The safety light curtain market is expected to grow from USD 1.1 billion in 2022 to USD 1.4 billion by 2027, at a CAGR of 5.8% during the forecast period. The rise of digital platforms in manufacturing industries is the major drivers for the safety light curtain market. Increased used of robots in packaging industry; and stringent workplace safety regulations further drives the safety light curtain market.
The spur in global industrialization and continuous operation of process industries have led to an increase in the risk of industrial accidents across the world. According to various government associations' statistical databases, annual industrial accidents have risen rapidly in the last decade. These incidences have prompted the need for stringent safety regulations in industries, which include the use of safety light curtains. Safety light curtains are used to minimize the risk of potential hazards to operators and personnel working in the vicinity of processing machines. Besides safeguarding workers and machines, one of the primary objectives of safety light curtains is to ensure efficiency in productivity.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=173496576
The standards of industrial safety and security vary across the world. For instance, the safety standards practiced in the US include the American National Standards Institute (ANSI), the National Fire Protection Association (NFPA), the Robotics Industries Association (RIA), and the US Occupational Safety & Health Administration (OSHA). Guidelines regarding the minimum requirements by employers to ensure safe working conditions are specifically provided by the Occupational Safety and Health Act (OSHA), and the compliance is checked by regional OSHA inspectors. Companies must follow such mandates in different countries; not doing so can result in heavy fines or lawsuits. Such stringent regulations are expected to change the business landscape by driving the growth of the safety light curtain market.
The safety light curtain market for type 4 segment is expected to at the higher CAGR during the forecast period. Technological advancements in type 4 safety light curtains in terms of their ability to continuously monitor processes in industries and provide the required results, along with the prevalence of Industry 4.0 and digital manufacturing, are driving the demand for type 4 safety light curtains. Rapid industrialization in developing countries such as China, India, and Mexico further fuel the growth of the market for type 4 safety light curtains.
The safety light curtain market for control units segment is expected to grow at the highest CAGR throughout the forecast period. A control unit controls the working of a safety light curtain; technological advancements in this component ensure more applications and better operating connectivity with other safety devices. A control unit ensures the least response time during the event of light penetration and carries out a regular check of the operating fitness of type 4 safety light curtains.
The safety light curtain market for healthcare industry is expected to grow at highest CAGR during the forecast period. Growth in the healthcare industry in Asia Pacific is supporting the growth of the safety light curtain market. The comparatively cheap labor available in Asia Pacific, compared to Europe or North America, is one of the major drivers for healthcare as well as pharmaceutical companies investing in this region to set up production plants. In addition, the presence of big healthcare companies such as Novartis (Switzerland), Fresenius Medical Care (Germany), Siemens Healthineers (Germany), B. Braun (Germany), and Smith & Nephew (UK) in the European region further propels the adoption of safety light curtains. These factors are contributing to the growth of the safety light curtain market for the healthcare industry.
Safety light curtain market for Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The major factor driving the growth of the safety light curtain market in Asia Pacific is the rapid adoption of automation in the region. The market in the region is expected to be driven by the growing demand for safety light curtains in China, Japan, South Korea, and India in the automotive, semiconductor & electronics, food & beverages, and other industries. All these factors contribute to the growth of the market in Asia Pacific thus making it a lucrative market for the safety light curtain OEMs.
The latest trending report Global Safety Light Curtain Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Safety Light Curtain market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.5% in the forecast period of 2020 to 2025 and will expected to reach USD 1087 million by 2025, from USD 946.3 million in 2019.The Safety Light Curtain market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/46330-safety-light-curtain-industry-analysis-reportThe major players covered in Safety Light Curtain are: Keyence Schneider Sick Omron Panasonic Rockwell Leuze Electronic Banner Engineering Pepperl + Fuchs Datalogic ISB Smartscan Orbital Systems (Bombay) Rockford Systems ReerBy Type, Safety Light Curtain market has been segmented into Type 2 Type 4By Application, Safety Light Curtain has been segmented into: Automotive Semiconductor & Electronics Food & Beverages Healthcare OthersThe report offers in-depth assessment of the growth and other aspects of the Safety Light Curtain market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Safety Light Curtain Market @ https://www.decisiondatabases.com/contact/download-sample-46330The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Safety Light Curtain product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Safety Light Curtain, with price, sales, revenue and global market share of Safety Light Curtain in 2018 and 2019.Chapter 3, the Safety Light Curtain competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Safety Light Curtain breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Safety Light Curtain market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Safety Light Curtain sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Safety Light Curtain Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-46330Other Reports by DecisionDatabases.com:Global Strip Curtains Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Plastic Strip Curtains Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Commercial Use Air Curtain Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
The Safety Light Curtain Market was valued at USD 865.5 Million in 2016 and is expected to grow at a CAGR of 4.4% between 2017 and 2023.
The base year considered for the study is 2016, and the forecast period is between 2017 and 2023.The increasing demand for safety light curtains is owing to their wide use in various industries such as automotive, food & beverages, and healthcare.
Safety light curtains help in ensuring the safety of workers working on machines carrying out activities such as pressing, cutting, and welding, among others.
The major factors the growth of the safety light curtain market include the increasing incidents of accidents in industries; rise in industrial revolution 4.0; and rising need for safety light curtains in the packaging industry powered by robotics; among others.The objective of the report is to provide a detailed analysis of the safety light curtain market on the basis of safety level, component, resolution, industry, and geography.
The report provides detailed information regarding the major factors influencing the growth of the safety light curtain market.Get PDF Brochure: https://www.marketsandmarkets.com/requestsampleNew.asp?id=173496576Key Target AudienceAutomation companiesEnd-user companiesSystem integrating companiesSafety light curtain component manufacturing companiesSafety light curtain providersAutomation consultantsResearch organizations and consulting companiesTechnology investorsTechnology standard organizations, forums, alliances, and associations The market for control units is expected to grow at a high rate between 2017 and 2023.
The control unit in a safety light curtain controls the actions of infrared light transmitting LEDs and infrared light receiving photoelectric cells and sends out signals according to the events.
