Machine Vision Lighting Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Lighting Type, Spectrum of Light, and Application

Machine Vision Lighting Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Lighting Type, Spectrum of Light, and Application

  • August 2021 •
  • 176 pages •
  • Report ID: 6154049 •
  • Format: PDF
The machine vision lighting market expected to reach US$ 2,038.8 million by 2028 from US$ 1,125.1 million in 2021; it is estimated to register a CAGR of 8.0% from 2021 to 2028.

The overall market has been segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa, and South and Central America.The presence of strong manufacturing sector in the developed and developing economies of APAC is influencing the market growth for machine vision lighting.

Also, the increasing adoption of machine vision systems by different end-user industry is bolstering the market growth.Rising living standard of people across the globe, coupled with stringent government standards for different products, is impacting the market positively.

Moreover, backed by government support for reinforcing manufacturing sector, MEA and SAM are witnessing growth in their industrial sector.With government planning to make the UAE and Saudi Arabia as a manufacturing hub in coming years, it is expected to create opportunities for machine vision systems including lights, laser, and many more.

In the Middle East, Jaguar Land Rover and Mars (the food manufacturer) have already taken high interest for manufacturing.

In machine vision systems, LED lights have been acknowledged as a technological basis for lighting test objects.However, there is still a need for optimization.

There are certain customer-specific applications that are lacking individual mechanical and optical designs.A massive number of machine vision end users require lighting with higher intensity, available at lower price and easier integration.

The vital factors comprise customer-centric adaptation possibilities in lighting geometry, numerous selections for operation, and fast delivery times with wavelengths.The requirements for illumination systems particularly high power density for faster production process, which need shorter exposure times and, therefore more luminous intensity is witnessing a high demand.

Manufacturers of machine vision lighting are thus catering to this inclination by manufacturing high-power LEDs. Constant developments in the LED-based lights for complex end-user applications is anticipated to provide a prosperous opportunity to the market.

The machine vision lighting market is segmented into lighting type, spectrum of light, application, and geography.Based on lighting type, the market is further segmented into LEDs, fiber optic lights (halogen), florescent lighting, and xenon.

By spectrum of light, the market is segmented into visible spectrum, UV spectrum, and IR spectrum. Based on application, the market is categorized into automotive, consumer electronics, food & beverage, pharmaceuticals, and logistics.

Additionally, another prevailing trend in the illumination technology is intelligent lighting.Intelligent or smart lighting aims to exquisitely exploit the supply of illumination systems and thus use them more efficiently and economically.

Intelligent lighting can also be used for monitoring illumination systems and is consequently a move toward Industry 4.0. The growing trend of factory automation is resulting in the adoption of smart lighting technology in machine vision systems.

Advanced Illumination Inc.; EFFILUX; Moritex Corporation; National Instruments Corporation; Omron Microscan System, Inc.; Cognex Corporation; ProPhotonix Limited; Smart Vision Lights; Spectrum Illumination; and TPL Vision are among the key players operating in the global machine vision lighting market.
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