0

Safety Light Curtains Market by Type and Geography - Forecast and Analysis 2020-2024

  • Published: Aug 2020
  • Pages: 120
  • SKU: IRTNTR44688
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The safety light curtains market size has the potential to grow by USD 188.71 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by type (type-4 and type-2) and geography (APAC, North America, Europe, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Banner Engineering Corp., Datalogic Spa, Keyence Corp., Leuze electronic GmbH + Co. KG, OMRON Corp., Panasonic Corp., Pepperl+Fuchs AG, Rockwell Automation Inc., Schneider Electric SE, and SICK AG.

Market Overview

Safety Light Curtains Market Size

Browse TOC and LoE with selected illustrations and example pages of Safety Light Curtains Market

Request a FREE sample now!

Market Competitive Analysis

The market is fragmented. The market consists of several globally diverse, local, and regional players who compete based on product differentiation and innovations. The vendors in this marketspace are increasing their focus on enhancing the safety features in their product offerings which will aid in bringing down industrial accidents and fatalities. Banner Engineering Corp., Datalogic Spa, and Keyence Corp. are some of the major market participants. Although the rise in industrial automation will offer immense growth opportunities, the slowdown in manufacturing industry will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this safety light curtains market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this safety light curtains market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Banner Engineering Corp.
  • Datalogic Spa
  • Keyence Corp.
  • Leuze electronic GmbH + Co. KG
  • OMRON Corp.
  • Panasonic Corp.
  • Pepperl+Fuchs AG
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • SICK AG

Safety Light Curtains Market: Segmentation by Geography

Safety Light Curtains Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

APAC was the largest safety light curtains market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The packaging industry is one of the fastest-growing sectors in APAC due to the strong demand for consumer goods. The awareness on the need for the efficient control and analysis of the machinery in the packaging industry that can be achieved by installing safety light curtains will significantly drive safety light curtains market growth in this region over the forecast period.

43% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for safety light curtains in APAC. Market growth in this region will be faster than the growth of the in regions.

Safety Light Curtains Market: Segmentation by Type

Safety Light Curtains Market Segmentation

Request for a FREE sample and Get more information on the market contribution of various segments

The type-2 curtains are widely deployed in small assembly equipment, table-top robotic work cells, automated production equipment, pick-and-place machines, small packaging machines, equipment protection, and supplemental safeguarding. Additionally, the cost-saving benefits of type-2 safety curtains will also contribute to the growth of this market segment in the coming years. However, the market growth in this segment will be slower than the growth of the market in the type-4 segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the safety light curtains market size.

Safety Light Curtains Market: Key Drivers and Trends

Market research analysts at Technavio predict that the global safety light curtains market will grow steadily at a CAGR of over 3% by 2024. This market research analysis identifies the rise in industrial automation as one of the primary growth factors for this market growth. Industrial automation facilitates the performance of monotonous tasks and better allocation of resources and also improves the quality of the products manufactured. The higher the deployment of automation across the industries, the greater will be the deployment of safety equipment such as safety light curtains, which will subsequently impact market growth in the coming years.

The presence of digital indicators in safety light curtains is one of the latest trends that will gain traction in the safety light curtains market in the coming years. Safety light curtains that include digital indicators aid in the proper adjustment of beams and enable work quality control during the installation of the device. These indicators also alert on the accumulation of dirt on the detection surface, which helps in determining the work quality control during installations. The integration of digital indicators in safety light curtains will also encourage manufacturers to innovate and differentiate their products, driving sales.

Event-Tickets-Market-Report

Request for a FREE sample

Safety Light Curtains Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive safety light curtains market growth during the next five years
  • Precise estimation of the safety light curtains market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the safety light curtains industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of safety light curtains market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five force summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Type-4 - Market size and forecast 2019-2024
  • Type-2 - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Banner Engineering Corp.
  • Datalogic Spa
  • Keyence Corp.
  • Leuze electronic GmbH + Co. KG
  • OMRON Corp.
  • Panasonic Corp.
  • Pepperl+Fuchs AG
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • SICK AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
Safety Light Curtains market growth will increase by $188.71 million during 2019-2024.
The safety light curtains market is expected to grow at a CAGR of 3.45% during 2019-2024.
Technavio has segmented the safety light curtains market by type (Type-4 and Type-2) and geographic (APAC, North America, Europe, South America, and MEA).
Banner Engineering Corp., Datalogic Spa, Keyence Corp., Leuze electronic GmbH + Co. KG, OMRON Corp., Panasonic Corp., Pepperl+Fuchs AG, Rockwell Automation Inc., Schneider Electric SE, SICK AG are a few of the key vendors in the safety light curtains market.
APAC will register the highest growth rate of 42.71% among the other regions. Therefore, the safety light curtains market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the safety light curtains market growth are:
  • Rise in industrial automation
The safety light curtains market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>