Automated Optical Inspection Equipment Market Forecasts from 2023 to 2028

The automated optical inspection equipment market is expected to grow at a CAGR of 7.68% to reach a market size of US$1,923.691 million by 2028.

To maintain the product's quality, AOI systems can detect mistakes in real-time. Additionally, depending on previous data and production statistics, these systems can offer operator feedback, which enhances the process of production and reduces costs, labor, and time. These factors should hasten the use of AOI systems in factories and boost market growth. 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.

MARKET DRIVERS:

Increasing use for inspection purposes to drive the demand for automated optical inspection

Drones gather data more than 50 times faster than traditional methods. Due to the scale of most solar farms, a drone equipped with a sufficient thermal camera can scan the whole structure more quickly than someone on the ground using a hand-held thermal camera. Manual inspections of turbines are conducted, either by climbing or by capturing distant pictures. Dangers can be eliminated by using drone evaluations rather than manual inspections that require climbing. The procedure of gathering data on the ground lacks the precision that a drone offers which increases the automated optical inspection equipment market size.

High demand for 3D AOI system

Most larger production units employ 3D AOI systems. Although 3D AOI systems are more expensive to operate and require complex program codes to function, they are more accurate and sensitive to errors than 2D AOI systems. Because they can detect defects on PCB substrates and ball grid arrays (BGA), 3D AOI systems are better than 2D AOI systems. In the upcoming years, 3D AOI systems will become a good option for EMS providers due to their speedy fault detection in lengthy sections, a significant reduction in false call rates, and their capacity to supply volume data for sub-test components.

High demand for consumer electronics to aid in the market expansion.

Electronic gadgets' underlying circuitry and component complexity have become even more sophisticated because of their miniaturization. Manufacturers are increasingly employing cutting-edge AOI systems to efficiently check the intricate PCB of small and compact electronic devices and components to deliver high-quality products to customers. It is exceedingly challenging to build current electronic devices because it is common practice to have a single device with numerous purposes. Additionally, AOI systems will be crucial in upholding high-quality standards for these complicated consumer electronics gadgets as 3D test technology is increasingly adopted, which increases the automated optical inspection equipment market size.

Rising use of smart technology

Smartphones, wearables, laptops, and even greater uses in smart homes and industries are all examples of how smart technology is rapidly expanding in usage. The term "smart technology" refers to a broad category of technologies, including the Internet of Things (IoT) and smart linked devices. The Internet of Things (IoT) uses sensors, machines, software, internet connections, analytics, and apps to bring static physical objects to life. These modern, automated devices bring a lot of value and are scalable and automated. Smart-connected devices can offer a customized experience, but they require a remote to operate.

MARKET RESTRAINTS:

Lack of skilled labor projected to threaten market lucrativeness.

While the future growth of the automated optical inspection market could be threatened by the simple availability of superior inspection technology as a substitute and a lack of knowledge about recent technological advancements in the AOI ecosystem, the high installation cost of AOI systems and the need for highly skilled personnel are currently acting as major restraints on the development of automated optical inspection market throughout the forecast period.

Asia Pacific is projected to be a significant marketplace for automated optical inspection equipment.

The Asia Pacific region is anticipated to lead the automated optical inspection equipment market during the projected period. This is because there are numerous local and electronic printed circuit board producers. Additionally, one of the primary reasons driving big electronics firms to produce in the area is the area's low cost of labor. Additionally, the growing need for consumer electronics and automobiles in nations like China and India has raised the need for these products, fueling the desire for high-tech consumer goods and boosting the industry. Due to increased innovation and technological advancements across all production sectors in the area, North America holds the second-largest market share.

Market Key Developments

• In January 2023, the industrial control business, Nanotronics, unveiled nSpec PRISM, their most recent photoluminescence technology. In place of destructive testing techniques like KOH etching, the newest addition to the Nanotronics product line provides a comprehensive solution for SiC frontend wafer fabrication from unpolished SiC base to epitaxy and device manufacturing. The system has a specialization in combining gearbox and PL microscopy for large-volume inspection of SiC killer defects such as micropipes and dislocations.
• In May 2022, Saki Corporation, a leader in the industry, created the new 3Di collection of high-speed, high-precision, futuristic consistent 3D automated optical inspection systems. of computerized optical and X-ray inspection equipment, for complex examination of high-density circuit boards and boards with several very small and tall components. The most advanced automated inspection device by Saki is perfect for inspecting high-density PCB technology and aids in increasing production and quality control.
• In July 2021, The YRi-V 3D hybrid automated optical inspection (AOI) system, which combines both high speed and high precision in operation, was introduced by Yamaha Motor Co., Ltd for high-end industries mounting electronic components. The YSi-V 3D hybrid AOI system, which combines 2D inspection, 3D inspection, and a 4-direction angle camera in a single device, is the most popular model. The YRi-V was created as a more expensive variant of this system. The YRi-V achieves the quickest inspection speed in the industry by utilizing a newly built inspection head outfitted with a high-speed, excellent-quality camera, an upgraded 3D projector, a high-performance GPU, and more.

Segmentation:

By Type

• 2D AOI SYSTEM
• 3D AOI SYSTEM

By Technology

• Inline
• Offline

By Application

• Fabrication Phase
• Assembly Phase

By Industry Vertical

• Consumer Electronics
• Telecommunication
• Automotive
• Aerospace and Defense
• Industrial Electronics
• Energy & Power
• Others

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Indonesia
• Thailand
• Others