Global Automated Optical Inspection System Market Analysis
The Global Automated Optical Inspection System market was valued at USD 471.63 Million in 2017 and is projected to reach USD 1.65 billion by 2025, growing at a CAGR of 17.0% from 2018 to 2025.
What is Automated Optical Inspection System?
Automated optical inspection is defined as technique that used in the manufacturing and testing of electronics printed circuit boards, Polychlorinated biphenyls (PCBs). This process enables fast and accurate inspection of electronic assemblies and in particular PCBs. It helps in determining if there is any missing parts, short circuits and poor solder joints. It ensure that the quality of product leaving the production line is high and the items are built correctly and without any manufacturing faults. Automated optical inspection is considered as a reliable inspection processes for printed circuit boards (PCBs) in a vast majority of electronics goods manufacturing industries. Strong technology penetration in the consumer electronics sector is fueling the growth of global automated optical inspection system market.
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Global Automated Optical Inspection System Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Miniaturization of electronic components & PCBs, growing demand for high-quality products proliferation of electronics in the automotive sector have been driving the global automated optical inspection system market. On the other hand, false call rate of image-based AOI systems and high machinery cost for automated optical inspection might hinder the overall growth at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Automated Optical Inspection System Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Automated Optical Inspection System Market Competitive Landscape
The “Global Automated Optical Inspection System Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Daiichi Jitsugyo CO., LTD., GÖPEL electronic GmbH, GSI Group, Inc., Cyber Optics (U.S.), Omron Corporation, Zhejiang Ovi Technology Co., Ltd, LDC technology Inc. and Shenzhen JT Automation Equipment Co., Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Global Automated Optical Inspection System Market Segmentation, by Type
2D AOI Systems
• 3D AOI Systems
Global Automated Optical Inspection System Market Segmentation, by Technology
• In-Circuit Test
• Joint Test Action Group (JTAG)
• Automated X-Ray Inspection
• Surface-Mount Technology
• Functional Testing
Global Automated Optical Inspection System Market Segmentation, by Application
• Aerospace & Defense
• Consumer Electronics
Global Automated Optical Inspection System Market Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World
Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automated Optical Inspection System market
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– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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