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Global Safety Light Curtain Market: Overview
There has always been a constant urge from various industries to automate their processes and extract greater efficiency. While industrial automation aids in easing the repeated tasks as well as makes better use of resources, resulting in improved products, it is also escalating the need for stronger safety measures. In this scenario, the market for safety light curtains is flourishing. These curtains are reliable and cost effective, provide protection at hazardous areas, and can be easily integrated to different machine functions through safe control solutions. Safety light curtains offer robust resistance from special ambient conditions and the market for the same will continue to grow at a notable CAGR during the forecast period of 2017 to 2025.
Global Safety Light Curtain Market: Key Trends
As highlighted earlier, the relentless efforts from industries to automate their manufacturing processes is driving the demand in the global safety light curtain market. Vendors operating in the sectors pertaining to pharmaceutical, metal and materials, oil and gas, food and beverages, packaging, and automotive have realized the increasing number of accidents as a result of malfunction at the workplace. To ensure safety during activities such as assembling of products, storing, packaging and processing, robotic technology is now being used, which in turn increases the need for safety checks without human interference. These safety light curtains come with digital indicators that enables the industry players to adjust beams and can detect accumulation of dirt. And, thereby, improving the quality of work and eventual products.
Rise in industrial revolution 4.0, radical growth of the packaging industry, and government mandates for safety regulations are some of the other factors driving the global safety light curtain market. On the other hand, inability of these curtains to provide for a secondary protective layer, need to regularly maintain them, lack of awareness regarding the benefits offered by these curtains, and highly competitive scenario are a few factors obstructing the prosperity of the global safety light curtain market. Nevertheless, the stockholders connected to the value chain of this market will continue to gain new opportunities by developing digital indicators and focus on the emerging economies in the region of APAC.
Global Safety Light Curtain Market: Market Potential
The advent of presence sensing device initiation (PSDI) and the prosperity of the automotive industry, particularly with the emergence of electric vehicles, are two factors adding substantial futuristic potential to the market for safety light curtain. PSDI can be applicable wherever repeated machine loading and unloading is required, metal restructuring processes such as bending, stamping, punching, folding, and welding, and large scale production in electronic industries.
Global Safety Light Curtain Market: Regional Outlook
Being the manufacturing hubs in Asia Pacific, the most profitable region in the market for safety light curtain, China and India are expected to drive the demand throughout the forecast period. China in particular specializes in mass production of various products and components for industries such as automotive, electronics, semiconductor, healthcare, and food and beverages. Robust demand for consumer goods owing to vast population base, growing awareness regarding the efficient controls and constant analysis of manufacturing processes, and favorable government policies are some of the other factors favoring the Asia Pacific safety light curtain market.
Global Safety Light Curtain Market: Competitive Analysis
The overall shares in the global safety light curtain market is divided among a large pool of players who all offer products with desired features. In the near future, innovation will decide who stays ahead of the curve. OMRON, KEYENCE, Pepperl+Fuchs, SICK, and Rockwell Automation are some of the key companies of this market.
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The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
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Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.
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