Safety Laser Scanner Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Market Overview

The safety laser scanners market is expected to witness a CAGR of 6.25% over the forecast period (2021 - 2026). The safety laser scanner works on the principle of 'time of flight' to measure the time taken by the light to reflect back from the object. Also, an integrated rotating mirror allows the protection areas defined by the user to be monitored in two dimensions. These scanners are being extensively used for both indoor and outdoor applications.

• Over the years, due to increasing fatalities at the workplaces especially in the industrial sector, the companies have been emphasizing on the safety measures and making the machine surrounding more safe for the operators. As the safety laser scanners allow installations on new as well as retro fitted machineries allowing companies to meet the safety complainces, it has gained more popularity in the market and hence driving the market growth.
• Moreover, the safety laser scanner pioneered by SICK AG is an effective, compact, and flexible for installation on various machines including staionary and moving machines. Also, these can be applied vertically as the access guarding systems. This is another factor fueling the adoption rate of safety laser scanners across the industries.
• However, due to the existing substitute products like safety mats and light curtains offering limited but similar solutions is hindering growth of the security laser scanners market to an extent.

Scope of the Report

The scope of the study for the security laser scanners market has considered the vendors offering products for both stationary and vertical application with various coverage angle and response rate for a wide range of applications across the geographical regions.

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Key Market Trends

Automotive Applications are Expected to Grow Significantly

• The safety laser scanners are extensively being adopted by the automotive industry due to the increasing use of automatic guided vehicles (AGVs). Usually, there are two kinds of lasers used on the AGVs, one for navigation and other for detecting obstacles in the path by safety laser scanners; and is used to move trolleys through the workshop and warehouse especially when combined with lean system trolleys and gravity-fed flow rack.
• In manufacturing facilities such as semi-automatic painting, the machine requires the frequent entry of operators to move out of the painted parts. In such cases, an advanced safety laser scanner enables two-way protection to the machine allowing entry to the operator for replacing the finished part and simultaneously protecting the area where it is working on another part.
• Over the years, the automotive manufacturers across the world have been making expansions in their production capacities. For instance, BMW announced its expansion in its South Carolina plant for manufacturing 1400 X3 through X7 models each day. In another example, Toyota is also having expansion in Sao Paulo, Brazil by spending over USD 230 million to produce existing Etios and Yaris models with some new vehicle models.

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