Press release
Why the Automated Optical Inspection System Market Is Set to Explode? | Global Players are AOI Corporation, Camtek, Chroma ATE Inc., CyberOptics, Koh Young Technology, Inc., Mycronic, Nordson Corporation, Omron Industrial Automation Europe, Orbotech
Global automated optical inspection system market share is anticipated to witness remarkable growth prospects in the forthcoming years owing to the technological developments in optical inspection mechanisms including 3D inspection methods. Extremely defined product images and larger inspection areas are the benefits associated with the adoption of the product.Surging demand for advanced PCBs and surface mount technology in various automobile machines and electronic devices is steering innovations and development in the field. With rising cases of defects and faults in PCB parts, printer products are gaining widespread popularity.
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The need to eliminate deviations from the specifications has led to the need to inspect prints on several PCBs. Many leading industry players have developed efficient printer based AOI mechanisms that may be used to examine the printing faults on PCBs and enhancing the production line in an efficient manner.
Increasing disposable income among people in developed and developing nations has led to demand and innovations in consumer electronics industry. There is mounting requirement of PCBs in consumer electronics such as smartphones, printers, laptops, monitors, among others. OEMs use these machines to examine production line errors and remove them before final assembly which will lead to enhanced manufacturing efficiency.
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
Moreover, the automotive sector will witness popularity owing to the deployment of SMT in all major automobile electronics and associated systems. Automobile industry uses automated machines to provide defect-free and superior quality automobile components, fueling AOI system industry size.
2D automated optical inspection systems have witnessed notable demand due to cost-effectiveness, improved integration with the manufacturing and assembly lines. Low cost of systems provides low initial investment benefits to the PCB manufactures and relatively lower cost of maintenance.
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With respect to geographical expansion, Europe is anticipated to evolve as profitable revenue terrain for automated optical inspection market size. Increasing penetration of automotive manufacturers in the region owing to robust demand is positively influencing the automated optical inspection systems statistics.
Countries such as Switzerland and Germany are showcasing a high demand for automotive electronic items for use in premium and passenger cars. The aforementioned factors along with high purchasing power to spend on efficient and automated products will fuel Europe automated optical inspection systems market expansion.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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