Global Inline Automated Optical Inspection Market Size By Product (Desktop, Freestanding), By Application (Electronics, Medical), By Geographic Scope And Forecast
Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Inline Automated Optical Inspection Market Size By Product (Desktop, Freestanding), By Application (Electronics, Medical), By Geographic Scope And Forecast
Inline Automated Optical Inspection Market Size And Forecast
Inline Automated Optical Inspection Market size was valued at USD 1 Billion in 2022 and is projected to reach USD 4.05 Billion by 2030, growing at a CAGR of 19.34% from 2023 to 2030.
The increased demand for high-quality electronic components and cumulative demand for consumer electronics is boosting the market. The increasing complexity of PCBs is the main factor in driving the growth of the Inline Automated Optical Inspection Market. The latest technological advancements will foster market growth. The Global Inline Automated Optical Inspection Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Inline Automated Optical Inspection Market Definition
Automated optical inspection (AOI) is an automated visual inspection method of using optics to capture images of a PCB to see if components are missing. They are of two types online and offline. The inline AOI systems are an important part of the manufacturing workstation process. This technology comprises software and hardware component. Inline AOI systems can capture various types of videos and pictures from a different angle. The camera autonomously scans the device under test for both catastrophic failure and quality defects. This system uses two basic algorithm groups to detect components and soldering defects.
An inline automated optical inspection system is assimilated into the assembly line to recognize the errors and emerging process trends of product manufacturing. The inline AOI products are generally desktop-type or freestanding. The benefits include quick inspection of defects in tall components and speed up the inspection process. These are predominantly used in consumer electronics such as PCBs. The inline AOI systems find extensive applications in telecommunications, automotive, medical devices, aerospace & defense industries.
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Global Inline Automated Optical Inspection Market Overview
The growing demand for inline AOI for fast and accurate inspection of the printed circuit board and electronic assemblies without manufacturing faults is driving the market. The increased demand for high-quality electronic components and cumulative demand for consumer electronics is boosting the market. The increasing complexity of PCBs is the main factor in driving the growth of the Inline Automated Optical Inspection Market. Moreover, the latest technological advancements in medical equipment and new product development will propel the market for the forecast period.
Furthermore, the installation of fully automatic different types of small and large electronic circuit boards in aircraft manufacturing, increasing demand for high-quality products, and in automotive applications, different types of adoption and innovation of new technologies in smart product technology are the driving factors that positively anticipate rising global Inline Automated Optical Inspection Market. There are certain restraints and challenges faced which will hinder the overall market growth.
The primary restraint on the market’s expansion is the high installation cost of inline AOI systems and the demand for highly skilled labor. The demand is further constrained by the false call rate of image-based AOI systems and the availability of superior inspection technology as a replacement. The inline automated optical inspection market is hampered by additional reasons like consumer ignorance about current technology advancements in the inline AOI ecosystem.
Global Inline Automated Optical Inspection MarketSegmentation Analysis
The Global Inline Automated Optical Inspection Market is segmented on the basis of Product, Application, And Geography.
Inline Automated Optical Inspection Market, By Product
- Desktop
- Freestanding
Based on Product, The market is bifurcated into Desktop and Freestanding. The segment of desktops holds the largest market share as compared to freestanding systems, Desktops are frequently smaller and lighter, making it simpler to incorporate them into a manufacturing line and move them around as needed.
In the electronics sector, where manufacturing lines can be congested and floor space is at a premium, this is especially crucial. Owing to their simpler manufacturing processes and need for fewer components than freestanding systems, they are frequently more affordable. For manufacturers, who are constantly searching for ways to cut costs and boost efficiency, this is a crucial factor.
Inline Automated Optical Inspection Market, By Application
- Electronics
- Medical
- Automobile
- Others
Based on Application, The market is bifurcated into Electronics, Medical, Automobile, and Others. The Electronics segment is estimated to witness the highest CAGR for the forecast period. The factors can be attributed to the installation of AOI systems in automotive electronics, the need for high-quality Electronic components, and the rising demand for higher productivity by Electronics Manufacturing Services (EMS) companies that have fostered the acceptance of the Electronics segment.
Inline Automated Optical Inspection Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
On the basis of Regional Analysis, The Global Inline Automated Optical Inspection Market is classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia-Pacific holds the largest market share with countries such as China, Taiwan, Japan, and South Korea. The increase in the high-volume manufacturing of PCBs creates a demand for AOI systems with faster inspection speed. The increasing awareness to develop technically advanced and reliable products, changing consumer needs in the smart electronic product segment, and rise in the miniaturization of electronics systems will boost the market in the APAC region.
Key Players
The “Global Inline Automated Optical Inspection Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Mek, JUTZE Intelligence Technology, Nordson, Viscom, GÖPEL Electronic, Saki Corporation, OMRON, Test Research, Stratus Vision, Optima, AOI Systems, Smart Vision Corporation, CHROMA ATE, Mirtec, and Others
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into 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.
Key Developments
- In January 2023, Saki Corporation introduced a new option for its most current 3Di series of next-generation in-line 3D automated optical inspection (3D-AOI) machinerya high-speed camera head with an optical resolution of 15 m. Leading manufacturers of automated optical and X-ray inspection equipment include Saki Corporation. The quickest cycle time for high-performance quality inspection on the market was achieved with this camera head.
- In August 2020, Koh Young and Mentor, a Siemens business, collaborated to create a better programming solution that advances the printed circuit board assembly sector.
- Viscom and PCB Technologies formed a cooperation in April 2020 to sell a variety of products in the AOI and AXI sectors. Viscom and PCB agreed to work closely together on product marketing and customer service.
Report Scope
Report Attributes | Details |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2023-2030 |
Historical Period | 2019-2021 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Mek, JUTZE Intelligence Technology, Nordson, Viscom, GÖPEL Electronic, Saki Corporation, OMRON, Test Research, Stratus Vision, Optima, AOI Systems, Smart Vision Corporation, CHROMA ATE, Mirtec. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
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