UV Curing System Market Scope
UV Curing System is a cross chemical reaction when ink or UV varnish is applied to object and when it passes through UV light it gets cured instantly. It is fundamentally a polymerization of UV Lacquer on an object through UV Light. UV Curing System is available in different sizes as well as power. Based on the type, the market has been segmented into spot cure, flood cure, and focused beam.
According to AMA, the Global UV Curing System market is expected to see growth rate of 10.4% Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global UV Curing System market throughout the predicted period.
Dymax Corporation (United States), Nordson Corporation (United States), Baldwin Technology (United States), Heraeus (Germany), Phoseon (United States), Honle (United States), Panasonic Corporation of North America (United States), Delo (Germany), IST Metz (Germany) and American Ultraviolet (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Omron (Japan), Excelitas (United States), Atlantic Zeiser (Germany), Benford UV (United Kingdom), Gew (EC) (United Kingdom), Hanovia (United Kingdom), Miltec UV (United States), Thorlabs (United States) and Hoya (Japan).
Segmentation Overview
The study have segmented the market of Global UV Curing System market by Type (Spot Cure, Flood Cure and Focused Beam), by Application (Printing, Bonding & Assembling, Coating and Finishing, Disinfection and Others {Potting, Temporary Masking, Sealing}) and Region with country level break-up.
On the basis of geography, the market of UV Curing System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Growth Drivers:
High Performance and Increased Speed of UV Curing Systems than That of Traditional Curing Systems and An inclination toward Environmentally Friendly Products, Along With Stringent Regulations Regarding Use of Green Products
Challenges:
Risks Associated to Hazardous Effects of Mercury Present in UV Mercury Lamps
Restraints:
Limited Depth of Curing
Opportunities:
High-Growth Prospects of UV Curing Technology in New Applications and High Acceptance of UV Curing With Rapid Development of Bio-Based Products and Resin
Market Leaders and their Expansionary Development Strategies
On 22 Jan 2019, Excelitas Technologies Corp., a global technology leader delivering innovative, customized photonic solutions, will highlight its wide variety of UV curing and illumination products for medical applications at MD&M West.
On 8 May 2018, Heraeus Noblelight, a leading UV curing system player has introduced industry’s first “smart” UV curing system to enable continuous real-time diagnostic and predictive maintenance.
Key Target Audience
UV Curing System Manufacturers, UV Curing System Sub Component Manufacturers, UV Curing System Traders/Distributors, UV Curing System Importer/Exporter, Regulatory & Government Bodies, End Users and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.