Global UV Curing System Market 2018-2023: High Acceptance of Bio-Based Products and Resins – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "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" report has been added to ResearchAndMarkets.com's
offering.

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.

Of all the major applications of UV curing systems, bonding and
assembling holds the largest share of the UV curing system market. 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, 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. Currently, UV curing systems hold the maximum
share in medical and electronics industries, thus fueling the market for
UV spot cure systems.

Market Dynamics

Drivers

• Environmental Awareness and Stringent Regulations
• High Speed and Performance Compared to Traditional Curing Systems

Restraint

• Limited Depth of Curing

Opportunities

• High Growth Prospect in New Applications
• High Acceptance of Bio-Based Products and Resins

Challenge

• Risks of Hazard Related to the Presence of Mercury in UV Mercury Lamps

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 UV Curing System Market, by Technology

7 UV Curing System Market, by Pressure Type

8 UV Curing System Market, by Type

9 UV Curing System Market, by Application

10 UV Curing System Market, by End-User Industry

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

• Baldwin Technology
• Nordson
• Panasonic
• Excelitas
• Heraeus
• Dymax
• Phoseon
• Honle
• Delo
• IST Metz
• American Ultraviolet
• Omron
• Uvitron
• Atlantic Zeiser
• Benford UV
• GEW (EC)
• Hanovia
• Miltec UV
• Thorlabs
• Hoya Corporation

For more information about this report visit https://www.researchandmarkets.com/research/p3txs2/global_uv_curing?w=4

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Related
Topics: Paints
and Coatings