Safety Light Curtain Market by Safety Level Type (Type 2, Type 4), Component (LEDs, Photoelectric Cells, Control Units, Display Units), Resolution (9–24mm, 25–90mm, More Than 90mm), Application, Industry and Geography - Global Forecast to 2027
[201 Pages Report] According to MarketsandMarkets, the safety light curtain market is expected to grow from USD 1.1 billion in 2022 to USD 1.4 billion by 2027; it is expected to grow at a Compound Annual Growth Rate (CAGR ) CAGR of 5.8% from 2022 to 2027. The market has a promising growth potential due to rise of digital platforms in manufacturing. In addition, increased use of robotics in packaging industry; and stringent workplace safety regulations further drives the growth of safety light curtain industry.
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Safety light curtain Market Dynamics
Drivers: Rise of digital platforms in manufacturing
Digital manufacturing has led to the adoption of automated equipment and machinery, allowing manufacturing plants to function 24/7. Automated machines are controlled and operated using components such as distributed control systems (DCS), programmable logic controllers (PLCs), and supervisory control and data acquisition (SCADA) systems. This concept of the industrial revolution is characterized by using a number of modern technologies and highly automated production processes that require the installation of several sensors and components for efficient functioning. With the rise in the implementation of smart machines, security component applications will also increase. As machines operate automatically, an efficient fail-safe mechanism is essential to ensure the safety of workers in the plant.
Manufacturing industries operate on a large scale and a continuous basis without the need for human intervention. Hence, in cases where human intervention is required, equipment needs to have a mechanism to detect human presence and take preventive actions to prevent accidents. Safety light curtains are integrated with sensors that create an invisible barrier of beams; if breached, the sensors send signals to the machine causing it to shut down instantly. Thus, the rise of digital manufacturing drives the growth of the safety light curtain market.
Restraints: Inability of safety light curtain to protect from secondary hazards
Safety light curtains are presence-sensing devices that shut down the operating machine in case human interference is sensed across a specified safety zone. When a safety light curtain's perimeter is breached, it signals the machine to stop operation immediately. Although the machine stops instantaneously, safety light curtains cannot offer protection from secondary hazards such as flying debris, sparks, splashes, smoke, or flashes generally associated with robotic welding. Flying debris can have disastrous consequences such as temporary or permanent blindness, skin burns, and respiratory hazards. Along with flying debris, other secondary hazards such as sparks, splashes, smoke, or flashes also cause similar health hazards. The inability of safety light curtains to protect personnel from such hazards is expected to restrain the growth of the safety light curtain market.
Opportunities: Industrial growth in emerging economies of Asia Pacific and other parts of world
Asia Pacific is considered one of the fastest-growing economies in the world. Countries in this region focus on large-scale industrial manufacturing, and thus, it has many manufacturing plants. Countries such as China, India, Japan, South Korea, Australia, and Indonesia rapidly expanding their manufacturing output. China is considered one of the largest manufacturing countries in the world, thus driving the manufacturing sector in Asia Pacific. Various multinational companies have set up their manufacturing plants in Asia Pacific and are adopting high safety standards, leading to the growth of the safety light curtain market. For example, Lenovo Group Limited has set up two factories in India and further plans to increase the value added from its operations in India (i.e., from the current state of 30% in 2017 to 100% in the next five years). Furthermore, Apple has set up manufacturing plants in Bengaluru (India), and Hon Hai Precision Industry (Foxconn) plans to invest USD 5 billion in India. In 2021, Airbus (France), a multinational aerospace & defense company, fully automated its solar array production by deploying robots at Ottobrunn/Taufkirchen facility in Germany. Airbus has invested more than USD 16.9 million in the facility, with the new Industry 4.0 manufacturing line serving as the company's industrial strategy's showpiece project. Airbus started building an Industry 4.0 factory in February 2019 to automate and digitalize the production of solar arrays for satellites at its site in Ottobrunn/Taufkirchen near Munich. In 2020, the company also invested USD 2 billion in India. These investments are expected to drive the manufacturing market in India, creating huge opportunities for the growth of the safety light curtain market players.
Challenge: Limited awareness regarding benefits of safety light curtains among SMEs
Small and medium-sized enterprises (SMEs) tend to use semi-automatic machinery; and hence, may not be well-versed with operational efficiency and high productivity of safety light curtains. Further, SMEs face intense competition from large enterprises, and to gain a competitive edge, SMEs are slowly moving toward Industry 4.0 as the technology provides optimization, efficiency, flexibility, and scalability, along with predictive maintenance, which would enable a quick response, timely decisions, and enhanced business productivity.
SMEs are the backbone of an economy. However, as mentioned, these organizations face challenges in scaling operations and attracting investors. Moreover, SMEs also lack the technical know-how to implement innovative technologies. In addition, SMEs lack the capital required to implement automation technologies. These factors create challenges for SMEs in adopting safety light curtains in their manufacturing processes. However, in the last couple of years, many businesses have recognized the value of safety light curtains. The big players in the safety light curtain market encourage manufacturing firms, including SMEs, to adopt budget-friendly and compact safety light curtains. Improved safety management and reduced downtime and security cost with the adoption of safety light curtains are likely to increase their adoption by SMEs in the coming years.
Automotive industry is expected to dominate the safety light curtain market from 2022 to 2027
The automotive industry is expected to dominate the safety light curtain market during the forecast period. It is further expected to grow at a significant CAGR of between 2022 and 2027. The growing demand for automobiles owing to the increasing population worldwide is driving the growth of the automotive industry. Conveyor machines, robotic arms, welding machines, and press machines are a few man-machine systems used in automobile manufacturing plants. The installation of these systems is usually followed by the implementation of proper safety standards, equipment, and control systems. Safety equipment and control systems, including safety light curtains, are installed in automobile manufacturing plants to ensure the safety of workers and prevent accidents that may occur due to the mismanagement of these machines. The rising adoption of safety light curtains for assembly, pressing, and material handling applications in the automotive industry is driving the growth of the safety light curtain market.
Safety light curtain market for robotics segment to register fastest growth during the forecast period
The safety light curtain market for robotics segment is expected to grow at fastest CAGR from 2022 to 2027. The increasing deployment of robots in various industries, such as automotive, semiconductor & electronics, and food & beverage, is propelling the segment’s growth. Besides, the stringent safety regulations associated with robot deployment at workplaces are fueling the demand for safety light curtains. For instance, the Occupational Health and Safety Act (OHSA) implemented by the US Department of Labor provides safety requirements to the users of industrial robots for occupational safety. Section IV: Chapter 4 of the act deals with “Industrial Robots and Robot System Safety.” It includes safety considerations necessary to operate fixed industrial robots and robot systems properly and use them automatically in conjunction with other peripheral equipment.
The safety light curtain market for 25−90mm resolution segment is expected to grow at highest CAGR during the forecast period
The safety light curtain market for 25–90 mm resolution segment is expected to grow at highest CAGR during the forecast period. The applications of safety light curtains with a resolution ranging from 25 mm to 90 mm include hand and arm detection; this resolution is available for both type 2 and 4 safety light curtains. The increasing demand for safety light curtains with this resolution in the automotive and healthcare industries of developing countries is driving the growth of this market.
Safety light curtain market in Asia Pacific is expected to maintain the highest share during 2022–2027
Asia Pacific is expected to hold the largest share of the safety light curtain market throughout the forecast period. As Asia Pacific is a manufacturing hub, major automobile suppliers, such as Volkswagen (Germany), Toyota (Japan), Renault-Nissan (Netherlands), and Daimler (Germany), and local manufacturers, such as Tata Motors (India) and Hyundai Motors (South Korea), are highly investing in the smart factory market in the region. Due to low operational costs, most key manufacturers from different industries have shifted their manufacturing plants to Asia Pacific. The increasing number of automation activities in the process and discrete industries is one of the major factors expected to drive the growth of the safety light curtain market in Asia Pacific.
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Key Market Players
The safety light curtain companies are OMRON (Japan), KEYENCE (Japan), SICK (Germany), Rockwell Automation (US), Pepperl+Funch (Germany), Panasonic (Japan), Schneider Electric (France), Datalogic (Italy), Banner Engineering (US), Balluff (Switzerland), Smartscan (UK), Leuze Electronic (Germany), ABB (Switzerland), EUCHNER (Germany), IDEC (Japan), Pilz (Germany), ifm electronic (Germany), Wenglor Sensoric (Germany), Schmersal (Germany), Rockford Systems (US), Contrinex (Switzerland), Orbital Systems (India), Pinnacle Systems (US), HTM Sensors (US), and ISB (Canada).
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Scope of the Report
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|
Report Metric |
Details |
|
Market size available for years |
2018—2027 |
|
Base year |
2021 |
|
Forecast period |
2022—2027 |
|
Units |
Value (USD Million/Billion) |
|
Segments covered |
Safety Level Type, Component, Resolution, Application, Industry, and Region |
|
Geographic regions covered |
North America, Europe, Asia Pacific, and Rest of the World |
|
Companies covered |
Key players in the safety light curtain market are OMRON (Japan), KEYENCE (Japan), SICK (Germany), Rockwell Automation (US), Pepperl+Funch (Germany), Panasonic (Japan), Schneider Electric (France), Datalogic (Italy), Banner Engineering (US), Balluff (Switzerland), Smartscan (UK), Leuze Electronic (Germany), ABB (Switzerland), EUCHNER (Germany), IDEC (Japan), Pilz (Germany), ifm electronic (Germany), Wenglor Sensoric (Germany), Schmersal (Germany), Rockford Systems (US), Contrinex (Switzerland), Orbital Systems (India), Pinnacle Systems (US), HTM Sensors (US), and ISB (Canada). |
This report categorizes the Safety light curtain market based on safety level type, component, resolution, application, industry, and region.
Safety Light Curtain Market, by Safety Level Type:
- Type 2
- Type 1
Safety Light Curtain Market, by Component:
- Light-emitting Diodes (LED)
- Photoelectric Cells
- Control Units
- Display units
- Other Components
Safety Light Curtain Market, by Resolution:
- 9−24mm
- 25−90mm
- More than 90mm
Safety Light Curtain Market, by Application:
- Packaging
- Material Handling
- Robotics
- Assembly
- Other Applications
Safety Light Curtain Market, by Industry:
- Automotive
- Semiconductor & Electronics
- Food & Beverage
- Healthcare
- Other Industries
Safety Light Curtain Market, by Region:
-
North America
- US
- Canada
- Mexico
-
Europe
- Germany
- UK
- France
- Rest of Europe
-
APAC
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
-
Rest of the World
- Middle East
- Africa
- South America
Recent Developments
- In May 2022, Leuze Electronic (Germany) introduced the new ELC 100 safety light curtains to the market, which provide optoelectronic safety technology for a low-cost machine design with the latest gadgets. The tools are simple to install and integrate, which helps machine designs be more affordable. Manufacturers and operators of equipment and systems can now use cutting-edge Leuze safety technology for cost-effective contactless protection of operational points. The ELC 100 safety light curtains allow for guarding with close safety distances and are appropriate for applications with operating ranges up to six meters.
- In February 2022, Banner Engineering (US) introduces new 7- and 8-foot IP65-rated light curtains to its EZ-Screen LS-S series. It has a detection range of 10 meters, making it perfect for protecting wide areas in manufacturing, material handling, and packing applications. It also includes dual-scan technology to protect the sensor from electromagnetic interference (EMI), radio frequency interference (RFI), ambient light, welding flashes, and strobe lights
- In March 2021, Datalogic acquired M.D. Micro Detectors (M.D.) with the intention of developing the largest Italian center for industrial automation. By utilizing synergies between many products of both companies such as sensors, safety products, and vision systems, Datalogic further aims to increase its presence in the global market.
Frequently Asked Questions (FAQ):
What is the current size of the global safety light curtain market?
The global safety light curtain market is estimated to be from USD 1.1 billion in 2022 to USD 1.4 billion by 2027, at a CAGR of 5.8% during the forecast period.
What will be the dynamics for the adoption of safety light curtain based on safety level type?
The type 4 segment is expected to account for the larger size of the safety light curtain market throughout the forecast period. It is further expected to grow at a significant rate during the forecast period. The demand for type 4 safety light curtain is expected to be propelled by their ability to continuously monitor processes in industries and provide the required results, along with the prevalence of Industry 4.0 and digital manufacturing. Further, the control unit in a type 4 safety light curtain is more technologically advanced than that in a type 2 safety light curtain.
How the food & beverage industry is contributing to the overall market growth by 2027?
Asia Pacific is expected to dominate the safety light curtain market for the food & beverage industry during the forecast period. It is expected to grow at the highest CAGR from 2022 to 2027. The increasing adoption of automation technologies in the food & beverage industry is expected to drive the growth of the regional market for safety light curtains.
What will be the dynamics for the use of safety light curtain in packaging application?
Packaging machines are often run at high speeds and need to be cleaned regularly, which can increase the possibility of injuries to workers. The Health and Safety Executives (HSE) has studied the pattern of injuries related to packaging machinery. . It has been found that conveyors, considered the simplest form of automation, are involved in most machinery-related accidents in the packaging industry. Thus, safety light curtains are used along with other safety devices to follow these safety standards and regulations. Hence, packaging machines need devices that comply with safety standards. This is one of the major drivers for the adoption of safety light curtains for packaging applications.
What are the key market dynamics influencing market growth? How will they turn into strengths or weaknesses of companies operating in the market space?
The growing adoption of automated and digital technologies, the increasing penetration of robots in the packaging industry, and stringent safety standards that manufacturers must adhere to are all driving market growth. The advent of safety light curtains with digital indicators and industrial growth in Asia Pacific and emerging economies provide growth opportunities for the market players, whereas limited awareness regarding the benefits of safety light curtains among small and medium-sized enterprises (SMEs) and a shortage of certified safety professionals are the major challenges faced by the market players.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 25)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 SAFETY LIGHT CURTAIN MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 29)
2.1 RESEARCH DATA
FIGURE 2 SAFETY LIGHT CURTAIN MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 SAFETY LIGHT CURTAIN MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 Major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Primary sources
2.1.3.3 Key insights
2.1.3.4 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis (demand side)
FIGURE 4 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis (supply side)
FIGURE 5 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: (DEMAND SIDE) — REVENUE GENERATED BY COMPANIES FROM SAFETY LIGHT CURTAIN MARKET
2.3 DATA TRIANGULATION
FIGURE 7 SAFETY LIGHT CURTAIN MARKET: DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY (Page No. - 41)
FIGURE 8 CONTROL UNITS SEGMENT TO HOLD LARGEST SHARE OF SAFETY LIGHT CURTAIN MARKET, BY COMPONENT, DURING FORECAST PERIOD
FIGURE 9 TYPE 4 SEGMENT TO EXHIBIT HIGHER CAGR IN SAFETY LIGHT CURTAIN MARKET DURING FORECAST PERIOD
FIGURE 10 HEALTHCARE INDUSTRY TO REGISTER HIGHEST CAGR IN SAFETY LIGHT CURTAIN MARKET DURING FORECAST PERIOD
FIGURE 11 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF GLOBAL SAFETY LIGHT CURTAIN MARKET IN 2021
4 PREMIUM INSIGHTS (Page No. - 44)
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SAFETY LIGHT CURTAIN MARKET
FIGURE 12 RAPID INDUSTRIALIZATION IN EMERGING COUNTRIES OF ASIA PACIFIC TO BOOST DEMAND FOR SAFETY LIGHT CURTAINS
4.2 SAFETY LIGHT CURTAIN MARKET, BY APPLICATION
FIGURE 13 ROBOTICS SEGMENT TO HOLD LARGEST SHARE OF SAFETY LIGHT CURTAIN MARKET DURING FORECAST PERIOD
4.3 SAFETY LIGHT CURTAIN MARKET IN ASIA PACIFIC, BY INDUSTRY AND COUNTRY
FIGURE 14 AUTOMOTIVE INDUSTRY AND CHINA TO ACCOUNT FOR LARGEST SHARES OF SAFETY LIGHT CURTAIN MARKET IN ASIA PACIFIC IN 2022
4.4 SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY
FIGURE 15 HEALTHCARE INDUSTRY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.5 SAFETY LIGHT CURTAIN MARKET, BY COUNTRY
FIGURE 16 SAFETY LIGHT CURTAIN MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 47)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 SAFETY LIGHT CURTAIN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rise of digital platforms in manufacturing
5.2.1.2 Increased use of robotics in packaging industry
5.2.1.3 Stringent workplace safety regulations
5.2.2 RESTRAINTS
5.2.2.1 Inability of safety light curtains to protect from secondary hazards
5.2.2.2 Need for regular maintenance
5.2.3 OPPORTUNITIES
5.2.3.1 Advent of safety light curtains with digital indicators
5.2.3.2 Industrial growth in emerging economies of Asia Pacific and other parts of world
5.2.4 CHALLENGES
5.2.4.1 Limited awareness regarding benefits of safety light curtains among SMEs
5.2.4.2 Shortage of certified safety professionals
5.3 VALUE CHAIN ANALYSIS
FIGURE 18 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED DURING MANUFACTURING AND ASSEMBLY PHASE
5.4 PRICING ANALYSIS
TABLE 1 AVERAGE SELLING PRICE OF SAFETY LIGHT CURTAINS, BY SAFETY LEVEL (USD)
TABLE 2 PRICE RANGE OF SAFETY LIGHT CURTAIN COMPONENTS (USD)
6 SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE (Page No. - 55)
6.1 INTRODUCTION
FIGURE 19 SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE
FIGURE 20 SAFETY LIGHT CURTAIN MARKET FOR TYPE 4 SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 3 SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2018–2021 (USD MILLION)
TABLE 4 SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2022–2027 (USD MILLION)
6.2 TYPE 2
6.2.1 SUITABLE FOR SMALL ASSEMBLY EQUIPMENT, AUTOMATED PRODUCTION EQUIPMENT, PACKING MACHINES, ETC.
TABLE 5 TYPE 2: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 6 TYPE 2: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
6.3 TYPE 4
6.3.1 DESIGNED FOR HIGH-RISK APPLICATIONS SUCH AS CUTTING, PRESSING, AND WELDING MACHINES
TABLE 7 TYPE 4: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 8 TYPE 4: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
7 SAFETY LIGHT CURTAIN MARKET, BY COMPONENT (Page No. - 61)
7.1 INTRODUCTION
FIGURE 21 SAFETY LIGHT CURTAIN MARKET, BY COMPONENT
FIGURE 22 SAFETY LIGHT CURTAIN MARKET FOR CONTROL UNITS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 9 SAFETY LIGHT CURTAIN MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 10 SAFETY LIGHT CURTAIN MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
7.2 LIGHT-EMITTING DIODES (LEDS)
7.2.1 PRIMARY COMPONENT IN SAFETY LIGHT CURTAINS
TABLE 11 LEDS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2018–2021 (USD MILLION)
TABLE 12 LEDS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2022–2027 (USD MILLION)
7.3 PHOTOELECTRIC CELLS
7.3.1 HELP IMPROVE SAFETY LIGHT CURTAIN EFFICIENCY BY DETECTING INFRARED BEAMS
TABLE 13 PHOTOELECTRIC CELLS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2018–2021 (USD MILLION)
TABLE 14 PHOTOELECTRIC CELLS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2022–2027 (USD MILLION)
7.4 CONTROL UNITS
7.4.1 ENSURE PROPER FUNCTIONING OF INDUSTRIAL EQUIPMENT AND PLANT SAFETY
TABLE 15 CONTROL UNITS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2018–2021 (USD MILLION)
TABLE 16 CONTROL UNITS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2022–2027 (USD MILLION)
7.5 DISPLAY UNITS
7.5.1 HELP OPERATORS IDENTIFY OR NOTIFY ERRORS DURING OPERATIONS
TABLE 17 DISPLAY UNITS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2018–2021 (USD MILLION)
TABLE 18 DISPLAY UNITS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2022–2027 (USD MILLION)
7.6 OTHER COMPONENTS
7.6.1 ENCLOSURES
7.6.2 MIRRORS
TABLE 19 OTHER COMPONENTS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2018–2021 (USD MILLION)
TABLE 20 OTHER COMPONENTS: SAFETY LIGHT CURTAIN MARKET, BY SAFETY LEVEL TYPE, 2022–2027 (USD MILLION)
8 SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION (Page No. - 69)
8.1 INTRODUCTION
FIGURE 23 SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION
TABLE 21 COMMON APPLICATIONS AND ADVANTAGES OF SAFETY LIGHT CURTAINS, BY RESOLUTION
FIGURE 24 SAFETY LIGHT CURTAIN MARKET FOR 25–90 MM SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 22 SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2018–2021 (USD MILLION)
TABLE 23 SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2022–2027 (USD MILLION)
8.2 9–24 MM
8.2.1 REQUIRED FOR HIGH-RISK LOCATIONS AND OPTIMUM SPACE UTILIZATION
TABLE 24 9–24 MM: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 25 9–24 MM: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.3 25–90 MM
8.3.1 SUITABLE FOR AREAS INVOLVING MODERATE RISKS
TABLE 26 25–90 MM: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 27 25–90 MM: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.4 MORE THAN 90 MM
8.4.1 INSTALLED IN WAREHOUSES FOR ACCESS CONTROL AND LONG-DISTANCE SCANNING
TABLE 28 MORE THAN 90 MM: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 29 MORE THAN 90 MM: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
9 SAFETY LIGHT CURTAIN MARKET, BY APPLICATION (Page No. - 76)
9.1 INTRODUCTION
FIGURE 25 SAFETY LIGHT CURTAIN MARKET, BY APPLICATION
FIGURE 26 SAFETY LIGHT CURTAIN MARKET FOR ROBOTICS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 30 SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 31 SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
9.2 PACKAGING
9.2.1 USE OF SAFETY LIGHT CURTAINS TO PROTECT PERSONNEL FROM ACCIDENT-PRONE ZONES
TABLE 32 PACKAGING: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 33 PACKAGING: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
9.3 MATERIAL HANDLING
9.3.1 ADOPTION OF SAFETY LIGHT CURTAINS TO PREVENT INTRUSION BY PERSONS OR UNEXPECTED OBJECTS
TABLE 34 MATERIAL HANDLING: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 35 MATERIAL HANDLING: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
9.4 ROBOTICS
9.4.1 IMPLEMENTATION OF CURTAINS TO PROTECT AREA BETWEEN ROBOTIC WORK CELL AND REMAINING PLANT
TABLE 36 ROBOTICS: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 37 ROBOTICS: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
9.5 ASSEMBLY
9.5.1 DEPLOYMENT OF SAFETY LIGHT CURTAINS TO ENSURE HAZARD-FREE WORKING ENVIRONMENT IN ASSEMBLY LINES
TABLE 38 ASSEMBLY: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 39 ASSEMBLY: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
9.6 OTHER APPLICATIONS
TABLE 40 OTHER APPLICATIONS: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 41 OTHER APPLICATIONS: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10 SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY (Page No. - 85)
10.1 INTRODUCTION
FIGURE 27 SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY
FIGURE 28 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF SAFETY LIGHT CURTAIN MARKET DURING FORECAST PERIOD
TABLE 42 SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 43 SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
10.2 AUTOMOTIVE
10.2.1 THRIVING AUTOMOTIVE INDUSTRY TO GENERATE NEED FOR SAFETY LIGHT CURTAINS
TABLE 44 AUTOMOTIVE: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2018–2021 (USD MILLION)
TABLE 45 AUTOMOTIVE: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2022–2027 (USD MILLION)
TABLE 46 AUTOMOTIVE: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 47 AUTOMOTIVE: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 48 AUTOMOTIVE: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2018–2021 (USD MILLION)
FIGURE 29 ASIA PACIFIC TO DOMINATE SAFETY LIGHT CURTAIN MARKET FOR AUTOMOTIVE INDUSTRY DURING FORECAST PERIOD
TABLE 49 AUTOMOTIVE: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2022–2027 (USD MILLION)
10.3 SEMICONDUCTOR & ELECTRONICS
10.3.1 INCREASING USE OF SMARTPHONES, SMART TELEVISIONS, AND SMART WEARABLE DEVICES PROPELS MARKET GROWTH
TABLE 50 SEMICONDUCTOR & ELECTRONICS: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2018–2021 (USD MILLION)
TABLE 51 SEMICONDUCTOR & ELECTRONICS: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2022–2027 (USD MILLION)
TABLE 52 SEMICONDUCTOR & ELECTRONICS: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 53 SEMICONDUCTOR & ELECTRONICS: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 54 SEMICONDUCTOR & ELECTRONICS: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 55 SEMICONDUCTOR & ELECTRONICS: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2022–2027 (USD MILLION)
10.4 FOOD & BEVERAGE
10.4.1 NEED TO SAFEGUARD PERSONNEL WHILE PROCESS HANDLING AND PACKAGING TO BOOST MARKET GROWTH
TABLE 56 FOOD & BEVERAGE: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2018–2021 (USD MILLION)
TABLE 57 FOOD & BEVERAGE: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2022–2027 (USD MILLION)
TABLE 58 FOOD & BEVERAGE: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 59 FOOD & BEVERAGE: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 60 FOOD & BEVERAGE: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 61 FOOD & BEVERAGE: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2022–2027 (USD MILLION)
10.5 HEALTHCARE
10.5.1 RISING USE OF SAFETY LIGHT CURTAINS TO ENSURE WORKER SAFETY TO DRIVE MARKET
TABLE 62 HEALTHCARE: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2018–2021 (USD MILLION)
TABLE 63 HEALTHCARE: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2022–2027 (USD MILLION)
TABLE 64 HEALTHCARE: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
FIGURE 30 ROBOTICS APPLICATION TO LEAD SAFETY LIGHT CURTAIN MARKET FOR HEALTHCARE INDUSTRY DURING FORECAST PERIOD
TABLE 65 HEALTHCARE: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 66 HEALTHCARE: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 67 HEALTHCARE: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2022–2027 (USD MILLION)
10.6 OTHER INDUSTRIES
TABLE 68 OTHER INDUSTRIES: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2018–2021 (USD MILLION)
TABLE 69 OTHER INDUSTRIES: SAFETY LIGHT CURTAIN MARKET, BY RESOLUTION, 2022–2027 (USD MILLION)
TABLE 70 OTHER INDUSTRIES: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 71 OTHER INDUSTRIES: SAFETY LIGHT CURTAIN MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 72 OTHER INDUSTRIES: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 73 OTHER INDUSTRIES: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2022–2027 (USD MILLION)
11 SAFETY LIGHT CURTAIN MARKET, BY REGION (Page No. - 102)
11.1 INTRODUCTION
FIGURE 31 CHINA TO RECORD HIGHEST CAGR IN SAFETY LIGHT CURTAIN MARKET DURING FORECAST PERIOD
FIGURE 32 ASIA PACIFIC TO DOMINATE SAFETY LIGHT CURTAIN MARKET DURING FORECAST PERIOD
TABLE 74 SAFETY LIGHT CURTAIN MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 75 SAFETY LIGHT CURTAIN MARKET, BY REGION, 2022–2027 (USD MILLION)
11.2 NORTH AMERICA
FIGURE 33 NORTH AMERICA: SAFETY LIGHT CURTAIN MARKET SNAPSHOT
TABLE 76 NORTH AMERICA: SAFETY LIGHT CURTAIN MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 77 NORTH AMERICA: SAFETY LIGHT CURTAIN MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 78 NORTH AMERICA: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 79 NORTH AMERICA: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
11.2.1 US
11.2.1.1 Automotive industry in US to contribute to market growth
11.2.2 CANADA
11.2.2.1 Safety standards in automotive, food & beverage, and chemical industries to drive market
11.2.3 MEXICO
11.2.3.1 Rapid adoption of automation and digital technologies to accelerate demand
11.3 EUROPE
FIGURE 34 EUROPE: SAFETY LIGHT CURTAIN MARKET SNAPSHOT
TABLE 80 EUROPE: SAFETY LIGHT CURTAIN MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 81 EUROPE: SAFETY LIGHT CURTAIN MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 82 EUROPE: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 83 EUROPE: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 High automobile production and rapid developments in healthcare industry to boost market share
11.3.2 FRANCE
11.3.2.1 Expanding semiconductor & electronics and automotive sectors to create need for safety light curtains
11.3.3 UK
11.3.3.1 Prominent presence of providers and users of automation technologies to surge demand for safety light curtains
TABLE 84 AUTOMOBILE MANUFACTURING PLANTS IN UK
11.3.4 REST OF EUROPE
11.4 ASIA PACIFIC
FIGURE 35 ASIA PACIFIC: SAFETY LIGHT CURTAIN MARKET SNAPSHOT
TABLE 85 ASIA PACIFIC: SAFETY LIGHT CURTAIN MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 86 ASIA PACIFIC: SAFETY LIGHT CURTAIN MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 87 ASIA PACIFIC: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 88 ASIA PACIFIC: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
11.4.1 CHINA
11.4.1.1 Growing adoption of robotics and industrial automation technologies to boost market
11.4.2 JAPAN
11.4.2.1 Expanding chemical industry to generate opportunities for market players
11.4.3 INDIA
11.4.3.1 Government-led initiatives toward automation and smart manufacturing to spur market growth
11.4.4 SOUTH KOREA
11.4.4.1 Increasing R&D investments in innovative manufacturing technologies to accelerate market growth
11.4.5 REST OF ASIA PACIFIC
11.5 ROW
FIGURE 36 ROW: SAFETY LIGHT CURTAIN MARKET SNAPSHOT
TABLE 89 ROW: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 90 ROW: SAFETY LIGHT CURTAIN MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 91 ROW: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 92 ROW: SAFETY LIGHT CURTAIN MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
11.5.1 SOUTH AMERICA
11.5.1.1 Rapid adoption of automation technologies in automotive industry to facilitate market growth
11.5.2 MIDDLE EAST
11.5.2.1 Thriving chemical industry to drive market growth
11.5.3 AFRICA
11.5.3.1 Rising deployment of automation technologies to boost market growth
12 COMPETITIVE LANDSCAPE (Page No. - 126)
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 93 OVERVIEW OF STRATEGIES DEPLOYED BY SAFETY LIGHT CURTAIN COMPANIES
12.2.1 PRODUCT PORTFOLIO
12.2.2 REGIONAL FOCUS
12.2.3 INDUSTRY FOOTPRINT
12.2.4 ORGANIC/INORGANIC PLAY
12.3 TOP COMPANY REVENUE ANALYSIS
FIGURE 37 GLOBAL SAFETY LIGHT CURTAIN MARKET: REVENUE ANALYSIS OF TOP PLAYERS, 2017–2021
12.4 MARKET SHARE ANALYSIS, 2021
TABLE 94 DEGREE OF COMPETITION, SAFETY LIGHT CURTAIN MARKET (2021)
12.5 COMPANY EVALUATION QUADRANT, 2021
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE COMPANIES
12.5.4 PARTICIPANTS
FIGURE 38 COMPANY EVALUATION MATRIX/QUADRANT, 2021
12.6 SAFETY LIGHT CURTAIN MARKET: COMPANY FOOTPRINT (25 COMPANIES)
TABLE 95 COMPANY FOOTPRINT
TABLE 96 COMPANY APPLICATION FOOTPRINT (25 COMPANIES)
TABLE 97 COMPANY INDUSTRY FOOTPRINT (25 COMPANIES)
TABLE 98 COMPANY REGION FOOTPRINT (25 COMPANIES)
12.7 COMPETITIVE SCENARIOS AND TRENDS
12.7.1 PRODUCT LAUNCHES
TABLE 99 PRODUCT LAUNCHES, FEBRUARY 2021–MAY 2022
12.7.2 DEALS
TABLE 100 DEALS, DECEMBER 2020–MARCH 2021
12.7.3 OTHERS
TABLE 101 EXPANSIONS, APRIL 2020–APRIL 2022
13 COMPANY PROFILES (Page No. - 143)
13.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
13.1.1 OMRON
TABLE 102 OMRON: BUSINESS OVERVIEW
FIGURE 39 OMRON: COMPANY SNAPSHOT
13.1.2 KEYENCE
TABLE 103 KEYENCE: BUSINESS OVERVIEW
FIGURE 40 KEYENCE: COMPANY SNAPSHOT
13.1.3 SICK
TABLE 104 SICK: BUSINESS OVERVIEW
FIGURE 41 SICK: COMPANY SNAPSHOT
13.1.4 ROCKWELL AUTOMATION
TABLE 105 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
FIGURE 42 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
13.1.5 PANASONIC
TABLE 106 PANASONIC: BUSINESS OVERVIEW
FIGURE 43 PANASONIC: COMPANY SNAPSHOT
13.1.6 SCHNEIDER ELECTRIC
TABLE 107 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
FIGURE 44 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
13.1.7 DATALOGIC
TABLE 108 DATALOGIC: BUSINESS OVERVIEW
FIGURE 45 DATALOGIC: COMPANY SNAPSHOT
13.1.8 PEPPERL+FUCHS
TABLE 109 PEPPERL+FUCHS: BUSINESS OVERVIEW
13.1.9 BANNER ENGINEERING
TABLE 110 BANNER ENGINEERING: BUSINESS OVERVIEW
13.1.10 LEUZE ELECTRONIC
TABLE 111 LEUZE ELECTRONIC: BUSINESS OVERVIEW
* Business Overview, Products/Solutions/Services offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
13.2 OTHER KEY PLAYERS
13.2.1 WENGLOR SENSORIC
13.2.2 BALLUFF
13.2.3 ABB
13.2.4 EUCHNER
13.2.5 REER
13.2.6 IDEC
13.2.7 PLIZ
13.2.8 SMARTSCAN
13.2.9 ROCKFORD SYSTEMS
13.2.10 ORBITAL SYSTEMS
13.2.11 PINNACLE SYSTEMS
13.2.12 CONTRINEX
13.2.13 SCHMERSAL
13.2.14 IFM ELECTRONIC
13.2.15 HTM SENSORS
14 ADJACENT AND RELATED MARKETS (Page No. - 189)
14.1 FUNCTIONAL SAFETY MARKET
14.2 INTRODUCTION
FIGURE 46 FUNCTIONAL SAFETY MARKET, BY DEVICE
FIGURE 47 SAFETY SENSORS TO HOLD LARGEST SHARE OF FUNCTIONAL SAFETY MARKET DURING FORECAST PERIOD
TABLE 112 FUNCTIONAL SAFETY MARKET, BY DEVICE, 2018–2021 (USD MILLION)
TABLE 113 FUNCTIONAL SAFETY MARKET, BY DEVICE, 2022–2027 (USD MILLION)
14.3 DEVICE
14.3.1 SAFETY SENSORS
14.3.1.1 Deployed in various functional safety systems such as ESD and HIPPS
TABLE 114 SAFETY SENSORS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2018–2021 (USD MILLION)
TABLE 115 SAFETY SENSORS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2022–2027 (USD MILLION)
14.3.2 SAFETY CONTROLLERS/MODULES/RELAYS
14.3.2.1 Help shut down manufacturing equipment in emergency
TABLE 116 SAFETY CONTROLLERS/MODULES/RELAYS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2018–2021 (USD MILLION)
TABLE 117 SAFETY CONTROLLERS/MODULES/RELAYS: FUNCTIONAL SAFETY MARKET, BY SYSTEM, 2022–2027 (USD MILLION)
15 APPENDIX (Page No. - 195)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
The research process for this study included the systematic gathering, recording, and analysis of data about customers and companies operating in the safety light curtain market. This research study involved the extensive use of secondary sources, directories, and databases (Factiva, Oanda, and OneSource) for identifying and collecting information useful for the engineering of the safety light curtain market. In-depth interviews have been conducted with various primary respondents, including experts from core and related industries and preferred manufacturers, to obtain and verify critical qualitative and quantitative information, as well as to assess growth prospects. Key players in the safety light curtain market have been identified through secondary research, and their market rankings have been determined through primary and secondary research. This research included studying annual reports of top players and interviewing key industry experts, such as CEOs, directors, and marketing executives. In the primary research process, various key correspondents from the supply and demand sides have been interviewed to obtain the qualitative and quantitative information relevant to this report.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study on the safety light curtain market. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles by recognized authors; and directories and databases. Secondary research has been conducted to gather key information regarding the value chain of the safety light curtain market, the number of key players, market classification and segmentation according to industry trends to the bottom-most level, geographic markets, and key developments from market- and technology-oriented perspectives.
After the complete market engineering process (which included calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research has been conducted to gather information and verify and validate the critical numbers obtained.
Primary research has been conducted to identify segmentation types, industry trends, and key players in the market, as well as to analyze the competitive landscape, key market dynamics such as drivers, restraints, challenges, and opportunities, and key strategies adopted by the market players. In the complete market engineering process, both top-down and bottom-up approaches have been extensively used, along with several data triangulation methods, to estimate and forecast the sizes of the market and its segments and subsegments listed in this report. Extensive qualitative and quantitative analyses have been conducted on the complete market engineering process to list the key information/insights. The data gathered through secondary research has been also verified and validated through primary interviews. The figure below illustrates the way primary and secondary research has been conducted for gathering and analyzing the data collected for the safety light curtain market.
Primary Research
Extensive primary research has been conducted after obtaining information about the safety light curtain market through secondary research. Several primary interviews have been conducted with market experts from the demand and supply sides across four major regions—North America, Europe, Asia Pacific, and Rest of the World. Approximately 30% and 70% of the primary interviews have been conducted with parties from the demand and supply sides, respectively. This primary data has been collected through questionnaires, e-mails, and telephonic interviews.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches have been used, along with several data triangulation methods, to estimate and forecast the size of the market and its segments and subsegments listed in the report. Extensive qualitative and quantitative analyses have been carried out on the complete market engineering process to list the key information/insights pertaining to the safety light curtain market.
The key players in the market have been identified through secondary research, and their rankings in the respective regions have been determined through primary and secondary research. This entire procedure involved the study of the annual and financial reports of top players, as well as interviews with industry experts such as chief executive officers, vice presidents, directors, and marketing executives for both quantitative and qualitative key insights. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and enhanced with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Safety light curtain Market: Bottom-Up Approach
Market Breakdown and Data Triangulation
After arriving at the overall size of the safety light curtain market from the estimation process explained above, the total market has been split into several segments and subsegments. The market breakdown and data triangulation procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying numerous factors and trends from the demand and supply sides. Along with this, the market size has been validated using both the top-down and bottom-up approaches.
Report Objectives
- To define, describe, and forecast the safety light curtain market size, safety level type, component, resolution, application, industry, and region, in terms of value
- To define, describe, and forecast the safety light curtain market size in terms of volume
- To describe and forecast the size of the safety light curtain market across four regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW), along with their respective country-level market sizes
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the market growth
- To provide a detailed overview of the process flow of the safety light curtain market
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market size
- To study the complete value chain of the safety light curtain market
- To analyze opportunities for stakeholders by identifying high-growth segments of the safety light curtain market
- To strategically profile the key players and comprehensively analyze their market positions in terms of their ranking and core competencies2
- To analyze competitive developments, such as product launches, deals (acquisitions and partnerships), and others (expansions), in the safety light curtain market
1. Micromarkets are defined as the segments and subsegments of the safety light curtain market included in the report’s scope.
2. Core competencies of companies are captured in terms of their key developments and strategies adopted to sustain their positions in the safety light curtain market.
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:
Product Analysis
- Product matrix that gives a detailed comparison of the product portfolio of each company
Company Information
- Detailed analysis and profiling of key market players (up to 25)
Generating Response ...
Growth opportunities and latent adjacency in Safety Light Curtain Market