HOME › Top Market Reports › UV Curing System Market by Technology (Mercury Lamp, and UV LED), Type (Spot Cure, Flood Cure, and Focused Beam), Pressure (High, Medium, and Low), Application, End-User Industry, and Geography - Global Forecast to 2023

UV Curing System Market by Technology (Mercury Lamp, and UV LED), Type (Spot Cure, Flood Cure, and Focused Beam), Pressure (High, Medium, and Low), Application, End-User Industry, and Geography - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: April 2018
Report Code: SE 6157

According to the new market research report, the UV curing system market was valued at USD 2.74 Billion in 2017 and is expected to reach USD 5.45 Billion by 2023, at a CAGR of 10.66% between 2018 and 2023. The base year used for this study is 2017, and the forecast period is between 2018 and 2023.

Following are the objectives of this study:

To define, describe, and forecast the overall UV curing system market, in terms of value and volume, segmented on the basis of technology.
To define, describe, and forecast the overall UV curing system market, in terms of value segmented on the basis of type, pressure, end-user industry, and application.
To forecast the market size for various segments with regard to 4 main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the UV curing system market
To provide the value chain analysis pertaining to the UV curing system market
To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the overall UV curing system market for stakeholders by identifying high-growth segments
To profile key players and comprehensively analyze their market position in terms of ranking and core competencies2 and provide details of the competitive landscape for the UV curing system market leaders
To analyze competitive developments such as contracts, mergers, and acquisitions, product developments, and research and development (R&D) in the overall UV curing system market

To estimate the size of the UV curing system market, top-down and bottom-up approaches have been considered in the study. This entire research methodology includes the study of annual and financial reports of top players, presentations, press releases, journals, paid databases, associations such as RadTech Europe Secretariat, UV LED Curing Community, Radtech International, The International Ultraviolet Association (IUVA), UV LED Curing Association, LED-UV Association, and interviews with industry experts. The top-down approach was used to estimate the overall UV curing system market from the addition of estimated market sizes of all the segments via percentage splits from secondary and primary research.

UV Curing System Market

To know about the assumptions considered for the study, download the pdf brochure

The UV curing ecosystem comprises companies such as Dymax (US), Nordson (US), Baldwin Technology (US), Heraeus (Germany), Phoseon (US), Honle (Germany), Panasonic Corporation of North America (US), Delo (Germany), IST METZ (US), and American Ultraviolet (US). This report also covers the following prominent players: Omron (Japan), Excelitas (US), Uvitron (US), Atlantic Zeiser (Germany), Benford UV (Shire county), GEW (EC) (England), Hanovia (UK), Miltec UV (US), Thorlabs (US), and Hoya (Japan).

Target Audience

Raw material suppliers
Original equipment manufacturers (OEMs)
OEM technology providers
Technology, service, and solution providers
Intellectual property (IP) core and licensing providers
Suppliers and distributors
Government and other regulatory bodies
Forums, alliances, and associations
Technology investors
Consumers who want to know more about the UV curing system and the latest technological developments in this industry
Research institutes and organizations
Analysts and strategic business planners
Market research and consulting firms

This study answers several questions for stakeholders, primarily which market segments to focus on in the next 2–5 years for prioritizing efforts and investments.

UV Curing System Market

By Technology

Mercury lamp (microwave lamp and arc lamp)
UV LED

By Type

Spot cure
Flood cure
Focused beam

By Pressure

High
Medium
Low

By Application

Bonding and assembling
Printing
Coating and finishing
Disinfection
Other (potting, temporary masking, and sealing)

By End-user Industry

Medical
Consumer electronics
Industrial and machinery
Automotive and transportation
Semiconductor
Aerospace and defense
Marine
Energy
Construction and architecture
Other (agricultural and filtration (air and water))

By Geography

North America
- US
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
APAC
- China
- Japan
- South Korea
- India
- Rest of APAC
RoW
- South America
- Middle East and Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for this report:

Product Analysis

Product matrix that gives a detailed comparison of the product portfolio of each company

Geographic Analysis

Further breakdown of the Rest of APAC can be provided for UV curing system market into South Korea and Malaysia.
Further breakdown of RoW can be provided for UV curing system market into Brazil and Argentina.

Company Information

Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 List of Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Key Data From Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
                    2.2.1.2 Approach for Capturing the Market Share With the Help of Various Players in the Value Chain of the UV Curing System Market
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Opportunities in the UV Curing System Market (2018–2023)
    4.2 UV Curing System Market for Mercury Lamp, By Pressure
    4.3 UV Curing System Market for Spot Cure, By Application
    4.4 UV Curing System Market for Bonding and Assembling Application, By End-User Industry
    4.5 UV Curing System Market for Consumer Electronics Industry, By Region
    4.6 North America UV Curing System Market, By Country

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Environmental Awareness and Stringent Regulations
                    5.2.1.2 High Speed and Performance Compared to Traditional Curing Systems
           5.2.2 Restraint
                    5.2.2.1 Limited Depth of Curing
           5.2.3 Opportunities
                    5.2.3.1 High Growth Prospect in New Applications
                    5.2.3.2 High Acceptance of Bio-Based Products and Resins
           5.2.4 Challenge
                    5.2.4.1 Risks of Hazard Related to the Presence of Mercury in UV Mercury Lamps
    5.3 Value Chain Analysis

6 UV Curing System Market, By Technology (Page No. - 47)
    6.1 Introduction
    6.2 Mercury Lamp
           6.2.1 Microwave Lamp
           6.2.2 Arc Lamp
    6.3 UV LED

7 UV Curing System Market, By Pressure Type (Page No. - 54)
    7.1 Introduction
    7.2 High Pressure
    7.3 Medium Pressure
    7.4 Low Pressure

8 UV Curing System Market, By Type (Page No. - 62)
    8.1 Introduction
    8.2 Spot Cure
    8.3 Flood Cure
    8.4 Focused Beam

9 UV Curing System Market, By Application (Page No. - 69)
    9.1 Introduction
    9.2 Printing
    9.3 Bonding and Assembling
    9.4 Coating and Finishing
    9.5 Disinfection
    9.6 Others (Potting, Temporary Masking, Sealing)

10 UV Curing System Market, By End-User Industry (Page No. - 79)
     10.1 Introduction
     10.2 Aerospace and Defense
             10.2.1 Weapon Coating
             10.2.2 Aircraft
     10.3 Automotive and Transportation
             10.3.1 Decorating Interior Vehicle Assemblies
             10.3.2 Radio, Music System, and Navigation Consoles
             10.3.3 Wire Harnesses and Cables
             10.3.4 Printing Unique Ids, Logos, and Markings on Glass
             10.3.5 Coatings for Mirrors, Head Lights, Tail Lights, Reflectors, and Lenses
     10.4 Construction and Architectural
             10.4.1 Filling Cracks and Sealing Joints
             10.4.2 Sealants and Adhesives for Highways, Runways, Tunnels, Sidewalks, Parking Decks, Commercial Buildings, and Construction Projects
     10.5 Semiconductor
             10.5.1 Wafer Processing
             10.5.2 Printed Circuit Boards (PCBS)
             10.5.3 Electronics Assembly
     10.6 Energy
             10.6.1 Oil and Gas Pipelines (Internal Coatings and External Coatings)
     10.7 Industrial and Machinery
             10.7.1 Machinery (Farm, Woodworking, Industrial, Office, and Automatic Vending)
             10.7.2 Equipment (Print Label and Packaging)
     10.8 Marine
             10.8.1 Water Line
             10.8.2 Barges
             10.8.3 Canal Boats
             10.8.4 Yachts
     10.9 Medical
             10.9.1 Equipment (Catheter, Needle Bonder, Anesthesia Mask, Reservoir, and Tube Set)
             10.9.2 Medical Electronics Assembly
     10.10 Consumer Electronics
             10.10.1 Coating on Plastic Parts of Electronics (Mobile Phones, TV, Laptop)
             10.10.2 Displays of Electronic Devices
     10.11 Others (Agriculture and Filtration (Air and Water))

11 Geographic Analysis (Page No. - 100)
     11.1 Introduction
     11.2 North America
             11.2.1 US
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 Germany
             11.3.2 France
             11.3.3 UK
             11.3.4 Italy
             11.3.5 Rest of Europe
     11.4 APAC
             11.4.1 China
             11.4.2 Japan
             11.4.3 South Korea
             11.4.4 India
             11.4.5 Rest of APAC
     11.5 Rest of the World
             11.5.1 South America
             11.5.2 Middle East and Africa

12 Competitive Landscape (Page No. - 116)
     12.1 Introduction
     12.2 Ranking Analysis
     12.3 Competitive Scenario
             12.3.1 Product Launches and Product Developments
             12.3.2 Partnerships and Acquisition
             12.3.3 Expansions
             12.3.4 Others (Certification, Exhibit, and Award)

13 Company Profiles (Page No. - 122)
(Business Overview, Products Offered, Recent Developments, Key Relationships SWOT Analysis, and MnM View)*
     13.1 Key Players
             13.1.1 Baldwin Technology
             13.1.2 Nordson
             13.1.3 Panasonic
             13.1.4 Excelitas
             13.1.5 Heraeus
             13.1.6 Dymax
             13.1.7 Phoseon
             13.1.8 Honle
             13.1.9 Delo
             13.1.10 IST Metz
             13.1.11 American Ultraviolet
     13.2 Other Key Players
             13.2.1 Omron
             13.2.2 Uvitron
             13.2.3 Atlantic Zeiser
             13.2.4 Benford UV
             13.2.5 Gew (EC)
             13.2.6 Hanovia
             13.2.7 Miltec UV
             13.2.8 Thorlabs
             13.2.9 Hoya Corporation

*Details on Business Overview, Products Offered, Recent Developments, Key Relationships SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 154)
     14.1 Insights From Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details

List of Tables (75 Tables)

Table 1 Comparison Between UV Coating System and Solvent-Borne (Traditional) Coating System
Table 2 Volume of UV Coatings for A Specific Application in North America
Table 3 Comparison of Microwave Lamp, Arc Lamp, and UV LED Technology
Table 4 UV Curing System Market, By Technology, 2015–2023 (USD Million)
Table 5 UV Curing System Market, By Technology, 2015–2023 (Thousand Units)
Table 6 UV Curing System Market for Mercury Lamps, By Type, 2015–2023 (USD Million)
Table 7 UV Curing System Market for Mercury Lamps, By Type, 2015–2023 (Thousand Units)
Table 8 UV Curing System Market for Mercury Lamps, By Pressure, 2015–2023 (USD Million)
Table 9 UV Curing System Market for Microwave Lamps, By Pressure, 2015–2023 (USD Million)
Table 10 UV Curing System Market for Arc Lamps, By Pressure, 2015–2023 (USD Million)
Table 11 UV LED Curing System Market, By Pressure, 2015–2023 (USD Million)
Table 12 UV Curing System Market, By Pressure, 2015–2023 (USD Million)
Table 13 UV LED Curing System Market, By Pressure, 2015–2023 (USD Million)
Table 14 High-Pressure UV Curing System Market, By Technology, 2015–2023 (USD Million)
Table 15 UV Curing System Market for High-Pressure Mercury Lamp, By Type, 2015–2023 (USD Million)
Table 16 High-Pressure UV Curing System Market, By Type, 2015–2023 (USD Million)
Table 17 Medium-Pressure UV Curing System Market, By Technology, 2015–2023 (USD Million)
Table 18 UV Curing System Market for Medium-Pressure Mercury Lamps, By Type, 2015–2023 (USD Million)
Table 19 Medium-Pressure UV Curing System Market, By Type, 2015–2023 (USD Million)
Table 20 Low-Pressure UV Curing System Market, By Technology, 2015–2023 (USD Million)
Table 21 UV Curing System Market for Low-Pressure Mercury Lamps, By Type, 2015–2023 (USD Million)
Table 22 Low-Pressure UV Curing System Market, By Type, 2015–2023 (USD Million)
Table 23 UV Curing System Market, By Pressure Type, 2015–2023 (USD Million)
Table 24 UV Curing System Market for Spot Cure, By Pressure, 2015–2023 (USD Million)
Table 25 UV Curing System Market for Spot Cure, By Application, 2015–2023 (USD Million)
Table 26 UV Curing System Market for Flood Cure, By Pressure, 2015–2023 (USD Million)
Table 27 UV Curing System Market for Flood Cure, By Application, 2015–2023 (USD Million)
Table 28 UV Curing System Market for Focused Beam, By Pressure, 2015–2023 (USD Million)
Table 29 UV Curing System Market for Focused Beam, By Application, 2015–2023 (USD Million)
Table 30 UV Curing System Market, By Application, 2015–2023 (USD Million)
Table 31 UV Curing System Market for Printing Application, By Type, 2015–2023 (USD Million)
Table 32 UV Curing System Market for Printing Application, By End-User Industry, 2015–2023 (USD Million)
Table 33 UV Curing System Market for Bonding and Assembling Application, By Type, 2015–2023 (USD Million)
Table 34 UV Curing System Market for Bonding and Assembling Application, By End-User Industry, 2015–2023 (USD Million)
Table 35 UV Curing System Market for Coating and Finishing Application, By Type, 2015–2023 (USD Million)
Table 36 UV Curing System Market for Coating and Finishing Application, By End-User Industry, 2015–2023 (USD Million)
Table 37 UV Curing System Market for Disinfection, By Type, 2015–2023 (USD Million)
Table 38 Disinfection UV Curing System Market for Disinfection, By End-User Industry, 2015–2023 (USD Million)
Table 39 UV Curing System Market for Other Applications, By Type, 2015–2023 (USD Million)
Table 40 UV Curing System Market for Other Application, By End-User Industry, 2015–2023 (USD Million)
Table 41 UV Curing System Market, By End-User Industry, 2015–2023 (USD Millions)
Table 42 UV Curing System Market for the Aerospace and Defense Industry, By Application, 2015–2023 (USD Million)
Table 43 UV Curing System Market for the Aerospace and Defense Industry, By Region, 2015–2023 (USD Million)
Table 44 UV Curing System Market for Automotive and Transportation Industry, By Application, 2015–2023 (USD Million)
Table 45 UV Curing System Market for Automotive and Transportation Industry, By Region, 2015–2023 (USD Million)
Table 46 UV Curing System Market for Construction and Architectural Industry, By Application, 2015–2023 (USD Million)
Table 47 UV Curing System Market for Construction and Architectural Industry, By Region, 2015–2023 (USD Million)
Table 48 UV Curing System Market for Semiconductor Industry, By Application, 2015–2023 (USD Million)
Table 49 UV Curing System Market for Semiconductor Industry, By Region, 2015–2023 (USD Million)
Table 50 UV Curing System Market for Energy Industry, By Application, 2015–2023 (USD Million)
Table 51 UV Curing System Market for Energy Industry, By Region, 2015–2023 (USD Million)
Table 52 UV Curing System Market for Industrial and Machinery Industry, By Application, 2015–2023 (USD Million)
Table 53 UV Curing System Market for Industrial and Machinery Industry, By Region, 2015–2023 (USD Million)
Table 54 UV Curing System Market for Marine Industry, By Application, 2015–2023 (USD Million)
Table 55 UV Curing System Market for Marine Industry, By Region, 2015–2023 (USD Million)
Table 56 UV Curing System Market for Medical Industry, By Application, 2015–2023 (USD Million)
Table 57 UV Curing System Market for Medical Industry, By Region, 2015–2023 (USD Million)
Table 58 UV Curing System Market for Consumer Electronics Industry, By Application, 2015–2023 (USD Million)
Table 59 UV Curing System Market for Consumer Electronics Industry, By Region, 2015–2023 (USD Million)
Table 60 UV Curing System Market for Other End-User Industries, By Application, 2015–2023 (USD Million)
Table 61 UV Curing System Market for Other End-User Industries, By Region, 2015–2023 (USD Million)
Table 62 UV Curing System Market, By Region, 2015–2023 (USD Million)
Table 63 UV Curing System Market in North America, By Country, 2015–2023 (USD Million)
Table 64 UV Curing System Market in North America, By End-User Industry, 2015–2023 (USD Million)
Table 65 UV Curing System Market in Europe, By Country, 2015–2023 (USD Million)
Table 66 UV Curing System Market in Europe, By End-User Industry, 2015–2023 (USD Million)
Table 67 UV Curing System Market in APAC, By Country, 2015–2023 (USD Million)
Table 68 UV Curing System Market in APAC, By End-User Industry, 2015–2023 (USD Million)
Table 69 UV Curing System Market in RoW, By Geography, 2015–2023 (USD Million)
Table 70 UV Curing System Market in RoW, By End-User Industry, 2015–2023 (USD Million)
Table 71 Ranking of Top 5 Players in the UV Curing System Market (2017)
Table 72 Product Launches and Product Developments (2015–2017)
Table 73 Partnerships and Acquisitions (2015–2017)
Table 74 Expansions (2017)
Table 75 Others (2014–2017)

List of Figures (44 Figures)

Figure 1 UV Curing System Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 UV Curing System Market for UV LED to Grow at the Highest CAGR Between 2018 and 2023
Figure 6 High Pressure Lamp Type to Hold the Largest Size of the UV Curing System Market By 2023
Figure 7 UV Curing System Market for Spot Cure to Hold the Largest Size By 2023
Figure 8 Bonding and Assembling to Hold the Largest Size of the UV Curing System Market Between 2018 and 2023
Figure 9 Medical Industry to Hold the Largest Size of the UV Curing System Market Between 2018 and 2023 (USD Million)
Figure 10 North America Held the Largest Share of the UV Curing System Market in 2017
Figure 11 High Speed and Performance of UV Curing Systems is Driving the UV Curing System Market
Figure 12 High Pressure to Hold A Larger Size of the UV Curing System Market for Mercury Lamp By 2023
Figure 13 UV Curing System Market for Spot Cure Regarding Printing Application Expected to Grow at the Highest CAGR Between 2018 and 2023
Figure 14 UV Curing System Market for the Medical Industry Regarding Bonding and Assembling Application Expected to Hold the Largest Size
Figure 15 APAC to Hold Largest Size of UV Curing System Market in Consumer Electronics By 2023
Figure 16 The US to Hold Largest Size of North American UV Curing System Market Between 2017 and 2023
Figure 17 Environmental Awareness, High Speed, and Performance are Driving the UV Curing System Market
Figure 18 Value Chain: UV Curing System Market, 2017
Figure 19 Flow Chart Comparison of UV Cure and Thermal Cure
Figure 20 Architecture of Microwave Powered UV Curing System
Figure 21 Architecture of Arc Lamp
Figure 22 UV Curing System Market for High-Pressure Lamps is Expected to Hold the Largest Size of During the Forecast Period
Figure 23 UV Curing System for High Pressure Arc Lamp is Expected to Hold A Higher Market Share in During the Forecast Period
Figure 24 UV Curing Market for Low-Pressure Mercury Lamp is Expected to Grow at A Larger Size During the Forecast Period
Figure 25 Types of UV Curing System
Figure 26 Spot Cure UV Curing Market for Printing Application to Grow at the Highest CAGR During the Forecast Period
Figure 27 UV Curing System Market for Focused Beam Used for Bonding and Assembling Application to Hold the Highest Market Share During the Forecast Period
Figure 28 UV Curing System Market for Printing Application to Grow at the Highest CAGR During the Forecast Period
Figure 29 Bonding and Assembling Application for Flood Cure to Grow at the Highest CAGR During the Forecast Period
Figure 30 Disinfection Application for Flood Cure to Grow at the Highest CAGR for Between 2018 and 2023
Figure 31 UV Curing System Market for the Construction and Architecture Industry Expected to Grow at the Highest CAGR During the Forecast Period
Figure 32 UV Curing System Market for Bonding and Assembling Application in the Semiconductor Industry to Grow at the Highest CAGR During the Forecast Period
Figure 33 UV Curing System Market for Industrial and Machinery in APAC to Grow at the Highest CAGR During the Forecast Period
Figure 34 RoW to Grow at the Highest CAGR in Medical UV Curing System Market During the Forecast Period
Figure 35 UV Curing System Market for Other Industries in RoW to Grow at the Highest CAGR During the Forecast Period
Figure 36 Geographic Snapshot of the UV Curing System Market, 2018–2023 (USD Million)
Figure 37 North America: UV Curing System Market Snapshot
Figure 38 Europe: UV Curing System Market Snapshot
Figure 39 APAC: UV Curing System Market Snapshot
Figure 40 UV Curing System Market in South America to Grow at the Highest CAGR in RoW
Figure 41 Product Development is the Key Strategy Adopted By Players in the UV Curing System Market (2014–2017)
Figure 42 Nordson: Company Snapshot
Figure 43 Panasonic: Company Snapshot
Figure 44 Honle: Company Snapshot

The UV curing system market was valued at USD 3.28 Billion in 2018 and is expected to reach USD 5.45 Billion by 2023, at a CAGR of 10.66% between 2018 and 2023. Major drivers for the growth of the UV curing system market are environmental awareness and stringent regulation; and low curing time and better performance compared to traditional curing systems.

Of all the major applications of UV curing systems, bonding and assembling holds the largest share of the UV curing system market. The demand for UV curing systems for bonding and assembling is increasing because of its fast, flexible, and environment-friendly curing method. The growing demand for semiconductor devices and the increasing sales of mobile and consumer electronic devices are expected to fuel the demand for UV curing systems for bonding and assembling application.

High pressure for UV curing systems held the largest market share owing to its high intensity wavelength used to cure deep layer in major revenue generating industries such as automotive, industrial, and consumer electronics in UV curing system market. Furthermore, high-pressure lamps offer benefits, such as longer lamp life, less power input, and greater efficiency, compared to low- and medium-pressure lamps. Moreover, the increasing demand for low-power high-output (LPHO) lamps will further drive the UV curing system market.

Among UV curing systems, type spot cure held the largest share in the UV curing system market. UV spot curing systems are used in assembly and manufacturing processes for a range of industrial applications and processes to polymerize adhesives. Spot curing systems use low-intensity light instead of heat for curing, which is well suited for electronic components and plastic parts, fueling the market for UV spot cure system. Currently, UV curing systems hold the maximum share in medical and electronics industries, thus fueling the market for UV spot cure systems.

UV Curing System Market

The UV curing system market in RoW is expected to grow rapidly between 2018 and 2023. Increasing awareness about benefits of the UV curing technology is fueling the growth of the UV curing market in the region.

The key restraining factor for this market is the limited depth of curing. Risks related to mercury present in UV mercury lamps are a major challenge for the market.

Companies profiled in the report are Dymax (US), Nordson (US), Baldwin Technology (US), Heraeus (Germany), Phoseon (US), Honle (Germany), Panasonic Corporation of North America (US), Delo (Germany), IST METZ (US), and American Ultraviolet (US). This report also covers the following prominent players: Omron (Japan), Excelitas (US), Uvitron (US), Atlantic Zeiser (Germany), Benford UV (Shire county), GEW (EC) (England), Hanovia (UK), Miltec UV (US), Thorlabs (US), and Hoya (Japan)

Baldwin Technology (US) held the leading position in the overall UV curing system market in 2017. Baldwin Technology is a key manufacturer and supplier of process-automation equipment and associated consumables for applications such as printing, packaging, and industrial, which includes technical textiles, chip and fiberboards, and film extrusion. The company is pushing its efforts to be in line with the latest market trend by launching new innovative products. The company is focusing mainly on expanding its product portfolio, owing to which it has launched a series of products in the UV curing system market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services