Global Adaptive Optics Market is valued approximately at USD 433.76 million in 2018 and is anticipated to grow with a healthy growth rate of more than 40.8 % over the forecast period 2019-2026. Adaptive Optics is the technology used for beam propagation, communications and microscopy in optical systems. This technology enhances the efficiency of the optical system by reducing wavefront distortion effects hence, used in retinal imaging, laser communication and biological research. Further, the increasing investment in R&D field for the integration of adaptive optics has led the adoption of Adaptive Optics across the forecast period. Also, with the increase in demand for high resolution microscopy in multiple biomedical research operations is expected to fuel the demand for Adaptive Optics. Although, the high initial cost and complex designing techniques hinder the market growth. However, the advancements in terms of lighter materials for adaptive optics presents the market with a wide opportunity.
The regional analysis of global Adaptive Optics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising technological advancements in the sector. Also, the increasing demand from biomedical and astronomical applications lead the growth of Adaptive optics market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as expanding astronomical practices and increasing investment for research and development in the region would create lucrative growth prospects for the Adaptive Optics market across Asia-Pacific region.
Major market player included in this report are:
Teledyne e2v (UK) LTD (UK)
NORTHROP GRUMMAN CORPORATION (US)
Thorlabs Inc. (US)
Iris AO Inc. (US)
Adaptica S.R.L (Italy)
Active Optical Systems, LLC (US)
Flexible Optical B.V. (Netherlands)
Imagine Optic SA (France)
Boston Micromachines Corporation (US)
Phasics Corp. (France).
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Wavefront Sensor
Wavefront Modulator
Control System
Others
By End-Use Industry:
Consumer electronics
Astronomy
Biomedical
Military & Defence
Industrial & Manufacturing
Communication & Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026
Target Audience of the Global Adaptive Optics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investor
