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 glass Market – Key Growth Influencers
Government Regulations Regarding Industrial Safety
Increase in stringent government regulations for worker safety is expected to drive market growth of laser safety glass in the forthcoming period. For instance, OSHA (Occupational Safety and Health Administration) sets standards for the use of Personal Protective Equipment (PPE) across metal fabrication, welding, automotive component manufacturing, advanced healthcare and defence. The enforcement of this regulation is expected to foray into regional markets of potential growth such as Middle East, Asia and Latin America thus fortifying the market growth and presence beyond the established regions.
High Traction in Medical Services and Industrial Engineering Space
New laser applications present unique safety and personal protection challenges in medicine, defense, research and industry. Laser safety glass provides protection from high density lasers while performing laser treatment processes. Technological advancements in oncology, dentistry, dermatology, and aesthetic medicine and cosmetic surgery have provided broader scope for the applications of laser safety glass.
Amongst all the end use sectors, Industrial construction consumes a significant market share of the Laser Safety glass industry due to the metal fabricating processes such as welding, engraving, 3D printing, automotive component manufacturing etc.
The value share of the glass laser eyewear segment is projected to grow 1.4X compared to that of the polycarbonate safety segment over the forecast period, due to easy availability and cost-effectiveness of glass laser. Glass laser type of eyewear offers better protection capacity when exposed to hazardous surroundings for workers as compared to polycarbonate ones.
With regard to cumulative dollar potential, the glass laser eyewear segment is expected to create an opportunity 1.25X that of polycarbonate laser safety glass over the forecast period.
Innovations Such as Intense Pulse Light (IPL) Safety Glasses
In terms of technology, the laser safety glass market is segmented into glass laser safety eyewear, polycarbonate laser safety glass, thin film glasses, laser protective glasses, and intense pulse light (IPL) safety glasses. Among these, the glass laser safety eyewear segment has been estimated to account for over 30% of the laser safety glass market revenue in 2019, and is anticipated to increase at a healthy CAGR during the forecast period. The laser protective face shields segment is expected to exhibit prominent CAGR of ~12% in terms of value, during the forecast period.
Laser Safety Glass Market Structure Analysis
- The global laser safety glass market is fragmented due to the significant presence of small- & medium-sized manufacturers.
- Key players such as Honeywell International Inc., 3M, uvex group, Phillips Safety Products, Inc., and Thorlabs, Inc., are anticipated to account for ~30 percent of the global market for laser safety glass and generate a revenue of more than US$ 50 million in the market for laser safety glass.
- Other market participants comprise of players such as s Univent Optical Technologies, Kentek Corporation, Laser Safety Industries, NoIR Laser Company LLC, Global Laser Ltd., and VS Eyewear in the global laser safety glass market.
- Laser Safety Glass manufacturers are primarily pursuing strategies such as mergers and acquisitions with regional or international enterprises as well as focus of sales promotions through online platforms via sales discounts, bulk buying offers to strengthen their product/ brand image as well as sales footprint.
- Most companies are majorly relying on online sales of laser safety glass. Companies such as Philips Safety Products, Laservision by uvex group are providing discounted coupons for laser safety glass as part of their promotional campaigns
Laser safety glass market Analysis 2019-2029
A recent market study published by FMI on the laser safety glass market includes the global industry analysis for 2014-2018 & opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on historic as well as current growth parameters of the laser safety glass market, the report provides key dynamics, competition analysis, and regional analysis in a comprehensive manner.
Laser safety glass market: Taxonomy
The global laser safety glass market is segmented to cover every aspect of the market and present complete market intelligence to the reader.
Chapter 01 – Executive Summary
The report initiates with the executive summary of the laser safety glass market, which includes a summary of the key findings and statistics, along with demand & supply-side trends pertaining to the laser safety glass market.
Chapter 02 – Market Overview
In this chapter, readers can find the definition and a detailed taxonomy of the laser safety glass market, which will help them understand basic information about the market. Along with this, comprehensive information about laser safety glasses is provided in this section.
Chapter 03 – Market Dynamics
This chapter explains key drivers and trends that are expected to influence the growth of the laser safety glass market during the forecast period. In addition, this section also highlights the Relative Market Position on Product Life Cycle and Opportunities. Moreover, in-depth information about the regulations set by different governments for the laser safety glass market have been provided in the section.
Chapter 04 – Market Background
This section explains the global market value chain along with macro-economic factors for the laser safety glass market in the forecast period of 2019-2029. The optimistic, likely and conservative scenario has been highlighted.
Chapter 05 – Global Laser safety glass market Analysis
This section explains the global market value and volume analysis for the laser safety glass market in the forecast period 2019-2029. This chapter includes a detailed analysis of the historical laser safety glass market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029).
Chapter 06 – Global Laser safety glass market by Technology
The market is segmented into glasses laser eyewear safety, polycarbonate safety glasses, thin film glasses, laser protective face shield, and intense pulse light glasses.
Chapter 07 – Global Laser safety glass market by Application
The market is segmented into automotive, medical, chemicals, military, aerospace & defense, and others.
Chapter 08 – Global Laser safety glass market by Region
This chapter explains how the laser safety glass market will grow across various geographic regions such as North America, Latin America, Eastern Europe, Western Europe, MEA, APEJ, and Japan.
Chapter 09 – North America Laser safety glass market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter includes a detailed analysis of the growth of the North America laser safety glass market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis and market growth for the region here.
Chapter 10 – Latin America Laser safety glass market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the laser safety glass market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America along with targeted segments.
Chapter 11 – Eastern Europe Laser safety glass market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the laser safety glass market in countries such Russia, Poland, and the Rest of Eastern Europe.
Chapter 12 – Western Europe Laser safety glass market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the laser safety glass market in countries such as Germany, Italy, the U.K., France, Spain, Russia, Nordic Countries, and the Rest of Europe.
Chapter 13 – MEA Laser safety glass market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides information about how the laser safety glass market will grow in major countries in the MEA region, such as GCC, North Africa South Africa, Turkey and the Rest of MEA during the forecast period of 2019-2029.
Chapter 14 – APEJ Laser safety glass market Analysis 2014-2018 & Opportunity Assessment 2019-2029
This chapter provides information about how the laser safety glass market will grow in major countries in the APEJ region such as, China, India, ASEAN, AUS & NZ and Rest of APEJ, during the forecast period of 2019-2029.
Chapter 15 – Japan Laser safety glass market Analysis 2014-2018 & Opportunity Assessment 2019-2029
Important growth prospects of the laser safety glass market based on its operators and end users in Japan are included in this chapter.
Chapter 16 – Competitive Landscape
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the laser safety glass market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments.
Chapter 17 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the laser safety glass market.
Chapter 18 –Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the laser safety glass market report.
Sources and Primary Research Splits (%):-
- C - Level Executives
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- Current market dynamics and challenges
- Yesteryear trends
- Market characteristics
- Market performance and growth quadrants
- Competition structure and market structure
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- Market segment splits and authenticity
- Opinions on market projections and validity of assumptions
- Industry Publications
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- Annual Reports and Investor Presentations
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- Government Websites and Publications
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Laser Safety Glass Market Reports - Table of Contents
1. Executive Summary
3. Market Dynamics
4. Market Background
17. Research Methodology
18. Assumptions and Acronyms Used