LAMEA Safety Laser Scanner Market

LAMEA Safety Laser Scanner Market Size, Share & Industry Trends Analysis Report By End Use (Automotive, Food & Beverages, Healthcare & Pharmaceuticals, Consumer Electronics and Others), By Type, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-14654 Publication Date: March-2023 Number of Pages: 80
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Market Report Description

The Latin America, Middle East and Africa Safety Laser Scanner Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).

Partial dynamic muting is available on safety laser scanners. This implies that both partial muting and toggling between safety zones are options. While introducing materials, the function is utilized. If certain pre-established parameters are met, the delivered product may pass through the protected zone without the requirement for stopping the equipment. High availability is thus ensured while also safeguarding the operator.

Further advantages of the improved beam coding of safety laser scanners include the exclusion of mutual interference when a plant uses two or more safety laser scanners, not connected in series. This allows for flexible operation between the safety laser scanners employed independently in parallel and close vicinity. As a result, the plant is more readily available, and the production cycle is shortened.

The rise in the deployment of Industry 4.0, the increase in workplace fatalities, and growing worries about the safety of the equipment and the people using it on the factory floor are major drivers propelling the expansion of this industry. The market for safety laser scanners is also expected to increase as more end-user sectors adopt AGVs (automated guided vehicles) and AGCs (automated guided carts).

The significance of logistics to the region's economies, the Gulf Cooperation Council (GCC), particularly the UAE, consistently ranks at the top. As a result, the transportation industry in the region is growing. Laser scanners are a vital component of the transportation industry and would greatly speed up regional market expansion. Moreover, almost 52% of automobile sales in the GCC and 35% in North Africa and the Middle East were made in Saudi Arabia in 2020. The share of electric vehicles is also increasing in the region. Due to increased government efforts and the arrival of numerous corporations in the Middle East, the automobile sector is growing. Therefore, the region presents lucrative growth opportunities for the safety laser scanner market.

The Brazil market dominated the LAMEA Safety Laser Scanner Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10.8 Million by 2028. The Argentina market is experiencing a CAGR of 9.4% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 8.5% during (2022 - 2028).

Based on End Use, the market is segmented into Automotive, Food & Beverages, Healthcare & Pharmaceuticals, Consumer Electronics and Others. Based on Type, the market is segmented into Stationary and Mobile. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Safety Laser Scanner Market is Projected to reach USD 614.9 Million by 2028, at a CAGR of 6.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sick AG, Panasonic Holdings Corporation, Keyence Corporation, Omron Corporation, IDEC Corporation, Rockwell Automation, Inc., Hans Turck GmbH & Co. KG, Hokuyo Automatic Co. Ltd., Banner Engineering Corporation, and Leuze Electronic GmbH + Co. KG.

Scope of the Study

Market Segments Covered in the Report:

By End Use

  • Automotive
  • Food & Beverages
  • Healthcare & Pharmaceuticals
  • Consumer Electronics
  • Others

By Type

  • Stationary
  • Mobile

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Sick AG
  • Panasonic Holdings Corporation
  • Keyence Corporation
  • Omron Corporation
  • IDEC Corporation
  • Rockwell Automation, Inc.
  • Hans Turck GmbH & Co. KG
  • Hokuyo Automatic Co. Ltd.
  • Banner Engineering Corporation
  • Leuze Electronic GmbH + Co. KG
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