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By 2030, the global automated optical inspection market is projected to be worth $5,148.9M. This represents a CAGR of 20.5% between 2023 and 2030.
The electronic assembly industry, for example, can benefit greatly from the use of automated optical inspection (AOI), a type of industrial technology. Automated optical inspection systems use visual methods for examining and monitoring a wide variety of products and production processes. These systems use AI, pattern recognition, machine learning, or visual inspection software to find flaws in the product. Electronics, semiconductor production, the auto industry, and others all make extensive use of it. To ensure product quality, increase worker efficiency, and lessen the likelihood of faulty items entering the market, AOI is an essential tool in modern manufacturing. Electronic parts, printed circuit boards, and anything else that requires a high level of precision rely heavily on it. In today's factories, automated optical inspection systems are employed at every stage of production, not only at the end. The value of a product that is known to have defects can be kept from rising with the help of early problem detection. Significant cost savings and increased output may arise from this. Demand from sectors like consumer electronics, automotive, aerospace & military, medical devices, and telecommunications has contributed to the rapid expansion of the automated optical inspection industry. Significant trends driving the growth of the AOI market include the rising acceptance of the Internet of Things (IoT), the increasing integration of electronics into the automotive industry, the miniaturisation of electronic tools, and the rising expectations of end users for superior quality.
Influential Elements
Increased demand for AOI systems can be attributed to the growing importance of PCBs in modern electronics, which in turn has been fueled by the expansion of industries including consumer electronics, automotive electronics, and information technology. Improved capacity utilisation and lower production costs are the results of AOI's help in lowering the cost of physical inspections and cutting down on human errors. As nanotechnology develops, smaller, higher-density printed circuit boards (PCBs) are used to manufacture electronic components. The ball grid array (BGA) gap causes many PCB problems and tends to close as PCB dimensions get smaller. These issues cannot be detected with 100% accuracy with manual inspection. Therefore, the use of AOI devices for IC substrate flaw detection is becoming increasingly popular. Since AOI systems are easily integrated into fully automated manufacturing processes and provide instantaneous information for optimising processes, their use has been accelerated by the worldwide push towards automation and the application of Industry 4.0 techniques in manufacturing facilities.
Factors That Hold It Back
These systems are expected to present competition to the automated optical inspection market due to the availability of superior inspection technologies. In addition, high call volumes hinder machine performance and lead to faulty inspection results.
Insights into Type
The revenue portion of the market that is expected to go to 2D automated optical inspection is the largest.
The global automated optical inspection market is split into the 2D and 3D automated optical inspection submarkets, respectively, based on product type. Due to the lower price and simpler programming of 2D AOI systems, this subsegment is expected to maintain a larger revenue share of the market than any other over the projected period. There have been several developments in the software and hardware of 2D AOI systems over the years, allowing for quicker picture collection and shorter inspection processing cycles. In addition, the camera, illumination, and optics used in 2D systems allow for flexible examination, as both large and small components on a PCB can be examined simultaneously.
Insights on Technology
The inline market is expected to expand at a high rate of compound annual growth rate throughout the projection horizon.
The global automated optical inspection market may be broken down into two distinct submarkets—inline and offline—based on the technologies used. The inline category, in particular, is expected to expand at a rapid clip over the next years. Printed circuit board components can be inspected thoroughly for both design and faults using the inline AOI system, which can be implemented at any stage of production. Scan both sides of printed circuit boards with minimal manual flipping using the inline device. It is anticipated that the use of these devices will increase as a result of the introduction of inline AOI systems, which enable a dependable inspection approach that does not disturb production.
Industry Analysis by Application Area
Over the course of the projection period, the IT & telecom sector will have generated more than 57.2% of total revenues.
The global automated optical inspection market is broken down by application into the following categories: information technology and telecommunications, consumer electronics, automobiles, industrial electronics, aerospace and military, healthcare, and others. The IT & telecom sector is expected to maintain its lead over the other segments, with the highest revenue share of 57.2% during the projection period. This is because of the growing importance of information technology and the expansion of global telecommunications networks, both of which rely heavily on printed circuit boards. Because of the importance of using reliable electronic components in telecom applications, the AOI system has found significant use in this sector. This includes the production of routers, servers, satellite systems, communication devices, broadcasting systems, telecom towers, and LED displays and indicators. It is anticipated that the automotive sector would experience the highest CAGR during the forecast period. The demand for high-quality, long-lasting electrical components to enhance vehicle safety is driving the industry forward.
Report Coverage
Global Automated Optical Inspection research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automated Optical Inspection report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automated Optical Inspection competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automated Optical Inspection market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automated Optical Inspection market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automated Optical Inspection market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Camtek Ltd. (Israel), Nordson Corporation (U.S.), Orbotech Ltd. (Israel), Saki Corporation (Japan), CyberOptics Corporation (U.S.), Daiichi Jitsugyo Co., Ltd. (Japan), Test Research Inc. (Taiwan), Viscom AG (Germany), AOI Systems (U.K), Goepel Electronic GmbH (Germany), Machine Vision Products (U.S.), Mirtec Corporation (U.S.), and Vi Technology (France), Koh Young, Omron Corporation, GOPEL Electronic GmbH.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automated Optical Inspection market based on the below-mentioned segments:
Global Automated Optical Inspection Market, By Type
2D AOI
3D AOI
Global Automated Optical Inspection market, By Technology
Inline
Offline
Global Automated Optical Inspection Market, By End User
IT & Telecom
Consumer Electronics
Automotive
Industrial Electronics
Aerospace & Defence
Medical
Others
Global Automated Optical Inspection market, Regional Analysis
The electronic assembly industry, for example, can benefit greatly from the use of automated optical inspection (AOI), a type of industrial technology. Automated optical inspection systems use visual methods for examining and monitoring a wide variety of products and production processes. These systems use AI, pattern recognition, machine learning, or visual inspection software to find flaws in the product. Electronics, semiconductor production, the auto industry, and others all make extensive use of it. To ensure product quality, increase worker efficiency, and lessen the likelihood of faulty items entering the market, AOI is an essential tool in modern manufacturing. Electronic parts, printed circuit boards, and anything else that requires a high level of precision rely heavily on it. In today's factories, automated optical inspection systems are employed at every stage of production, not only at the end. The value of a product that is known to have defects can be kept from rising with the help of early problem detection. Significant cost savings and increased output may arise from this. Demand from sectors like consumer electronics, automotive, aerospace & military, medical devices, and telecommunications has contributed to the rapid expansion of the automated optical inspection industry. Significant trends driving the growth of the AOI market include the rising acceptance of the Internet of Things (IoT), the increasing integration of electronics into the automotive industry, the miniaturisation of electronic tools, and the rising expectations of end users for superior quality.
Influential Elements
Increased demand for AOI systems can be attributed to the growing importance of PCBs in modern electronics, which in turn has been fueled by the expansion of industries including consumer electronics, automotive electronics, and information technology. Improved capacity utilisation and lower production costs are the results of AOI's help in lowering the cost of physical inspections and cutting down on human errors. As nanotechnology develops, smaller, higher-density printed circuit boards (PCBs) are used to manufacture electronic components. The ball grid array (BGA) gap causes many PCB problems and tends to close as PCB dimensions get smaller. These issues cannot be detected with 100% accuracy with manual inspection. Therefore, the use of AOI devices for IC substrate flaw detection is becoming increasingly popular. Since AOI systems are easily integrated into fully automated manufacturing processes and provide instantaneous information for optimising processes, their use has been accelerated by the worldwide push towards automation and the application of Industry 4.0 techniques in manufacturing facilities.
Factors That Hold It Back
These systems are expected to present competition to the automated optical inspection market due to the availability of superior inspection technologies. In addition, high call volumes hinder machine performance and lead to faulty inspection results.
Insights into Type
The revenue portion of the market that is expected to go to 2D automated optical inspection is the largest.
The global automated optical inspection market is split into the 2D and 3D automated optical inspection submarkets, respectively, based on product type. Due to the lower price and simpler programming of 2D AOI systems, this subsegment is expected to maintain a larger revenue share of the market than any other over the projected period. There have been several developments in the software and hardware of 2D AOI systems over the years, allowing for quicker picture collection and shorter inspection processing cycles. In addition, the camera, illumination, and optics used in 2D systems allow for flexible examination, as both large and small components on a PCB can be examined simultaneously.
Insights on Technology
The inline market is expected to expand at a high rate of compound annual growth rate throughout the projection horizon.
The global automated optical inspection market may be broken down into two distinct submarkets—inline and offline—based on the technologies used. The inline category, in particular, is expected to expand at a rapid clip over the next years. Printed circuit board components can be inspected thoroughly for both design and faults using the inline AOI system, which can be implemented at any stage of production. Scan both sides of printed circuit boards with minimal manual flipping using the inline device. It is anticipated that the use of these devices will increase as a result of the introduction of inline AOI systems, which enable a dependable inspection approach that does not disturb production.
Industry Analysis by Application Area
Over the course of the projection period, the IT & telecom sector will have generated more than 57.2% of total revenues.
The global automated optical inspection market is broken down by application into the following categories: information technology and telecommunications, consumer electronics, automobiles, industrial electronics, aerospace and military, healthcare, and others. The IT & telecom sector is expected to maintain its lead over the other segments, with the highest revenue share of 57.2% during the projection period. This is because of the growing importance of information technology and the expansion of global telecommunications networks, both of which rely heavily on printed circuit boards. Because of the importance of using reliable electronic components in telecom applications, the AOI system has found significant use in this sector. This includes the production of routers, servers, satellite systems, communication devices, broadcasting systems, telecom towers, and LED displays and indicators. It is anticipated that the automotive sector would experience the highest CAGR during the forecast period. The demand for high-quality, long-lasting electrical components to enhance vehicle safety is driving the industry forward.
Report Coverage
Global Automated Optical Inspection research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automated Optical Inspection report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automated Optical Inspection competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automated Optical Inspection market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Camtek Ltd. (Israel), Nordson Corporation (U.S.), Orbotech Ltd. (Israel), Saki Corporation (Japan), CyberOptics Corporation (U.S.), Daiichi Jitsugyo Co., Ltd. (Japan), Test Research Inc. (Taiwan), Viscom AG (Germany), AOI Systems (U.K), Goepel Electronic GmbH (Germany), Machine Vision Products (U.S.), Mirtec Corporation (U.S.), and Vi Technology (France), Koh Young, Omron Corporation, GOPEL Electronic GmbH. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Automated Optical Inspection Market from 2021 to 2030.
- Market Forecast for Automated Optical Inspection Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Automated Optical Inspection competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Automated Optical Inspection
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automated Optical Inspection market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automated Optical Inspection market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Camtek Ltd. (Israel), Nordson Corporation (U.S.), Orbotech Ltd. (Israel), Saki Corporation (Japan), CyberOptics Corporation (U.S.), Daiichi Jitsugyo Co., Ltd. (Japan), Test Research Inc. (Taiwan), Viscom AG (Germany), AOI Systems (U.K), Goepel Electronic GmbH (Germany), Machine Vision Products (U.S.), Mirtec Corporation (U.S.), and Vi Technology (France), Koh Young, Omron Corporation, GOPEL Electronic GmbH.
Primary Target Market
- Market Players of Automated Optical Inspection
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automated Optical Inspection market based on the below-mentioned segments:
Global Automated Optical Inspection Market, By Type
2D AOI
3D AOI
Global Automated Optical Inspection market, By Technology
Inline
Offline
Global Automated Optical Inspection Market, By End User
IT & Telecom
Consumer Electronics
Automotive
Industrial Electronics
Aerospace & Defence
Medical
Others
Global Automated Optical Inspection market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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