UV Curing System Market Forecast to 2028

Report Code : TIPTE100000952 | Region : Global | Industry : Electronics and Semiconductor | Published Date : 28/Feb/2022
UV Curing System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Bonding & Assembling, Disinfection, Coating & Finishing, and Printing) and End User (Automotive, Healthcare, Electronics, and Others)

The global UV curing system market is expected to grow from US$ 2,817.2 million in 2021 to US$ 5,153.2 million by 2028; it is estimated to grow at a CAGR of 9.0% from 2021 to 2028.

The PTC thermistor market is broadly segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). With the improving standard of living among the population of developing countries such as India and China, the demand for various electronics is also experiencing a significant rise over the years. Countries such as China, India, and Japan have a huge base of electronic manufacturers. Haier, TCL, Xiaomi, Lenovo, Huawei, Havells India, Voltas, Godrej, Hitachi, Panasonic, Canon, and Toshiba are among the key electronic manufacturers across the countries. UV curing systems are actively utilized across these companies for various applications such as die attachment, wire tacking, pin attachment, and sealing & gasketing products. UV curing solutions are also adopted for coating applications across this industry. Thus, the wide range of UV curing applications is propelling the demand for the same among the industries, thereby contributing to the market's growth.

Impact of COVID-19 Pandemic on UV Curing System Market in Middle East and Africa region

Majority of economic operations in the Middle East and Africa region were suspended due to an increase in the number of COVID-19 cases in the region, thereby, impacting the UV curing system market negatively from both supply and demand side. Since the tourism sector in the country experienced very less demand, due international travel ban, demand for new air conditioners, television sets, and refrigerators reduced notably from the hospitality industry. This impacted the requirement for UV curing system from consumer electronics manufacturers. Moreover, the end users in the region are

UV LED-based curing systems have better properties, such as better abrasion resistance, durability, elasticity, adhesion, and chemical resistance, than the other curing systems. Hence, the demand for UV LED-based curing systems is increasing over conventional curing systems, which use mercury lamps. UV LED-based curing systems also provide a better operational speed of the machine and faster drying of the product. The UV curing systems also reduce the emission of the volatile organic compounds (VOCs) which is released during painting, coatings, inks, adhesives, and similar materials. Hence, these systems are highly adopted by various end-use industries, such as furniture, automotive, healthcare, and electronics.

The overall UV curing system market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the UV curing system market with respect to all the segments. It also provides the overview and forecast for the market based on all the segmentation provided with respect to five major regions—North America, Europe, Asia Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the UV curing system market. A few of the major players operating in the UV curing system market are American Ultraviolet, AMS Spectral UV, Dymax Chemical (Shanghai) Co. Ltd, Excelitas Technologies Corp., Hanovia-uv, Heraeus Holding GmbH, IST Metz GmbH, Jenton Group, Nordson Corporation, and Phoseon Technology. These companies are actively investing in new product developments and geographical expansions for acquiring a larger customer base across the globe.

The List of Companies - UV Curing System Market

1. American Ultraviolet

2. AMS Spectral UV

3. Dymax

4. Excelitas Technologies Corp.

5. Hanovia-uv

6. Heraeus Holding

7. IST Metz GmbH

8. Jenton Group

9. Nordson Corporation

10. Phoseon Technology

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. UV Curing System Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 Asia Pacific

4.2.4 Middle East & Africa

4.2.5 South America

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. UV Curing System Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increase in Demand for UV LED-Based Curing over Conventional Curing Methods

5.1.2 Stringent Government Regulations

5.2 Market Restraints

5.2.1 Limited Depth of Curing

5.3 Market Opportunities

5.3.1 Rising Investment in Strategic Developments by Major Players

5.4 Future Trends

5.4.1 Increasing Adoption of UV Curing Solutions for 3D Printing and Wood Coating

5.5 Impact Analysis of Drivers and Restraints

6. UV Curing System Market – Global Analysis

6.1 UV Curing System Market Overview

6.2 UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning – Five Key Players

7. UV Curing System Market Analysis – by Application

7.1 Overview

7.2 UV Curing System Market Breakdown, by Application, 2020 and 2028

7.3 Bonding & Assembling

7.3.1 Overview

7.3.2 Bonding & Assembling: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

7.4 Disinfection

7.4.1 Overview

7.4.2 Disinfection: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

7.5 Coating & Finishing

7.5.1 Overview

7.5.2 Coating & Finishing: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

7.6 Printing

7.6.1 Overview

7.6.2 Printing: UV Curing System Market Revenue and Forecast to 2028 (US$ Million)

8. UV Curing System Market Analysis – by End User

8.1 Overview

8.2 UV Curing System Market, by End User (2020 and 2028)

8.3 Automotive

8.3.1 Overview

8.3.2 Automotive: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Healthcare

8.4.1 Overview

8.4.2 Healthcare: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Electronics

8.5.1 Overview

8.5.2 Electronics: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9. UV Curing System Market – Geographic Analysis

9.1 Overview

9.2 North America: UV Curing System Market

9.2.1 North America: UV Curing System Market – Revenue Forecast to 2028

9.2.2 North America: UV Curing System Market, by Application

9.2.3 North America: UV Curing System Market, by End User

9.2.4 North America: UV Curing System Market, by Key Country

9.2.4.1 US: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.1.1 US: UV Curing System Market, by Application

9.2.4.1.2 US: UV Curing System Market, by End User

9.2.4.2 Canada: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.2.1 Canada: UV Curing System Market, by Application

9.2.4.2.2 Canada: UV Curing System Market, by End User

9.2.4.3 Mexico: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.3.1 Mexico: UV Curing System Market, by Application

9.2.4.3.2 Mexico: UV Curing System Market, by End User

9.3 Europe: UV Curing System Market

9.3.1 Europe: UV Curing System Market – Revenue and Volume Forecast to 2028 (US$ Million)

9.3.2 Europe: UV Curing System Market, by Application

9.3.3 Europe: UV Curing System Market, by End User

9.3.4 Europe: UV Curing System Market, by Key Country

9.3.4.1 Germany: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1 Germany: UV Curing System Market, by Application

9.3.4.1.2 Germany: UV Curing System Market, by End User

9.3.4.2 France: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1 France: UV Curing System Market, by Application

9.3.4.2.2 France: UV Curing System Market, by End User

9.3.4.3 Italy: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1 Italy: UV Curing System Market, by Application

9.3.4.3.2 Italy: UV Curing System Market, by End User

9.3.4.4 UK: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1 UK: UV Curing System Market, by Application

9.3.4.4.2 UK: UV Curing System Market, by End User

9.3.4.5 Russia: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1 Russia: UV Curing System Market, by Application

9.3.4.5.2 Russia: UV Curing System Market, by End User

9.3.4.6 Rest of Europe: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1 Rest of Europe: UV Curing System Market, by Application

9.3.4.6.2 Rest of Europe: UV Curing System Market, by End User

9.4 APAC: UV Curing System Market

9.4.1 APAC: UV Curing System Market – Revenue and Volume Forecast to 2028 (US$ Million)

9.4.2 APAC: UV Curing System Market, by Application

9.4.3 APAC: UV Curing System Market, by End User

9.4.4 APAC: UV Curing System Market, by Key Country

9.4.4.1 Australia: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.1 Australia: UV Curing System Market, by Application

9.4.4.1.2 Australia: UV Curing System Market, by End User

9.4.4.2 China: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.2.1 China: UV Curing System Market, by Application

9.4.4.2.2 China: UV Curing System Market, by End User

9.4.4.3 India: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.3.1 India: UV Curing System Market, by Application

9.4.4.3.2 India: UV Curing System Market, by End User

9.4.4.4 Japan: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.4.1 Japan: UV Curing System Market, by Application

9.4.4.4.2 Japan: UV Curing System Market, by End User

9.4.4.5 South Korea: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.5.1 South Korea: UV Curing System Market, by Application

9.4.4.5.2 South Korea: UV Curing System Market, by End User

9.4.4.6 Rest of APAC: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.6.1 Rest of APAC: UV Curing System Market, by Application

9.4.4.6.2 Rest of APAC: UV Curing System Market, by End User

9.5 MEA: UV Curing System Market

9.5.1 MEA: UV Curing System Market – Revenue and Volume Forecast to 2028 (US$ Million)

9.5.2 MEA: UV Curing System Market, by Application

9.5.3 MEA: UV Curing System Market, by End User

9.5.4 MEA: UV Curing System Market, by Key Country

9.5.4.1 South Africa: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1 South Africa: UV Curing System Market, by Application

9.5.4.1.2 South Africa: UV Curing System Market, by End User

9.5.4.2 Saudi Arabia: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1 Saudi Arabia: UV Curing System Market, by Application

9.5.4.2.2 Saudi Arabia: UV Curing System Market, by End User

9.5.4.3 UAE: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1 UAE: UV Curing System Market, by Application

9.5.4.3.2 UAE: UV Curing System Market, by End User

9.5.4.4 Rest of MEA: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.4.1 Rest of MEA: UV Curing System Market, by Application

9.5.4.4.2 Rest of MEA: UV Curing System Market, by End User

9.6 SAM: UV Curing System Market

9.6.1 SAM: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.6.2 SAM: UV Curing System Market, by Application

9.6.3 SAM: UV Curing System Market, by End User

9.6.4 SAM: UV Curing System Market, by Key Country

9.6.4.1 Brazil: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1 Brazil: UV Curing System Market, by Application

9.6.4.1.2 Brazil: UV Curing System Market, by End User

9.6.4.2 Argentina: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1 Argentina: UV Curing System Market, by Application

9.6.4.2.2 Argentina: UV Curing System Market, by End User

9.6.4.3 Rest of SAM: UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1 Rest of SAM: UV Curing System Market, by Application

9.6.4.3.2 Rest of SAM: UV Curing System Market, by End User

10. UV Curing System Market – COVID-19 Impact Analysis

10.1 Overview

10.2 North America: Impact Assessment of COVID-19 Pandemic

10.3 Europe: Impact Assessment of COVID-19 Pandemic

10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

10.6 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Dymax Corporation

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Excelitas Technologies Corp

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 NORDSON CORPORATION

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Phoseon Technology

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Heraeus Holding GmbH

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 AMS Spectral UV

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 IST METZ GmbH &Co. KG

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Jenton Group

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 American Ultraviolet

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Hanovia-UV

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. UV Curing System Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. North America: UV Curing System Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: UV Curing System Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 4. US: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 5. US: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 6. Canada: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 8. Mexico: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 9. Mexico: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 10. Europe: UV Curing System Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. Europe: UV Curing System Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 12. Germany: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 13. Germany: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 14. France: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 15. France: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 16. Italy: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 17. Italy: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 18. UK: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 19. UK: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 20. Russia: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 21. Russia: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 22. Rest of Europe: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 23. Rest of Europe: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 24. APAC: UV Curing System Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 25. APAC: UV Curing System Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 26. Australia: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 27. Australia: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 28. China: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 29. China: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 30. India: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 31. India: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 32. Japan: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 33. Japan: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 34. South Korea: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 35. South Korea: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 36. Rest of APAC: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 37. Rest of APAC: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 38. MEA: UV Curing System Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 39. MEA: UV Curing System Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 40. South Africa: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 41. South Africa: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 42. Saudi Arabia: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 43. Saudi Arabia: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 44. UAE: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 45. UAE: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 46. Rest of MEA: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 47. Rest of MEA: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 48. SAM: UV Curing System Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 49. SAM: UV Curing System Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 50. Brazil: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 51. Brazil: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 52. Argentina: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 53. Argentina: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 54. Rest of SAM: UV Curing System Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 55. Rest of SAM: UV Curing System Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 56. List of Abbreviation

The List of Companies - UV Curing System Market

1. American Ultraviolet

2. AMS Spectral UV

3. Dymax

4. Excelitas Technologies Corp.

5. Hanovia-uv

6. Heraeus Holding

7. IST Metz GmbH

8. Jenton Group

9. Nordson Corporation

10. Phoseon Technology

Reason To Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global UV curing system market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the global UV curing system market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

AVAILABLE CUSTOMIZATION RESEARCH METHODOLOGY REQUEST FOR TOC FREE SAMPLE REPORT
CHOOSE LICENCE TYPE
(UV Curing System Market Forecast to 2028 )
  • Single User Price $4,550$3,640
  • Site Price $6,550$5,240
  • Enterprise Price $8,550$6,840
Buy Now Add to Cart
REQUEST FOR TOC
SPEAK TO ANALYST
FREE SAMPLE
REPORT
INQUIRE BEFORE
BUYING
TOP
Quick Enquiry