Global Laser Protective Eyewear Business Report 2023: Market to Reach $517.5 Million by 2030 – Advanced Filters to Solve Vexing Problems of Traditional Laser Protective Eyewear

DUBLIN, Dec. 11, 2023 /PRNewswire/ — The “Laser Protective Eyewear – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Laser Protective Eyewear Market to Reach $517.5 Million by 2030

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 6.9% CAGR and reach US$196.1 Million by the end of the analysis period. Growth in the Manufacturing segment is estimated at 6% CAGR for the next 8-year period.

The report on laser protective eyewear begins by presenting the global key competitors’ percentage market share in 2022. It sets the stage by highlighting the subdued industrial activity and the impact of this weakness across various industries, with healthcare being a notable exception. The report provides a comprehensive introduction to protective eyewear, emphasizing the critical importance of eye safety during laser use. Laser protective eyewear is presented as a dynamic component of the safety eyewear market, and its market outlook is described as clear and bright.

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

The analysis of the laser protective eyewear market includes a breakdown by end-use, with a focus on healthcare, manufacturing, automotive, and other end-uses. Regional analysis is also presented, ranking geographic regions by compound annual growth rate (CAGR) for the period of 2020-2027. China, Asia-Pacific, and the Rest of the World are among the regions highlighted.

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.

What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Rising Demand for Laser Safety EyewearInflux of Comfortable, Stylish Laser Defense Eyewear Fuels DemandAdvances in Laser Technology Creates Demand for Laser Protective EyewearRising Uptake in Healthcare & Engineering DomainsHazards and Risks Associated with LasersUS Refractive Surgery Demand on Upswing despite Challenges Posed by COVID-19Global Causes of Visual Impairment: Percentage Breakdown by Number of CasesNumber of People with Myopia and High Myopia: 2000-2030Number of Cataract Procedures Worldwide (2010, 2015, 2020, & 2025) (in Millions)Increasing Healthcare Expenditure to Foster Market GrowthWorld Healthcare Expenditure (In US$ Billion) for the Years 2017-2023Manufacturing Industry Remains Important Consumer of Laser Protective Eyewear despite COVID-19 BacklashRise in Workplace Accidents Fuels Demand for Laser Protective EyewearBreakdown of Annual Work Related Fatalities (In Thousand) Worldwide by Region: 2019Automotive: One of the Key Industries for Laser Protective Eyewear MarketWorld Automobile Production in Million Units: 2008-2022Nearshoring Trend Positions Brazil & Mexico as a Strong Production Centers for CVsAn 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 & 2026How the Automotive Industry was Impacted by the Pandemic & What’s the New Normal?Car Production YoY % Growth in 2020 Across Major Regional MarketsGlobal Automotive Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2025Global Production Capacity of the Automobile Industry (In Million Units) by Region for the Years 2017 and 2022Demographic Trends Create Fertile Environment for Long-Term Growth of Automobile MarketWorld Urban Population in Millions: 1950-2050Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030Rising Living StandardsLaser Protective Eyewear: Essential Purchase for Law Enforcement AgenciesLaser Threats Faced by Law Enforcement, Military & Aviators Warrant Laser Protective Eyewear to Diffuse RisksGlobal Laser Defense Eyewear Market Marches Ahead to Pulsating DrumbeatCOVID-19 Decelerates Market GrowthGrowth Opportunities in the Military SectorDefense Expenditure Worldwide in US$ Billion for the Years 2001 through 2020Leading Countries Ranked by Defense Budgets in US$ Billion for 2020 Country Spending (US$ Billion)Rising Uptake among Airplane Pilots Pushes GrowthNew Laser Protective Eyewear Solutions to Safeguard Pilots against Laser StrikesImproving Worker Safety is Paramount in Construction Industry, One of the Key Consumers of Laser Protective EyewearWorld Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022Laser Safety Eyewear TechnologiesAdvanced Filters to Solve Vexing Problems of Traditional Laser Protective EyewearLaser Protective Eyewear Technology by MaterialIneffective Laser-Blocking: A Key Concern

FOCUS ON SELECT PLAYERS (Total 58 Featured)

Elbit Systems Ltd.Cole-Parmer Instrument Company LLCBharat Electronics Ltd.Gentex CorporationDEWALT Industrial Tool Co.Bolle SafetyChattanooga Gas CompanyHilco VisionHager and Werken GmbH & Co. KGGlobal Laser Ltd.Blueye Australia (Blueye Tactical)ESS (Eye Safety Systems)COFRA SrlEaling CorporationASPEN Laser Systems LLC

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

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