The Safety Laser Scanner Market is anticipated to grow at a strong 6.2% CAGR between 2022 and 2027, from an estimated value of US$ 298.1 Mn in 2022 to US$ 402.2 Mn in 2027. The report claims that the high level of accuracy of safety laser scanners will continue to be the main factor driving their demand. It also predicts that rapid growth in the shipments of mobile safety laser scanners will continue to significantly contribute to the revenue growth of the safety laser scanner market in the coming years.
The enormous number of manufacturing companies supporting this trend, which is now a key element driving market expansion, is increasing the demand for safety laser scanners for packaging and transportation activities.
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Automotive Applications Continue to Drive Maximum Shipments
It is more likely that sales of safety laser scanners will continue to soar in the years to come due to growing worries about the safety of industrial workers and equipment. The deployment of safety laser scanners across numerous industrial verticals is being pushed by favourable rules surrounding industrial safety driven by various regional governments.
The automobile industry continues to be the most significant end use industry, accounting for more than 35% of the global market value in the safety laser scanner landscape, according to the report. The article also discusses the numerous additional end use applications of safety laser scanners in consumer electronics, F&B, healthcare, and pharmaceuticals. Vehicle navigation and a host of other similar applications have been the maximum scope of applicability for safety laser scanners.
Report Evaluates Competition on the Global Landscape
The study analysing the global safety laser scanner market offers in-depth profiles of top industry players, disclosing their recent strategic moves. While some of the market participants profiled in this report, such as Rockwell Automation, Panasonic Corporation, Keyence Corporation, Sick AG, Omron Corporation, Leuze Electronic GmbH, and a few others, are continuing to focus on improving and innovating their products on a strategic level, the majority of them have done so. Additionally, the research states that companies like Sick AG are focusing on enhancing client experiences by increasing investments in product improvements.
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Higher Applicability of Safety Laser Scanners Projected in APEJ’s Pharma & Healthcare Sectors
Owing to strong presence of established manufacturing brands utilizing safety laser scanners on a large scale, North America’s market safety laser scanner is slated to hold leading contribution in the global market revenue. Brisk progress of the automotive industry riding on the cutting edge technological innovations will remain the key factor enabling this region to maintain the lion’s share in safety laser scanner landscape at a global level.
On the other side, bolstering shipments of safety laser scanners targeting applications in the rapidly expanding healthcare and pharma industries is likely to underpin improved penetration of safety laser scanner into developing economies in Asian region. In addition, highly lucrative opportunities residing in Asia Pacific for consumer electronics manufacturers are expected to present attractive investment avenues to safety laser scanner manufacturers over the upcoming years. The report forecasts a significant year on year revenue growth for safety laser scanner market in APEJ.
Safety Laser Scanner Market Survey By Category
By Type:
- Stationary Safety Laser Scanner
- Mobile Safety Laser Scanner
By End User:
- Automotive
- Food & Beverages
- Healthcare & Pharmaceuticals
- Consumer Electronics
- Others
Region:
- North America
- Latin America
- Europe
- Middle East and Africa
- Japan
- APEJ
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