Global Laser Protective Eyewear Strategic Business Report 2023: Rise in Workplace Accidents Fuels Demand for Laser Protective Eyewear

DUBLIN, June 21, 2023 /PRNewswire/ -- The "Laser Protective Eyewear: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Laser Protective Eyewear estimated at US$327.3 Million in the year 2022, is projected to reach a revised size of US$517.5 Million by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030.

Healthcare, one of the segments analyzed in the report, is projected to record a 6.9% CAGR and reach US$196.1 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Manufacturing segment is readjusted to a revised 6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $100.6 Million, While China is Forecast to Grow at 7.7% CAGR

The Laser Protective Eyewear market in the U.S. is estimated at US$100.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$95.2 Million by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 5.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Select Competitors (Total 58 Featured) - 

• Bharat Electronics Limited
• Elbit Systems Ltd.
• Global Laser Ltd.
• Honeywell International, Inc.
• Kentek Corporation
• L3Harris Technologies, Inc.
• Laser Safety Industries
• Laservision USA
• Meopta - optika, s.r.
• Newcon Optik
• NoIR LaserShields
• Phillips Safety Products Inc.
• Thales Group
• Univet Optical Technologies North America Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Laser Protective Eyewear - Global Key Competitors Percentage Market Share in 2022 (E)
• The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
• Progress on Vaccinations: Why Should Businesses Care?
• With IMF's Upward Revision of Global GDP Forecasts, Most Companies are Bullish about an Economic Comeback Despite a Continuing Pandemic
• A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
• Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
• Industrial Activity Remains Subdued in 2020 with Strong Hopes of Long Term Recovery
• Global PMI Index Points for the Years 2018, 2019 & 2020
• Amidst Subdued Industrial Activity, Weakness Extends to Every Industry except Healthcare
• Protective Eyewear: A Prelude
• Eye Safety During Laser Use
• Laser Protective Eyewear: A Dynamic Component of Safety Eyewear Market
• Laser Protective Eyewear Market Remains in Euphoric State with Clear, Bright Outlook
• Analysis by End-Use
• World Laser Protective Eyewear Market by End-Use (2021 & 2027): Percentage Breakdown of Sales for Healthcare, Manufacturing, Automotive, and Other End-Uses
• Regional Analysis
• World Laser Protective Eyewear Market by Region (2021 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
• World Laser Protective Eyewear Market - Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Rest of World, Canada, USA, Europe, and Japan
• Competitive Scenario
• Recent Market Activity
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rising Demand for Laser Safety Eyewear
• Influx of Comfortable, Stylish Laser Defense Eyewear Fuels Demand
• Advances in Laser Technology Creates Demand for Laser Protective Eyewear
• Rising Uptake in Healthcare & Engineering Domains
• Hazards and Risks Associated with Lasers
• US Refractive Surgery Demand on Upswing despite Challenges Posed by COVID-19
• Global Causes of Visual Impairment: Percentage Breakdown by Number of Cases
• Number of People with Myopia and High Myopia: 2000-2030
• Number of Cataract Procedures Worldwide (2010, 2015, 2020, & 2025) (in Millions)
• Increasing Healthcare Expenditure to Foster Market Growth
• World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
• Manufacturing Industry Remains Important Consumer of Laser Protective Eyewear despite COVID-19 Backlash
• Rise in Workplace Accidents Fuels Demand for Laser Protective Eyewear
• Breakdown of Annual Work Related Fatalities (In Thousand) Worldwide by Region: 2019
• Automotive: One of the Key Industries for Laser Protective Eyewear Market
• World Automobile Production in Million Units: 2008-2022
• Nearshoring Trend Positions Brazil & Mexico as a Strong Production Centers for CVs
• An Inevitable Rebound in Market Prospects to Encourage Growth in Sales of Protective Eyewear: Global Commercial Vehicle Sales (In 000 Units) for Years 2018, 2020, 2022, 2024 & 2026
• How the Automotive Industry was Impacted by the Pandemic & What's the New Normal?
• Car Production YoY % Growth in 2020 Across Major Regional Markets
• Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
• Global Production Capacity of the Automobile Industry (In Million Units) by Region for the Years 2017 and 2022
• Demographic Trends Create Fertile Environment for Long-Term Growth of Automobile Market
• World Urban Population in Millions: 1950-2050
• Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
• Rising Living Standards
• Laser Protective Eyewear: Essential Purchase for Law Enforcement Agencies
• Laser Threats Faced by Law Enforcement, Military & Aviators Warrant Laser Protective Eyewear to Diffuse Risks
• Global Laser Defense Eyewear Market Marches Ahead to Pulsating Drumbeat
• COVID-19 Decelerates Market Growth
• Growth Opportunities in the Military Sector
• Defense Expenditure Worldwide in US$ Billion for the Years 2001 through 2020
• Leading Countries Ranked by Defense Budgets in US$ Billion for 2020 Country Spending (US$ Billion)
• Rising Uptake among Airplane Pilots Pushes Growth
• New Laser Protective Eyewear Solutions to Safeguard Pilots against Laser Strikes
• Improving Worker Safety is Paramount in Construction Industry, One of the Key Consumers of Laser Protective Eyewear
• World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
• Laser Safety Eyewear Technologies
• Advanced Filters to Solve Vexing Problems of Traditional Laser Protective Eyewear
• Laser Protective Eyewear Technology by Material
• Ineffective Laser-Blocking: A Key Concern

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/xybjqo

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