Automated Optical Inspection System Market 2021-2027

New Research Report “Automated Optical Inspection System industry, Industrial Analysis, Market Dynamics, Growth Analysis, Regional Analysis, Size, Share, and Forecast 2021- 2027”.

Market Overview

The study of market analysis of the Automated Optical Inspection System industry focuses on the key elements and the market dynamics of a specific market within that industry. Automated Optical Inspection System industry study is an essential part of the industry analysis that focuses on the aspects associated with the SWOT analysis. The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company. 

With the help of the Automated Optical Inspection System Industry Report analysis, every new or established manufacturer can gain knowledge about the business strategies and planning by the significant key marketers who are having a strong base. The documentation is prepared by investigating the company’s activities related to their planning, decision making, purchase, capital investment, innovation, workforce, business expansion strategy, facility expansion, promotional activities, and many other aspects of a company.

The automated optical inspection system market is expected to grow 1500 Million with a CAGR of approximately 18% during the forecast period 2017-2026.

Automated optical inspection (AOI) systems inspect visuals of printed circuit boards (PCB) to gauge for quality defects or failure of functions. The systems utilize a number of techniques to increase the quality of products. The global automated optical inspection system market report by Market Research Future (MRFR) reveals valuable insights on the industry and its potential in the consumer electronics industry for the forecast period (2020-2027). The COVID-19 pandemic and its effects on the market are discussed in detail.

Market Scope

The global automated optical inspection system market is expected to expand at 4.8% CAGR over the forecast period owing to the increased quality standards for printed circuit boards. Increased accuracy, reduction in errors, and low volume of customer claims are advantages of AOI systems. Increased automation in manufacturing is predicted to facilitate future market demand. Integration of new features such as wireless connectivity, Bluetooth, voice assistance, and touch screens can induce the demand for automated optical inspection systems. Stringent regulations laid down by the Institute of Printed Circuits (IPC) for maintaining quality of components and dimensional accuracy can bode well for the market.

The COVID-19 pandemic had negatively impacted the automated optical inspection system industry. The delays in production had caused a loss of revenue to the market with major semiconductor companies withholding payments. But advances in miniaturization of components and demand for electronics in the automotive sector can offer new growth opportunities after the passing of the pandemic. Moreover, high frequency of false call rates and complexities in programming can be major challenges of the market.

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Key Players

The report has profiled some of the Important players prevalent in the global like – Camtek Ltd. (Israel), Nordson Corporation (U.S.), Orbotech Ltd. (Israel), Saki Corporation (Japan), CyberOptics Corporation (U.S.), Daiichi Jitsugyo Co., Ltd. (Japan), Test Research Inc. (Taiwan), Viscom AG (Germany), AOI Systems (U.K), Goepel Electronic GmbH (Germany), Machine Vision Products (U.S.), Mirtec Corporation (U.S.), and Vi Technology (France) and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Automated Optical Inspection System.

Segmentation

By component, the market is divided into software and system. The system segment is further segmented into camera systems, lighting systems, and computer systems.

Based on type, the market is bifurcated into 2D AOI systems and 3D AOI systems. The former is expected to display a strong growth rate over the forecast period owing to heavy demand for high-quality electronic components. Developments in software interfaces and reduction in inspection cycle times can bode well for the segment.

By technology, the market is segmented into inline AOI systems and offline AOI systems.

Based on the application, the market is segmented into telecommunication, medical devices, aerospace & defense, automotive, consumer electronics, industrial electronics, and others. The automotive segment is likely to exhibit a strong growth rate during the forecast period in the automated optical inspection system market. This is credited to integration of consumer electronics in the automotive sector. On the other hand, the telecommunication application can be highly lucrative owing to companies planning to increase the capacity of routers, servers, and satellite systems.

Regional Analysis

North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) are regions considered for the global automated optical inspection system market.

APAC is estimated to dominate the market owing to emphasis on high quality standards, rapid implementation of latest technologies, and a strong infrastructure for production. The demand for AOI systems in aerospace and defense sectors can drive the regional growth. Presence of electronics manufacturers in China, Taiwan, and Japan coupled with a skilled laborforce can boost market demand.

North America followed APAC in terms of demand due to need for faster electronic products and smart devices. High disposable income levels of customers and a large market for customer electronics can induce demand for the automated optical inspection system market.

Industry News

Aurora Circuit, a prime manufacturer of PCBs in the U.S., has acquired the Galaxy automated optical inspection machine for detecting undersized and oversized defects and contaminations.

Key Stakeholders 
Automated Optical Inspection System Industry Manufacturers 
Automated Optical Inspection System Industry Distributors/Traders/Wholesalers 
Automated Optical Inspection System industry Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

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Major Key Points from Table of Content:

1 Executive Summary

2 Market Introduction

2.1 Definition 15

2.2 Scope of The Study 15

2.3 Market Structure 15

2.4 List of Assumptions 16

3 Research Methodology

4 Market Dynamics

5 Global Automated Optical Inspection System industry, By Component

6 Global Automated Optical Inspection System industry, by Technology

7 Global Automated Optical Inspection System industry, by Application

8 Global Automated Optical Inspection System industry, By Industry

9 Global Automated Optical Inspection System industry, By Region

10 Competitive Landscape

And more

Continued...

Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Us:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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