The laser safety glass market is expected to grow to 6.3 million units by 2029, driven by healthcare and military needs and stringent safety regulations.
The global sales of laser safety glass are projected to reach 6.3 Mn units by the end of 2029, which translates into a robust 10% volume CAGR during the forecast period (2019-2029). 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
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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.
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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 2014-2018, and forecast statistics for 2019-2029. 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).
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The article focuses on the projected growth of the laser safety glass market, expected to reach 6.3 million units by 2029.
The growth is driven by increased use in healthcare, military applications, and stringent safety regulations.
Key players include 3M, Honeywell International Inc., and Philips Safety Products Inc.
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