Automated Optical Inspection Market Set to Expand from $924.09 Million to $2.57 Billion by 2030, with a Strong 15.76% CAGR

𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐝 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐆𝐫𝐨𝐰𝐭𝐡:

𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐎𝐩𝐭𝐢𝐜𝐚𝐥 𝐈𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 was valued nearly US$ 924.09 Mn. in 2023 and is estimated to grow at a CAGR of 15.76 % and is expected to reach at US$ 2574.11 Mn. by 2030.

𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐎𝐩𝐭𝐢𝐜𝐚𝐥 𝐈𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Automated Optical Inspection (AOI) is a technique used to capture high-quality images of printed circuit boards (PCBs) to identify defects or anomalies in the component assembly through optical means. With the increasing speed and volume of PCB manufacturing processes and the trend towards miniaturization of components, the likelihood of errors has risen, driving the growth of the AOI market.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:https://www.stellarmr.com/report/req_sample/Automated-Optical-Inspection-System-Market/369

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐎𝐩𝐭𝐢𝐜𝐚𝐥 𝐈𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬?

1. Demand for Enhanced Productivity: The growing need for improved productivity in electronics manufacturing services (EMS) is a key driver of the AOI market. As EMS businesses strive for higher efficiency and quality, the adoption of AOI systems has become more prevalent.

2. Automotive Electronics: The rise in demand for automated optical inspection systems in automotive electronics is contributing to market growth. The automotive sector's requirement for high-quality electronic components is fueling the demand for AOI technologies.

3. Consumer Electronics: The increasing demand for consumer electronics, coupled with the need for high-quality and miniaturized components, is driving the growth of the AOI market. Consumers' expectations for more advanced and reliable electronic devices are pushing manufacturers to implement sophisticated inspection systems.

4. High Installation Costs and Skilled Labor: Despite its growth, the AOI market faces challenges, including the high installation costs of AOI systems and the need for highly skilled personnel to operate and maintain them. These factors can be significant barriers to market expansion.

5. Technological Substitutes and Awareness: The availability of alternative inspection technologies and a lack of awareness regarding recent advancements in the AOI ecosystem pose potential threats to the market. As new technologies emerge, they may offer competitive advantages or address current limitations in AOI systems.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐎𝐩𝐭𝐢𝐜𝐚𝐥 𝐈𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 ?

In 2023, the Asia-Pacific region dominated the AOI market with a 47.10% share. This dominance is attributed to the high concentration of electronics and PCB manufacturers in the region. Key factors driving this dominance include:

Low Labor Costs: The affordability of labor in APAC has attracted major electronics manufacturers to set up production facilities in the region.
Rising Disposable Income: Increasing disposable income in countries such as China and India has led to higher demand for consumer electronics and vehicles. This, in turn, has spurred the demand for high-quality electronic components and contributed to the market's growth.

𝐅𝐑𝐄𝐄 𝐆𝐞𝐭 𝐚 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰! @https://www.stellarmr.com/report/req_sample/Automated-Optical-Inspection-System-Market/369

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐎𝐩𝐭𝐢𝐜𝐚𝐥 𝐈𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 ?

By Application

Fabrication Phase
Assembly Phase

By Type

2D AOI System
3D AOI System

By Technology

Inline AOI System
Offline AOI System

By Industry

Consumer Electronics
Telecommunications
Automotive
Medical Devices
Aerospace & Defense
Industrial Electroncis
Energy & Power

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐎𝐩𝐭𝐢𝐜𝐚𝐥 𝐈𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

KOH YOUNG TECHNOLOGY
TEST RESEARCH
OMRON
VISCOM
AKI CORPORATION
NORDSON
KLA
CAMTEK
CYBEROPTICS
GOEPEL ELECTRONIC
MIRTEC
MARANTZ ELECTRONICS
MACHINE VISION PRODUCTS
MYCRONIC AB (VI TECHNOLOGY)
AOI SYSTEMS
DCB AUTOMATION
PEMTRON
PARMI
STRATUS VISION
ASC INTERNATIONAL
MANNCORP
ASCEN TECHNOLOGY
SCREEN PE SOLUTIONS
AOI VISION PTE
SEHO SYSTEMS

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐥𝐞𝐚𝐬𝐞 𝐕𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/Automated-Optical-Inspection-System-Market/369

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

This release was published on openPR.