North America UV Curing System Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Application (Bonding & Assembling, Disinfection, Coating & Finishing, and Printing) and End User (Automotive, Healthcare, Electronics, and Others)


No. of Pages: 103    |    Report Code: TIPRE00029262    |    Category: Electronics and Semiconductor

North America UV Curing System Market
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The UV curing system market in North America is expected to grow from US$ 644.57 million in 2021 to US$ 1,200.84 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028.

 

Conventional coating processes are subjected to various government regulations. This is because many of these coating applications have health and safety risks. Exposure to them causes several health problems in the workers in the paint industry, such as headaches, low quality of sleep, muscle weakness, and memory issues. Also, the anti-corrosion paint and coatings consist of VOCs. The high pressure of the coatings allows the molecules to evaporate in the air, thereby leaving the workers in close proximity, leading to diseases such as cancer and other severe health problems. Hence, the governments have put stringent regulations on these types of coatings. However, as UV curing coatings do not have these drawbacks, the strict government regulations are strongly supporting the growth of the UV curing system market for coating & finishing applications. Many adhesives used for the bonding & assembling process in the industrial segment release VOCs. Several government bodies across the region have put regulations on the emission of VOC content. For instance, the United States Environmental Protection Agency (EPA) has approved the Clean Air Act section 183(e), which restricts the use of products that release more than 80% of the VOC emission. Such stringent regulations by the government bodies have influenced the demand for UV curing coating over traditional coating solutions, which is driving the market.

 

North America UV Curing System Market Revenue and Forecast to 2028 (US$ Million)  
North America UV Curing System Market Revenue and Forecast to 2028 (US$ Million)  

North America UV Curing System Market Segmentation

 

The North America UV curing system market is segmented based on application, end user, and country. Based on application, the market is segmented into bonding and assembling, disinfection, coating and finishing, and printing. In 2020, the bonding and assembling segment held the largest share of the market; and the printing segment is expected to register the highest CAGR during the forecast period. Based on end user, the North America UV curing system market is segmented into automotive, healthcare, electronics, and others. In 2020, the automotive segment held the largest market share; and the healthcare segment is expected to register the highest CAGR in the market during the forecast period. Based on country, the North America UV curing system market is segmented into the US, Canada, and Mexico. In 2020, the US held the largest market share; and Canada is expected to grow at the fastest CAGR during the forecast period.

 

American Ultraviolet, AMS Spectral UV, Dymax Corporation, Excelitas Technologies Corp., Hanovia-uv, Heraeus Holding, IST Metz GmbH, Nordson Corporation, and Phoseon Technology are among the leading companies in the North America UV curing system market.

 

North America UV Curing System Strategic Insights

Strategic insights for the North America UV Curing System provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America UV Curing System Report Scope

Report Attribute Details
Market size in 2021 US$ 644.57 Million
Market Size by 2028 US$ 1,200.84 Million
Global CAGR (2021 - 2028) 9.3%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Application
  • Bonding & Assembling
  • Disinfection
  • Coating & Finishing
  • Printing
By End User
  • Automotive
  • Healthcare
  • Electronics
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Excelitas Technologies Corp
  • Nordson Corporation
  • Phoseon Technology
  • Heraeus Holding GmbH
  • Hanovia-UV
  • Dymax Corporation
  • IST METZ GmbH &Co. KG
  • AMS Spectral UV
  • American Ultraviolet
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    North America UV Curing System Regional Insights

    The geographic scope of the North America UV Curing System refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - North America UV Curing System Market

    1. Excelitas Technologies Corp
    2. Nordson Corporation
    3. Phoseon Technology
    4. Heraeus Holding GmbH
    5. Hanovia-UV
    6. Dymax Corporation                                 
    7. IST METZ GmbH &Co. KG                       
    8. AMS Spectral UV                                      
    9. American Ultraviolet                 
    Frequently Asked Questions
    How big is the North America UV Curing System Market?

    The North America UV Curing System Market is valued at US$ 644.57 Million in 2021, it is projected to reach US$ 1,200.84 Million by 2028.

    What is the CAGR for North America UV Curing System Market by (2021 - 2028)?

    As per our report North America UV Curing System Market, the market size is valued at US$ 644.57 Million in 2021, projecting it to reach US$ 1,200.84 Million by 2028. This translates to a CAGR of approximately 9.3% during the forecast period.

    What segments are covered in this report?

    The North America UV Curing System Market report typically cover these key segments-

    • Application (Bonding & Assembling, Disinfection, Coating & Finishing, Printing)
    • End User (Automotive, Healthcare, Electronics)

    What is the historic period, base year, and forecast period taken for North America UV Curing System Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America UV Curing System Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in North America UV Curing System Market?

    The North America UV Curing System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Excelitas Technologies Corp
  • Nordson Corporation
  • Phoseon Technology
  • Heraeus Holding GmbH
  • Hanovia-UV
  • Dymax Corporation
  • IST METZ GmbH &Co. KG
  • AMS Spectral UV
  • American Ultraviolet
  • Who should buy this report?

    The North America UV Curing System Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America UV Curing System Market value chain can benefit from the information contained in a comprehensive market report.

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