Safety Light Curtain Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025

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Safety Light Curtain Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025

Status : May, 2020 | Semiconductor & Electronics | PPT format

Report Digest


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.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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