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.
Machine Vision Lighting Market Analysis
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 Market Overview
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.
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You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
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Machine Vision Lighting Market Drivers and Opportunities
Growing Demand for Fiber Optic Lights to Favor 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.
Development of Technologically Advanced Machine Vision Lighting
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.
Machine Vision Lighting Market Report Segmentation Analysis
Key segments that contributed to the derivation of the machine vision lighting market analysis are lighting type, spectrum of light, and application.
- Based on lighting type, the machine vision lighting market is divided into LEDs, fiber optic lights (halogen), fluorescent lighting, xenon, and others. The LEDs segment held a larger market share in 2022.
- By spectrum of light, the market is bifurcated into visible spectrum, IR spectrum, and UV spectrum. The IR spectrum segment held a larger market share in 2022.
- In terms of application, the market is divided into automotive, food & beverage, pharmaceuticals, consumer electronics, logistics, and others. The consumer electronics segment held a larger market share in 2022.
Machine Vision Lighting Market Share Analysis by Geography
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.
Machine Vision Lighting Market Regional Insights
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.
- Get the Regional Specific Data for Machine Vision Lighting Market
Machine Vision Lighting Market Report Scope
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 |
Machine Vision Lighting Market Players Density: Understanding Its Impact on Business Dynamics
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:
- Cognex Corp
- Keyence Corp
- Wenglor Sensoric Electronic Devices GmbH
- Omron Microscan Systems, Inc
- CCS Inc
- Smart Vision Lights
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Machine Vision Lighting Market top key players overview
Machine Vision Lighting Market News and Recent Developments
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:
- Smart Vision Lights introduced the LHI-DO Lightgistics series light, which is available in 300 mm and 600 mm models designed to deliver intense linear light in high-speed scan tunnel systems. LHI-DO Lightgistics series light is a machine vision light equipped with hidden strobe technology. The light delivers the benefits of LED strobing while minimizing the disruption and disorientation associated with bright, pulsing lights. (Source: Smart Vision Lights, Company Website, February 2024).
Machine Vision Lighting Market Report Coverage and Deliverables
The “Machine Vision Lighting Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Machine vision lighting market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Machine vision lighting market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Machine vision lighting market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the machine vision lighting market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Lighting Type, Spectrum of Light, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
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.
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The List of Players - Machine Vision Lighting Market
- Cognex Corp
- Keyence Corp
- Wenglor Sensoric Electronic Devices GmbH
- Omron Microscan Systems, Inc.
- CCS Inc
- Smart Vision Lights
- Spectrum Illumination
- Exaktera LLC
- BASLER AG
- Schott AG