Press Release

Sep, 25 2023

Rapid Product Launch and Product Expansion By Market Players Drives the Demand for the Europe Ultraviolet (UV) Curing System Market

The demand for UV curing systems in bonding applications and assembling processes is increasing from various industries such as automotive, battery, coatings and finishing, converting, electronics and printed electronics, energy production, and medical. UV curing adhesives use ultraviolet (UV) light or other radiation sources to initiate curing and form a permanent bond without heating. The ability of UV adhesives to rapidly cure without heat provides energy savings and productivity gains. They are ideal for various substrates and joining dissimilar materials such as plastics, metals, and glass. UV bonding adhesives exhibit excellent thermal stability, low shrinkage, optical clarity, and resistance to thermal cycling, chemicals, moisture, and solvents while meeting safety, health, and ecological concerns. This has resulted in higher demand for UV curing systems across industries.

Thus rise in demand for uv curing systems in bonding and assembling is expected to act as driver for Europe ultraviolet (UV) curing system market.

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Data Bridge Market Research analyzes that the Europe Ultraviolet (UV) Curing System Market is expected to reach USD 1,856,505.89 thousand by 2030 from USD 6,53,376.87 thousand in 2022, growing at a CAGR of 14.1% during the forecast period of 2023 to 2030. The spot curing system segment is projected to propel the market growth as the demand for spot curing system is increasing in various industries.   

Key Findings of the Study

Europe Ultraviolet (UV) Curing System Market

Rapid Technological Advancement in UV-LED Curing System

Assembly and manufacturing processes depend highly on the rapid and effective curing of ultraviolet (UV) systems. In ultraviolet (UV) curing systems, UV LED curing systems are used most commonly for graphics applications, particularly for digital inkjet printing, screen printing, sheet-fed offset printing, and flexo-printing. UV LED curing technology offers numerous sustainability, cost, and performance benefits for certain applications, notably graphics, electronic display coatings, wood fillers, fiber optics, and some non-graphic web coatings. The advantages being realized in these markets generate interest from other sectors where UV LED curing technology has not reached the levels needed for commercialization. Interested end users are working closely with market players and coating formulators and their raw material (resin, additive, photoinitiator) suppliers to devise systems that will overcome current limitations and facilitate broader adoption of UV LED curing for industrial wood, and other coatings, automotive/transportation, and many other applications. This has resulted in rapid technological development in UV LED curing systems, providing a lucrative opportunity for growth for the Europe ultraviolet (UV) curing system market.

Therefore, rapid technological advancement in UV LED curing systems is expected to act as an opportunity for the growth of the Europe ultraviolet (UV) curing system market.   

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Thousand

Segments Covered

Type (Spot Curing System, Flood Curing System and Focused Beam, Conveyor, and Others (System Accessories)), Pressure Type (High, Medium, and Low), Technology (UV LED and Mercury Lamps), Wavelength (365 NM, 385 NM, 395 NM, 405 NM, and Others), Application (Bonding and Assemblies, Printing, Disinfection and Decontamination, Coating and Finishing, and Others), End User (Medical and Lifesciences, Consumer Electronics, Industrial and Machinery, Semiconductor, Automotive, Food and Beverages, Telecommunication, Aerospace and Defense, Marine, Energy and Power, Construction and Architectural, Chemical and Petrochemical, Oil and Gas, and Others), Sales Channel (Direct Sales and Indirect Sales)    

Countries Covered

Germany, France, Italy, Netherlands, U.K., Spain, Belgium, Poland,  Denmark, Switzerland, Russia, Sweden, Turkey, and Rest of Europe

Market Players Covered

Heraeus Holding (Germany), IST METZ GmbH & Co. KG. (Germany), Dymax (U.S.), American Ultraviolet(U.S.), Phoseon Technology (U.S.), Hanovia Specialty Lighting LLC (U.S.), Excelitas Technologies Corp. (U.S.), Uvitron International, Inc. (U.S.), Miltec UV (U.S.), Panasonic Holdings Corporation (Japan), Dr. Hönle AG (Germany), Thorlabs, Inc. (U.S.), GEW (EC) Limited (U.K.), Specialty Coating Systems Inc. (U.S.), Roeslein & Associates, Inc. (U.S.), Systematic Automation (U.S.), APL Machinery Pvt. Ltd. (India), KYOCERA Corporation (Japan), OMRON Corporation, (Japan) and among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand. 

Segment Analysis

The Europe ultraviolet (UV) curing system market is categorized into seven notable segments based on type, pressure type, wavelength, technology, sales channel, application, and end user.    

  • On the basis of type, the Europe ultraviolet (UV) curing system market is segmented into flood curing and focused beam, spot curing system, conveyor, and others (system accessories).  

In 2023, spot curing system segment is expected to dominate the Europe ultraviolet (UV) curing system market 

In 2023, the spot curing system segment is expected to dominate the market with a 42.52% market share  as  it is used in small-scale, precise laboratory applications across industries such as automotive, aerospace and defense, marine, and marine and semiconductor. 

  • On the basis of pressure type, the Europe ultraviolet (UV) curing system market is segmented into high, medium and low.

In 2023, high segment is expected to dominate the Europe ultraviolet (UV) curing system market

In 2023, the high segment is expected to dominate the Europe ultraviolet (UV) curing system market with a 54.68% market owing to its use in industrial or mass production applications, such as in the printing, coating, and adhesive curing industries across the globe. 

  • On the basis of technology, the Europe ultraviolet (UV) curing system market is segmented into UV LED and mercury lamps. In 2023, the UV LED segment is expected to dominate the Europe ultraviolet (UV) curing system market with a 80.20% market share.   
  • On the basis of wavelength, the Europe ultraviolet (UV) curing system market is segmented into 365 NM, 385 NM, 395 NM, 405 NM, and others. In 2023, the 365 NM segment is expected to dominate the Europe ultraviolet (UV) curing system market with a 35.81% market share.
  • On the basis of application, the Europe ultraviolet (UV) curing system market is segmented into coating and finishing, printing, bonding and assemblies, disinfection and decontamination, and others. In 2023, the bonding and assemblies segment is expected to dominate the Europe ultraviolet (UV) curing system market with a 32.28% market share.
  • On the basis of end user, the Europe ultraviolet (UV) curing system market is segmented into consumer electronics, medical and lifesciences, automotive, aerospace and defense, marine, industrial and machinery, semiconductor, construction and architectural, chemical and petrochemical, energy and power, oil and gas, food and beverages, telecommunication, and others. In 2023, the medical and lifesciences segment is expected to dominate the Europe ultraviolet (UV) curing system market with a 20.03% market share. 
  • On the basis of sales channel, the Europe ultraviolet (UV) curing system market is segmented into direct sales and indirect sales. In 2023, the direct sales segment is expected to dominate the Europe ultraviolet (UV) curing system market with a 78.81% market share.   

Major Players

Data Bridge Market Research recognizes the following companies as the market players in the Europe ultraviolet (UV) curing system market that include Heraeus Holding (Germany), IST METZ GmbH & Co. KG (Germany), Dr. Hönle AG (Germany), GEW (EC) Limited (U.K.), KYOCERA Corporation (Japan) and among others.   

Europe Ultraviolet (UV) Curing System Market

Market Developments

  • In November 2022, Heraeus Holding announced that the company is relocating its production and research facilities from Cambridge Science Park to Northstowe, North Cambridge. With this step, the company is aiming to cater to the rising market demand for its flashlamps and flash systems. This is expected to help the company in the Europe ultraviolet (UV) curing system market.
  • In October 2022, Excelitas Technologies Corp. announced that the company had highlighted its OmniCure UV LED Curing Systems for Medical Device Applications at MD&M Minneapolis. The company has planned this in order to increase the sales figure and potential consumers for its product offerings in the Europe ultraviolet (UV) curing system market.
  • In August 2022, Dymax announced that the company has entered into a partnership with Electronic Coating Technologies (ECT). Through this step, the company is aiming to provide a one-stop-shop for Parylene conformal coating services to its current aerospace, defense, and automotive customers. This has allowed the company to expand itself under Europe ultraviolet (UV) curing system market.
  • In December 2020, KYOCERA Corporation announced that the company had launched a next-generation inkjet printhead named KJ4B-EX 1200 printhead. This product has better offerings, including high-speed, high-resolution printing for a wide range of printing applications, with a focus on graphics. This has boosted the company's product portfolio in the Europe ultraviolet (UV) curing system market.
  • In February 2020, IST METZ GmbH & Co. KG posted an article on its official website regarding the advantages of UV and excimer technology. The company has promoted its offerings in the article and mentioned benefits such as curing and matting in industrial coatings can be done in seconds. Through such an article, the company is increasing its presence in the Europe ultraviolet (UV) curing system market, promoting its product portfolio.

Regional Analysis

Geographically, the countries covered in the ultraviolet (UV) curing system market report are Germany, France, Italy, Netherlands, U.K., Spain, Belgium, Poland,  Denmark, Switzerland, Russia, Sweden, Turkey, and Rest of Europe. 

As per Data Bridge Market Research analysis:

  • Germany is dominating and fastest growing country in Europe ultraviolet (UV) curing system market

Germany is dominating and fastest growing country in Europe ultraviolet (UV) curing system market due to rise in production of ultraviolet (UV) curing systems and increasing demand from emerging markets and expansion of consumers electronics and semiconductor industries.   

For more detailed information about the Europe ultraviolet (UV) curing system market report, click here – https://www.databridgemarketresearch.com/reports/europe-uv-curing-system-market


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