Global UV Curing System Market Overview:
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% and may see market size of USD6.2 Billion by 2024.
- High Performance and Increased Speed of UV Curing Systems than That of Traditional Curing Systems
- An inclination toward Environmentally Friendly Products, Along With Stringent Regulations Regarding Use of Green Products
- High-Growth Prospects of UV Curing Technology in New Applications
- High Acceptance of UV Curing With Rapid Development of Bio-Based Products and Resin
- Risks Associated to Hazardous Effects of Mercury Present in UV Mercury Lamps
Some of the key players profiled in the report are 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). Additionally, following companies can also be profiled that are part of our coverage like 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). Analyst at AdvanceMarketAnalytics see United States Manufacturers to retain maximum share of Global UV Curing System market by 2024. Considering Market by End User Industries, the sub-segment i.e. Aerospace and Defense will boost the UV Curing System market. Considering Market by Technology, the sub-segment i.e. Mercury Lamp will boost the UV Curing System market. Considering Market by Pressure, the sub-segment i.e. High will boost the UV Curing System market.
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.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global UV Curing System market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in UV Curing System market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes 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.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.