Press release
Safety Light Curtain Industry Projected to reach 1080 Million US$ by 2025
In terms of production side, this report researches the Safety Light Curtain capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Safety Light Curtain by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Safety light curtains are usually installed away from the points of hazardous operation. These curtains are mainly deployed to prevent injuries and other occupational hazards in industrial settings. These light curtains detect the entry of people or workers into a hazardous area and automatically trigger the shut down the machinery.
APAC is expected to hold the largest share of the safety light curtain market by 2023. APAC comprises countries such as China, Japan, India, and South Korea. China is among the fastest-growing economies in APAC, and also is one of the biggest manufacturing hubs in the region. China specializes in the mass production of almost every product catering to industries such as automotive, semiconductor, electronics, chemicals, food & beverages, and healthcare, followed by India, which is also a major economy in APAC. Japan is a smaller country with respect to land size, but is responsible for huge production output and energy consumption. South Korea has vast automotive and semiconductor manufacturing industries. These factors are driving the growth of the safety light curtain market in APAC.
The Safety Light Curtain market was valued at 760 Million US$ in 2017 and is projected to reach 1080 Million US$ by 2025, at a CAGR of 4.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Safety Light Curtain.
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This report includes the following manufacturers; we can also add the other companies as you want.
Keyence
Omron
Rockwell
Sick
Pepperl + Fuchs
Banner Engineering
Panasonic
Schneider
Datalogic
Leuze Electronic
Smartscan
Rockford Systems
Reer
Orbital Systems (Bombay)
ISB
Market Segment by Product Type
Type 2
Type 4
Market Segment by Application
Automotive
Semiconductor & Electronics
Food & Beverages
Healthcare
Others
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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