A recent report published by Infinium Global Research on safety
light curtain market provides an in-depth analysis of segments and sub-segments in
the global as well as regional safety light curtain market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional safety light curtain market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of global safety light curtain market. According to the report,
the global safety light curtain market is projected to grow at a CAGR of 7.49%
over the forecast period of 2019-2025.
Safety light curtains are an advanced method of safeguarding
employees around many hazardous machines. Safety light curtains deliver
flexibility, freedom and reduced operator fatigue when compared with guarding
methods such as sliding gates and pull-back restraints, mechanical barriers. A
most important application of safety light curtain relays is in automation
industries dealing with robotic cell set up. Occupational Safety and Health Act
(OSHA) and the American National Standards Institute (ANSI) are the standards
used for the safety of the worker.
Increasing demand for safety curtains in the manufacturing
industry due to the growing need of the safety system for the safety of
workers. Increasing adoption and demand due to growth in the culture of
Industry 4.0. boost the growth of the global safety light curtain market.
Stringent government regulation for the safety of workers fuels the growth of
the global safety light curtain market. On the other hand, the high cost for
the maintenance of the safety light curtains may hamper the growth of the
global safety light curtain market. Furthermore, infrastructural development
across the globe creates an opportunity for the growth of the global safety
light curtain market. Implementation of safety light curtains with digital
indicators creates an opportunity for the growth of the global safety light
curtains market.
Geographically, the Asia-Pacific region dominates by the largest
market share in the safety light curtain robots market due to the increasing
industrial sector and growing demand in the automobile industry boost the growth
in the market. In the Asia-Pacific, China holds the largest market share
followed by Japan and India. Increasing industrial sector and growing demand in
the automobile industry boosts the growth of the market in the Asia-Pacific
region. North America holds the second position in the global safety light
curtain market. In North America, the U.S holds the highest market share
followed by Canada and Mexico.
The report on global safety light curtain market covers segments
such as safety type, component, and end user. On the basis of safety type, the
sub-markets include type 2, and type 4. On the basis of component, the
sub-markets include light emitting diode (LEDs), display units, photoelectric
cells, and other components. On the basis of end user, the sub-markets include
manufacturing, electronics and semiconductor, automotive, and other end users.
The report provides profiles of the companies in the market such
as Rockwell Automation Inc., Omron Corporation, Schneider Electric SE, KEYENCE
CORPORATION, Panasonic Corporation, Datalogic S.p.A., SICK AG, Leuze electronic
GmbH + Co. KG, Banner Engineering Corp., Balluff GmbH, and Other Companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of safety light curtain
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.
Please Choose One of them.