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Machine Vision Lighting Market Research Study 2025 Detailed Impact Analysis of COVID-19, Opportunities, Challenges, and Future Growth Companies are Cognex Corporation, Advanced Illumination, Effilux, Moritex Corporation And National Instruments Corporatio
High adoption of Machine Vision Systems by the Automotive Industry is anticipated to escalate the Machine Vision Lighting Market at a CAGR of 7.7%The latest market study on "Machine vision lighting Market to 2025 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, and Logistics) - Global Analysis and Forecast", the machine vision lighting market is estimated to reach US$ 1961.6 Mn by 2025 from US$ US$ 1089.4 Mn in 2017. The report includes a key understanding of the driving factors of this growth and also highlights the prominent players in the market and their developments.
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Operations in the automobile industry is increasingly growing complex and thus bring potentials for errors. Manufacturers have a very small margin for errors in the current highly competitive scenario and thus need very accurate systems to support their operations. Achieving high quality during production with minimal errors and satiate ever-increasing demands of the customers, manufacturers and suppliers are in immense need of a highly effective approach to prevent the defects that can occur at various stages of production. Machine Vision Systems enable to fulfill those demands for the manufacturers effectively and in an efficient manner.
The global machine vision lighting market for the application is broken down into automotive, consumer electronics, food & beverage, pharmaceuticals, and logistics, and others. All stages and steps in the production of an automotive vehicle are effectively and efficiently inspected by the machine vision system. The intricate steps that require extreme superiority of skills while inspecting include suspension and dashboard gauging, tires, and interior fittings. These activities are simplified by the use of proper lighting in the machine vision systems. Also, automotive vision systems allow color checks, dimension checks, and the presence and absence of foreign bodies or mal-formed parts. Because of the greater advantage and functionality provided by these systems, the sector has witnessed widespread implementations of machine vision solutions.
Further, the machine vision lighting market is expected to experience significant growth in the coming years due to the increasing demand in industries such as automation, robotics, and non-manufacturing which include 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 growth of machine vision systems in non-industrial niche applications such as logistics, intelligent traffic systems, IP video surveillance, and others is also rising owing to ongoing improvements in the technology resulting in decreasing the costs of these systems.
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 specialized knowledge for control and automation of processes.
The Report Segments the Global Machine Vision Lighting Market as follows:
Global Machine Vision Lighting Market - By Lighting Type
LEDs
Fiber Optic Lights (Halogen)
Fluorescent Lighting
Xenon
Others (Incandescent lights, Laser, etc.)
Global Machine Vision Lighting Market - By Spectrum of Light
Visible spectrum
UV Spectrum
IR spectrum
Global Machine Vision Lighting Market - By Application
Automotive
Consumer Electronics
Food & Beverage
Pharmaceuticals
Logistics
Others
Research Methodology
The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provides a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as SEC filings, annual reports, and white papers have been used by data analysts for an insightful understanding of the market. The research methodology clearly reflects an intent to extract a comprehensive view of the market by having it analyzed against many parameters. The valued inputs enhance the report and offer an edge over the peers.
Some of the companies competing in the Machine Vision Lighting Market are
1. COGNEX CORPORATION
2. ADVANCED ILLUMINATION, INC.
3. EFFILUX
4. MORITEX CORPORATION
5. NATIONAL INSTRUMENTS CORPORATION
6. OMRON MICROSCAN SYSTEMS, INC.
7. PROPHOTONIX LIMITED
8. SMART VISION LIGHTS
9. SPECTRUM ILLUMINATION
10. TPL VISION
Machine Vision Lighting Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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