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Growth Opportunities for Automated Optical Inspection (AOI) System Market

Major factors fuelling the growth of the market include increasing demand for consumer electronics, rising need for high-quality electronic components, demand for higher productivity by electronics manufacturing services (EMS) companies, and growing demand for AOI systems in automotive electronics.

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Growth Opportunities for Automated Optical Inspection (AOI) System Market

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  1. MarketsandMarkets Presents Growth Opportunities for Automated Optical Inspection (AOI) System Market Automated Optical Inspection (AOI) System Market by Type (2D AOI, 3D AOI), Technology (Inline AOI, Offline AOI), Industry (Consumer Electronics, Telecommunications, Automotive, Medical Devices, Aerospace & Defense) and Region - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/automated-optical-inspection-system-market-179056156.html

  2. The global automated optical inspection system market size is estimated to be valued at USD 753 million in 2020 and projected to reach USD 1,583 million by 2025, growing at a CAGR of 16.0% during the forecast period. Major factors fuelling the growth of the market include increasing demand for consumer electronics, rising need for high-quality electronic components, demand for higher productivity by electronics manufacturing services (EMS) companies, and growing demand for AOI systems in automotive electronics. Browse in-depth TOC on "Automated Optical Inspection System Market" 67 – Tables 47 – Figures 145 – Pages

  3. The market for 3D AOI systems to grow at higher CAGR from 2020—2025 3D AOI systems can detect faults in PCB substrates as well as defects in the ball grid arrays (BGA), which makes them superior to 2D AOI systems. Further, the ability to quickly inspect defects in tall components, a significant reduction in false call rates, and the ability to provide volumetric data of components under inspection make 3D AOI systems the ideal choice for electronic manufacturing service (EMS) providers in the coming years. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=179056156 Automotive industry to exhibit the highest growth in automated optical inspection (AOI) system market during the forecast period The demand for high-performance electronic components for critical-safety systems of a vehicle such as advanced driver assistance system (ADAS), airbags, and braking systems has increased the use of electronics in automobiles. Moreover, the implementation of wireless communication technologies such as M2M and connected vehicles has resulted in a rise of electronics components in automobiles. The use of high-quality electronics has made automotive manufacturers use highly efficient AOI systems to inspect electronics components during the production process.

  4. Automated Optical Inspection (AOI) system market in North America to grow at the highest CAGR during the forecast period North America is expected to grow at the highest CAGR in the automated optical inspection (AOI) system market during the forecast period. The presence of a tech-savvy population with high disposable income and a huge demand for consumer electronics is leading to advancements in PCBs, which further fuel the automated optical inspection (AOI) system market in North America. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=179056156 Key Market Players Koh Young (South Korea), Test Research, Inc. (Taiwan), Omron (Japan), Viscom (Germany), and Saki (Japan) were the major players in the global automated optical inspection (AOI) system market.

  5. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  6. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/automated-optical-inspection-system.asp

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