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The 3D automated optical inspection (AOI) equipment market's growth momentum will accelerate at a CAGR of 28.15% and the market share will increase to USD 653.59 million from 2021 to 2026.
This 3D automated optical inspection (AOI) equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers 3D automated optical inspection (AOI) equipment market segmentation by:
The 3D automated optical inspection (AOI) equipment market report also offers information on several market vendors, including Camtek Ltd., CyberOptics Corp., GOPEL electronic GmbH, Juzi Technology, Koh Young Technology Inc., Machine Vision Products Inc., MEK Europe BV, Mirtec Co. Ltd., Mycronic AB, Nanotronics, Nordson Corp., OMRON Corp., PARMI Co. Ltd., Saki Corp., Stratus Vision GmbH, Test Research Inc., Viscom AG, ViTrox Corp. Berhad, Wencor Group LLC, and ZhenHuaXing Technology ShenZhen Co. Ltd. among others.
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Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing adoption of smart devices is notably driving the 3D automated optical inspection (AOI) equipment market growth, although factors such as the false call rate slowing down adoption of 3D AOI equipment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the 3D automated optical inspection (AOI) equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key 3D Automated Optical Inspection (AOI) Equipment Market Driver
Key 3D Automated Optical Inspection (AOI) Equipment Market Trend
Key 3D Automated Optical Inspection (AOI) Equipment Market Challenge
This 3D automated optical inspection (AOI) equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global 3D automated optical inspection (AOI) equipment market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the 3D automated optical inspection (AOI) equipment market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the 3D automated optical inspection (AOI) equipment market encompasses successful business strategies deployed by the key vendors. The 3D automated optical inspection (AOI) equipment market is fragmented and the vendors are deploying growth strategies such as focusing on technological advances in the equipment to compete in the market.
camtek.com - The company offers 3D automated optical inspection equipment such as Phoenix which features detection, minimum false calls, as well as quickand easy setup and high throughput.
camtek.com - Under the unified segment, the company designs, develops, manufactures, and markets automated optical inspection and metrology systems.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The 3D automated optical inspection (AOI) equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the 3D automated optical inspection (AOI) equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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62% of the market's growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for 3D automated optical inspection (AOI) equipment in APAC. Market growth in this region will be faster than the growth of the market in the European and MEA regions.
The strong presence of electronics manufacturing industries in the region will facilitate the 3D automated optical inspection (AOI) equipment market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The component and semiconductor manufacturing and other industrial activities in APAC were adversely impacted in 2020 owing to the COVID-19 pandemic. The imposition of stringent lockdowns and social distancing regulations forced many business owners to shut down their facilities temporarily. However, the industrial sectors such as automobile, manufacturing, and others are expected to recover as the COVID-19 pandemic cases reduces. Therefore, the recommencement of operations in the manufacturing and industrial sectors will positively impact the growth of the 3D AOI equipment market in APAC during the forecast period.
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The 3D automated optical inspection (AOI) equipment market share growth by the 3D inline AOI segment will be significant during the forecast period. The increasing need for the inspection of coplanarity of electronic components during the production process and the growing complexity of the circuit designs in PCBs are driving the demand for 3D inline AOI equipment. Therefore, the need for high-volume production of complex-design PCBs is expected to drive the demand for 3D inline AOI equipment during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the 3D automated optical inspection (AOI) equipment market size and actionable market insights on post COVID-19 impact on each segment.
3D Automated Optical Inspection (AOI) Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 28.15% |
Market growth 2022-2026 |
$ 653.59 million |
Market structure |
Fragmented |
YoY growth (%) |
27.99 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 62% |
Key consumer countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Camtek Ltd., CyberOptics Corp., GOPEL electronic GmbH, Juzi Technology, Koh Young Technology Inc., Machine Vision Products Inc., MEK Europe BV, Mirtec Co. Ltd., Mycronic AB, Nanotronics, Nordson Corp., OMRON Corp., PARMI Co. Ltd., Saki Corp., Stratus Vision GmbH, Test Research Inc., Viscom AG, ViTrox Corp. Berhad, Wencor Group LLC, and ZhenHuaXing Technology ShenZhen Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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