Demand for Safety Laser Scanners to Surge Supported by Growing Concerns Regarding the Safety of Workers: FMI Study

Safety Laser Scanner Market

Future Market Insights (FMI) has recently published a report titled “Safety Laser Scanner Market – Global Industry Analysis 2013-2018 and Opportunity Assessment 2019-2027.” A safety laser scanner is a protective scanning device that has switchable and configurable field sets for warning and safety purposes. Safety laser scanners are usually used for zone guarding the area where equipment is produced as well as for monitoring the path travelled by moving vehicles.

A safety laser scanner detects when a person approaches within the range of any hazardous movement. In situations where it is difficult to watch in the danger zones, the safety laser scanner detects a person’s location and stops the hazardous movement immediately. A safety laser scanner activates the controlled barking system when a hazardous movement takes place or if the warning field is accessed, thus preventing access to the protected field.

The global safety laser scanner market is estimated to grow at a CAGR of 6.2% during the projected period. The safety laser scanner market was valued at US $ 235.7 Mn in 2018, and is expected to grow significantly to reach US $ 402.2 Mn by 2027 due to the increasing usage of safety laser scanners for mobility applications in manufacturing industries.

In this report, FMI has segmented the global safety laser scanner market by type, by end user and by region. By type, the safety laser scanner market is segmented into stationary safety laser scanner and mobile safety laser scanner. The stationary safety laser scanner sub-segment of the global safety laser scanner market is expected to register a 72.2% market share at the end of 2018.  Furthermore, in terms of volume, the mobile safety laser scanner segment is estimated to register a CAGR of 7.1% in safety laser scanner market over the projected period, while the stationary safety laser scanner sub-segment is estimated to create an incremental opportunity of US $ 99.2 Mn between 2019 and 2027.

By end user, the global safety laser scanner market is sub-segmented into food & beverages, automotive, healthcare & pharmaceuticals, consumer electronics and others. In terms of value, the safety laser scanner market in automotive end user segment is expected to register a growth rate of 7.4% during the forecast period. In addition, the increasing demand for safety laser scanners in the industrial automation sector is one of the major factors driving the market. The healthcare and pharmaceutical sub-segment is projected to create an incremental opportunity of $ 35.1 Mn between 2019 and 2027 in the safety laser scanner market.

The report also offers insights as well as analysis regarding the growth opportunities in the safety laser scanner market across all the regions worldwide, which include Latin America (Mexico, Brazil & the rest of Latin America), North America (Canada & U.S.), Europe (France, Germany, Spain, Italy, U.K. & the rest of Europe), Japan, APEJ (India, China, Malaysia, Singapore, Australia, & the rest of APEJ) and MEA (South Africa, GCC Countries, Israel & the rest of MEA). The market in APEJ is expected to increase at a CAGR of 7.7% over the projected period. Technological advancements and constant innovations in the safety laser scanner market are boosting the adoption of safety laser scanners in this region. As per FMI analysis, strategic developments, such as product innovations, improvements in quality, as well as others, are estimated to contribute to revenue generation. Some of the key participants in the global safety laser scanner market report are Leuze electronic GmbH, Rockwell Automation, Panasonic Corporation, Omron Corporation, Pepperl+Fuchs GmbH,  Keyence Corporation, Banner Engineering, Sick AG, Hans TURCK and IDEC Corporation. Of these, Sick AG offers safety laser scanners for different stationary and mobile applications. According to FMI analysis, Sick AG is improving the experience of its customers by upgrading its existing products.

A sample of this report is available upon request @https://www.futuremarketinsights.com/reports/sample/rep-gb-8478

About Abhishek Budholiya 99 Articles
Abhishek Budholiya is a tech blogger, digital marketing pro, and has contributed to numerous tech magazines. Currently, as a technology and digital branding consultant, he offers his analysis on the tech market research landscape. His forte is analysing the commercial viability of a new breakthrough, a trait you can see in his writing. When he is not ruminating about the tech world, he can be found playing table tennis or hanging out with his friends.