Automated Optical Inspection System Industry 2021, Market Analysis, Growth Trends, Opportunity and Forecast To 2027
Automated Optical Inspection System industry 2021
New Study Reports ” Automated Optical Inspection System industry 2021, Analysis, Growth, Size, Trends Forecasts 2027″ has been Added on MarketResearchFuture.
Report Overview
The Automated Optical Inspection System industry is expected to grow 1500 Million with a CAGR of approximately 18% during the forecast period 2017-2026.
Starting with the overview of the Automated Optical Inspection System industry, it presents an overall analysis of the latest trends that are prevalent in the industry. The report begins with the description of the market surroundings and the analysis of the size and forecast of product or service based on regions and applications. In addition to it, the report also introduces the market competitive landscape among the vendors and manufacturers that contribute to the growth of the product or service. The company profiling and market price analysis in relation to the value chain features is also covered in the report. The data experts have examined and scrutinized the industry trends in the key regions. 2021 has been considered as the base year, with the forecast period extending to 2027.
Market Scope
The global Automated Optical Inspection System industry 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.
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 industry 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.
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.
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Segmentation
By component, the Automated Optical Inspection System 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 industry. 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 industry.
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 industry.
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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Complete Report Details@ https://www.marketresearchfuture.com/reports/automated-optical-inspection-system-market-5979
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
….
- Company Profiles
13.1 Camtek Ltd. (Israel)
13.1.1 Company Overview
13.1.2 Product/Business Segment Overview
13.1.3 Financial Updates
13.1.4 Key Developments
13.2 Nordson Corporation (U.S.)
13.2.1 Company Overview
13.2.2 Product/Business Segment Overview
13.2.3 Financial Updates
13.2.4 Key Developments
13.3 Orbotech Ltd. (Israel)
13.3.1 Company Overview
13.3.2 Product/Business Segment Overview
13.3.3 Financial Updates
13.3.4 Key Developments
13.4 Saki Corporation (Japan)
13.4.1 Company Overview
13.4.2 Product/Business Segment Overview
13.4.3 Financial Updates
13.4.4 Key Developments
And more
Continued…
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