The global automated optical inspection market was valued at USD 0.567 billion in 2020 and is expected to reach USD 2.153 billion with a CAGR of 21% during the forecast period, 2021-2027. The increasing use of Automated optical inspection, rising Inline automated optical inspection technology, and advancements in automated optical inspection technology are the major factors restoring the growth of the global automated optical inspection market. Furthermore, the growing demand for high-quality printed circuit boards used in default-free application equipment is among the key factors likely over the forecast period to drive the global market’s growth for automated optical inspection.
Automated optical inspection is an important technology used to manufacture and inspect electronic or printed circuit boards. Automated optical inspection allows you to quickly and accurately inspect electronic assemblies, especially circuit boards, to ensure that your products are of high quality, free of manufacturing defects and that your items are manufactured correctly. Automated optical inspection is generally used in the production method because it is a non-contact test technique. The automated optical inspection can help sense any errors in the production line, and inspection can be proficient in real-time and consistent inspection results. Automated optical inspection systems offer several advantages such as growing accuracy and enhanced quality of production line, decrease in manpower and labor costs.
An important consideration that drives the growth of the automated optical inspection market is the growing preference for high-quality printed circuit boards used in default-free application equipment. Automated optical inspection systems offer many benefits, including reduced labor and labor costs and increased throughput per machine. In addition, improving the accuracy and consistency of inspection reports and reducing errors are many benefits that the Automated optical information (AOI) system offers. Furthermore, Automated optical inspection allowed for quick and accurate inspection of electronic assemblies and specially printed circuit boards to ensure the best quality of product coming out of the production line and manufactured product. Precisely without any defects in the manufacturing process.
The emergence of self-monitoring, analysis and reporting technology has an innovative technological landscape. Smart technology is gradually observing extensive adoption from smart equipment like laptops, smartwatches, and smartphones to even larger applications in smart plants and homes. Smart devices are connected by Bluetooth or the internet and controlled by a remote. Furthermore, Miniaturization of automated optical inspection systems and printed circuit boards for automobile electronic devices. With the increasing complexity of circuit boards, manual inspection has become a viable option and has driven the growth of the automated optical inspection market.
False calls are the most important factor when considering an image-based automated optical inspection (AOI) system. Image-based automated optical inspection AOI systems use images to isolate defective components from good components. At the same time, the system primarily relies on operators to capture these images and feed them into the database. Misclassified images may be included in the image database, making parameter optimization impossible.
Automated optical inspection systems are detected errors in real-time to confirm that the quality of the product is maintained. Automated optical inspection systems also offer feedback to the operator based on the production statistics and historical data, which helps increase the production process, saving money and time. Such factors increase the adoption of automated optical inspection systems in the production industries. The growing demand for consumer electronics, rising automation in healthcare, the necessity for high-quality electronic components that create AOI system, a requirement in the aerospace & defense industry, and demand for higher production by electronics industrial services industries has raised the growth of the automated optical inspection market across the globe.
In a typical COVID 19 situation, the global automated optical inspection (AOI) systems market affects significant supply chains and demand-side challenges. The global automated optical inspection market growth is expected to slow as pandemics limit the supply and deployment of hardware components such as sensors in many applications and the serious disruptions in business and the global economy. The lack of raw materials and commodities enhances the uncertainty for the automated optical inspection systems market. The manufacturing facilities of the electronics component have been halted due to the slowing logistics and the absence of the workforce across the world.
There will be substantial growth in the automated optical inspection market during the forecast period. The covid pandemic has positively impacted the automated optical inspection industry. With the COVID19 pandemic, the world has made a major shift to work and adaptation. As a result, consumers have worked hard to invest more in technology upgrades for smartphones, PCs, screens, cameras, and even devices such as smart coffee makers and advanced foot massagers. As a result, the demand for innovative home appliances is also increasing, the demand for growth in the automated optical inspection market in the coming years.
The global Automated Optical Inspection market is categorized into 2D automated optical inspection systems and 3D automated optical inspection systems based on the Type. The 3D automated optical inspection system segment holds the largest market share in 2020 and is expected to grow significantly during the forecast period, 2021-2027. The segment’s growth is attributed to the growing use of 3D Automated Optical inspection systems to detect faults in printed circuit boards. Significant manufacturing units mainly make use of 3D automated optical inspection systems. 3D automated optical inspection systems have high operational costs and use complex programming codes for functioning but are more sensitive and efficient at detecting defects than 2D automated optical inspection systems.
Based on the Technology, the global automated optical inspection market is categorized into Inline automated optical inspection (AOI) and Offline automated optical inspection (AOI). The inline automated optical inspection segment that accounted for the highest market in 2020 will likely generate a sizeable revenue during the forecast period, 2021-2027. The segment’s growth is attributed to the demand for inline automated optical inspection. Inline automated optical inspection technology has several advantages like a high inspection speed, reduction in misjudgment, and lesser debugging.
Based on the Industry Vertical, the global automated optical inspection market is segregated into Consumer Electronics, Aerospace & Defense, Energy & Power, Industrial Electronics, Automotive, Medical Devices, Others. The Consumer Electronics segment captured the largest market share in 2020 and is expected to create maximum profit during the forecast period, 2021-2027. Due to various advanced features in smartphones and home appliances, which require high-end printed circuit boards to support the functioning of these devices. The miniaturization of electronic gadgets has further increased the complexity of internal circuits and components. To efficiently inspect the Printed circuit boards of small and compact home appliances, manufacturers are increasingly using advanced (AOI) systems to provide their customers with high-quality products.
The global Automated Optical Inspection market is characterized by North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific has the largest market in 2020 and is estimated to grow significantly during the forecast period, 2021-2027. This growth is concerned with the growing semiconductor demand from countries such as India, China, and Japan, which is likely to drive the market’s growth. Moreover, due to the penetration of many electronic components and equipment manufacturers, the Asia Pacific is projected to accelerate the regional market.
Companies include GOPEL Electronic GmbH, Nordson Corporation, OMRON Corporation, Viscom AG, Test Research Inc, Camtek Ltd., Smart Vision Corporation, Saki Corporation, CyberOptics, Daiichi Jitsugyo Asia Pte. Ltd., KOH Young Technology Inc, Mirtec Co. Ltd. are the key players in the global biometric system market.
Key Stakeholders
| Report Attribute | Details |
|---|---|
| Market Size Value in 2020 | USD 2.25 Billion |
| The revenue forecast in 2027 | USD 2.153 Billion |
| Growth Rate | CAGR of 21.00% from 2020 to 2027. |
| Historical data | 2017-2019 |
| Forecast period | 2021 – 2027 |
| Region covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
| Key companies Profiled | Busch Vacuum Solutions, Flowserve Corporation, Atlas Copco, Ingersoll Rand, Tsurumi Manufacturing Co., Ltd, DEKKER Vacuum Technologies, Inc., Vooner, Graham Corporation, Cutes Corp., Zibo Zhaohan Vacuum Pump Co., Ltd, OMEL, PPI Pumps Pvt. Ltd., Samson Pumps, Others Prominent Players in the global liquid ring vacuum pumps market. |
By Type
By Technology
By Industry Vertical
By Region
forecast for Post Covid
Automated optical inspection is an important technology used to manufacture and inspect electronic or printed circuit boards. Automated optical inspection is generally used in the production method because it is a non-contact test technique.
The global biometric system market is expected to grow with a CAGR of 21.00%, in value terms, over the forecast period 2020-2027 and is expected to reach USD 2.153 billion by 2027.
An important consideration that drives the growth of the automated optical inspection market is the growing preference for high-quality printed circuit boards used in default-free application equipment.
The coronavirus will affect the global availability of automated optical inspection devices, ultimately depending on how the situation stabilizes internationally and when full-capacity factories begin working—additionally, an increase in demand for innovative home appliances. As a result, the demand for growth in the automated optical inspection market has increased during the pandemic.
In March 2021, Viscom developed the S3016 ultra–automated optical inspection (AOI) system. The new Heavy Flex handling solution for optical inline 3D inspection
Asia-Pacific captured the largest market share in 2020 and is estimated to grow significantly during the forecast period, 2021-2027.
Companies include Gospel Electronic GmbH, Nordson Corporation, OMRON Corporation, Viscom AG, Test Research Inc, Camtek Ltd., Smart Vision Corporation, Saki Corporation, CyberOptics, Daiichi Jitsugyo Asia Pte. Ltd., KOH Young Technology Inc, Mirtec Co. Ltd. are the key players in the automated optics information market.
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