North America Machine Vision Lighting Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

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)


No. of Pages: 94    |    Report Code: TIPRE00025263    |    Category: Electronics and Semiconductor

Available Report Formats

pdf-format excel-format pptx-format
Request Free Sample Buy Now
North America Machine Vision Lighting Market

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; it is estimated to grow at a CAGR of 7.9% from 2022-2030.

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 Revenue and Forecast to 2030 (US$ Million)
Get more information on this report

North America Machine Vision Lighting Strategic Insights

Strategic insights for the North America Machine Vision Lighting provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

strategic-framework/north-america-machine-vision-lighting-market-strategic-framework.webp
Get more information on this report

North America Machine Vision Lighting Report Scope

Report Attribute Details
Market size in 2022 US$ 452.22 Million
Market Size by 2030 US$ 833.37 Million
Global CAGR (2022 - 2030) 7.9%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Lighting Type
  • LEDs
  • Fiber Optic Lights
  • Fluorescent Lighting
  • Xenon
By Spectrum of Light
  • Visible Spectrum
  • IR Spectrum
  • UV Spectrum
By Application
  • Automotive
  • Food & Beverage
  • Pharmaceuticals
  • Consumer Electronics
  • Logistics
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Schott AG
  • Basler AG
  • Exactera LLC
  • Spectrum Illumination
  • Smart Vision Lights
  • CCS Inc
  • Omron Microscan Systems Inc
  • wenglor sensoric GmbH
  • Keyence Corp
  • Cognex Corp
  • Get more information on this report

    North America Machine Vision Lighting Regional Insights

    The geographic scope of the North America Machine Vision Lighting refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

    geography/north-america-machine-vision-lighting-market-geography.webp
    Get more information on this report

     

    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.

    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
    Frequently Asked Questions
    How big is the North America Machine Vision Lighting Market?

    The North America Machine Vision Lighting Market is valued at US$ 452.22 Million in 2022, it is projected to reach US$ 833.37 Million by 2030.

    What is the CAGR for North America Machine Vision Lighting Market by (2022 - 2030)?

    As per our report North America Machine Vision Lighting Market, the market size is valued at US$ 452.22 Million in 2022, projecting it to reach US$ 833.37 Million by 2030. This translates to a CAGR of approximately 7.9% during the forecast period.

    What segments are covered in this report?

    The North America Machine Vision Lighting Market report typically cover these key segments-

  • Lighting Type (LEDs, Fiber Optic Lights, Fluorescent Lighting, Xenon)
  • Spectrum of Light (Visible Spectrum, IR Spectrum, UV Spectrum)
  • Application (Automotive, Food & Beverage, Pharmaceuticals, Consumer Electronics, Logistics)
  • What is the historic period, base year, and forecast period taken for North America Machine Vision Lighting Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Machine Vision Lighting Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in North America Machine Vision Lighting Market?

    The North America Machine Vision Lighting Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Schott AG
  • Basler AG
  • Exactera LLC
  • Spectrum Illumination
  • Smart Vision Lights
  • CCS Inc
  • Omron Microscan Systems Inc
  • wenglor sensoric GmbH
  • Keyence Corp
  • Cognex Corp
  • Who should buy this report?

    The North America Machine Vision Lighting Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Machine Vision Lighting Market value chain can benefit from the information contained in a comprehensive market report.