Machine Vision Lighting Market to exceed US$ 2.88 billion by 2030

    Published on 10-Jan-2024
         Request For Sample

    Report : Machine Vision Lighting Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Lighting Type [LEDs, Fiber Optic Lights (Halogen), Fluorescent Lighting, Xenon, and Others], Spectrum of Light (Visible Spectrum, IR Spectrum, and UV Spectrum), and Application (Automotive, Food & Beverage, Pharmaceuticals, Consumer Electronics, Logistics, and Others)

    According to our latest study on "Machine Vision Lighting Market Forecast to 2030 - Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage - by Lighting Type, Spectrum of Light, and Application," the machine vision lighting market size was valued at US$ 1.59 billion in 2022 and is expected to reach US$ 2.88 billion by 2030; it is estimated to record a CAGR of 7.7% from 2022 to 2030.

    Increase in Adoption of Intelligent Lighting for Machine Vision Systems to Provide Lucrative Opportunities for Machine Vision Lighting Market Growth During Forecast Period

    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. Specific customer-specific applications lack individual mechanical and optical designs. A massive number of machine vision end users require lighting with higher intensity, coupled with lower price, as well as 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 the faster production process, which needs shorter exposure times and more luminous intensity, are witnessing high demand. Manufacturers in the machine vision lighting market are thus catering to this inclination by manufacturing high-power LEDs. Constant developments in LED-based lights for complex end-user applications are anticipated to provide a prosperous opportunity to the market.

    Additionally, another prevailing factor in illumination technology is intelligent lighting. Intelligent or smart lighting aims to exploit the supply of illumination systems exquisitely and thus use them more efficiently and economically. Intelligent lighting can also be used for monitoring illumination systems, and this is consequently a move toward Industry 4.0. As the dynamic application data and the technical properties of illumination are permanently available in the machine vision system, end users can be notified immediately about diminishing lighting levels and other significant changes. The increasing factory automation is resulting in the adoption of smart lighting technology in machine vision systems.

    Key Findings of Machine Vision Lighting Market Study:

    The machine vision lighting market is categorized based on lighting type, spectrum of light, and application. Based on lighting type, the machine vision lighting market is segmented into LEDs, fiber optic lights (halogen), fluorescent lighting, and xenon. By spectrum of light, the market is segmented into visible spectrum, UV spectrum, and IR spectrum. In terms of application, the machine vision lighting market is segmented into automotive, consumer electronics, food & beverage, pharmaceuticals, and logistics. Geographically, the machine vision lighting market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America.

    Based on lighting type, the machine vision lighting market is segmented into g LEDs, fiber optic lights (halogen), fluorescent lighting, and xenon. Light-emitting diodes (LEDs) are machine vision systems' most extensively used lighting type. LEDs are available in various colors and sizes and are easily structured into different shapes, such as linear illuminators, spotlights, and ring lights. Moreover, the light produced by the LED array is focused and directional and does not diffuse. Also, it is possible to aim an individual light from an LED array to deliver illumination at particular angles. Further, it is possible to select lenses molded in each LED to deliver the light in diverse spread angles. Various players across the world are providing LED lighting solutions for machine vision. For instance, Smart Vision Lights provides LED lighting solutions for several types of machine vision or automation camera applications. The presence of such players propels the growth of the LED segment in the machine vision lighting market. Halogen is another lighting source that is good for applications requiring brighter lighting. However, the use of halogen is limited as it cannot be strobed; it generates immense heat and loses intensity with time. A typical example of halogen applications is the lighting of large factory buildings, outdoor areas, filling stations, and robot applications. Also, halogen lamps are used as light sources in cold light sources for line scan cameras. These incur low investment costs. Fluorescent lamps are the major competitor for large-area lighting available in tube shape, whereas a halogen lamp is usually a point light source combined with a reflector. Several players provide fiber optic lights. For example, Lighting & Tech Specialist Optics (LOTS) provides LTS-SLG fiber optic light for the machine vision lighting market. It is a second-generation fiber optical light that can replace traditional 50-300W halogen light. Thus, such players are propelling the growth of the fiber optic lights segment in the machine vision lighting market.

    Contact Us

    Contact Person: Sameer Joshi

    Phone: +1-646-491-9876

    Email Id: sales@premiummarketinsights.com

    Get Free Sample PDF

    Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

    Have a Question?


    Recent Posts