As per this study, the Global LED UV Curing System Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
UV curing refers to the photochemical process in which the high-intensity ultraviolet light is used to cure paints, inks, varnishes, and adhesives instantly. It is used for printing, coating and decoration purpose across automotive, healthcare and cosmetic industries. UV curing extends the shelf life of the surfaces and also makes them scratch resistant.
The growing demand for rapid curing of paints and coating across healthcare, food packaging, cosmetics, automotive, consumer electronics and various manufacturing industries is driving the market growth. Stringent regulation imposed on the emission of VOC compounds is again favoring the market growth. LED curing offers instant curing and better performance in an environmentally friendly way is pushing its demand higher. On the flip side, the high initial investment for UV curing method may hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of LED UV curing system.
The broad LED UV curing system market has been sub-grouped into application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Bonding & Assembly
- Coating & Finishing
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for LED UV curing system in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global LED UV Curing System Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the LED UV curing system market include Air Motion Systems Inc., American Ultraviolet Inc., Dymax Corporation, Excelitas Technologies Corp., Hanovia Limited, Heraeus Noblelight America LLC, IST METZ GmbH, Jenton International Ltd., Nordson Corporation and Phoseon Technology among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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