Safety Laser Scanners Market by Product Type and Geography - Forecast and Analysis 2020-2024

Published: Apr 2020 Pages: 120 SKU: IRTNTR43419

The safety laser scanners market size has the potential to grow by $ 26.11 mn during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (mobile safety laser scanners and stationary safety laser scanners) and geography (APAC, North America, Europe, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Hexagon AB, IDEC Corp., Keyence Corp., Leuze electronic GmbH + Co. KG, Nikon Corp., OMRON Corp., Panasonic Corp., Pepperl+Fuchs AG, Rockwell Automation Inc., and SICK AG.

Market Overview

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Market Competitive Analysis

The market is fragmented. Hexagon AB, IDEC Corp., Keyence Corp., Leuze electronic GmbH + Co. KG, Nikon Corp., OMRON Corp., Panasonic Corp., Pepperl+Fuchs AG, Rockwell Automation Inc., and SICK AG are some of the major market participants. Factors such as increase in the number of industrial accidents will offer immense growth opportunities. However, high cost hampering large-scale deployment may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this safety laser scanners market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this safety laser scanners market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Hexagon AB
  • IDEC Corp.
  • Keyence Corp.
  • Leuze electronic GmbH + Co. KG
  • Nikon Corp.
  • OMRON Corp.
  • Panasonic Corp.
  • Pepperl+Fuchs AG
  • Rockwell Automation Inc.
  • SICK AG

 

Safety Laser Scanners Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The increasing integration of safety scanners with material handling equipment will significantly influence safety laser scanners market's growth in this region.

37% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for safety laser scanners market in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the safety laser scanners market size.

Safety Laser Scanners Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will safety laser scanners market growth during the next five years
  • Precise estimation of the safety laser scanners market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the safety laser scanners industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of safety laser scanners market vendors

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Safety Laser Scanners Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2020-2024

$ 26.11 million

Market structure

Fragmented

YoY growth (%)

2.46

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 37%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Hexagon AB, IDEC Corp., Keyence Corp., Leuze electronic GmbH + Co. KG, Nikon Corp., OMRON Corp., Panasonic Corp., Pepperl+Fuchs AG, Rockwell Automation Inc., and SICK AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

      Market Sizing

        Five Forces Analysis

          Market Segmentation by Product

            Customer Landscape

              Geographic Landscape

                Vendor Landscape

                  Vendor Analysis

                    Appendix

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                        Research Framework

                        Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                        INFORMATION SOURCES

                        Primary sources

                        • Manufacturers and suppliers
                        • Channel partners
                        • Industry experts
                        • Strategic decision makers

                        Secondary sources

                        • Industry journals and periodicals
                        • Government data
                        • Financial reports of key industry players
                        • Historical data
                        • Press releases

                        DATA ANALYSIS

                        Data Synthesis

                        • Collation of data
                        • Estimation of key figures
                        • Analysis of derived insights

                        Data Validation

                        • Triangulation with data models
                        • Reference against proprietary databases
                        • Corroboration with industry experts

                        REPORT WRITING

                        Qualitative

                        • Market drivers
                        • Market challenges
                        • Market trends
                        • Five forces analysis

                        Quantitative

                        • Market size and forecast
                        • Market segmentation
                        • Geographical insights
                        • Competitive landscape

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                        Key Questions Answered

                        • What are the key global market and the regional market share?
                        • What are the revenue-generating key market segments?
                        • What are the key factors driving and challenging this market’s growth?
                        • Who are the key market vendors and their growth strategies?
                        • What are the latest trends influencing the growth of this market?
                        • What are the variables influencing the market growth in the primary regions?
                        • What are the factors influencing the growth of the parent market?

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