Global Automated Optical Inspection System Market (2021-2026) by Type, Technology, Industry, Component, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Automated Optical Inspection System Market is estimated to be USD 824 Mn in 2021 and is expected to reach USD 1686.4 Mn by 2026, growing at a CAGR of 15.4%.



Market Dynamics

The factor which directly impacts the growth of the automated optical inspection market is the elevated demand for advanced efficiency by electronics manufacturing services (EMS) companies. The mounting demand for high-quality electronic machinery and the growing demand for automated optical inspection systems in automotive electronics are certainly affecting the market's growth. The excessive mandate for eminence and miniaturized products and the growing demand for consumer electronics further drives the market growth. Due to the advent of smart machinery, the automated optical inspection market is likely to enlarge. New claims for automated optical inspection systems separately from PCB inspection and escalating demand for the inspection of IC alternates will further satisfy abundant new prospects that will control the growth of the market.

The effortless accessibility of improved inspection skills as a substitute, absence of alertness regarding recent technical advances in the AOI network, and high fixing cost of AOI systems hampers the growth of the market.

Market Segmentation

The Global Automated Optical Inspection System Market is segmented further based on Type, Technology, Industry, Component, and Geography.

By Type, the market is classified as 2D AOI systems and 3D AOI systems. Amongst the two, the 3D AOI systems segment is estimated to hold the highest market share during the forecast period.

By Technology, the market is classified as inline AOI and offline AOI. Amongst the two, the inline AOI segment is estimated to hold the highest market share during the forecast period.

By Industry, the market is classified as consumer electronics, automotive & transportation, medical devices, aerospace & defense, industrial electronics, energy & power, and telecommunication. Amongst all, the aerospace & defense segment is estimated to hold the highest market share during the forecast period.

By Component, the market is classified as camera system, computer system, lighting system, and software. Amongst all, the software segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Mek Launches MekCare, a Portfolio of AOI & SPI Support, Maintenance Services. - 31st March 2021.
2. Goepel electronic introduces affordable 3D AOI systems. - 24th June 2020.

Company Profiles

Some of the companies covered in this report are Aoi Systems Ltd., Camtek Ltd., CyberOptics Corporation, Daiichi Jitsugyo Co., Ltd, Gopel Electronic GmbH, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Automated Optical Inspection System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains a competitive analysis using the Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market