The market for fully automatic UV curing equipment is expanding as a result of increasing demand from end-use industries for UV-curable products. One of the main drivers of the need for UV curing equipment is the booming printing and packaging sectors. Additionally, the demand for printed circuit boards (PCBs) and semiconductor chips is expected to increase significantly over the course of the forecast period, which bodes well for the electronics sector. Additionally, the automotive sector is actively encouraging the usage of UV curing devices.
In the UV-curing procedure, a photochemical approach, high-intensity ultraviolet light is utilised to instantly dry or cure inks, coatings, or adhesives. The construction materials, printing, electronics, and manufacturing industries are among the industries where UV curing equipment is used. Because they increase output and cut labour expenses, fully automatic UV curing equipment are easy to operate. These devices also provide energy efficiency and low emissions as compared to alternative drying methods.
Fully automated UV curing systems have a number of benefits, including increased production, energy efficiency, and reliability. Furthermore, these technologies are simple to integrate into current production lines. Due to the multiple advantages that these systems provide, the end-user sectors are progressively embracing fully automatic UV curing equipment.
For drying and hardening inks, coatings, and adhesives, fully automatic UV curing equipment is frequently employed in the printing sector. It starts a photochemical reaction with ultraviolet (UV) light that results in the cross-linking of polymer chains. Rapid curing is achieved with this method with little heat production. Equipment for fully automatic UV curing comes in a variety of forms, including portable, desktop box, and huge drive.
According to projections, the market for fully automatic UV-curing equipment will increase from USD 2.02 billion in 2021 to USD 3.06 billion in 2031, at a compound annual growth rate (CAGR) of 6.1%.
Concerns about UV light safety are a major barrier to the market's expansion for fully automatic UV-curing equipment. Skin cancer, eye damage (including cataracts), and immune system suppression can all result from prolonged exposure to UV radiation. As a result, everyone operating this equipment is obliged to wear protective clothing such gloves, masks, and goggles. Additionally, in order to prevent any health risks, these devices must be positioned in well-ventilated places. These elements might prevent this market from expanding during the anticipated time frame. But as technology has developed, producers are releasing UV-curing devices with safety features like automatic shut-off when the door is opened. This will lessen the health risks connected to these devices and open up potential for market expansion during the projection period.
COVID-19 Impact and Market Status
The COVID-19 pandemic has significantly altered the global growth patterns of many different businesses. The pandemic has had a particularly negative impact on the manufacturing and construction sectors, which is evident in the expansion of the market for fully automatic UV-curing equipment. However, many nations are now opening up their economies, and manufacturing and construction activity are accelerating, thus it is anticipated that the industry will have a rebound in the upcoming years.
Desktop Box Type to Propel Market Growth
The desktop box type category held the largest market share in 2020. The growing need for portable UV curing devices that can be set up on a desk or workbench is expected to propel this market's growth.
Growing Construction Industry is Enhancing the Market Growth
Since construction materials have a lot of advantages, such as not containing volatile organic chemicals, curing quickly, and being moisture resistant, these materials are the main uses for UV curing equipment. The growing construction industry is expected to enhance demand for UV curing equipment in the building materials application area. UV curing systems are also extensively employed in the printing industry because of their enhanced print quality and faster print speeds. High-speed digital presses that can print up to 10,000 sheets per hour have been produced as a result of technical advancement. UV curing equipment is become more essential for the printing industry.
Asia-Pacific to Pull the Market Further
During the projected period, the market for fully autonomous UV-curing equipment is anticipated to develop at the quickest rate in Asia Pacific. This is a result of the packaging industry's rising need for UV curable inks and coatings in nations like China, India, and Japan. Additionally, the market for fully autonomous UV-curing equipment in Asia Pacific is expanding as a result of the region's rapid growth in the 3D printing sector.
Heraeus Holding GmbH, Henkel AG & Co. KGaA, Hernon Manufacturing, Inc., Illinois Tool Works Inc, Ist Metz GmbH, Konica Minolta, Inc., Nordson Corporation, Pierce Electronics LLC, and Royal Adhesives & Sealants LLC are a few of the major companies profiled in this domain.
Latest Innovations in the Global Fully Automatic UV-Curing Equipment Market: A Snapshot
• In September 2019, Tekna Plasma Systems, Inc., a top supplier of plasma surface treatment solutions for advanced industrial applications, was purchased by Nordson Corporation . The acquisition helped Nordson solidify its position in the surface treatment industry and broaden its line of products.
• In November 2018, A new UV-curable inkjet ink was introduced by Hanovia Ltd. and is intended for use in commercial applications such packaging, labelling, and decoration. With this launch, the business was able to gain more clients and grow its market share for fully automatic UV-curing equipment globally.
Fully Automatic UV-Curing Equipment Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2031||USD 3.06 billion|
|Growth Rate||CAGR of 6.1 % during 2021-2031|
|Segment Covered||by Type, By Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||Heraeus Holding GmbH, Henkel AG & Co. KGaA, Hernon Manufacturing, Inc., Illinois Tool Works Inc, Ist Metz GmbH, Konica Minolta, Inc., Nordson Corporation, Pierce Electronics LLC, and Royal Adhesives & Sealants LLC|
Key Segments of the Global Fully Automatic UV-Curing Equipment Market
Type Overview (USD Billion)
- Desktop Box Type
- Large Drive Type
Application Overview (USD Billion)
- Building Materials
- Printing Industrial
- Electronics Industrial
- Manufacturing Industrial
Regional Overview (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa
- South Africa