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North America Machine Vision Lighting Market

2021

Electronics and Semiconductor North America Machine Vision Lighti...

North America 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 & Beverage, Pharmaceuticals, Logistics, and Others)

Publication Month: Oct 2021 | Report Code: TIPRE00025263 | No. of Pages: 129 | Category: Electronics and Semiconductor | Status: Published

Market Insights

North America Machine Vision Lighting Market Market to Grow at a CAGR of 6.9% to reach US$ 448.53 million from 2021 to 2028

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The machine vision lighting market in North America is expected to grow from US$ 280.29 million in 2021 to US$ 448.53 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2021 to 2028.


The US, Canada, and Mexico are major economies in North America. Huge demand for high production output is the major factor driving the growth of the North America machine vision lighting market. Lighting is a significant factor of any application of machine vision. Appropriate lighting guarantees a reliable environment for machine vision systems to detect or scrutinize objects, resulting in enhanced accuracy, repeatability as well as quality in production.

The increasing market competition has its impetus on North America manufacturers to decrease production errors and operating expenditure. Therefore, North America manufacturers are increasingly embedding advanced solutions to their production line to manufacture quality products along with minimized production errors. The manufacturing industries these days 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 for a specialized knowledge for control and automation of processes.

Due to the massive sale of products, error prevention and automation has risen dramatically in recent years. All the specifications of the production are expected to be handled with perfection, ensuring the maximization of the uptime, thus, through the specifications, the low-quality products are rejected, and operating costs are reduced. Additionally, all regulatory expectations are either met or exceeded. Proper lighting in machine vision thus, plays an important role in maintaining the quality of products. Since machine vision systems examine the image of the object, hence 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 cost.

North America has the highest adoption and growth rate of new technologies owing to favorable government policies to boost innovation and strengthen the infrastructure capabilities. Hence, any impact on industries is expected to affect the economic growth of the region in a negative manner. Presently, the US is the world’s worst affected country due to the COVID-19 outbreak, thereby influencing the sudden stands still across all industries such as manufacturing and automotive.It is becoming apparent with the COVID-19 pandemic spreading across the US that a few can escape its scope, presenting significant challenges to all industries. However, the manufacturing sector is adopting technologies to convert traditional manufacturing processes into smart ones. Thus, the closure of all manufacturing units across countries such as the US, Canada, and Mexico is expected to negatively impact the growth of the machine vision lighting market. However, the outbreak of the virus has influenced the adoption of the technology across the healthcare sector to detect COVID-19 among patients. Thus, rising investment by the healthcare sector in technologies in the present situation is expected to impact the market positively. As a result, the sector was able to cope with the pandemic's predicament in a relatively short time. This industry is currently operating at the same rate as it did prior to the outbreak. Thus, North America is expected to witness an overall moderate impact on the machine vision lighting market owing to the pandemic in the coming years.

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 North America machine vision lighting market. The North America machine vision lighting market is expected to grow at a good CAGR during the forecast period.

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North America Machine Vision Lighting Market Segmentation

North America Machine Vision Lighting Market – By Lighting Type

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

North America Machine Vision Lighting Market – By Spectrum of Light

  • Visible spectrum
  • UV Spectrum
  • IR spectrum

North America Machine Vision Lighting Market – By Application

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

North America Machine Vision Lighting Market, by Country

  • US
  • Canada
  • Mexico

North America 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. North America Machine Vision Lighting Market Landscape

4.1 Market Overview

4.2 North America PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Machine Vision Lighting Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Huge Demand for High Production Output

5.1.2 Quick Expansion in Manufacturing Industry and Upcoming of Latest Technology

5.2 Key Market Restraints

5.2.1 End-User Requirements Being Complicated

5.3 Key Market Opportunities

5.3.1 LED-Based Lights Getting Developed Including Implementation of Intelligent Lighting for Machine Vision Systems

5.4 Future Trends

5.4.1 Upcoming Emergence of IIoT and Acceptance of Machine Vision Systems by SMEs

5.4.2 Rising Usage of Machine Vision in Non-Industrial Sector

5.4.3 Surging Use of Robotics in Automation

5.5 Impact Analysis of Drivers and Restraints

6. Machine Vision Lighting Market – North America Analysis

6.1 North America Machine Vision Lighting Market Overview

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

7. North America Machine Vision Lighting Market Analysis – By Lighting Type

7.1 Overview

7.2 North America 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. North America Machine Vision Lighting Market – By Spectrum of Lighting

8.1 Overview

8.2 North America 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. North America Machine Vision Lighting Market – By Application

9.1 Overview

9.2 North America 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. North America Machine Vision Lighting Market – Country Analysis

10.1 Overview

10.1.1 North America: Machine Vision Lighting Market- by Key Country

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

10.1.1.1.1 US: Machine Vision Lighting Market- by Lighting Type

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

10.1.1.1.3 US: Machine Vision Lighting Market- By Application

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

10.1.1.2.1 Canada: Machine Vision Lighting Market- by Lighting Type

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

10.1.1.2.3 Canada: Machine Vision Lighting Market- By Application

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

10.1.1.3.1 Mexico: Machine Vision Lighting Market- by Lighting Type

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

10.1.1.3.3 Mexico: Machine Vision Lighting Market- By Application

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

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

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

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

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

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

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

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

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

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

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

Table 11. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Machine Vision Lighting Market Segmentation

Figure 2. North America Machine Vision Lighting Market Segmentation – By Country

Figure 3. North America 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. US was the Largest Revenue Contributor in 2020

Figure 8. North America – PEST Analysis

Figure 9. North America Machine Vision Lighting Market– Ecosystem Analysis

Figure 10. Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 31. North America: Machine Vision Lighting Market Revenue Share, by Key Country (2020 and 2028)

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

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

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

Figure 35. Impact of COVID-19 Pandemic in North American 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 North America 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 North America 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 North America 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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