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Global Ultraviolet (UV) Disinfection Strategic Business Report 2023: Increased Demand for Customized UV Disinfection Equipment Drives Market Growth

Global Ultraviolet (UV) Disinfection Strategic Business Report 2023: Increased Demand for Customized UV Disinfection Equipment Drives Market Growth
PR Newswire
DUBLIN, March 15, 2023

DUBLIN, March 15, 2023 /PRNewswire/ — The “Ultraviolet (UV) Disi…



Global Ultraviolet (UV) Disinfection Strategic Business Report 2023: Increased Demand for Customized UV Disinfection Equipment Drives Market Growth

PR Newswire

DUBLIN, March 15, 2023 /PRNewswire/ -- The "Ultraviolet (UV) Disinfection: Global Strategic Business Report" report has been added to's offering.

The global market for Ultraviolet (UV) Disinfection estimated at US$4.7 Billion in the year 2022, is projected to reach a revised size of US$12.9 Billion by 2030, growing at a CAGR of 13.4% over the analysis period 2022-2030.

UV Lamps, one of the segments analyzed in the report, is projected to record a 14.6% CAGR and reach US$5.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Ballasts / Controller Units segment is readjusted to a revised 12.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 16.2% CAGR

The Ultraviolet (UV) Disinfection market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 11.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2 Billion by the year 2030.

Select Competitors (Total 115 Featured) -

  • Advanced UV, Inc.
  • American Ultraviolet, Inc.
  • Atlantic Ultraviolet Corporation
  • Atlantium Technologies Ltd.
  • Evoqua Water Technologies LLC
  • Halma plc
  • Hitech Ultraviolet Pvt. Ltd.
  • Lumalier Corporation
  • Trojan Technologies Group ULC
  • UVO3 Ltd.
  • uv-technik Speziallampen GmbH
  • Xylem, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:




  • Impact of Covid-19 and a Looming Global Recession
  • Year 2021 and Beyond
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2023
  • COVID-19 Impact on UV Disinfection
  • UV Disinfection Market Buoys as COVID-19 Brings Disinfection to the Fore
  • Demand for UVC Disinfection Equipment Surges amid the Pandemic
  • Effectiveness of UV-C in Preventing COVID-19 Transmission by Reducing Contamination
  • COVID-19 Pandemic Accelerates UV-Enabled Disinfection for Improving Indoor Air Quality
  • Competition
  • Ultraviolet (UV) Disinfection - Global Key Competitors Percentage Market Share in 2021 (E)
  • A Prelude to UV Light
  • Application Areas
  • Disinfection Capabilities of UVC
  • Advantages and Disadvantages of UVC Disinfection
  • Far-UVC Light Products
  • Far UV-C & Health Risks
  • A Prelude to UV Disinfection Equipment
  • UV Disinfection Technology for Disinfection in Healthcare Facilities
  • UV Light for Office and School Infrastructure Cleaning
  • Global Market Prospects and Outlook
  • Global UV Disinfection Equipment Market Witnesses Increased Growth
  • By Application
  • By End-user
  • Municipalities Claim Leadership Stake in Ultraviolet Disinfection Equipment Market
  • By Component
  • By Power Rating and Type
  • Regional Market Perspective
  • North America and Europe Dominates
  • Asia-Pacific to Emerge as Rapidly Growing Market for Ultraviolet Disinfection Equipment
  • Competition
  • Recent Market Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)



  • Mobile UV Systems and Handheld UV Sanitizers Come to the Fore
  • UV-C Light Presents Viable & Effective Route for Faculty-Wide Disinfection
  • Approaches to Treat Spaces Using UV-C
  • UV Disinfection Presents Intriguing Alternative to Chlorine for Water Treatment Units
  • Growing Industry Focus on Water Reuse Amid Looming Water Crisis Benefits Demand for UV Disinfection
  • Factors Driving the Need for Water Reuse
  • World Water Resources: Percentage Breakdown by Water Quality
  • Increasing Levels of Water Contamination Drive the Need for UV Disinfection
  • Focus on Hospital Acquired Infections (HAIs) Prevention Practices Drives Demand
  • Renewed Threat of Infectious Diseases to Drive Adoption
  • Global Number of Deaths Caused Due to Communicable Diseases (In 000s)
  • Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost by Infection Type
  • Contribution of UV Disinfection Technology towards Enhancement of Manual Cleaning Practices
  • Increased Demand for Customized UV Disinfection Equipment Drives Market Growth
  • Increasing use of UV Light by Dental Practices
  • UVC Lamps Differ in Terms of UVC Radiation
  • FDA Regulations on UVC Lamps
  • Market Witnesses Influx of New UV Disinfection Robots
  • USZ Deploys New UV-C Disinfection Robot
  • UV Disinfection Robot Lamps
  • Nong Fai Chai Gen 3 - the Robotic UV-C Disinfection Lamp for COVID-19
  • Mitigating COVID-19 Transmission Risk in Hospitals Gets Interesting at UV Disinfection Robot Levels
  • Major Developments in UV Disinfection Equipment Market
  • Pittsburgh International Airport Enters into Partnership with Carnegie Robotics
  • Portable UV Disinfection Chambers by Georgia Tech Research Institute
  • Technological Advancements in UV Disinfecting Technology
  • UV-C LED Sanitization: An Innovation in LED Lighting
  • UV Disinfection Trolley
  • The Portable UV Light Disinfection Sanitizer Wand
  • The UV-based Sanitization Wand From Boeing
  • Safety of UV-C Disinfection Devices
  • UV-C Validation Protocols and Performance Standards for UV Disinfection Devices
  • Lucrative Prospects in the Airports Vertical
  • Air Passenger Traffic in Billion: 2019, 2020 and 2021
  • Efficiency and Improved ROI Make UV-C Disinfection Technology an Ideal Option for Hospitality Industry
  • Hotel Occupancy Rate: 2018-2022
  • US Revenues Per Available Room (RevPar): 2019 to 2023
  • Impact of Covid-19 on Hotel Occupancy Rates in Select Countries: March 2020
  • Average YoY % Change in Revenues Per Available Room (RevPar) in Europe: March 2020 - May 2020
  • Benefits of UV-C Disinfection for Hospitality and Lodging Industry
  • Restaurants Bet on UV Disinfection for Safer Environments
  • Global Fast Food & Quick Service Restaurant Market Size (in US$ Billion) for 2019, 2022 & 2025
  • Robust Opportunities in Cinema Halls & Shopping Malls
  • Stringent Regulations Regarding Food Safety to Augment Deployment of UV Disinfection
  • Foodborne Illness Outbreak Investigations in the US (2019 & 2020)
  • Cold Storage and Refrigerated Spaces for Fruits & Vegetables Augment Demand
  • Food Sterilization Applications for UVC Lamps
  • Food sterilization applications for UVC lamps include:




For more information about this report visit

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Fast-food chain closes restaurants after Chapter 11 bankruptcy

Several major fast-food chains recently have struggled to keep restaurants open.



Competition in the fast-food space has been brutal as operators deal with inflation, consumers who are worried about the economy and their jobs and, in recent months, the falling cost of eating at home. 

Add in that many fast-food chains took on more debt during the covid pandemic and that labor costs are rising, and you have a perfect storm of problems. 

It's a situation where Restaurant Brands International (QSR) has suffered as much as any company.  

Related: Wendy's menu drops a fan favorite item, adds something new

Three major Burger King franchise operators filed for bankruptcy in 2023, and the chain saw hundreds of stores close. It also saw multiple Popeyes franchisees move into bankruptcy, with dozens of locations closing.

RBI also stepped in and purchased one of its key franchisees.

"Carrols is the largest Burger King franchisee in the United States today, operating 1,022 Burger King restaurants in 23 states that generated approximately $1.8 billion of system sales during the 12 months ended Sept. 30, 2023," RBI said in a news release. Carrols also owns and operates 60 Popeyes restaurants in six states." 

The multichain company made the move after two of its large franchisees, Premier Kings and Meridian, saw multiple locations not purchased when they reached auction after Chapter 11 bankruptcy filings. In that case, RBI bought select locations but allowed others to close.

Burger King lost hundreds of restaurants in 2023.

Image source: Chen Jianli/Xinhua via Getty

Another fast-food chain faces bankruptcy problems

Bojangles may not be as big a name as Burger King or Popeye's, but it's a popular chain with more than 800 restaurants in eight states.

"Bojangles is a Carolina-born restaurant chain specializing in craveable Southern chicken, biscuits and tea made fresh daily from real recipes, and with a friendly smile," the chain says on its website. "Founded in 1977 as a single location in Charlotte, our beloved brand continues to grow nationwide."

Like RBI, Bojangles uses a franchise model, which makes it dependent on the financial health of its operators. The company ultimately saw all its Maryland locations close due to the financial situation of one of its franchisees.

Unlike. RBI, Bojangles is not public — it was taken private by Durational Capital Management LP and Jordan Co. in 2018 — which means the company does not disclose its financial information to the public. 

That makes it hard to know whether overall softness for the brand contributed to the chain seeing its five Maryland locations after a Chapter 11 bankruptcy filing.

Bojangles has a messy bankruptcy situation

Even though the locations still appear on the Bojangles website, they have been shuttered since late 2023. The locations were operated by Salim Kakakhail and Yavir Akbar Durranni. The partners operated under a variety of LLCs, including ABS Network, according to local news channel WUSA9

The station reported that the owners face a state investigation over complaints of wage theft and fraudulent W2s. In November Durranni and ABS Network filed for bankruptcy in New Jersey, WUSA9 reported.

"Not only do former employees say these men owe them money, WUSA9 learned the former owners owe the state, too, and have over $69,000 in back property taxes."

Former employees also say that the restaurant would regularly purchase fried chicken from Popeyes and Safeway when it ran out in their stores, the station reported. 

Bojangles sent the station a comment on the situation.

"The franchisee is no longer in the Bojangles system," the company said. "However, it is important to note in your coverage that franchisees are independent business owners who are licensed to operate a brand but have autonomy over many aspects of their business, including hiring employees and payroll responsibilities."

Kakakhail and Durranni did not respond to multiple requests for comment from WUSA9.

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Industrial Production Increased 0.1% in February

From the Fed: Industrial Production and Capacity Utilization
Industrial production edged up 0.1 percent in February after declining 0.5 percent in January. In February, the output of manufacturing rose 0.8 percent and the index for mining climbed 2.2 p…



From the Fed: Industrial Production and Capacity Utilization
Industrial production edged up 0.1 percent in February after declining 0.5 percent in January. In February, the output of manufacturing rose 0.8 percent and the index for mining climbed 2.2 percent. Both gains partly reflected recoveries from weather-related declines in January. The index for utilities fell 7.5 percent in February because of warmer-than-typical temperatures. At 102.3 percent of its 2017 average, total industrial production in February was 0.2 percent below its year-earlier level. Capacity utilization for the industrial sector remained at 78.3 percent in February, a rate that is 1.3 percentage points below its long-run (1972–2023) average.
emphasis added
Click on graph for larger image.

This graph shows Capacity Utilization. This series is up from the record low set in April 2020, and above the level in February 2020 (pre-pandemic).

Capacity utilization at 78.3% is 1.3% below the average from 1972 to 2022.  This was below consensus expectations.

Note: y-axis doesn't start at zero to better show the change.

Industrial Production The second graph shows industrial production since 1967.

Industrial production increased to 102.3. This is above the pre-pandemic level.

Industrial production was above consensus expectations.

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Southwest and United Airlines have bad news for passengers

Both airlines are facing the same problem, one that could lead to higher airfares and fewer flight options.



Airlines operate in a market that's dictated by supply and demand: If more people want to fly a specific route than there are available seats, then tickets on those flights cost more.

That makes scheduling and predicting demand a huge part of maximizing revenue for airlines. There are, however, numerous factors that go into how airlines decide which flights to put on the schedule.

Related: Major airline faces Chapter 11 bankruptcy concerns

Every airport has only a certain number of gates, flight slots and runway capacity, limiting carriers' flexibility. That's why during times of high demand — like flights to Las Vegas during Super Bowl week — do not usually translate to airlines sending more planes to and from that destination.

Airlines generally do try to add capacity every year. That's become challenging as Boeing has struggled to keep up with demand for new airplanes. If you can't add airplanes, you can't grow your business. That's caused problems for the entire industry. 

Every airline retires planes each year. In general, those get replaced by newer, better models that offer more efficiency and, in most cases, better passenger amenities. 

If an airline can't get the planes it had hoped to add to its fleet in a given year, it can face capacity problems. And it's a problem that both Southwest Airlines (LUV) and United Airlines have addressed in a way that's inevitable but bad for passengers. 

Southwest Airlines has not been able to get the airplanes it had hoped to.

Image source: Kevin Dietsch/Getty Images

Southwest slows down its pilot hiring

In 2023, Southwest made a huge push to hire pilots. The airline lost thousands of pilots to retirement during the covid pandemic and it needed to replace them in order to build back to its 2019 capacity.

The airline successfully did that but will not continue that trend in 2024.

"Southwest plans to hire approximately 350 pilots this year, and no new-hire classes are scheduled after this month," Travel Weekly reported. "Last year, Southwest hired 1,916 pilots, according to pilot recruitment advisory firm Future & Active Pilot Advisors. The airline hired 1,140 pilots in 2022." 

The slowdown in hiring directly relates to the airline expecting to grow capacity only in the low-single-digits percent in 2024.

"Moving into 2024, there is continued uncertainty around the timing of expected Boeing deliveries and the certification of the Max 7 aircraft. Our fleet plans remain nimble and currently differs from our contractual order book with Boeing," Southwest Airlines Chief Financial Officer Tammy Romo said during the airline's fourth-quarter-earnings call

"We are planning for 79 aircraft deliveries this year and expect to retire roughly 45 700 and 4 800, resulting in a net expected increase of 30 aircraft this year."

That's very modest growth, which should not be enough of an increase in capacity to lower prices in any significant way.

United Airlines pauses pilot hiring

Boeing's  (BA)  struggles have had wide impact across the industry. United Airlines has also said it was going to pause hiring new pilots through the end of May.

United  (UAL)  Fight Operations Vice President Marc Champion explained the situation in a memo to the airline's staff.

"As you know, United has hundreds of new planes on order, and while we remain on path to be the fastest-growing airline in the industry, we just won't grow as fast as we thought we would in 2024 due to continued delays at Boeing," he said.

"For example, we had contractual deliveries for 80 Max 10s this year alone, but those aircraft aren't even certified yet, and it's impossible to know when they will arrive." 

That's another blow to consumers hoping that multiple major carriers would grow capacity, putting pressure on fares. Until Boeing can get back on track, it's unlikely that competition between the large airlines will lead to lower fares.  

In fact, it's possible that consumer demand will grow more than airline capacity which could push prices higher.

Related: Veteran fund manager picks favorite stocks for 2024

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