Global Laser Filter Protection Market to grow at a CAGR of 5.50% during the period 2016 - 2020; Finds New Report

Report forecast the global laser filter protection market to grow at a CAGR of 5.50% during the period 2016-2020.

Laser filter protection or laser safety goggles are used to protect workers from exposure to lasers during manufacturing, laboratory processes, and others. Depending on the type of laser, different types of laser filter protection are used.

The report covers the present scenario and the growth prospects of the global laser filter protection market for 2016-2020. Vendors are identified based on their revenue and market dominance in terms of experience, geographical presence, product portfolio, financials, and R&D.

The market is divided into the following segments based on geography:

• APAC
• Europe
• North America
• ROW

According to the report, one of the key drivers for market growth will be refractive surgery as a substitute for eyeglasses. In the US, nearly 580,000 refractive surgeries were carried out in 2014. Surgery is more cost-effective for consumers as nearly 55% of those who undergo corrective surgery need not use any corrective devices for around five years after the surgery. The rise in the number of expert surgeons, coupled with the decreasing cost of these surgeries will further stimulate the refractive surgery market. The number of optometrists and ophthalmologists are forecast to increase, and many of these professionals are expanding their portfolio of services to include refractive surgery.

Further, the report states that comfort and fit constitute the key challenge for vendors in the market. Non-compliance is also of key concern to employers, especially those in developed regions. Due to the stringent worker safety regulations in these regions, employers in developed regions suffer legal and monetary consequences of employee injuries. Vendors in the market also face the challenge of low adoption of laser safety eyewear in emerging markets. These regions often lack stringent employee safety regulations, which affects the vast majority (around 80%) of the labor force that operates in the unorganized sector. So, the failure to adhere to the laser safety regulations exposes employees to health hazards.

Global Laser Filter Protection Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global laser filter protection market: Honeywell, Phillips Safety Products, uvex, Cambridge Lasers Laboratories, DiOptika, Global Laser, Infield Safety, Innovative Optics, Kentek, Lasermet, Laser Safety Industries, NoIR Laser Company, Standa, SurgiTel, Thorlabs, Univet Optical Technologies, and VS Eyewear.

Market driver

• Increase in cosmetic surgeries
• For a full, detailed list, view our report

Market challenge

• Availability of low-quality laser glasses and goggles
• For a full, detailed list, view our report

Market trend

• Constant need to develop new glasses
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 71 pages “Global Laser Filter Protection Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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