Latest News- UV Lamp Market: Mercury-based UV lamps expected to lead the Product segment during 2025-2029

The UV Lamp Market is being driven by Low cost of ownership of UV LEDs

The UV Lamp Market is expected to grow at a CAGR of 14% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 573.8 million. In light of increasing environmental regulations, the adoption of mercury-based UV lamps, including mercury-lamp UV curing systems, is decreasing due to their hazardous nature. This shift in market trends is driving significant investment in UV LED technology, which offers numerous advantages. UV LEDs are a non-hazardous source of UV radiation, as they are free of ozone and mercury. Furthermore, they provide energy-saving features and sustainability benefits, making them an attractive alternative for businesses seeking to reduce power supply costs and comply with legislative changes. The global market for UV LEDs is poised for growth, as these advanced lighting solutions offer improved flux density and stability, providing significant environmental benefits over traditional UV technologies. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Mercury-based UV lamps
  • UV LEDs
• Application
  • UV Curing
  • Water and air purification
  • Tanning
  • Analytical instruments
  • Others
• Power Rating
  • Low-power UV lamps
  • Medium-power UV lamps
  • High-power UV lamps
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Low cost of ownership of UV LEDs
• Growing efforts toward increasing UV LED production
• Increasing need to improve indoor air quality

However, the market also witnesses some limitations, which are as follows:

• Health hazards associated with UV lamps
• Design and integration issues in UV LED manufacturing
• Ongoing slowdown in Chinese economy

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Market Scope in UV Lamp Market Research Report

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Research Analysis Overview

The UV lamp market encompasses various applications of LED UV technology, including UV LED lamps, UV disinfection systems, and UV sterilization systems. These systems incorporate features such as UV lamp monitoring, control, automation, integration, sensors, timers, calibration, validation, verification, compliance, protocols, guidelines, sustainability, lifecycle, recycling, and disposal.

Market Research Overview

The UV lamp market is a significant segment within the expansive electrical components and equipment industry. This sector encompasses the production of UV disinfection and sterilization solutions, including UV-C, UV-B, and UV-A lamps, and other UV light sources. The parent market, the global electrical components and equipment industry, entails organizations involved in manufacturing electrical cables and wires, electrical components, and electrical equipment. Technavio's market analysis includes revenue generated from water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Additionally, the market size considers rental and leasing of electrical components and equipment to industrial, commercial, and residential sectors. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/