1. Home
  2. > Automotive Market Trends
Safety Light Curtain Market by Safety Level Type, Component, Resolution, Application, Industry and Geography - Global Forecast to 2027

Safety Light Curtain Market by Safety Level Type, Component, Resolution, Application, Industry and Geography - Global Forecast to 2027

  • July 2022
  • 197 pages
  • ID: 5219037
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

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. Rise of digital platforms in manufacturing is driving the market for safety light curtain.The growing adoption of automated and digital technologies, the increasing penetration of robots in the packaging industry, and stringent safety standards that manufacturers must adhere to are all driving market growth. Furthermore, the inability of safety light curtain to protect from secondary hazards; and need for regular maintenanceare major restraints to the market.

Asia Pacific to dominate the safety light curtain market for automotive industry from 2022 to 2027
Asia Pacific is expected to dominate the safety light curtain market for the automotive industry during the forecast period.It is expected to grow at the highest CAGR from 2022 to 2027.

The automotive industry plays a major role in the growth of developing economies such as India, China, and Brazil.According to the Organization Internationale des Constructeursd’Automobiles (OICA), the automotive market registered a growth of ~6% in Asia Pacific (in terms of sales of new vehicles).

Further, according to OICA, from 2020 to 2021, the increase in registration or sales of new vehicles (of all types) in India was ~4% year-on-year and reached 26.3 million vehicle units. These numbers indicate that the automotive industry in India is on the rise, supporting the growth of the safety light curtain market for the automotive industry in the country.

Robotics segment is expected to dominate the safety light curtain market throughout the forecast period
The robotics application is expected to account for the largest size of the safety light curtain market throughout the forecast period.The safety light curtains with resolution ranging from 25mm to 90mm include hand and arm detection are generally deployed in robotics application; this specification is available for both type 2 and 4 safety light curtains.

Besides, the stringent safety regulations associated with robot deployment at workplaces are fueling the demand for safety light curtains.The increasing deployment of robots in various industries, such as automotive, semiconductor & electronics, and food & beverage, is propelling the segment’s growth.

Safety light curtain market in Asia Pacific region to register highest CAGR between 2022 and 2027
The safety light curtain market in Asia Pacific is expected to grow at the highest CAGR during the forecast period.Further, Asia Pacific is also expected to account for the largest share of safety light curtain market throughout the forecast period.

Asia Pacific accounted for ~40% of the safety light curtain market in 2021.The region is a major provider as well user of safety light curtain technology and is expected to provide ample growth opportunities for the safety light curtain providers in the market.

Asia Pacific has been a major contributor to the growth of the overall safety light curtain market as the region is emerging as an important hub for automobile manufacturing. In addition, the presence of major safety light curtain OEMs in the region such as OMRON (Japan), KEYENCE (Japan), and IDEC (Japan) further boosts the adoption of safety light curtains in Asia Pacific.

Breakdown of primaries
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the safety light curtain market space. The break-up of primary participants for the report has been shown below:
• By Company Type: Tier 1– 30%, Tier 2– 40%, and Tier 3 – 30%
• By Designation: C-level Executives– 45%, Directors– 35%, and Others – 20%
• By Region:North America–30%,Europe– 30%, Asia Pacific – 25%,and Rest of the World– 15%
Key players in the safety light curtain market are OMRON (Japan), KEYENCE (Japan), SICK (Germany), Rockwell Automation (US), Pepperl+Funch (Germany), Panasonic (Japan), Schneider Electric (France), Datalogic (Italy), Banner Engineering (US), Balluff (Switzerland), Smartscan (UK), Leuze Electronic (Germany), ABB (Switzerland), EUCHNER (Germany), IDEC (Japan), Pilz(Germany), ifm electronic (Germany), WenglorSensoric (Germany), Schmersal (Germany), Rockford Systems (US), Contrinex (Switzerland), Orbital Systems (India), Pinnacle Systems (US), HTM Sensors (US), and ISB (Canada).

Research Coverage:
The report describes the detailed information regarding the major factors such as drivers, restraints, challenges, and opportunities influencing the growth of the safety light curtain market.It also includes value chain analysis and pricing analysis.

This research report categorizes the safety light curtain market based on safety level type, component, resolution, application, industry, and region. A detailed analysis of the key industry players was carried out to provide insights into their business overviews; products/solutions offered; key strategies adopted that include new product launches, deals (acquisitions, andpartnerships), and others (expansions) insafety light curtain market.

Key Benefits of Buying the Report

The report would help leaders/new entrants in this market in the following ways:
1. This report segments the safety light curtain market comprehensively and provides the closest market size projection for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product developments and launches, partnerships, and mergers & acquisitions.
4. The analysis of the top 25 companies, based on market share/rank as well as the product footprint will help stakeholders visualize the market positioning of these key players.
5. Value chain analysis, and pricing analysis that will shape the market in the coming years has also been covered in this report.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

MOSFET Relay Market by Voltage, Application - Global Forecast to 2030

  • $ 4950
  • January 2023
  • 191 pages

The MOSFET relay market is projected to reach USD 474 million by 2030 from an estimated of USD 237 million in 2022, at a CAGR of 9.1% during the forecast period. MOSFET relay meets the low-level voltage ...

  • World
  • APAC
  • Automotive
  • Renewable Energy
  • Industry analysis
  • Energy Consumption
  • Energy Supply

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on