Automated Optical Inspection System Market to witness a 12% CAGR over 2018-2024, U.S. to remain a prominent revenue pocket

The global automated optical inspection system market has been touted to receive a commendable boost from the escalating demand for advanced printed circuit boards (PCBs) & surface mounted technology (SMT) in several consumer electronic products. Advanced electronic devices and machines seemingly require high-performance, high-efficient, tested PCBs to meet the manufacturing and safety standards, which is fulfilled by the deployment of automated optical inspection systems. These systems also bring forth tactical advantages to electronics manufacturers with fast, automated, cost-effective inspections before undergoing assembly procedures. Moreover, the product offers a flexible technology for controlling processes and pinpointing board defects - thus, the increasing standardization across the globe to develop safe and well-equipped machines for various industry-specific requirements will drive the global AOI system market in the years ahead.
The rework inspection solutions in automated optical inspection system market will grow at CAGR of nearly 12% due to high demand from PCB manufacturing companies owing to the benefits offered in board separation techniques. The products mainly include rework conveyors that offer the PCB buffering possibilities and detect the failed PCBs in production lines. These systems comprise rework capabilities that are used for the inspection of microelectronics, which are implemented in the automotive electronic systems such as lighting and safety systems. The rework assemblies are associated with the offline rework stations in the machines that review faults at the end of the inspection process. For instance, Inteon offers an AOI rework conveyor that facilitates good/bad PCB separation value-added features such as Omron PLC control system, three-belt segments, and SMEMA compliance.
3D Automated Optical Inspection System Market will grow at CAGR of around 14% attributed to the benefits such as improved image dimensions and inline detection capabilities. The implementation of these systems offers improved PCB quality over the 2D systems during the manufacturing process. It supports the inspection of miniaturized and complex components, which are deployed in the consumer electronics products. These systems offer the early detection of PCB defects in the assembly process that further assures the production quality. Several inspection functions combined in a single machine reduces the company's manufacturing costs and eliminates human intervention. For instance, Mirtec offers its 3D AOI its MV9 Series with five cameras in the 2D/3D options. Inline systems are gaining popularity in the AOI market due to the benefits, such as high flexibility, to detect PCBs during the entire production process and faster detection as compared to the offline systems.
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The aerospace industry is one of the chief end-users of automated optical inspection systems market due to rapidly growing demand for cutting-edge weapon machinery and reliable and accurate equipment controllers. A material fault and weakness could lead to destructive results for people commuting through airlines as well as the ones in close proximity, eventually leading to a high death toll and loss of millions of dollars.
To avoid these repercussions, aircraft manufacturers are required to deploy efficiently PCBs and inspected components. The AOI systems can effectively be used by aircraft manufacturing for reliable component testing and supporting the non-destructive development process. For instance, U.S. adhesive manufacturing company, Nordson has recently developed a range of automated optical inspection systems that meet the highly precise demand of the aerospace industry. Flextron Circuit Assembly has also added Automated Optical Inspection (AOI) and 3D Solder Paste Inspection (SPI) capability to its PCBA manufacturing lines in a bid to better the reliability and quality in its electronic assemblies.
The North American automated optical inspection systems market is rapidly growing to reach a revenue share of around 30% by 2024, due to the high demand for developed automotive products. The U.S. AOI systems market is witnessing high penetration of several PCB and consumer electronics manufacturers. The increasing concerns for developing high quality and safe electronic components further add to the usage of the inspection machines. The demand is attributed to features of advanced systems such as three-dimensional images, quick fault detection, and analysis of the PCB production lines. Moreover, the growing demand for technically-advanced products in the U.S. due to the presence of awareness among the population accounts for the (AOI) automated optical inspection system market growth.
As more companies look towards AOI for ensuring a fast, reliable and cost-efficient quality control in manufacturing and process automation, the AOI system market is anticipated to register a 12% CAGR between 2018 and 2024. Viscom AG, Cyberoptics Corporation, AOI Systems, Nordson, ASC International, Omron Corporation and Kurtz Ersa, are some key players outlining the AOI industry dynamics. Compliance with evolving engineering standards and demand for higher quality of products will drive innovations in AOI technology.