Machine Vision Lighting Market- Size, Share & Trends|2030

The machine vision lighting market 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.

Analyst Perspective:

Lighting is a vital feature of machine vision applications. Failure to appropriately illuminate a target can lead to information and production loss. A lighting approach entails using a light source and its location concerning the part and the camera.

Machine Vision Lighting Market Overview:

Machine vision systems are the next-generation intelligent systems essentially used in industrial applications for detection, measurement, identification, inspection, etc. Constant technological advances have changed the industry as a whole. These systems play essential roles in robotics; these are used to guide autonomous robots, also known as ‘self-navigating robots.’ Various industries, such as food & beverages, pharmaceuticals, and automotive, are highly involved in increasing accuracy, reducing labor-intensive processes, and speed; systems in the machine vision lighting market are in demand to perform complex, repetitive tasks more accurately and consistently. Systems in the machine vision lighting market include image sensors, processors, PLC, frame grabbers, and more, driven by a software package to execute user-defined applications. Lighting is a critical system element that is crucial in defining the application. LEDs are the most used lighting type and have revolutionized the industry. LED lighting has led machine vision applications into areas where fiber optic light sources or fluorescent lighting were unsuitable. A decade ago, LED lighting firms were considered new entrants; however, they currently lead the market.

The machine vision lighting market is expected to experience substantial growth in the coming years due to the growing demand in industries such as robotics, automation, and non-manufacturing, including intelligent transport systems, logistics, and medical, exhibiting substantial market growth. Automotive, electronics, and processing industries are the largest end users of these systems. However, the development of systems in the machine vision lighting market in non-industrial niche applications such as logistics, IP video surveillance, and intelligent traffic systems is also rising owing to ongoing technological improvements resulting in decreasing the costs of these systems.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Get 10% FREE CUSTOMIZATION

Machine Vision Lighting Market: Strategic Insights

Market Size Value in	US$ 1.59 billion in 2022
Market Size Value by	US$ 2.88 billion by 2030
Growth rate	CAGR of 7.7% from 2022 to 2030
Forecast Period	2022-2030
Base Year	2022

Naveen

Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

 Speak to Analyst

Machine Vision Lighting Market Driver:

Extensive Demand for High Production Output Drives Machine Vision Lighting Market Growth

High-production environments often require rapid inspection processes to maintain efficiency. Machine vision systems, equipped with appropriate lighting, can operate at high speeds while maintaining accuracy in detecting defects and ensuring product quality. In electronics manufacturing, where components are produced in large volumes, systems in the machine vision lighting market with optimized lighting can quickly inspect circuit boards for defects, ensuring a high level of quality in a short time, which contributes to higher production output by minimizing production delays. For example, in automotive manufacturing, systems in the machine vision lighting market with precision lighting can identify imperfections in painted surfaces, reducing the chances of defects reaching the end of the production line and avoiding costly rework.

The increasing market competition has impetus on global manufacturers to decrease production errors and operating expenditures. Therefore, global manufacturers increasingly embed advanced solutions in their production lines to manufacture quality products while minimizing production errors. The manufacturing industries are more focused on cost-effective manufacturing and packaging technologies, which can protect the brand and quality of the products. Irrespective of some sectors, the manufacturing industries demand specialized knowledge to control and automate processes.

Due to the massive sales of products, error prevention and automation have risen dramatically in recent years. All the production specifications are expected to be handled with perfection, ensuring the maximization of the uptime. Thus, the low-quality products are rejected through the specifications, and operating costs are reduced. Additionally, all regulatory expectations are either met or exceeded. Proper lighting in machine vision, thus, plays a vital role in maintaining the quality of products. Since machine vision systems examine the image of the object, it is vital to get the precise lighting arrangement for the application. This enables the camera to capture all image details essential to make exact measurements. Higher levels of integration help in increasing product quality as well as production efficiency, thus reducing production costs.

The extensive demand for high production output is a significant driver for the machine vision lighting market. Machine vision systems play a crucial role in industrial automation, quality control, and inspection processes by providing accurate and rapid imaging capabilities. Effective lighting is essential for these systems to capture high-quality images, increasing efficiency, productivity, and overall production output.

Machine Vision Lighting Market Segmental Analysis:

Based on lighting type, the machine vision lighting market is segmented into LEDs, fiber optic lights (halogen), fluorescent lighting, xenon, and others. Several lighting options and ways are available to construct and orient machine vision systems. Selecting an appropriate lighting for the machine vision system results in significant variation in the productivity of the user's machine. While planning for a new machine vision system, the first step is to comprehend the part to be scrutinized. This includes the color, surface finish, and the outcome of the part. Further, a proper understanding of the product environment is critical. The next step is to review the advantages and disadvantages of various available lighting sources. Each lighting source has different characteristics, including strobe, intensity, heat produced, intensity, lifespan, and cost. 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 provide 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. Thus, the presence of such players propels the growth of LEDs in the machine vision lighting market.

Access Data

Machine Vision Lighting Market Regional Analysis:

Asia Pacific is expected to dominate the machine vision lighting market. The manufacturing industry in the developing countries of APAC has experienced a seismic shift over the years, as they have established themselves as serious players, which has subsequently created a threat for reputable manufacturers holding a firm presence in developed nations. The Asian manufacturing sector is known to quickly adopt innovation accelerators, including robotics and emerging cloud and mobility technologies. Over the years, manufacturing spending in APAC has grown significantly and is further anticipated to grow at the highest estimated growth rate. This dramatic growth in manufacturing spending and the adoption of new technologies are the key factors fueling the demand for machine vision systems.

APAC has become a universal manufacturing hub with the presence of various manufacturing industries. Among China's evolution into a high-skilled manufacturing hub, other emerging countries such as India, Vietnam, Taiwan, and South Korea are attracting several businesses that are in a quest to relocate their low to medium-skilled manufacturing facilities to neighboring countries, offering lower labor costs. Further, China is the largest producer of passenger cars in the world, followed by Japan, India, and South Korea. This would further propel the machine vision lighting market growth in the country. Also, the consumer electronics manufacturing industry in APAC is leading globally. These industries' presence is anticipated to positively influence the machine vision lighting market. On the other hand, China, the largest manufacturing hub, is experiencing a rise in labor costs due to its aging population. As a result, manufacturing enterprises from developed countries seek to invest in other Southeast Asian countries to take advantage of improving infrastructure, rising domestic consumption, and lower costs in these countries. Furthermore, the demand for consumer electronic products, which is majorly driven by rising disposable incomes, price deflation, and innovation, particularly in the emerging Asian markets, is projected to encourage the manufacturing industries in APAC to adopt newer technologies in order to synchronize with consumers' expectations. Also, the presence of a strong semiconductor industry in APAC is propelling the growth of machine vision lighting market.

Machine Vision Lighting Market Key Player Analysis:

Cognex Corporation, Advanced Illumination Inc., Effilux, Moritex Corporation, National Instruments Corporation, Omron Microscans Systems Inc., Prophotonix Limited, Spectrum Illumination, and TPL Vision are among the key players operating in the machine vision lighting market.

Recent Developments: 

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the machine vision lighting market. A few recent key machine vision lighting market developments are listed below:

• In October 2023, Cognex Corporation announced the acquisition of Moritex Corporation, a manufacturer and seller of machine vision optical components such as high-spec lenses and lighting for industrial use.
• In September 2023, The Wenglor Sensoric Group, headquartered in Tettnang, Germany, has recently completed the acquisition of deevio, a Berlin-based start-up specializing in AI and image processing. This strategic move allows Wenglor to enhance its expertise in artificial intelligence and data science, unlocking new possibilities for innovative advancements in the realm of machine vision. The acquisition strengthens Wenglor's position in the market and provides a platform for future growth and development in this rapidly evolving field.