The Global Safety Light Curtains Market 2018 Industry Research Report – Global Forecast to 2023, is latest research report on Global the safety light curtains market published by Market Research Future. Report provides comprehensive information on safety light curtains market forecast, historic data, with business development strategies, upcoming opportunities, and regional outlook. safety light curtains market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
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The prominent players operating the global safety light curtains market are Pinnacle Systems (U.S.), Leuze electronic (Germany), Carlo Gavazzi Holding (Switzerland), Banner Engineering (U.S.), Panasonic Electric Works (Japan), Datalogic (Italy), Keyence (Japan), Pepperl+Fuchs (Germany), OMRON Corporation (Japan), ReeR (Italy), K.A. Schmersal Holding (Germany), Sick (Germany), and Rockwell Automation (U.S.).
The global safety light curtains market is presumed to garner USD 1190 million during the forecast period (2017-2023). The global market is anticipated to demonstrate 5% CAGR owing to the emergence of industrial revolution 4.0, asserts Market Research Future (MRFR). Safety lights are referred to as optoelectronic devices that are installed in the factories in order to ensure safety of the personnel in areas during running time of machinery. They are implemented as a substitute for mechanical barriers and other forms of machine guarding. Owing to such features, safety lighting curtains eradicate the need for any manual intervention, guards, and barriers, which further decreases the labor cost.
Drivers and Constraints Impacting the Market
Light curtains are pre-set to small resolutions that emit thin outline of beams in order to detect a hand or a finger. It enables the safety system in order to respond instantly whenever the system is tripped. Cost-effective solutions and are reliable; safety light curtains protect against hazardous points of operations. They identify the series of interruptions to one or multiple light beams bounded to a sensor field. Such features make safety light curtains suitable for point-of-operation protection. With the emergence of industrial revolution 4.0, rising number of accident cases in industries, and growing demand for safety light curtains in F&B, especially in the packaging industry, the global safety light curtains market is anticipated to propel. Moreover, providers are highly focusing on research and development investments for further improvement, which is likely to augment the market during the review period. For instance, Omron Corporation, in June 2018 collaborated with Cisco Systems G.K. in order to strengthen their grip in the manufacturing industry.
On the flip side, the constant maintenance and repair services are considered to impede the market during the assessment period.
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Global Safety Light Curtains Market: Segmental Analysis
The global safety light curtains market has been segmented on the basis of resolution, components, end-users, and safety level.
By mode of component, the global safety light curtains market has been segmented into photoelectric cells, light emitting diodes, displays, control units, and enclosures.
By mode of resolution, the global safety light curtains market has been segmented into 9-24 mm, 25-90mm and more than 90 mm. Among these, the demand for devices with 25mm to 90mm resolution is expected to expand at a considerable growth due to high efficiency and low costs.
By mode of safety level, the global safety light curtains market has been segmented into type 2 and type 4. Among these, the type-2 curtains segment accounts for the major shares and are widely deployed in small assembly equipment, automated production equipment, table-top robotic work cells, small packaging machines, pick-and-place machines, supplemental safeguarding, and equipment protection. Moreover, the cost-saving benefits of type-2 safety curtains are also likely to influence the growth of the market.
By mode of end-users, the global safety light curtains market has been segmented into food & beverages, automotive, healthcare, semiconductors & electronics, and others. Among these, the automotive industry is projected to hold the major share due to the wide range of applications such as assembly/disassembly, presses, and material handling.
Geographically, the global safety light curtains market span across regions namely, Asia Pacific, North America, Europe, and the Rest-of-the-World (RoW).
Among all the regions, the Asia Pacific region is considered to exhibit a significant growth rate owing to the presence of leading regions such as Japan, India, China, and South Korea. The growth is mainly attributed to the rapidly expanding manufacturing sector, especially the semiconductor and the electronics sector.
The North American region is considered to expand at a substantial rate and is expected to maintain its dominance in the coming years. The growth is mainly attributed to the augmenting industrial automation.
Europe is augmenting during the review period owing to the rapidly expanding industrial automation. Moreover, Germany has a strong value chain with a number of small and large companies, thus providing a huge scope for the safety light curtains technology to expand.
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