Automated Optical Inspection Market is projected to reach USD 1,660 million by 2026; at a CAGR of 20.8% - PowerPoint PPT Presentation

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Automated Optical Inspection Market is projected to reach USD 1,660 million by 2026; at a CAGR of 20.8%

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Automated Optical Inspection Market was valued at USD 598 million in 2020 and is projected to reach USD 1,660 million by 2026. It is expected to grow at a CAGR of 20.8% during the forecast period. – PowerPoint PPT presentation

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Title: Automated Optical Inspection Market is projected to reach USD 1,660 million by 2026; at a CAGR of 20.8%


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MarketsandMarkets Presents

Automated Optical Inspection Market is projected
to reach USD 1,660 million by 2026 at a CAGR of
20.8 Automated Optical Inspection Market with
COVID-19 Impact Analysis by Type (2D AOI, 3D
AOI), Technology (Inline AOI, Offline AOI),
Industry, Application (Fabrication Phase,
Assembly Phase), Elements of AOI, and Region -
Global Forecast to 2026 https//www.marketsandmar
kets.com/Market-Reports/automated-optical-inspecti
on-system-market-179056156.html
2
According to a research report "Automated Optical
Inspection Market with COVID-19 Impact Analysis
by Type (2D AOI, 3D AOI), Technology (Inline AOI,
Offline AOI), Industry, Application (Fabrication
Phase, Assembly Phase), Elements of AOI, and
Region - Global Forecast to 2026", published by
MarketsandMarkets, the Automated Optical
Inspection Market was valued at USD 598
million in 2020 and is projected to reach USD
1,660 million by 2026. It is expected to grow at
a CAGR of 20.8 during the forecast period. 
Browse 172 market data Tables and 54 Figures
spread through 230 Pages and in-depth TOC
on "Automated Optical Inspection Market with
COVID-19 Impact Analysis - Global Forecast to
2026"
3
3D AOI systems to account for a larger share of
the automated optical inspection market The 3D
AOI system market is expected to be dominant and
faster during the forecast period. Large-scale
manufacturing units primarily make use of 3D AOI
systems. 3D AOI systems have high operational
costs and use complex programming codes for
functioning but are more efficient and sensitive
at detecting defects and faults than 2D AOI
systems. 3D AOI systems can detect faults in PCB
substrates as well as in the ball grid array
(BGA), which makes them superior to 2D AOI
systems. Further, the ability to quickly inspect
defects in tall components, significant reduction
in false call rates, and ability to provide
volumetric data of components under inspection
make 3D AOI systems an ideal choice for
electronic manufacturing service (EMS) providers
in the coming years. Ask PDF Brochure https//ww
w.marketsandmarkets.com/pdfdownloadNew.asp?id1790
56156 Advantages of AOI over other inspection
methods, upsurge in the demand for consumer
electronics amidst pandemic, rising need for
miniature, high-speed PCBs, demand for higher
productivity by electronics manufacturing
services (EMS) companies, and growing demand for
electronics in automotive sector are contributing
to the growth of the automated optical inspection
market. Advent of SMART technology, newer
applications of AOI systems apart from PCB
inspection, and growing demand for AOI systems
for inspection of IC substrates act as a growth
opportunity for the market players.
4
Consumer electronics industry accounted for the
largest share of the automated optical inspection
market in 2020 The consumer electronics segment
is expected to hold the largest share of the AOI
system market during the forecast period. The
miniaturization of electronic gadgets has further
increased the complexity of internal circuits and
components. To efficiently inspect complex PCBs
of small and compact consumer electronic devices,
manufacturers are increasingly using advanced AOI
systems to offer high-quality products to
customers. The trend of having one device with
multiple functionalities has made modern-day
electronic devices such as smartphones, laptops,
and wearables more complex in architecture. The
increased complexity of these devices requires
highly advanced AOI systems for inspection.
Further, with the rise in the adoption of 3D
inspection technology, AOI systems are going to
play a vital role in maintaining the high-quality
standards of these complex consumer electronic
devices. Request Free Sample Pages https//www.m
arketsandmarkets.com/requestsampleNew.asp?id17905
6156 A few of the key players in the automated
optical inspection market are Koh Young (South
Korea), Test Research, Inc. (TRI) (Taiwan), Omron
(Japan), Camtek (Israel), Viscom (Germany), Saki
Corporation (Japan), Nordson (US), KLA (US),
Cyberoptics (US), and Goepel Electronics
(Germany).
5
Asia Pacific to account for the largest share of
the automated optical inspection market by
2026 APAC is the leading region for global PCB
production, with countries such
as China, Taiwan, Japan, and South Korea at the
forefront. The increase in high-volume
manufacturing of PCBs creates a demand for AOI
systems with faster inspection speed. The APAC
electronics industry has become a world-class
innovation-driven hub for production as a result
of low-priced skilled labor, business-friendly
environment, low production cost, and growing
demand for electronic products in the region. The
growth in the electronics industry has enabled
the APAC AOI market to grow at a significant
rate. Automated optical inspection (AOI) is an
automated visual inspection methodology used
primarily to test for defects in printed circuit
boards (PCBs). These systems are used to test and
evaluate PCBs for potential detection of defects
such as soldering defects, component defects,
ball grid array (BGA), surface defects,
dimensional defects, component placement defects,
and chip-scale packaging (CSP) defects. With the
advent of miniature electronics and advancements
in PCBs, the circuits become more complex, which
makes it almost impossible to manually inspect
the boards, and thus, AOI plays an important role
in checking these boards. It helps attain the
desired product quality in the production line by
keeping the cost as low as possible. The system
is superior and less time-consuming than manual
inspection.
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7
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INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/automated-optical-inspection-system.asp
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