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:
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Automatic Optical Inspection Market 2020-2024 : Scope
Technavio presents a dtailed 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:
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
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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