PCB Inspection Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global PCB Test Equipment Market and it is segmented by Inspection Method (Automatic Optical Inspection(AOI), X-Ray Inspection), and Geography.

PCB Inspection Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

PCB Inspection Equipment Market Size

Printed Circuit Board Inspection Equipment Market
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 6.80 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Printed Circuit Board Inspection Equipment Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Printed Circuit Board Inspection Equipment Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

PCB Inspection Equipment Market Analysis

The Printed Circuit Board Inspection Equipment Market is expected to register a CAGR of 6.8% during the forecast period.

  • The density and diversity of printed circuit boards are increasing due to improvements in production technology. As such, there is a need for accurately identifying defects on PCBs, apart from manual vision inspection. Machine inspection methods help in better quality and higher yield of the PCB. In addition, the growing production of printed circuit boards (PCB) and increasing complexity in PCB manufacturing due to the growing industrial adoption are some of the major factors driving the demand for PCB inspection equipment over the forecast period. The ever-increasing product advancement motivates companies to invest in the market studied.
  • In August 2021, Nordson Corporation announced plans to acquire NDC technologies, a provider of precision measurement solutions and in-line manufacturing process control, to expand the formers test and inspection platform. Thus, favoring technological advancements for PCB inspection equipment.
  • According to the Consumer Technology Association, U.S. tech industry revenue will reach a record-breaking USD 487 billion in 2021, a 7.5% jump YoY. Moreover, Smartwatches demand is projected to grow by 8% in unit shipments, essentially driven by tech-savvy and fashion-conscious consumers, likely contributing to the overall PCB demand.
  • Further, the market-studied players are also investing in product innovation, as the need for PCBs for different industries is dynamic. This is also expected to expand the scope of the market studied. For instance, in November 2021, Omron launched the PCB inspection system VT-S10 Series which features AI to automate high-precision inspection processes for PCB sub-assemblies. This helps the users to eliminate the need for special operator skills.
  • Moreover, According to a report published by Sullivanmaine.org in June 2021, the interest in smartwatches among the 65+ population is expected to increase in the coming years. According to an Apple Watch insider, the report also mentioned that at least 3-5 million Apple Watches have been purchased by adults age 65+. Thus, driving the need for PCB inspection equipment.
  • The growing demand for miniaturization has led to the increasing PCB design complexity. This has led to a proportional PCB inspection failure rate, challenging the market demand.
  • Furthermore, the electronics device sector is anticipated to be impacted significantly by the COVID-19 outbreak, as China is one of the major suppliers of raw materials and finished products. The industry faced a reduction in production, disruption in the supply chain, and price fluctuations. Further, the sales of prominent electronic companies were affected during the period. The travel restriction on both people and products hampered the market's growth in the short run.

PCB Inspection Equipment Industry Overview

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

  1. Nordson YESTECH Inc

  2. Cognex Corporation

  3. Vision Engineering Inc.

  4. ViTrox Corp Bhd

  5. Omron Electronics LLC

  6. *Disclaimer: Major Players sorted in no particular order
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PCB Inspection Equipment Market News

  • May 2022 - Saki Corporation developed the new 3Di series of high-speed, high-precision, next-generation in-line 3D automated optical inspection systems. The system is ideal for the complex inspection of high-density printed circuit boards and boards with a combination of very small and tall components.
  • August 2021 - Omron Corporation announced the global launch of the PCB inspection system "VT-S10 Series," which features an industry-first imaging technique and AI to automate the high-precision inspection process for electronic substrates, thus eliminating the need for specialist skills.

PCB Inspection Equipment Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definitions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growth in Diversity and Density of PCB is Fuelling the Market Demand
  • 4.3 Market Restraints
    • 4.3.1 Increasing Complexity Due to Miniaturisation of Components is Challenging the Market Growth
  • 4.4 Value Chain Analysis
  • 4.5 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Inspection Method
    • 5.1.1 Automatic Optical Inspection (AOI)
    • 5.1.2 X-Ray Inspection
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.2 Europe
    • 5.2.3 Asia Pacific
    • 5.2.4 Rest of the World

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Nordson YESTECH Inc
    • 6.1.2 Cognex Corporation
    • 6.1.3 Vision Engineering Inc
    • 6.1.4 ViTrox Corp Bhd
    • 6.1.5 Omron Electronics LLC
    • 6.1.6 Manncorp Inc.
    • 6.1.7 Gardien Services Inc
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. FUTURE OF THE MARKET

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PCB Inspection Equipment Industry Segmentation

A printed circuit board, or PCB, supports mechanically and electrically connecting electronic components by etching conductive pathways, tracks, or signal traces from copper sheets laminated onto a non-conductive substrate. There are three elements to be considered while considering the type of inspection method - Cost, defect type, and inspection speed. Regarding the inspection method, AOI is applied for the inner layer test before lamination, and defect items range from solder paste volume, component position, absence, and polarity, to solder joint defects. The X-Ray Inspection focuses on fine and micro defects after lamination. It can test wiring assemblies, semiconductor packaging, BGA solder defects, voids in solder joints, and high mix, low volume assembly. The studied market is segmented by Inspection Methods such as Automatic Optical Inspection(AOI) and X-Ray Inspection among various geographies. The impact of COVID-19 on the market and affected segments are also covered under the scope of the study. Further, the disruption factors impacting the market's growth in the near future have been covered in the study regarding drivers and restraints.

By Inspection Method Automatic Optical Inspection (AOI)
X-Ray Inspection
Geography North America
Europe
Asia Pacific
Rest of the World
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PCB Inspection Equipment Market Research FAQs

What is the current Printed Circuit Board Inspection Equipment Market size?

The Printed Circuit Board Inspection Equipment Market is projected to register a CAGR of 6.8% during the forecast period (2025-2030)

Who are the key players in Printed Circuit Board Inspection Equipment Market?

Nordson YESTECH Inc, Cognex Corporation, Vision Engineering Inc., ViTrox Corp Bhd and Omron Electronics LLC are the major companies operating in the Printed Circuit Board Inspection Equipment Market.

Which is the fastest growing region in Printed Circuit Board Inspection Equipment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Printed Circuit Board Inspection Equipment Market?

In 2025, the North America accounts for the largest market share in Printed Circuit Board Inspection Equipment Market.

What years does this Printed Circuit Board Inspection Equipment Market cover?

The report covers the Printed Circuit Board Inspection Equipment Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Printed Circuit Board Inspection Equipment Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

PCB Inspection Equipment Industry Report

Statistics for the 2025 Printed Circuit Board Inspection Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Printed Circuit Board Inspection Equipment analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.