Automated Optical Inspection Systems Market Size Worth $1.7 Billion By 2026 - KBV Research

NEW YORK - Aug. 18, 2020 - PRLog -- According to a new report Global Automated Optical Inspection Systems Market, published by KBV research, The Global Automated Optical Inspection Systems Market size is expected to reach $1.7 billion by 2026, rising at a market growth of 20.4% CAGR during the forecast period.

The segment for Inline AOI accounted for the majority of the share and is projected to expand at the fastest CAGR in the forecast period. Inline AOI applications are capable of detecting intricate errors in order to ensure optimal efficiency in industrial environments. Inline technologies in automatic optical inspection systems deliver a range of benefits, such as lower debugging time, higher inspection speed, minimized technology misconception, and much more.

In terms of revenues, the 2D AOI segment dominated the market in 2019. The dominance can be associated with the reduced cost and simplicity of programming when using the 2D AOI method. The 3D AOI market is predicted to expand at the fastest CAGR over the forecast period. It is due to the functionality of the 3D system, which will include detail on the volumetric height of the elements on the printed circuit board. The 3D AOI systems are fitted with a laser technology that allows better detection of co-planarity defects that are not detected during 2D inspection.

Asia Pacific led the market for automated optical inspection systems due to the existence in the region of a large number of suppliers of electronics and printed circuit boards. In addition, low labor costs have been one of the main factors in pushing major electronics manufacturers to conduct manufacturing activities in this region.

Global Automated Optical Inspection Systems Market Segmentation

By Type

• 2D AOI
• 3D AOI

By Technology

• Online
• Offline

By Vertical

• IT & Telecom
• Electronics
• Healthcare & Social Assistance
• Automotive
• Aerospace & Defense
• Others

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Omron Corporation
• Viscom AG
• Test Research, Inc.
• Nordson Corporation
• Koh Young Technology, Inc.
• CyberOptics Corporation
• Daiichi Jitsugyo Co., Ltd. (Daiichi Jitsugyo Asia Pte. Ltd.)
• Gopel Electronic GmbH
• MIRTEC Co., Ltd.
• Saki Corporation

Structural Insights: https://www.kbvresearch.com/automated-optical-inspection-systems-market/