The overall safety laser scanner market is expected to grow from USD 304 million in 2018 to USD 406 million by 2023, at a high CAGR during the forecast period. Safety laser scanners offer a long-term cost-effective solution for use with new machine installations or for retro fitting machines, plants, or even vehicles. Therefore, small form factor, high user-friendliness, seamless integration, and high on power efficiency collectively are responsible for the overall growth of the market. The healthcare & pharmaceutical end-user industry is likely to exhibit the highest CAGR during the forecast period. Additionally, the mobile safety laser scanner market is expected to witness increased adoption across automotive, consumer goods & electronics, and healthcare & pharmaceuticals end-user industry in future.
In this study, the overall safety laser scanner market has been segmented on the basis of product type, end-user industry, and geography. The safety laser scanner market, based on product type, has been segmented into mobile and stationary. Based on end-user industry, the market has been segmented into automotive, food & beverage, consumer goods & electronics, healthcare & pharmaceutical, and others.
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Among 4 major regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW), the market in APAC is expected to grow at the highest CAGR during the forecast period. Key players profiled in this study include Leuze Electronics GmbH (Germany), OMRON Corporation (Japan), Panasonic Corporation (Japan), Rockwell Automation (US), SICK AG (Germany), Banner Engineering (US), Hans Turck (US), Hokuyo Automatic Co., Ltd. (Japan), IDEC Corporation (Japan), Keyence Corporation (Japan), Pilz GmbH & Co. KG (Germany), Datalogiv SpA (Italy), Arcus Automation Private Limited(India), and ReeR SpA (Italy).
The company’s global presence and broad product portfolio help fulfil changing customer requirement rapidly and thus lead to a better competency. Smart factory in connection with Industry 4.0 offers development opportunities for SICK. Innovative products and services continually benefit company to respond to increasing demands specifically in the context of digitalization and Industry 4.0. SICK sensors solve customers’ problems that contribute to improved performance and conserving resources. SICK is strongly positioned in intelligent automation solutions across multiple end-user industries, such as automotive and others. Moreover, the company is constantly expanding its customer, product, and system base as a part of ongoing internationalization of value added in its sales and procurement regions. This strategy offers various opportunities to the company in the labor market with respect to employment and, through greater proximity, to its customers.
The company develops safety products using technological innovations and thus have contributed to the advancement through its businesses. Since 1933, the company has grown rapidly and expanded over 117 countries with a strength of around 36,008 people. OMRON intends to seize opportunities in global changes with the use of technology to drive dramatic business growth. The company delivers total solutions that solve customer issues and provide applications based on new, integrated technologies such as AI and IoT. Moreover, OMRON offers strong and diverse product lines, establishing a competitive advantage through total solutions. The company’s global sales network of approximately 150 offices in around 40 countries worldwide gives powerful support for globalization activities. OMRON delivers products to its customers via 5 global distribution centers located in Japan, China, the Netherlands, the US, and Singapore. OMRON factories use original Factory Managed Inventory (FMI) systems to maintain appropriate inventory levels, along with industry-leading Supply Chain Management (SCM) to respond to customers' orders with same-day shipping.
Safety Laser Scanner Market by Product Type (Mobile Safety Laser Scanner, Stationary Safety Laser Scanner), End-User Industry (Automotive, Food & Beverages, Healthcare & Pharmaceuticals, and Consumer Goods and Electronics) and Geography - Global Forecast to 2023
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