Worldwide Safety Light Curtains Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

DUBLIN--()--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
  • ISB
  • 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

IV. COMPETITION

Total Companies Profiled: 38

For more information about this report visit https://www.researchandmarkets.com/r/sze89g

Contacts

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Laura Wood, Senior Press Manager
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For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900