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COVID-19 Impacts: Automatic Optical Inspection Market Will Accelerate at a CAGR of About 24% Through 2020-2024 | The Increasing Adoption Of Smart Manufacturing to Boost Growth | Technavio

Technavio has been monitoring the automatic optical inspection market and it is poised to grow by $ 894.39 mn during 2020-2024, progressing at a CAGR of about 24% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Automatic Optical Inspection Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. GÖPEL electronic GmbH, Koh Young Technology Inc., Mek Europe BV, Mirtec Co. Ltd., Mycronic AB, Nordson Corp., OMRON Corp., Saki Corp., Test Research Inc., and Viscom AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increasing adoption of smart manufacturing has been instrumental in driving the growth of the market. However, the rising cost pressure might hamper the market growth.

Automatic Optical Inspection Market 2020-2024 : Segmentation

Automatic Optical Inspection Market is segmented as below:

  • Type
    • 2D AOI Systems
    • 3D AOI Systems
  • Geographic Landscape
    • APAC
    • North America
    • Europe
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41165

Automatic Optical Inspection Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automatic optical inspection market report covers the following areas:

  • Automatic Optical Inspection Market size
  • Automatic Optical Inspection Market trends
  • Automatic Optical Inspection Market industry analysis

This study identifies the advent of collaborative robots for assembly and testing as one of the prime reasons driving the automatic optical inspection market growth during the next few years.

Automatic Optical Inspection Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the automatic optical inspection market, including some of the vendors such as GÖPEL electronic GmbH, Koh Young Technology Inc., Mek Europe BV, Mirtec Co. Ltd., Mycronic AB, Nordson Corp., OMRON Corp., Saki Corp., Test Research Inc., and Viscom AG Backed with competitive intelligence and benchmarking, our research reports on the automatic optical inspection market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Automatic Optical Inspection Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist automatic optical inspection market growth during the next five years
  • Estimation of the automatic optical inspection market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automatic optical inspection market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automatic optical inspection market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • 2D AOI systems - Market size and forecast 2019-2024
  • 3D AOI systems - Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Combining 2D and 3D AOI technologies to enhance inspection coverage
  • Advances in PCB manufacturing process
  • Advent of collaborative robots for assembly and testing

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • GÖPEL electronic GmbH
  • Koh Young Technology Inc.
  • Mek Europe BV
  • Mirtec Co. Ltd.
  • Mycronic AB
  • Nordson Corp.
  • OMRON Corp.
  • Saki Corp.
  • Test Research Inc.
  • Viscom AG

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200729005661/en/

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