Automated Optical Inspection Market Analysis Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, And Growth Forecasts By Segments, 2023 To 2029

Market Overview:

The Automated Optical Inspection Market size is projected to reach USD 2,605.52 Million by 2028 from an estimated USD 651.43 Million in 2021, growing at a CAGR of 21.9% globally.

Computerized optical assessment (AOI) is a mechanized visual review technique utilized basically for testing printed circuit board (PCB) surrenders. PCB flaws like solder, component, ball grid array (BGA), surface, dimensional, component placement, and chip-scale packaging (CSP) flaws can be found through these systems' testing and evaluation. Circuits have become more complex as a result of developments in printed circuit boards and miniature electronics, making manual board inspection nearly impossible. As a result, AOI is crucial to the inspection of these boards.

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Market Dynamics:

Driver:

In 2020, the COVID-19 pandemic has significantly shifted the global trend toward remote learning and employment. Smartphones, computers, monitors, microphones, keyboards, mice, cameras, and even smart coffee makers and digital foot massagers that can be operated from anywhere have been difficult for customers to obtain as a result of this change. After a long day of working and studying at home, which was banned in most of the world in 2019 and 2020, people decided that the only option was to play and relax. Producers believe buyers should spend their well-deserved cash on ostentatious toys to see, hear, and play inside.

Opportunities:

Growing Demand for AOI Systems for Inspection of IC Substrates

Smart devices are advancing. PCBs with intricate multitier architectures are shrinking even further in response to the growing demand for devices that are smaller and more advanced. Manufacturers have been able to mount a greater number of components on their circuit boards due to the trend toward smaller sizes. The demand for AOI systems is being driven by the need to quickly and reliably check all components. The AOI system reduces electronic malfunction and ensures error-free production of printed circuit boards

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The Report Will Include A Major Chapter

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

By Type, The 3D AOI system is dominating the Automated Optical Inspection Market during the forecast period. For large-scale production, the 3D AOI system is mainly used extensively in the various manufacturing application. Although, 3D AOI systems are expensive to operate and work with complex programming code, but are more efficient and more sensitive to defect and error detection than 2D AOI systems. 3D AOI systems are superior to 2DAOI systems because they can detect defects in PCB boards and ball grid arrays (BGAs). In addition, the 3D AOI system is an electronics manufacturing service (EMS) with the ability to quickly inspect tall component defects, significantly reduce false call rates, and provide volume data for the component under test. It will be an ideal choice for providers.

By Technology, Inline AOI systems are expected to become a larger and faster-growing market during the forecast period. The inline Automated Optical Inspection provides a higher level of PCB inspection. This is ideal for electronics manufacturers involved in mass production. As a result, most large manufacturers install multiple inline Automated Optical Inspection systems on their production lines to speed up the inspection process. Several major manufacturers are innovating and developing inline AOI systems. In March 2021, Viscom developed a new HeavyFlex processing solution. Heavy flex handling options are available on Viscom's S3016 Ultra AOI system for optical inline 3D inspection. In addition, GÖPEL launched two new AOI systems on the market in June 2020. The 3D-XE series of AOI platforms are characterized by low acquisition costs but provide full 3D inspection capabilities. This series consists of the basic line 3DXE for standalone systems and the advanced line 3DXE for inline systems.

By Industry Use, The consumer electronics segment will hold the largest share of the AOI system market during the forecast period. The miniaturization of electronic devices has further increased the complexity of internal circuits and components. To efficiently inspect the complex circuit boards of small, compact home appliances, manufacturers are using increasingly sophisticated AOI systems to provide their customers with high-quality products. The tendency to have multi-functional devices makes the architecture of modern electronic devices such as smartphones, laptops, and wearable's more complex. The increasing complexity of these devices requires sophisticated AOI systems for inspection. In addition, with the advent of 3D inspection technology, AOI systems play an important role in maintaining high-quality standards for these complex household appliances.

By Type:

•2D AOI System
•3D AOI System

By Technology:

•Inline AOI System
•Offline AOI System

By Industry Use:

•Consumer Electronics
•Telecommunications
•Automotive
•Medical Devices
•Aerospace & Défense
•Industrial Electronics
•Energy & Power

By Application:

•Fabrication Phase
•Assembly Phase

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Regional Analysis of Automated Optical Inspection Market:

The Asia Pacific is the dominating region in Automated Optical Inspection Market during the forecasted period. APAC is a major region of global printed circuit board manufacturing, with countries such as China, Taiwan, Japan, and South Korea at the forefront. With the mass production of printed circuit boards, there is a demand for Automated Optical Inspection systems with high inspection speeds. The APAC region's electronics industry has become a world-class innovation-driven manufacturing center due to its affordable, skilled workforce, business-friendly environment, low production costs, and rising demand for electronics in the region. The growth of the electronics industry has allowed the Asia Pacific Automated Optical Inspection market to grow significantly.

By Region:

•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

Key Players For The Global Automated Optical Inspection Market

•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) and other major players.

Key Industry Developments In Automated Optical Inspection Market

In March 2021, Viscom developed a new Heavy Flex handling solution to meet the need for flexible handling of large and heavy objects. Heavy Flex handling options are available for Viscom's S3016 ultra system for optical inline 3D inspection.

In March 2021, Saki Corporation enhanced the 3Di Series AOI system with its new Z-axis solution to accelerate inspection of tall components, press-fit components, and PCBAs in jigs. The new Z-axis package for 3Di Series achieves a maximum height-measurement range in 3D mode to 40 mm. The maximum focus height in 2D is also increased to 40mm.

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Key highlights of the report:

•Define, describe and forecast Automated Optical Inspection product market by type, application, end user and region.
•Provide enterprise external environment analysis and PEST analysis.
•Provide strategies for company to deal with the impact of COVID-19.
•Provide market dynamic analysis, including market driving factors, market development constraints.
•Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
•Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.

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