PUBLISHER: Meticulous Research | PRODUCT CODE: 1576478
PUBLISHER: Meticulous Research | PRODUCT CODE: 1576478
Automated Optical Inspection Systems Market by Offering (Software, Hardware), Type (2D AOI, 3D AOI), Deployment (In-line AOI, Off-line AOI), End-use Industry (Electronics & Semiconductors, Healthcare), and Geography-Global Forecast to 2031.
The research report titled 'Automated Optical Inspection Systems Market by Offering (Software, Hardware), Type (2D AOI, 3D AOI), Deployment (In-line AOI, Off-line AOI), End-use Industry (Electronics & Semiconductors, Healthcare), and Geography-Global Forecast to 2031' provides an in-depth analysis of automated optical inspection systems market in five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.
The automated optical inspection systems market is projected to reach $3.4 billion by 2031, at a CAGR of 19.5% from 2024 to 2031.
The growth of the automated optical inspection systems market is driven by the growing demand for high-quality products with minimal defects and reliable functionality and the rising demand for 3D AOI solutions. However, the false call rate of image-based AOI systems restrains the growth of this market. Furthermore, the growing demand for AOI systems for inspection of IC substrates is expected to generate growth opportunities for the players operating in this market. However, the requirement of highly skilled personnel is a major challenge impacting market growth. Additionally, the growing integration of artificial intelligence and machine learning for defect detection is the latest trend in the market.
The automated optical inspection systems market is segmented by offering (software, hardware, and services [system installation support, maintenance & repair services, and design & manufacturing services]), type (2D AOI systems and 3D AOI systems), deployment (in-line AOI and off-line AOI), end-use industry (electronics & semiconductors, aerospace & defense, healthcare, pharmaceutical, consumer goods, food & beverage, IT & telecommunications, automotive, energy & power, and other end-use industries). The study also evaluates industry competitors and analyses the market at the regional and country levels.
Based on offering, the automated optical inspection systems market is segmented into software, hardware, and services. In 2024, the hardware segment is expected to account for the largest share of over 60.0% of the market. The large market share of this segment is driven by the increasing adoption of AOI hardware, which delivers a high level of accuracy and consistency in defect detection. AOI systems facilitate timely corrective actions, reduce waste and rework, and generate detailed reports and documentation of images and data logs for traceability purposes. However, the services segment is poised to register the highest CAGR during the forecast period.
Based on type, the automated optical inspection systems market is segmented into 2D AOI systems and 3D AOI systems. In 2024, the 2D AOI systems segment is expected to account for the larger share of over 55.0% of the market. However, the 3D AOI systems segment is poised to register the highest CAGR during the forecast period. The growth of this segment is driven by the rising adoption of 3D Automated Optical Inspection (AOI) systems, which help reduce false call rates and provide volumetric inspection data. These systems can measure height variations, enabling the detection of defects such as lifted leads, tombstoning, and other dimensional discrepancies. Additionally, the growing use of 3D AOI systems for inspecting a wide range of products-characterized by designs, complex geometries, and varying surface textures-along with their ability to provide real-time feedback during the production process to minimize defects and optimize manufacturing quality, further contributes to this segment's rapid growth.
Based on deployment, the automated optical inspection systems market is segmented into in-line AOI and off-line AOI. In 2024, the in-line AOI segment is expected to account for the larger share of over 63.0% of the market. The large market share of this segment is attributed to the increasing adoption of in-line AOI for real-time defect detection, which reduces the risk of producing large batches of defective products before identifying issues. The rising need to detect defects early in the manufacturing process helps minimize rework and scrap, ultimately lowering overall production costs. Moreover, the in-line AOI segment is poised to register the highest CAGR during the forecast period.
Based on end-use industry, the automated optical inspection systems market is segmented into electronics & semiconductors, aerospace & defense, healthcare, pharmaceutical, consumer goods, food & beverage, IT & telecommunications, automotive, energy & power, and other end-use industries. In 2024, the electronics & semiconductors segment is expected to account for the largest share of over 18.0% of the market. However, the healthcare segment is poised to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing adoption of AOI systems to identify defects such as cracks, scratches, contamination, and dimensional inaccuracies in healthcare products. There is a rising demand for these inspection systems in the healthcare sector to ensure the delivery of safe, reliable, and high-quality products to patients.
Based on geography, the automated optical inspection systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of over 45.0% of the market. The large market share of the Asia-Pacific region is attributed to the advancements in cameras and software for 3D image inspection utilizing AI-based automated systems. Additionally, the growing miniaturization of printed circuit boards and electronic components in the manufacturing industry, along with the increasing presence of electronics and semiconductor manufacturing facilities in the region, further contribute to the substantial market share of this region. Moreover, this regional market is poised to register the highest CAGR of over 21.0% during the forecast period.
The key players operating in the automated optical inspection systems market are Nordson Corporation (U.S.), OMRON Corporation (Japan), DAIICHI JITSUGYO ASIA PTE. LTD. (A Subsidiary of DAIICHI JITSUGYO CO., LTD.) (Singapore), GOPEL electronic GmbH (Germany), Koh Young Technology Inc. (South Korea), Pemtron Co., Ltd. (South Korea), Camtek Ltd. (Israel), Mycronic AB (Sweden), KLA Corporation (U.S.), Machine Vision Products, Inc. (U.S.), Saki Corporation (Japan), Test Research, Inc. (Taiwan), Viscom SE (Germany), Mirtec Co., LTD (South Korea), and Mek Europe BV (Netherlands).
Automated Optical Inspection Systems Market Assessment-by Offering
Automated Optical Inspection Systems Market Assessment-by Type
Automated Optical Inspection Systems Market Assessment-by Deployment
Automated Optical Inspection Systems Market Assessment-by End-use Industry
Automated Optical Inspection Systems Market Assessment-by Geography
(Note: SWOT analyses of the top 5 companies will be provided.)