Machine Vision Lighting Market Size to Hit USD 3.65 billion
From GlobeNewswire: 2025-06-10 09:20:00
The Machine Vision Lighting Market was valued at USD 1.87 Billion in 2024 and is projected to reach USD 3.65 Billion by 2032, with a CAGR of 8.73% from 2025-2032. The market is driven by precision, efficiency, and technological advancements, particularly in the U.S. with a CAGR of 8.91%.
Asia-Pacific leads the Machine Vision Lighting Market with a 44% revenue share in 2024, while North America is projected to have the fastest growth with a 9.97% CAGR through 2032. Europe, LATAM, and MEA are also experiencing steady growth in the market.
Segment-Wise Insights show Xenon lighting dominating the market in 2024 with a 46% share, while the IR spectrum led the market. Automotive and manufacturing segments are key drivers, with healthcare expected to grow the fastest from 2025-2032.
Key players in the market include Keyence, Omron, Cognex, FLIR, Basler, and more. Recent developments include Advanced Illumination presenting new solutions at Automate 2025. SNS Insider is a leading market research agency providing valuable insights for decision-making.
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