Global Laser Safety Glasses Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
The global laser safety glasses market report overview:
“The global laser safety glasses market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The global laser safety glasses market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global laser safety glasses market report has been segmented on the basis of product type, application, and region.
Laser safety glasses protect the eyes from harmful laser radiation. The human eye is very sensitive to lasers and reflected laser beams can cause serious eye damage. To overcome these serious cause laser safety glasses are able to filter out wavelengths from the laser beams. They are used in various end-use applications such as medical, military, research, education, and other industrial sectors.
Major factor driving growth of the global market is technological advancement in laser technology, which in turn is increasing usage of laser safety glasses in healthcare sector such as oncology, cosmetic surgery, dentistry and other procedures.
In addition, increasing adoption of high-quality laser safety glasses in various end-use industry such as military, telecommunication, research and development coupled with government regulations regarding worker’s safety are expected to fuel growth of this market over the forecast period.
Moreover, the Federal Aviation Administration stated a strong rise in laser accidents in the aviation industry during the last few years, which is expected to increase demand of laser safety glasses in military, aerospace and defense sectors. Furthermore, availability of laser safety glasses with various designs and comfort further increases its demand among the users over the forecast period.
However, stringent government regulations in European countries with respect to certification of commercialization of laser safety glasses may hamper growth of the target market.
Increasing demand of laser safety glasses in various sectors especially in healthcare has led to the development of new products by new entrants, which in turn has resulted in direct competition among target players owing to constant product innovation.
Increasing preference for laser surgery in various medical procedures, especially in dermatology and eye surgery resulting in painless and stretch free outcomes, is expected to create potential opportunities to laser safety glasses manufacturers.
The market in North America dominates the global market in terms of revenue, owing to continues launching innovative laser safety glass products offering different style and shape. The market in Asia Pacific excluding Japan (APEJ) is projected to increase at a highest CAGR over the forecast period, due to low entry barriers for manufacturers and availability of low cost products in various countries in this region.
Global laser safety glasses market segmentation:
Segmentation by product type:
- Reflection Type
- Absorption Type
Segmentation by application:
- Medical Industry
- Welding Industry
- Laser laboratory
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Honeywell International Inc.
- Phillips Safety Products.
- Thorlabs, Inc.
- Univet S.r.l.
- Kentek Corporation
- Laser Safety Industries
- Global Laser Vision Centers Inc.
- VS Eyewear
- NoIR Laser Company LLC.
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