Safety Laser Scanner Market is Expected to Grow at a Higher CAGR from 2018 to 2023

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MarketsandMarkets Presents

Safety Laser Scanner Market is Expected to Grow
at a Higher CAGR from 2018 to 2023 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-Rep
orts/safety-laser-scanner-market-151486495.html
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 The report "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",overall safety laser scanner market is
expected to grow from USD 304 million in 2018 to
USD 406 million by 2023, at a CAGR of 5.99.
Safety laser scanners offer a long-term
cost-effective solution for use with new machine
installations or for retrofitting 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. 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"
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Healthcare Pharmaceuticals Segment to Account
for Larger Size of Safety Laser Scanner Market,
Based on End-User Sector, by 2023 Lasers in the
healthcare sector are 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. Ask PDF Brochure https//ww
w.marketsandmarkets.com/pdfdownloadNew.asp?id1514
86495 Safety Laser Scanner Market Expected to
Grow At Higher CAGR from 2018 to 2023 because of
Increasing Fatalities within Workplaces The
overall safety laser scanner market, in terms of
value, is expected to grow at a CAGR between 2018
and 2023. Key factors contributing to the growth
of this market include the increasing fatalities
within workplaces, increased automation with the
adoption of Industry 4.0, and growing concerns
for the safety of machines and workers on the
production floor. Moreover, the adoption of AGVs
and AGCs across end-user industries such as
automotive, healthcare pharmaceuticals,
consumer goods, and electronics are major drivers
of the growth of the safety laser scanner market.
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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. Request
Free Sample Pages https//www.marketsandmarkets.c
om/requestsampleNew.asp?id151486495 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).
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