The machine vision lighting market size is projected to reach US$ 2.88 billion by 2030 from US$ 1.59 billion in 2022. The market is expected to register a CAGR of 7.7% during 2022–2030. The rising adoption of rugged machine vision lighting in hazardous environments is likely to remain a key trends in the market.
Growing demand for fiber optic lights and growing need for improved quality and productivity in manufacturing processes are driving the market. The market is projected to expand at a significant pace during the forecast period, due to the increasing adoption of machine vision lighting in hazardous environments. Moreover, development of technologically advanced machine vision lighting and expanding manufacturing industries are creating lucrative opportunities for the market.
Machine vision lighting refers to the application of specific lighting techniques and equipment in the field of machine vision. This technology allows machines to capture and interpret visual information from their surroundings. Proper lighting in machine vision applications is critical for improving image quality and accuracy. Machine vision lighting is intended to maximize the illumination of objects or scenes under inspection or analysis by machine vision systems. Significant benefits offered by machine vision lighting, such as Color accuracy, Contrast, Eliminating glare, Contrast, and Reducing noise, among others, are boosting the market.
Fiber optic lighting can maximize light homogeneity in the field of view while minimizing lamp output variances. When considering a wide range of applications, fiber optic lighting is highly suitable and offers a combination of intense, focused (or targeted), and uniform light. When combined with filters, optical fibers can exclude or enhance wavelengths, optimizing output for contrast control or avoiding heat. Fiber optics can be constructed to perform in extremely small spaces if the application requires it. Light can be transmitted through single fibers as small as 30 µm. If the application is in a high-temperature environment, fiber optics can work with a remote light source. Standard fiber optic lighting systems can withstand ambient temperatures up to 300 °C.
Businesses are highly demanding technologically advanced products or solutions to seamlessly work in harsh conditions. Smart Vision Lights (SVL), a market leader in the design and manufacture of innovative LED illumination solutions, has introduced the JWL150-DO Lightgistics series light, suitable for harsh environments. JWL150-DO Lightgistics series light is equipped with Hidden Strobe technology, which provides the benefits of strobing without the distraction and disorientation associated with LED strobe lights. The Hidden Strobe technology enables LEDs to self-trigger thousands of times per second, pulsing faster than the human eye can perceive and giving the appearance of continuous illumination. The technology improves machine vision systems while safeguarding employees from the confusion produced by flashing lights.
Key segments that contributed to the derivation of the machine vision lighting market analysis are lighting type, spectrum of light, and application.
The geographic scope of the machine vision lighting market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
The market in Asia Pacific is projected to expand during the forecast period, due to a growing number of manufacturing activities. Countries including China, India, Japan, and South Korea are expanding their manufacturing units to fulfill customers' demands. Additionally, the miniaturization of consumer electronics and growing production of passenger cars are creating opportunities in the market.
The regional trends and factors influencing the Machine Vision Lighting Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Machine Vision Lighting Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 1.59 Billion |
| Market Size by 2030 | US$ 2.88 Billion |
| Global CAGR (2022 - 2030) | 7.7% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Lighting Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Machine Vision Lighting Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Machine Vision Lighting Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The machine vision lighting market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the machine vision lighting market are listed below:
The “Machine Vision Lighting Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
The List of Players - Machine Vision Lighting Market
Asia Pacific dominated the machine vision lighting market in 2022.
Growing demand for fiber optic lights and growing need for improved quality and productivity in manufacturing processes are the major factors that propel the global machine vision lighting market.
The rising adoption of rugged machine vision lighting in hazardous environments to play a significant role in the global machine vision lighting market in the coming years.
The key players holding majority shares in the global machine vision lighting market are Cognex Corp, Keyence Corp, Wenglor Sensoric Electronic Devices GmbH, Omron Microscan Systems, Inc, CCS Inc, Smart Vision Lights, Spectrum Illumination, Exaktera LLC, BASLER AG, and Schott AG.
The global machine vision lighting market is estimated to register a CAGR of 7.7% during the forecast period 2022–2030.
The global machine vision lighting market is expected to reach US$ 2.88 billion by 2030.