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 App

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)

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 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.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America machine vision lighting market.
Highlights key business priorities in order to assist companies to realign their business strategies.
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.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
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.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.