North America Machine Vision Lighting Market Forecast to 2030
North America Machine Vision Lighting Market Forecast to 2030 – Regional Analysis – by Lighting Type [LEDs, Fiber Optic Lights (Halogen), Fluorescent Lighting, Xenon, and Others], Spectrum of Light (Visible Spectrum, IR Spectrum, and UV Spectrum), and Application (Automotive, Food & Beverage, Pharmaceuticals, Consumer Electronics, Logistics, and Others)
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Description
Extensive Demand for High Production Output Fuels North America Machine Vision Lighting Market
High-production environments often require rapid inspection processes to maintain efficiency. Machine vision systems, equipped with appropriate lighting, can operate at high speeds while maintaining accuracy in detecting defects and ensuring product quality. In electronics manufacturing, where components are produced in large volumes, machine vision systems with optimized lighting can quickly inspect circuit boards for defects, ensuring a high level of quality in a short time, which contributes to higher production output by minimizing production delays. For example, in automotive manufacturing, machine vision systems with precision lighting can identify imperfections on painted surfaces, reducing the chances of defects reaching the end of the production line and avoiding costly rework. The increasing market competition has impetus on global manufacturers to decrease production errors and operating expenditures. Therefore, global manufacturers increasingly embed advanced solutions in their production lines to manufacture quality products while minimizing production errors. The manufacturing industries 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 specialized knowledge to control and automate processes.
Due to the massive sales of products, error prevention and automation have risen dramatically in recent years. All the production specifications are expected to be handled with perfection, ensuring the maximization of the uptime. Thus, the low-quality products are rejected through the specifications, and operating costs are reduced. Additionally, all regulatory expectations are either met or exceeded. Proper lighting in machine vision, thus, plays a vital role in maintaining the quality of products. As 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, thus reducing production costs.
The extensive demand for high production output is a significant driver for the machine vision lighting market. Machine vision systems play a crucial role in industrial automation, quality control, and inspection processes by providing accurate and rapid imaging capabilities. Effective lighting is essential for these systems to capture high-quality images, increasing efficiency, productivity, and overall production output.
North America Machine Vision Lighting Market Overview
The manufacturing industry trends in North America, specifically in the US, have been the most influential market trends over the past few years. This is majorly due to the region’s ability to remain the sole bright spot for economic recovery. Also, the manufacturing industry in this region gives significant importance to the country’s economy and workforce, which further drives the demand for supremely efficient manufacturing tools. Some major manufacturing industries in North America include aerospace, automotive, and construction.
The manufacturing sector of Mexico is experiencing tremendous growth. This includes industries such as automotive & aerospace, medical devices, and consumer electronics. Some of the largest consumer electronics and TV manufacturers, such as Sony, Phillips, Dell, and Panasonic, have set up their operations in Mexico. As per the US Bureau of Labor Statistics data, 591,720 manufacturing businesses in the US represent many industries and services. This number represents facilities for food, transportation, manufacturing equipment, chemicals, petroleum and coal products, machinery, and electronics. This has resulted in the high adoption of automation, including machine vision systems. Even Canada is experiencing a declining dollar and availability of cheaper power; thus, positively influencing the growth of the manufacturing sector.
North America is also considered one of the most competitive landscapes, attracting numerous manufacturing and technology-based companies to venture into this region. However, the uncompetitive legacy commitments, lax corporate governance, and high structural and acquiescence costs are projected to hinder manufacturing competitiveness in some of the industries. Similarly, restrictive immigration policies and uncompetitive labor and tax policies can also put North American manufacturers at a notable disadvantage against their competitors worldwide. Nonetheless, the rising focus of the manufacturing industries on enhancing their quality standards and manufacturing policies has led to an increase in the demand for lighting systems, image boards, and software for vision systems, generating ample opportunities for the machine vision system market to grow moderately in North America.
North America Machine Vision Lighting Market Revenue and Forecast to 2030 (US$ Million)
North America Machine Vision Lighting Market Segmentation
The North America machine vision lighting market is segmented based on lighting type, spectrum of light, application, and country. Based on lighting type, the North America machine vision lighting market is categorized into LEDs, fiber optic lights (halogen), fluorescent lighting, xenon, and others. The LEDs segment held the largest market share in 2022.
In terms of spectrum of light, the North America machine vision lighting market is categorized into visible spectrum, IR spectrum, and UV spectrum. The visible spectrum segment held the largest market share in 2022.
Based on application, the North America machine vision lighting market is categorized into automotive, food & beverage, pharmaceuticals, consumer electronics, logistics, and others. The automotive segment held the largest market share in 2022.
By country, the North America machine vision lighting market is segmented into the US, Canada, and Mexico. The US dominated the North America machine vision lighting market share in 2022.
Schott AG, Basler AG, Exactera LLC, Spectrum Illumination, Smart Vision Lights, CCS Inc, Omron Microscan Systems Inc, wenglor sensoric GmbH, Keyence Corp, and Cognex Corp are some of the leading companies operating in the North America machine vision lighting market.
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According to the Research Team’ research, the North America machine vision lighting market was valued at US$ 452.22 million in 2022 and is expected to reach US$ 833.37 million by 2030, registering a CAGR of 7.9% from 2022 to 2030. Multispectral and hyperspectral lighting and customized lighting solutions for specific industries are among the critical factors attributed to the North America machine vision lighting market expansion.
Multispectral and hyperspectral imaging enables the capture of spectral information across different wavelengths, facilitating detailed material analysis. It contributes to improved quality control by revealing subtle defects or variations that may not be visible in traditional imaging. It also helps in capturing and analyzing information beyond the visible spectrum, providing valuable insights for various applications. Lighting solutions designed for multispectral and hyperspectral systems are essential to provide uniform illumination and enhance contrast, ensuring the accurate detection of defects in diverse materials. Multispectral and hyperspectral imaging find applications in precision agriculture for crop monitoring, disease detection, and nutrient analysis. Lighting solutions designed for agricultural machine vision systems are developed to support the specific spectral requirements of these applications, optimizing imaging conditions for accurate analysis. Thus, multispectral and hyperspectral imaging in the machine vision industry influences the development of specialized lighting solutions. These lighting advancements contribute to improved imaging accuracy, enhanced material analysis, and expanded applications across various industries owing to which a significant trend in the machine vision industry can be observed.
On the contrary, complicated end user requirement hurdles the growth of North America machine vision lighting market.
Based on lighting type, the North America machine vision lighting market is categorized into LEDs, fiber optic lights (halogen), fluorescent lighting, xenon, and others. The LEDs segment held 69.4% share of North America machine vision lighting market in 2022, amassing US$ 314.00 million. It is projected to garner US$ 600.76 million by 2030 to expand at 8.4% CAGR during 2022–2030.
In terms of spectrum of light, the North America machine vision lighting market is categorized into visible spectrum, IR spectrum, and UV spectrum. The visible spectrum segment held 73.6% share of North America machine vision lighting market in 2022, amassing US$ 332.79 million. It is projected to garner US$ 622.62 million by 2030 to expand at 8.1% CAGR during 2022–2030.
By application, the North America machine vision lighting market is categorized into automotive, food & beverage, pharmaceuticals, consumer electronics, logistics, and others. The automotive segment held 28.6% share of North America machine vision lighting market in 2022, amassing US$ 129.31 million. It is projected to garner US$ 260.84 million by 2030 to expand at 9.2% CAGR during 2022-2030.
Based on country, the North America machine vision lighting market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 79.6% share of North America machine vision lighting market in 2022. It was assessed at US$ 359.96 million in 2022 and is likely to hit US$ 678.02 million by 2030, exhibiting a CAGR of 8.2% during 2022-2030.
Key players operating in the North America machine vision lighting market are Schott AG, Basler AG, Exactera LLC, Spectrum Illumination, Smart Vision Lights, CCS Inc, Omron Microscan Systems Inc, wenglor sensoric GmbH, Keyence Corp, and Cognex Corp, among others.
In October 2021, CCS launched OLB-LT series bendable OLED lighting for machine vision inspection. The launched product is the second product under CCS-LT. The OLB-LT series uses a multi-layer design of organic light-emitting diodes (OLED) and spring steel so that the bending radius can be designed from 100 mm with either an inner or outer light emission surface while reducing the impact to the 0.1 mm flexible glass.
In December 2023, Smart Vision Lights launched the JWL225-DO lightgistics machine vision light series. The light series combines a linear light footprint with ring-light functionality to deliver brighter, faster lighting at working distances up to 2,000 mm. The light features Hidden Strobe technology, enabling the use of powerful LED strobing without annoying and potentially hazardous flashes.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America machine vision lighting market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America machine vision lighting market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Machine Vision Lighting Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain
5. North America Machine Vision Lighting Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Extensive Demand for High Production Output
5.1.2 Rapid Expansion of Manufacturing Industry
5.1.3 Increasing Automation Across Industries
5.2 Market Restraints
5.2.1 Complicated End User Requirement
5.2.2 Lack of Skilled Professionals in Manufacturing Industry
5.3 Market Opportunities
5.3.1 Increase in Adoption of Intelligent Lighting for Machine Vision Systems
5.3.2 Customized Lighting Solutions for Specific Industries
5.4 Future Trends
5.4.1 Multispectral and Hyperspectral Lighting
5.5 Impact of Drivers and Restraints:
6. North America Machine Vision Lighting – Market Analysis
6.1 Machine Vision Lighting Market Revenue (US$ Million), 2020-2030
6.2 Machine Vision Lighting Market Forecast and Analysis
7. North America Machine Vision Lighting Market Analysis – Lighting Type
7.1 LEDs
7.1.1 Overview
7.1.2 LEDs Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Fiber Optic Lights (Halogen)
7.2.1 Overview
7.2.2 Fiber Optic Lights (Halogen) Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Fluorescent Lighting
7.3.1 Overview
7.3.2 Fluorescent Lighting Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Xenon
7.4.1 Overview
7.4.2 Xenon Market, Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
8. North America Machine Vision Lighting Market Analysis – Spectrum of Light
8.1 Visible Spectrum
8.1.1 Overview
8.1.2 Visible Spectrum Market Revenue, and Forecast to 2030 (US$ Million)
8.2 IR Spectrum
8.2.1 Overview
8.2.2 IR Spectrum Market Revenue, and Forecast to 2030 (US$ Million)
8.3 UV Spectrum
8.3.1 Overview
8.3.2 UV Spectrum Market Revenue, and Forecast to 2030 (US$ Million)
9. North America Machine Vision Lighting Market Analysis – Application
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Food & Beverage
9.2.1 Overview
9.2.2 Food & Beverage Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Pharmaceuticals
9.3.1 Overview
9.3.2 Pharmaceuticals Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Consumer Electronics
9.4.1 Overview
9.4.2 Consumer Electronics Market Revenue, and Forecast to 2030 (US$ Million)
9.5 Logistics
9.5.1 Overview
9.5.2 Logistics Market Revenue, and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. North America Machine Vision Lighting Market – Country Analysis
10.1 North America Market Overview
10.1.1 North America Machine Vision Lighting Market, by Key Country, 2022 and 2030 (%)
10.1.1.1 North America Machine Vision Lighting Market Revenue and Forecasts and Analysis – By Country
10.1.1.2 US Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 US Machine Vision Lighting Market Revenue and Forecasts by Lighting Type
10.1.1.2.2 US Machine Vision Lighting Market Revenue and Forecasts by Spectrum of Light
10.1.1.2.3 US Machine Vision Lighting Market Revenue and Forecasts by Application
10.1.1.3 Canada Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Canada Machine Vision Lighting Market Revenue and Forecasts by Lighting Type
10.1.1.3.2 Canada Machine Vision Lighting Market Revenue and Forecasts by Spectrum of Light
10.1.1.3.3 Canada Machine Vision Lighting Market Revenue and Forecasts by Application
10.1.1.4 Mexico Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Mexico Machine Vision Lighting Market Revenue and Forecasts by Lighting Type
10.1.1.4.2 Mexico Machine Vision Lighting Market Revenue and Forecasts by Spectrum of Light
10.1.1.4.3 Mexico Machine Vision Lighting Market Revenue and Forecasts by Application
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Cognex Corp
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Keyence Corp
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 wenglor sensoric GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Omron Microscan Systems, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 CCS Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Smart Vision Lights
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Spectrum Illumination
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Exaktera LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 BASLER AG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Schott AG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the the Reporting Teams
14.2 Word Index
Table 1. Machine Vision Lighting Market Segmentation
Table 2. Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Million) – Lighting Type
Table 4. Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Million) – Spectrum of Light
Table 5. Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. North America Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 7. US Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Lighting Type
Table 8. US Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Spectrum of Light
Table 9. US Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 10. Canada Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Lighting Type
Table 11. Canada Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Spectrum of Light
Table 12. Canada Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 13. Mexico Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Lighting Type
Table 14. Mexico Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Spectrum of Light
Table 15. Mexico Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 16. Heat Map Analysis by Key Players
Table 17. List of Abbreviation
Figure 1. Machine Vision Lighting Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Machine Vision Lighting Market
Figure 4. Machine Vision Lighting Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Machine Vision Lighting Market Revenue (US$ Million), 2020-2030
Figure 7. Machine Vision Lighting Market Share (%) – Lighting Type, 2022 and 2030
Figure 8. LEDs Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Fiber Optic Lights (Halogen) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Fluorescent Lighting Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Xenon Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Machine Vision Lighting Market Share (%) Spectrum of Light, 2022 and 2030
Figure 14. Visible Spectrum Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. IR Spectrum Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. UV Spectrum Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Machine Vision Lighting Market Share (%) Application, 2022 and 2030
Figure 18. Automotive Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Food & Beverage Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Pharmaceuticals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Consumer Electronics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Logistics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. North America Machine Vision Lighting Market, by Key Country – Revenue (2022) (US$ Million)
Figure 25. Machine Vision Lighting Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 26. US Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Canada Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. Mexico Machine Vision Lighting Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 29. Company Positioning & Concentration
The List of Companies – North America Machine Vision Lighting Market
1. Schott AG
2. Basler AG
3. Exactera LLC
4. Spectrum Illumination
5. Smart Vision Lights
6. CCS Inc
7. Omron Microscan Systems Inc
8. wenglor sensoric GmbH
9. Keyence Corp
10. Cognex Corp
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