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.
This report covers the following technology: Mercury lamp and UV LED system. Currently, UV LED system holds a smaller share in the UV curing system market, as it is used in limited applications; however, in the coming years, the UV LED market will be driven by deployment in new applications such as purification and disinfection. UV LED consumes less energy and generates less heat compared to mercury lamps, making it the most preferred UV curing technology in the coming years.
This report has been segmented on the basis of end-user industry, into medical, consumer electronics, and construction and architecture. The construction and architecture industry is mainly driven by the increasing UV coating market across the globe. Additionally, increasing investments by government in public infrastructure such as highway joint sealing, structural bonding of bridge, and railways to cater to the needs of customized coating are fueling the demand for UV curing technologies in the construction industry.
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/p8r53w/uv_curing_systems?w=4
