Automated optical inspection (AOI) systems are used for the inspection of printed circuit boards (PCBs). The system is superior and less time consuming compared to manual inspection. AOI systems are preliminarily used for the detection of defects such as soldering defects, component defects, and ball grid arrays (BGA), and chip-scale packaging (CSP) defects.
The global automated optical inspection system market size is expected to reach USD 1,583 million by 2025, from USD 753 million in 2020, at a CAGR of 16.0%.Koh Young (South Korea), Test Research, Inc. (Taiwan), Omron (Japan), Viscom(Germany), and Saki (Japan)are the leading players in the automated optical inspection (AOI)system market.
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Koh Young (South Korea)
Koh Young is among the leading manufacturers of AOI systems across the world. The company focuses on its R&D efforts to maintain its technical leadership in the field of optical inspection. In FY18, the company invested 12.6% of its overall revenue in R&D activities. Apart from R&D, the company has been implementing strategies such as product launches and expansions to rapidly expand its business operations worldwide. For instance, in May 2018, it opened a new R&D center in Suwon, South Korea, to develop innovative products. Moreover, in November 2017, Koh Young launched Zenith 2 AOI platform with Artificial Intelligence-driven (AI-driven) auto-programming software that reduces programming time by 70%.
Test Research, Inc. (Taiwan)
TRI offers the most robust product portfolio in the industry for automatic test and inspection solutions. The company’s product line-up is in line with the latest technological trends in industries, such as Industry 4.0 and smart factory applications. Its highly sophisticated after-sales services have also allowed it to gain recognition among world-class electronics manufacturing companies. Moreover, the company continually works toward upgrading and launching new AOI systems through its R&D activities. For instance, in March 2017, TRI launched its new top-of-the-line TR7700QE 3D AOI systems featuring an advanced 3D solder fillet inspection capability for zero-escape fault detection.
The Automated Optical Inspection System market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the automated optical inspection system market includes AOI Systems Ltd., Camtek Ltd., Cyberoptics Corporation, Daiichi Jitsugyo Co., Ltd. (DJK), Goepel Electronic GmbH, Koh Young Technology Inc., Machine Vision Products Inc., Mirtec Co., Ltd., Nordson Corporation, Omron Corporation, Orbotech Ltd., Saki Corporation, Test Research Inc. (TRI) and Viscom AG.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Automated Optical Inspection System Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/automated-optical-inspection-system-market/download-sampleMarket DynamicsThe growing demand for consumer electronics goods is primarily driving the market growth.
Whereas, new applications for AOI systems apart from PCB inspection along with the emergence of smart technology is expected to create potential opportunity over the forecast period.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.
Global Automated Optical Inspection System Market size was valued at US$ 434 Mn in 2019 and is expected to reach US$ 2512 Mn by 2026 to exhibit a CAGR of 24.54% during the forecast period.The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors.
Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments.
The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
To know about the Research Methodology:-Request Free Sample ReportAutomatic optical inspection is a key technique used in the production and check of electronic printed circuit boards.
Automatic optical inspection system allows fast and correct inspection of electronic assemblies and in specific printed circuit boards to confirm that the quality of product exit the manufacturing line is high and the items are built properly and without manufacturing faults.The market now demanding high volume, high feature products to be carried to market very rapidly reliable and fast methods are required to ensure that product quality remains high.
An automatic optical inspection system can be used to catch problems primarily in the production process.The major drivers of the automated optical inspection system are the rising demand for consumer electronics, the growing need for high-quality electronic components, growing automation in healthcare, the necessity for high-quality electronic components creates automated optical inspection system a requirement in the aerospace & defense industry and demand for higher production by electronics industrial services companies.The key restraint of the automated optical inspection system is the high cost of automated optical inspection systems and the wrong call ratio of image-based automated optical inspection systems.
