Global Elevator Induction Light Curtain Market Growth 2023-2029

Global Elevator Induction Light Curtain Market Growth 2023-2029

The global Elevator Induction Light Curtain market size is projected to grow from US$ 442.2 million in 2022 to US$ 652 million in 2029; it is expected to grow at a CAGR of 5.7% from 2023 to 2029.

According to data released by the National Bureau of Statistics, China's elevator production in 2022 will be 1.455 million units, a decrease of 5.8% from the same period last year. After years of development, China has become the world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business is in mainland China, and 60%-65% of the world's elevators are sold in the Chinese market. Data from the China Elevator Association shows that by the end of 2022, the number of registered elevators in operation in China has reached 9.65 million, and more than 15,000 elevators have been accepted and installed.

Light curtains allow passengers to move freely in and out of the elevator, holding the doors open as long as 'beams' are blocked in the door opening

LPI (LP Information)' newest research report, the “Elevator Induction Light Curtain Industry Forecast” looks at past sales and reviews total world Elevator Induction Light Curtain sales in 2022, providing a comprehensive analysis by region and market sector of projected Elevator Induction Light Curtain sales for 2023 through 2029. With Elevator Induction Light Curtain sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elevator Induction Light Curtain industry.

This Insight Report provides a comprehensive analysis of the global Elevator Induction Light Curtain landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Elevator Induction Light Curtain portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Elevator Induction Light Curtain market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elevator Induction Light Curtain and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Elevator Induction Light Curtain.

This report presents a comprehensive overview, market shares, and growth opportunities of Elevator Induction Light Curtain market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Ordinary Light Curtain
Safety Class 2 Light Curtain
Safety Class 4 Light Curtain

Segmentation by application
Factory
Family
Shopping Mall
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
VEGA
CEDES
FORMULA SYSTEMS
TL JONES
MEMCO
Avire
KMISEN
CEP
Adams GateKeeper
Orbital Systems
TELCO
Sunny Elevator
WECO OPTOELECTRONICS
SAFETY ELECTRONICS
Ningbo Pybom Elevator
Dazen Electromehanical Technology
Kmisen
Zaag Technology
G-TEK SENSOR TECHNOLOGY
Laien Optic Electronic
Suzhou Hitech
Nova

Key Questions Addressed in this Report

What is the 10-year outlook for the global Elevator Induction Light Curtain market?

What factors are driving Elevator Induction Light Curtain market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Elevator Induction Light Curtain market opportunities vary by end market size?

How does Elevator Induction Light Curtain break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.