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Safety Light Curtain Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Outlook, Competitive Landscape

06-14-2024 05:55 PM CET | Energy & Environment

Press release from: The Business research company

Safety Light Curtain Market Report 2024-2033: Size, Share,

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Safety Light Curtain Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2.41 billion In 2028 At A CAGR Of 7.7% :
The safety light curtain market size has grown strongly in recent years. It will grow from $1.67 billion in 2023 to $1.79 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to industrialization boom, early safety regulations, worker safety awareness, evolving manufacturing practices, labor union advocacy.

The safety light curtain market size is expected to see strong growth in the next few years. It will grow to $2.41 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing demand for customized solutions, focus on preventive maintenance, flexible manufacturing needs, increasing awareness about occupational hazards, global expansion of end-user industries, . Major trends in the forecast period include training and education, environmental resistance, technological convergence, innovation in design and functionality.

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Safety Light Curtain Market Major Segments
The safety light curtain market covered in this report is segmented -
1) By Safety Level: Type 2, Type 4
2) By Component: Photoelectric Cells, Light Emitted Diodes (LEDs), Control Units, Other Components
3) By Application: Packaging, Material Handling, Robotics, Other Applications
4) By End-Use Industry: Manufacturing, Food And Beverages, Healthcare, Packaging, Other End Users Industries

Key Driver - Rising Mortality Rates Drive Demand For Safety Light Curtains In Developing Countries

Increasing mortality rates due to occupational hazards in developing countries will boost the demand for safety light curtain devices. The mortality rate is the number of deaths (generally speaking, or those brought on by a specific cause) in a specific population scaled to that population's size per unit of time. Safety light curtains create a detecting screen that guards machine access points and perimeters, preventing both human injury and machine damage. The demand for safety light curtains is increasing due to a rising need for safety measures to decrease the mortality rate. For instance, in December 2022, according to Bureau of Labor Statistics, a US-based government agency, in 2021, there was a 5.6 percent increase in work-related fatalities due to falls, slips, and trips, rising from 805 fatalities in 2020 to 850. Within construction and extraction occupations, the number of fatalities in 2021 reached 370, indicating a 7.2 percent increase compared to the 345 fatalities reported in 2020. Therefore, an increased mortality rate is anticipated to fuel the growth of the safety light curtain market in the upcoming years.

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Prominent Trend - Product Innovations Transforming The Safety Light Curtain Market
Advancements in safety light curtains to boost market prospects is a key trend gaining popularity. America and Europe region is being supported by the presence of several leading players in the regions and the various advancements taken by them to expand market presence. For instance, in 2022, SICK German-based manufacturer of sensors and sensor solutions, introduced the deTec4 Prime safety light curtain, which includes an integrated laser alignment help that emits a visible laser and reduces setup and readjusting time. The deTec4 Prime can be configured utilizing four distinct M12 system plugs without a computer using up to three pairs of light curtains connected using standard M12 connectors to cascade guard various sides of a machine. The deTec4 safety light curtains are electro-sensitive protection equipment that complies with IEC 61508, SIL3, and performance level """"e"""" according to EN ISO 13849. The deTec4 Prime is strong enough to withstand even the most demanding conditions, and with a scanning range of 21 m and a resolution of 30 mm, it offers dependable protection for a variety of machine types.

Safety Light Curtain Market Players
Major companies operating in the safety light curtain market report are Banner Engineering Corporation, Datalogic S.p.A., Keyence Corporation, Leuze electronic GmbH + Co. KG, Omron Corporation, Panasonic Corporation, Rockwell Automation Inc., SICK Pty Ltd., Carlo Gavazzi Holding AG, K.A. Schmersal Holding GmbH & Co. KG, Hengstler GmbH, Balluff GmbH, Euchner GmbH + Co. KG, Fortress Interlocks Ltd., ReeR Safety S.r.l., Fiessler Elektronik GmbH, Emerson Electric Co., ASO Safety Solutions, HBM Nuclear Technologies GmbH, Satech Safety Technology S.p.A., Smartscan Ltd., ABB Ltd., IDEC Corporation, Pilz GmbH & Co. KG, Rockford Systems LLC, Contrinex AG, Orbital Systems Pvt. Ltd., IDEM Safety Switches Ltd., Pinnacle Systems Inc.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/safety-light-curtain-global-market-report

Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the safety light curatin market in 2023. North America is the second largest market. The regions covered in the safety light curtain market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Safety Light Curtain Market Report Structure
3. Safety Light Curtain Market Trends And Strategies
4. Safety Light Curtain Market - Macro Economic Scenario
5. Safety Light Curtain Market Size And Growth
…..
27. Safety Light Curtain Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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