Market Overview:
The global safety photocells market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for safety photocells in various applications, such as machining, automation, packaging industry, lighting, electronic communication and others. Additionally, the growing awareness about safety among consumers is also propelling the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period.
Product Definition:
A safety photocell is a device used to prevent machines from starting or continuing to operate while someone is in the danger area. The devices are typically used in industrial settings where there is a potential for someone to be injured if they came into contact with a moving machine part.
Compact Photocell:
A compact photocell is a sensing device used to detect and monitor the intensity of light. It is an electronic component that converts incident light into electrical signals. These electrical signals are then amplified and converted into digital form by a computer, which can be further analyzed to determine any changes in the intensity of lights over time.
Standard Photocell:
The standard photocell is a device used to detect and prevent accidents. It is an electronic switch which changes state from off to on when it receives sufficient light. The safety photocells market can be segmented into two types on the basis of application and form.
Application Insights:
The other application segment includes use in medical, aerospace and defense, marine applications. The machining application is expected to be the fastest-growing segment over the forecast period owing to increasing demand for high-precision machinery in various industries such as automotive, packaging and electronics. The automation application is also estimated to witness significant growth over the next eight years due to its rising adoption across numerous industry verticals including manufacturing, oil & gas and healthcare.
Safety photocells are used for a variety of purposes including machine monitoring; process control; machine protection; human safety; material handling etc. Machine monitoring uses photocell sensors that can detect moving parts or conditions that may lead to accidents (for example: if a part moves outside its allowed range it will trigger an alarm).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising adoption of automation in various industries, such as manufacturing, automotive, and others. Rising demand for energy-efficient products has resulted in increased demand for safety photocells across end-use industries.
The Asia Pacific was followed by Europe that accounted for a revenue share of more than 20% in 2017 owing to high usage of Machinery Safety Photocells (SPS) at machining centers along with other applications including lighting & signages and electronic communication industry among others. North America region is projected to witness significant growth over the next eight years on account of growing usage across several sectors including transportation & logistics, warehousing & storage facilities, oil & gas industry among others.
Growth Factors:
- Increasing demand for safety photocells in the automotive industry as a result of stringent government regulations and consumer demand for advanced safety features in vehicles.
- Growing demand from the construction sector for use in perimeter security and access control systems.
- Increasing adoption of safety photocells in industrial applications to protect workers from hazardous areas or situations.
- Rising popularity of automated smart home systems, which are incorporating safety photocells as a key component to provide enhanced security and protection against accidents or intruders.
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Photocells Market Research Report
By Type
Compact Photocell, Standard Photocell
By Application
Machining, Automation, Packaging Industry, Lighting, Electronic Communication, Other
By Companies
SICK, Entrematic Group AB, Leviton Manufacturing, Banner Engineering Corp, BFT Automation, Pilz GmbH & Co. KG, Fargo Controls, Grainger, Manusa, GrabCAD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Safety Photocells Market Report Segments:
The global Safety Photocells market is segmented on the basis of:
Types
Compact Photocell, Standard Photocell
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Machining, Automation, Packaging Industry, Lighting, Electronic Communication, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SICK
- Entrematic Group AB
- Leviton Manufacturing
- Banner Engineering Corp
- BFT Automation
- Pilz GmbH & Co. KG
- Fargo Controls
- Grainger
- Manusa
- GrabCAD
Highlights of The Safety Photocells Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Compact Photocell
- Standard Photocell
- By Application:
- Machining
- Automation
- Packaging Industry
- Lighting
- Electronic Communication
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Safety Photocells Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Safety photocells are a type of sensor that can detect when someone is in danger and trigger an alarm. They are often used in factories to prevent accidents, and they can also be found in homes to help keep people safe.
Some of the major players in the safety photocells market are SICK, Entrematic Group AB, Leviton Manufacturing, Banner Engineering Corp, BFT Automation, Pilz GmbH & Co. KG, Fargo Controls, Grainger, Manusa, GrabCAD.
The safety photocells market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Safety Photocells Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Safety Photocells Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Safety Photocells Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Safety Photocells Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Safety Photocells Market Size & Forecast, 2020-2028
4.5.1 Safety Photocells Market Size and Y-o-Y Growth
4.5.2 Safety Photocells Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Compact Photocell
5.2.2 Standard Photocell
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Machining
6.2.2 Automation
6.2.3 Packaging Industry
6.2.4 Lighting
6.2.5 Electronic Communication
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Safety Photocells Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Safety Photocells Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Compact Photocell
9.6.2 Standard Photocell
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Machining
9.10.2 Automation
9.10.3 Packaging Industry
9.10.4 Lighting
9.10.5 Electronic Communication
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Compact Photocell
10.6.2 Standard Photocell
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Machining
10.10.2 Automation
10.10.3 Packaging Industry
10.10.4 Lighting
10.10.5 Electronic Communication
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Compact Photocell
11.6.2 Standard Photocell
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Machining
11.10.2 Automation
11.10.3 Packaging Industry
11.10.4 Lighting
11.10.5 Electronic Communication
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Compact Photocell
12.6.2 Standard Photocell
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Machining
12.10.2 Automation
12.10.3 Packaging Industry
12.10.4 Lighting
12.10.5 Electronic Communication
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Compact Photocell
13.6.2 Standard Photocell
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Machining
13.10.2 Automation
13.10.3 Packaging Industry
13.10.4 Lighting
13.10.5 Electronic Communication
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Safety Photocells Market: Competitive Dashboard
14.2 Global Safety Photocells Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SICK
14.3.2 Entrematic Group AB
14.3.3 Leviton Manufacturing
14.3.4 Banner Engineering Corp
14.3.5 BFT Automation
14.3.6 Pilz GmbH & Co. KG
14.3.7 Fargo Controls
14.3.8 Grainger
14.3.9 Manusa
14.3.10 GrabCAD
