UV Disinfection Market Size USD 3355.1 Million by 2026 at CAGR 7.8% | Valuates Reports
The global UV Disinfection market size is projected to reach USD 3355.1 Million by 2026, from USD 2143.8 Million in 2020, at a CAGR of 7.8% during 2021-2026.
- The global UV Disinfection market size is projected to reach USD 3355.1 Million by 2026, from USD 2143.8 Million in 2020, at a CAGR of 7.8% during 2021-2026.
- Major factors driving UV disinfection market size are increasing demand for UV disinfection equipment due to threats of infectious diseases and long life and lower power consumption of LED-based UV disinfection equipment.
- High R&D investment by manufacturers to improve the UV disinfection for large-scale applications, such as municipal drinking water and industrial process water treatment, is expected to further drive the growth of UV disinfection market size.
- Furthermore, ease of installation, low maintenance, less supervision, and space requirements have also led to UV disinfection market size growth.