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.
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