New

Asia-Pacific Machine Vision Lighting Market

2021

Asia-Pacific Machine Vision Lighting Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Lighting Type [LEDs, Fiber Optic Lights (Halogen), Florescent Lighting, and Xenon], Spectrum of Light (Visible Spectrum, UV Spectrum, and IR Spectrum), and Application (Automotive, Consumer Electronics, Food & Beverages, Pharmaceuticals, Logistics, and Others)

Publication Month: Oct 2021 | Report Code: TIPRE00025266 | No. of Pages: 144 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Asia-Pacific Machine Vision Lighting Market Market to Grow at a CAGR of 9.0% to reach US$ 735.99 million from 2021 to 2028

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The machine vision lighting market in APAC is expected to grow from US$ 401.39 million in 2021 to US$ 735.99 million by 2028; it is estimated to grow at a CAGR of 9.0% from 2021 to 2028.


Australia, China, India, Japan, and South Korea are major economies in APAC. Upcoming of smart lighting for machine vision systems is the major factor driving the growth of the APAC machine vision lighting market. In machine vision systems, LED lights have been acknowledged as a technological basis for the lighting of 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, coupled with lower price as well as easier integration. The vital factors comprise of customer-centric adaptation possibilities in lighting geometry, numerous selections for operation as well as fast delivery times with wavelengths. The requirements for illumination systems particularly, high power density for the 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. 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 towards Industry 4.0 Since the dynamic application data, and the technical properties of illumination are permanently available in the machine vision system, the end-user can be notified in right time about diminishing lighting levels as well as other significant changes. The increasing trend of factory automation is resulting in the adoption of smart lighting technology in machine vision systems.

Because of a massive number of cases in China and India, APAC is greatly affected by the COVID-19 pandemic. China is the most important manufacturer and industrial producer because it trades more manufacturing products than any other country in the world. It is also a world leader in many types of goods. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has also affected other major economies such as South Korea, India, Australia, and Japan. These countries are experiencing downward inflation. The sudden closedown of all economic activities, which includes manufacturing and processing amongst others, has highly impacted the growth of the region. Owing to the severe burden of losses over manufacturing companies, the investments in new technologies and implementation of the same will now be deferred till they resume back to normal. This is expected to negatively impact the machine vision lighting market growth. However, the rising adoption of the technology across the manufacturing sector to determine defects in products and for inspection is influencing its high adoption across the countries for better production efficiency. Thus, the mixed effect of the adoption of technology across various industries is expected to moderately impact the market growth over the years across the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC machine vision lighting market. The APAC machine vision lighting market is expected to grow at a good CAGR during the forecast period.

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APAC Machine Vision Lighting Market Segmentation

APAC Machine Vision Lighting Market – By Lighting Type

  • LEDs
  • Fiber Optic Lights (Halogen)
  • Florescent Lighting
  • Xenon
  • Others

APAC Machine Vision Lighting Market – By Spectrum of Light

  • Visible spectrum
  • UV Spectrum
  • IR spectrum

APAC Machine Vision Lighting Market – By Application

  • Automotive
  • Consumer Electronics
  • Food & Beverage
  • Pharmaceuticals
  • Logistics
  • Others

APAC Machine Vision Lighting Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Machine Vision Lighting Market - Companies Mentioned

  • Advanced Illumination Inc
  • Cognex Corporation
  • EFFILUX
  • Moritex Corporation
  • National Instruments Corporation
  • Omron Microscan System, Inc.
  • ProPhotonix Limited
  • Smart Vision Lights
  • Spectrum Illumination
  • TPL Vision


1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Machine Vision Lighting Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Machine Vision Lighting Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Significant Demand for Quality Production Output

5.1.2 Implementation of Latest Technology Including Impulsive Expansion in Manufacturing Industry

5.2 Key Market Restraints

5.2.1 Fulfilment of End-User Requirements Being Difficult

5.3 Key Market Opportunities

5.3.1 Upcoming of Smart Lighting for Machine Vision Systems

5.4 Future Trends

5.4.1 Upcoming of IIoT and SMEs Accepting Machine Vision Systems

5.4.2 Non-Industrial Sector Highly Using Machine Vision Technology

5.4.3 Robotics in Automation Getting Popular

5.5 Impact Analysis of Drivers and Restraints

6. Machine Vision Lighting Market – APAC Analysis

6.1 APAC Machine Vision Lighting Market Overview

6.2 APAC Machine Vision Lighting Market –Revenue and Forecast to 2028 (US$ Million)

7. APAC Machine Vision Lighting Market Analysis – By Lighting Type

7.1 Overview

7.2 APAC Machine Vision Lighting Market, By Lighting Type (2020 and 2028)

7.3 LEDS

7.3.1 Overview

7.3.2 LEDs: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Fiber Optic Lights (Halogen)

7.4.1 Overview

7.4.2 Fiber Optic Lights: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Florescent Lighting

7.5.1 Overview

7.5.2 Florescent Lighting: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Xenon

7.6.1 Overview

7.6.2 Xenon: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Machine Vision Lighting Market – By Spectrum of Lighting

8.1 Overview

8.2 APAC Machine Vision Lighting Market, by Spectrum of Lighting (2020 and 2028)

8.3 Visible Spectrum

8.3.1 Overview

8.3.2 Visible Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

8.4 UV Spectrum

8.4.1 Overview

8.4.2 UV Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

8.5 IR Spectrum

8.5.1 Overview

8.5.2 IR Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Machine Vision Lighting Market – By Application

9.1 Overview

9.2 APAC Machine Vision Lighting Market, by Application (2020 and 2028)

9.3 Automotive

9.3.1 Overview

9.3.2 Automotive: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Consumer Electronics

9.4.1 Overview

9.4.2 Consumer Electronics: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Pharmaceutical

9.5.1 Overview

9.5.2 Pharmaceutical: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Food and Beverages

9.6.1 Overview

9.6.2 Food and Beverages: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Logistics

9.7.1 Overview

9.7.2 Logistics: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Other End-Users

9.8.1 Overview

9.8.2 Other End-Users: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

10. APAC Machine Vision Lighting Market – Country Analysis

10.1 Overview

10.1.1 APAC: Machine Vision Lighting Market- by Key Country

10.1.1.1 Australia: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Australia: Machine Vision Lighting Market- by Lighting Type

10.1.1.1.2 Australia: Machine Vision Lighting Market- By Spectrum of Lighting

10.1.1.1.3 Australia: Machine Vision Lighting Market- By Application

10.1.1.2 China: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 China: Machine Vision Lighting Market- by Lighting Type

10.1.1.2.2 China: Machine Vision Lighting Market- By Spectrum of Lighting

10.1.1.2.3 China: Machine Vision Lighting Market- By Application

10.1.1.3 India: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 India: Machine Vision Lighting Market- by Lighting Type

10.1.1.3.2 India: Machine Vision Lighting Market- By Spectrum of Lighting

10.1.1.3.3 India: Machine Vision Lighting Market- By Application

10.1.1.4 Japan: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Japan: Machine Vision Lighting Market- by Lighting Type

10.1.1.4.2 Japan: Machine Vision Lighting Market- By Spectrum of Lighting

10.1.1.4.3 Japan: Machine Vision Lighting Market- By Application

10.1.1.5 South Korea: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 South Korea: Machine Vision Lighting Market- by Lighting Type

10.1.1.5.2 South Korea: Machine Vision Lighting Market- By Spectrum of Lighting

10.1.1.5.3 South Korea: Machine Vision Lighting Market- By Application

10.1.1.6 Rest of APAC: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC: Machine Vision Lighting Market- by Lighting Type

10.1.1.6.2 Rest of APAC: Machine Vision Lighting Market- By Spectrum of Lighting

10.1.1.6.3 Rest of APAC: Machine Vision Lighting Market- By Application

11. Impact of COVID-19 Pandemic on APAC Machine Vision Lighting Market

11.1 APAC: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

13. Company Profiles

13.1 ADVANCED ILLUMINATION

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Cognex Corporation

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 EFFILUX

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 MORITEX Corporation

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 National Instruments Corporation

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Omron Microscan Systems, Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 ProPhotonix

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Smart Vision Lights

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Spectrum Illumination

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 TPL Vision

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. APAC Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. Australia: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)

Table 3. Australia: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)

Table 4. Australia: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 5. China: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)

Table 6. China: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)

Table 7. China: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 8. India: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)

Table 9. India: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)

Table 10. India: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 11. Japan: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)

Table 12. Japan: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)

Table 13. Japan: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 14. South Korea: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)

Table 15. South Korea: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)

Table 16. South Korea: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of APAC: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of APAC: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of APAC: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 20. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Machine Vision Lighting Market Segmentation

Figure 2. APAC Machine Vision Lighting Market Segmentation – By Country

Figure 3. APAC Machine Vision Lighting Market Overview

Figure 4. LEDs Segment Held the Largest Market Share in 2020

Figure 5. Visible Spectrum Held the Largest Market Share in 2020

Figure 6. Consumer Electronics End-user Held the Largest Market Share in 2020

Figure 7. Japan was the Largest Revenue Contributor in 2020

Figure 8. APAC – PEST Analysis

Figure 9. APAC Machine Vision Lighting Market– Ecosystem Analysis

Figure 10. Expert Opinion

Figure 11. APAC Machine Vision Lighting Market: Impact Analysis of Drivers and Restraints

Figure 12. APAC Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. APAC Machine Vision Lighting Market Revenue Share, by Lighting Type (2020 and 2028)

Figure 14. APAC LEDs: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC Fiber Optic Lights: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Florescent Lighting: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. APAC Xenon: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Others: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC Machine Vision Lighting Market Revenue Share, by Spectrum of Lighting (2020 and 2028)

Figure 20. APAC Visible Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. APAC UV Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. APAC IR Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. APAC Machine Vision Lighting Market Revenue Share, by Application (2020 and 2028)

Figure 24. APAC Automotive: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. APAC Consumer Electronics: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. APAC Pharmaceutical: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. APAC Food and Beverages: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. APAC Logistics: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. APAC Other End-Users: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. APAC: Machine Vision Lighting Market, by Key Country – Revenue (2020) (US$ Million)

Figure 31. APAC: Machine Vision Lighting Market Revenue Share, By Key Country (2020 and 2028)

Figure 32. Australia: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. China: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. India: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Japan: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. South Korea: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Rest of APAC: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. Impact of COVID-19 Pandemic in APAC Country Markets

  1. Advanced Illumination Inc
  2. Cognex Corporation
  3. EFFILUX
  4. Moritex Corporation
  5. National Instruments Corporation
  6. Omron Microscan System, Inc.
  7. ProPhotonix Limited
  8. Smart Vision Lights
  9. Spectrum Illumination
  10. TPL Vision
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC machine vision lighting market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC machine vision lighting market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the machine vision lighting market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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