Safety Laser Scanner Market Forecast, 2021-2031: Regional Insights and Emerging Opportunities

Allied Market Research, titled, "Safety Laser Scanner Market by Type, End Use, and Region: Global Opportunity Analysis and Industry Forecast, 2022-2031," The safety laser scanner market was valued at $436.72 million in 2021, and is estimated to reach $849.6 million by 2031, growing at a CAGR of 6.9% from 2022 to 2031.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://www.alliedmarketresearch.com/request-sample/5921

The safety laser scanner is an enhanced electro-sensitive protective device (ESPE) designed to scan two-dimensional surroundings using infrared laser beams. The safety laser scanner is primarily used in manufacturing, logistics, and material handling systems to offer a high level of protection to workers and prevent accidents. In addition, modern safety laser scanners have sophisticated capabilities like dynamic protection zones and field switching, which enable them to adapt to changing conditions and give a more accurate degree of protection. Moreover, next-generation safety laser scanners may be combined with other safety devices like emergency stop buttons and light curtains to form a full safety system.

The growth of global safety laser scanners is majorly driven by technological advancement in machine safety systems coupled with the rise in emphasis on the workplace. Moreover, growth in industrial automation is expected to drive market growth. However, the high cost associated with the safety laser scanners acts as a prime restraint for the growth of the global market. On the contrary, the surge in demand for industrial safety solutions in emerging economies is anticipated to provide lucrative opportunities for the safety laser scanner industry during the forecast period.

According to the safety laser scanner market analysis, the stationary safety laser scanner segment was the highest contributor to the market in 2021. The automotive and food & beverage collectively accounted for around 57.1% market share in 2021. The surge in prime players' initiatives to develop and deploy next-generation machine safety systems globally has led to the growth of laser scanner-based safety solutions; thereby, enhancing the safety laser scanner market growth during the forecast period of 2022-2031.

𝐆𝐞𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/request-for-customization/5921

The outbreak of COVID-19 has significantly impacted the growth of automotive and manufacturing solutions. The decline in growth in manufacturing solutions has significantly impacted the demand for safety laser scanner solutions during the pandemic. Further, the lack of availability of a professional workforce due to the partial and complete lockdown implemented by governments across the globe has restrained the growth of the safety laser scanner market during the pandemic. However, the rise in demand for machine safety systems and Internet of Things solutions has led to the growth of safety laser scanner systems and is expected to drive the growth of the safety laser scanner market during the forecast period.

By type, the stationary safety laser scanner segment dominated the safety laser scanner market trends in 2021 and is expected to dominate the market during the forecast period. By end use, the automotive segment accounted for a major share of global safety laser scanner industry trends, owing to a surge in demand from emerging markets globally. Region-wise, North America holds a significant share of the global safety laser scanner market, owing to the presence of prime players in the region. U.S. dominated the safety laser scanner market in the North America safety laser scanner market. The rise in investment by prime players and government agencies to develop next-generation machine safety solutions for better workforce or labor safety across industrial sectors has led to the growth of the safety laser scanner market during the forecast period.

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/5921

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

• In 2021, the stationary safety laser scanner segment accounted for maximum revenue and is projected to grow at a notable CAGR of 7.2% during the forecast period.
• The automotive segment was the highest revenue contributor to the safety laser scanner market size in 2021.
• The food & beverage and healthcare & pharmaceuticals segments collectively accounted for around 32.9% safety laser scanner market share in 2021.
• North America acquired a major share of the safety laser scanner market with an industry share of 5.7% in 2021.

The key players profiled in the report include 𝑶𝑴𝑹𝑶𝑵 𝑪𝒐𝒓𝒑𝒐𝒓𝒂𝒕𝒊𝒐𝒏, 𝑷𝒂𝒏𝒂𝒔𝒐𝒏𝒊𝒄 𝑪𝒐𝒓𝒑𝒐𝒓𝒂𝒕𝒊𝒐𝒏, 𝑺𝑰𝑪𝑲 𝑨𝑮, 𝑲𝒆𝒚𝒆𝒏𝒄𝒆 𝑪𝒐𝒓𝒑𝒐𝒓𝒂𝒕𝒊𝒐𝒏, 𝑯𝒂𝒏𝒔 𝑻𝒖𝒓𝒄𝒌 𝑮𝒎𝒃𝑯 & 𝑪𝒐. 𝑲𝑮, 𝑯𝒐𝒌𝒖𝒚𝒐 𝑨𝒖𝒕𝒐𝒎𝒂𝒕𝒊𝒄 𝑪𝒐. 𝑳𝒕𝒅, 𝑨𝒓𝒄𝒖𝒔, 𝑩𝒂𝒏𝒏𝒆𝒓 𝑬𝒏𝒈𝒊𝒏𝒆𝒆𝒓𝒊𝒏𝒈, 𝑳𝒆𝒖𝒛𝒆 𝒆𝒍𝒆𝒄𝒕𝒓𝒐𝒏𝒊𝒄 𝑮𝒎𝒃𝑯 𝑪𝒐. 𝑲𝑮, 𝑰𝑫𝑬𝑪 𝑪𝒐𝒓𝒑𝒐𝒓𝒂𝒕𝒊𝒐𝒏, 𝑷𝒆𝒑𝒑𝒆𝒓+𝑭𝒖𝒄𝒉𝒔 𝑺𝑬, 𝒂𝒏𝒅 𝑹𝒐𝒄𝒌𝒘𝒆𝒍𝒍 𝑨𝒖𝒕𝒐𝒎𝒂𝒕𝒊𝒐𝒏 𝑰𝒏𝒄. Market players have adopted various strategies such as product launch, collaboration, partnership, joint venture, and acquisition to expand their foothold in the safety laser scanner market size. For instance, in June 2021, Maxim Integrated Products, Inc. announced its collaboration with Sick AG. This allowed Maxim's software-configurable digital IO products to enable a 50 percent size reduction for the microScan3 Core I/O LiDAR-based safety laser scanner from SICK AG. It also allowed SICK to expand the versatility of the new nanoScan3 Safety Laser Scanner for machines and vehicles that require high performance but have minimal mounting space.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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