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

The Safety Laser Scanner Market is segmented by End-user Industry (Automotive, Healthcare & Pharmaceutical, Consumer Goods & Electronics), and Geography.

Market Snapshot

Market Growth_Safety Laser Scanner Market
Study Period: 2018 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 6.25 %

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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.

By End-user Industries
Automotive
Healthcare & Pharmaceuticals
Consumer Goods & Electronics
Other End-user Industries
Geography
North America
US
Canada
Rest of North America
Europe
Germany
UK
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East and Africa

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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.
Estimated Automobile Production, in Million, Global, 2013 - 2018

Asia Pacific Region to Grow Significantly

  • Recently, China have been facing a rise in labor wages and tighter regulations resulting in higher operating cost for the manufacturing companies. Hence these companies are seeking opportunities in Southern East Asia for the lower-value production network which would be largely integrated into global manufacturing value chain. Moreover, mega trade policies like RCEP (Regional Comprehensive Economic Partnership) is helping free cross border trades in the region for automotive and consumer goods & electronics.
  • The robotics sector in the region has been witnessing a significant growth over the years. In a latest report by IFR, it is estimated that China, Japan, and South Korea cummulatively account for over 64% of industrial robots shipment in 2018 globally. Additionally, the government initiatives like Make in India, are encouraging the industrial sector in the region, wchih is estimated to drive the demand for safety laser scanners in the forecast period.
  • Moreover in late 2018, South Korean governemtn approved a bill, OSHA (occupational Safety and Health Act) to govern safety at the workplace and have pushed a fine of over USD 9,000 on violation. Such a move by the governments is expected to drive the adoption of safety laser scanners to meet the safety compliance by the companies.
Regional Growth_Safety Laser Scanner Market

Competitive Landscape

The market for safety laser scanner is moderately consolidated with the presence of a few major companies dominating the market. These companies are continuously investing in making strategic partnerships and product developments to gain more market share. 

  • May 2019 - The pioneer of developing safety laser scanner SICK AG, launched its latest model of safety laser scanner outdoorScan3 for outdoor applications in AGVs. With this development, the company has opened huge opportunities for automating and increasing the efficiency of intralogistics production processes with a vision of a self-managed value chain in the spirit of industry 4.0.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Automation in Different Industries Using AGVs

      2. 4.2.2 Growing Emphasis on Workplace Safety

    3. 4.3 Market Restraints

      1. 4.3.1 Safety Mats and Light Curtains Offering Similar Protective Solutions

    4. 4.4 Industry Value Chain Analysis

    5. 4.5 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By End-user Industries

      1. 5.1.1 Automotive

      2. 5.1.2 Healthcare & Pharmaceuticals

      3. 5.1.3 Consumer Goods & Electronics

      4. 5.1.4 Other End-user Industries

    2. 5.2 Geography

      1. 5.2.1 North America

        1. 5.2.1.1 US

        2. 5.2.1.2 Canada

        3. 5.2.1.3 Rest of North America

      2. 5.2.2 Europe

        1. 5.2.2.1 Germany

        2. 5.2.2.2 UK

        3. 5.2.2.3 France

        4. 5.2.2.4 Rest of Europe

      3. 5.2.3 Asia-Pacific

        1. 5.2.3.1 China

        2. 5.2.3.2 Japan

        3. 5.2.3.3 India

        4. 5.2.3.4 Rest of Asia-Pacific

      4. 5.2.4 Rest of the World

        1. 5.2.4.1 Latin America

        2. 5.2.4.2 Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Leuze Electronics GmbH

      2. 6.1.2 OMRON Corporation

      3. 6.1.3 Panasonic Corporation

      4. 6.1.4 Rockwell Automation Inc.

      5. 6.1.5 SICK AG

      6. 6.1.6 Banner Engineering

      7. 6.1.7 Hans Turck

      8. 6.1.8 Hokuyo Automatic Co., Ltd.

      9. 6.1.9 IDEC Corporation

      10. 6.1.10 Keyence Corporation

      11. 6.1.11 Pilz GmbH & Co. KG

      12. 6.1.12 Datalogic SpA

      13. 6.1.13 Arcus Automation Private Limited

    2. *List Not Exhaustive
  7. 7. INVESTMENT ANALYSIS

  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Safety Laser Scanner Market market is studied from 2018 - 2026.

The Safety Laser Scanner Market is growing at a CAGR of 6.25% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Leuze Electronics GmbH, OMRON Corporation, Panasonic Corporation, Rockwell Automation Inc., SICK AG are the major companies operating in Safety Laser Scanner Market.

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