Machine Vision Lighting Market Share and Growth – Overview with Detailed Analysis, Competitive landscape, Forecast to 2025

In terms of revenue, the global machine vision lighting market is expected to grow to US$ 1961.6 million by 2025 from US$ 1089.4 million in 2017.

The demand for machine vision lighting market is highly propelled with the extensive demand for high production output by different end-user industries and rapid adoption of automation in the production process. However, complicated end-user requirements is acting as a restraining factor to the machine vision lighting market growth.

The global machine vision lighting market is moderately consolidated with few major players sharing the larger pie of the market. Also, major and smaller players are trying to come up with innovative solutions and strategic partnerships as well as different business models to attract a large base of customers. Currently, the machine vision lighting market is experiencing a high growth in the developing economies of APAC region. This is due to the growing number of manufacturing industries in these economies.

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The List of companies covered in this Reports 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

On the basis of application, automotive and F&B are the leading segments of the global machine vision lighting market. In the automotive industry, machine vision is used for applications such as inspections and robotic guidance. The embedded sensors, the machine vision systems can find objects in the 2-D or 3-D space and accordingly adjust paths for its placement while assembling. Robots with the help of machine vision systems can achieve higher efficiencies and accuracies and eliminate risks and errors associated in critical activities with human labor.

The activities carried out by robots using machine vision systems include auto racing, bin picking and placement of parts for assembly. The other tasks of machine vision systems include inspections where they check for any cosmetic or functional flaws in the design of the automotive part. They also verify the presence or absence of the parts and correctness of their shapes, perform parts recognition, enable dimensional gauging and also do 2D matrix reading. The variety of applications served by machine vision systems have enabled rapid adoptions of such solutions by automobile manufacturers in various parts of the world.

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Table of Contents 

  1. INTRODUCTION 14
  2. KEY TAKEAWAYS 15
  3. MACHINE VISION LIGHTING MARKET - KEY INDUSTRY DYNAMICS 31
  4. MACHINE VISION LIGHTING - GLOBAL MARKET ANALYSIS 35
  5. MACHINE VISION LIGHTING MARKET REVENUE AND FORECASTS TO 2025 -LIGHTING TYPE 37
  6. MACHINE VISION LIGHTING MARKET REVENUE AND FORECASTS TO 2025 -SPECTRUM OF LIGHT 43
  7. MACHINE VISION LIGHTING MARKET REVENUE AND FORECASTS TO 2025 -APPLICATION 47
  8. MACHINE VISION LIGHTING MARKET - GEOGRAPHICAL ANALYSIS 56
  9. INDUSTRY LANDSCAPE 90
  10. COMPETITIVE LANDSCAPE 92
  11. GLOBAL MACHINE VISION LIGHTING - COMPANY PROFILES 95
  12. APPENDIX 128

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Posted by on Wednesday May 15 2019, 11:30 PM EDT. All trademarks acknowledged. Filed under Automotive, Automotive & Transportation, Automotive Manufacturing, Beverages, Featured Press Release, Food, Food & Beverage, Food Services, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

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