DUBLIN, April 1, 2019 /PRNewswire/ -- The "Machine Vision Lighting Market to 2025 - Global Analysis and Forecasts by Lighting Type, Spectrum of Light, and Application" report has been added to ResearchAndMarkets.com's offering.
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 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.
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 racking, 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.
Key Topics Covered:
1.1 Scope of the Study
1.2 Research Report Guidance
2. Key Takeaways
3. Machine Vision Lighting Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 Pest Analysis
4. Machine Vision Lighting Market - Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Extensive Demand For High Production Output
4.1.2 Rapid Expansion In Manufacturing Industry and Implementation of Advanced Techniques
4.2 Key Market Restraints
4.2.1 Complicated End-User Requirements
4.3 Key Market Opportunities
4.3.1 Developments In Led-Based Lights and Increase In Adoption of Intelligent Lighting For Machine Vision Systems
4.4 Future Trends
4.4.1 Emergence of Iiot and Adoption of Machine Vision Systems by Smes
4.4.2 Adoption of Machine Vision In Non-Industrial Sector
4.5 Impact Analysis of Drivers and Restraints
5. Machine Vision Lighting - Global Market Analysis
5.1 Global Machine Vision Lighting Market Overview
5.2 Global Machine Vision Lighting Market Forecast and Analysis
6. Machine Vision Lighting Market Revenue and Forecasts To 2025 -Lighting Type
6.2 Lighting Type Market Forecasts and Analysis
6.4 Fiber Optic Lights (Halogen)
6.5 Florescent Lighting
7. Machine Vision Lighting Market Revenue and Forecasts To 2025 -Spectrum of Light
7.2 Spectrum of Light Market Forecasts and Analysis
7.3 Visible Spectrum
7.4 UV Spectrum
7.5 IR Spectrum
8. Machine Vision Lighting Market Revenue and Forecasts To 2025 -Application
8.2 Application Market Forecasts and Analysis
8.4 Consumer Electronics
8.5 Food & Beverage
9. Machine Vision Lighting Market - Geographical Analysis
10. Industry Landscape
10.1 Market Initiative
10.2 Merger and Acquisition
10.3 New Development11. Competitive Landscape
11.1 Competitive Product Mapping
11.2 Market Positioning - Global Top 5 Players Ranking
12. Global Machine Vision Lighting - Company Profiles
12.1 Cognex Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 Swot Analysis
12.1.5 Key Developments
12.2 Advanced Illumination, Inc.
12.4 Moritex Corporation
12.5 National Instruments Corporation
12.6 Omron Microscan Systems, Inc.
12.7 Prophotonix Limited
12.8 Smart Vision Lights
12.9 Spectrum Illumination
12.10 TPL Vision
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