DUBLIN--(BUSINESS WIRE)--The "Safety Light Curtains - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The author brings years of research experience to the 7th edition of this report. The 278-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Safety Light Curtains Market to Reach $1.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Safety Light Curtains estimated at US$955.4 Million in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at aCAGR of 2.9% over the period 2020-2027.
Type 2, one of the segments analyzed in the report, is projected to record 2.6% CAGR and reach US$358.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Type 4 segment is readjusted to a revised 3.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $258.2 Million, While China is Forecast to Grow at 5.5% CAGR
The Safety Light Curtains market in the U.S. is estimated at US$258.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$236.6 Million by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.
Competitors identified in this market include, among others:
- ABB Group
- Balluff GmbH
- Banner Engineering Corporation
- Carlo Gavazzi Automation SpA
- Contrinex AG
- Datalogic SpA
- IDEC Corporation
- IFM Electronic AB
- K.A. Schmersal GmbH & Co. KG
- Keyence Corporation
- Leuze Electronic GmbH + Co. KG
- Omron Corporation
- Orbital Systems (Bombay) Private Ltd.
- Panasonic Corporation
- Pepperl+Fuchs GmbH
- Pilz GmbH & Co. KG
- Pinnacle Systems Inc.
- ReeR SpA
- Rockford Systems, LLC.
- Rockwell Automation, Inc.
- Schneider Electric SA
- SICK AG
- Smartscan Ltd.
Wenglor Sensoric GmbH
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Safety Light Curtain Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total Companies Profiled: 38
For more information about this report visit https://www.researchandmarkets.com/r/sze89g