The full name of AOI is automatic optical inspection, which is based on optical principles to detect common defects encountered in welding production. AOI is a new type of testing technology emerging from the emerging world, but it has developed rapidly. Many manufacturers have introduced AOI testing equipment. When it is automatically detected, the machine automatically scans the PCB through the camera, collects images, and compares the solder joints tested with the qualified parameters in the database. After image processing, the defects on the PCB and others application are checked, and the defects are displayed/marked through the display or automatic signs.
Due to COVID-19 pandemic, the global Automated Optical Inspection (AOI) Equipment market size is estimated to be worth US$ 2272.4 million in 2021 and is forecast to a readjusted size of USD 4027 million by 2028 with a CAGR of 8.5% during review period.
As for Global Automated Optical Inspection (AOI) Equipment market, there are several key players, like Orbotech Ltd. (KLA), Omron Corporation, Wuhan Jingce Electronic and Nordson YESTECH. The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
At present, in developed countries, the 3D AOI industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in South Korea and Other Asia countries, meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese 3D AOI production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.
The demand for AOI equipment in traditional industries has increased, and machine vision has become a trend instead of manual inspection. AOI equipment is moving towards more sophisticated and high speed. The growth rate of the PCB industry has slowed down, and the demand for stocks is greater than the increment. The FPD industry is developing at a high speed, and the market space for AOI testing equipment is increasing rapidly.
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According BMRC, Due to Covid-19 Effect next five years the Automated Optical Inspection (AOI) Equipment market will register a 9.2%% CAGR in terms of revenue, Global market size will reach $ 2561.2 million by 2025, from $ 1799 million in 2019”The Detailed market intelligence report on the Global Automated Optical Inspection (AOI) Equipment Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Global Automated Optical Inspection (AOI) Equipment Market place for the forecast 2020– 2026.Scope Of The Report:This Automated Optical Inspection (AOI) Equipment market study specially analyses the impact of Covid-19 outbreak on the Automated Optical Inspection (AOI) Equipment , covering the supply chain analysis, impact assessment to the market size growth rate in several scenarios, and the measures to be undertaken by companies in response to the COVID-19 epidemic.Get Sample Copy of This Premium Report: @ https://industrystatsreport.com/Request/Sample?ResearchPostId=12989=SampleReport evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors.
The complete knowledge is based on latest industry news, opportunities and trends.
The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region.
It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Automated Optical Inspection (AOI) Equipment Market.Key Benefits for Automated Optical Inspection (AOI) Equipment Market ReportsGlobal market report covers in-depth historical and forecast analysis.Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.Global market report helps to identify opportunities in market place.Global market report covers extensive analysis of emerging trends and competitive landscape.Automated Optical Inspection (AOI) Equipment Market Segmentation By Types:Inline AOI Equipment, Offline AOI EquipmentAutomated Optical Inspection (AOI) Equipment Market Segmentation By Application: FPD (LCD/OLED), PCB, Semiconductor, OtherBy RegionNorth America (U.S., Canada, Mexico)Europe (UK, France, Germany, Russia, Rest of Europe)Asia-Pacific( China, South Korea, India, Japan, Rest of Asia-Pacific)LAMEA (Latin America, Middle East, Africa)Automated Optical Inspection (AOI) Equipment Market Key Players:Omron, Viscom AG, SAKI Corporation, Orbotech, Utechzone, Mirtec Co., Ltd., Test Research, Inc(TRI), CIMS China(Camtek), Wuhan Jingce Electronic, Koh Young, CyberOptics Corporation, Machine Vision Products(MVP), Shenzhou Vision Technology, Machvision Inc., ViTrox, Nordson, ZhenHuaXing Technology ( ShenZhen ) Co., Ltd, Takano, Mek (Marantz Electronics), JUTZE Intelligence Technology Co.,Ltd.
This comprehensive report will provide:Enhance your strategic decision makingAssist with your research, presentations and business plansShow which emerging market opportunities to focus onIncrease your industry knowledgeKeep you up-to-date with crucial market developmentsAllow you to develop informed growth strategiesBuild your technical insightIllustrate trends to exploitStrengthen your analysis of competitorsProvide risk analysis, helping you avoid the pitfalls other companies could makeUltimately, help you to maximize profitability for your company.
Our Market Research Solution Provides You Answer to Below Mentioned Question:Which are the driving factors responsible for the growth of market?Which are the roadblock factors of this market?What are the new opportunities, by which market will grow in coming years?What are the trends of this market?Which are main factors responsible for new product launch?How big is the global & regional market in terms of revenue, sales and production?How far will the market grow in forecast period in terms of revenue, sales and production?Which region is dominating the global market and what are the market shares of each region in the overall market in 2018?How will each segment grow over the forecast period and how much revenue will these segment account for in 2026?Which region has more opportunities?Get Full Report :@ https://industrystatsreport.com/Lifesciences-and-Healthcare/Automated-Optical-Inspection-AOI-Equipment-Market-Industry-Report/SummaryOther Related Reports:https://www.globenewswire.com/news-release/2020/11/24/2132548/0/en/At-CAGR-of-14-67-Contact-Center-Software-Market-Size-worth-38-83-Billion-by-2025-says-Brandessence-Market-Research.htmlhttps://www.globenewswire.com/news-release/2020/11/12/2125360/0/en/Home-Healthcare-Market-projected-to-exceed-293-6-billion-by-2026-Says-Brandessence-Market-Research.htmlAbout Us:Brandessence Market Research and Consulting Pvt.
We salute industry experts helping companies survive and sustain in this economic pandemic; they are working day and night to help companies take rapid-decisions by findingCovid Impact on Automated Optical Inspection System Market, growth/decline in product type/use cases of the market due to cascaded impact of Covid 19 on Extended Ecosystem..How top 50 companies in Automated Optical Inspection System Market are making rapid shifts in their strategies as we speak here...Outside-in view of top 50 companies client and client's clients shifting short-term prioritiesSpeak to Our Analyst to analyse how COVID-19 to analyse how it is impacting your clients and your client’s clients.
(CTA).The global automated optical inspection system market size is estimated to be valued at USD 753 million in 2020 and projected to reach USD 1,583 million by 2025, growing at a CAGR of 16.0% during the forecast period.Major factors fuelling the growth of the market include increasing demand for consumer electronics, rising need for high-quality electronic components, demand for higher productivity by electronics manufacturing services (EMS) companies, and growing demand for AOI systems in automotive electronics.Download Free PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=179056156The market for 3D AOI systems to grow at higher CAGR from 2020—20253D AOI systems can detect faults in PCB substrates as well as defects in the ball grid arrays (BGA), which makes them superior to 2D AOI systems.
Further, the ability to quickly inspect defects in tall components, a significant reduction in false call rates, and the ability to provide volumetric data of components under inspection make 3D AOI systems the ideal choice for electronic manufacturing service (EMS) providers in the coming years.Automotive industry to exhibit the highest growth in automated optical inspection (AOI) system market during the forecast periodThe demand for high-performance electronic components for critical-safety systems of a vehicle such as advanced driver assistance system (ADAS), airbags, and braking systems has increased the use of electronics in automobiles.
Moreover, the implementation of wireless communication technologies such as M2M and connected vehicles has resulted in a rise of electronics components in automobiles.
The use of high-quality electronics has made automotive manufacturers use highly efficient AOI systems to inspect electronics components during the production process.Automated Optical Inspection (AOI) system market in North America to grow at the highest CAGR during the forecast periodNorth America is expected to grow at the highest CAGR in the automated optical inspection (AOI) system market during the forecast period.
The presence of a tech-savvy population with high disposable income and a huge demand for consumer electronics is leading to advancements in PCBs, which further fuel the automated optical inspection (AOI) system market in North America.Request Free Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=179056156Key Market PlayersKoh Young (South Korea), Test Research, Inc. (Taiwan), Omron (Japan), Viscom (Germany), and Saki (Japan) were the major players in the global automated optical inspection (AOI) system market.About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
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.
