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According to MarketsandMarkets.com – Automated Optical Inspection Market 2026 Research Study Edition

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According to MarketsandMarkets.com – Automated Optical Inspection Market 2026 Research Study Edition

August 03
01:42 2022
According to MarketsandMarkets.com - Automated Optical Inspection Market 2026 Research Study Edition
Automated Optical Inspection Market
The automated optical inspection market was valued at USD 598 million in 2020 and is projected to reach USD 1,660 million by 2026, at a CAGR of 20.8%.

The global automated optical inspection system market size is estimated to be USD 646 million in 2021 and is projected to reach USD 1,660 billion by 2026, at a CAGR of 20.8%. The advantages provided by AOI system over other inspection methods and increasing requirement for miniature and high-speed PCBs in various industries is driving the growth of the automated optical inspection system market. Additionally, rising demand for AOI systems in the inspection of IC substrates is also expected to drive the growth of the market in the forecast period.

The global automated optical inspection market size is projected to reach USD 1,660 million by 2026, at a CAGR of 20.8% between 2021 and 2026.

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Browse 170 market data tables and 50 figures spread through 215 pages and in-depth TOC on “Automated Optical Inspection Market – Global Forecast To 2026.” Early buyers will receive 10% customization on reports.

3D AOI system to hold the largest CAGR from 2021 to 2026

The 3D AOI system is typically used by large production facilities. In comparison to 2D AOI systems, 3D AOI systems are more effective and sensitive in detecting flaws and defects. The 3D AOI system is better than 2D AOI system because it can accurately identify defects in both the PCB substrate and the ball grid array (BGA). The abilities to easily inspect defects in tall components, significantly reduce false call rates, and provide volumetric data of components under inspection are likely to drive the demand for 3D AOI systems among electronic manufacturing service (EMS) providers.

Inline AOI segment to dominate the market in year 2021

A useful component of the production workstation process is the inline AOI system. This system is composed of both hardware and software components. The inline AOI system is capable of taking various images and videos from different angles. For electronics manufacturers engaged in high-volume production, inline AOI systems provide a higher rate of PCB inspection. Therefore, to speed up the inspection process, the majority of large manufacturing businesses deploy many inline AOI systems in their production lines.

Consumer electronics industry to dominate the automated optical inspection system market in 2021

Consumer electronics manufacturers are incorporating innovative technology into their products as a result of the growing demand for smaller and more complex electronic devices. The internal circuit and component complexity has risen as a result of the miniaturization of electronic devices. In order to provide customers with high-quality product, manufacturers are increasingly employing advanced AOI systems to effectively analyze complicated PCBs of tiny and compact consumer electronic gadgets. Thus, miniaturization of electronic components, growing complexity of PCBs, and shorter product lifecycle of electronic gadgets are some factors driving the demand for AOI systems for consumer electronics.

Asia Pacific holds the largest share of the market in 2021

Asia Pacific is the leading region for global PCB production market, with China, Taiwan, Japan, and South Korea at the forefront. Besides, factors such as low-cost skilled labor, business-friendly environment, cheap product costs, and growing demand for electronics products is responsible for the growth of the market in the region. Electronic industry has developed into a production hub of world-class innovation in the region. The growth in the electronics industry has enabled the APAC automated optical inspection system market to grow at a significant rate. In Asia Pacific, China holds the largest market share in 2021. China has become a major AOI system adopter because of its flourishing automotive, electronics, and industrial industries.

Automated optical inspection to accelerate growth of Industry 4.0

One of the major concerns for the manufacturing industry would be identifying a defect in PCBs. PCBs are the basics of engineering. They are known to be the fundamental building blocks of electronic devices. PCB inspection via AOI will provide operational efficiencies in electronics production. AOI is an automated vision inspection of PCBs, where a camera autonomously scans the device under test for quality defects, missing components, and other catastrophic failures. This machine-based technique will help test and evaluate PCBs for surface defects, component placement defects, dimensional defects, component misalignment, opens and shorts, inconsistent soldering, and so forth. With the help of AOI, PCB manufacturers can quickly identify common defects to better plan the production procedures.

Major companies operating in this automated optical inspection system market include Koh Young (South Korea), Test Research, Inc. (TRI) (Taiwan), Omron Corporation (Japan), Camtek (Israel), and Viscom AG (Germany).

Study Coverage:

This report analyzes the automated optical inspection system market segmented based on Type, Technology, Elements, Application, and Industry. A detailed analysis of the regional markets has been undertaken to provide insights into potential business opportunities in different regions. In addition, the value chain analysis and market dynamics have been provided in the report.

Brief information on the research methodology for the report can be found in the report description provided on the website.

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