UV lamp market size to increase by USD 2.31 billion: APAC will account for 39% of market growth

NEW YORK, Jan. 30, 2023 /PRNewswire/ -- The UV Lamp Market by Product Type, Application, and Geography - Forecast and Analysis 2022-2026 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 20.05% and register an incremental growth of USD 2.31 billion during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Buy the report!

Regional analysis

Based on region, the global UV lamp market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. APAC is estimated to contribute 39% of the growth of the global market over the forecast period. The high demand for UV curing equipment and technology is driving the growth of the regional market. China and Japan are the key countries for the UV lamp market in APAC. However, market growth in this region will be slower than the growth of the market in other regions.

Company profiles

The UV lamp market report includes information on the key products and recent developments of leading vendors, including:

AlphaCure Ltd.: The company offers UV lamps with over 19,000 variations, including metal halide lamps.

American Air & Water Inc.: The company offers UV lamps such as germicidal UV systems.

OSRAM GmbH: The company offers UV lamps, such as germicidal UV lamps for residential, commercial, and industrial, which produce short-wave radiation that is lethal to bacteria, viruses, and other microorganisms.

Atlantic Ultraviolet Corp.: The company offers UV lamps such as Standard low pressure UV Lamps, Amalgam low pressure UV Lamps, and Medium UV Lamp.

Halma Plc: The company offers UV lamps such as Amba UV curing Lamps, UV Medium pressure lamps, UV low pressure lamps, and UV lamps Amalgam.

Heraeus Holding GmbH

IST Metz GmbH & Co. Kg

Koninklijke Philips NV

KURARAY Co. Ltd.

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Market dynamics

The market is driven by factors such as the low cost of ownership of UV LEDs, growing development toward increasing production of UV LEDs, and the growing concern toward improving indoor air quality. However, Health hazards associated with UV lamps are hindering the market growth.

Competitive analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Request a sample

Market segmentation

Based on type, the market is segmented into mercury-based UV lamps and UV LEDs. The mercury-based UV lamps segment accounted for the largest share of the market in 2021.

Based on geography, the market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. APAC held the largest share of the market in 2021.

Based on application, the market is segmented into UV curing, water and air purification, tanning, analytical instruments, and others).

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The ultraviolet stabilizers market is estimated to grow by USD 321.19 million during 2021-2026, accelerating at a CAGR of 6.40% during the forecast period. The rising demand in the polymer industry is notably driving the ultraviolet stabilizers market growth, although factors such as compliance with strict safety and environmental requirements may impede the market growth.

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What are the key data covered in this UV lamp market report?

CAGR of the market during the forecast period 2022-2026

Detailed information on factors that will drive UV lamp market growth during the next five years

Precise estimation of the UV lamp market size and its contribution to the parent market

Accurate predictions on upcoming trends and changes in consumer behavior

The growth of the UV lamp industry across APAC, Europe, North America, South America, and the Middle East and Africa

A thorough analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of UV lamp market vendors

UV Lamp Market Scope

Report Coverage

Details

Page number

153

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 20.05%

Market growth 2022-2026

USD 2.31 billion

Market structure

Fragmented

YoY growth (%)

18.95

Regional analysis

APAC, Europe, North America, South America, and the Middle East and Africa

Performing market contribution

APAC at 39%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Key companies profiled

AlphaCure Ltd., American Air & Water Inc., OSRAM GmbH, Atlantic Ultraviolet Corp., Danaher Corp., Dr. Honle AG, Excelitas Technologies Corp., Halma Plc, Heraeus Holding GmbH, IST Metz GmbH & Co. Kg, Koninklijke Philips NV, KURARAY Co. Ltd., Lumileds Holding BV, Sanan Optoelectronics Co. Ltd., Seoul Semiconductor Co. Ltd., Severn Trent PLC, Ushio Inc., Xenex Disinfection Services LLC, Xylem Inc., and Zchem Specialities Pvt Ltd

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of contents:

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

4.1 Five forces summary

4.2 Bargaining power of buyers

4.3 Bargaining power of suppliers

4.4 Threat of new entrants

4.5 Threat of substitutes

4.6 Threat of rivalry

4.7 Market condition

5 Market Segmentation by Product Type

5.1 Market segments

5.2 Comparison by Product Type

5.3 Mercury-based UV lamps - Market size and forecast 2021-2026

5.4 UV LEDs - Market size and forecast 2021-2026

5.5 Market opportunity by Product Type

6 Market Segmentation by Application

6.1 Market segments

6.2 Comparison by Application

6.3 UV curing - Market size and forecast 2021-2026

6.4 Water and air purification - Market size and forecast 2021-2026

6.5 Tanning - Market size and forecast 2021-2026

6.6 Analytical instruments - Market size and forecast 2021-2026

6.7 Others - Market size and forecast 2021-2026

6.8 Market opportunity by Application

7 Customer Landscape

7.1 Customer landscape overview

8 Geographic Landscape

8.1 Geographic segmentation

8.2 Geographic comparison

8.3 APAC - Market size and forecast 2021-2026

8.4 Europe - Market size and forecast 2021-2026

8.5 North America - Market size and forecast 2021-2026

8.6 South America - Market size and forecast 2021-2026

8.7 Middle East and Africa - Market size and forecast 2021-2026

8.8 China - Market size and forecast 2021-2026

8.9 US - Market size and forecast 2021-2026

8.10 Germany - Market size and forecast 2021-2026

8.11 Japan - Market size and forecast 2021-2026

8.12 UK - Market size and forecast 2021-2026

8.13 Market opportunity by geography

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

10.3 Landscape disruption

10.4 Industry risks

11 Vendor Analysis

11.1 Vendors covered

11.2 Market positioning of vendors

11.3 AlphaCure Ltd.

11.4 American Air and Water Inc.

11.5 Atlantic Ultraviolet Corp.

11.6 Danaher Corp.

11.7 Heraeus Holding GmbH

11.8 IST Metz GmbH and Co. Kg

11.9 OSRAM GmbH

11.10 Sanan Optoelectronics Co. Ltd.

11.11 Ushio Inc.

11.12 Xylem Inc.

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

12.3 Currency conversion rates for US$

12.4 Research methodology

12.5 List of abbreviations

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Contact

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com/

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