The global automated
optical inspection system market
size is estimated to be valued at USD 753 million in 2020 and projected to
reach USD 1,583 million by 2025, growing at a CAGR of 16.0% during the forecast
period.
Major factors fuelling the growth of the market
include increasing demand for consumer electronics, rising need for
high-quality electronic components, demand for higher productivity by
electronics manufacturing services (EMS) companies, and growing demand for AOI
systems in automotive electronics.
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The market for 3D AOI systems to
grow at higher CAGR from 2020—2025
3D AOI systems can detect faults in PCB substrates as well as
defects in the ball grid arrays (BGA), which makes them superior to 2D AOI
systems. Further, the ability to quickly inspect defects in tall components, a
significant reduction in false call rates, and the ability to provide
volumetric data of components under inspection make 3D AOI systems the ideal
choice for electronic manufacturing service (EMS) providers in the coming
years.
Automotive industry to exhibit
the highest growth in automated optical inspection (AOI) system market during
the forecast period
The demand for high-performance electronic components for critical-safety
systems of a vehicle such as advanced driver assistance system (ADAS), airbags,
and braking systems has increased the use of electronics in automobiles.
Moreover, the implementation of wireless communication technologies such as M2M
and connected vehicles has resulted in a rise of electronics components in
automobiles. The use of high-quality electronics has made automotive
manufacturers use highly efficient AOI systems to inspect electronics
components during the production process.
Automated Optical
Inspection (AOI) system market in North America to grow at the highest CAGR
during the forecast period
North America is expected to grow at the highest
CAGR in the automated optical inspection (AOI) system market during the
forecast period. The presence of a tech-savvy population with high disposable
income and a huge demand for consumer electronics is leading to advancements in
PCBs, which further fuel the automated optical inspection (AOI) system market
in North America.
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