Automated Optical Inspection System Market Size is worth 1,188 million by 2027 | Analysis by Type, Application, and Industry Vertical

The Automated Optical Inspection Systems Market Size is anticipated to reach USD 1,188 million by 2027, growing at a CAGR of 17% over that time.

Automated optical inspection is a technique that employs optics to take clear pictures of the printed circuit board in order to find any flaws or differences in how the PCB’s components are assembled. The high speed and high volume of production processes have increased the likelihood of errors in the manufacturing and assembly of PCB components, and the fact that the size and density of PCBs have decreased with the miniaturization of parts has positively impacted the demand for automated optical inspection systems.

The reduction of labour expenses and manpower and increased output per machine throughput has been playing the role of the key drivers of this market.

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Automated Optical Inspection System Market Key Players –

Some of the important key companies in the Automated Optical Inspection System Market are present on the international scene and have made contributions to raising market revenue. These significant pivotal figures are

• CyberOptics,
• Daiichi Jitsugyo Asia Pte. Ltd.,
• GOPEL electronic GmbH,
• KOH YOUNG TECHNOLOGY Inc.,
• MIRTEC CO., LTD.,
• Nordson Corporation,
• OMRON Corporation,
• Saki Corporation,
• Test Research, Inc.,
• Viscom AG.

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Regional Analysis –

With a 48.1% market share in 2019, Asia Pacific dominated the market for automated optical inspection systems. This is explained by the fact that the area is home to numerous electronics and printed circuit board makers. Additionally, one of the main drivers for major electronics manufacturers to locate production in this area has been the region’s low cost of labour. Additionally, the demand for consumer electronics and automobiles has increased in nations like China and India due to rising disposable income, which has fueled the demand for high-quality electronic components and fueled the expansion of this market.

Due to increased innovation and technological improvements across all of the region’s manufacturing sectors, North America had the second-largest market share in 2019. The market in this region is also being propelled by the rising demand for electronic items and cell phones that are smaller, faster, and slimmer. Due to the substantial presence of automakers in this region, the AOI market in Europe is anticipated to have consistent growth. The focus of automakers in nations like Germany and France on improving the safety features of their vehicles has contributed to a growth in the need for high-quality electronic components, which has raised the need for AOI systems in this area.

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Automated Optical Inspection System Market Segmentation –

The Automated Optical Inspection System Market is ideally categorized into 4 parts based on technology, applications, components, and type. The segmentation based on technology is further sub-categorized into online AOI systems and offline AOI systems. The application-based market is further divided into aerospace and defence, automotive, consumer electronics, industrial electronics, medical devices, telecommunications and others sections. The components-based market is divided into software, system, camera system, lighting system, computer systems and other segments. Whereas the type-based market is further divided into 2D AOI systems and 3D AOI systems.

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