As per this study the Global Automated Optical Inspection System Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Automated Optical Inspection (AOI) System is used for spotting defects in the manufacture of printed circuit boards (PCBs). AOI technique enables fast and accurate inspection of electronic assemblies especially in PCBs for ensuring that the quality of the product is high and are built correctly without manufacturing faults. Aerospace & defense, automotive, consumer electronics and telecommunication among others are some of the application of AOI system.
The growing demand for consumer electronics goods is primarily driving the market growth. Also, increasing demand for higher productivity by electronics manufacturing services (EMS) companies is again boosting the market growth. On the other hand, the high cost of AOI systems may restrict 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. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of automated optical inspection system.
The broad automated optical inspection system market has been sub-grouped into type, technology and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- 2D AOI Systems
- 3D AOI Systems
- In-Circuit Test
- Joint Test Action Group (JTAG)
- Automated X-Ray Inspection
- Surface-Mount Technology
- Functional Testing
- Aerospace & Defense
- Consumer Electronics
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for automated optical inspection system in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Automated Optical Inspection System Market Size, Share Analysis Share by Region (Representative Graph)
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 includesAOI 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.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.