UV Curing Systems Market Opportunities, Demands, Size, Share, Trends, Industry Sales Area and Its Competitors by 2025 by Top Key Players – Air Motion Systems, American Ultravoilet, Dynmax Corporation, Excelitas Technologies Corp, Hanovia Limited

According to the new research report published by The Insight Partners, titled “UV Curing System Market - Global Analysis and Forecast to 2025”, the global UV curing system market is expected to reach US$ 2,409.8 Mn by 2025, registering a CAGR of 9.6% during the forecast period 2018 - 2025.

Increasing demand for the UV LED curing system over the traditional lamp based curing system is one of the major factor in the growth of the UV curing market. Furthermore, coatings and adhesives when exposed to traditional curing systems released volatile organic compounds which affected the health of the workers associated with the process as well as the environment. Therefore, strict government regulations were made in various countries regarding the emission of the volatile organic compounds. Since, using UV LED as the curing method reduced the emission of the volatile compounds, therefore, the growth of the UV curing market using LED increased in the verticals driving the growth of the market.

The Industry report for “Global UV Curing Systems Market” showcase by The Insight Partners includes broad essential research alongside the detailed analysis of subjective and in addition quantitative angles by different industry specialists, key feeling pioneers to pick up a more profound understanding of the business execution.

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The top companies operating in the UV curing system market include Air Motion Systems, Inc., American Ultravoilet, Inc., Dynmax Corporation, Excelitas Technologies Corp, Hanovia Limited, Heraeus Noblelight America LLC, IST METZ GmbH, Jenton International Ltd., Nordson Corporation, and Phoseon Technology among others.

Key findings of the study:
• From a growth perspective India in Asia-Pacific region is anticipated to witness the most lucrative CAGR growth rate of 11.2% during the forecast period.
• Electronics segment in end user type segment is estimated to grow at a significant CAGR from 2018 – 2025.
• Bonding & assembling segment captured the global UV curing system market in 2017 and is also expected to dominate the market throughout the forecast period.

The reports cover key developments in the UV Curing Systems Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from UV Curing Systems Market are anticipated to lucrative growth opportunities in the future with the rising demand for UV Curing Systems Market in the global market.

The market initiative and new development was observed as the most adopted strategy in global UV curing system market. For instance, in 2018, IST METZ showcased a wide range of LED and UV systems designed for curing industrial coatings at PaintExpo in Karlsruhe. The company is presenting MBS-5 L IST METZ as well as HANDcure LED handheld unit. Similarly, Nordson introduced new xQR41V Needle Valve. This needle can be used to dispense precisely the repeatable amounts of UV-cure adhesives for the bonding module in medical applications. In 2017, American Ultraviolet announced its partnership with Magnet Group (US), for providing high-quality and American finished UVC equipment especially for healthcare market. Various other players are operating in the UV curing system market, which also focus on different strategic initiative to boost their business as well as market value.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

GLOBAL UV CURING SYSYEM MARKET – SEGMENTATION

GLOBAL UV CURING SYSTEM MARKET – BY APPLICATION
• Bonding & Assembling
• Coating & Finishing
• Printing

GLOBAL UV CURING SYSTEM MARKET – BY END-USER
• Automotive
• Healthcare
• Electronics
• Others

GLOBAL UV CURING SYSTEM MARKET – BY GEOGRAPHY
• North America
o U.S.
o Canada
o Mexico

• Europe
o France
o Germany
o Italy
o Spain
o UK
o Rest of Europe

• Asia Pacific (APAC)
o China
o India
o Taiwan
o Japan
o Rest of APAC

• Middle East & Africa (MEA)
o Saudi Arabia
o South Africa
o UAE
o Rest of MEA

• South America (SAM)
o Brazil
o Rest of SAM

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This release was published on openPR.