Safety Light Curtain Market worth $1.4 billion by 2027

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 CAGR of 5.8% from 2022 to 2027, according to a new report by MarketsandMarkets.

Rise of digital platforms in manufacturing industries is the major driver for the safety light curtain market. Moreover, increased used of robots in packaging industry, and stringent workplace safety regulations further plays a key role in driving the growth of the safety light curtain market.

The Asia Pacific region is expected to dominate the safety light curtain market throughout the forecast period. It is further expected to grow at the highest CAGR during 2022 to 2027. Asia Pacific has been a major contributor to the growth of the overall safety light curtain market as this region is emerging as an important hub for automotive manufacturing. Automotive is one of the prominent industries in Asia Pacific, owing to the presence of global automotive giants and the increasing demand for automobiles by an ever-growing population with high disposable income in this region.

In the automotive industry, manufacturing processes are usually automated, which involves the use of robotics and other automation equipment. The safety of workers and equipment is a prime factor for these manufacturing companies. These factors are driving the growth of the safety light curtain market in this region.