In the report about UV lamps, multiple factors, and their impacts were shared. The most important elements were the growth and the market size. These elements link to challenges in the global supply chain of UV lamps. Besides, regions and their countries are prominent areas, which you will find in this press release.
Market Value
The market size of UV lamps is around $ 430 million in 2023, which is really lucrative. It is because of its high consumption in a few industries, but those few industries generate lots of revenue. This market size will likely grow and reach over $ 1500 million by 2027. This is the market value, which will rapidly grow at a high rate.
Applications
In the medical field, various treatments like water, surface, and skin treatment are common. UV lamps find use in curing, food processing, and chemical industries. About 50% of the consumption is in water treatment, followed by 40% in air purification and medical applications, aiding skin treatments and combating viruses with limited, safer UV exposure. The rise of COVID-19 variants has boosted medical UV applications. The rest, 10%, serves food, UV curing, and industries.
Countries and Major Players
The global UV lamp market is dominated by major players worldwide, spanning the US to Australia. Notably, North America and Europe host industry giants like USA, Canada, UK, France, Italy, Turkey, and Russia. Asia Pacific boasts China, Japan, India, South Korea, Australia, Indonesia, and Malaysia, while South America sees Brazil, Africa sees Egypt, and the Middle East features KSA, UAE, Bahrain, Qatar, Oman, and GCC players. Leading contributors include US, China, UK, France, Russia, India, with China and India’s rapid growth offering pricing and customization flexibility.
Global Suppliers
In the study, there were some top manufacturers from different countries. Many of them have been operating in the industry for many years, and they are reliable names. From all over the world, they receive orders for medical and non-medical consumption of UV lamps. Most of them are from the US, South Korea, and Japan. Some names are below.
Heraeus Holding
LG Chem Ltd.
Trojan Technologies Inc.
Ushio Inc.
Xylem Inc.
Besides these names, some manufacturers are emerging in the wholesale market. Most of them are from the Asia-Pacific region. China is coming up with some new names that have lower prices and consistent quality. One of those new contributors is Qingdao Yanshan Guiyu Trade Co., Ltd. In this way, the buyers have more options in selecting the suppliers. As well as, they will have more options in terms of price comparison, quality grading, and delivery options.
Contact Details: +8613608981615
Company: https://www.ysgytrade.com/
Email Address: [email protected]
