At 7.9% CAGR, North America Machine Vision Lighting Market is Projected to be Worth US$ 833.37 Million by 2030, says Business Market Insights

According to Business Market Insights’ 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.

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