Market Share of Printed Circuit Board Inspection Equipment Industry
The PCB inspection equipment market is concentrated, with few players occupying the majority market share. Vendors are slowly emerging with offerings related to PCB inspection. Existing competitors are fiercely competitive. Further, large companies' innovation strategies will drive the studied market.
- October 2021 - Omron launched the PCB inspection system "VT-S10 series," which features an industry-first imaging technique and AI best to automate the high-precision inspection process for electronic assemblies, maximize performance and minimize skill-level requirements.
- January 2021 - CADY, an Israeli-based company, raised USD 3 million to develop automatic PCB inspections. The company developed an automated PCB design inspection software that parses the datasheets of electrical components and chips in the electrical schematic and cross-checks them against connections in the design to detect errors at early stages. Such companies would help to support the growth and development of PCBs inspection equipment.
PCB Inspection Equipment Market Leaders
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Nordson YESTECH Inc
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Cognex Corporation
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Vision Engineering Inc.
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ViTrox Corp Bhd
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Omron Electronics LLC
*Disclaimer: Major Players sorted in no particular order
