Machine Vision Lighting Market to hit US$ 2,038.8 million, Globally, by 2028 at 8.0% CAGR: The Insight Partners

Machine Vision Lighting Market: Key Insights

According to our new research study on “Machine Vision Lighting Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Lighting Type, Spectrum of Light, Application, and Geography,” the Machine Vision Lighting Market is projected to reach US$ 2,038.8 million by 2028 from US$ 1,186.6 million in 2021; it is estimated to register a CAGR of 8.0% during the 2021–2028.

In 2021, ProPhotonix Limited announced an extension to its existing UVC LED product range, the COBRA Clean FX1. This compact, plug and play UVC LED lamp is now available in four wavelengths—265nm, 275nm, 285nm, and 310nm.

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In machine vision systems, LED lights have been acknowledged as a technological basis for lighting test objects. However, there is still a need for optimization. There are certain customer-specific applications that are lacking individual mechanical and optical designs. A massive number of machine vision end users require lighting with higher intensity, available at lower price and easier integration. The vital factors comprise customer-centric adaptation possibilities in lighting geometry, numerous selections for operation, and fast delivery times with wavelengths. The requirements for illumination systems particularly high power density for faster production process, which need shorter exposure times and, therefore more luminous intensity is witnessing a high demand. Manufacturers of machine vision lighting are thus catering to this inclination by manufacturing high-power LEDs. Constant developments in the LED-based lights for complex end-user applications is anticipated to provide a prosperous opportunity to the market.

The presence of strong manufacturing sector in developed and developing economies of APAC is influencing the market growth for machine vision lighting. Also, the increasing adoption of machine vision systems by different end-user industries is bolstering the market growth. Rising living standard of people across the globe, coupled with stringent government standards for different products, is impacting the market positively. Moreover, backed by government support for reinforcing manufacturing sector, MEA and SAM are witnessing growth in their industrial sector. With government planning to make the UAE and Saudi Arabia as a manufacturing hub in coming years, it is expected to create opportunities for machine vision systems including lights, laser, and many more. In the Middle East, Jaguar Land Rover and Mars (the food manufacturer) have already taken high interest for manufacturing.  

Impact of COVID-19 Pandemic on Machine vision lighting Market

It is becoming apparent with the COVID-19 outbreak across the US that a few can escape its scope, presenting significant challenges to all industries. However, the major adoption of the technology across the region is noticed in the manufacturing sector where the same is applied for converting tradition manufacturing processes into smart ones. Thus, the closure of all manufacturing units across countries such as United States, Canada, and Mexico is expected to impact the growth of machine vision lighting market negatively. However, the outbreak of the virus has influenced the adoption of the technology across the healthcare sector to detect COVID-19 among patients. 

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Extensive Demand for High Production Output

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 plays an important 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, thereby reducing production cost.

Machine Vision Lighting market: Application Overview

Consumer electronics dominates the market in 2020. This industry when design and develops consumer electronics with the help of machine vision systems enable manufacturers to incorporate the regulatory requirements and competitive factors in the manufacturing of devices. They are used for Quality Inspection and Process Automation applications in the consumer electronics industry. The vision systems perform defect detection, tolerance monitoring and component measurement in Quality Inspection. Also, they do alignment feedback and robot guidance, part presence and orientation and barcode traceability with print verification.

Machine Vision Lighting Market: Competitive Landscape and Key Developments

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 are among the key players that are profiled during this market study. In addition to these players, several other essential market players were also studied and analyzed to get a holistic view of the global machine vision lighting market and its ecosystem.

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Product development is the commonly adopted strategy by companies to expand their product portfolio. Cognex Corporation, National Instruments Corporation, Omron Corporation, TPL Vision, and Prophotonix are among the key players implementing strategies to enlarge their customer base and gain significant share in the global machine vision lighting market, which, in turn, permit them to maintain their brand name. A few of the recent key developments are:

In 2021, ProPhotonix Limited announced an extension to its existing UVC LED product range, the COBRA Clean FX1. This compact, plug and play UVC LED lamp is now available in four wavelengths—265nm, 275nm, 285nm, and 310nm.

In 2020, Advanced Illumination released its SL256 high intensity pattern projecting spot light, a new structured LED light projector featuring a large cluster of high-intensity LEDs. With significantly higher output intensity, the SL256 is up to 9x brighter than the existing SL191 pattern projecting spot light and more than 3x brighter than the leading competitive structured light projector.

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