Major players in the UV curing system market are Dynmax Corporation, Excelitas Technologies Corp., Heraeus Noblelight America, Phoseon Technology, IST Metz GmbH, Miltec UV, GEW (EC) Limited, Baldwin Technology, DELO, American Ultraviolet, Hanovia, Omron Corporation, Benford UV, Thorlabs, Jenton International Ltd., Nordson Corporation, Nippon Gohsei, and BASF SE.
The global UV curing system market grew from $2.78 billion in 2022 to $3.17 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The UV curing system market is expected to grow to $5.33 billion in 2027 at a CAGR of 13.9%.
The UV curing system market consists of sales of hand-held curing and conveyor curing. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The UV curing system refer to the ultra-violet curing system which is a photochemical process that uses high-intensity ultraviolet light to instantly cure or dry inks, coatings, and adhesives. UV curing reduces reject rates, increases production speed, facilitates superior bonding, and improves scratch and solvent resistance.
North America was the largest region in the UV curing system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the UV curing system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of UV curing systems are spot cure and flood cure. UV spot cure systems are equipped with rod lenses, single or multi-pole lightguides in various diameters and lengths for a variety of curing options, and these systems utilize high-intensity LEDs instead of conventional metal-halide or mercury-arc lamps. The various technologies used in UV curing systems are mercury lamp, microwave lamp, arc lamp, and UV led and different pressures used are high pressure, medium pressure, and low pressure. UV curing systems are used in printing, bonding and assembling, coating and finishing, disinfection, and others. The various end-users of UV curing systems are aerospace and defense, automotive and transportation, construction and architectural, semiconductor and electronics, medical and others.
Growing environmental awareness is expected to propel the growth of the UV curing system market. The increase in awareness increases the use of UV curing systems. For instance, according to India Today, there is a growing awareness about taking actions to conserve the environment. In a survey conducted by Brainly on climate change and environmental conservation, it was found that more than half (55%) of students planned to plant more trees in the neighborhood to commemorate World Environment Day, 86% of the people replied that their school encourages them to plant more trees and reduce the use of plastic, 73% of students use online platforms to enrich their understanding of the environment and related issues. Most of the students are participating in eco-friendly activities and 58% of them are planting trees. Therefore, there is a growing awareness of environmental awareness and this drives the UV curing system market.
Technological advancements are a key trend gaining popularity in the UV curing system market. The companies operating in the UV curing system market are developing innovative products to enhance their usage and maximize the profits. For instance, in November 2021, Integration Technology, a company that develops UV LED and UV Lamp technology launched DVZ high-dose UV LED curing system. This DVZ LED head is developed by using XT 8 booster technology and is advanced with the VARIcool auto-adjusting cooling system for maximum UV performance.
In June 2020, Baldwin Technology Company Inc., a US-based leading manufacturer of LED-UV curing systems acquired Western Quartz, a leading manufacturer of quality medium-pressure ultraviolet (UV) lamps for printing, industrial and sanitation applications, for an undisclosed amount. The acquisition will contribute towards the expanding reach and technology connection for the benefit of customers for both companies. Western Quartz will help enhance Baldwin's capabilities in additive (doped) UV lamp production for industrial markets, providing an excellent complement to the existing UV and LED-UV technology portfolio within the AMS Spectral UV business and PRIMARC products. Western Quartz, post-acquisition, moved to Baldwin Technology's Easton, PA facility, and was founded in 1931.
The countries covered in the UV curing system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The UV curing system market research report is one of a series of new reports from the publisher that provides UV curing system market statistics, including UV curing system industry global market size, regional shares, competitors with a UV curing system market share, detailed UV curing system market segments, market trends and opportunities, and any further data you may need to thrive in the UV curing system industry. This UV curing system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
This product will be delivered within 1-3 business days.
The global UV curing system market grew from $2.78 billion in 2022 to $3.17 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The UV curing system market is expected to grow to $5.33 billion in 2027 at a CAGR of 13.9%.
The UV curing system market consists of sales of hand-held curing and conveyor curing. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The UV curing system refer to the ultra-violet curing system which is a photochemical process that uses high-intensity ultraviolet light to instantly cure or dry inks, coatings, and adhesives. UV curing reduces reject rates, increases production speed, facilitates superior bonding, and improves scratch and solvent resistance.
North America was the largest region in the UV curing system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the UV curing system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of UV curing systems are spot cure and flood cure. UV spot cure systems are equipped with rod lenses, single or multi-pole lightguides in various diameters and lengths for a variety of curing options, and these systems utilize high-intensity LEDs instead of conventional metal-halide or mercury-arc lamps. The various technologies used in UV curing systems are mercury lamp, microwave lamp, arc lamp, and UV led and different pressures used are high pressure, medium pressure, and low pressure. UV curing systems are used in printing, bonding and assembling, coating and finishing, disinfection, and others. The various end-users of UV curing systems are aerospace and defense, automotive and transportation, construction and architectural, semiconductor and electronics, medical and others.
Growing environmental awareness is expected to propel the growth of the UV curing system market. The increase in awareness increases the use of UV curing systems. For instance, according to India Today, there is a growing awareness about taking actions to conserve the environment. In a survey conducted by Brainly on climate change and environmental conservation, it was found that more than half (55%) of students planned to plant more trees in the neighborhood to commemorate World Environment Day, 86% of the people replied that their school encourages them to plant more trees and reduce the use of plastic, 73% of students use online platforms to enrich their understanding of the environment and related issues. Most of the students are participating in eco-friendly activities and 58% of them are planting trees. Therefore, there is a growing awareness of environmental awareness and this drives the UV curing system market.
Technological advancements are a key trend gaining popularity in the UV curing system market. The companies operating in the UV curing system market are developing innovative products to enhance their usage and maximize the profits. For instance, in November 2021, Integration Technology, a company that develops UV LED and UV Lamp technology launched DVZ high-dose UV LED curing system. This DVZ LED head is developed by using XT 8 booster technology and is advanced with the VARIcool auto-adjusting cooling system for maximum UV performance.
In June 2020, Baldwin Technology Company Inc., a US-based leading manufacturer of LED-UV curing systems acquired Western Quartz, a leading manufacturer of quality medium-pressure ultraviolet (UV) lamps for printing, industrial and sanitation applications, for an undisclosed amount. The acquisition will contribute towards the expanding reach and technology connection for the benefit of customers for both companies. Western Quartz will help enhance Baldwin's capabilities in additive (doped) UV lamp production for industrial markets, providing an excellent complement to the existing UV and LED-UV technology portfolio within the AMS Spectral UV business and PRIMARC products. Western Quartz, post-acquisition, moved to Baldwin Technology's Easton, PA facility, and was founded in 1931.
The countries covered in the UV curing system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The UV curing system market research report is one of a series of new reports from the publisher that provides UV curing system market statistics, including UV curing system industry global market size, regional shares, competitors with a UV curing system market share, detailed UV curing system market segments, market trends and opportunities, and any further data you may need to thrive in the UV curing system industry. This UV curing system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global UV Curing System Market
What is the estimated value of the Global UV Curing System Market?
What is the growth rate of the Global UV Curing System Market?
What is the forecasted size of the Global UV Curing System Market?
Who are the key companies in the Global UV Curing System Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2023 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value ( USD | $ 3.17 billion |
| Forecasted Market Value ( USD | $ 5.33 billion |
| Compound Annual Growth Rate | 13.9% |
| Regions Covered | Global |
Table of Contents
1. Executive Summary2. UV Curing System Market Characteristics
3. UV Curing System Market Trends And Strategies
4. UV Curing System Market - Macro Economic Scenario
4.1 COVID-19 Impact On UV Curing System Market
4.2 Ukraine-Russia War Impact On UV Curing System Market
4.3 Impact Of High Inflation On UV Curing System Market
5. UV Curing System Market Size And Growth
5.1. Global UV Curing System Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global UV Curing System Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. UV Curing System Market Segmentation
6.1. Global UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Spot Cure
- Flood Cure
- Focused Beam
- Mercury Lamp
- Microwave Lamp
- Arc Lamp
- UV LED
- High Pressure
- Medium Pressure
- Low Pressure
- Printing
- Bonding and Assembling
- Coating and Finishing
- Disinfection
- Others
- Aerospace and Defense
- Automotive andTransportation
- Construction and Architectural
- Semiconductor and Electronics
- Medical
- Others
7.1. Global UV Curing System Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global UV Curing System Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific UV Curing System Market
8.1. Asia-Pacific UV Curing System Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China UV Curing System Market
9.1. China UV Curing System Market Overview
9.2. China UV Curing System Market, Segmentation By Type
- , Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India UV Curing System Market
10.1. India UV Curing System Market, Segmentation By Type
- , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan UV Curing System Market
11.1. Japan UV Curing System Market, Segmentation By Type
- , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia UV Curing System Market
12.1. Australia UV Curing System Market, Segmentation By Type
- , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia UV Curing System Market
13.1. Indonesia UV Curing System Market, Segmentation By Type
- , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea UV Curing System Market
14.1. South Korea UV Curing System Market, Segmentation By Type
- , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe UV Curing System Market
15.1. Western Europe UV Curing System Market Overview
15.2. Western Europe UV Curing System Market, Segmentation By Type
- , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK UV Curing System Market
16.1. UK UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany UV Curing System Market
17.1. Germany UV Curing System Market, Segmentation By Type
- , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France UV Curing System Market
18.1. France UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe UV Curing System Market
19.1. Eastern Europe UV Curing System Market Overview
19.2. Eastern Europe UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia UV Curing System Market
20.1. Russia UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America UV Curing System Market
21.1. North America UV Curing System Market Overview
21.2. North America UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA UV Curing System Market
22.1. USA UV Curing System Market Overview
22.2. USA UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America UV Curing System Market
23.1. South America UV Curing System Market Overview
23.2. South America UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil UV Curing System Market
24.1. Brazil UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East UV Curing System Market
25.1. Middle East UV Curing System Market Overview
25.2. Middle East UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa UV Curing System Market
26.1. Africa UV Curing System Market Overview
26.2. Africa UV Curing System Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa UV Curing System Market, Segmentation By End-User , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. UV Curing System Market Competitive Landscape And Company Profiles
27.1. UV Curing System Market Competitive Landscape
27.2. UV Curing System Market Company Profiles
27.2.1. Dynmax Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Excelitas Technologies Corp.
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Heraeus Noblelight America
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Phoseon Technology
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. IST Metz GmbH
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The UV Curing System Market
29. UV Curing System Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer
Executive Summary
UV Curing System Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on uv curing system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for uv curing system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The uv curing system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
1) By Type: Spot Cure; Flood Cure2) By Technology: Mercury Lamp; Microwave Lamp; Arc Lamp; UV LED
3) By Pressure Type: High Pressure; Medium Pressure; Low Pressure
4) By Application: Printing; Bonding and Assembling; Coating and Finishing; Disinfection; Others
5) By End-User: Aerospace and Defense; Automotive andTransportation; Construction and Architectural; Semiconductor and Electronics; Medical; Others
Companies Mentioned: Dynmax Corporation; Excelitas Technologies Corp.; Heraeus Noblelight America; Phoseon Technology; IST Metz GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Dynmax Corporation
- Excelitas Technologies Corp.
- Heraeus Noblelight America
- Phoseon Technology
- IST Metz GmbH
- Miltec UV
- GEW (EC) Limited
- Baldwin Technology
- DELO
- American Ultraviolet
- Hanovia
- Omron Corporation
- Benford UV
- Thorlabs
- Jenton International Ltd.
- Nordson Corporation
- Nippon Gohsei
- BASF SE
Methodology
LOADING...
