The rising application of the AOI system in the electronics industry contributes to the growth of the automated optical inspection system (AOI system) market growth. The electronics manufacturer has widely adopted these systems due to various advantages including cost effective, automated and quick inspection in the assembly process and production. Electronic components are becoming ubiquitous with the development of electronic technology in consumer products.
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Demand for compact and light devices is continuously growing due to advancements of electronics in the segment of consumer products in the last few years. The widespread application of electronic products is equally supported by software technology IoT (Internet of Things). This integration of electronic products with IoT is directing the manufacturers of electronic products to revolve around advanced electronics devices.
Furthermore, the consumer electronics industry contributing to the growth of the AOI system market. Consumer electronics include smartphones, tablets, wearable devices, televisions, and others. Technology and its adoption across the wide range of consumer electronics have evolved rapidly in recent years. The consumer electronics industry experience new trend called flxible electronics to manage the rising burden on chips that further increases the demand for automated optical inspection systems in manufacturing process.
This technology includes proper assembling of electronic circuits by mounting electronic devices on the flexible plastic substrate. This technology is largely being used in various applications that can be beneficial from their favorable dielectric properties, lightweight, robust, conformable nature, and high circuit density.
The high demand for advanced electronics components in the automotive sector further contributes to the growth of the automated optical inspection system (AOI system) market. The use of advanced electronics components in automotive increases the demand for inspection systems during manufacturing of vehicles. The electronic manufacturing company assembles different electronic equipment and serves into the various sectors of industry.
The electronic manufacturing optimizing the growth in the automotive spare part industry such as in traceability, fierce competition, IT system, on-time requirements, and so on. Moreover, the increasing demand for these systems in other industries such as aerospace & defense, medical devices telecommunication, and others further provide ample opportunity to market growth in the near future.
The global automated optical inspection system (AOI system) market has significant growth opportunities in emerging markets such as China, India, and others. The growth in the electronics industry in these economies further provide growth opportunity in the market. International Trade Union Federation (ITUF) estimates that China is the largest producer of world’s electronic and electronic components across the globe. The abundance of low-cost labor has made the country competitive in terms of many low-cost, labor-intensive manufactures in global markets.
Electrical machinery & equipment is one of the major Chinese trade commodities in 2017, as per FAS. The nation’s manufacturing industry is growing at a much faster pace. Announced in 2015, the “Made in China 2025” is one of the ambitious projects aimed at increasing competitiveness of Chinese manufacturing industries including consumer electronics and automotive.
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Global AOI system Market Segmentation
By Type
• 2D AOI Systems
• 3D AOI Systems
By Industry
• Electronics
• Automotive
• Telecommunications
• Aerospace & Defense
• Medical Devices
• Others
AOI System Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
Company Profiles
• AOI Systems Ltd.
• Camtek Ltd.
• CyberOptics Corp.
• DAIICHI JITSUGYO CO., LTD.
• DCB Automation Ltd.
• GÖPEL Electronic GmbH
• Koh Young Technology, Inc.
• Machine Vision Products, Inc.
• MEK Marantz Electronics Ltd.
• Mirtec Co., LTD.
• Nordson Corp.
• Omron Corp.
• Orbotech Ltd.
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