Wed, 04 Aug 2021

This report contains 150 pages this report highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

Machine Vision Lighting Market report is firmly based on primary research, interviews with top executives, news sources and information insiders also Secondary research techniques are implemented for better understanding and clarity for data analysis.

The Machine Vision Lighting market was valued at US$ 1089.4 Mn in 2017 and is projected to reach US$ 1961.6 Mn by 2025; it is expected to grow at a CAGR of 7.7% from 2018 to 2025.

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There are some very well–established market players operating in the Machine Vision Lighting market. The top ten players in this market include Advanced Illumination Inc., EFFILUX, Moritex Corporation, National Instruments Corporation, Omron Microscan System, Inc., Cognex Corporation, ProPhotonix Limited, Smart Vision Lights, Spectrum Illumination, TPL Vision, etc.

This Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the global market situations in the forecast period.

The machine vision lighting market has experienced high growth and implementations in the last few years and is also expected to experience a significant growth in years to come. One of the major reason for higher implementations of machine vision systems by various industry verticals is, the advancements in several related technologies taking place around the machine vision systems. Computer interfaces, the microprocessors and cameras, all these tools have evolved into highly capable and flexible tools/ components. The advances in technology have thus facilitated mass production and custom manufacturing of suppliers. Machine vision systems also provides end users with improved productivity and quality in the manufacturing process which also helps in achieving higher productivity along with increased profit margins. Developing digital ecosystem and high growth of data, and developing economies are providing ample opportunities for the players operating in the global machine vision lighting market.

Market Insights

Extensive Demand for High Production Output

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 global manufacturers to decrease production errors and operating expenditure. Therefore, global 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.

Lighting Type-Based Market Insights

On the basis of lighting type, the global machine vision lighting market is bifurcated into LEDs, Fiber Optic Lights (Halogen), Florescent Lighting, and Xenon. Several lighting options and ways are available for the construction and orientation of 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, foremost thing is to comprehend the part that is to be scrutinized. This includes the color, surface finish, and the outcome of the part. Further, proper understanding of the product environment is also a critical part.

Spectrum of Light -Based Market Insights

On the basis of spectrum of light, the global machine vision lighting market is segmented into Visible spectrum, UV Spectrum, and IR spectrum. Machine vision systems highly depends on the careful selection of illumination wavelength to improve image contrast. Selecting the appropriate wavelength in machine vision lighting applications to illuminate the object can be the difference between a high and a low quality vision system. By using high power illuminators, which are available from UV through visible to IR wavelengths, designers can optimize contrast without compromising image brightness or sensitivity.

Strategic Insights

Product development is the commonly adopted strategy by companies to expand their product portfolio. Advanced Illumination Inc., EFFILUX, Moritex Corporation, National Instruments Corporation, Omron Microscan System, Inc., Cognex Corporation, ProPhotonix Limited, Smart Vision Lights, Spectrum Illumination, and TPL Vision among others are the key players implementing strategies to enlarge the customer base and gain significant share in the global Machine Vision Lighting market, which in turn permits them to maintain their brand name. A few of the recent key developments are:

  • In 2018, Spectrum Illumination's distributor, Polytec, presented new IP68 and FDA compliant dome and ring lights. The dust tight and watertight lights have been designed for use in the food, beverages and pharmaceuticals sectors as well as in harsh environmental conditions.
  • In 2018, CCS Inc. Acquired EFFILUX SAS. With Effilux joining the CCS group, CCS aims to accelerate its growth of overseas machine vision business by strengthening product capabilities through their complementing lineups and actively utilizing the technical capabilities of both companies.

Complete Report is Available (Including Full TOC, List of Tables & Figures, Graphs, and Chart):

Table of Content:

Chapter 1 Machine Vision Lighting Market Overview

Chapter 2 Global Economic Impact on Machine Vision Lighting Industry

Chapter 3 Global Machine Vision Lighting Market Competition by Manufacturers

Chapter 4 Global Machine Vision Lighting Production, Revenue (Value) by Region 2021-2025

Chapter 5 Global Machine Vision Lighting Supply (Production), Consumption, Export, Import by Regions -2021-2025

Chapter 6 Global Machine Vision Lighting Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Machine Vision Lighting Market Analysis by Application

Chapter 8 Machine Vision Lighting Manufacturing Cost Analysis

Chapter 9 Machine Vision Lighting Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

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