Safety Laser Scanner Market Overview (2022 to 2027)

Expanding at a CAGR of 6.2%, the global safety laser scanner market is projected to increase from a valuation of USD 280.2 Million in 2021 to USD 402.2 Million by 2027. The safety laser scanner demand accounted for almost 15% market share of global laser scanner market.

Attribute Details
2022 Market Value USD 298.1 Million
2027 Market Value USD 402.2 Million
CAGR% (2022 to 2027) 6.2%
Share of Top 5 Market Players 30%

Stationary safety laser scanner, and mobile safety laser scanner are used for monitoring the travel path of moving vehicles and zone guarding near production equipment areas. The safety laser scanner market offers a wide range of cost-effective solution such as industrial safety systems, 2D laser scanners, laser scanners and LIDAR systems, and others, for use with new machine installations or for retro fitting machines, plants, or even vehicles.

A safety laser scanner is a development in machinery safety, which has had a transforming impact on machinery development and productivity. Safety laser scanning procedures used terrestrial laser scanning (TLS), advanced sensors, laser beams, global positioning systems (GPS), receiver electronics, inertial measurement units (IMU), and photodetectors.

How The Market Progressed Till June 2022?

Market Statistics Details
H1,2021 (A) 7.8%
H1,2022 Projected (P) 7.2%
H1,2022 Outlook (O) 6.9%
BPS Change : H1,2022 (O) - H1,2022 (P) (-) 30 ↓
BPS Change : H1,2022 (O) - H1,2021 (A) (-) 90 ↓

Future Market Insights anticipates a comparison and review analysis for safety laser scanner market subjected to assembly of industry factors. Safety laser scanners are sensing devices which are designed for the protection of personnel from injury and can be mounted for the detection of undesirable entrances into hazardous areas.

The difference in the BPS values observed in the safety laser scanner market in H1, 2022 - Outlook over H1, 2022 projected implies a 30-unit reduction, according to the FMI analysis. Factors which impact and hinder the growth of the market are high initial cost and lack of funds due to involvement of complex technologies and high end features.

Thus, the cost associated with installation, maintenance and service proves to be a major barrier in the growth of safety laser scanners.

Furthermore, compared to H1, 2021, the market is projected to decline by 90 BPS in H1 -2022 (O). High market competition for products with similar offerings across the market such as safety mats hampers the market growth. Moreover, leaking oil, dust or grease can trip the safety laser scanners which restricts its operations and slows the market demand.

Demand Analysis Of Safety Laser Scanner From 2013 to 2021 Vs Market Outlook For 2022 to 2027

A safety laser scanner is a development in machinery safety, which has had a transforming impact on machinery development and productivity. Safety laser scanners have introduced new methods such as 3D scanning systems to provide detailed analysis for road surveying and traffic construction.

The safety laser scanner market is estimated to rise at 6.2% CAGR between 2022 and 2027 in comparison with 5.0% CAGR registered during 2013 to 2021.

A safety laser scanner detects when a person approaches within the range of any hazardous movement. In case the warning field is accessed, a controlled barking system that warns against the hazardous movement is activated, following which access to the protected field is prevented. In situations where it is difficult to watch in the danger zones, a safety laser scanner is installed to detect the entry of a person, and it helps prevent the same.

Why The Safety Laser Scanners Mostly Used For Stationary As Well As Mobile Purposes?

Safety laser scanners have applications for stationary as well as mobile purposes. They are often used to help avoid the collision of vehicles as well as for vehicle navigation applications.

As safety laser scanners are flexible, they are widely used for mobile applications. For mobile applications, these scanners have a special feature known as zone set switching. These scanners provide this feature through various factors, such as safety standards, resolution, physics, traffic, environment and maximum range.

As per the requirement of a specific operation or a process, the safety laser scanner can be programmed into different zone sets, which can be switched from one set to another based on specific needs. This ability of safety laser scanners to dynamically change is expected to be one of the major factors driving the market, during the forecast period.

Country-Wise Insights

How big is the Opportunity for Adoption of Safety Laser Scanners in the China?

Asia Pacific excluding Japan is predicted to remain one of the most attractive markets during the forecast period. According to the study, China is expected to account for nearly 40.7%

The growth of the safety laser scanners market in China depends on the growth of the consumer electronics and manufacturing sectors, where safety laser scanners are extensively used. 2D safety laser scanners are used in consumer electronics and automotive sector. Preference for 3D safety laser scanners is another key trend in safety laser scanners market in the Asia Pacific excluding Japan region.

Why is Demand for Safety Laser Scanners Increasing in the Germany?

The safety laser scanners demand in the Germany is expected to rise at a notable CAGR of around 7.9% over the forecast period. Increasing demand for safety laser scanner for logistics and packaging operations in manufacturing facilities is driving the demand for Germany safety laser scanners market.

However, Spain and BENELUX together are estimated to create 13% of the total incremental $ opportunity created by the European region. Owing to technological advancement such as time-of-flight technology, and continues innovation in automotive industry, the demand for safety laser scanner is increasing in this region.

How India is contributing towards the Market Growth?

India market is set to report the one of the largest manufacturer of safety laser scanners, and market size is expected reach 1.5X by 2027. The India market is anticipated to create an absolute dollar opportunity of ~USD 8.4 Million during 2022 to 2027.

India safety laser scanners market growth can be attributed to the rapid increase in production facilities in India for end-user industries such as healthcare & pharmaceuticals and automotive. Further, government rules and regulations are also in favor of increasing the number of safety laser scanners manufacturing facilities in this region.

Category-Wise Insights

Why is Demand for Mobile Safety Laser Scanner Rising?

The stationary safety laser scanner segment by type will dominate the global demand for safety laser scanner, and expected to grow by 1.3X between 2022 & 2027. However, mobile safety laser scanner segment is set to witness highest growth rate of nearly 7.5% CAGR during 2022 to 2027.

The increasing usage of mobile safety laser scanner is fuelling the global safety laser scanner market. It also offers various feature such as area protection, wide detection range, high-precision measurement data, ultra-compact design, and others.

Why is Safety Laser Scanner Demand Rising in the Automotive End User Segment?

On the basis of end user, safety laser scanner is sub-segmented into automotive, food & beverages, healthcare & pharmaceuticals, consumer electronics, and others. Automotive sub-segment is expected to dominate the overall end user segment in terms of revenue share as 37.5% in 2022.

The increasing usage of safety laser scanner for automotive applications such as vehicle navigation, robotic work cells, automated guided vehicles (AGV), and others, to drive market growth. Safety laser scanners are widely employed in the pharmaceutical manufacturing business, which is primarily concerned with drug production, which is the process of synthesising pharmaceutical medications on a big scale.

Competitive Landscape

The safety laser scanner manufacturer focuses on launching innovative products and expanding its safety laser scanner offerings to deliver enhanced technology as well as offer new and upgraded products in new markets. The business alliances strategy helps the company in product development, technological management, and in expanding its customer base.

For instance:

  • In April 2020, SICK launched newest ultra-compact safety laser scanner, nanoScan3. This product combines smart safety functions with excellent measurement data quality for accurate and reliable localization.
  • In June 2021, Maxim Integrated announced that its software-configurable digital IO products helped enable a 50 percent size reduction for the microScan3 Core I/O LiDAR-based safety laser scanner.

Safety Laser Scanner Market Report Scope

Attribute Details
Market value in 2021 USD 280.2 Million
Market CAGR 2013 to 2021 5.0%
Share of top 5 players Around 30%
Forecast Period 2022 to 2027
Historical Data Available for 2013 to 2021
Market Analysis USD Million for Value
Key regions covered North America; Latin America; Europe; Middle East and Africa; APEJ
Key countries covered USA, Canada, Brazil, Mexico, Germany, UK, 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

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

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Key Market Trends
  • 4. Pricing Analysis
  • 5. Market Structure Analysis
  • 6. Global Market Demand (in Volume in ‘000 Units) Analysis 2013 to 2021 and Forecast, 2022 to 2027
  • 7. Global Market Demand (in Value in USD Million) Analysis 2013 to 2021 and Forecast, 2022 to 2027
  • 8. Market Background
  • 9. Global Market Analysis 2013 to 2021 and Forecast 2022 to 2027 by Type
    • 9.1. Stationary Safety Laser Scanner
    • 9.2. Mobile Safety Laser Scanner
  • 10. Global Market Analysis 2013 to 2021 and Forecast 2022 to 2027 by End User
    • 10.1. Automotive
    • 10.2. Food & Beverages
    • 10.3. Healthcare & Pharmaceuticals
    • 10.4. Consumer Electronics
    • 10.5. Others
  • 11. Global Market Analysis 2013 to 2021 and Forecast 2022 to 2027 by Region
    • 11.1. North America
    • 11.2. Latin America
    • 11.3. Europe
    • 11.4. Asia & Pacific excluding Japan
    • 11.5. Japan
    • 11.6. Middle East & Africa
  • 12. North America Market Analysis 2013 to 2021 and Forecast 2022 to 2027
  • 13. Latin America Market Analysis 2013 to 2021 and Forecast 2022 to 2027
  • 14. Europe Market Analysis 2013 to 2021 and Forecast 2022 to 2027
  • 15. Asia Pacific excluding Japan Market Analysis 2013 to 2021 and Forecast 2022 to 2027
  • 16. Japan Market Analysis 2013 to 2021 and Forecast 2022 to 2027
  • 17. Middle East and Africa Market Analysis 2013 to 2021 and Forecast 2022 to 2027
  • 18. Competition Analysis
    • 18.1. Rockwell Automation, Inc.
    • 18.2. Panasonic Corporation
    • 18.3. SICK AG
    • 18.4. Omron Corporation
    • 18.5. Keyence Corporation
    • 18.6. IDEC Corporation
    • 18.7. Pepperl+Fuchs GmbH
    • 18.8. Banner Engineering
    • 18.9. Leuze electronic GmbH + Co. KG
    • 18.10. Hans TURCK GmbH & Co. KG
  • 19. Assumptions and Acronyms Used
  • 20. Research Methodology

List of Tables

Table 01: Global Safety Laser Scanner Market Size (US$ Mn) Forecast by Type, 2013–2027

Table 02: Global Safety Laser Scanner Market Size (US$ Mn) Forecast by End User, 2013–2027

Table 03: Global Safety Laser Scanner Market Size (US$ Mn) Forecast by Region, 2013–2027

Table 04: North America Safety Laser Scanner Market Size (US$ Mn) Forecast by Type, 2013–2027

Table 05: North America Safety Laser Scanner Market Size (US$ Mn) Forecast by End User, 2013–2027

Table 06: North America Safety Laser Scanner Market Size (US$ Mn) Forecast by Country, 2013–2027

Table 07: Latin America Safety Laser Scanner Market Size (US$ Mn) Forecast by Type, 2013–2027

Table 08: Latin America Safety Laser Scanner Market Size (US$ Mn) Forecast by End User, 2013–2027

Table 09: Latin America Safety Laser Scanner Market Size (US$ Mn) Forecast by Country, 2013–2027

Table 10: Europe Safety Laser Scanner Market Size (US$ Mn) Forecast by Type, 2013–2027

Table 11: Europe Safety Laser Scanner Market Size (US$ Mn) Forecast by End User, 2013–2027

Table 12: Europe Safety Laser Scanner Market Size (US$ Mn) Forecast by Country, 2013–2027

Table 13: Asia Pacific excluding Japan Safety Laser Scanner Market Size (US$ Mn) Forecast by Type, 2013–2027

Table 14: Asia Pacific excluding Japan Safety Laser Scanner Market Size (US$ Mn) Forecast by End User, 2013–2027

Table 15: Asia Pacific excluding Japan Safety Laser Scanner Market Size (US$ Mn) Forecast by Country, 2013–2027

Table 16: Japan Safety Laser Scanner Market Size (US$ Mn) Forecast by Type, 2013–2027

Table 17: Japan Safety Laser Scanner Market Size (US$ Mn) Forecast by End User, 2013–2027

Table 18: Japan Safety Laser Scanner Market Size (US$ Mn) Forecast by Country, 2013–2027

Table 19: Middle East and Africa Safety Laser Scanner Market Size (US$ Mn) Forecast by Type, 2013–2027

Table 20: Middle East and Africa Safety Laser Scanner Market Size (US$ Mn) Forecast by End User, 2013–2027

Table 21: Middle East and Africa Safety Laser Scanner Market Size (US$ Mn) Forecast by Country, 2013–2027

List of Figures

Figure 01: Global Safety Laser Scanner Market Value (US$ Mn) and Y-o-Y Growth Rate from 2022-2027

Figure 02: Global Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2022 – 2027

Figure 03: Global Safety Laser Scanner Market Value (US$ Mn), 2013-2021

Figure 04: Global Safety Laser Scanner Market Value (US$ Mn), 2022-2027

Figure 05: Global Safety Laser Scanner Market: Market Share Analysis by Type– 2022 & 2027

Figure 06: Global Safety Laser Scanner Market: Y-o-Y Growth Comparison by Type, 2022–2027

Figure 07: Global Safety Laser Scanner Market: Market Attractiveness by Type

Figure 08: Global Safety Laser Scanner Market: Market Share Analysis by End User– 2022 & 2027

Figure 09: Global Safety Laser Scanner Market: Y-o-Y Growth Comparison by End User, 2022–2027

Figure 10: Global Safety Laser Scanner Market: Market Attractiveness by End User

Figure 11: Global Safety Laser Scanner Market: Market Share Analysis by Region – 2022 & 2027

Figure 12: Global Safety Laser Scanner Market: Y-o-Y Growth Comparison by Region, 2022–2027

Figure 13: North America Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 14: Latin America Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 15: Europe Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 16: Japan Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 17: Asia Pacific excluding Japan Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 18: Middle East & Africa Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 19: Global Safety Laser Scanner Market: Market Attractiveness by Region

Figure 20: North America Safety Laser Scanner Market Value (US$ Mn), 2013-2021

Figure 21: North America Safety Laser Scanner Market Value (US$ Mn), 2022-2027

Figure 22: North America Safety Laser Scanner Market: Market Share Analysis by Type– 2022 & 2027

Figure 23: North America Safety Laser Scanner Market: Y-o-Y Growth Comparison by Type, 2022–2027

Figure 24: North America Safety Laser Scanner Market: Market Attractiveness by Type

Figure 25: North America Safety Laser Scanner Market: Market Share Analysis by End User– 2022 & 2027

Figure 26: North America Safety Laser Scanner Market: Y-o-Y Growth Comparison by End User, 2022–2027

Figure 27: North America Safety Laser Scanner Market: Market Attractiveness by End User

Figure 28: North America Safety Laser Scanner Market: Market Share Analysis by Country – 2022 & 2027

Figure 29: North America Safety Laser Scanner Market: Y-o-Y Growth Comparison by Country, 2022–2027

Figure 30: U.S. Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 31: Canada Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 32: North America Safety Laser Scanner Market: Market Attractiveness by Country

Figure 33: Latin America Safety Laser Scanner Market Value (US$ Mn), 2013-2021

Figure 34: Latin America Safety Laser Scanner Market Value (US$ Mn), 2022-2027

Figure 35: Latin America Safety Laser Scanner Market: Market Share Analysis by Type– 2022 & 2027

Figure 36: Latin America Safety Laser Scanner Market: Y-o-Y Growth Comparison by Type, 2022–2027

Figure 37: Latin America Safety Laser Scanner Market: Market Attractiveness by Type

Figure 38: Latin America Safety Laser Scanner Market: Market Share Analysis by End User– 2022 & 2027

Figure 39: Latin America Safety Laser Scanner Market: Y-o-Y Growth Comparison by End User, 2022–2027

Figure 40: Latin America Safety Laser Scanner Market: Market Attractiveness by End User

Figure 41: Latin America Safety Laser Scanner Market: Market Share Analysis by Country – 2022 & 2027

Figure 42: Latin America Safety Laser Scanner Market: Y-o-Y Growth Comparison by Country, 2022–2027

Figure 43: Brazil Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 44: Mexico Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 45: Rest of Latin America Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 46: Latin America Safety Laser Scanner Market: Market Attractiveness by Country

Figure 47: Europe Safety Laser Scanner Market Value (US$ Mn), 2013-2021

Figure 48: Europe Safety Laser Scanner Market Value (US$ Mn), 2022-2027

Figure 49: Europe Safety Laser Scanner Market: Market Share Analysis by Type– 2022 & 2027

Figure 50: Europe Safety Laser Scanner Market: Y-o-Y Growth Comparison by Type, 2022–2027

Figure 51: Europe Safety Laser Scanner Market: Market Attractiveness by Type

Figure 52: Europe Safety Laser Scanner Market: Market Share Analysis by End User– 2022 & 2027

Figure 53: Europe Safety Laser Scanner Market: Y-o-Y Growth Comparison by End User, 2022–2027

Figure 54: Europe Safety Laser Scanner Market: Market Attractiveness by End User

Figure 55: Europe Safety Laser Scanner Market: Market Share Analysis by Country – 2022 & 2027

Figure 56: Europe Safety Laser Scanner Market: Y-o-Y Growth Comparison by Country, 2022–2027

Figure 57: Germany Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 58: Italy Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 59: France Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 60: U.K. Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 61: Spain Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 62: BENELUX Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 63: Russia Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 64: Rest of Europe Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 65: Europe Safety Laser Scanner Market: Market Attractiveness by Country

Figure 66: Asia Pacific excluding Japan Safety Laser Scanner Market Value (US$ Mn), 2013-2021

Figure 67: Asia Pacific excluding Japan Safety Laser Scanner Market Value (US$ Mn), 2022-2027

Figure 68: Asia Pacific excluding Japan Safety Laser Scanner Market: Market Share Analysis by Type– 2022 & 2027

Figure 69: Asia Pacific excluding Japan Safety Laser Scanner Market: Y-o-Y Growth Comparison by Type, 2022–2027

Figure 70: Asia Pacific excluding Japan Safety Laser Scanner Market: Market Attractiveness by Type

Figure 71: Asia Pacific excluding Japan Safety Laser Scanner Market: Market Share Analysis by End User– 2022 & 2027

Figure 72: Asia Pacific excluding Japan Safety Laser Scanner Market: Y-o-Y Growth Comparison by End User, 2022–2027

Figure 73: Asia Pacific excluding Japan Safety Laser Scanner Market: Market Attractiveness by End User

Figure 74: Asia Pacific excluding Japan Safety Laser Scanner Market: Market Share Analysis by Country – 2022 & 2027

Figure 75: Asia Pacific excluding Japan Safety Laser Scanner Market: Y-o-Y Growth Comparison by Country, 2022–2027

Figure 76: China Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 77: India Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 78: Malaysia Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 79: Singapore Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 80: Australia Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 81: Rest of Asia Pacific excluding Japan Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 82: Asia Pacific excluding Japan Safety Laser Scanner Market: Market Attractiveness by Country

Figure 83: Japan Safety Laser Scanner Market Value (US$ Mn), 2013-2021

Figure 84: Japan Safety Laser Scanner Market Value (US$ Mn), 2022-2027

Figure 85: Japan Safety Laser Scanner Market: Market Share Analysis by Type– 2022 & 2027

Figure 86: Japan Safety Laser Scanner Market: Y-o-Y Growth Comparison by Type, 2022–2027

Figure 87: Japan Safety Laser Scanner Market: Market Attractiveness by Type

Figure 88: Japan Safety Laser Scanner Market: Market Share Analysis by End User– 2022 & 2027

Figure 89: Japan Safety Laser Scanner Market: Y-o-Y Growth Comparison by End User, 2022–2027

Figure 90: Japan Safety Laser Scanner Market: Market Attractiveness by End User

Figure 91: Japan Safety Laser Scanner Market: Market Share Analysis by Country – 2022 & 2027

Figure 92: Japan Safety Laser Scanner Market: Y-o-Y Growth Comparison by Country, 2022–2027

Figure 93: Middle East and Africa Safety Laser Scanner Market Value (US$ Mn), 2013-2021

Figure 94: Middle East and Africa Safety Laser Scanner Market Value (US$ Mn), 2022-2027

Figure 95: Middle East and Africa Safety Laser Scanner Market: Market Share Analysis by Type– 2022 & 2027

Figure 96: Middle East and Africa Safety Laser Scanner Market: Y-o-Y Growth Comparison by Type, 2022–2027

Figure 97: Middle East and Africa Safety Laser Scanner Market: Market Attractiveness by Type

Figure 98: Middle East and Africa Safety Laser Scanner Market: Market Share Analysis by End User– 2022 & 2027

Figure 99: Middle East and Africa Safety Laser Scanner Market: Y-o-Y Growth Comparison by End User, 2022–2027

Figure 100: Middle East and Africa Safety Laser Scanner Market: Market Attractiveness by End User

Figure 101: Middle East and Africa Safety Laser Scanner Market: Market Share Analysis by Country – 2022 & 2027

Figure 102: Middle East and Africa Safety Laser Scanner Market: Y-o-Y Growth Comparison by Country, 2022–2027

Figure 103: GCC Countries Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 104: South Africa Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 105: Israel Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 106: Rest of Middle East and Africa Safety Laser Scanner Market Absolute $ Opportunity (US$ Mn), 2013 – 2027

Figure 107: Middle East and Africa Safety Laser Scanner Market: Market Attractiveness by Country

Frequently Asked Questions

Which region is expected to showcase high growth in Safety Laser Scanner market?

APEJ region is projected to register strong growth in the market, exhibiting a CAGR of nearly 7.2% during the forecast period.

Who are some of the leading companies offering Safety Laser Scanner market?

Some of the leading companies in this landscape are Rockwell Automation, Panasonic Corporation, SICK, and others. As per Future Market Insights, nearly 45%-50% of the market share is currently covered by the top 15-20 players.

How much is the global Safety Laser Scanner industry worth?

The safety laser scanner market was valued at ~USD 280.2 Million in 2021, and is estimated to grow at an exceptional pace with a CAGR of 6.2% to reach ~USD 402.2 Million in 2027.

What was the last 5-year market CAGR?

The market in last 8 years (2013 to 2021) grew by a CAGR of 5.0%.

What are the key trends of Safety Laser Scanner industry?

Key trends in the market includes: • Growing concerns for the safety of workers and machines • Increasing demand for safety laser scanners for logistics and packaging operations

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