Europe Machine Vision Lighting Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Lighting Type [LEDs, Fiber Optic Lights (Halogen), Florescent Lighting, and Xenon], Spectrum of Light (Visible Spectrum, UV Spectrum, and IR Spectrum), and Application (Automotive, Consumer Electronics, Food & Beverages, Pharmaceuticals, Logistics, and Others)
Market Introduction
Major countries considered in the European region include Germany, France, U.K., Spain, and Italy. The European machine vision market is witnessing a tremendous growth both in manufacturing as well as non-industrial application fields. Growth in medical technology and intelligent traffic systems are one of the biggest drivers for this growth. Other sectors apart from industrial manufacturing that are propelling the demand includes transport and logistics. Most of the machine vision systems manufacturers are based in Europe and exports these systems across the globe. Moreover, the European region comprises of several major manufacturing industries such as aerospace, machinery & equipment, automotive, ship building, military vehicles, and others. The Automotive industry of the EU is considered to be a crucial industry as it significantly contributes to the country’s GDP (7%) as well as provides employment to millions of people in the region. EU is the leading producer of motor vehicles and several premium automotive manufacturers are based in the region.
As selected countries observed a rise in the number of COVID-19 confirmed cases and subsequently witnessed the strict and longer lockdown periods or social isolation, the effect of the COVID-19 pandemic varied from country to country throughout Europe. However, due to the strong healthcare system, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their development activities. European government to protect its population from the virus spread has made huge investments in the implementation of technology in its healthcare systems for better detection of symptoms of the virus. Machine vision lighting in the region is being adopted across the manufacturing industry to efficiently detect and treat problems in production, which positively impacts the market. However, due to the temporary closure of all economic activities in the region, the adoption of technologies has experienced a dip across all other major industries in the region such as manufacturing, retail, and automotive. This is further expected to restrain the market growth over the years. Thus, the COVID-19 outbreak is expected to have a moderate to low impact on the machine vision lighting market in the region.
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Market Overview and Dynamics
The machine vision lighting market in Europe is expected to grow from US$ 347.02 million in 2021 to US$ 601.43 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2021 to 2028. Furthermore, the automotive sector of the region represents the largest private investor in R&D as well as it receives support from the government such as funds for R&D. Vehicle Manufacturing Industry is a strategic industry. Moreover, around 400 vehicle assembly and manufacturing facilities are located in around 27 countries across the region. Automotive, electronics, and white goods are some of the industries driving the European market. Automotive industry require warehouse for storage and assembling purposes. These warehouses are equipped with automated robots with machine vision systems that can perform various tasks such as inspection, verification, reading of character blocks on engine and so on. Furthermore, food industry is also one of the major industries in this region. Automation here helps to reduce the contamination risk which proves to be beneficial to both customer and manufacturer. The robust manufacturing sector of the EU coupled with extensive R&D investments is anticipated to bolster the growth of machine vision lighting market.
Key Market Segments
Europe machine vision lighting market is segmented into lighting type, spectrum of light, application, and country. Based on lighting type, the Europe machine vision lighting market is segmented into LEDs, fiber optic lights (halogen), florescent lighting, xenon, and others. LEDs segment held the largest market share in 2020. Based on spectrum of light, the Europe machine vision lighting market is segmented into visible spectrum, UV spectrum, and IR spectrum. Visible spectrum held the largest market share in 2020. Based on application, the Europe machine vision lighting market is segmented into automotive, consumer electronics, food and beverage, pharmaceuticals, logistics, and others. Consumer electronics held the largest market share in 2020. Based on country, the Europe machine vision lighting market is segmented into France, Germany, Italy, UK, Russia, and rest of Europe. Germany held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the machine vision lighting market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Advanced Illumination Inc; Cognex Corporation; EFFILUX; Moritex Corporation; National Instruments Corporation; Omron Microscan System, Inc.; ProPhotonix Limited; Smart Vision Lights; Spectrum Illumination; and TPL Vision.
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Europe Machine Vision Lighting Market Segmentation
Europe Machine Vision Lighting Market - By Lighting Type
- LEDs
- Fiber Optic Lights (Halogen)
- Florescent Lighting
- Xenon
- Others
Europe Machine Vision Lighting Market - By Spectrum of Light
- Visible spectrum
- UV Spectrum
- IR spectrum
Europe Machine Vision Lighting Market - By Application
- Automotive
- Consumer Electronics
- Food & Beverage
- Pharmaceuticals
- Logistics
- Others
Europe Machine Vision Lighting Market - By Country
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Europe Machine Vision Lighting Market - Company Profiles
- Advanced Illumination Inc
- Cognex Corporation
- EFFILUX
- Moritex Corporation
- National Instruments Corporation
- Omron Microscan System, Inc.
- ProPhotonix Limited
- Smart Vision Lights
- Spectrum Illumination
- TPL Vision
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Machine Vision Lighting Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Machine Vision Lighting Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Production Output at High Demand
5.1.2 Manufacturing Industry Getting Expanded and Usage of Advanced Techniques
5.2 Key Market Restraints
5.2.1 Complex End-User Requirements
5.3 Key Market Opportunities
5.3.1 LED-based lights Being Manufactured and Surge in Acceptance of Intelligent Lighting for Machine Vision Systems
5.4 Future Trends
5.4.1 SMEs adopting Machine Vision Systems and Emergence of IIoT
5.4.2 Rising Adoption of Machine Vision in Non-Industrial Industries
5.4.3 Significant Use of Robotics in Automation
5.5 Impact Analysis of Drivers and Restraints
6. Machine Vision Lighting Market – Europe Analysis
6.1 Europe Machine Vision Lighting Market Overview
6.2 Europe Machine Vision Lighting Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Machine Vision Lighting Market Analysis – By Lighting Type
7.1 Overview
7.2 Europe Machine Vision Lighting Market, By Lighting Type (2020 and 2028)
7.3 LEDS
7.3.1 Overview
7.3.2 LEDs: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Fiber Optic Lights (Halogen)
7.4.1 Overview
7.4.2 Fiber Optic Lights: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Florescent Lighting
7.5.1 Overview
7.5.2 Florescent Lighting: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Xenon
7.6.1 Overview
7.6.2 Xenon: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Machine Vision Lighting Market – By Spectrum of Lighting
8.1 Overview
8.2 Europe Machine Vision Lighting Market, by Spectrum of Lighting (2020 and 2028)
8.3 Visible Spectrum
8.3.1 Overview
8.3.2 Visible Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
8.4 UV Spectrum
8.4.1 Overview
8.4.2 UV Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
8.5 IR Spectrum
8.5.1 Overview
8.5.2 IR Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Machine Vision Lighting Market – By Application
9.1 Overview
9.2 Europe Machine Vision Lighting Market, by Application (2020 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Consumer Electronics
9.4.1 Overview
9.4.2 Consumer Electronics: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Pharmaceutical
9.5.1 Overview
9.5.2 Pharmaceutical: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Food and Beverages
9.6.1 Overview
9.6.2 Food and Beverages: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Logistics
9.7.1 Overview
9.7.2 Logistics: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Other End-Users
9.8.1 Overview
9.8.2 Other End-Users: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Machine Vision Lighting Market – Country Analysis
10.1 Overview
10.1.1 Europe: Machine Vision Lighting Market- by Key Country
10.1.1.1 Germany: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Machine Vision Lighting Market- by Lighting Type
10.1.1.1.2 Germany: Machine Vision Lighting Market- By Spectrum of Lighting
10.1.1.1.3 Germany: Machine Vision Lighting Market- By Application
10.1.1.2 France: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Machine Vision Lighting Market- by Lighting Type
10.1.1.2.2 France: Machine Vision Lighting Market- By Spectrum of Lighting
10.1.1.2.3 France: Machine Vision Lighting Market- By Application
10.1.1.3 Italy: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Machine Vision Lighting Market- by Lighting Type
10.1.1.3.2 Italy: Machine Vision Lighting Market- By Spectrum of Lighting
10.1.1.3.3 Italy: Machine Vision Lighting Market- By Application
10.1.1.4 UK: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Machine Vision Lighting Market- by Lighting Type
10.1.1.4.2 UK: Machine Vision Lighting Market- By Spectrum of Lighting
10.1.1.4.3 UK: Machine Vision Lighting Market- By Application
10.1.1.5 Russia: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Machine Vision Lighting Market- by Lighting Type
10.1.1.5.2 Russia: Machine Vision Lighting Market- By Spectrum of Lighting
10.1.1.5.3 Russia: Machine Vision Lighting Market- By Application
10.1.1.6 Rest of Europe: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Machine Vision Lighting Market- by Lighting Type
10.1.1.6.2 Rest of Europe: Machine Vision Lighting Market- By Spectrum of Lighting
10.1.1.6.3 Rest of Europe: Machine Vision Lighting Market- By Application
11. Impact of COVID-19 Pandemic on Europe Machine Vision Lighting Market
11.1 Europe: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 ADVANCED ILLUMINATION
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Cognex Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 EFFILUX
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 MORITEX Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 National Instruments Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Omron Microscan Systems, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 ProPhotonix
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Smart Vision Lights
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Spectrum Illumination
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 TPL Vision
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 11. UK: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 14. Russia: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe: Machine Vision Lighting Market- by Lighting Type –Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Machine Vision Lighting Market- By Spectrum of Lighting –Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Machine Vision Lighting Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Machine Vision Lighting Market Segmentation
Figure 2. Europe Machine Vision Lighting Market Segmentation – By Country
Figure 3. Europe Machine Vision Lighting Market Overview
Figure 4. LEDs Segment Held the Largest Market Share in 2020
Figure 5. Visible Spectrum Held the Largest Market Share in 2020
Figure 6. Automotive Segment Held the Largest Market Share in 2020
Figure 7. Germany was the Largest Revenue Contributor in 2020
Figure 8. Europe – PEST Analysis
Figure 9. Europe Machine Vision Lighting Market– Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Europe Machine Vision Lighting Market: Impact Analysis of Drivers and Restraints
Figure 12. Europe Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Machine Vision Lighting Market Revenue Share, by Lighting Type (2020 and 2028)
Figure 14. Europe LEDs: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Fiber Optic Lights: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Florescent Lighting: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Xenon: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Others: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Machine Vision Lighting Market Revenue Share, by Spectrum of Lighting (2020 and 2028)
Figure 20. Europe Visible Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe UV Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe IR Spectrum: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Machine Vision Lighting Market Revenue Share, by Application (2020 and 2028)
Figure 24. Europe Automotive: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Consumer Electronics: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Pharmaceutical: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe Food and Beverages: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe Logistics: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Europe Other End-Users: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Europe: Machine Vision Lighting Market Revenue Share, By Key Country (2020 and 2028)
Figure 32. Germany: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. France: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Italy: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. UK: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Russia: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Rest of Europe: Machine Vision Lighting Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Impact of COVID-19 Pandemic in Europe Country Markets
- Advanced Illumination Inc
- Cognex Corporation
- EFFILUX
- Moritex Corporation
- National Instruments Corporation
- Omron Microscan System, Inc.
- ProPhotonix Limited
- Smart Vision Lights
- Spectrum Illumination
- TPL Vision
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