Market Overview:
The global UV-light curing systems 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-light curing systems from end-use industries such as automotive, medical, and electronics. In addition, the growing demand for energy-efficient and environment-friendly technologies is also contributing to the growth of this market. Based on type, the global UV-light curing systems market can be segmented into UVA light and UVV light. The UVA light segment is expected to account for a larger share of the global market than the UVV light segment during the forecast period. This can be attributed to its advantages such as low power consumption and high efficiency over other types of ultraviolet lights. Based on application,the globalUV -light curing systemsmarketcan be divided into three segments: light curing adhesives, coatings, and others (including printing inks).
Product Definition:
UV-light curing systems are devices that use ultraviolet light to cure adhesives, coatings, and other materials. UV-light curing systems are important because they can cure materials very quickly and without heat. This makes them ideal for applications where high speed or low temperature is important.
UVA Light:
UVA light is a type of UV radiation that has different wavelengths than UVB. UVA has a wavelength of 320-280nm while UVB has a wavelength of 200-280nm. The main difference between the two is that UVA can go through the glass window and hit your skin while UVB cannot (unless it's been specially engineered to do so).
UVV Light:
UVV light and its usage in UV-Light curing systems market is a new technology that has been gaining popularity in the woodworking industry. The major factor responsible for this shift is the ease of use offered coupled with high efficiency levels as compared to other technologies.
The traditional method of laminating furniture used paints & coatings which required oven drying, resulted in low VOC emission during the curing process but increased emissions after completion of the process.
Application Insights:
The light curing adhesives segment dominated the global market in terms of revenue share in 2017. This is attributed to increasing product demand for bonding wood, glass, metals and plastic laminates on furniture and building applications. The growth of the construction industry across various regions is expected to boost product demand over the forecast period.
Light curing coatings are used for a wide range of industrial applications such as metal coating (for aluminum & steel), powder coating (for paints & plastics) and ceramic coating (for tiles). Increasing industrialization across various developing countries is expected to drive consumption of these coatings which will further increase UV-light cure system usage in this application segment over the forecast period. Increasing use of decorative laminates with high gloss finish on account of their durability coupled with low maintenance cost will augment industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for wood adhesives in this region. The growing construction and automotive industries are also driving the product demand in Asia Pacific, which is likely to have a positive impact on industry growth over the forecast period.
The UV light curing systems market in Europe was dominated by Germany, which accounted for more than 25% of total revenue share in 2017 due to technological advancements and high adoption rate of these systems across various applications such as furniture, flooring, packaging & labeling materials among others. Moreover, rising awareness regarding health & safety coupled with stringent regulations imposed by governing bodies such as Health and Consumer Protection Directorate (DG Sanco) are anticipated to drive product adoption across Europe during the forecast period.
Growth Factors:
- Increasing demand for UV-light curing systems in the packaging and printing industries due to its high performance and efficiency.
- Growing popularity of UV-light curing systems in medical and dental applications due to its non-toxic properties and fast curing time.
- Rising demand for UV-light curing systems from the automotive industry as it offers superior quality finishes with short cycle times.
- Increasing use of UV-light curing systems in construction applications as it helps reduce environmental pollution caused by VOCs (Volatile Organic Compounds). 5) Development of new technologies that offer better performance, higher efficiency, and lower cost is expected to drive the growth of the global UV-Light Curing Systems market over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
UV-Light Curing Systems Market Research Report
By Type
UVA Light, UVV Light
By Application
Light Curing Adhesives, Light Curing Coatings, Others
By Companies
Panasonic, Eltosch Grafix, Nordson, OMRON, Blaze Technology, Technovision
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global UV-Light Curing Systems Market Report Segments:
The global UV-Light Curing Systems market is segmented on the basis of:
Types
UVA Light, UVV Light
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
Light Curing Adhesives, Light Curing Coatings, 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
- Eltosch Grafix
- Nordson
- OMRON
- Blaze Technology
- Technovision
Highlights of The UV-Light Curing Systems 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:
- UVA Light
- UVV Light
- By Application:
- Light Curing Adhesives
- Light Curing Coatings
- 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-Light Curing Systems 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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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-Light curing systems are a type of industrial oven that use ultraviolet (UV) light to cure materials. UV-Curing systems can be used to cure a wide variety of materials, including plastics, composites, and rubber.
Some of the major players in the uv-light curing systems market are Panasonic, Eltosch Grafix, Nordson, OMRON, Blaze Technology, Technovision.
The uv-light curing systems market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV-Light Curing Systems 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-Light Curing Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UV-Light Curing Systems 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-Light Curing Systems 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-Light Curing Systems Market Size & Forecast, 2020-2028
4.5.1 UV-Light Curing Systems Market Size and Y-o-Y Growth
4.5.2 UV-Light Curing Systems 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 UVA Light
5.2.2 UVV Light
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 Light Curing Adhesives
6.2.2 Light Curing Coatings
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV-Light Curing Systems 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-Light Curing Systems 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 UVA Light
9.6.2 UVV Light
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 Light Curing Adhesives
9.10.2 Light Curing Coatings
9.10.3 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 UVA Light
10.6.2 UVV Light
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 Light Curing Adhesives
10.10.2 Light Curing Coatings
10.10.3 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 UVA Light
11.6.2 UVV Light
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 Light Curing Adhesives
11.10.2 Light Curing Coatings
11.10.3 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 UVA Light
12.6.2 UVV Light
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 Light Curing Adhesives
12.10.2 Light Curing Coatings
12.10.3 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 UVA Light
13.6.2 UVV Light
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 Light Curing Adhesives
13.10.2 Light Curing Coatings
13.10.3 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-Light Curing Systems Market: Competitive Dashboard
14.2 Global UV-Light Curing Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Eltosch Grafix
14.3.3 Nordson
14.3.4 OMRON
14.3.5 Blaze Technology
14.3.6 Technovision
