Latin America Uv Disinfection Equipment Market 2023-2030
Market Outlook
The Latin America UV disinfection equipment market is anticipated to advance at a CAGR of 6.43% over the forecasted period. Brazil, Mexico, Argentina, and the Rest of Latin America are studied in the region’s report.
Demand for UV air purifiers in Mexico is expected to surge during the forecast years due to factors such as the increasing installation of air quality monitoring systems, emission inventories, awareness programs, and regulatory measures. As a result, manufacturers have been investing in green technologies to curb air pollution, which will drive the UV disinfection equipment market. In addition, significant growth in the construction industry is creating the need for sustainable water treatment systems. Since UV water treatment systems are considered eco-friendly, safe, and cost-effective, they are an affordable solution to meet this demand.
The significant contribution of agriculture, construction, automotive, and mining to Argentina’s GDP could potentially drive the growth of the UV disinfection equipment market. These sectors could prioritize the implementation of UV disinfection solutions to ensure safer work environments and public spaces amid the growing awareness of hygiene and health concerns. For example, in April 2021, Argentina’s Ministry of Public Works signed an agreement with the Province of Buenos Aires to finance 11 wastewater projects worth $52 million, including the construction of six new treatment plants. Such developments are expected to contribute to the studied market. Competitive Outlook The key players in the UV disinfection equipment market include Evoqua Water Technologies LLC, Severn Trent Plc, Halma Plc, Danaher Corporation, Atlantic Ultraviolet Corporation, and OSRAM Licht AG.
1. Latin America Uv Disinfection Equipment Market - Summary
2. Industry Outlook
2.1. Technology Development
2.2. Market Evolution
2.3. Impact Analysis On The Uv Disinfection Equipment Market
2.3.1. Covid-19 Impact
2.4. Porter’s Five Forces Analysis
2.4.1. Threat Of New Entrants
2.4.2. Threat Of Substitutes
2.4.3. Bargaining Power Of Buyers
2.4.4. Bargaining Power Of Suppliers
2.4.5. Threat Of Competitive Rivalry
2.5. Industry Components
2.5.1. Raw Materials
2.5.2. Component Manufacturers/ Suppliers
2.5.3. Distributors
2.5.4. End-user
2.6. Regulatory Framework
2.7. Key Market Strategies
2.7.1. Collaborations
2.7.2. Product Launches
2.7.3. Mergers & Acquisitions
2.7.4. Business Divestitures & Expansions
2.8. Market Drivers
2.8.1. Uv Disinfection Equipment Emerges As Sustainable Alternative
2.8.2. Growing Government Initiatives
2.8.3. Cost-effective Disinfection Technique
2.9. Market Challenges
2.9.1. Limited Effectiveness Of Uv Disinfection Equipment
2.9.2. Uv Technology Effective Against Waterborne Microorganisms
2.10. Market Opportunities
2.10.1. Implementation Of Un Millennium Development Goals
2.10.2. Cost-effective Disinfection Solution Enabling Water Reusability
2.10.3. Environmentally Suitable Disinfection System
2.11. Analyst Perspective
3. Latin America Uv Disinfection Equipment Market – By Application
3.1. Water Treatment
3.1.1. Freshwater
3.1.2. Waste Water
3.2. Air Treatment
3.2.1. Healthcare Facilities
3.2.2. Hospitality
3.2.3. Industrial
3.2.4. Retail Shop
3.2.5. Offices
3.2.6. Other Air Treatments
3.3. Surface Disinfection
3.4. Other Applications
4. Latin America Uv Disinfection Equipment Market – By Component
4.1. Uv Lamp
4.2. Quartz Sleeve
4.3. Reactor
4.4. Control Unit
4.5. Other Components
5. Latin America Uv Disinfection Equipment Market – By Country Outlook
5.1. Brazil
5.1.1. Brazil Uv Disinfection Equipment Market Forecast & Prospects