Safety Laser Scanner Market to be worth US$ 402.2 Million by the year 2027 – Comprehensive Research Report by FMI
The Long-term Future of Safety Laser Scanners Belongs to Mobile Applications, Forecasts a New FMI Study
DUBAI, United Arab Emirates, March 29, 2022 (GLOBE NEWSWIRE) — A recent study by Future Market Insights projects a healthy growth outlook for the global Safety Laser Scanner Market in coming years. Expanding at a CAGR of 6.2%, the global safety laser scanner market is projected to increase from a valuation of US$ 280.2 Mn in 2021 to US$ 402.2 Mn by 2027. The robust demand outlook has been prominently attributed to exceptionally rising incorporation of automation across industries.
| 2022 Market Value | US$ 298.1 Mn | |
| 2027 Market Value | US$ 402.2 Mn | |
| CAGR% (2022-2027) | 6.2% | |
| Share of Top 5 Market Players | ~30% | |
Request a report sample to gain comprehensive insights at
https://www.futuremarketinsights.com/reports/sample/rep-gb-8478
The report positions high accuracy level of safety laser scanners to remain the primary factor boosting their demand, and further projects that brisk growth in the shipments of mobile safety laser scanners will continue to contribute significantly to the revenue growth of safety laser scanner market in coming years.
A large number of manufacturing companies are encouraging the demand growth in safety laser scanners for packaging and logistical operations, which is a high impact factor driving the market growth at present.
“Stationary safety laser scanner sales currently make up for a whopping 72% share of the total market value, as they have been a preferred choice among industrial operators over the years. However, looking at the surging applicability and rapidly growing popularity of mobile safety laser scanners in the recent past, it is more prudent to project a robust yearly growth outlook for mobile safety laser scanners in 2019 and ahead,” says a senior market research professional at the company.
Automotive Applications Continue to Drive Maximum Shipments
With rising concerns of the safety of industrial workers as well as machinery, it is more likely that the safety laser scanner sales would remain on a constant high over the course of coming years. Favorable regulations driven by various regional governments regarding industrial safety are playing a pivotal role in pushing the adoption of safety laser scanners across various industrial verticals.
Accounting for more than 35% share of the global market value in safety laser scanner landscape, automotive industry remains the most prominent end use industry, says the report. While vehicle navigation and a heap of more such applications have been maximum scope of applicability for safety laser scanners, the report also sheds light on the several other end use applications of safety laser scanners in consumer electronics, F&B, healthcare, and pharmaceuticals.
For any Queries Related with the Report, Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-8478
Scope of the Report
| Attribute | Details | |
| Market value in 2021 | US$ 280.2 Mn | |
| Market CAGR 2013 to 2021 | 5.0% | |
| Share of top 5 players | Around 30% | |
| Forecast Period | 2022-2027 | |
| Historical Data Available for | 2013-2021 | |
| Market Analysis | USD Million for Value | |
| Key regions covered | North America, Latin America, Europe, Middle East and Africa, Japan, APEJ | |
| Key countries covered | US, Canada, Brazil, Mexico, Germany, U.K., France, Spain, Russia, China, India, Malaysia, Singapore, Australia, Japan, GCC countries, Israel, and South Africa | |
| Key market segments covered | • Type • End User • Region | |
| Key companies profiled | • Rockwell Automation, Inc. • Panasonic Corporation • SICK AG • Omron Corporation • Keyence Corporation • IDEC Corporation • Pepperl+Fuchs GmbH • Banner Engineering • Leuze electronic GmbH + Co. KG • Hans TURCK GmbH & Co. KG | |
| Report coverage | Market forecast, company share analysis, competition intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives | |
| Customization & pricing | Available upon request | |
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.
We Offer tailor-made Solutions to fit Your Requirements, Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-8478
Report Evaluates Competition on the Global Landscape
The report analyzing global safety laser scanner market provides detailed profiles of leading companies operating in the market, revealing their strategic developments. While some of the profiled market players include Rockwell Automation, Panasonic Corporation, Keyence Corporation, Sick AG, Omron Corporation, Leuze Electronic GmbH, and a few others, a majority of them are retaining their strategic focal point on the product quality improvement and innovation. Moreover, according to the report, the likes of Sick AG are concentrating on delivering improved customer experience by augmenting investments in product upgrades.
Explore FMI’s Extensive ongoing Coverage on Technology Domain
Mobile LiDAR Scanner Market – The mobile LiDAR scanner market is projected to enhance at a CAGR of 15.6% during the forecast period 2021-2031.
Industrial Barcode Scanners Market – Rising preference for automation across various processes in manufacturing sectors is the key factor contributes the growth of Industrial barcode scanners market. The advent of barcode technology has reduced the inconvenience of Parcel/courier tracking and sortingfor industries and retailers across globe.
In-Counter Barcode Scanners Market – Due to the increase in the number of e-retailers in the market and the shift towards the digitalization of public distribution system, the In-counter barcode scanners market is growing rapidly.
Narcotics Scanner Market – Due to increased trafficking of methcathinone, cocaine, ecstasy and heroin, there is rising demand for narcotics scanner in law enforcement, aviation, and military. Due to emerging threats such as the use of fentanyl, bath salts, and spice are also adversely impacting communities globally.
IoT for Public Safety Market – 2021-2031, and is projected to reach US$ 30 Bn by 2031. Advanced data collection, disaster prevention, and time-saving techniques are areas where IoT technology can help meet the public safety needs of expanding populations.
AI for Public Security and Safety Market – Public security and safety encompasses an array of government and public sector responsibilities, ranging from policing to response to natural crisis and disasters. AI for public security and safety holds the potential to improve safety and security across the spectrum.
Quality and Safety Reporting Systems Market – Increased safety regulations by government bodies, multiple statutory and legal requirements, and rising investment of enterprises in these systems to provide better customer experience and better working experience for employees are some major factors driving the growth of quality and safety reporting systems market.
Public Safety In-Building Wireless DAS System Market – The public safety in-building wireless DAS system market has three funding models which include self-funding, neutral host and carrier funding. Self-funding means the enterprise uses internal funding from the company itself.
Pipeline Safety Market – Pipelines are used to transport gas & liquid products to various locations and to users over long distance across the country. These pipelines are recognized as a safe & reliable means for transporting hazardous product over significant distance.
Public Safety & Security Market – With the term public safety & security we layman are bound to perceive it as deployment of police patrolling, posting guards at the city hall and courthouse. In colloquial term public safety & security refers to the welfare and protection of the general public.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: [email protected]
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/safety-laser-scanner-market
Disclaimer: This content is distributed by The GlobeNewswire
