Using optics, automated optical inspection obtains high-quality images of a printed circuit board in order to detect any fault or anomaly in the PCB component assembly. The possibility of errors in the manufacture and assembly of PCB parts has increased due to the high speed and volume of manufacturing processes, and the fact that the size and complexity of PCBs has decreased due to part miniaturisation has boosted the automated optical inspection market.

Automated Optical Inspection Market Scope:

This market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimisation, market share, the impact of domestic and localised market players, emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographic expansion. Please contact Stellar Market Research for an Analyst Brief for more information on the Automated Optical Inspection market; our specialists will aid you in making an informed market choice to achieve market growth.

Automated Optical Inspection Market Overview: 

The Automated Optical Inspection Market competitive landscape extracts information from a competitor. The facts include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market initiatives, geographical presence, firm strengths and weaknesses, product introduction, product width and breadth, and application dominance. The preceding data points are only relevant to the firms' concentrate on the Automated Optical Inspection market.

Automated Optical Inspection Market Size was valued nearly US$ 595.72 Mn. in 2020 and is estimated to grow at a CAGR of 15.76 % and is expected to reach at US$ 1659.85 Mn. by 2027.

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Automated Optical Inspection Market Segmentation: 

Type, at a CAGR of 16.23% throughout the projection period. This is because the 3D system can provide volumetric height information for components on a printed circuit board. The laser technology utilised in 3D AOI systems detects co-planarity defects that are ignored during 2D examination. Furthermore, 3D AOI devices generate a thorough high-resolution image of the components on a printed circuit board, eliminating the need for human inspection. As a result of these factors and continuous advancements, the use of 3D AOI systems is projected to increase.

Based on technology, the Inline AOI System segment accounted for 69% of the automated optical inspection market in 2020 and is predicted to grow at the fastest CAGR of 17.45%. This is owing to these systems' ability to inspect a large number of manufactured printed circuit boards in a short period of time. An inline AOI system can help each stage of the production process by allowing for a thorough assessment of printed circuit board components for requirements and faults. The inline gadget scans both sides of printed circuit boards, reducing the requirement for manual board flipping.

Geographically, the Asia-Pacific Automated Optical Inspection Market dominated with a 47.10% market in 2020 because to the presence of a large number of electronics and printed circuit board manufacturers in APAC. Furthermore, the low cost of labour is one of the fundamental factors that has driven large electronics manufacturers to establish their production operations in this region. Furthermore, rising disposable income in China and India has increased demand for consumer electronics and autos, driving demand for high-quality electronic components and contributing to market growth.

Key Players: 

KOH YOUNG TECHNOLOGY
TEST RESEARCH
OMRON
VISCOM
AKI CORPORATION
NORDSON
KLA
CAMTEK
CYBEROPTICS
GOEPEL ELECTRONIC
MIRTEC
MARANTZ ELECTRONICS
MACHINE VISION PRODUCTS
MYCRONIC AB (VI TECHNOLOGY)
AOI SYSTEMS
DCB AUTOMATION
PEMTRON
PARMI
STRATUS VISION
ASC INTERNATIONAL
MANNCORP
ASCEN TECHNOLOGY
SCREEN PE SOLUTIONS
AOI VISION PTE
SEHO SYSTEMS

Regional Analysis:

Individual market influencing aspects and changes in legislation in the market that effect existing and future market trends are also included in the regional component of the research. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are only a few of the indicators used to forecast the market scenario for various countries.

COVID-19 Market Impact Analysis:

The research also addresses the impact of COVID-19 on the Automated Optical Inspection  market.The fundamental purpose of this study is to help the user understand the market in terms of definition, segmentation, market potential, significant trends, and industry challenges across 10 key regions. The study provides a micro and macroeconomic analysis of the total impact of COVID-19 on the Automated Optical Inspection Market. The detailed report focuses on market share and size, which clearly demonstrates the influence that the pandemic has had and will have on the worldwide Health Insurance Market in the next few years.

Key Questions Answered in the Automated Optical Inspection Market Report are: 

• What will be the CAGR of the Automated Optical Inspection market during the forecast period (2021-2027)?
• Which segment emerged as the leading segment in the Automated Optical Inspection market?
• Which are the prominent players in the Automated Optical Inspection market?
• What key trends are likely to emerge in the Automated Optical Inspection market in the forecast period?
• What will be the Automated Optical Inspection  market size by 2027?
• Which company held the largest share in the Automated Optical Inspection market in 2020?

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About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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