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The PCB inspection equipment market in APAC is expected to grow at a CAGR of close to 15% by 2021. APAC consists of many local, regional, and international players for the PCB inspection equipment market. There is intense competition among existing players in the market as this is a capital-intensive industry. The focus of vendors is on commercial electronics, industrial electronics, automotive, aerospace and defense, and medical equipment industries as there is immense scope for the use of PCB inspection equipment in these industries.
According to Raghav Bharadwaj Shivaswamy, a lead analyst at Technavio for automation, “Government initiatives and development of new products with cutting-edge technology are driving the market for PCB inspection in this region. Vendors are focusing on the development of customizable and innovative products to differentiate their products. Vendors of the PCB inspection market are investing heavily in research and developmental activities to develop new products with cutting-edge technology.”
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Technavio market research analysts identify the following key vendors:
Gardien is one of the world's largest players that offers independent testing and quality assurance solutions to the PCB industry. The company operates nationally and internationally and has 25 facilities. The company offers high-quality services to its entire range of customers including small family owned PCB shops and international fabricators.
Manncorp has always been at the forefront of PCB industry of China. Manncorp believes that product quality and creativity are the key factors for success. It has a large R&D team with a wide range of knowledge in their area of specialization.
Nordson is a leader in precision dispensing, fluid management, and related technologies. It offers products and systems for managing adhesives, industrial coatings, fluids, and biomaterials. It is organized into three global operating segments: adhesive dispensing systems, advanced technology systems, and industrial coating and systems.
The company’s primary business is the manufacture and sale of automation equipment and systems. OMRON has contributed to the Japanese Industrial Revolution by improving productivity in the manufacturing industry and creating a new kind of interaction between people and machines.
Vision Engineering is a pioneer in optical design innovation. It holds many world patents for optical techniques that improve microscope optical and ergonomic performance. The company delivers leading-edge stereo inspection and optical measurement products that have helped in improving productivity of many companies all over the world.
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.