Summary
Major players in the safety light curtain market are Banner Engineering, Datalogic S.p.A., Keyence Corporation, Leuze Electronic, Omron Corporation, Panasonic Corporation, Rockwell Automation, Inc., SICK AG, Carlo Gavazzi Holding, A. Schmersal Holding, Pepperl+Fuchs, ReeR, Schneider Electric, and Pilz GmbH & Co. KG.
The global safety light curtain market is expected to grow from $1.55 billion in 2022 to $1.66 billion in 2023 at a compound annual growth rate (CAGR) of 6.94%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The safety light curtain market is expected to reach $2.17 billion in 2027 at a CAGR of 6.92%.
The safety light curtain market consists of sales of display and enclosures.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers.
The value of goods in this market includes related services sold by the creators of the goods.
The safety light curtain is a detecting tool to guard against personnel harm. Safety light curtains use redundant signals to check themselves and automatically turn off the hazard.
Asia-Pacific was the largest region in the safety light curatin market in 2022.North America is the second largest market.
The regions covered in the safety light curatin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main safety levels of the safety light curtain are type 2 and type 4.Type 2 safety light curtains that are a simple but monitored safety function device; the safety function is monitored through timely tests that break the output when a fault develops.
The components are photoelectric cells, light-emitted diodes (LEDs), control units, and other components. The applications include packaging, material handling, robotics, and other applications. the end-user industries include manufacturing, food, and beverages, healthcare, packaging, and other end users.
Increasing mortality rates due to occupational hazards in developing countries will boost the demand for safety light curtain devices.The mortality rate is the number of deaths (generally speaking, or those brought on by a specific cause) in a specific population scaled to that population’s size per unit of time.
Safety light curtains create a detecting screen that guards machine access points and perimeters, preventing both human injury and machine damage.The demand for safety light curtains is increasing due to a rising need for safety measures to decrease the mortality rate.
For instance, in September 2020, WHO estimated that almost 2 million people die from work out of which occupational deaths caused 19% of death around 360,000 deaths. Therefore, an increased mortality rate is anticipated to fuel the growth of the safety light curtain market in the upcoming years.
Advancements in safety light curtains to boost market prospects is a key trend gaining popularity.America and Europe region is being supported by the presence of several leading players in the regions and the various advancements taken by them to expand market presence.
For instance, in 2022, SICK German-based manufacturer of sensors and sensor solutions, introduced the deTec4 Prime safety light curtain, which includes an integrated laser alignment help that emits a visible laser and reduces setup and readjusting time.The deTec4 Prime can be configured utilizing four distinct M12 system plugs without a computer using up to three pairs of light curtains connected using standard M12 connectors to cascade guard various sides of a machine.
The deTec4 safety light curtains are electro-sensitive protection equipment that complies with IEC 61508, SIL3, and performance level "e" according to EN ISO 13849. The deTec4 Prime is strong enough to withstand even the most demanding conditions, and with a scanning range of 21 m and a resolution of 30 mm, it offers dependable protection for a variety of machine types.
In March 2021, Datalogic, an Italy-based company operating in automatic data capture and process automation markets, acquired M.D. Micro Detectors S.p.A., for an undisclosed amount. This acquisition allows the Datalogic Group to expand its product lineup with inductive and ultrasonic sensors, with uses in various industries, including electronics, pharmaceuticals, logistics, and automotive. These sensors have applications in the industrial automation market. M.D. Micro Detectors S.p.A. is an Italy-based company operating in design, production, and sale of industrial sensors.
The countries covered in the Safety Light Curtain market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The safety light curtain market research report is one of a series of new reports that provides safety light curtain market statistics, including safety light curtain industry global market size, regional shares, competitors with a safety light curtain market share, detailed safety light curtain market segments, market trends and opportunities, and any further data you may need to thrive in the safety light curtain industry. This safety light curtain market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
