📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)

Adaptive Optics Market to Proliferate at an Astounding CAGR of 29.43% from 2020 to 2030

Pune, India, December 2020/MRFR Press Release/- Market Research Future has published a half-cooked research report on the global Adaptive Optics Market. The market is expected to exhibit an a 29.43% CAGR from 2020 to 2030

Market Insights:
Adaptive optics (AO) technology is a rapidly growing technology with high promise, largely due to its various benefits. Used in astronomical applications, microscopy, retinal imaging systems, and optical fabrication, adaptive optics are useful in reducing optical issues by compensating for optical distortions. Primary applications of adaptive optics were in retinal imaging and have since expanded and with it its potential. Market Research Future has studied the market with care to find various growth rates and factors which impact the global adaptive optics market. Findings of the study reveal that the global adaptive optics market, which valued USD 10.13 Billion in 2020 is expected to expand at a staggering CAGR of 29.43%  during the assessment period from 2020 to 2030.

Adaptive optics offer corrections to real-time images and possibly offer sharper imaging. This has a significant impact on various industry verticals such as aerospace & defense, industrial manufacturing, healthcare, and several others. Use of AO technology and its various benefits are highly useful in these industry verticals as they provide minute details. Growing investments in research and development among the above-mentioned industry verticals are expected to have a strong impact on the market. The demand for high-resolution imaging for higher scientific learning purposes as well as growing research in the healthcare sector is a major growth factor. The increasing use of adaptive optics in astronomy and aerospace applications is also encouraging market growth.

Designs which include adaptive optics are highly complex and require high skill which is somewhat lacking, thus restraining market growth. Moreover, the high initial cost of investment is expected to impact the market in a negative manner. However, the advancement that is ongoing in the AO technology and demand for sharp and properly corrected images is likely to reveal opportunities in the coming years.

Market Segmentation:
Market components in MRFR's report have been segmented and analyzed on the basis of component, type, end-user, and region. Components of adaptive optics include mirrors, front sensors, wavefront modulator, control systems, and others.

  • Types of adaptive optics include natural guide star adaptive optics (NGAO), laser guide star adaptive optics (LGAO), multi-object adaptive optics (MOAO), multi-conjugate adaptive optics (MCAO), and ground-layer adaptive optics (GLAO).

  • End-users of adaptive optics include military & defense, manufacturing, consumer electronics, IT & telecommunication, healthcare, and others.

  • Key regions analyzed in the report include Europe, North America, Asia-Pacific, and the Rest of the World.

Regional Analysis

The growth rate for the global market is fairly considerable, and in the regional outlook, the North American market has been observed to have secured the largest share of the global market. Extensive applications for AO technology and the demand for it in the region is a key factor driving growth. North America has well-developed countries such as Canada and the US where there is a high adoption rate of advanced technologies. These countries have been some of the early adopters of adaptive optics. The strong presence of leading market players in the region has also played a part in the region’s leadership position in the global scenario.

Europe closely follows the North American market in terms of size. Europe also has several key competitors who participate in the global market, and a strong focus on R&D in the region has made it a prominent market in the global adaptive optics market. The region has a high potential for opportunities in the foreseeable future.

Key Players:
The adaptive optics market has several strong competitors who are implementing successful growth strategies which have been identified and analyzed in MRFR's report. Prominent competitors included are Benchmark Electronics Inc, Sacher Lasertechnik Gmbh, Thorlabs Inc., Boston Micromachines Corporation, Phasics Corp., Holoeye Photonics AG, Aplegen Inc., Northrop Grumman Corporation, Synopsys Optical Solution Group, Adaptive Optics Associates IncTeledyne e2v, Iris AO Inc., Adaptica S.r.l., Active Optical Systems LLC, Flexible Optical B.V., Imagine Optic SA, Edmund Optics Inc. and others.

Latest Industry News:

  • Australian Astronomical Optics consortium members - the Australian National University and Macquarie University are designing a USD 23.02 Mn adaptive optics system for one of the world's most powerful ground-based optical telescope.

  • The National Eye Institute is adopting adaptive optics and combining it with angiography to see live neurons in retinal imaging research.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Base Year 2020
Companies Covered 15
Pages 110
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.