According to Market Research Future (MRFR), the global safety light curtains market is projected to reach approximately $2.1 Billion at a 6.50% CAGR from 2022 to 2030 (forecast period). The study discusses and explores the impact of the COVID-19 outbreak on the global safety light curtains industry, including potential opportunities and challenges, strengths, and risks.
Safety
Light Curtains are optoelectronic devices mounted in the factory to ensure
workers' safety in the area during the running time of machinery. Safety light
curtains are primarily used as a replacement for mechanical barriers and other
traditional types of machine guarding. Due to
this unique feature, safety light curtains reduce the need for guards or any
manual intervention and barriers, which, in turn, reduce the labor costs of the
industry. Safety light curtains also improve the machine's durability as they
serve as a protecting agent, which in turn improves the efficiency and
operability of the machine. In addition, ANSI B11.19, IEC 61496-1/-2, ISO
138555 are some of the international standards implemented for manufacturing
light curtains.
The light
curtains are preset to a limited resolution that emits a thin outline of beams
to detect a hand or even a finger that enables the safety system to respond
immediately when the sensor is tripped. In addition, safety light curtains are
reliable and cost-effective solutions to protect against dangerous points of
operation. The safety light curtain works in such a way that the sender unit
radiates pulses of infrared light beams to the receiver unit. The light curtain
then defines a series of interruptions to one or more light beams bounded to
the area of the sensor. This makes the safety light curtains most appropriate
for point of operation protection.
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Key
Players
Some of
the key participants of the safety light curtains market include OMRON
Corporation (Japan), Carlo Gavazzi Holding (Switzerland), Panasonic Electric
Works (Japan), Banner Engineering (U.S.), Datalogic (Italy), K.A. Schmersal Holding
(Germany), Rockwell Automation (U.S.), Leuze electronic (Germany), Pinnacle
Systems (U.S.), Keyence (Japan), Sick (Germany), Pepperl+Fuchs (Germany) and
ReeR (Italy).
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Market
Segmentation
The global
safety light curtains market has been differentiated by components, resolution,
safety level, and end-users.
By
component, the global safety light curtains market has been segmented into
light emitting diodes, photoelectric cells, control units, displays, and
enclosures.
By
resolution, the global safety light curtains market has been segmented into
9-24 mm, 25-90mm, and more than 90 mm.
By safety
level type, the global safety light curtains market has been categorized as
type 2 and type 4.
On the
basis of end-users, the global safety light curtains market has been
categorized as automotive, food & beverages, semiconductors &
electronics, healthcare, and others.
Market
Dynamics
The key
drivers of the market for safety light curtains include a surge in a number of
industrial accidents, the advent of industrial revolution 4.0, and an increase
in demand for safety light curtains in the food and beverage sector. Constant
repair and maintenance services, on the other hand, are expected to be a
restraining factor for the development of the market over the forecast period.
Regional
Analysis
Geographically,
the global safety light curtains market has been segmented into four different
regions: North America, Asia Pacific, Europe, and the Rest of the World.
The Asia
Pacific is expected to have a significant rise in the market for safety light
curtains. Countries such as India, Japan, China, and South Korea are leading
the market. The development is due to the rapidly rising manufacturing sector
especially, the semiconductor & the electronics industry. Moreover, China,
known as a manufacturing hub for many industrial sectors, is expected to be a
dominant country in the Asia Pacific region. North America is also projected to
have strong demand growth over the forecast period. The development of the
market is due to the increasingly growing industrial automation.
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1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of Global Safety Light Curtains Market
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