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Automated Optical Inspection System Market By Key Players 2018-2024: AOI Corporation, Camtek, Chroma ATE Inc., CyberOptics, Koh Young Technology, Inc., Mycronic, Nordson Corporation, Omron Industrial Automation Europe, Orbotech
Automated Optical Inspection System Market, By Type
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Global Automated Optical Inspection System Market was valued at over USD 500 million in 2017 and is projected to exceed USD 1 billion by 2024. The rising government concerns and regulations to ensure the quality of electronic components and systems create several AOI systems market growth opportunities. Safe and secure electronic assemblies require high-quality and miniature printed circuit boards that are developed by inspection capabilities. The increasing number of problems, such as device break-ups and slow speed, due to faulty PCB units creates the need for their inspection and testing. In such cases, these systems offer high speed and accuracy to detect the assembly and manufacturing faults.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. AOI Corporation
2. Camtek
3. Chroma ATE Inc.
4. CyberOptics
5. Koh Young Technology, Inc.
6. Mycronic
7. Nordson Corporation
8. Omron Industrial Automation Europe
9. Orbotech
The rework inspection solutions in automated optical inspection systems market will grow at CAGR of nearly 12% due to high demand from PCB manufacturing companies owing to the benefits offered in board separation techniques. The products mainly include rework conveyors that offer the PCB buffering possibilities and detect the failed PCBs in production lines. These systems comprise rework capabilities that are used for the inspection of microelectronics, which are implemented in the automotive electronic systems such as lighting and safety systems. The rework assemblies are associated with the offline rework stations in the machines that review faults at the end of the inspection process. For instance, Inteon offers an AOI rework conveyor that facilitates good/bad PCB separation value-added features such as Omron PLC control system, three-belt segments, and SMEMA compliance.
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3D automated optical inspection systems market will grow at CAGR of around 14% attributed to the benefits such as improved image dimensions and inline detection capabilities. The implementation of these systems offers improved PCB quality over the 2D systems during the manufacturing process. It supports the inspection of miniaturized and complex components, which are deployed in the consumer electronics products. These systems offer the early detection of PCB defects in the assembly process that further assures the production quality.
Several inspection functions combined in a single machine reduces the company’s manufacturing costs and eliminates human intervention. For instance, Mirtec offers its 3D AOI its MV9 Series with five cameras in the 2D/3D options. Inline systems are gaining popularity in the automated optical inspection systems market due to the benefits, such as high flexibility, to detect PCBs during the entire production process and faster detection as compared to the offline systems.
Reflow soldering valued at nearly USD 110 million in 2017 in the automated optical inspection system market is witnessing high demand from the SMT manufacturers, which is attributed to the detection of pre-reflow and post-reflow techniques. This includes the inspection of solder paste and joints in the PCBs and ensures fault detection at every stage. The systems ensure appropriate assembly of SMT with the help of AOI-based reflow soldering. Automotive components require miniaturized and high-quality PCBs with defect-free assemblies. As a result, the reflow soldering applications deploy these systems at pre-reflow and post-reflow stages to ensure high security of the PCB production lines thereby driving AOI system market.
Browse key industry insights spread across 350 pages with 312 market data tables & 31 figures & charts from the report, Automated Optical Inspection (AOI) System Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/automated-optical-inspection-system-market
The North American automated optical inspection systems market is rapidly growing to reach a revenue share of around 30% by 2024, due to the high demand for developed automotive products. The U.S. AOI systems market is witnessing high penetration of several PCB and consumer electronics manufacturers. The increasing concerns for developing high quality and safe electronic components further add to the usage of the inspection machines. The demand is attributed to features of advanced systems such as three-dimensional images, quick fault detection, and analysis of the PCB production lines. Moreover, the growing demand for technically-advanced products in the U.S. due to the presence of awareness among the population accounts for the (AOI) automated optical inspection system market growth.
The Asia Pacific automated optical inspection systems market is expected to witness rapid growth owing to the penetration of several electronic component and device manufacturing companies in China, South Korea, and Japan. The increasing awareness to develop technically advanced and reliable products to support the export business initiatives in these countries is developing the AOI system market growth. The presence of a large number of automobile producers in China is also responsible for the increased consumption of these machines.
The key players operating in the automated optical inspection systems market include AOI Corporation, ASYS Group, Camtek, Chroma ATE Inc., CyberOptics, EBSO, Inc., GOEPEL electronic, Koh Young Technology, Inc., Machine Vision Products, Inc., Manncorp, Marantz Electronics Ltd / Mek Americas LLC / Mek Europe BV, MIRTEC Corp, Mycronic, Nordson Corporation, Omron Industrial Automation Europe, Orbotech, SAKI Europe Gmbh, Test Research Inc. (TRI), Viscom AG, and Vitronics Soltec.
Browse Related Reports: https://www.gminsights.com/industry-analysis/data-center-networking-market
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