According to a new report Global UV Curing System Market, published by KBV research, The Global UV Curing System Market size is expected to reach $10.22 billion by 2027, rising at a market growth of 21.3% CAGR during the forecast period.
The Printing market is expected to witness a CAGR of 22% during (2021 - 2027). UV curing would witness high adoption when printing through an LED UV printer. In addition, it is the drying technique the printing process utilizes and it holds high value in appropriately printing luxury materials. Moreover, companies that are looking for perfect print quality to display & advertise their products or brands are moving to LED UV curing printing.
The UV LED market dominated the Global UV Curing System Market by Technology 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $7,682.4 million by 2027, growing at a CAGR of 22.1% during the forecast period. The Mercury Lamp market is expected to witness highest CAGR of 19.1% during (2021 - 2027).
The Aerospace & Defense market is expected to witness a CAGR of 22.3% during (2021 - 2027). The Industrial & Machinery market is expected to witness a CAGR of 23.5% during (2021 - 2027). Additionally, The Energy market is expected to witness highest CAGR of 23.2% during (2021 - 2027).
The Asia Pacific market dominated the Global UV Curing System Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,801.5 million by 2027. The Europe market is expected to witness a CAGR of 20.8% during (2021 - 2027). Additionally, The North America market is expected to witness a CAGR of 19.9% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/uv-curing-system-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Omron Corporation, Panasonic Corporation, Nordson Corporation, Kyocera Corporation, Thorlabs, Inc., Excelitas Technologies Corp., American Ultraviolet, IST Metz GmbH, Dymax Corporation, and Heraeus Holding GmbH.
By Application
By Technology
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By Geography
Companies Profiled
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