Global Inline Automated Optical Inspection System Market, By Type (3D AOI Systems, 2D AOI Systems), Product (Lighting, Imaging, Data Storage, Printer, Rework), Technology (Screen Printing, Pick and Place, Reflow Soldering, Wave/Selective Soldering), Industry (Consumer Electronics, TelecommunicationsAutomotive, Medical Devices, Aerospace and Defence, Industrial Electronics, Energy and Power) – Industry Trends and Forecast to 2029.
Inline Automated Optical Inspection System Market Analysis and Size
Due to the high speed and volume of production processes, the probability of errors in the manufacturing and assembly of PCB components has increased, and the fact that the size and density of PCBs have decreased with part miniaturisation has positively impacted the demand for automated optical inspection systems.
Data Bridge Market Research analyses that the inline automated optical inspection system market which was growing at a value of 653.21 million in 2021 and is expected to reach the value of USD 2201.29 billion by 2029, at a CAGR of 16.40% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Inline Automated Optical Inspection System Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2014 - 2019) |
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Quantitative Units |
Revenue in USD million, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (3D AOI Systems, 2D AOI Systems), Product (Lighting, Imaging, Data Storage, Printer, Rework), Technology (Screen Printing, Pick and Place, Reflow Soldering, Wave/Selective Soldering), Industry (Consumer Electronics, Telecommunications, Automotive, Medical Devices, Aerospace and Defence, Industrial Electronics, Energy and Power), |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
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Market Players Covered |
SGS S.A. (Switzerland), Bureau Veritas S.A. (France), Intertek Group Plc. (U.K.), Dekra SE (Germany), TÜV SÜD (Germany), TÜV Rheinland Ag Group (U.S.), DNV GL (Norway), British Standards Institution (BSI) (U.K.), Norges Elektriske Materiellkontroll (NEMKO) (Norway), Eurofins Scientific SE (Luxembourg), Applus+ (Spain), TÜV Nord Group (Germany), Mistras Group (U.S.), Lloyd’s Register Group Limited (U.K.), Element Materials Technology Ltd.(U.K.), among others. |
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Opportunities |
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Market Definition
The automated optical inspection system is an important part of a production line because it allows for easy and accurate inspection of electronic assemblies, particularly PCBs, to ensure that the product leaving the production line is of high quality and that it is designed correctly and without manufacturing flaws.
Global Inline Automated Optical Inspection System Market Dynamics
Drivers
- High efficiency and productivity associated with the product
Manual inspection techniques take time and account for an increasing number of defects when inspecting complex assemblies such as a PCB. The automated optical inspection system can be used at any stage of the manufacturing process for application-specific testing and fault detection in PCB components. High-resolution cameras and imaging systems in automated optical inspection systems detect defects and capture images at a faster rate. These systems have a faster response time for detecting and reporting a fault, which can then be corrected immediately. Such advanced features, which are expected to drive the market, help to improve component quality and save time.
- Intervention of advanced technologies
Rising demand for advanced PCBs and surface mounted technology requirements in a variety of machines and devices, including consumer electronics and vehicles, are expected to drive market growth during the forecast period. To meet the manufacturing and safety standards used in their development, technically advanced electronic machines require efficiently tested PCBs. At each stage of the PCB manufacturing process, the market provides application-specific testing and fault detection. Furthermore, increasing global standardizations and regulations to develop safe and well-equipped machines for various industry-specific requirements are fuelling market growth. The machines are increasingly being used in the automotive and electronics industries to meet the increasing demand for dependable PCB-based components.
Opportunities
- High penetration of electric and hybrid vehicles
The increasing number of AOI applications, as well as the increasing use of AOI systems for IC substrate inspection, will create numerous opportunities for the growth of the inline automated optical inspection system market during the forecast period.
Restraints
- High installation cost and lack of awareness
High installation costs, as well as a lack of highly skilled personnel, will be market restraints for the inline automated optical inspection system market during the forecasted period. The lack of public awareness about the benefits of available technology, combined with the increasing demand for sophisticated hardware and software systems, will be the market's most difficult challenge.
This inline automated optical inspection system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the inline automated optical inspection system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Inline Automated Optical Inspection System Market
Market stakeholders faced a number of challenges because of the COVID-19 pandemic,. The temporary shutdown of several electronic component manufacturers' manufacturing facilities in China caused unprecedented disruptions in production, shipments, and the supply chain. This resulted in a six-month delay in the delivery of raw materials and critical components to AOI system integrators. End-user acceptance of advanced technologies such as automated optical inspection was delayed due to the rapid spread of the pandemic and rising financial insecurity. Following the COVID-19 pandemic, the AOI market is expected to benefit from the gradual revival of the electronics industry and stable economic conditions.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Inline Automated Optical Inspection System Market Scope
The inline automated optical inspection system market is segmented on the basis of type, product, technology, and industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- 3D AOI Systems
- 2D AOI Systems
Product
- Lighting
- Imaging
- Data Storage
- Printer
- Rework
Technology
- Screen Printing
- Pick and Place
- Reflow Soldering
- Wave/Selective Soldering
Industry
- Consumer Electronics
- Telecommunications
- Automotive
- Medical Devices
- Aerospace and Defence
- Industrial Electronics
- Energy and Power
Inline Automated Optical Inspection System Market Regional Analysis/Insights
The inline automated optical inspection system market is analysed and market size insights and trends are provided by country, type, product, technology, and industry as referenced above.
The countries covered in the inline automated optical inspection system market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Asia-Pacific is expected to account for the largest share of the inline automated optical inspection system market due to the region's electronics industry developing a world-class revolution-driven hub for production on the back of low-cost capable labour, a business-approachable environment, and low production costs, as well as rising demand for electronic products. This has contributed to the rapid growth of the inline automated optical inspection system market in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Inline Automated Optical Inspection System Market Share Analysis
The inline automated optical inspection system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to inline automated optical inspection system market.
Some of the major players operating in the inline automated optical inspection system market are:
- SGS S.A. (Switzerland)
- Bureau Veritas S.A. (France)
- Intertek Group Plc. (U.K.)
- Dekra SE (Germany)
- TÜV SÜD (Germany)
- TÜV Rheinland Ag Group (U.S.)
- DNV GL (Norway)
- British Standards Institution (BSI) (U.K.)
- Norges Elektriske Materiellkontroll (NEMKO) (Norway)
- Eurofins Scientific SE (Luxembourg)
- Applus+ (Spain)
- TÜV Nord Group (Germany)
- Mistras Group (U.S.)
- Lloyd’s Register Group Limited (U.K.)
- Element Materials Technology Ltd.(U.K.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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