Laser Safety Glasses Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2028
The global sales of laser safety glass are projected to reach 6.3 Mn units by the end of 2028, which translates into a robust 10% volume CAGR during the forecast period (2022-2028). A new Future Market Insights (FMI) report says that sales of laser safety glass are primarily driven by the growing usage of laser machines across end-use sectors.
Laser safety glass is widely used in the healthcare industry,
particularly dentistry and dermatology. Strict government regulations about the
usage of personal protection equipment will remain crucial in fostering the
demand for laser safety glass.
Key Takeaways – Laser Safety Glass Market Study
- Stringent
regulations related to laser safety glass will drive the demand for laser
safety glass in the global market. For instance, European standard (EN)
207:20091 outlines the requirement of laser safety glass to ensure
workers’ safety and protection. This standard dictates that laser safety
glass should be able to withstand 100 pulses from a pulsed laser or a
continuous beam for at least 10 seconds, without any damage.
- With
the initiation of shorter pulsed and femtosecond lasers, eyewear
protection has become increasingly more important because of the broadband
nature of these sources. This factor is expected to significantly drive
the demand for laser safety glass.
- Laser
safety glass are required in the military for self-protective purposes
against enemy laser attacks and for defense from internal factors as well.
Internal usage includes non-combat applications such as industrial,
medical, logistics, weapons training, and research and development.
- Furthermore,
laser safety glass is also used for metal fabricating processes such as
cutting, engraving, welding, 3D printing, and additive manufacturing.
- The
rapidly growing automotive industry in emerging economies such as China,
India, and Brazil is further fueling the demand for laser safety glass.
The market for laser safety glass is currently growing at a moderate
pace as is a mature market in EU countries. However, it is showcasing healthy
growth in Asian region. The market growth will be aided by enforcement of OSHA
regulations in industrial engineering and workplace processes and other sites
where the personnel are subjected to high intensity laser emissions and
interferences. In terms of new end use verticals, defense will be a lucrative
sector, encouraging new entrants in the market.
How is Market Structure Defined?
Dominated by established international players, the laser safety glass
market is a consolidated one. Some of the key players in the laser safety glass
market such as 3M, Honeywell International Inc., and Philips Safety Products
Inc. hold a major share of market pie in terms of revenue, backed by long-term
partnerships with consumers and well-established sales network across the
continent.
Know More About What the Report Covers
Future Market Insights (FMI), in its new global laser safety glass
report, brings to fore an even-handed analysis of the global laser safety glass
market, offering comprehensive information with historical demand data for
2013-2021, and forecast statistics for 2022-2028.
The research study offers insightful aspects of the global laser safety
glass market based on various categories such as technology (glass laser
eyewear safety, polycarbonate safety glass, thin film glass, laser protective
face shields, intense pulse light glass), application (automotive, medical,
chemicals, military & defence, others), and region (North America, Latin
America, Eastern Europe, Western Europe, Middle East and Africa, Asia Pacific
Excl. Japan, and Japan).
Access Full Report:
https://www.futuremarketinsights.com/reports/laser-safety-glasses-market
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