Global 3D Automated Optical Inspection (AOI) Market by Types (Offline 3D AOI, and Inline 3D AOI), Applications (Automotive Electronics, Consumer Electronics, Industrial Electronics, and Aerospace & Defense), and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
Global 3D Automated Optical Inspection (AOI) Market Outlook
The Global 3D Automated optical inspection (AOI) market was valued at USD 233.5 million in 2019 and is likely reach to USD 655.7 million by 2027, expanding at a CAGR of 14.6% during the forecast period 2020-2027. In terms of volume, the market is projected to expand at a CAGR of 12.9% during the forecast period.
AOI is a technique of using optics to capture images of a Printed Circuit Boards (PCB) to find out the missing components, incorrect positions, defects, and to ensure the quality of the manufacturing process. 3D AOI systems are used for PCB production. 3D AOI technology provides more precision in analyzing the defects as compared to the 2D AOI technology.
3D Automated Optical Inspection (AOI) Market Dynamics
Growing demand for surface mounted technology requirements and advanced PCBs in numerous devices and machines across sectors such as automotive and consumer electronics is anticipated to fuel the market during the forecast period.
Technically-advanced electronic machines require professionally confirmed PCBs to meet the safety and manufacturing standards useful for their development.
The 3D automated optical inspection system provides fault recognition at each stage of the PCB production process and offers application-specific testing. Additionally, increasing regulations and standardizations worldwide to manufacture safe and well-equipped machines for various industry-specific requirements is propelling the growth of 3D automated optical inspection (AOI) market.
These machines are installed across the electronics and automotive industries to cater to the rising demand for reliable PCB-based components. The emergence of novel technologies associated with the electronic devices, such as MP3 players, laptops, cell phones, and GPS navigation systems, is due to revolutionary developments such as the use of microelectronics and miniaturization of technology.
As a result, the demand for AOI equipment in applications associated with portable consumer electronics is increasing and is anticipated to surge at a rapid pace. Growing demand for advanced electronics systems required in sport utility vehicles (SUVs) and luxury cars has significant fueled the demand for AOI equipment in the automotive sector.
Lack of awareness about automated inspection machines is anticipated to impede the market during the forecast period. Moreover, incidences of false call rates after installing 3D AOI systems is expected to hinder the demand for 3D AOI systems.
3D Automated Optical Inspection (AOI) Segment Insights
On the basis of types, the 3D automated optical inspection (AOI) market has been bifurcated into offline 3D AOI and inline 3D AOI. The inline 3D AOI segment held a significant share of the market in 2019 and is expected to be the most attractive segment during the forecast period.
The segment growth is attributed to the increasing applications of inline 3D AOI in the automotive electronics and consumer electronics.
Inline systems can be located before and after the reflow process, depending on the needs of the manufacturer. Inline AOI systems need to have sufficient resources to manage hardware and data processing requirements and to prevent bottleneck in the manufacturing line; therefore, they are strategically placed in production processes.
Based on applications, the 3D automated optical inspection (AOI) market has been divided into automotive electronics, consumer electronics, industrial electronics, and aerospace & defense. The automotive electronics segment accounted for a considerable share of the market in 2019.
Rising implementation of electronic systems in automobiles has significantly increased over the past few years. The addition of novel technologies in vehicles such as infotainment systems, electric vehicles, autonomous driving, automotive sensors, connected vehicles, and advanced navigation has significantly boosted the implementation of electronics in automobiles.
Global 3D Automated Optical Inspection (AOI) Market Regional Outlook
In terms of regions, the market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is projected to expand at a considerable CAGR during the forecast period owing to the penetration of several electronic component & device manufacturing companies in South Korea, China, and Japan. Moreover, the presence of a large number of automobile producers in China has increased the consumption of 3D AOI machines.
Furthermore, rising awareness regarding the development of technically advanced and reliable products to support export business initiatives in these countries is propelling the AOI system market in Asia Pacific.
Key Benefits for Industry Participants & Stakeholders
- In-depth analysis of the global 3D automated optical inspection (AOI) market
- Historical, current and projected market size in terms of value and volume (Thousand Units)
- Potential & niche segments and regions exhibiting promising growth covered
- Industry drivers, restraints and opportunities covered in the study
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Neutral perspective on global 3D automated optical inspection (AOI) market performance
Video Summary for 3D Automated Optical Inspection (AOI) Market :
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Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3D Automated Optical Inspection (AOI) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 3D Automated Optical Inspection (AOI) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 3D Automated Optical Inspection (AOI) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 3D Automated Optical Inspection (AOI) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 3D Automated Optical Inspection (AOI) Market Size & Forecast, 2017-2027
4.5.1 3D Automated Optical Inspection (AOI) Market Size and Y-o-Y Growth
4.5.2 3D Automated Optical Inspection (AOI) Market Absolute $ Opportunity
Chapter 5 Global 3D Automated Optical Inspection (AOI) Market Analysis and Forecast By Types
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Types
5.1.2 Basis Point Share (BPS) Analysis By Types
5.1.3 Absolute $ Opportunity Assessment By Types
5.2 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Types
5.2.1 Offline 3D AOI
5.2.2 Inline 3D AOI
5.3 Market Attractiveness Analysis By Types
Chapter 6 Global 3D Automated Optical Inspection (AOI) Market Analysis and Forecast By Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Applications
6.1.2 Basis Point Share (BPS) Analysis By Applications
6.1.3 Absolute $ Opportunity Assessment By Applications
6.2 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Applications
6.2.1 Automotive Electronics
6.2.2 Consumer Electronics
6.2.3 Industrial Electronics
6.2.4 Aerospace & Defense
6.3 Market Attractiveness Analysis By Applications
Chapter 7 Global 3D Automated Optical Inspection (AOI) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 3D Automated Optical Inspection (AOI) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 3D Automated Optical Inspection (AOI) Analysis and Forecast
9.1 Introduction
9.2 North America 3D Automated Optical Inspection (AOI) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Types
9.6.1 Offline 3D AOI
9.6.2 Inline 3D AOI
9.7 Basis Point Share (BPS) Analysis By Types
9.8 Absolute $ Opportunity Assessment By Types
9.9 Market Attractiveness Analysis By Types
9.10 North America 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Applications
9.10.1 Automotive Electronics
9.10.2 Consumer Electronics
9.10.3 Industrial Electronics
9.10.4 Aerospace & Defense
9.11 Basis Point Share (BPS) Analysis By Applications
9.12 Absolute $ Opportunity Assessment By Applications
9.13 Market Attractiveness Analysis By Applications
Chapter 10 Europe 3D Automated Optical Inspection (AOI) Analysis and Forecast
10.1 Introduction
10.2 Europe 3D Automated Optical Inspection (AOI) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Types
10.6.1 Offline 3D AOI
10.6.2 Inline 3D AOI
10.7 Basis Point Share (BPS) Analysis By Types
10.8 Absolute $ Opportunity Assessment By Types
10.9 Market Attractiveness Analysis By Types
10.10 Europe 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Applications
10.10.1 Automotive Electronics
10.10.2 Consumer Electronics
10.10.3 Industrial Electronics
10.10.4 Aerospace & Defense
10.11 Basis Point Share (BPS) Analysis By Applications
10.12 Absolute $ Opportunity Assessment By Applications
10.13 Market Attractiveness Analysis By Applications
Chapter 11 Asia Pacific 3D Automated Optical Inspection (AOI) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 3D Automated Optical Inspection (AOI) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Types
11.6.1 Offline 3D AOI
11.6.2 Inline 3D AOI
11.7 Basis Point Share (BPS) Analysis By Types
11.8 Absolute $ Opportunity Assessment By Types
11.9 Market Attractiveness Analysis By Types
11.10 Asia Pacific 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Applications
11.10.1 Automotive Electronics
11.10.2 Consumer Electronics
11.10.3 Industrial Electronics
11.10.4 Aerospace & Defense
11.11 Basis Point Share (BPS) Analysis By Applications
11.12 Absolute $ Opportunity Assessment By Applications
11.13 Market Attractiveness Analysis By Applications
Chapter 12 Latin America 3D Automated Optical Inspection (AOI) Analysis and Forecast
12.1 Introduction
12.2 Latin America 3D Automated Optical Inspection (AOI) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Types
12.6.1 Offline 3D AOI
12.6.2 Inline 3D AOI
12.7 Basis Point Share (BPS) Analysis By Types
12.8 Absolute $ Opportunity Assessment By Types
12.9 Market Attractiveness Analysis By Types
12.10 Latin America 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Applications
12.10.1 Automotive Electronics
12.10.2 Consumer Electronics
12.10.3 Industrial Electronics
12.10.4 Aerospace & Defense
12.11 Basis Point Share (BPS) Analysis By Applications
12.12 Absolute $ Opportunity Assessment By Applications
12.13 Market Attractiveness Analysis By Applications
Chapter 13 Middle East & Africa (MEA) 3D Automated Optical Inspection (AOI) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 3D Automated Optical Inspection (AOI) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Types
13.6.1 Offline 3D AOI
13.6.2 Inline 3D AOI
13.7 Basis Point Share (BPS) Analysis By Types
13.8 Absolute $ Opportunity Assessment By Types
13.9 Market Attractiveness Analysis By Types
13.10 Middle East & Africa (MEA) 3D Automated Optical Inspection (AOI) Market Size & Volume Forecast By Applications
13.10.1 Automotive Electronics
13.10.2 Consumer Electronics
13.10.3 Industrial Electronics
13.10.4 Aerospace & Defense
13.11 Basis Point Share (BPS) Analysis By Applications
13.12 Absolute $ Opportunity Assessment By Applications
13.13 Market Attractiveness Analysis By Applications
Chapter 14 Competition Landscape
14.1 3D Automated Optical Inspection (AOI) Market: Competitive Dashboard
14.2 Global 3D Automated Optical Inspection (AOI) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Koh Young
14.3.2 Omron
14.3.3 Test Research, Inc
14.3.4 CyberOptics
14.3.5 MirTec Ltd
14.3.6 PARMI Corp
14.3.7 Viscom AG
14.3.8 Pemtron
14.3.9 Vi TECHNOLOGY
14.3.10 Saki Corporation
14.3.11 Machine Vision Products (MVP)
14.3.12 Mek (Marantz Electronics)
14.3.13 ViTrox
14.3.14 Shenzhen JT Automation Equipment