Uv Curing System Market

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Uv curing system market. The north american region is the largest market for uv curing systems with the largest share of 36 in 2019 and is expected to lead the market for a few years. Government is also encouraging sale of electric car by giving discounts and providing incentives due to the decreasing. The latest survey on global uv curing system market is conducted covering various organizations of the industry from different geographies. Global ultraviolet uv curing system market valued 1 4 billion in 2018 and is expected to register a cagr of 8 8 during the forecast period.
Uv curing systems market is expected to grow us 2 409 8 million by 2025 from us 1 163 4 million in 2017 segmented into various types of applications such as bonding assembling coating finishing and printing for different sectors such as automotive healthcare electronics and others. The report on uv curing system market offers a comprehensive analysis of this business sphere elucidating the key growth indicators opportunities and limitations to assist companies with effective decision making for further business expansion. Sep 27 2020 the expresswire global uv curing system market 2020 2026 status and position of worldwide. 71 9 1 introduction table 27 uv curing system market by application 2017 2025 usd million 9 2 printing 9 2 1 market for printing is expected to grow at highest cagr during forecast period table 28 uv curing system market for printing by technology 2017 2025 usd million.
The uv curing systems market of north america is majorly driven by the u s owing to increasing demand for electric vehicle. Tesla one of the major car electric manufacturer sells nearly 6 500 electric car every month in u s. Uv curing system market size and forecast. The market is driven by the growing demand for products such as consumer electronics automobiles and healthcare devices across the world.
9 uv curing system market by application page no. The uv curing system market in north america projected to hold the largest share in 2019.