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COVID-19 Recovery Analysis: UV Lamp Market | The Declining Manufacturing Costs to Boost the Market Growth | Technavio

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09/18/2020 | 06:01pm EDT

Technavio has been monitoring the UV lamp market and it is poised to grow by $ 820.63 mn during 2020-2024, progressing at a CAGR of almost 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200918005237/en/

Technavio has announced its latest market research report titled Global UV Lamp Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global UV Lamp Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The 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 Netherlands BV, and Xylem Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

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The declining manufacturing costs has been instrumental in driving the growth of the market. However, health hazards associated with UV lamps might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

UV Lamp Market 2020-2024: Segmentation

UV Lamp Market is segmented as below:

  • Product
    • Mercury-based UV Lamps
    • UV LEDs
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA

UV Lamp Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The UV lamp market report covers the following areas:

  • UV Lamp Market Size
  • UV Lamp Market Trends
  • UV Lamp Market Industry Analysis

This study identifies the increased adoption of UV LEDs in consumer electronics as one of the prime reasons driving the UV lamp market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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UV Lamp Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist UV lamp market growth during the next five years
  • Estimation of the UV lamp market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the UV lamp market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of UV lamp market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Mercury-based UV lamps - Market size and forecast 2019-2024
  • UV LEDs - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • UV curing - Market size and forecast 2019-2024
  • Water and air purification - Market size and forecast 2019-2024
  • Tanning - Market size and forecast 2019-2024
  • Analytical instruments - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alpha-Cure Ltd.
  • Danaher Corp.
  • Halma Plc
  • Heraeus Holding GmbH
  • IST Metz GmbH
  • Kuraray Co. Ltd.
  • OSRAM Licht AG
  • Severn Trent Plc
  • Signify NV
  • Xylem Inc.


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

© Business Wire 2020

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