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Automated Optical Inspection System Market by Type (2D AOI Systems, 3D AOI Systems), Technology (Inline AOI, Offline AOI), Industry (Consumer Electronics, Telecommunications, Automotive, Medical Devices), and Region – Global Forecast to 2024

Automated Optical Inspection System Market by Type (2D AOI Systems, 3D AOI Systems), Technology (Inline AOI, Offline AOI), Industry (Consumer Electronics, Telecommunications, Automotive, Medical Devices), and Region – Global Forecast to 2024

“Automated optical inspection system market to exhibit significant growth during 2018–2024”
The automated optical inspection (AOI) system market is estimated to grow from USD 444 million by 2018 to USD 1,641.0 million by 2024, at a CAGR of 24.3% during 2018–2024. The key factors driving the growth of the market include growing demand for consumer electronics, increasing need for high-quality electronic components, and demand for higher productivity by electronics manufacturing services (EMS) companies. However, the high cost of AOI systems and the false call rate of image-based AOI systems are the key restraining factors for the market growth.

“3D AOI system providers to witness high growth potential during forecast period”
The market for 3D AOI systems is expected to grow at a higher CAGR from 2018 to 2024. 3D AOI has emerged as a viable technology for the detection of a variety of manufacturing defects. Increasing demand for high-quality products, proliferation of electronics in the automotive industry, and computer-aided design (CAD) and computer-aided manufacturing (CAM) are the key growth drivers for the 3D AOI system market. The main advantage of 3D AOI system is its ability to efficiently inspect height-sensitive devices and provide true volumetric measurement data as well. Moreover, their ability to overcome the limitations of conventional 2D inspection systems is one of the main factors contributing to the increasing demand for 3D inspection systems.

“Market for Inline AOI to grow at higher CAGR during forecast period“
The AOI system market for inline AOI is estimated to grow at a higher CAGR from 2018 to 2024. Inline AOI systems offer high flexibility to electronic component manufacturers as they can work as a part of production lines and are more suitable for inspecting components on a fast-moving production line. The automated functionality of inline AOI systems further helps in accelerating the inspection process. Further, the inline AOI systems identify the defects quickly, thereby enabling the AOI operators to immediately seize the production of inaccurate boards, which helps prevent the bulk production of inaccurate boards.

“AOI system market for automotive expected to grow at the highest rate during the forecast period”
The AOI system market for the automotive industry is expected to grow at the highest CAGR from 2018 to 2024. The demand for high-performance electronic components for critical safety systems of vehicles, such as advanced driver assistance systems (ADAS), airbags, and braking systems, has resulted in increased use of electronics in automobiles. Moreover, the implementation of wireless communication technologies such as M2M and connected vehicles has resulted in the surge in adoption of electronics components in automobiles. The increased use of high-quality electronics has propelled automotive manufacturers to use highly efficient AOI systems to inspect electronics components during the production process.

“APAC to be largest market for AOI systems during forecast period”
APAC is expected to lead the AOI system market, in terms of size, from 2018 to 2024. The growth of the market in this region is attributed to the presence of several leading producers of electronic components—such as China, Japan, and South Korea—in the world. Supportive government policies to promote domestic manufacturing have also helped the region to lead the AOI system market. For instance, in February 2018, the municipal government of Chongqing, Tsinghua Unigroup (China), and Sino IC Capital (China) entered a strategic agreement to set up an integrated circuit (IC) investment firm with a capital of USD 15.80 billion. The joint venture will invest up to USD 100 billion in IC manufacturing bases of Tsinghua Unigroup in the next 10 years. Such strategic initiatives in the electronics manufacturing sector are expected to further fuel the growth of the AOI system market in China. In July 2018, the Korean government announced its plan to invest USD 1.34 billion in the next 10 years to support the development of next-generation semiconductor technology. The investment will help Korean companies, such as Samsung and SK Hynix, to enhance their semiconductor manufacturing capabilities.

Break-up of the profile of primary participants for the report is given below:
By Company Type – Tier 1 – 40%, Tier 2 – 35% and Tier 3 – 25%
By Designation – C level – 35%, Director level – 40%, Manager level – 25%
By Region – North America - 20%, Europe – 35%, APAC – 40%, RoW – 5%

The key players in the market include Koh Young (South Korea), Test Research, Inc. (Taiwan), Omron (Japan), Mirtec (South Korea), Viscom (Germany), Camtek (Israel), CyberOptics (US), Daiichi Jitsugyo (Japan), Nordson (US), Orbotech (Israel), GOEPEL Electronic (Germany), Marantz Electronics (Netherlands), Machine Vision Products (US), Saki (Japan), and Vi Technology (France).

The global AOI system market has been segmented on the basis of type, technology, industry, and geography. The market based on type has been segmented into 2D AOI systems and 3D AOI systems. On the basis of technology, the AOI system market has been split into inline AOI and offline AOI. The industries that are included in the study of AOI system market include consumer electronics, telecommunications, automotive, medical devices, aerospace & defense, industrial electronics, and energy & power. The AOI system market is segmented into 4 regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Reasons to buy the report:
Illustrative segmentation, analysis, and forecast for markets based on type, technology, industry, and region have been conducted to give an overall view of the AOI system market.
The value chain analysis has been performed to provide an in-depth insight into the AOI system market.
Major drivers, restraints, opportunities, and challenges for the AOI system market have been detailed in this report.
The report includes a detailed competitive landscape along with key players, in-depth analysis, and revenue of key players.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • DEFINITION
    • STUDY SCOPE
      • MARKET COVERED
      • YEARS CONSIDERED
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES FOR AOI SYSTEM MARKET GROWTH DURING 2018-2024
    • AOI SYSTEM MARKET, BY TYPE
    • AOI SYSTEM MARKET, BY TECHNOLOGY
    • AOI SYSTEM MARKET, BY INDUSTRY & REGION
    • AOI SYSTEM MARKET, BY GEOGRAPHY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • REGULATIONS AND STANDARDS IN ELECTRONIC MANUFACTURING
      • RESTRICTION OF HAZARDOUS SUBSTANCE (ROHS)
      • WASTE OF ELECTRONIC AND ELECTRICAL EQUIPMENT (WEEE)
      • EUROPEAN CONFORMITY (CE)
      • ELECTRONIC COMPONENTS INDUSTRY ASSOCIATION (ECIA)
  • ELEMENTS OF THE AOI SYSTEM
    • INTRODUCTION
    • ELEMENTS OF AOI SYSTEM
      • CAMERA SYSTEM
      • LIGHTING SYSTEM
      • COMPUTER SYSTEMS
      • SOFTWARE
    • DEFECT DETECTION PROCESS
      • IMAGE COMPARISON
      • ALGORITHM-BASED DETECTION
    • TYPES OF PCBS USED FOR DEFECT DETECTION
      • SINGLE-SIDED PCB
      • DOUBLE-SIDED PCB
      • MULTILAYER PCB
      • HIGH-DENSITY INTERCONNECT (HDI) BOARD
      • FLEXIBLE PCB
      • RIGID FLEXIBLE PCB
      • IC SUBSTRATE
  • AUTOMATED OPTICAL INSPECTION SYSTEM MARKET, BY TYPE
    • INTRODUCTION
      • Table AOI SYSTEM MARKET IN TERMS OF VALUE AND VOLUME, 2015-2024
      • Table AOI SYSTEM MARKET, BY TYPE, 2015-2024 (USD MILLION)
      • Table AOI SYSTEM MARKET, BY TYPE, 2015-2024 (THOUSAND UNITS)
    • 2D AOI SYSTEMS
      • ADVANTAGES OF 2D AOI SYSTEMS
      • DISADVANTAGES OF 2D AOI SYSTEMS
        • Table 2D AOI SYSTEM MARKET, BY INDUSTRY, 2015-2024 (USD MILLION)
        • Table 2D AOI SYSTEM MARKET, BY REGION, 2015-2024 (USD MILLION)
    • 3D AOI SYSTEMS
      • METHODOLOGIES OF 3D AOI INSPECTION
      • ADVANTAGES OF 3D AOI SYSTEMS
      • DISADVANTAGES OF 3D AOI SYSTEMS
        • Table 3D AOI SYSTEM MARKET, BY INDUSTRY, 2015-2024 (USD MILLION)
        • Table 3D AOI SYSTEM MARKET, BY REGION, 2015-2024 (USD MILLION)
  • AUTOMATED OPTICAL INSPECTION SYSTEM MARKET, BY TECHNOLOGY
    • INTRODUCTION
    • INLINE AOI
      • SCREEN PRINTING
      • PICK AND PLACE
      • REFLOW SOLDERING
      • WAVE/SELECTIVE SOLDERING
    • OFFLINE AOI
      • Table AOI SYSTEM MARKET, BY TECHNOLOGY, 2015-2024 (USD MILLION)
  • AUTOMATED OPTICAL INSPECTION SYSTEM MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table AOI SYSTEM MARKET, BY INDUSTRY, 2015-2024 (USD MILLION)
    • CONSUMER ELECTRONICS
      • RISING DEMAND FOR SMART GADGETS DRIVES AOI SYSTEM MARKET
        • Table AOI SYSTEM MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2015-2024 (USD MILLION)
        • Table AOI SYSTEM MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2015-2024 (USD MILLION)
    • TELECOMMUNICATIONS
      • EMERGING WIRELESS COMMUNICATION TECHNOLOGIES CONTRIBUTE TO GROWTH OF AOI SYSTEM MARKET
        • Table AOI SYSTEM MARKET FOR TELECOMMUNICATIONS, BY TYPE, 2015-2024 (USD MILLION)
        • Table AOI SYSTEM MARKET FOR TELECOMMUNICATIONS, BY REGION, 2015-2024 (USD MILLION)
    • AUTOMOTIVE
      • INCREASING USE OF AUTOMOTIVE ELECTRONICS FUELS DEMAND FOR AOI SYSTEMS
        • Table AOI SYSTEM MARKET FOR AUTOMOTIVE, BY TYPE, 2015-2024 (USD MILLION)
        • Table AOI SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2015-2024 (USD MILLION)
    • MEDICAL DEVICES
      • GROWING AUTOMATION IN HEALTHCARE OPEN NEW MARKET OPPORTUNITIES FOR AOI SYSTEM PROVIDERS
        • Table AOI SYSTEM MARKET FOR MEDICAL DEVICES, BY TYPE, 2015-2024 (USD MILLION)
        • Table AOI SYSTEM MARKET FOR MEDICAL DEVICES, BY REGION, 2015-2024 (USD MILLION)
    • AEROSPACE & DEFENSE
      • NEED FOR HIGH QUALITY ELECTRONIC COMPONENTS MAKES AOI SYSTEM A NECESSITY IN AEROSPACE & DEFENSE INDUSTRY
        • Table AOI SYSTEM MARKET FOR AEROSPACE AND DEFENSE, BY TYPE, 2015-2024 (USD MILLION)
        • Table AOI SYSTEM MARKET FOR AEROSPACE AND DEFENSE, BY REGION, 2015-2024 (USD MILLION)
    • INDUSTRIAL ELECTRONICS
      • INCREASING INDUSTRIAL DIGITIZATION EXPECTED TO FUEL AOI SYSTEM MARKET GROWTH
        • Table AOI SYSTEM MARKET FOR INDUSTRIAL ELECTRONICS, BY TYPE, 2015-2024 (USD MILLION)
        • Table AOI SYSTEM MARKET FOR INDUSTRIAL ELECTRONICS, BY REGION, 2015-2024 (USD MILLION)
    • ENERGY & POWER
      • MODERNIZATION OF ENERGY INFRASTRUCTURE TO BOOST DEMAND AOI SYSTEM
        • Table AOI SYSTEM MARKET FOR ENERGY AND POWER, BY TYPE, 2015-2024 (USD MILLION)
        • Table AOI SYSTEM MARKET FOR ENERGY AND POWER, BY REGION, 2015-2024 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table AOI SYSTEM MARKET, BY REGION, 2015-2024 (USD MILLION)
    • NORTH AMERICA
      • Table AOI SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2024 (USD MILLION)
      • US
      • CANADA
      • MEXICO
        • Table AOI SYSTEM MARKET IN NORTH AMERICA, BY TYPE, 2015-2024 (USD MILLION)
    • EUROPE
      • Table AOI SYSTEM MARKET IN EUROPE, BY TYPE, 2015-2024 (USD MILLION)
      • Table AOI SYSTEM MARKET IN EUROPE, BY COUNTRY, 2015-2024 (USD MILLION)
      • UK
      • FRANCE
      • GERMANY
      • REST OF EUROPE
    • APAC
      • Table AOI SYSTEM MARKET IN APAC, BY TYPE, 2015-2024 (USD MILLION)
      • Table AOI SYSTEM MARKET IN APAC, BY COUNTRY, 2015-2024 (USD MILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • REST OF APAC
    • ROW
      • Table AOI SYSTEM MARKET IN ROW, BY TYPE, 2015-2024 (USD MILLION)
      • Table AOI SYSTEM MARKET IN ROW, BY REGION, 2015-2024 (USD MILLION)
      • MIDDLE EAST
      • AFRICA
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS FOR AOI SYSTEM MANUFACTURERS
    • COMPETITIVE LEADERSHIP MAPPING, 2017
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • COMPETITIVE SITUATIONS AND TRENDS
      • PRODUCT LAUNCHES AND DEVELOPMENTS
        • Table PRODUCT LAUNCHES AND DEVELOPMENTS (2016-2018)
      • CONTRACTS
        • Table CONTRACTS (2016-2018)
      • AGREEMENTS AND PARTNERSHIPS
        • Table AGREEMENTS AND PARTNERSHIPS (2016-2018)
      • EXPANSIONS
        • Table EXPANSIONS (2016-2018)
  • COMPANY PROFILES
    • KEY PLAYERS
      • KOH YOUNG
      • MIRTEC
      • OMRON
      • TEST RESEARCH, INC. (TRI)
      • VISCOM
      • CAMTEK
      • CYBEROPTICS
      • DAIICHI JITSUGYO (DJK)
      • NORDSON
      • ORBOTECH
      • GOEPEL ELECTRONIC
      • MARANTZ ELECTRONICS
      • MACHINE VISION PRODUCTS
      • SAKI
      • VI TECHNOLOGY
    • OTHER KEY PLAYERS
      • AOI SYSTEMS
      • DCB AUTOMATION
      • PEMTRON
      • PARMI
      • STRATUS VISION
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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