Market Overview:
The global UV curing system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for UV curing systems from the electronics, automotive, printing industry, and building industry sectors. In addition, the growing demand for portable and desktop UV curing systems is also contributing to the growth of this market. However, factors such as high initial cost and limited availability of skilled professionals are restraining the growth of this market. On basis on type, global UV curing system market can be segmented into portable UV curing systems, desktop UV curing systems and large fixed-type UV curing systems. The desktop segment is expected to account for a major share in terms of revenue in 2018 owing to its low cost as compared with other types ofUV cureingsystemsand its wide applicability across various end-use industries. On basis on application, globalUVcuring systemmarket can be divided into electronics sector; automotive sector; printing industry sector; building industry sector; and others (including medical devices).
Product Definition:
Ultraviolet curing is a photochemical process in which ultraviolet light is used to instantly cure or dry ink, coatings, and adhesives. UV curing systems use banks of UV lamps to produce short-wave ultraviolet light. This type of ultraviolet radiation polymerizes many types of ink and coating materials almost instantly.
Portable:
The portable UV curing system is a self-contained, electrically powered device that enables the user to cure both rigid and flexible substrates. The major benefit of this equipment is its portability; it can be taken anywhere unlike other systems which are fixed in one place. Also, it requires less time & space for operation as compared to other conventional systems such as ovens or furnaces.
Desktop:
The desktop is the equipment which is used to transfer the UV curing system from where it can be operated. It has a number of components like lamp, light guide, reflector and others. The most important function of this device includes providing a stable platform for curing process.
In earlier days there was no such technology available but with development in time many new technologies came into existence due to which demand for desktop emerged as one of the essential parts in UV curing system market.
Application Insights:
The other application segment includes paints & coatings, plastics, and paper. The growing demand for the product in this application is anticipated to drive market growth over the forecast period. The increasing use of UV curable systems in various end-use industries including construction and building is expected to have a positive impact on industry growth over the next eight years.
The automotive sector accounted for more than 20% of global revenue share in 2017 owing to rising demand from major players such as Toyota Motor Corporation, Honda Motor Co., Ltd., Nissan Motors Ltd., Mitsubishi Motors Corporation, BMW AG and Mercedes-Benz among others are expected to increase their usage of UV curing systems during future product development stages resulting into high demand across all regions by 2030.
Regional Analysis:
North America was the largest market for the global UV curing system in 2016. The growth is attributed to growing demand from various application industries, such as electronics, automotive and others. North America has a well-established infrastructure coupled with high technology adoption rate in this region which has led to an increase in demand for production of printed circuit boards (PCBs).
Asia Pacific is expected to be one of the fastest growing regions due to increasing industrialization and rapid urbanization resulting into huge construction spending by governments across countries such as China, India and Japan. This will lead towards an increased requirement for printing industry equipment thereby driving growth over the forecast period.
Growth Factors:
- Increasing demand for UV curing systems in the packaging and printing industries
- Growing popularity of LED-based UV curing systems
- Rising demand for energy-efficient and environmentally friendly UV curing systems
- Proliferation of digital printing technologies
- Increasing use of UV curing systems in medical applications
Scope Of The Report
Report Attributes
Report Details
Report Title
UV Curing System Market Research Report
By Type
Portable, Desktop, Large Fixed
By Application
Electronics, Automotive, Printing Industry, Building Industry, Others
By Companies
IST METZ, Heraeus, GEW, Excelitas, Hönle Group, Phoseon, Nordson Corporation, Miltec, AMS, Panasonic, Kyocera, Dongguan Qingda, Kunshan Dehuitai, Shenzhen Sankun, Shenzhen LAMPLIC, Senlian, Shenzhen Naimeite
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global UV Curing System Market Report Segments:
The global UV Curing System market is segmented on the basis of:
Types
Portable, Desktop, Large Fixed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics, Automotive, Printing Industry, Building Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IST METZ
- Heraeus
- GEW
- Excelitas
- Hönle Group
- Phoseon
- Nordson Corporation
- Miltec
- AMS
- Panasonic
- Kyocera
- Dongguan Qingda
- Kunshan Dehuitai
- Shenzhen Sankun
- Shenzhen LAMPLIC
- Senlian
- Shenzhen Naimeite
Highlights of The UV Curing System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable
- Desktop
- Large Fixed
- By Application:
- Electronics
- Automotive
- Printing Industry
- Building Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the UV Curing System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
UV curing system is a technology that uses ultraviolet (UV) light to cure resins, plastics and other materials. UV curing systems are used in a variety of applications, including the production of medical devices, sporting goods and furniture.
Some of the major players in the uv curing system market are IST METZ, Heraeus, GEW, Excelitas, H¶nle Group, Phoseon, Nordson Corporation, Miltec, AMS, Panasonic, Kyocera, Dongguan Qingda, Kunshan Dehuitai, Shenzhen Sankun, Shenzhen LAMPLIC, Senlian, Shenzhen Naimeite.
The uv curing system market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV Curing System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 UV Curing System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 UV Curing System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the UV Curing System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global UV Curing System Market Size & Forecast, 2020-2028 4.5.1 UV Curing System Market Size and Y-o-Y Growth 4.5.2 UV Curing System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Portable
5.2.2 Desktop
5.2.3 Large Fixed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Automotive
6.2.3 Printing Industry
6.2.4 Building Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV Curing System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 UV Curing System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Portable
9.6.2 Desktop
9.6.3 Large Fixed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Automotive
9.10.3 Printing Industry
9.10.4 Building Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Portable
10.6.2 Desktop
10.6.3 Large Fixed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Automotive
10.10.3 Printing Industry
10.10.4 Building Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Portable
11.6.2 Desktop
11.6.3 Large Fixed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Automotive
11.10.3 Printing Industry
11.10.4 Building Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Portable
12.6.2 Desktop
12.6.3 Large Fixed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Automotive
12.10.3 Printing Industry
12.10.4 Building Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Portable
13.6.2 Desktop
13.6.3 Large Fixed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Automotive
13.10.3 Printing Industry
13.10.4 Building Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 UV Curing System Market: Competitive Dashboard
14.2 Global UV Curing System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IST METZ
14.3.2 Heraeus
14.3.3 GEW
14.3.4 Excelitas
14.3.5 Hönle Group
14.3.6 Phoseon
14.3.7 Nordson Corporation
14.3.8 Miltec
14.3.9 AMS
14.3.10 Panasonic
14.3.11 Kyocera
14.3.12 Dongguan Qingda
14.3.13 Kunshan Dehuitai
14.3.14 Shenzhen Sankun
14.3.15 Shenzhen LAMPLIC
14.3.16 Senlian
14.3.17 Shenzhen Naimeite