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Europe Machine Vision Lighting Market

2021

Europe 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: TIPRE00025264 | No. of Pages: 140 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Europe Machine Vision Lighting Market Market to Grow at a CAGR of 8.2% to reach US$ 601.43 million from 2021 to 2028

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The machine vision lighting market in Europe is expected to grow from US$ 347.02 million in 2021 to US$ 601.43 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2021 to 2028.


France, Germany, Italy, UK, and Russia are major economies in Europe. Manufacturing industry getting expanded and usage of advanced techniques is the major factor driving the growth of the Europe machine vision lighting market. The Europe manufacturing industry is rapidly expanding as more and newer regions are investing to adopt manufacturing plants in their localities. Moreover, the expansion in the manufacturing industry is further highly driven by the economic growth. Also, the industry is presently found to be in the middle of a technological renaissance, which is changing the outlook, systems, and processes of the modern factory. This technological revolution in the factories has been encouraging the manufacturing industries to further invest into these emerging technologies in order to enhance their productivity and production cycle. Thus, the rapid expansion in the manufacturing industry is expected to drive the demand for machine vision lighting. Since, machine vision is creating a substantial impact on industrial and manufacturing sector, the mentioned sectors have entered into a new era of digitization. Demand for Embedded Vision, Integration of CoaXPress v2.0, Vision Guided Robotics, Heightened Use of SWIR Cameras, Thermal Imaging, and improving AR ^ VR Capabilities are some of the aspects that are driving the adoption of machine vision in manufacturing & industrial sector, hence will assist in influencing the growth of machine vision lighting.

As selected countries observed a rise in the number of COVID-19 confirmed cases and subsequently witnessed the strict and longer lockdown periods or social isolation, the effect of the COVID-19 pandemic varied from country to country throughout Europe. However, due to the strong healthcare system, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their development activities. European government to protect its population from the virus spread has made huge investments in the implementation of technology in its healthcare systems for better detection of symptoms of the virus. Machine vision lighting in the region is being adopted across the manufacturing industry to efficiently detect and treat problems in production, which positively impacts the market. However, due to the temporary closure of all economic activities in the region, the adoption of technologies has experienced a dip across all other major industries in the region such as manufacturing, retail, and automotive. This is further expected to restrain the market growth over the years. Thus, the COVID-19 outbreak is expected to have a moderate to low impact on the machine vision lighting market in 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 Europe machine vision lighting market. The Europe machine vision lighting market is expected to grow at a good CAGR during the forecast period.

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Europe Machine Vision Lighting Market Segmentation

Europe Machine Vision Lighting Market – By Lighting Type

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

Europe Machine Vision Lighting Market – By Spectrum of Light

  • Visible spectrum
  • UV Spectrum
  • IR spectrum

Europe Machine Vision Lighting Market – By Application

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

Europe Machine Vision Lighting Market, by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe 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. Europe Machine Vision Lighting Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Machine Vision Lighting Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Production Output at High Demand

5.1.2 Manufacturing Industry Getting Expanded and Usage of Advanced Techniques

5.2 Key Market Restraints

5.2.1 Complex End-User Requirements

5.3 Key Market Opportunities

5.3.1 LED-based lights Being Manufactured and Surge in Acceptance of Intelligent Lighting for Machine Vision Systems

5.4 Future Trends

5.4.1 SMEs adopting Machine Vision Systems and Emergence of IIoT

5.4.2 Rising Adoption of Machine Vision in Non-Industrial Industries

5.4.3 Significant Use of Robotics in Automation

5.5 Impact Analysis of Drivers and Restraints

6. Machine Vision Lighting Market – Europe Analysis

6.1 Europe Machine Vision Lighting Market Overview

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

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

7.1 Overview

7.2 Europe 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. Europe Machine Vision Lighting Market – By Spectrum of Lighting

8.1 Overview

8.2 Europe 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. Europe Machine Vision Lighting Market – By Application

9.1 Overview

9.2 Europe 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. Europe Machine Vision Lighting Market – Country Analysis

10.1 Overview

10.1.1 Europe: Machine Vision Lighting Market- by Key Country

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

10.1.1.1.1 Germany: Machine Vision Lighting Market- by Lighting Type

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

10.1.1.1.3 Germany: Machine Vision Lighting Market- By Application

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

10.1.1.2.1 France: Machine Vision Lighting Market- by Lighting Type

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

10.1.1.2.3 France: Machine Vision Lighting Market- By Application

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

10.1.1.3.1 Italy: Machine Vision Lighting Market- by Lighting Type

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

10.1.1.3.3 Italy: Machine Vision Lighting Market- By Application

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

10.1.1.4.1 UK: Machine Vision Lighting Market- by Lighting Type

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

10.1.1.4.3 UK: Machine Vision Lighting Market- By Application

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

10.1.1.5.1 Russia: Machine Vision Lighting Market- by Lighting Type

10.1.1.5.2 Russia: Machine Vision Lighting Market- By Spectrum of Lighting

10.1.1.5.3 Russia: Machine Vision Lighting Market- By Application

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

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

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

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

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

11.1 Europe: 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. Europe Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 20. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Machine Vision Lighting Market Segmentation

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

Figure 3. Europe 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. Automotive Segment Held the Largest Market Share in 2020

Figure 7. Germany was the Largest Revenue Contributor in 2020

Figure 8. Europe – PEST Analysis

Figure 9. Europe Machine Vision Lighting Market– Ecosystem Analysis

Figure 10. Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 30. Europe: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

Figure 38. Impact of COVID-19 Pandemic in Europe 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 Europe 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 Europe 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 Europe 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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