The future of the global ultra violet (UV) lamps market looks promising with opportunities in the medical phototherapy, analytical instruments, tanning, water treatment, air purification, UV curing, surface treatment, food & beverages disinfection, and biomedical applications. The global ultra violet (UV) lamps market is expected to reach an estimated $0.8 billion by 2030 with a CAGR of 10.8% from 2024 to 2030. The major drivers for this market are rising number of waterborne disease related cases, increasing use of UV systems in water and wastewater treatment facilities and plants, and expanding use of these lamps to reduce indoor air pollution.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the ultra violet (UV) lamps
market by type (UV LED lamp and UV mercury lamp), application (medical
phototherapy, analytical instruments, tanning, water treatment, air
purification, UV curing, surface treatment, food & beverages disinfection,
biomedical, and others), and region (North America, Europe, Asia Pacific, and
the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, UV led
and UV mercury are the two types of ultra violet (UV) lamps used by various end
use industries. Lucintel forecast that UV led lamp is expected to witness
highest growth over the forecast period due to its energy efficiency, longer
lifespan, and reduced environmental concerns. Within this market, UV curing
will remain the largest segment due to significant use of UV lamps for curing
process in printing and wood coating industries.
APAC is expected to
witness highest growth over the forecast period due to growing concern towards
air and water quality, continuous expansion in urbanization and
industrialization, and rising disposable income among population of the region.
Surepure, Ushio,
Heraeus, Alpha-Cure, Philips, GE Lighting, Lit, Eta Plus Electronic, Light
Sources, and Osram are the major suppliers in the ultra violet (UV) lamps
market.
About Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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