Automated Optical Inspection Market size is projected to reach USD 1.7 Billion by 2027 from an estimated USD 534.4 Million in 2020, growing at a CAGR of 21.9% globally.
Automated optical inspection (AOI) is a type of automated visual inspection used to detect faults on printed circuit boards (PCBs). Solder faults, component defects, ball grid arrays (BGA), surface defects, dimensional defects, component placement defects, and chip-scale packing (CSP) defects are all detected by these methods. Circuits have gotten more sophisticated as a result of the introduction of microelectronics and developments in printed circuit boards, making physical inspection of boards nearly impossible. As a result, AOI is crucial in examining these circuit boards. Keeping expenses as low as feasible on your production process aids in achieving the target product quality. This technique is faster and more efficient than manual inspection. Due to increased demand, the AOI market has risen dramatically in the past.
The research provides an up-to-date analysis of the current market scenario, as well as the current developments and drivers, and the market landscape. Furthermore, the growing demand for Automated Optical Inspection is expected to propel the industry forward. The Automated Optical Inspection market analysis is segmented into type, application, and geographic landscape.
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The Major Players in the Automated Optical Inspection Market Include:
· Koh Young (South Korea)
· Test Research Inc. (TRI) (Taiwan)
· Omron (Japan)
· Camtek (Israel)
· Viscom (Germany)
· Saki Corporation (Japan)
· Nordson (US)
· KLA (US)
· Cyberoptics (US)
· Goepel Electronics (Germany)
Market has segmented the global Automated Optical Inspection market on the basis of type, application, and region:
The Automated Optical Inspection market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
IMR presents a detailed study, and summation of data from multiple sources by an analysis of key parameters. Our report on the Automated Optical Inspection market covers the following areas:
· Automated Optical Inspection Industry Sizing Analysis
· Automated Optical Inspection Industry Forecast Analysis
· Automated Optical Inspection Market Industry Analysis
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By Type:
· 2D AOI
· 3D AOI
By Application:
· Fabrication Phase
· Assembly Phase
By Regional Outlook (Revenue, USD Billion, 2017 – 2028)
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Automated Optical Inspection Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
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Reasons to Purchase the Automated Optical Inspection Market Report:
· The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
· Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
· Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
· The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
· Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.