UV Curing System Volume Forecast：2024 UV LED Curing Application Market Size

2024, UV LED Curing Application Market is expected to continue growing, according to an industry research report by Mordor Intelligence, the UV-A LED market volume is estimated to reach USD 760 million in 2024 and is projected to grow at a CAGR of 34.83% between 2024 and 2029, with the market volume by 2029 to reach USD 3.39 billion by 2029. This growth trend reflects the wide adoption and rapid technological advancement of UV LED curing technology in several fields.

The application of UV LED curing technology in industries such as printing, coatings, and adhesives is gaining attention due to its high efficiency, energy saving, and environmentally friendly characteristics. Moreover, growth in the application of UV LED curing systems is also a key factor driving the market growth. Asia Pacific is expected to hold a significant share of the market due to the presence of key vendors and growing demand for UV-A LEDs.

The report by TrendForce states that the UV LED market is expected to continue to grow in terms of value by 2024, and this growth is attributed to the adoption of UV-A LEDs in the market as well as their integrated use in the industry. The report also mentions that UV-A LEDs have product featured advantages over UV mercury lamps.

Furthermore, according to the report by Maitland Ventures Industry Research Institute, the global and Chinese UV LED Curing Lamps market size will continue to expand in 2024, focusing on the product features, product specifications, and the price and market share of different product specifications of the key manufacturers. Key manufacturers mentioned in the report include Futansi, Dymax, Unisho America Inc and others, which hold a significant position in the global market and drive the development of UV LED curing technology.

In conclusion, the UV LED curing application market exhibits strong growth potential by 2024, especially in the UV-A LED segment, which is expected to grow significantly, with Asia Pacific expected to be the largest market. With continuous technological advancement and expansion of application areas, UV LED curing technology is expected to achieve wider market penetration in the coming years.