Market Overview:
The global UV LED curing system market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for UV LED curing systems from various end-use industries, such as medical, electronic, food packaging, printing industry and others. In addition, the growing awareness about the benefits of using UV LED curing systems is also contributing to the growth of this market. Based on type, the global UV LED curing system market can be segmented into portable and desktop types. The desktop type segment is expected to hold a larger share of this market than the portable type segment during the forecast period. This can be attributed to its high efficiency and performance as compared to portable types. Based on application, medical applications are expected to account for a major share of this market duringthe forecast period owingtoits growing demand from hospitalsand clinics acrossthe world .
Product Definition:
UV LED curing system is a device that emits ultraviolet light to cure or harden liquid resin. It is used in various industrial applications such as printing, coating, and bonding.
Portable:
The portable UV LED curing system is a tool that helps to cure resin, leather, and paint materials in different formats. It offers high-intensity light source with an output of up to 240V for the purpose of curing. The growing demand for flexible electronics coupled with rising demand from automotive sector is expected to drive market growth over the forecast period.
Desktop:
The desktop is the equipment that is used to regulate and monitor the curing process of UV LED. It has a wide range of applications in manufacturing industries such as wood, plastic, leather and rubber, printing inks among others. The demand for desktop is increasing rapidly owing to its features such as ease of use coupled with flexibility and accuracy during curing process.
Application Insights:
The electronic application segment led the global market in 2017. The growing demand for smartphones, tablets and laptops is expected to boost the UV LED curing system in this sector. Electronic products are usually exposed to extreme environmental conditions, which may damage their appearance or functionalities over a period of time. This leads to increased demand for repairing or replacing these devices, which will further propel growth over the forecast period.
The food packaging segment is projected to register a CAGR of XX% from 2018 to 2030 owing to increasing product launches by major players such as JBT Corporation and Ascentium Corporation. UV LEDs can be used not only for curing but also for patterning on flexible packaging materials such as corrugated boxes and paperboard cartons that are used in food industry applications.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of a large number of UV LED manufacturers and suppliers, along with high disposable income and technological advancements. Europe is expected to be the second-largest regional market over the forecast period owing to growing demand for advanced electronic products coupled with rising healthcare spending by governments. Asia Pacific is projected to witness significant growth over the coming years due to increasing awareness about curing systems among end-users such as medical practitioners, architects, engineers and designers.
The food packaging industry presents huge opportunities for UV LED technology across APAC region due to rapidly changing consumer preferences towards packaged foods that require short curing times at low temperatures using minimal resources at minimal cost while maintaining required quality levels.
Growth Factors:
- Increasing demand for UV LED curing systems in the packaging and printing industries due to its high performance and low environmental impact.
- Growing popularity of UV LED curing systems in medical and dental applications due to their ability to cure adhesives, coatings, and sealants quickly without generating heat or fumes.
- Rising demand for UV LED curing systems from the automotive industry as they are used for coating, bonding, and sealing purposes in cars.
- Increasing use of UV LED curing systems in electronics manufacturing as they offer high-speed processing with little thermal stress on components being cured.
Scope Of The Report
Report Attributes
Report Details
Report Title
UV LED Curing System Market Research Report
By Type
Portable, Desktop
By Application
Medical, Electronic, Food Packaging, Printing Industry, Others
By Companies
Panasonic, Omron, Ushio, Inc, Heraeus, Engage Technologies Corporation, Nordson Corporation, American Ultraviolet, Inc., ProPhotonix, Honle Group, Phoseon Technology, Panasonic, Awellcure, UVFAB Systems, Inc., Excelitas Technologies Corp., DPL Industri A / S, Dymax Corporation
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global UV LED Curing System Market Report Segments:
The global UV LED Curing System market is segmented on the basis of:
Types
Portable, Desktop
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
Medical, Electronic, Food Packaging, Printing 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:
- Panasonic
- Omron
- Ushio, Inc
- Heraeus
- Engage Technologies Corporation
- Nordson Corporation
- American Ultraviolet, Inc.
- ProPhotonix
- Honle Group
- Phoseon Technology
- Panasonic
- Awellcure
- UVFAB Systems, Inc.
- Excelitas Technologies Corp.
- DPL Industri A / S
- Dymax Corporation
Highlights of The UV LED 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
- By Application:
- Medical
- Electronic
- Food Packaging
- Printing 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 LED 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 LED curing system is a type of curing system that uses ultraviolet (UV) light to cure resin materials. UV LEDs emit short-wavelength UV light, which is effective at curing resin materials.
Some of the major players in the uv led curing system market are Panasonic, Omron, Ushio, Inc, Heraeus, Engage Technologies Corporation, Nordson Corporation, American Ultraviolet, Inc., ProPhotonix, Honle Group, Phoseon Technology, Panasonic, Awellcure, UVFAB Systems, Inc., Excelitas Technologies Corp., DPL Industri A / S, Dymax Corporation.
The uv led curing system market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV LED 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 LED Curing System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UV LED 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 LED 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 LED Curing System Market Size & Forecast, 2018-2028
4.5.1 UV LED Curing System Market Size and Y-o-Y Growth
4.5.2 UV LED Curing System Market Absolute $ Opportunity
Chapter 5 Global UV LED Curing System 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 UV LED Curing System Market Size Forecast by Type
5.2.1 Portable
5.2.2 Desktop
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global UV LED Curing System 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 UV LED Curing System Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Electronic
6.2.3 Food Packaging
6.2.4 Printing Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV LED 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 LED 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 UV LED Curing System Analysis and Forecast
9.1 Introduction
9.2 North America UV LED Curing System 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 UV LED Curing System Market Size Forecast by Type
9.6.1 Portable
9.6.2 Desktop
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 UV LED Curing System Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Electronic
9.10.3 Food Packaging
9.10.4 Printing 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 UV LED Curing System Analysis and Forecast
10.1 Introduction
10.2 Europe UV LED Curing System 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 UV LED Curing System Market Size Forecast by Type
10.6.1 Portable
10.6.2 Desktop
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 UV LED Curing System Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Electronic
10.10.3 Food Packaging
10.10.4 Printing 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 UV LED Curing System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific UV LED Curing System 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 UV LED Curing System Market Size Forecast by Type
11.6.1 Portable
11.6.2 Desktop
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 UV LED Curing System Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Electronic
11.10.3 Food Packaging
11.10.4 Printing 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 UV LED Curing System Analysis and Forecast
12.1 Introduction
12.2 Latin America UV LED Curing System 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 UV LED Curing System Market Size Forecast by Type
12.6.1 Portable
12.6.2 Desktop
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 UV LED Curing System Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Electronic
12.10.3 Food Packaging
12.10.4 Printing 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) UV LED Curing System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) UV LED Curing System 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) UV LED Curing System Market Size Forecast by Type
13.6.1 Portable
13.6.2 Desktop
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) UV LED Curing System Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Electronic
13.10.3 Food Packaging
13.10.4 Printing 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 LED Curing System Market: Competitive Dashboard
14.2 Global UV LED Curing System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Omron
14.3.3 Ushio, Inc
14.3.4 Heraeus
14.3.5 Engage Technologies Corporation
14.3.6 Nordson Corporation
14.3.7 American Ultraviolet, Inc.
14.3.8 ProPhotonix
14.3.9 Honle Group
14.3.10 Phoseon Technology
14.3.11 Panasonic
14.3.12 Awellcure
14.3.13 UVFAB Systems, Inc.
14.3.14 Excelitas Technologies Corp.
14.3.15 DPL Industri A / S
14.3.16 Dymax Corporation
