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Machine Vision Light Source Market Trends, Forecast by 2031

10-17-2022 12:02 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

Machine Vision Light Source Market Trends, Forecast by 2031

Machine vision light source consist of a light source and its placement with respect to the part and the camera. It facilitates subsequent image analysis of metal sheets, glass and metal bottles, containers, etc. to detect cracks and scratches on them.

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Light penetrates directly through transparent bottles in a dark area. If the material is irregular with cracks or any other defect, some light would highlight the irregularity. Scratches, especially, create an internal vacancy where light refracts and reflects by scattering at many angles including back to the camera. These lights transform the very hard to detect scratches, abrasion, or dents into bright features in a dark background.
These factors are expected to contribute to the market expansion.

Growing Adoption from Automotive & Transportation Industry

Based on end-use industry, the global machine vision light source market is segmented into IT & telecommunication, electronics & semiconductors, consumer electronics, automotive & transportation, food & beverage, aerospace & defense, healthcare, and others (power & energy, oil & gas, etc.)

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Automotive & transportation is expected to be the fastest-growing end-use industry for the machine vision light source during the forecast period due to the increasing usage of machine vision light source in the detection of notch and testing of embossed font on flat material surfaces, such as metal, glass, and plastic.

Machine vision light source is primarily utilized for vision illumination, which is a critical prerequisite in producing workable and reproducible image. This is expected to be a prominent driving factor for the machine vision light source market, especially in the automotive & transportation industry.

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Asia Pacific to Lead the Machine Vision Light Source Market

In terms of region, the global machine vision light source market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Asia Pacific is expected to hold the largest share of the global machine vision light source market throughout the forecast period due to increasing demand from the consumer electronics, automotive & transportation, and food & beverage industries.

Machine vision light source is widely utilized in small- to medium-scale inspection stations
The LED technology has improvised in stability, intensity, and cost-effectiveness. However, it is still not as cost-effective for large area lighting, particularly when compared with fluorescent light sources. The LED light is more applicable if the flexibility, output stability, and longevity are important parameters in the application.
Rising digitalization & urbanization; the proliferation of the urban mobility using commercial electrical vehicles; running investments in smart city projects; innovations in luxury beverage packaging, sustainably-packaged water, or demand for reusable metal water bottles from eco-conscious consumers are several other factors stimulating the machine vision light source market in Asia Pacific.

The market in North America and Europe is expected to expand at a significant rate during the forecast period due to growing demand for machine vision light source from a wide range of industries such as automotive, consumer electronics, semiconductor, and IT & telecommunication. Moreover, the market is anticipated to be driven by leading countries such as the U.S., Canada, Germany, Spain, France, and Italy. The market in Middle East & Africa and South America is anticipated to expand at a steady rate during the forecast period.

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Key Players Operating in Global Machine Vision Light Source Market

The key players operating in the global market are engaged in developing technologically advanced products to meet the rising demand for machine vision light source. Furthermore, several manufacturers are focusing on strategic mergers and acquisitions of local manufacturers and system designers to strengthen their product offerings and expand their geographic reach.

Leading players operating in the global machine vision light source market include:

Cognex Corporation
International STEMMER IMAGING AG
Vision-Doctor
Qualitas Technologies
Metaphase Technologies Inc.
Smart Vision Lights
Vital Vision Technology Pte Ltd
POMEAS ICP
NATIONAL INSTRUMENTS CORP.
ADVANCED ILLUMINATION
OPT Machine Vision Tech Co., Ltd.
HWYL
1stVision
MORITEX Corporation
Spectrum Illumination
tpl-vision

Contact Us:

Rohit Bhisey
Transparency Market Research Inc.
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About Transparency Market Research

Transparency Market Research is a global market research reports company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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