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Sunday, March 10, 2013

Latest Ultraviolet Light Market - Global Forecast, Market Share, Size, Growth, And Industry Analysis, 2012 - 2018

Ultraviolet light is used for water, air and soil treatment which diminishes pathogens present in them, and the germ count as well. The ultraviolet light market is expected to cross USD 2 billion by 2018 at a CAGR of 12.5%. Ultraviolet light is more economical and eco-friendly compared to chemical substances used in water treatment which is the primary reason for this growth.

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The UV water treatment market represents the largest as well as fastest growing market by revenue. UV water treatment equipment has a wide range of industrial applications in purifying water, waste water treatment, semiconductor manufacturing, pharmaceutical products, air purification,  and in the food and beverage industry. Fastest growth is expected in waste water treatment application at a CAGR of 18% from 2012 to 2018.

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North America represents the largest market for UV water treatment equipment followed by Europe. Owing to growing industrialization and changing regulations regarding the use of chemicals in emerging countries like India and China, Asia-Pacific represents the fastest growing region for this market.

Some of the key players in this market include GE Lighting, Lit Technology, Meridian Design, Inc., Heraeus Noblelight, Remotelight Inc., Sita Srl, Surepure, Sentry Ultraviolet, Inc., Ushio, Inc., Waterhealth International, Xenon, Tana Water, Ultra-Sun Technologies, Inc., Air Oasis, American Air & Water, Bio-Uv, Calgon Carbon Corporation., Dust Free, eSpring and others.


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