Visiongain Publishes Automated Optical Inspection (AOI) Systems Market Report to 2031
13 May 2021
Visiongain has published a new report on Automated Optical Inspection (AOI) Systems Market Report to 2031: Forecasts by type (2D AOI Systems, 3D AOI Systems), by technology (Inline AOI, Offline AOI), by industry vertical (Medical Devices, Automotive, Aerospace & Defense, Consumer Electronics, Industrial Electronics, Others). PLUS Profiles of Leading Automated Optical Inspection Systems Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios
Automated optical inspection systems market was valued at US$ xx billion in 2020 and is projected to reach at a market value of US$ xx billion by 2031. Automated optical inspection is the automated system method which utilizes optics to obtain high-quality images and enables a fast and an accurate inspection of the electronics assembly. Moreover, automatic optical inspection ensures the quality of a product impending out of production line and detects correctly built without any manufacturing faults. Furthermore, it is applicable in applies different techniques for fault detection in the printed circuit board.
Factors such as surge in demand for consumer electronics and advent of surface mount technology are some of the major factors driving the market growth. On the contrary, technological advancement and growing application of automated optical inspection are becoming major factors expected to create lucrative opportunities to the market in the upcoming years.
COVID-19 Impact on Automated Optical Inspection Systems Market
During this time when the COVID-19 pandemic as crippled several industries such as manufacturing, automotive, and others. Due to unavailability of workforce, jolted business operations & halt in manufacturing operations drastically affected the automated optical inspection systems. However, the market is anticipated to exhibit remarkable growth rate in the future, owing to increase in demand for automated optical inspection systems across industry verticals.
Surge in demand for consumer electronics
Increasing demand for consumer electronics which resulting into rising need for high-quality electronic components and higher productivity by electronics manufacturing services (EMS) companies are becoming major growth factors to AOI systems market.
Advent of surface mount technology
With an initiation surface mount technology which further helps in the reduction of size in the printed circuit board. In addition, increasing complexity of the printed circuit boards has led to massive growth of the automated optical inspection systems market. Moreover, surge in preference for high quality printed circuit boards used in the devices is becoming another factor propelling the market growth.
2D AOI Systems & 3D AOI Systems are the two major technologies in the automated optical inspection systems market and is growing tremendously with several innovations in the market. Moreover, advancement in technologies provides several features such as detecting the most complicated defects, inspection of volumetric aspects of devices mounted on a printed circuit boards (PCB), and are equipped with multiple ultra-high-resolution cameras. These major benefits in the technologies are adopted by several industry vertical, which as a result anticipated to create lucrative opportunities to the automated optical inspection systems market.
Growing application of automated optical inspection
The industries are experience huge requirements for automated checking, locating, and finalizing products during the manufacturing process. This growing need of automated optical inspection system application is expected to provide an immense growth opportunities to the key players in the market. In addition, to expand existing products and boost investment planning are becoming major factors to foster in the automated optical inspection systems market growth in the upcoming years.
Some of the companies profiled in the report include Camtek Ltd., CyberOptics, Daiichi Jitsugyo Asia Pte. Ltd., Goepel Electronic GmbH, Koh Young Technology Inc., MIRTEC CO., LTD., Nordson Corporation, Saki Corporation, Test Research, Inc., and Viscom.
In March 2020, YESTECH, which is a leading supplier of automated optical has announced a launch of new LX-1000 large area Automated Optical Inspection system. In addition, it is a large area automated optical inspection system which offers high-speed PCB assemblies inspection, inspecting solder joints & verifying correct part assembly, and enabling users to improve quality and increase throughput.
In November 2020, Industrial Vision Systems (IVS), which is a supplier of inspection machines to several industry has launched a range of new optical sorting machines. In addition, this new product is specifically designed for the high-speed sorting of small components such as plastic parts, washers, nuts fasteners, rings, and micro components.
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