Over the next five years the Offline Automated Optical Inspection (AOI) Equipment market will register an 18.7% CAGR in terms of revenue, the global market size will reach USD 1.52 billion by 2027.
The market for Offline automated optical inspection was valued at USD 587.2 million in 2019; from 2022 to 2027, it is projected to expand at a CAGR of 18.7%. Automated optical inspection is a technique that employs optics to take clear pictures of the printed circuit board in order to find any flaws or differences in how the PCB's components are assembled. The high speed and high volume of production processes have increased the likelihood of errors in the manufacturing and assembly of PCB components, and the fact that the size and density of PCBs have decreased with the miniaturisation of parts has positively impacted the demand for automated optical inspection systems.
To ensure that the product's quality is upheld, AOI systems can identify mistakes in real-time. Additionally, depending on previous data and production statistics, these systems can provide feedback to the operator, increasing the manufacturing process and saving money, time, and labour. These elements are anticipated to enhance AOI system acceptance in the industrial industries and support market expansion.
To ensure safe and effective functioning, automated production and new features in electronic appliances, such as voice recognition, touch displays, Bluetooth, and Wi-Fi connectivity, require well tested printed circuit boards. As a result, manual inspection methods take a lot of time and are responsible for a rising number of flaws in the testing of intricate assemblies, such as a PCB. For application-specific testing and the identification of flaws in PCB component parts, the automated optical inspection system can be used at any point in the production process. Automated optical inspection systems have high-resolution cameras and imaging systems that can take pictures more quickly and detect faults.
The Offline Automated Optical Inspection (AOI) Equipment Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market Koh Young Technology, Omron Corporation, Saki Corporation, Mirtec, Test Research, Viscom, ViTrox Corporation Berhad, Cyberoptics Corporation, Parmi Corp, VI Technology (Mycronic), GÖPEL electronic GmbH, Machine Vision Products (MVP), Mek Marantz Electro and others.
Saki Corporation launches next-generation 3D AOI system
May 24, 2022 – Saki Corporation, an innovator in the field of automated optical and X-ray inspection equipment, has developed the new 3Di series of high-speed, high-precision, next-generation in-line 3D automated optical inspection (3D AOI) systems for complex inspection of high-density printed circuit boards and boards with a combination of very small and tall components. The new 3Di series is equipped with a newly developed camera system that significantly reduces cycle and produces ultra-sharp high-resolution 3D images thanks to its ability to simultaneously and accurately inspect both extremely small parts, such as 008004s (0201 metric), and tall parts at the same time.
Offline Automated Optical Inspection (AOI) Equipment Market provides details by vendors, including company total revenue (financials), company overview, market potential, global presence, his business report briefly talks about market performance of each business sector covering growth factors and sales volume. this analysis provides the This Offline Automated Optical Inspection (AOI) Equipment Market analysis report provides recent trends, granular level data covering market size and share. It provides all the recent updates about CORONA virus and its impact on world economy and human health. By getting this data, key players can obtain profit making and right business opportunities for future growth. Its further guides to increase the product demand and business expansion.
By Type, it is segmented into
By Applications it is segmented into
Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 11.8.
With a market share of 48.1% in 2019, Asia Pacific dominated the offline automated optical inspection market. This is explained by the region's dense population of electronic and printed circuit board makers. Moreover, one of the main reasons that large electronics firms chose to locate their production in this area was the region's low cost of labour. A further factor driving the demand for high-quality electronic components and the expansion of this market is the increased demand for consumer electronics and vehicles in nations like China and India due to rising disposable income.
The Offline Automated Optical Inspection (AOI) Equipment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Offline Automated Optical Inspection (AOI) Equipment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 18.7% during the review period (2022 to 2027). |
By Type |
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By Application |
Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 11.8.
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By Companies
| Koh Young Technology, Omron Corporation, Saki Corporation, Mirtec, Test Research, Viscom, ViTrox Corporation Berhad, Cyberoptics Corporation, Parmi Corp, VI Technology (Mycronic), GÖPEL electronic GmbH, Machine Vision Products (MVP), Mek Marantz Electro
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Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
| 2022 to 2027 |
Number of Pages | 165 |
Customization Available
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Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Offline Automated Optical Inspection (AOI) Equipment Market is studied from 2017 - 2027.
What is the growth rate of Offline Automated Optical Inspection (AOI) Equipment Market?
The Offline Automated Optical Inspection (AOI) Equipment Market is growing at a CAGR of 18.7% over the next 5 years.
Who are the key players in Offline Automated Optical Inspection (AOI) Equipment Market?
Koh Young Technology, Omron Corporation, Saki Corporation, Mirtec, Test Research, Viscom, ViTrox Corporation Berhad, Cyberoptics Corporation, Parmi Corp, VI Technology (Mycronic), GÖPEL electronic GmbH, Machine Vision Products (MVP), Mek Marantz Electro
What region does this Offline Automated Optical Inspection (AOI) Equipment Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Offline Automated Optical Inspection (AOI) Equipment Market?
2D AOI Equipment, 3D AOI Equipment
What are the major end-use applications of Offline Automated Optical Inspection (AOI) Equipment Market?
2D AOI Equipment, 3D AOI Equipment, Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 11.8., PCB, FPD (LCD, OLED, etc.), Semiconductor, Others
SEGMENTATION BY APPLICATION: BREAKDOWN DATA FROM 2016 TO 2021, IN SECTION 2.4; AND FORECAST TO 2026 IN SECTION 11.8.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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