Adaptive Optics Market Research Report- Global Forecast to 2023

Global Adaptive Optics Market, by Component (Wave Front Sensors, Mirrors, Wave Front Modulator), Type (Natural Guide Star Adaptive Optics, Laser Guide Star Adaptive Optics), End-User (Healthcare, Military & Defense, Manufacturing) — Forecast till 2023

ID: MRFR/ICT/0697-HCR | February 2021 | Region: Global | 110 pages

Market Synopsis


The global adaptive optics market was valued at USD 215.7 million in 2017 and is expected to reach USD 1,089.6 million in 2023 with a staggering CAGR of 31.3%.


Adaptive optics is an advanced optical system which is used to correct the caused in the transportation medium between the subject and image, providing sharper images to the user. Adaptive optics use a combination of complex sets of deformable mirrors for correcting the images in real-time by distortion from the earth’s atmosphere. The mirrors are however, controlled by a system or a computer to get possibly sharper images. The significance of these images is higher in various industry verticals such as aerospace & defense, healthcare, and industrial manufacturing. Adaptive optics solutions enable the user to obtain finer details of the subject located far from the source.


The operation of working for adaptive optics is nearly about 1000 Hz. At this frequency, it becomes a challenge to modify the primary mirror used in the system. To overcome the challenges of vibrations, another secondary mirror is used in addition to other optical components. These mirrors are backed up by computers for calculation. One of the major growth factors driving the adaptive optics market include the growing investment in research and development of optical solutions and advanced optics. In addition, the growing demand for adaptive optics in the healthcare sector and higher usage of adaptive optics in astronomy, aerospace, and cellular imaging applications is fueling the market growth.


Segmentation


By component, the market is segmented into wave front sensors, mirrors, wave front modulator, control systems, and others.


By type, the market is segmented into natural guide star adaptive optics (NGAO), laser guide star adaptive optics (LGAO), multi-conjugate adaptive optics (MCAO), multi-object adaptive optics (MOAO), ground-layer adaptive optics (GLAO).


By end-user, the market is segmented into healthcare, military & defense, manufacturing, consumer electronics, IT & telecommunication, and others.


By region, the market is segmented into North America, Europe, Asia-Pacific, and rest of the world.


Regional analysis


The global market for adaptive optics is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The regional analysis of adaptive optics market is studied for North America, Europe, Asia-Pacific, and the rest of the world. Among these regions, North America is dominatintg the market due to extensive application scope of adaptive optics in various industries. In North America, the major market share is captured by countries like the US and Canda owing to continous advancement in optics and related technology. These countries are presumed to be the early adopters of adaptive optics solutions in North America and globally. Moreover, the healthcare sector in the United States is advancing at a rapid pace and the use of optics in healthcare applications have also increased. Additionally, the governments in these countries have identified the need for efficient optical solutions that would benefit various industrial verticals operating in this market.


On the other hand, Europe closely follows North America in adoption of adaptive optic solutions. Many companies in Europe are investing and partenering with leading optics enterprises to have an integrated solution with their product line-up. Adaptive optics present a potential opportunity for various enterprises, industries, and governments in Europe.


Global Adaptive Optics Market Size, USD Million
Adaptive Optics Market


Source: MRFR Analysis


The global adaptive optics market is expected to reach USD 1,089.6 million with a growing compound annual growth rate (CAGR) of 31.3% during the forecast period 2018–2023.


Key players


The prominent players in the adaptive optics market are — Aplegen Inc. (US), Benchmark Electronics Inc. (US), Boston Micromachines Corporation (US), Holoeye Photonics AG (Germany), Thorlabs Inc. (US), Northrop Grumman Corporation (US), Phasics Corp. (France), Synopsys Optical Solution Group (US), Adaptive Optics Associates Inc. (US), Sacher Lasertechnik Gmbh (Germany). These players focus on expanding their market reach into emerging geographies by merging with companies operating locally in these regions.


Other players in the adaptive optics market include Teledyne e2v (UK) Ltd (UK), Iris AO Inc. (US), Adaptica S.r.l. (Italy), Active Optical Systems LLC (US), Flexible Optical B.V. (Netherlands), Imagine Optic SA (France), Edmund Optics Inc. (US). These players majorly focus on research and development to innovate new products and enhance its performance enabling them to stay competitive in the adaptive optics market.


Intended Audience



  • Technology Investors

  • Research/Consultancy Firms

  • Original Equipment Manufacturers (OEMs)

  • Research Organizations and Consulting Companies

  • Optical solution providers

  • Optical Component Manufacturers

  • Smart City Solution Providers

  • Government

  • System Integrators



Frequently Asked Questions (FAQ) :


Adaptive optics refer to an advanced optical system that help correct the issue within the transportation medium between the image and the subject, offering sharper images to the user.

Healthcare, industrial manufacturing and aerospace & defense and others make the highest demand for adaptive optics.

Increasing investments in research and development of advanced optics combined with the mounting demand for adaptive optics within the healthcare sector are fostering the market growth.

High initial cost of investment and lack of high skills to design adaptive optics are the top barriers in the market.

The types of adaptive optics are laser guide star adaptive optics (LGAO), multi-conjugate adaptive optics (MCAO), natural guide star adaptive optics (NGAO), ground-layer adaptive optics (GLAO) and multi-object adaptive optics (MOAO), among others.

TABLE OF CONTENTS
1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Objectives

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Adaptive Optics Market

5 Market Landscape

5.1 Introduction

5.2 Growth Drivers

5.3 Restraints

5.4 Opportunities

5.5 Market Challenges

6 Market Trends

6.1 Growth Trends

6.2 Impact Analysis

7 Adaptive Optics Market, by Component

7.1 Introduction

7.2 Wave front Sensors

7.2.1 Market Estimates & Forecast, 2018–2023

7.2.2 Market Estimates & Forecast by Region, 2018–2023

7.3 Mirrors

7.3.1 Market Estimates & Forecast, 2018–2023

7.3.2 Market Estimates & Forecast by Region, 2018–2023

7.4 Wave front Modulators

7.4.1 Market Estimates & Forecast, 2018–2023

7.4.2 Market Estimates & Forecast by Region, 2018–2023

7.5 Control Systems

7.5.1 Market Estimates & Forecast, 2018–2023

7.5.2 Market Estimates & Forecast by Region, 2018–2023

7.6 Others

7.6.1 Market Estimates & Forecast, 2018–2023

7.6.2 Market Estimates & Forecast by Region, 2018–2023

8 Adaptive Optics Market, by Type

8.1 Introduction

8.2 Natural Guide Star Adaptive Optics (NGAO)

8.2.1 Market Estimates & Forecast, 2018–2023

8.2.2 Market Estimates & Forecast by Region, 2018–2023

8.3 Laser Guide Star Adaptive Optics (LGAO)

8.3.1 Market Estimates & Forecast, 2018–2023

8.3.2 Market Estimates & Forecast by Region, 2018–2023

8.4 Multi-Conjugate Adaptive Optics (MCAO)

8.4.1 Market Estimates & Forecast, 2018–2023

8.4.2 Market Estimates & Forecast by Region, 2018–2023

8.5 Multi-Object Adaptive Optics (MOAO)

8.5.1 Market Estimates & Forecast, 2018–2023

8.5.2 Market Estimates & Forecast by Region, 2018–2023

8.6 Ground-Layer Adaptive Optics (GLAO)

8.6.1 Market Estimates & Forecast, 2018–2023

8.6.2 Market Estimates & Forecast by Region, 2018–2023

9 Adaptive Optics Market, by End-User

9.1 Introduction

9.2 Healthcare

9.2.1 Market Estimates & Forecast, 2018–2023

9.2.2 Market Estimates & Forecast by Region, 2018–2023

9.3 Military & Defense

9.3.1 Market Estimates & Forecast, 2018–2023

9.3.2 Market Estimates & Forecast by Region, 2018–2023

9.4 Manufacturing

9.4.1 Market Estimates & Forecast, 2018–2023

9.4.2 Market Estimates & Forecast by Region, 2018–2023

9.5 Consumer Electronics

9.5.1 Market Estimates & Forecast, 2018–2023

9.5.2 Market Estimates & Forecast by Region, 2018–2023

9.6 IT & Telecommunication

9.6.1 Market Estimates & Forecast, 2018–2023

9.6.2 Market Estimates & Forecast by Region, 2018–2023

9.7 Others

9.7.1 Market Estimates & Forecast, 2018–2023

9.7.2 Market Estimates & Forecast by Region, 2018–2023

10 Adaptive Optics Market, by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast by Country, 2018–2023

10.2.2 Market Estimates & Forecast by Component, 2018–2023

10.2.3 Market Estimates & Forecast by Type, 2018–2023

10.2.4 Market Estimates & Forecast by End-User, 2018–2023

10.2.5 US

10.2.5.1 Market Estimates & Forecast by Component, 2018–2023

10.2.5.2 Market Estimates & Forecast by Type, 2018–2023

10.2.5.3 Market Estimates & Forecast by End-User, 2018–2023

10.2.6 Mexico

10.2.6.1 Market Estimates & Forecast by Component, 2018–2023

10.2.6.2 Market Estimates & Forecast by Type, 2018–2023

10.2.6.3 Market Estimates & Forecast by End-User, 2018–2023

10.2.7 Canada

10.2.7.1 Market Estimates & Forecast by Component, 2018–2023

10.2.7.2 Market Estimates & Forecast by Type, 2018–2023

10.2.7.3 Market Estimates & Forecast by End-User, 2018–2023

10.3 Europe

10.3.1 Market Estimates & Forecast by Country, 2018–2023

10.3.2 Market Estimates & Forecast by Component, 2018–2023

10.3.3 Market Estimates & Forecast by Type, 2018–2023

10.3.4 Market Estimates & Forecast by End-User, 2018–2023

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast by Component, 2018–2023

10.3.5.2 Market Estimates & Forecast by Type, 2018–2023

10.3.5.3 Market Estimates & Forecast by End-User, 2018–2023

10.3.6 France

10.3.6.1 Market Estimates & Forecast by Component, 2018–2023

10.3.6.2 Market Estimates & Forecast by Type, 2018–2023

10.3.6.3 Market Estimates & Forecast by End-User, 2018–2023

10.3.7 UK

10.3.7.1 Market Estimates & Forecast by Component, 2018–2023

10.3.7.2 Market Estimates & Forecast by Type, 2018–2023

10.3.7.3 Market Estimates & Forecast by End-User, 2018–2023

10.3.8 Italy

10.3.8.1 Market Estimates & Forecast by Component, 2018–2023

10.3.8.2 Market Estimates & Forecast by Type, 2018–2023

10.3.8.3 Market Estimates & Forecast by End-User, 2018–2023

10.3.9 Rest of Europe

10.3.9.1 Market Estimates & Forecast by Component, 2018–2023

10.3.9.2 Market Estimates & Forecast by Type, 2018–2023

10.3.9.3 Market Estimates & Forecast by End-User, 2018–2023

10.4 Asia-Pacific

10.4.1 Market Estimates & Forecast by Country, 2018–2023

10.4.2 Market Estimates & Forecast by Component, 2018–2023

10.4.3 Market Estimates & Forecast by Type, 2018–2023

10.4.4 Market Estimates & Forecast by End-User, 2018–2023

10.4.5 China

10.4.5.1 Market Estimates & Forecast by Component, 2018–2023

10.4.5.2 Market Estimates & Forecast by Type, 2018–2023

10.4.5.3 Market Estimates & Forecast by End-User, 2018–2023

10.4.6 India

10.4.6.1 Market Estimates & Forecast by Component, 2018–2023

10.4.6.2 Market Estimates & Forecast by Type, 2018–2023

10.4.6.3 Market Estimates & Forecast by End-User, 2018–2023

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast by Component, 2018–2023

10.4.7.2 Market Estimates & Forecast by Type, 2018–2023

10.4.7.3 Market Estimates & Forecast by End-User, 2018–2023

10.4.8 Rest of Asia-Pacific

10.4.8.1 Market Estimates & Forecast by Component, 2018–2023

10.4.8.2 Market Estimates & Forecast by Type, 2018–2023

10.4.8.3 Market Estimates & Forecast by End-User, 2018–2023

10.5 Rest of the World

10.5.1 Market Estimates & Forecast by Country, 2018–2023

10.5.2 Market Estimates & Forecast by Component, 2018–2023

10.5.3 Market Estimates & Forecast by Type, 2018–2023

10.5.4 Market Estimates & Forecast by End-User, 2018–2023

10.5.5 Middle East & Africa

10.5.5.1 Market Estimates & Forecast by Component, 2018–2023

10.5.5.2 Market Estimates & Forecast by Type, 2018–2023

10.5.5.3 Market Estimates & Forecast by End-User, 2018–2023

10.5.6 Latin America

10.5.6.1 Market Estimates & Forecast by Component, 2018–2023

10.5.6.2 Market Estimates & Forecast by Type, 2018–2023

10.5.6.3 Market Estimates & Forecast by End-User, 2018–2023

11 Competitive Landscape

12 Company Profiles

12.1 Aplegen Inc.

12.1.1 Company Overview

12.1.2 Financial Updates

12.1.3 Product/Business Segment Overview

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.1.6 Key Strategy

12.2 Benchmark Electronics Inc.

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.2.6 Key Strategy

12.3 Boston Micromachines Corporation

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.3.5 SWOT Analysis

12.3.6 Key Strategy

12.4 Holoeye Photonics AG

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.4.5 SWOT Analysis

12.4.6 Key Strategy

12.5 Thorlabs Inc.

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.5.6 Key Strategy

12.6 Northrop Grumman Corporation

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.6.6 Key Strategy

12.7 Phasics Corp.

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.7.6 Key Strategy

12.8 Synopsys Optical Solution Group

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.8.6 Key Strategy

12.9 Adaptive Optics Associates Inc.

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.9.6 Key Strategy

12.10 Sacher Lasertechnik Gmbh

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.10.6 Key Strategy

13 Conclusion 

LIST OF TABLES
Table 1 Adaptive Optics Market, by Region, 2018–2023

Table 2 North America: Adaptive Optics Market, by Country, 2018–2023

Table 3 Europe: Adaptive Optics Market, by Country, 2018–2023

Table 4 Asia-Pacific: Adaptive Optics Market, by Country, 2018–2023

Table 5 Middle East & Africa: Adaptive Optics Market, by Country, 2018–2023

Table 6 Latin America: Adaptive Optics Market, by Country, 2018–2023

Table 7 Global Adaptive Optics Type Market, by Region, 2018–2023

Table 8 North America: Adaptive Optics Type Market, by Country, 2018–2023

Table 9 Europe: Adaptive Optics Type Market, by Country, 2018–2023

Table 10 Asia-Pacific: Adaptive Optics Type Market, by Country, 2018–2023

Table 11 Middle East & Africa: Adaptive Optics Type Market, by Country, 2018–2023

Table 12 Latin America: Adaptive Optics Type Market, by Country, 2018–2023

Table 13 Global Adaptive Optics Component Market, by Region, 2018–2023

Table 14 North America: Adaptive Optics Component Market, by Country, 2018–2023

Table 15 Europe: Adaptive Optics Component Market, by Country, 2018–2023

Table 16 Asia-Pacific: Adaptive Optics Component Market, by Country, 2018–2023

Table 17 Middle East & Africa: Adaptive Optics Component Market, by Country, 2018–2023

Table 18 Latin America: Adaptive Optics Component Market, by Country, 2018–2023

Table 19 Global Adaptive Optics Consumption Market, by Region, 2018–2023

Table 20 North America: Adaptive Optics Consumption Market, by Country, 2018–2023

Table 21 Europe: Adaptive Optics Consumption Market, by Country, 2018–2023

Table 22 Asia-Pacific: Adaptive Optics Consumption Market, by Country, 2018–2023

Table 23 Middle East & Africa: Adaptive Optics Consumption Market, by Country, 2018–2023

Table 24 Latin America: Adaptive Optics Consumption Market, by Country, 2018–2023

Table 25 Global Adaptive Optics End-User Market, by Region, 2018–2023

Table 26 North America: Adaptive Optics End-User Market, by Country, 2018–2023

Table 27 Europe: Adaptive Optics End-User Market, by Country, 2018–2023

Table 28 Asia-Pacific: Adaptive Optics End-User Market, by Country, 2018–2023

Table 29 Middle East & Africa: Adaptive Optics End-User Market, by Country, 2018–2023

Table 30 Latin America: Adaptive Optics End-User Market, by Country, 2018–2023

LIST OF FIGURES
FIGURE 1 Global Adaptive Optics Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Adaptive Optics Market

FIGURE 4 Value Chain of Global Adaptive Optics Market

FIGURE 5 Share of Global Adaptive Optics Market in 2017, by Country (in %)

FIGURE 6 Global Adaptive Optics Market, 2018–2023

FIGURE 7 Sub-segments of Type

FIGURE 8 Global Adaptive Optics Market Size, by Type, 2017

FIGURE 9 Share of Global Adaptive Optics Market, by Type, 2018 to 2023

FIGURE 10 Global Adaptive Optics Market Size, by Component, 2017

FIGURE 11 Share of Global Adaptive Optics Market, by Component, 2018 to 2023

FIGURE 12 Global Adaptive Optics Market Size, by Consumption, 2017

FIGURE 13 Share of Global Adaptive Optics Market, by Consumption, 2018 to 2023

FIGURE 14 Global Adaptive Optics Market Size, by End-User, 2017

FIGURE 15 Share of Global Adaptive Optics Market, by End-User, 2018 to 2023