The rising issues related to the scarcity of clean and healthy water is one of the major factors boosting the demand for UV disinfection technology across the globe.
The market is estimated to reach a value of US$6.73 bn by the end of 2025, exhibiting an impressive 17.40% CAGR between 2017 and 2025.
In addition, the advancements in technology and innovations are anticipated to benefit the market players and augment the global UV disinfection equipment market in the next few years.
The increasing awareness among consumers concerning the advantages of using UV disinfection technologies is anticipated to encourage the growth of the overall market in the next few years.
Furthermore, the rising concerns over water scarcity and the growing need for wastewater treatment are expected to offer lucrative opportunities for the market players in the near future.
Moreover, the introduction of effective technology and new products are likely to encourage growth.
The rising contribution from the U.S. and the presence of several leading companies are anticipated to encourage the growth of the North America market in the next few years.
Europe is expected to follow North America and register a healthy growth in the near future.
Furthermore, Asia Pacific is predicted to offer potential growth opportunities for the players operating in the UV disinfection equipment market in the next few years.
The increasing investments in order to offer effective wastewater treatment technologies are likely to accelerate the growth of the Asia Pacific market in the coming years.