Safety light curtain market for Type 4 to grow at highest CAGR during forecast period

Safety light curtain market for Type 4 to grow at highest CAGR during forecast period

The market for Type 4 safety light curtains is expected to grow at the highest CAGR during the forecast period. The control unit in a type 4 safety light curtain is more technologically advanced than that in a type 2 safety light curtain. This boosts the growth of the Type 4 safety light curtain market in the near future. The applications of type 4 safety light curtains are determined on the basis of risk assessment; they are recommended in areas wherein risks are moderate to high.

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Robotics is expected to hold largest share of safety light curtain market during the forecast period

Advancements in robotics have enhanced productivity and made its application in various manufacturing industry cost-effective and safer. As the manufacturing industry includes pharmaceuticals and food & beverages, the robotics involved in these industries are frequently exposed to water and other liquids. In these industries, wash down safety light curtains are used for protection. Thus, the growing use of robotics is enhancing the growth prospects of the light safety curtain market.
APAC to dominate the safety light curtain market during the forecast period

China is among the fastest-growing economies in APAC, and also one of the largest manufacturing hubs in the region. The industrial robotics market in China is vast and is growing consistently. China is implementing robotics in various industries and exporting these robots worldwide. Industrial automation-related equipment and tools are developed, manufactured, and utilized on a large scale in the manufacturing industry in China. The increasing use of automation equipment and robotics is driving the growth of the safety light curtain market in this country.

This report profiles the most promising players in the market. The market is highly dynamic because of the presence of a significant number of big and small players operating in it. Key players in the market are Keyence Corporation (Japan), Omron Corporation (Japan), Rockwell Automation, Inc. (US), SICK AG (Germany), Pepperl+Fuchs (Germany), Banner Engineering (US), Panasonic Corporation (Japan), Schneider Electric (France), Datalogic S.p.A. (Italy), and Leuze Electronic (Germany), and Pilz GmbH & Co. KG (Germany).

Mr. Sanjay Gupta
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MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

This release was published on openPR.