Global Automated Optical Inspection System Market size was valued at US$ 434 Mn in 2019 and is expected to reach US$ 2512 Mn by 2026 to exhibit a CAGR of 24.54% during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Automatic optical inspection is a key technique used in the production and check of electronic printed circuit boards. Automatic optical inspection system allows fast and correct inspection of electronic assemblies and in specific printed circuit boards to confirm that the quality of product exit the manufacturing line is high and the items are built properly and without manufacturing faults.
The market now demanding high volume, high feature products to be carried to market very rapidly reliable and fast methods are required to ensure that product quality remains high. The automatic optical inspection system is a crucial tool in a united electronics test approach that ensures costs are retained as low as possible by detecting faults major in the production line. Automated optical inspection systems can be employed in the production line just to alter the soldering process. An automatic optical inspection system can be used to catch problems primarily in the production process.
The major drivers of the automated optical inspection system are the rising demand for consumer electronics, the growing need for high-quality electronic components, growing automation in healthcare, the necessity for high-quality electronic components creates automated optical inspection system a requirement in the aerospace & defense industry and demand for higher production by electronics industrial services companies.
The key restraint of the automated optical inspection system is the high cost of automated optical inspection systems and the wrong call ratio of image-based automated optical inspection systems. The elements of an automated optical inspection system are a camera system, lighting system, computer systems, software, fault detection process, algorithm-based recognition.
The latest applications for automated optical inspection systems separately from printed circuit board examination and development of smart technology are the key opportunities in the automated optical inspection system market. The necessity for always advancing hardware and software systems to manage huge data volumes and readiness of superior auxiliary technology for inspection are the challenges in the automated optical inspection system market.
Asia Pacific is anticipated to hold the largest share of the automated optical inspection system market due to the electronics industry in APAC has developed the world-class revolution-driven hub for production on the back of the low-cost capable labor, business-approachable environment, low production cost, and increasing demand for electronic products in the region. The growth of this has contributed to the important speed of the automated optical inspection system market leap in this region.
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Scope of the Global Automated Optical Inspection System Market: Inquire before buying
Global Automated Optical Inspection System Market, by Type
• 2D AOI Systems
• 3D AOI Systems
Global Automated Optical Inspection System Market, by Technology
• Inline AOI System
• Offline AOI System
Global Automated Optical Inspection System Market, by Industry
• Consumer Electronics
• Telecommunications
• Automotive
• Medical Devices
Global Automated Optical Inspection System Market, by Region
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players Operating in the Global Automated Optical Inspection System Market
• Koh Young
• Test Research, Inc.
• Omron
• Mirtec
• Viscom
• Camtek
• CyberOptics
• Daiichi Jitsugyo
• Nordson
• Orbotech
• GOEPEL Electronic
• Marantz Electronics
• Machine Vision Products
• Saki
• Vi Technology
• Dcb Automation
• Pemtron
• Stratus Vision
• Parmi
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The Automated Optical Inspection System market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the automated optical inspection system market includes AOI Systems Ltd., Camtek Ltd., Cyberoptics Corporation, Daiichi Jitsugyo Co., Ltd. (DJK), Goepel Electronic GmbH, Koh Young Technology Inc., Machine Vision Products Inc., Mirtec Co., Ltd., Nordson Corporation, Omron Corporation, Orbotech Ltd., Saki Corporation, Test Research Inc. (TRI) and Viscom AG.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Automated Optical Inspection System Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/automated-optical-inspection-system-market/download-sampleMarket DynamicsThe growing demand for consumer electronics goods is primarily driving the market growth.
Whereas, new applications for AOI systems apart from PCB inspection along with the emergence of smart technology is expected to create potential opportunity over the forecast period.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.
According to the new market research report "Automated Optical Inspection (AOI) System Market by Type (2D AOI, 3D AOI), Technology (Inline AOI, Offline AOI), Industry (Consumer Electronics, Telecommunications, Automotive, Medical Devices, Aerospace & Defense) and Region - Global Forecast to 2025", published by MarketsandMarkets™, the global Automated Optical Inspection (AOI) System Market size is estimated to be valued at USD 753 million in 2020 and is projected to reach USD 1,583 million by 2025; it is expected to grow at a CAGR of 16.0% during the forecast period.Major factors fueling the growth of the market include increasing demand for consumer electronics, rising need for high-quality electronic components, demand for higher productivity by electronics manufacturing services (EMS) companies, and growing demand for AOI systems in automotive electronics.Ask for PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=179056156 3D AOI systems to hold the largest size of the automated optical inspection (AOI) system market by 20253D AOI systems can detect faults in PCB substrates as well as defects in the ball grid array (BGA), which makes them superior to 2D AOI systems.
Further, the ability to quickly inspect defects in tall components, a significant reduction in false call rates, and the ability to provide volumetric data of components under inspection make 3D AOI systems the ideal choice for electronic manufacturing service (EMS) providers in the coming years.Inline AOI system to account for the larger size of automated optical inspection (AOI) system market by 2025Inline AOI systems offer a higher rate of PCB inspection, which is ideal for electronics manufacturing companies involved in high volume production.
Hence, most large manufacturing companies install multiple inline AOI systems in their production lines to speed up the inspection process.Browse in-depth TOC on "Automated Optical Inspection System Market"67 – Tables47 – Figures145 – Pages Inquiry Before Buying:https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=179056156APAC to be the largest market for automated optical inspection (AOI) system market in 2025APAC is the leading region for the global PCB production market, with countries such as China, Taiwan, Japan, and South Korea.
The increase in the high-volume manufacturing of PCBs creates a demand for AOI systems with faster inspection speed.Major players in the automated optical inspection (AOI) system market include Koh Young (South Korea), Test Research, Inc. (Taiwan), Omron (Japan), Viscom (Germany), Saki (Japan), Nordson (US), Daiichi Jitsugyo (Japan), KLA (US), Camtek (Israel), CyberOptics (US), Goepel Electronic (Germany), and Mirtec (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
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