Laser Safety Glasses Market; Laser Protective Face Shields to Witness Increased Demand, Reflecting Above Average Growth Rate: Global Industry Analysis and Opportunity Assessment, 2015 - 2025

  • Published: Mar, 2016
  • Report Code: REP-GB-885

An Incisive, In-depth Analysis on the Laser Safety Glasses Market

This study offers a comprehensive, 360 degree analysis on the Laser Safety Glasses market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Laser Safety Glasses market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Laser safety glasses are used across various industries to protect eyes from harmful laser radiation or laser beams. Use of laser and laser related machines is growing, resulting in increased demand for laser safety glasses. American National Standard Institute (ANSI) classifies laser into the following five classes on the basis of their impact on naked eyes:

  • Laser class 1
  • Laser class 2
  • Laser class 3A
  • Laser Class 3B
  • Laser Class 4

Use of laser safety glasses for class 3b and laser class 4 is compulsory

Drivers, Restraints & Trends

Laser safety glasses market is anticipated to be valued at US$ 613.3 Mn by 2025 end, increasing at a CAGR of 8.2% over the forecast period (2015–2025). This can mainly be attributed to technological advancements driving increasing applications of lasers, stringent government regulations for usage of laser safety glasses and increasing number of laser strike incidences in aviation sector, among others.

Occupational Safety and Health Administration (OSHA) is a regulatory body that sets standards for usage of personal protective equipment across various sectors and industries. As per law, employers are required to ensure safety at the workplace. Workers may file a complaint to have OSHA inspect their workplace if they believe that OSHA standards are not being followed at the workplace.  Increasing options with regards to comfort and design of laser safety glasses has also increased usage of laser safety glasses worldwide.

Analysis, by Geography

Geographically, the global laser safety glasses market is segmented into seven regions: North America, Western Europe, Asia Pacific Excluding Japan, Japan, Latin America, the Middle East and Africa and Latin America. Of these, the most prominent regional markets are North America and Western Europe, which have been estimated to collectively account for over 50% of the global laser safety glasses market volume in 2015. North America is expected to remain the most dominant market for laser safety glasses throughout the forecast period. The region is anticipated to account for major share of laser safety glasses market, owing to its usage in medical applications such as dentistry and dermatology, and military & defence sectors. The U.S has been estimated to account for over 80% share of the North America laser safety glasses market in 2015, in terms of value.

However, in terms of growth, APEJ is anticipated to grow faster than other regions, registering a double digit CAGR of during the forecast period in the global laser safety glasses market.  Latin America and Eastern Europe markets are also anticipated to witness significant CAGRs during the forecast period.

Analysis, by Segment:

On the basis of application, the laser safety glasses market is segmented into automotive manufacturing, medical, chemicals, military & defense and others (includes welding, oil & gas, mining applications and industrial manufacturing). Among these, revenue contribution of the military and defense segment is anticipated to increase at a healthy CAGR of 8.8% during the forecast period. The medical segment has been estimated to account for over 40.0% share of the global laser safety glasses market revenue in 2015.

In terms of technology, laser safety market is segmented into glass laser safety eyewear, polycarbonate laser safety glasses, thin film glasses, laser protective glasses, and intense pulse light (IPL) safety glasses. Among these, glass laser safety eyewear segment has been estimated to account for over 30% of the laser safety glasses market revenue and is anticipated to increase at a healthy CAGR of 7.6% during the forecast period. Laser protective face shields segment is expected to exhibit highest CAGR of CAGR of 9.0% in terms of value, during the forecast period.

Key Players:

Key market players covered in the report include Honeywell International Inc., uvex group, Phillips Safety Products, Inc., Thorlabs, Inc., Univent Optical Technologies, Kentek Corporation, Laser Safety Industries, NoIR Laser Company LLC, Global Laser Ltd. And VS Eyewear. Major players are focus on driving inorganic growth through merger and acquisitions and expanding their product portfolio.

laser-safety-glasses-market

This Future Market Insights report examines the ‘Global Laser Safety Glasses’ market for the period 2015-2025. The primary objective of the report is estimation of market potential of the laser safety glasses market, examining marketing efforts and to identify the market opportunities in the global laser safety glasses market.

Laser safety glasses market is mainly driven by increasing usage of laser machines across various end-use industries. Laser safety glasses are widely used in the healthcare sector for various applications such as dermatology and dentistry. Stringent government regulations about usage of personal protection equipment, including laser safety glasses, increasing awareness about impact of laser beams on naked eyes are driving demand for laser safety glasses.

The report provides strategies adopted by laser safety glasses manufacturers, which are significantly driving growth of the global laser safety glasses market. This study analyses, estimates and forecasts the global laser safety glasses market from the consumption perspective, in terms of revenue (US$ Mn) during the forecast period (2015–2025). The report also highlights impact of various drivers and restraints in the concerned regions, during the forecast period.

To understand and assess opportunities in this market, the report is categorically divided under various sections such as market analysis by region (North America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Latin America, Japan and the Middle East & Africa), by application type (medical, military & defence, automotive manufacturing, chemicals and other-includes oil & power, welding and mining). The laser safety glasses market is also segmented on the basis of technology, which includes glass laser safety eyewear, polycarbonate safety glasses, thin film glasses, laser protective face shields and intense pulse light safety glasses.

The report starts with an overview of the laser safety glasses across the globe, its importance and key features. In the other sections, FMI covers key trends, drivers and inhibitors from supply and demand perspective. It also covers market opportunities in the laser safety glasses market. Impact analysis of key growth drivers and inhibitors, based on the weighted average model is included in the report to better equip clients with crystal clear decision making insights.

The following section of the report analyses the market on the basis of technology type and application type and presents the forecast in terms of value for the following 10 years up to 2025.

Regions covered in the report are as follows:

  • North America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Latin America
  • Middle East & Africa (MEA)

To calculate market size, the report considers various aspects based on secondary research. Data points such as regional split and market split by segment, and qualitative inputs from primary respondents have also been incorporated to arrive at appropriate market estimates.

The forecast presented here assesses total revenue generated in the laser safety glasses market. While forecasting the market, sizing the current market is considered to be the starting point, which forms the basis for the forecast, as to how the market is anticipated to take shape in the near future. Given the characteristics of the market, we triangulated data via different analysis, based on supply side, demand side, and dynamics of the related markets. However, quantifying the market on the basis of the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse it on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand predictability of the market and to identify right opportunities in the laser safety glasses market.

Another key feature of this report is analysis of the laser safety glasses market, by region, and its revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global laser safety glasses market.

To understand the key growth segments in terms of growth & performance of laser safety glasses market, Future Market Insights developed the market attractiveness index. The resulting index should help providers identify real market opportunities.

Few of the market players featured in the section include:

  • Honeywell International Inc.
  • uvex group
  • Phillips Safety Products, Inc.
  • Thorlabs, Inc.
  • Univent Optical Technologies
  • Kentek Corporation
  • Laser Safety Industries
  • NoIR Laser Company LLC
  • Global Laser Ltd.
  • VS Eyewear

Laser Safety Glasses Market Reports - Table of Contents

Laser Safety Glasses Market Reports - List of Tables

Table 1: Global Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Technology, 2014–2025

Table 2: Global Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Application, 2014–2025

Table 3: Global Laser Safety Glasses Market Value (US$ Mn) Forecast, By Region, 2014–2025

Table 4: Global Laser Safety Glasses Market Volume (‘000 Units) Forecast, By Region, 2014–2025

Table 5: North America Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units), By Country, 2014–2025

Table 6 : North America Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Technology, 2014–2025

Table 7: North America Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Application, 2014–2025

Table 8: Latin America Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units), By Country, 2014–2025

Table 9: Latin America Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Technology, 2014–2025

Table 10: Latin America Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Application, 2014–2025

Table 11: Western Europe Laser Safety Glasses Market Value (US$ Mn) Forecast, By Country, 2014–2025

Table 12: Western Europe Market Volume (‘000 Units) Forecast, By Country, 2014–2025

Table 13: Western Europe Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Technology, 2014–2025

Table 14: Western Europe Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Application, 2014–2025

Table 15 : Eastern Europe Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units), By Country, 2014–2025

Table 16: Eastern Europe Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Technology, 2014–2025

Table 17: Eastern Europe Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Application, 2014–2025

Table 18: APEJ Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units), By Country, 2014–2025

Table 19: APEJ Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Technology, 2014–2025

Table 20: APEJ Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Application, 2014–2025

Table 21: Japan Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units), 2014–2025

Table 22: Japan Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Technology, 2014–2025

Table 23: Japan Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Application, 2014–2025

Table 24: Middle East & Africa Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units), By Country, 2014–2025

Table 25: Middle East & Africa Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Technology, 2014–2025

Table 26: Middle East & Africa Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, By Application, 2014–2025

Laser Safety Glasses Market Reports - List of Figures

Figure 1: Incremental Opportunity, 2015–2025

Figure 2: Application Type, 2015

Figure 3: Technology Type, 2015

Figure 4: Number of Laser Strike Incidences Reported to U.S. Federal Aviation Administration

Figure 5: Average Number of Laser Illuminations Reported to U.S. Federal Aviation Administration/day

Figure 6: Relative Market Position on Product Life Cycle and Opportunities

Figure 7: Global Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025 (US$ Mn)

Figure 8: Global Laser Safety Glasses Market– Scenario Forecast, 2015–2025 (US$ Mn

Figure 9: Global Laser Safety Glasses Market Volume (‘000 Units) and Y-o-Y Growth Forecast (%), 2014–2025

Figure 10: Global Laser Safety Glasses Market– Scenario Forecast, 2015–2025 (‘000 Units)

Figure 11: Global Laser Safety Glasses Market, BPS Analysis By Technology, 2015 & 2025

Figure 12: Global Laser Safety Glasses Market Revenue Y-o-Y Growth, By Technology, 2015–2025

Figure 13: Global Laser Safety Glasses Market Absolute $ Opportunity By Glass Laser Safety Eyewear Segment, 2015–2025

Figure 14: Global Laser Safety Glasses Market Absolute $ Opportunity By Polycarbonate Safety Glasses Segment, 2015–2025

Figure 15: Global Laser Safety Glasses Market Absolute $ Opportunity By Thin-film Glasses Segment, 2015–2025

Figure 16: Global Laser Safety Glasses Market Absolute $ Opportunity By Laser Protective Face Shields Segment, 2015–2025

Figure 17: Global Laser Safety Glasses Market Absolute $ Opportunity By Intense Pulse Light Glasses Segment, 2015–2025

Figure 18: Global Laser Safety Glasses Market Attractiveness, By Technology, 2015–2025

Figure 19: Global Laser Safety Glasses Market, BPS Analysis By Application, 2015 and 2025

Figure 20: Global Laser Safety Glasses Market Revenue Y-o-Y Growth, By Application, 2015–2025

Figure 21: Global Laser Safety Glasses Market Absolute $ Opportunity By Automotive Manufacturing Segment, 2015–2025

Figure 22: Global Laser Safety Glasses Market Absolute $ Opportunity By Medical Segment, 2015–2025

Figure 23: Global Laser Safety Glasses Market Absolute $ Opportunity By Chemicals Segment, 2015–2025

Figure 24: Global Laser Safety Glasses Market Absolute $ Opportunity By Military and Defence Segment, 2015–2025

Figure 25: Global Laser Safety Glasses Market Absolute $ Opportunity By Others Segment, 2015–2025

Figure 26: Global Laser Safety Glasses Market Attractiveness, By Application, 2015–2025

Figure 27: Global Laser Safety Glasses Market, BPS Analysis By Region, 2015 and 2025

Figure 28: Global Laser Safety Glasses Market Revenue Y-o-Y Growth, By Region, 2015–2025

Figure 29: Laser Safety Glasses Prices–2015 (E)

Figure 30: Laser Safety Glasses Prices–2025 (F)

Figure 31: Global Laser Safety Glasses Market Attractiveness, By Region, 2015–2025

Figure 32: North America Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, 2015–2025

Figure 33: North America Laser Safety Glasses Market Value Share, By Technology, 2015 & 2025

Figure 34: North America Laser Safety Glasses Market Value Share, By Application, 2015 & 2025

Figure 35: North America Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 36: North America Laser Safety Glasses Market Revenue Y-o-Y Growth, By Country, 2015–2025

Figure 37: U.S. Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 38: Canada Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 39: North America Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 40: North America Laser Safety Glasses Market Attractiveness, By Technology, 2015–2025

Figure 41: North America Laser Safety Glasses Market Attractiveness, By Application, 2015–2025

Figure 42: Latin America Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, 2015–2025

Figure 43: Latin America Laser Safety Glasses Market Value Share, By Technology, 2015 & 2025

Figure 44: Latin America Laser Safety Glasses Market Value Share, By Application, 2015 & 2025

Figure 45: Latin America Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 46: Latin America Laser Safety Glasses Market Revenue Y-o-Y Growth, By Country, 2015–2025

Figure 47: Mexico Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 48: Brazil Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 49: Rest of Latin America Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 50: Latin America Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 51: Latin America Laser Safety Glasses Market Attractiveness, By Technology, 2015–2025

Figure 52: Latin America Laser Safety Glasses Market Attractiveness, By Application, 2015–2025

Figure 53: Western Europe Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, 2015–2025

Figure 54: Western Europe Laser Safety Glasses Market Value Share, By Technology, 2015 & 2025

Figure 55: Western Europe Laser Safety Glasses Market Value Share, By Application, 2015 & 2025

Figure 56: Western Europe Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 57: Western Europe Laser Safety Glasses Market Revenue Y-o-Y Growth, By Country, 2015–2025

Figure 58: France Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 59: Germany Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 60: U.K. Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 61: Italy Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 62: Spain Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 63: Nordic Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 64: Benelux Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 65: Rest of Western Europe Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 66: Western Europe Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 67: Western Europe Laser Safety Glasses Market Attractiveness, By Technology, 2015–2025

Figure 68: Western Europe Laser Safety Glasses Market Attractiveness, By Application, 2015–2025

Figure 69: Eastern Europe Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, 2015–2025

Figure 70: Eastern Europe Laser Safety Glasses Market Value Share, By Technology, 2015 & 2025

Figure 71: Eastern Europe Laser Safety Glasses Market Value Share, By Application, 2015 & 2025

Figure 72: Eastern Europe Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 73: Eastern Europe Laser Safety Glasses Market Revenue Y-o-Y Growth, By Country, 2015–2025

Figure 74: Russia Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 75: Poland Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 76: Rest of Eastern Europe Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 77: Eastern Europe Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 78: Eastern Europe Laser Safety Glasses Market Attractiveness, By Technology, 2015–2025

Figure 79: Eastern Europe Laser Safety Glasses Market Attractiveness, By Application, 2015–2025

Figure 80: APEJ Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, 2015–2025

Figure 81: APEJ Laser Safety Glasses Market Value Share, By Technology, 2015 & 2025

Figure 82: APEJ Laser Safety Glasses Market Value Share, By Application, 2015 & 2025

Figure 83: APEJ Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 84: APEJ Laser Safety Glasses Market Revenue Y-o-Y Growth, By Country, 2015–2025

Figure 85: China Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 86: India Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 87: ASEAN Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 88: Australia & New Zealand Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 89: Rest of APEJ Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 90: APEJ Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 91: APEJ Laser Safety Glasses Market Attractiveness, By Technology, 2015–2025

Figure 92: APEJ Laser Safety Glasses Market Attractiveness, By Application, 2015–2025

Figure 93: Japan Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, 2015–2025

Figure 94: Japan Laser Safety Glasses Market Value Share, By Technology, 2015 & 2025

Figure 95: Japan Laser Safety Glasses Market Value Share, By Application, 2015 & 2025

Figure 96: Japan Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 97: Japan Laser Safety Glasses Market Attractiveness, By Technology, 2015–2025

Figure 98: Japan Laser Safety Glasses Market Attractiveness, By Application, 2015–2025

Figure 99: Middle East & Africa Laser Safety Glasses Market Value (US$ Mn) and Volume (‘000 Units) Forecast, 2015–2025

Figure 100: Middle East & Africa Laser Safety Glasses Market Value Share, By Technology, 2015 & 2025

Figure 101: Middle East & Africa Laser Safety Glasses Market Value Share, By Application, 2015 & 2025

Figure 102: Middle East & Africa Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 103: Middle East & Africa Laser Safety Glasses Market Revenue Y-o-Y Growth, By Country, 2015–2025

Figure 104: GCC Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 105: North Africa Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 106: South Africa Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 107: Turkey Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 108: Rest of Middle East & Africa Laser Safety Glasses Market Absolute $ Opportunity, 2015–2025

Figure 109: Middle East & Africa Laser Safety Glasses Market Attractiveness, By Country, 2015–2025

Figure 110: Middle East & Africa Laser Safety Glasses Market Attractiveness, By Technology, 2015–2025

Figure 111: Middle East & Africa Laser Safety Glasses Market Attractiveness, By Application, 2015–2025

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