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Automated Optical Inspection Market Growth Opportunities and Forecast Analysis Report By 2027
Automated Optical Inspection Market Growth Opportunities and Forecast Analysis Report By 2027
Automated Optical Inspection Market was valued nearly US$ 595.72 Mn. in 2020 and is estimated to grow at a CAGR of 15.76 % and is expected to reach at US$ 1659.85 Mn. by 2027.

Automated Optical Inspection Market Growth Opportunities and Forecast Analysis Report By 2027

Automated Optical Inspection Market Overview:

Automated optical inspection is a method for obtaining high-quality images of a printed circuit board in order to detect any defect or anomaly in the PCB component assembly using optics. The likelihood of errors in the manufacture and assembly of PCB parts has increased as a result of the high speed and large volume of manufacturing processes, and the fact that the size and complexity of PCBs has decreased as a result of part miniaturisation has boosted the automated optical inspection market.

The definitions, categories, applications, and industrial chain structure as they stand at the time of writing were examined in the Automated Optical Inspection Market Research Report. The study offers unbiased, expert analysis of the market's current condition, historical performance, rates of production and consumption, demand and supply, and projected income generation predictions. The strategic goals of the leading businesses in this sector are also covered in the market study on Automated Optical Inspection. The study takes into account a variety of business and government transactions, mergers and acquisitions, brand marketing, product launches, alliances and collaborations, and business and government transactions.

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Automated Optical Inspection Market Scope:

The study employs PESTLE analysis to evaluate the benefits and drawbacks of significant market participants. In order to forecast the market and offer investment guidance, the researcher carefully examines the size, share, trend, total profit, total revenue, and profit margin of the Automated Optical Inspection market. advice on market changes from subject-matter experts.

Along with data on capacity and production, price and cost information, company profiles, product images, specifications, and contact details, the report also contains information on the major market participants. The trends, size, and value of the Automated Optical Inspection market are examined at the global, regional, and corporate levels in this report. This study analyses the size of the global market for Automated Optical Inspection using historical data and forecasts for the future.

Automated Optical Inspection Market Segmentation:

The automated optical inspection market's type-specific 3D AOI System segment is anticipated to expand at a CAGR of 16.23% during the forecast period. The ability of the 3D system to provide volumetric height information of components on a printed circuit board is responsible for this. Co-planarity flaws that are missed during 2D inspection can be more effectively found using the laser technology used in 3D AOI systems. Additionally, 3D AOI devices eliminate the need for manual inspection by creating a high-resolution, detailed image of the components on a printed circuit board. These factors and ongoing developments will probably lead to an increase in the use of 3D AOI systems.

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Automated Optical Inspection Market Key players:

  • NORDSON
  • KLA
  • CAMTEK
  • CYBEROPTICS
  • GOEPEL ELECTRONIC
  • MIRTEC
  • MARANTZ ELECTRONICS
  • MACHINE VISION PRODUCTS
  • MYCRONIC AB (VI TECHNOLOGY)
  • AOI SYSTEMS
  • DCB AUTOMATION
  • PEMTRON

COVID-19 Impact on Automated Optical Inspection market:

Automated Optical Inspections' market has been significantly impacted by the COVID-19 outbreak. The development of Automated Optical Inspection production facilities has been halted due to the global economic downturn and a labour shortage. Production utilisation has decreased significantly and steadily as a result of the COVID-19 pandemic. Additionally, travel restrictions and facility closures have prevented staff from visiting their facilities, which will limit the growth of the Automated Optical Inspection market in 2020. The market repercussions of COVID-19 are expected to be short-lived due to the high demand for Automated Optical Inspection, though. The industry is anticipated to fully recover by early 2021.

About Stellar Market Research:

Stellar Market Research is a market research and consulting firm that provides syndicated and custom research reports in addition to consulting services. The main goal of the company's products is to assist businesses in identifying, focusing on, and analysing changes in consumer behaviour across demographics and industries to assist them in making better business decisions. In order to provide relevant and fact-based research, the company conducts market intelligence studies in a variety of industries, including healthcare, touch points, and energy. With experience in many different industries, Stellar Market Research has a sizable staff of highly qualified analysts. Clients can gain a competitive advantage over their rivals thanks to the company's subject-matter expertise and capacity to provide a workable solution to any research problem.

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