Overview:

The global UV lamps market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Ultraviolet lamps produce electromagnetic radiations that have wavelength between 10 nanometers to 400 nanometers. UV rays have wavelength longer than X-rays but shorter than visible light.

Market Dynamics:

Increasing number of construction projects, rising cases of air borne diseases, and increasing disposable income are key factors driving growth of the global UV lamps market. In addition, increasing adoption of advanced technologies at water and waste water treatment plants coupled with increasing number of waste water treatment plants are other factors fueling growth of the market.

Rising online sales and increasing marketing activity to promote UV lamps is among the other factor expected to support growth of the target market. However, UV lamps generate a lot of heat as compared to normal lamps, which is a key factor expected to hamper the market growth to certain extent during the forecast period.

Key Trends:

Rising focus on product launches by major players is a key trend observed in the global UV lamps market. For instance, in 2020, Xiaomi launched product UV ozone sterilization lamp. In addition, in September 2020, Ushio Inc. has launched advanced ultraviolet lamps which is able to kill coronavirus and doesn’t affect human health. This UV lamp is considered first of its kind across the globe.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounted for highest share in terms of revenue in the UV lamps market. Rising construction projects and increasing spending in home enhancement technologies are some of the key factors driving growth of the target market in the North America region. The market in Asia Pacific is expected to witness highest growth rate during the forecast period. This can be attributed to increasing number of companies launching new products and increasing disposable income of the individuals which is driving the affordability level.

Scope of the Report:

Detailed Segmentation:

Global UV Lamps Market, By Type:

• UV Mercury Lamp
• UV LED

Global UV Lamps Market, By Application:

• Water & Wastewater Treatment
• Surface Disinfection
• Air Treatment
• Food & Beverages Disinfection
• Others

Global UV Lamps Market, By Distribution Channel:

• Online
• Offline

Key Players Covered:

Key players operating in the global market includes, Light Sources Inc., GE Lighting, Alpha-Cure Ltd., Philips, OSRAM GmbH., SurePure, LIT Company, Heraeus Holding, ETA Plus Electronic, and Ushio Inc.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global UV Lamps Market by type, application, distribution channel, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global UV lamps market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.