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Adaptive Optics Technology Market: COVID-19 Impact and Global Analysis Forecast to 2028

Published Date: May 2021

No. of Pages: 205

Status: Upcoming

Report Code: EMR100244

Adaptive optics is a technology usually employed to improve the total performance of the optical systems. This is done by minimizing the wave front of the distortions after doing corrections in the complications in the deformities of a light wave and uses mirrors which are deformable to compensate the caused distortion. Adaptive optics is most widely deployed in laser systems and astronomical telescopes in order to minimize the overall effects of distortions of wave fronts. Also, some of the other uses of adaptive optics technology are retinal imaging systems, microscopy and optical fabrication in order to remove the aberrations in optics. In addition, the key functions of adaptive optics are to enhance and maximize the quality of image especially a retinal image or other imaging systems such as machine vision systems or additive manufacturing systems. The technology of adaptive optics is anticipated to witness serious growth over the forecast period and is considered to be a rapidly growing optical system which is projected to bring change to a broad range of end use industries.

The global adaptive optics market is expected to foresee rapid growth owing to various factors including increasing investments in development and research activities majorly in the optics industry in addition to growing need for adaptive optics enabled inspection of real-time product techniques along with rising adoption of adaptive optics in the field of biomedical sector.
Adaptive optics technology finds a large number of applications in several optical systems and is a major element driving the growth of the global adaptive optics technology market over the forecast period. In addition to this, reduction in the prices of components employed in adaptive optics technology due to advancements in technology especially in the production of raw materials coupled with innovation and introduction of new and improved materials including electronically sensitive polymers is one other key aspect prolelling the growth of the global adaptive optics market.

The global adaptive optics technology market can be classified on the basis of application, components, end-use industry and geography. On the basis of components, the global adaptive optics technology market can be classified into wave front sensors, wave front modulators and control systems. On the basis of application, the global adaptive optics technology market can be divided in to atomic force microscope, light detection and ranging, 3D printing application, high energy lasers, retinal imaging applications, battlefield application, bio printing application and astronomy applications. On the basis of end-use industry, the global adaptive optics technology market can be divided into consumer, astronomy, military, biomedical, communication, defense, manufacturing, industrial and others. Geographically, the global adaptive optics technology market can be divided into North America, Latin America, Europe, Middle East & Africa and Asia-Pacific. The robust demand especially in the Asia Pacific region is anticipated to be one of the key driving factors for the overall growth of the global market. Moreover, China is further projected to account for the highest share in the global market and is anticipated to maintain its lead in the overall demand during the forecast period. This can be attributed to quick industrialization and rising urbanization during the past few years. The markets in other developing economies such as Brazil, Russia, Indonesia, Argentina, Poland, New Zealand, Korea and India among others are also expected to witness a rapid growth throughout the forecast period. Moreover, rising per capita disposable income and surge in the global economy is another key factor which is expected to bring impetus in the growth of the global market.

Key players effective in the global market are intent on some of the major market strategies such as mergers, partnerships, collaborations and acquisitions in order to keep hold in the ever competitive global market. Furthermore, they are focusing on gaining hold on the local players to strengthen their goodwill as well as to enhance their market reach in the global market.
Key players involved in the manufacture of adaptive optics technology systems include SCHOTT North America, Inc., Northrop Grumman Corporation, Benchmark Electronics, Inc, , Adaptive Optics Associates, Inc, HOLOEYE Photonics AG, Boston Micromachines Corporation, SacherLasertechnik GmbH, Iris AO, Inc. Synopsys’ Optical Solutions Group among others

The global adaptive optics technology market:
By components:
• Wave front sensors
• Wave front modulators
• Control systems

By Application:
• Atomic force microscope
• Light detection and ranging
• 3d printing application
• High energy lasers
• Retinal imaging applications
• Battlefield application
• Bio printing application
• Astronomy applications

By End Use:
• Consumer
• Astronomy
• Military
• Biomedical
• Communication
• Defense
• Manufacturing
• Industrial
• Others

By Region:
• North America
• Latin America
• Europe
• Middle East & Africa
• Asia-Pacific

The Leading Key Players in Adaptive Optics Technology Market

SCHOTT North America Inc.
Northrop Grumman Corporation
Benchmark Electronics Inc
Adaptive Optics Associates Inc
HOLOEYE Photonics AG
Boston Micromachines Corporation
SacherLasertechnik GmbH
Iris AO Inc.
Synopsys’ Optical Solutions Group