UV Disinfection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Albany, NY -- (SBWIRE) -- 08/31/2015 -- A new publication released by Transparency Market Research (TMR), presents a comprehensive analysis of the global UV disinfection equipment market. The market study talks about the current market scenario and its impact on the future of the UV disinfection equipment market across the globe.The report is titled "UV Disinfection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019".
Browse the full UV Disinfection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/ultraviolet-disinfection-equipment.html
Ultraviolet or UV disinfection equipment are devices used to cure and prevent water contamination. The UV disinfection equipment market is giving tough competition to the chlorine-based disinfection market owing to advantages such as residue-free functioning, low operating cost, and easy operation. The global market for UV disinfection equipment had reached a value of US$993.4 million in 2012. It is anticipated that the market will register a compound annual growth rate of 14.1% during 2013 to 2019, and reach US$2.5 billion by 2019. Government schemes for providing clean drinking water to people are adding to the scope of the global UV disinfection equipment industry. Additionally, the rapid development of medical and healthcare sectors and chemical industries provides ample opportunities for the air and surface segments of the UV disinfection equipment market.
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In many economies, the combination of UV disinfection equipment and ozone is being employed to form multiple barriers for cryptosystem, an ailment that causes diarrhea and gastrointestinal illness, and Giardia, a protozoan parasite causing Giardiasis. The average cost to minimize the effectiveness of cryptosystem by ozone is US$8.1 million, whereas this cost comes up to US$4.6 million for the combination of ozone and UV disinfection equipment.
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One of the regulations imposed by the Environmental Protection Agency associated with the drinking water treatment is Long Term 2 Surface Water Treatment Rule, wherein all public water systems in the U.S. that utilize ground water under the direct pressure of surface water are needed to decrease the levels of cryptosystem in the source water by 2-logs, that is by 99%. The cryptosystem microorganisms are anti-chlorine, which provides an opportunity for ozonation, micro-filtration and UV disinfection.
The yearly cost for proper functioning and maintenance of water disinfection systems of ozone is US$460,000, whereas the annual cost in case of a disinfection system that includes a combination of ozone and UV disinfection equipment is US$60,000. Chlorine takes around 15 to 20 minutes to treat the water stored in the contact tank, while UV disinfection equipment takes only 6 to 10 seconds. As UV disinfection equipment are cost-effective, this technique is attracting the focuses of users, which is resulting in the increased market demand.
The declining rate of development of the food and beverages category in the UV disinfection equipment industry is one of the key concerns impacting the future of the market. However, with improvisations in the global food and beverages industry, the development of this category of UV disinfection market is likely to exhibit positive signs.The market study includes a detailed analysis of past performances, existing trends, and future prospects of the UV disinfection equipment market across the globe, and creates an insightful and engaging read.
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Key Questions This Study Will Answer
What is the market size and potential for UV Disinfection Equipment Market products?
Which segment of UV Disinfection Equipment Market is growing the fastest? How long will it continue to grow, and at what rate?
What is the greatest challenge faced by the UV Disinfection Equipment Market and how can it be overcome?
Are the products and services offered currently meeting customer needs, or are there additional developments needed?
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