Meticulous Research®, a leader in global market analysis, has introduced its latest report titled ‘ Automated Optical Inspection Systems Market by Offering (Software, Hardware), Type (2D AOI, 3D AOI), Deployment (In-line AOI, Off-line AOI), End-use Industry (Electronics & Semiconductors, Healthcare), and Geography - Global Forecast to 2031’.

The report forecasts that the automated optical inspection systems market will grow to $3.4 billion by 2031, achieving a CAGR of 19.5% from 2024 to 2031.

This growth is driven by increased demand for high-quality products with minimal defects and a surge in the adoption of 3D AOI solutions. The market faces challenges such as high false call rates and the need for specialized personnel. However, there are opportunities in the expanding use of AOI systems for IC substrate inspection. The adoption of AI and ML for enhanced defect detection is a notable trend.

The market is segmented by offering—software, hardware, and services (including system installation support, maintenance, and design and manufacturing services)—by type—2D AOI and 3D AOI systems—by deployment—in-line AOI and off-line AOI—and by end-use industry—electronics and semiconductors, aerospace and defense, healthcare, pharmaceutical, consumer goods, food and beverage, IT and telecommunications, automotive, energy and power, and other sectors. The study also includes regional and national analyses.

In 2024, the hardware segment is expected to lead with over 60.0% of the market share, due to its precision and effectiveness in defect detection. The services segment is anticipated to experience the highest CAGR, driven by increasing demand for specialized and compliant AOI services.

For type, 2D AOI systems are projected to capture a significant share of over 55.0% in 2024, due to their advanced imaging capabilities and user-friendly interfaces. The 3D AOI systems segment is expected to grow the fastest, driven by their ability to measure height variations and detect complex defects.

In deployment, the in-line AOI segment is anticipated to hold more than 63.0% of the market share in 2024, thanks to its real-time defect detection advantages. This segment is also projected to show the highest growth rate.

Electronics and semiconductors are expected to dominate with over 18.0% of the market share in 2024, while the healthcare sector is projected to grow the fastest due to stringent regulatory requirements and the need for reliable inspection.

Asia-Pacific is expected to lead the market with more than 45.0% share in 2024, driven by high demand for high-quality products and a significant electronics and semiconductor manufacturing base. This region is also forecasted to achieve the highest CAGR of over 21.0% during the forecast period.

Key Players

The key players operating in the automated optical inspection systems market are Nordson Corporation (U.S.), OMRON Corporation (Japan), DAIICHI JITSUGYO ASIA PTE. LTD. (A Subsidiary of DAIICHI JITSUGYO CO., LTD.) (Singapore), GÖPEL electronic GmbH (Germany), Koh Young Technology Inc. (South Korea), Pemtron Co., Ltd. (South Korea), Camtek Ltd. (Israel), Mycronic AB (Sweden), KLA Corporation (U.S.), Machine Vision Products, Inc. (U.S.), Saki Corporation (Japan), Test Research, Inc. (Taiwan), Viscom SE (Germany), Mirtec Co., LTD (South Korea), and Mek Europe BV (Netherlands).

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Key Questions Answered in the Report:

• Which are the high-growth market segments in terms of offering, type, deployment, and end-use industry?
• What is the historical market size for the automated optical inspection systems market?
• What are the market forecasts and estimates for 2024–2031?
• What are the major drivers, restraints, opportunities, challenges, and trends in the automated optical inspection systems market?
• Who are the major players in the automated optical inspection systems market, and what are their market shares?
• What is the competitive landscape like?
• What are the recent developments in the automated optical inspection systems market?
• What are the different strategies adopted by major market players?
• What are the trends and high-growth countries?
• Who are the local emerging players in the automated optical inspection systems market, and how do they compete with other players?

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