Automated Optical Inspection Market by Type (2D, 3D), Application, Industry Vertical

Description

List of Tables

[194 Pages Report] The Automated Optical Inspection Market size was estimated at USD 755.69 million in 2022 and expected to reach USD 894.15 million in 2023, at a CAGR 20.52% to reach USD 3,365.85 million by 2030.

Global Automated Optical Inspection Market

KEY MARKET STATISTICS
Base Year [2022]	USD 755.69 million
Estimated Year [2023]	USD 894.15 million
Forecast Year [2030]	USD 3,365.85 million
CAGR (%)	20.52%

Automated Optical Inspection Market - IMG1

The market for automated optical inspection (AOI) encompasses systems that utilize optical techniques to perform a non-contact inspection of electronic components, printed circuit boards (PCBs), and assemblies to ensure quality control in manufacturing processes. These systems are critical in identifying defects and verifying manufacturing accuracy to improve product quality and yield while reducing waste and costs. The growth of the AOI market is primarily driven by the rising demand for high-quality electronic components and the increasing complexity of PCB designs. Additionally, the shift towards automation and Industry 4.0, stringent quality standards, and the need for higher productivity in electronics manufacturing are contributing to the market's expansion. Despite the growth prospects, certain challenges impede the AOI market's progress. High initial setup costs and the required sophistication in the programming and operation of AOI systems pose barriers to wide-scale adoption. False call rates, whereby the AOI system incorrectly flags a passable component as faulty, can cause unnecessary delays and inspections. Furthermore, the miniaturization of components, growth in electric and autonomous vehicles, and the advent of smart factories present potential expansion areas. Innovations in AOI technology that accommodate flexible circuits and three-dimensional inspections and combine with other inspection technologies, including X-ray, can meet the growing demands for precision and comprehensive inspection processes.

Regional Insights

In the Americas, the AOI market is driven by the growth of the electronic manufacturing sector, particularly in producing semiconductors, aerospace and defense equipment, and automotive electronics. Customers in this region prioritize accuracy and after-sales support when making purchasing decisions. Recent advancements in smart manufacturing and adopting Industry 4.0 standards have accentuated the need for AOI systems. Investments in research and development, such as AI integration in AOI, are significant trends in the Americas. EU countries benefit from a strong industrial base and an emphasis on product quality and safety. The customer purchasing behavior within the EU tends to favor technologically advanced AOI systems that offer compliance with strict industry regulations. The Middle East and Africa (MEA) is gradually evolving, with investments in infrastructure and manufacturing sectors. The region sees demand for AOI in petrochemicals, construction, and increasingly in consumer electronics. Customer needs are often geared towards affordable and robust systems to suit various industrial environments. The Asia-Pacific region, notably China, Japan, and India, represents a significant portion of the global AOI market, driven by the robust growth of electronics manufacturing. In China, government backing, such as the 'Made in China 2025' initiative, strongly supports the development and deployment of AOI. Japan, a pioneer in precision technologies, continues to innovate in AOI systems, focusing on miniaturization and integration. India is showcasing rising demand due to its growing electronics and automotive sectors.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automated Optical Inspection Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automated Optical Inspection Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automated Optical Inspection Market, highlighting leading vendors and their innovative profiles. These include AOI Systems Limited, ASC International, Inc., Ascen Technology, Camtek Ltd., Cicor Management AG, Daiichi Jitsugyo Asia Pte. Ltd., DCB Automation, Delvitech SA, GOPEL Electronic GmbH, Karre GmbH Electronics, Koh Young Technology Inc., Machine Vision Products, Inc., Manncorp Inc., Mek Europe B.V., Mirtec Co., Ltd., Mycronic AB, Nordson Corporation, OMRON Corporation, PARMI Co., Ltd., PEMTRON Corporation, Renesas Electronics Corporation, RioSH Technology, Saki Corporation, SCREEN PE Solutions Co., Ltd., SEHO Systems GmbH, Shenzhen Zhenhuaxing Technology Co., Ltd., STIM Canada Inc., Stratus Vision GmbH, Test Research, Inc., and Viscom AG.

Market Segmentation & Coverage

This research report categorizes the Automated Optical Inspection Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- 2D
- 3D
Application
- Assembly Phase
- Fabrication Phase
Industry Vertical
- Aerospace & Defense
- Automotive
- Consumer Electronics
- Energy & Power
- Industrial
- Medical Devices
- Telecommunications
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automated Optical Inspection Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automated Optical Inspection Market?

3. What are the technology trends and regulatory frameworks in the Automated Optical Inspection Market?

4. What is the market share of the leading vendors in the Automated Optical Inspection Market?

5. Which modes and strategic moves are suitable for entering the Automated Optical Inspection Market?

Product Code: MRR-BB6269D13F61

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Automated Optical Inspection Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing Demand for High-Speed PCBs
  - 5.1.1.2. Rapid Adoption of Consumer Electronics and Portable Devices
  - 5.1.1.3. Increasing Trend of Miniaturization in Electronics & Semiconductor Industry
- 5.1.2. Restraints
  - 5.1.2.1. False Call Rate in AOI and Issues Related to Image Analysis
- 5.1.3. Opportunities
  - 5.1.3.1. Expansion of Telematics and Safety Features in Vehicles
  - 5.1.3.2. Advancements in Automated Optical Inspection
- 5.1.4. Challenges
  - 5.1.4.1. Availability of AOI System Alternatives
5.2. Market Segmentation Analysis
- 5.2.1. Type: Preference towards 3D AOI systems by manufacturers with complex assembly processes
- 5.2.2. Application: Significant adoption of AOI systems for inspection of the PCB
- 5.2.3. Industry Vertical: Growing demand for automated optical inspection from consumer electronics
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter's Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization

6. Automated Optical Inspection Market, by Type

6.1. Introduction
6.2. 2D
6.3. 3D

7. Automated Optical Inspection Market, by Application

7.1. Introduction
7.2. Assembly Phase
7.3. Fabrication Phase

8. Automated Optical Inspection Market, by Industry Vertical

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Consumer Electronics
8.5. Energy & Power
8.6. Industrial
8.7. Medical Devices
8.8. Telecommunications

9. Americas Automated Optical Inspection Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Automated Optical Inspection Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Automated Optical Inspection Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. New Product Launch & Enhancement
  - 12.3.1.1. Mek Launches the SpectorBOX X1: A Revolution in 3D THT Inspection
  - 12.3.1.2. Delvitech Launches Optical Inspection Systems Production Line
- 12.3.2. Award, Recognition, & Expansion
  - 12.3.2.1. OMRON Automation Launches New PoC Lab In India

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. AOI Systems Limited
- 13.1.2. ASC International, Inc.
- 13.1.3. Ascen Technology
- 13.1.4. Camtek Ltd.
- 13.1.5. Cicor Management AG
- 13.1.6. Daiichi Jitsugyo Asia Pte. Ltd.
- 13.1.7. DCB Automation
- 13.1.8. Delvitech SA
- 13.1.9. GOPEL Electronic GmbH
- 13.1.10. Karre GmbH Electronics
- 13.1.11. Koh Young Technology Inc.
- 13.1.12. Machine Vision Products, Inc.
- 13.1.13. Manncorp Inc.
- 13.1.14. Mek Europe B.V.
- 13.1.15. Mirtec Co., Ltd.
- 13.1.16. Mycronic AB
- 13.1.17. Nordson Corporation
- 13.1.18. OMRON Corporation
- 13.1.19. PARMI Co., Ltd.
- 13.1.20. PEMTRON Corporation
- 13.1.21. Renesas Electronics Corporation
- 13.1.22. RioSH Technology
- 13.1.23. Saki Corporation
- 13.1.24. SCREEN PE Solutions Co., Ltd.
- 13.1.25. SEHO Systems GmbH
- 13.1.26. Shenzhen Zhenhuaxing Technology Co., Ltd.
- 13.1.27. STIM Canada Inc.
- 13.1.28. Stratus Vision GmbH
- 13.1.29. Test Research, Inc.
- 13.1.30. Viscom AG
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing