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Major Key Trends in the Safety Laser Scanner Market

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 of 5.99% during 2018u20132023. The safety laser scanner market offers 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.

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Major Key Trends in the Safety Laser Scanner Market

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  1. MarketsandMarkets Presents Major Key Trends in the Safety Laser Scanner Market 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) – Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/safety-laser-scanner-market-151486495.html

  2. 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 of 5.99% during 2018–2023. The safety laser scanner market offers 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. Browse 66 market data Tables and 31 Figures spread through 124 Pages and in-depth TOC on "Safety Laser Scanner Market - Global Forecast to 2023"

  3. Healthcare & pharmaceuticals segment to account for a larger size of safety laser scanner market, based on end-user sector, by 2023 Lasers in the healthcare sector is used to improve patient safety and experience. Safety laser scanners are used extensively in the pharmaceutical manufacturing industry that relates largely to drug manufacturing, which is the process of industrial-scale synthesis of pharmaceutical drugs. Laser-based safety scanners play a critical role in the optimization of warehousing, packaging, and logistics operations in manufacturing facilities. For instance, safety laser scanners are used in autonomous monitoring vehicles, or movable service robots for industrial use in the pharmaceuticals sector for collision avoidance while logistics operations are being executed. These scanners are used in receiving areas and manual warehouse areas and also for transport and storage. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=151486495

  4. APAC to hold largest size of safety laser scanner market by 2023 The market in APAC is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the rapid increase in the production facilities in APAC for various end-user industries such as automotive and consumer goods & electronics. Europe and North America are the next major regions that are expected to exhibit substantial growth rates in the safety laser scanner market with higher CAGR during the forecast period. Further, government policies are also in favor of increasing the number of manufacturing facilities in this region. Additionally, developing economies such as China and India dominate the consumer electronics market in APAC.

  5. Key Market Players 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), DatalogivSpA (Italy), Arcus Automation Private Limited(India), and ReeRSpA (Italy). Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=151486495 Recent developments  In April 2016, Leuze Electronic introduced the RSL 400 safety laser scanner and won the GIT Safety Award and the Industry Prize for optical technologies 2016. RSL 400 has an impressive design from an economical, technological, and environmental point of view. In April 2017, Banner Engineering announced the opening of Turck Banner Malaysia Sdn. Bhd. (Malaysia). This office provides sales and technical support and value-added services for customers and partner companies in Malaysia and across APAC In June 2017, ReeR (Italy) was awarded the title of “Excellent Company 2017.” This was awarded by “4.0: technology and organization sustaining company's talent,” held in Milan, Italy, in cooperation with BorsaItaliana, Elite, and Global Strategy. The financial strength of the company and the ability of exploring niche markets, promote investment processes, internationalization, and innovation contributed majorly to win the award.

  6. IDEC Corporation IDEC mainly focuses on automation being user-friendly technology and works on other elements such as safety features, ease of operations, reliability, and environmental considerations. This helps to add value to the existing automation technology. The company continually expands the possibilities of automation by developing effective and efficient automation, thus entering into new dimensions. IDEC aims to achieve sustainable growth and strives to meet diversifying social needs by developing innovative solutions to leverage IDEC’s proprietary technologies. IDEC has long been known for its superior safety technologies and products such as safety laser scanners. The IDEC Group has established and implemented a quality management system to provide products and services that meet the quality requirements of customers and markets. IDEC has third-party certificates in compliance with ISO 9001, the International Standard for Quality Management System. Keyence Corporation The company focuses on innovating and developing products in the area of automation factory to meet new demands and applications of the market and customer needs for high-performance products. The company offers full support in using products in the most effective way to its customers. KEYENCE not only develops products but also offers support to its customers. Customers benefit from working directly with KEYENCE’s highly experienced sales engineers to help solve application issues and answer technical product questions quickly. KEYENCE was among the top 10 companies in Japan regarding market capitalization as of September 2017

  7. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

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