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Machine Vision Lighting Market Booming Across the World | Explore By Global Leading Players Cognex , Advanced Illumination, Effilux , Moritex , National Instruments , Omron Microscan Systems, Prophotonix Limited

09-19-2019 07:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Premium Market Insights

Machine Vision Lighting Market - Premium Market Insights

Machine Vision Lighting Market - Premium Market Insights

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.

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Companies Covered in this Report

1. Cognex Corporation
2. Advanced Illumination, Inc.
3. Effilux
4. Moritex Corporation
5. National Instruments Corporation
6. Omron Microscan Systems, Inc.
7. Prophotonix Limited
8. Smart Vision Lights
9. Spectrum Illumination
10. Tpl Vision

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.

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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.

Fundamentals of Table of Contents

1. INTRODUCTION
2. KEY TAKEAWAYS
3. MACHINE VISION LIGHTING MARKET LANDSCAPE
4. MACHINE VISION LIGHTING MARKET - KEY INDUSTRY DYNAMICS
5. MACHINE VISION LIGHTING - GLOBAL MARKET ANALYSIS
6. MACHINE VISION LIGHTING MARKET REVENUE AND FORECASTS TO 2025 -LIGHTING TYPE
7. MACHINE VISION LIGHTING MARKET REVENUE AND FORECASTS TO 2025 -SPECTRUM OF LIGHT
8. MACHINE VISION LIGHTING MARKET REVENUE AND FORECASTS TO 2025 -APPLICATION
9. MACHINE VISION LIGHTING MARKET - GEOGRAPHICAL ANALYSIS
10. INDUSTRY LANDSCAPE
11. COMPETITIVE LANDSCAPE

Contact Info:
Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights
Phone: +1-646-491-9876

About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.

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