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Commercial UV Water Purifier Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR45089
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The commercial UV water purifier market size has the potential to grow by USD 179.66 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 1.84%. 

This report provides a detailed analysis of the market by end-user (hospitality, food services, education, retail, and others) and geography (North America, Europe, APAC, South America, and MEA). 

Commercial UV Water Purifier Market Share

Commercial-UV-Water-Purifier-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Atlantic Ultraviolet Corp.
  • BWT Holding GmbH
  • Ecolab Inc.
  • Evoqua Water Technologies LLC
  • Halma Plc
  • LUMINOR Environmental Inc.
  • Pentair Plc
  • SUEZ WTS USA Inc.
  • Trojan Technologies
  • Xylem Inc.

 

The commercial UV water purifier market is fragmented and the vendors are deploying growth strategies such as managing their sales, distribution, and working capital effectively to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as rapid industrialization to achieve growth opportunities. However, factors such as the high maintenance cost of UV units will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the commercial UV water purifier market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This commercial UV water purifier market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Commercial UV Water Purifier Market: Key Drivers and Trends

  • Rapid industrialization is one of the major factors driving the commercial UV water purifier market growth.
  • The rise in industrialization subsequently increases the demand for fresh and clean water due to the water contamination by various industries, including the food and beverage and hospitality sectors.
  • Different sectors release different contaminants into the water, which increases the need for disinfection.
  • The depletion of water resources and the growing demand for water are compelling industries to recycle and reuse water.
  • The urban-to-rural migration has amplified water contamination rates. Such factors will create the demand for the adoption of commercial UV water purifiers across various industries.
  • The use of LED technology in UV lighting systems, one of the latest commercial UV water purifier market trends, will drive market growth.
  • UV light-emitting bulbs are one of the most important components of UV water purifier systems.
  • The replacement of these bulbs with a more reliable alternative such as LED bulbs is rapidly gaining prominence in the industry.
  • The emergence of LED bulbs as an alternative to UV bulbs has caused quite a stir in the commercial UV water purifier market.
  • With the awareness about the benefits of LED lights over conventional UV bulbs, the demand for this technology is projected to increase in the coming years.

 

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Commercial UV Water Purifier Market: Segmentation by Geography

Commercial-UV-Water-Purifier-Market-Market-Share-by-Region-2020-2025

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34% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for commercial UV water purifiers in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The growing health concerns due to increasing water toxicity and increasing level of industrialization will facilitate the commercial UV water purifier market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Commercial UV Water Purifier Market: Segmentation by End-user

Commercial-UV-Water-Purifier-Market-Market-Share-by-End-2020-2025

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The commercial UV water purifier market share growth by the hospitality segment will be significant during the forecast period. The growth in the overall hospitality sector globally will increase the demand for water for commercial and drinking purposes, which is likely to add impetus to the global commercial UV water purifier market.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the commercial UV water purifier market size.

 

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Key Highlights of the Commercial UV Water Purifier Market Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive commercial UV water purifier market growth during the next five years
  • Precise estimation of the commercial UV water purifier market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the commercial UV water purifier industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of commercial UV water purifier market vendors

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Commercial UV Water Purifier Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

$ 179.66 million

Market structure

Fragmented

YoY growth (%)

1.01

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 34%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Atlantic Ultraviolet Corp., BWT Holding GmbH, Ecolab Inc., Evoqua Water Technologies LLC, Halma Plc, LUMINOR Environmental Inc., Pentair Plc, SUEZ WTS USA Inc., Trojan Technologies, and Xylem Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Analysis
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Hospitality - Market size and forecast 2020-2025
    • Food services - Market size and forecast 2020-2025
    • Education - Market size and forecast 2020-2025
    • Retail - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor Landscape Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Atlantic Ultraviolet Corp.
      • BWT Holding GmbH
      • Ecolab Inc.
      • Evoqua Water Technologies LLC
      • Halma Plc
      • LUMINOR Environmental Inc.
      • Pentair Plc
      • SUEZ WTS USA Inc.
      • Trojan Technologies
      • Xylem Inc.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      The commercial uv water purifier market growth will increase by $152.39 million during 2019-2024.
      The commercial uv water purifier market is expected to grow at a CAGR of 1.56% during 2019-2024.
      Technavio has segmented the commercial uv water purifier market by end user (Hospitality, Food services, Education, Retail, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
      Atlantic Ultraviolet Corp., BWT Aktiengesellschaft, Ecolab Inc., Evoqua Water Technologies LLC, Halma Plc, LUMINOR Environmental Inc., Pentair Plc, SUEZ SA, Trojan Technologies, Xylem Inc. are a few of the key vendors in the commercial uv water purifier market.
      APAC will register the highest growth rate of 35.76% among the other regions. Therefore, the commercial uv water purifier market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the commercial uv water purifier market growth are:
      • Increasing health concerns
      The commercial uv water purifier market vendors should focus on grabbing business opportunities from the hospitality segment as it accounted for the largest market share in the base year.
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