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New York, November 8, 2021/PRNewswire/ - From 2019 to 2024, the UV lamp market will grow by US$820.6 million. According to forecasts, the market growth momentum will develop at a compound annual growth rate of nearly 14% during the forecast period. To Technavio. The report provides the latest analysis and understanding of the exact growth difference and YOY growth rate.
For more information on the trends and drivers that influence potential growth differences, please read the free sample report.
2020-2024 UV Lamp Market: Drivers and Challenges
The drop in manufacturing costs will provide huge growth opportunities. In addition, the increasing use of UV LEDs in consumer electronic products will become one of the most prominent trends that may promote market growth. However, the health hazards associated with UV lamps, design and integration issues at the manufacturing stage of UV LEDs, and the continued slowdown of the Chinese economy are some of the factors that may challenge the growth of market participants.
2020-2024 UV Lamp Market: Scope
Technavio presents a detailed picture of the market through research, synthesis and aggregation of data from multiple sources. Our report covers the following areas:
2020-2024 UV Lamp Market: Segmentation
The UV lamp market segmentation is as follows:
The mercury-based UV lamp product market segment took the lead in 2019 and will continue to maintain its dominant position in the next few years, as these lamps are traditionally used in applications such as water treatment systems. Geographically, due to the high demand for UV curing equipment technology from emerging economies in the Asia-Pacific region, the Asia-Pacific region will continue to contribute the most to the growth.
To learn more about other trends affecting the future growth of each market segment and region, download a free sample
2020-2024 UV Lamp Market: Supplier Analysis
The UV lamp market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alpha-Cure Ltd., Danaher Corp., Halma Plc, Heraeus Holding GmbH, IST Metz GmbH, Kuraray Co. Ltd., OSRAM Licht AG, Severn Trent Plc, Signify Dutch BV and Xylem Inc. are some of the major market players. With the support of competitive intelligence and benchmark tests, our research report on the UV lamp market aims to provide entry support, customer information and mergers and acquisitions, and strategic support for listing. In order to take full advantage of opportunities, market suppliers should pay more attention to the growth prospects of fast-growing market segments, while maintaining their position in the slow-growing market segments.
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2020-2024 UV Lamp Market: Main Highlights
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Accelerate at a compound annual growth rate of 14%
Asia Pacific, Europe, North America, South America and MEA
China, U.S., Germany, U.K., and Japan
Leading company, competitive strategy, scope of consumer participation
Alpha-Cure Ltd., Danaher Corp., Halma Plc, Heraeus Holding GmbH, IST Metz GmbH, Kuraray Co. Ltd., OSRAM Licht AG, Severn Trent Plc, Signify Netherlands BV, and Xylem Inc.
Mother market analysis, market growth incentives and obstacles, fast and slow growth market segment analysis, COVID-19 impact and future consumer dynamics, market conditions analysis during the forecast period
If our report does not contain the data you are looking for, you can contact our analysts and customize the market segment.
Technavio is the world's leading technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and formulate effective strategies to optimize their market position. Technavio's report library has more than 500 professional analysts, including more than 17,000 reports, and it is constantly increasing, covering 800 technologies across 50 countries/regions. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive coverage, extensive research, and actionable market insight to identify opportunities in existing and potential markets, and evaluate their competitive position in changing market scenarios.
Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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