Automated Optical Inspection (AOI) Systems - Global Market Trajectory & Analytics

Global Automated Optical Inspection (AOI) Systems Market to Reach $2.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Automated Optical Inspection (AOI) Systems estimated at US$534.9 Million in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 21.3% over the period 2020-2027. 2D AOI Systems, one of the segments analyzed in the report, is projected to record 22.5% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 3D AOI Systems segment is readjusted to a revised 19.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $159.8 Million, While China is Forecast to Grow at 20.7% CAGR

The Automated Optical Inspection (AOI) Systems market in the U.S. is estimated at US$159.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$358.8 Million by the year 2027 trailing a CAGR of 20.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.1% and 17.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR.

Select Competitors (Total 47 Featured):

• Aoi Systems Ltd.
• Camtek Ltd.
• CyberOptics Corporation
• Daiichi Jitsugyo Co., Ltd.
• 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.
• Vi Technology
• Viscom AG