The Safety Laser Scanner Market is expected to grow from USD 304 million in 2018 to USD 406 million by 2023, at a CAGR of 5.99%.
Safety laser scanners offer a long-term cost-effective solution for use with new machine installations or for retrofitting machines, plants, or even vehicles. Therefore, small form factor, high user-friendliness, seamless integration, and high on power efficiency collectively are responsible for the overall growth of the market. The healthcare & pharmaceutical end-user industry is likely to exhibit the highest CAGR during the forecast period. Additionally, the mobile safety laser scanner market is expected to witness increased adoption.
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Healthcare & Pharmaceuticals Segment to Account for Larger Size of Safety Laser Scanner Market, Based on End-User Sector, by 2023
Lasers in the healthcare sector is used to improve patient safety and experience. Safety laser scanners are used extensively in the pharmaceutical manufacturing industry that relates largely to drug manufacturing, which is the process of industrial-scale synthesis of pharmaceutical drugs. Laser-based safety scanners play a critical role in the optimization of warehousing, packaging, and logistics operations in manufacturing facilities. For instance, safety laser scanners are used in autonomous monitoring vehicles, or movable service robots for industrial use in the pharmaceuticals sector for collision avoidance while logistics operations are being executed. These scanners are used in receiving areas and manual warehouse areas and also for transport and storage.
Safety Laser Scanner Market Expected to Grow at Higher CAGR From 2018 To 2023 Because of Increasing Fatalities within Workplaces
The overall safety laser scanner market, in terms of value, is expected to grow at a CAGR between 2018 and 2023. Key factors contributing to the growth of this market include the increasing fatalities within workplaces, increased automation with the adoption of Industry 4.0, and growing concerns for the safety of machines and workers on the production floor. Moreover, the adoption of AGVs and AGCs across end-user industries such as automotive, healthcare & pharmaceuticals, consumer goods, and electronics are major drivers of the growth of the safety laser scanner market.
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APAC to hold largest size of safety laser scanner market by 2023
The market in APAC is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the rapid increase in the production facilities in APAC for various end-user industries such as automotive and consumer goods & electronics. Europe and North America are the next major regions that are expected to exhibit substantial growth rates in the safety laser scanner market with higher CAGR during the forecast period. Further, government policies are also in favor of increasing the number of manufacturing facilities in this region. Additionally, developing economies such as China and India dominate the consumer electronics market in APAC.
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Key players profiled in this study include Leuze Electronics GmbH (Germany), OMRON Corporation (Japan), Panasonic Corporation (Japan), Rockwell Automation (US), SICK AG (Germany), Banner Engineering (US), Hans Turck (US), Hokuyo Automatic Co., Ltd. (Japan), IDEC Corporation (Japan), Keyence Corporation (Japan), Pilz GmbH & Co. KG (Germany), Datalogiv SpA (Italy), Arcus Automation Private Limited(India), and ReeR SpA (Italy).
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The Safety Laser Scanner Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the safety laser scanner market include Banner Engineering, Datalogic S.P.A., Hokuyo Automatic Co., Ltd., IDEC Corporation, Keyence Corporation, Leuze Electronic GmbH + Co. Kg, Omron Corporation, Panasonic Corporation, Rockwell Automation, Inc., Sick AG and Others.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Safety Laser Scanner Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/safety-laser-scanner-market/download-sampleMarket DynamicsThe properties of safety laser scanners such as small form factor, high user-friendliness, seamless integration, and high power efficiency are driving the market growth.
Indoor safety laser scanners enhance security measures is again accelerating market growth.
In addition to this, strict government regulations in many countries regarding the use of machinery for the safety of workers is expected to fuel the demand over the forecast period.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
The report "Safety Laser Scanner Market by Product Type (Mobile Safety Laser Scanner, Stationary Safety Laser Scanner), End-User Industry (Automotive, Food & Beverages, Healthcare & Pharmaceuticals, and Consumer Goods and Electronics) – Global Forecast to 2023",overall safety laser scanner market is expected to grow from USD 304 million in 2018 to USD 406 million by 2023, at a CAGR of 5.99%.Safety laser scanners offer a long-term cost-effective solution for use with new machine installations or for retrofitting machines, plants, or even vehicles.
Additionally, the mobile safety laser scanner market is expected to witness increased adoption.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=151486495Healthcare & Pharmaceuticals Segment to Account for Larger Size of Safety Laser Scanner Market, Based on End-User Sector, by 2023Lasers in the healthcare sector are used to improve patient safety and experience.
Safety laser scanners are used extensively in the pharmaceutical manufacturing industry that relates largely to drug manufacturing, which is the process of industrial-scale synthesis of pharmaceutical drugs.
Laser-based safety scanners play a critical role in the optimization of warehousing, packaging, and logistics operations in manufacturing facilities.
For instance, safety laser scanners are used in autonomous monitoring vehicles, or movable service robots for industrial use in the pharmaceuticals sector for collision avoidance while logistics operations are being executed.
These scanners are used in receiving areas and manual warehouse areas and also for transport and storage.Safety Laser Scanner Market Expected to Grow At Higher CAGR from 2018 to 2023 because of Increasing Fatalities within WorkplacesThe overall safety laser scanner market, in terms of value, is expected to grow at a CAGR between 2018 and 2023.
Recently published a report entitled Safety Laser Scanner Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The entire safety laser scanner market has been sub-categorized into product type and end-user.
The report provides an analysis of these subsets with respect to the geographical segmentation.
This research study will keep marketer informed and helps to identify the target demographics for a product or service.Request a FREE Sample Copy of Safety Laser Scanner Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/safety-laser-scanner-market/download-sampleBy Product TypeMobile Safety Laser ScannerStationary Safety Laser ScannerBy End-UserAutomotiveFood & BeveragesHealthcare & PharmaceuticalsConsumer Goods and ElectronicsOthersThe research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the safety laser scanner market include Banner Engineering, Datalogic S.P.A., Hokuyo Automatic Co., Ltd., IDEC Corporation, Keyence Corporation, Leuze Electronic GmbH + Co. Kg, Omron Corporation, Panasonic Corporation, Rockwell Automation, Inc., Sick AG and Others.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.This section covers regional segmentation which accentuates on current and future demand for safety laser scanner market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Safety Laser Scanner Market Report published by value market research, it provides a comprehensive market analysis which includes market size, share, value, growth, trends during forecast period 2020-2026 along with strategic development of the key player with their market share.
Further, the market has been bifurcated into sub-segments with regional and country market with in-depth analysis.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the safety laser scanner market include Banner Engineering, Datalogic S.P.A., Hokuyo Automatic Co., Ltd., IDEC Corporation, Keyence Corporation, Leuze Electronic GmbH + Co. Kg, Omron Corporation, Panasonic Corporation, Rockwell Automation, Inc., Sick AG and Others.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Safety Laser Scanner Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/safety-laser-scanner-market/download-sampleMarket DynamicsThe properties of safety laser scanners such as small form factor, high user-friendliness, seamless integration, and high power efficiency are driving the market growth.
Indoor safety laser scanners enhance security measures is again accelerating market growth.
In addition to this, strict government regulations in many countries regarding the use of machinery for the safety of workers is expected to fuel the demand over the forecast period.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
