Global Safety Light Curtains Market is expected to grow from USD 943.02 Million in 2019 to USD XX Million by 2026, at a CAGR of XX %. (Detailed analysis of the market CAGR is provided in the report).
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global Safety Light Curtains Market is segmented on the basis of Safety Level Type, Component, Resolution, Industry, and Geography. Rising incidents of accidents in industries, growing demand for safety light curtains in various industries such as automotive, healthcare, and food and beverages, and rise in industrial automation are the major factors driving the growth of the Global Safety Light Curtains Market.
However, the requirement of regular maintenance of safety light curtains and inability of safety light curtains to protect from secondary hazards are the key restraining factors for the market growth.
Further key findings from the report:
- From the safety level type segment, type-2 curtains held the largest share of the Global Safety Light Curtains Market. Type-2 curtains are widely used in table-top robotic work cells, small packaging machines, supplemental safeguarding, small assembly equipment, automated production equipment, and pick-and-place machines. The cost-saving benefits of type-2 safety curtains further drive the growth of this segment
- Global Safety Light Curtains Market for 25-90mm resolution is expected to witness highest CAGR during the forecast period. The safety light curtains in the resolution range of 25-90mm are widely used for hand detection applications and for robotic machines, these safety light curtains help in keeping robotic arms safe in confined areas
- Among geographical regions, APAC is anticipated to account for the largest share of the overall Global Safety Light Curtains Market between 2019 and 2026. Owing to strong demand for consumer goods, the packaging industry in APAC is growing at a tremendous pace. Rising need for efficient control and analysis of machinery in the packaging industry is expected to propel the market for safety light curtains
- Analysis of competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Global Safety Light Curtains Market
- The objective of the report is to provide a detailed analysis of the Global Safety Light Curtains Market on the basis of safety level type, component, resolution, industry, and geography
- Complete quantitative analysis of the industry from 2019 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities
- In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
- Analysis of the Global Safety Light Curtains Market with respect to individual growth trends, prospects, and contribution to the total market
- Segment wise business performance detailed in report will be worthwhile for the organizations willing to enhance its business
- Provides detailed information regarding the major factors influencing the growth of the Global Safety Light Curtains Market (drivers, restraints, opportunities, and challenges)
- This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business
Years that have been considered for the study are as follows:
- Base Year – 2018
- Estimated Year – 2019
- Forecast Period – 2019 to 2026
For company profiles, 2018 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get the unbiased idea of the market. This exercise was done at the country level to get the fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Global Safety Light Curtains Market
Key Players in the Global Safety Light Curtains Market Are:
- Pepperl + Fuchs
- Banner Engineering
- Leuze Electronic
- OMRON Corporation
- Carlo Gavazzi Holding
- K.A. Schmersal Holding
- Leuze electronic
- Pinnacle Systems
- ReeR (Italy).
Key Target Audience:
- Safety light curtain component manufacturing companies
- System integrating companies
- Automation consultants
- Research institutes and organizations
- Government bodies, venture capitalists, and private equity firms
- Market research and consulting firms
- Enterprise data center professionals
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The Scope of the Global Safety Light Curtains Market:
Research report categorizes the Global Safety Light Curtains Market based on safety level type, component, resolution, industry, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Safety Light Curtains Market with key developments in companies and market trends.
Global Safety Light Curtains Market, By Safety Level Type:
- Type 2
- Type 4
Global Safety Light Curtains Market, By Component:
- Photoelectric Cells
- Light Emitting Diodes (LEDs)
- Control Units
Global Safety Light Curtains Market, by Resolution:
- More Than 90mm
Global Safety Light Curtains Market, By Industry:
- Food & Beverages
- Semiconductor & Electronics
Global Safety Light Curtains Market, By Geography:
- North America
- Asia Pacific
- Middle East & Africa
- Latin America
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