Global Automated Optical Inspection System Market
Global Automated Optical Inspection System Market was valued at USD 530.41 million in 2020 which is expected to reach USD 1,808.40 million by 2027
Automated optical inspection system is a part of production line as it allows accurate and fast inspection of electronic assemblies and in particular, PCBs, clarify that the quality of product leaving the production line is high and items are build correctly and without manufacturing fault.
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Factors surrounding the market and affecting its movement are studied in detail in the report, allowing for a comprehensive understanding of the market’s likely growth trajectory of the market in view of the economic factors affecting its dynamics. PORTER’s five forces analysis is performed in the report in order to understand the effect of various economic drivers on the Automated Optical Inspection System market over the forecast period. Key factors likely to affect the market’s dynamics in the coming years are profiled in detail in the report, to allow readers a complete understanding of the major obstacles standing in their way in the Automated Optical Inspection System Market.
Increase in demand for advanced PCBs and surface mounted technology requirements in several machines and devices like consumer electronics, and vehicles which expected to boost the global automated optical inspection system market growth. Furthermore, increase in the trend of automation in manufacturing electronic components like circuit boards, and sensors will positively influence the market growth. Also, rise in standardization and regulations across the world to develop safe and well-equipped machines for various industry- specific requirements will propel the global automated optical inspection system market growth during this forecast period.
However, high installation cost and false call rate image based AOI systems are major challenging factors which are expected to hinder the global automated optical inspection system market growth during this analysis period.
Market Key Players
Various key players are discussed in this report such as CyberOptics, Daiichi Jitsugyo Asia Pte. Ltd., GOPEL electronic GmbH, KOH YOUNG TECHNOLOGY Inc., MIRTEC CO., LTD., Nordson Corporation, OMRON Corporation, Saki Corporation, Test Research, Inc., and Viscom AG
• 2D AOI
• 3D AOI
• IT& Telecomm
• Consumer Electronics
• Industrial Electronics
• Aerospace & Defense
• North America
• Latin America
• Asia Pacific
• Middle East & Africa
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