Pin Inspection Equipment Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Technology (Automatic Optical Inspection (AOI), X-Ray Inspection, Others), And By Geography – Forecast From 2022 To 2027

Published:  Sep 2022 Report Code: KSI061613001 Pages: 101

The global Pin Inspection Equipment Market is projected to grow at a CAGR of 4.79% during the forecast period.

The pin inspection equipment is the quality checker of PCB pins, helping in ruling out any defects such as missing or potential pin offsets and identifying co-planarity. The growing miniaturization of electronics is the major driver of the pin inspection equipment market. The increasing usage of PCB components in electronics is boosting the demand for pin inspection equipment. As such, the booming consumer electronics industry is significantly fueling the market growth of pin inspection equipment, as this equipment provides improved defect analysis with better accuracy while increasing productivity.

Strict regulations and standards related to quality control and inspection of PCBs, along with technological advancements, are also boosting the global pin inspection equipment market growth. PCB manufacturers and assemblers are required to implement inspections for boards at different production stages in order to ensure both the high quality and reliability of assembled PCBs by eliminating surface defects.  

3-D Pin inspection

The opportunity for the pin inspection equipment market lies in the advancement of 3D pin inspection equipment. Market players are offering 3D pin inspection equipment to maintain their position while expanding their market reach, thus positively impacting the market’s growth. For example, Altus Group’s product, Koh Young – KY-P3, provides a 3D pin inspection technique and a combination of both advanced, high-resolution optics and highly innovative vision algorithms for the pin inspection industry. The company Nordson YESTECH also launched its new FX-940 ULTRA 3D AOI Inspection Solution at Prodcutronica 2019.

The global pin inspection equipment market is segmented based on technology and geography. The global pin inspection equipment market is segmented by technology: Automatic Optical Inspection (AOI), X-Ray Inspection, and others.

By technology, X-Ray Inspection has a significant share in the global pin inspection equipment market

X-Ray inspection is widely used in the process of PCB assembly to test the quality of PCBs, which is regarded as the most important step by quality-oriented PCB manufacturers. The demand for X-Ray pin inspection equipment is driven by its ability to find defects like wiring assemblies, semiconductor packaging, BGA solder defects, voids in solder joints, and high mix and low volume. It also provides high inspection speed while saving time. Some products available in the market which have X-Ray inspection equipment include Vitrox advanced 3D X-Ray Inspection (V810i Series) which is designed to specially cater to different sizes of PCB assembly, it enables examination at a micron level with maximum throughput. Viscon manufactures a 3d AXI system that is distinguished by fast handling and 3D image quality of up to 3 PCBs. It is usually used in production lines that require high throughput despite an extensive inspection of hidden solder joints.

VJ Electoniix Inc. company pioneer in rework technologies and a global provider of advanced X-ray inspection and component counting systems released the XQuik III in their range of high-speed X-ray components. The market for pin inspection equipment based on Automatic Optical Inspection (AOI) technology is expected to rise at a decent pace over the forecast period on account of its ability to find defects like solder paste volume, component position, component absence, component polarity, and solder joint defects in a cost-effective manner. 

APAC is the major pin inspection equipment market

Regionally, the global pin inspection equipment market is classified into North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. The Asia Pacific accounted for the major market share in 2019 and will remain in its position till the end of the forecast period. This dominance is mainly attributed to China’s presence as the major electronic manufacturing hub in the region. Moreover, the growing semiconductor industry in countries like South Korea and Taiwan, with support from governments, is further driving the market growth of pin inspection equipment in this region.

According to data from the World Bank Group, India stands among the top 100 countries in ease of doing business and is now aiming at the top 50 brackets. As this continues, consumer electronics products and components produced in the country can be seen gaining impressive momentum. According to CEAMA (Consumer Electronics and Appliances Manufacturers Association), the overall production of consumer electronics increased from US$8.065 billion in 2015-16 to US$9.365 billion in 2016-17. The recently passed National Electronic Policy 2019 by the Union Cabinet holds high potential to make the country a global hub for Electronic System Design and Manufacturing (ESDM) while making the domestic electronics sector more globally competitive.

Key Developments

  • January 2020:  Nordson test & inspection launched new systems at IPC Expo 2020. The company has launched YESTECH LX-1000 in a large area optical inspection system offering a 630mmx630mm inspection area together with single or dual-sided imaging with full travel imaging sensors, it offers high-speed PCB inspection with exceptional defect coverage.
  • December 2019: Custom Interconnect Limited invested in the latest generation of AOI systems from Koh Young. The company invested in the latest Zenith 2, fully 3D AOIs to support its market-leading production facility in Andover.
  • October 2019: Inspections AB presented its full range of video microscope inspection and accessories, including 4K range inspection products for PCB electronics, at productronica, Germany.
  • May 2019: Vision Engineering launched LVC400 which is the first fully automated 3-axis video measurement and is an ideal choice for automated measurement and PCB inspection.

Impact of COVID-19 on Pin Inspection Equipment Market

The market for Pin Inspection Equipment was hit during the covid pandemic significantly because of impacted distribution channels and production disruptions caused by factory closures. The industry has faced several challenges to maintain stable growth and will have to do more in the future. The electronics industry is a major application of pin inspection equipment materials and that was hit terribly during the pandemic. A lot of manufacturers had to change their supply chain models with a more flexible agile supply node network model which will allow several multi-trails to reduce the risk of failure. Another major use of it lies in the semiconductor chips industry which has faced a shortage ever since the covid started. There have been digital transformations within the industry to continue and accelerate. Nearly three out of five companies have already begun their transformation journey. Various government policies and initiatives including reduction and ease in interest rates will further help the market growth in the future.

Pin Inspection Equipment Market Scope:

Report Metric Details
 Growth Rate  CAGR of 4.79% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Technology, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered OMRON Corporation, Gardien, Vision Engineering Ltd., Manncorp Inc., Cognex Corporation, VITROX, Nordson Corporation
 Customization Scope  Free report customization with purchase



  • By Technology
    • Automatic Optical Inspection (AOI)
    • X-Ray Inspection
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

Q1. What are the growth prospects for the pin inspection equipment market?
A1. Pin Inspection Equipment Market is projected to grow at a CAGR of 4.79% during the forecast period.

Q2. Who are the major players in the pin inspection equipment market?
A2. Key industry participants profiled as part of the pin inspection equipment market report are OMRON Corporation, Gardien, Vision Engineering Ltd., Manncorp, Cognex Corporation, VITROX, and Nordson Corporation.

Q3. How is the global pin inspection equipment market segmented?
A3. The global pin inspection equipment market is segmented by technology and geography.

Q4. What factors are anticipated to drive the pin inspection equipment market growth?
A4. The growing miniaturization of electronics is the major driver of the pin inspection equipment market.

Q5. Which region holds the largest market share in the pin inspection equipment market?
A5. The Asia Pacific region accounted for the major share of the pin inspection equipment market and will remain at its position till the end of the forecast period. 

1. Introduction
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Global Pin Inspection Equipment Market Analysis, By Technology
5.1. Introduction
5.2. Automatic Optical Inspection (AOI)
5.3. X-Ray Inspection
5.4. Others

6. Global Pin Inspection Equipment Market Analysis, By Geography
6.1. Introduction
6.2. North America
6.2.1. USA
6.2.2. Canada
6.2.3. Mexico
6.3. South America
6.3.1. Brazil
6.3.2. Argentina
6.3.3. Others
6.4. Europe
6.4.1. Germany
6.4.2. France
6.4.3. United Kingdom
6.4.4. Spain
6.4.5. Italy
6.4.6. Others
6.5. Middle East and Africa
6.5.1. Saudi Arabia
6.5.2. Israel
6.5.3. UAE
6.5.4. Others
6.6. Asia Pacific
6.6.1. China
6.6.2. Japan
6.6.3. South Korea
6.6.4. India
6.6.5. Taiwan
6.6.6. Thailand
6.6.7. Indonesia
6.6.8. Others

7. Competitive Environment and Analysis
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix

8. Company Profiles
8.1. OMRON Corporation
8.2. Gardien
8.3. Vision Engineering Ltd.
8.4. Manncorp Inc.
8.5. Cognex Corporation
8.7. Nordson Corporation

OMRON Corporation


Vision Engineering Ltd.

Manncorp Inc.

Cognex Corporation


Nordson Corporation


Explore Custom Options available with this study:

  •  Request customization
  •  Buy sections of the study
  •  Buy country specific report
  •  Request excel, Historical data
  •  Subscription inquiry
  •  Request special pricing

Our Value Proposition

Analyst Support

All our studies come with 2 months of analyst support.


We are in compliance with the global privacy laws.

Connect With Us