Adaptive Optics Market - Component, Type, End-User | Adaptive Optics Industry | Market Research Future

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 2027

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

Market Overview:


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.


Adaptive optics can be termed as an advanced optical system that is used to correct the shortcomings related to issues related to the medium of transportation. These usually occur between the subject and its image. The adaptive optics make use of complex set examples of the deformable mirrors. These are used to correct any discrepancy in the image in real-time. The optics make use of distortion for the amount of the earth. However, the mirrors are controlled by either a computer or a system in order to make images sharper in nature. The image significance is much higher in many industries namely - healthcare, industrial manufacturing, defense, aerospace, and much more.


An Adaptive Optics Market is an emerging option in terms of correcting many challenges prevalent in various industries. Owing to the advancements, development, and innovations of the Adaptive Optics Industry, the market is expected to rise by the end of the forecast period of 2023. 


COVID 19 Analysis:


The global pandemic of coronavirus is an incomparable emergency related to general public health. It has harmed almost all industries so far. For some, the effects are long-term thus hampering their growth in the growth of the industries during and post the period of the pandemic. As far as the adaptive optics industry is going on, there are many types of research ongoing to form an idea related to the covid issues, as well as the paths to be undertaken from now on.


Most of the industries had low levels of production and demand owing to the imposition of lockdown during the pandemic. However, as far as the healthcare sector making use of the adaptive optics services are concerned, there has been a great generation of demand. The rest of the production and manufacturing industries are taking up ideas of launching and developing product lines in collaborations. This is the need of the hour is the generation of demand by product innovation and differentiation.


Market Dynamics:


Opportunities


The Adaptive Optics Market Trends tend to add more significance and sharpness to the images. These are gaining a lot of momentum in industries of various kinds. Also, with the use of such trends, the users are enabled to obtain details that are finer irrespective of the distance in between the subject, as well as the source. Hence, productivity is driving more individuals and companies to switch and adopt the services this market has to offer.


Challenges


There are many combinations related to the complex sets to correct the images. The working operation for the Adaptive Optics Market Size is approximate of a value of 1000 Hz. This is quite a high frequency, and hence, this is considered an enormous challenge. There are many challenges related to the vibrations as well. The modifications for the primary systems in this specific system are quite challenging and difficult.


Cumulative Growth Analysis


Owing to the steps for overcoming the challenges, people make use of secondary mirrors. Calculations back these with the help of computer skills. The adaptive optics market trends are witnessing significant growth concerning research, as well as development of these solutions in an advanced manner. Also, the healthcare sector is demanding these solutions in a huge quantum that is definitely going to help it grow as per the expectation by the end of the forecast year of 2023. There are emerging industries demanding these services like astronomy and aerospace, along with the applications for cellular imaging.


Hence, the Adaptive Optics Market Trends are making the functions for cellular imaging and image improvisation much better and driving an impeccable degree of demand. Also, finer detailing in the subjects and sources is going to help the market expansion rapidly.


Segment Overview:


The Adaptive Optics Market Size is increasing owing to innovation and demands. The market has been bifurcated into various segments. These are as follows:


Components


Based on Components, the market has its divisions like control systems, sensors, and mirrors, wavefront modulators along others. All these form major components for the variation in demand for the services.


Type


Based on Type, the market is divided into 5 main optics, namely-


Laser guide star adaptive optics (LGAO), ground-layer adaptive optics (GLAO), multi-conjugate adaptive optics (MCAO), as well as natural guide star adaptive optics (NGAO), and multi-object adaptive optics (MOAO).


End-User


There are many industries and services on the lookout for Adaptive Optics Market Trends. These are military, healthcare, defense, manufacturing and consumer electronics, IT services, telecommunications, and much more.


Region


The North American nations, European nations, countries belonging to the Asia Pacific, and the rest of the countries of the world fall under the bifurcation for regions.


Regional Analysis:


There is a good rate of growth expected for the market as per the Adaptive Optics Market Report. As per the current scenario, the North American region is dominating the world share for providing adaptive optics services. The USA and Canada are undergoing continuous advancements with relation to optics, as well as technology. It is being presumed that these nations were the first ones to switch to using Adaptive Optics. And it is working well for them. 


Following North America are the European nations. They are both investing and partnering with various firms for the presentation of integrated solutions by offering their product line to the world. Europe is seeing many opportunities lined up for it for the industries, companies, enterprises, and even the governments for the adoption of optics and expansion on a global scale.


Competitive Landscape:



  • 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 companies are witnessing mergers with different enterprises from developing geographies. There is a constant search for opportunities related to expansion. Also, they are taking many steps to research and develop new products. This will help them in getting an edge during competition and thus maintain their service line even if the competition increases.


Recent Developments:


Major dominant forces in this sector like the USA, are opting for Adaptive Optics in the healthcare sectors largely. The country’s government has realized the need for optical solutions along with its benefits in the market. Imaging optics joined hands with the EU-funded project called VOXEL. They developed a creative way to create 3D images without making use of the high doses related to the X-ray radiations. Also, TMT signed contracts with another party called CILAS. The aim behind this was to build deformable mirrors with adaptive optics systems. Astronomy, cosmetology, and astrophysics are the targeted areas for the same.


Report Overview:


The Adaptive Optics Market system is concise as per the current scenario. There are not many companies that are offering the required imagination, subject, and source solutions. However, the competition for them is on the rise. The companies that are offering sensors and software solutions along with different hardware components are increasing in size. The military and areas of defense are expected to show a good rise. The main focus is on the improvement of the functioning of energy weapons. The LCoS-SLM, as well as the MEMS deformable mirrors are expected to gain popularity and demand. The industry dealing with consumer needs and requirements is also expecting a boost. Also, the trends that are being provided by the companies along with rental services are expected to rise by the end of the forecast period of 2023. As far as the healthcare sector is concerned, the market is focusing on the processing of the material that helps to control the shape and size along with increasing the accuracy of the same.



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 1,089.6 Million (2023)
  CAGR   31.3% (2018-2023)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Component, Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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)
  Key Market Opportunities

  • The Adaptive Optics Market Trends tend to add more significance and sharpness to the images. \r\n
  • These are gaining a lot of momentum in industries of various kinds.
  •   Key Market Drivers

  • The Adaptive Optics Market Trends are making the functions for cellular imaging and image improvisation much better and driving an impeccable degree of demand. \r\n
  • Also, finer detailing in the subjects and sources is going to help the market expansion rapidly.


  • 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, 2020-2027

    7.2.2 Market Estimates & Forecast By Region, 2020-2027

    7.3 Mirrors

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast By Region, 2020-2027

    7.4 Wave Front Modulators

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.4.2 Market Estimates & Forecast By Region, 2020-2027

    7.5 Control Systems

    7.5.1 Market Estimates & Forecast, 2020-2027

    7.5.2 Market Estimates & Forecast By Region, 2020-2027

    7.6 Others

    7.6.1 Market Estimates & Forecast, 2020-2027

    7.6.2 Market Estimates & Forecast By Region, 2020-2027

    8 Adaptive Optics Market, By Type

    8.1 Introduction

    8.2 Natural Guide Star Adaptive Optics (NGAO)

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast By Region, 2020-2027

    8.3 Laser Guide Star Adaptive Optics (LGAO)

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast By Region, 2020-2027

    8.4 Multi-Conjugate Adaptive Optics (MCAO)

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast By Region, 2020-2027

    8.5 Multi-Object Adaptive Optics (MOAO)

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast By Region, 2020-2027

    8.6 Ground-Layer Adaptive Optics (GLAO)

    8.6.1 Market Estimates & Forecast, 2020-2027

    8.6.2 Market Estimates & Forecast By Region, 2020-2027

    9 Adaptive Optics Market, By End-User

    9.1 Introduction

    9.2 Healthcare

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast By Region, 2020-2027

    9.3 Military & Defense

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast By Region, 2020-2027

    9.4 Manufacturing

    9.4.1 Market Estimates & Forecast, 2020-2027

    9.4.2 Market Estimates & Forecast By Region, 2020-2027

    9.5 Consumer Electronics

    9.5.1 Market Estimates & Forecast, 2020-2027

    9.5.2 Market Estimates & Forecast By Region, 2020-2027

    9.6 IT & Telecommunication

    9.6.1 Market Estimates & Forecast, 2020-2027

    9.6.2 Market Estimates & Forecast By Region, 2020-2027

    9.7 Others

    9.7.1 Market Estimates & Forecast, 2020-2027

    9.7.2 Market Estimates & Forecast By Region, 2020-2027

    10 Adaptive Optics Market, By Region

    10.1 Introduction

    10.2 North America

    10.2.1 Market Estimates & Forecast By Country, 2020-2027

    10.2.2 Market Estimates & Forecast By Component, 2020-2027

    10.2.3 Market Estimates & Forecast By Type, 2020-2027

    10.2.4 Market Estimates & Forecast By End-User, 2020-2027

    10.2.5 US

    10.2.5.1 Market Estimates & Forecast By Component, 2020-2027

    10.2.5.2 Market Estimates & Forecast By Type, 2020-2027

    10.2.5.3 Market Estimates & Forecast By End-User, 2020-2027

    10.2.6 Mexico

    10.2.6.1 Market Estimates & Forecast By Component, 2020-2027

    10.2.6.2 Market Estimates & Forecast By Type, 2020-2027

    10.2.6.3 Market Estimates & Forecast By End-User, 2020-2027

    10.2.7 Canada

    10.2.7.1 Market Estimates & Forecast By Component, 2020-2027

    10.2.7.2 Market Estimates & Forecast By Type, 2020-2027

    10.2.7.3 Market Estimates & Forecast By End-User, 2020-2027

    10.3 Europe

    10.3.1 Market Estimates & Forecast By Country, 2020-2027

    10.3.2 Market Estimates & Forecast By Component, 2020-2027

    10.3.3 Market Estimates & Forecast By Type, 2020-2027

    10.3.4 Market Estimates & Forecast By End-User, 2020-2027

    10.3.5 Germany

    10.3.5.1 Market Estimates & Forecast By Component, 2020-2027

    10.3.5.2 Market Estimates & Forecast By Type, 2020-2027

    10.3.5.3 Market Estimates & Forecast By End-User, 2020-2027

    10.3.6 France

    10.3.6.1 Market Estimates & Forecast By Component, 2020-2027

    10.3.6.2 Market Estimates & Forecast By Type, 2020-2027

    10.3.6.3 Market Estimates & Forecast By End-User, 2020-2027

    10.3.7 UK

    10.3.7.1 Market Estimates & Forecast By Component, 2020-2027

    10.3.7.2 Market Estimates & Forecast By Type, 2020-2027

    10.3.7.3 Market Estimates & Forecast By End-User, 2020-2027

    10.3.8 Italy

    10.3.8.1 Market Estimates & Forecast By Component, 2020-2027

    10.3.8.2 Market Estimates & Forecast By Type, 2020-2027

    10.3.8.3 Market Estimates & Forecast By End-User, 2020-2027

    10.3.9 Rest Of Europe

    10.3.9.1 Market Estimates & Forecast By Component, 2020-2027

    10.3.9.2 Market Estimates & Forecast By Type, 2020-2027

    10.3.9.3 Market Estimates & Forecast By End-User, 2020-2027

    10.4 Asia-Pacific

    10.4.1 Market Estimates & Forecast By Country, 2020-2027

    10.4.2 Market Estimates & Forecast By Component, 2020-2027

    10.4.3 Market Estimates & Forecast By Type, 2020-2027

    10.4.4 Market Estimates & Forecast By End-User, 2020-2027

    10.4.5 China

    10.4.5.1 Market Estimates & Forecast By Component, 2020-2027

    10.4.5.2 Market Estimates & Forecast By Type, 2020-2027

    10.4.5.3 Market Estimates & Forecast By End-User, 2020-2027

    10.4.6 India

    10.4.6.1 Market Estimates & Forecast By Component, 2020-2027

    10.4.6.2 Market Estimates & Forecast By Type, 2020-2027

    10.4.6.3 Market Estimates & Forecast By End-User, 2020-2027

    10.4.7 Japan

    10.4.7.1 Market Estimates & Forecast By Component, 2020-2027

    10.4.7.2 Market Estimates & Forecast By Type, 2020-2027

    10.4.7.3 Market Estimates & Forecast By End-User, 2020-2027

    10.4.8 Rest Of Asia-Pacific

    10.4.8.1 Market Estimates & Forecast By Component, 2020-2027

    10.4.8.2 Market Estimates & Forecast By Type, 2020-2027

    10.4.8.3 Market Estimates & Forecast By End-User, 2020-2027

    10.5 Rest Of The World

    10.5.1 Market Estimates & Forecast By Country, 2020-2027

    10.5.2 Market Estimates & Forecast By Component, 2020-2027

    10.5.3 Market Estimates & Forecast By Type, 2020-2027

    10.5.4 Market Estimates & Forecast By End-User, 2020-2027

    10.5.5 Middle East & Africa

    10.5.5.1 Market Estimates & Forecast By Component, 2020-2027

    10.5.5.2 Market Estimates & Forecast By Type, 2020-2027

    10.5.5.3 Market Estimates & Forecast By End-User, 2020-2027

    10.5.6 Latin America

    10.5.6.1 Market Estimates & Forecast By Component, 2020-2027

    10.5.6.2 Market Estimates & Forecast By Type, 2020-2027

    10.5.6.3 Market Estimates & Forecast By End-User, 2020-2027

    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, 2020-2027

    Table 2 North America: Adaptive Optics Market, By Country, 2020-2027

    Table 3 Europe: Adaptive Optics Market, By Country, 2020-2027

    Table 4 Asia-Pacific: Adaptive Optics Market, By Country, 2020-2027

    Table 5 Middle East & Africa: Adaptive Optics Market, By Country, 2020-2027

    Table 6 Latin America: Adaptive Optics Market, By Country, 2020-2027

    Table 7 Global Adaptive Optics Type Market, By Region, 2020-2027

    Table 8 North America: Adaptive Optics Type Market, By Country, 2020-2027

    Table 9 Europe: Adaptive Optics Type Market, By Country, 2020-2027

    Table 10 Asia-Pacific: Adaptive Optics Type Market, By Country, 2020-2027

    Table 11 Middle East & Africa: Adaptive Optics Type Market, By Country, 2020-2027

    Table 12 Latin America: Adaptive Optics Type Market, By Country, 2020-2027

    Table 13 Global Adaptive Optics Component Market, By Region, 2020-2027

    Table 14 North America: Adaptive Optics Component Market, By Country, 2020-2027

    Table 15 Europe: Adaptive Optics Component Market, By Country, 2020-2027

    Table 16 Asia-Pacific: Adaptive Optics Component Market, By Country, 2020-2027

    Table 17 Middle East & Africa: Adaptive Optics Component Market, By Country, 2020-2027

    Table 18 Latin America: Adaptive Optics Component Market, By Country, 2020-2027

    Table 19 Global Adaptive Optics Consumption Market, By Region, 2020-2027

    Table 20 North America: Adaptive Optics Consumption Market, By Country, 2020-2027

    Table 21 Europe: Adaptive Optics Consumption Market, By Country, 2020-2027

    Table 22 Asia-Pacific: Adaptive Optics Consumption Market, By Country, 2020-2027

    Table 23 Middle East & Africa: Adaptive Optics Consumption Market, By Country, 2020-2027

    Table 24 Latin America: Adaptive Optics Consumption Market, By Country, 2020-2027

    Table 25 Global Adaptive Optics End-User Market, By Region, 2020-2027

    Table 26 North America: Adaptive Optics End-User Market, By Country, 2020-2027

    Table 27 Europe: Adaptive Optics End-User Market, By Country, 2020-2027

    Table 28 Asia-Pacific: Adaptive Optics End-User Market, By Country, 2020-2027

    Table 29 Middle East & Africa: Adaptive Optics End-User Market, By Country, 2020-2027

    Table 30 Latin America: Adaptive Optics End-User Market, By Country, 2020-2027


    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 2020, By Country (In %)

    FIGURE 6 Global Adaptive Optics Market, 2020-2027

    FIGURE 7 Sub-Segments Of Type

    FIGURE 8 Global Adaptive Optics Market Size, By Type, 2020

    FIGURE 9 Share Of Global Adaptive Optics Market, By Type, 2020-2027

    FIGURE 10 Global Adaptive Optics Market Size, By Component, 2020

    FIGURE 11 Share Of Global Adaptive Optics Market, By Component, 2020-2027

    FIGURE 12 Global Adaptive Optics Market Size, By Consumption, 2020

    FIGURE 13 Share Of Global Adaptive Optics Market, By Consumption, 2020-2027

    FIGURE 14 Global Adaptive Optics Market Size, By End-User, 2020

    FIGURE 15 Share Of Global Adaptive Optics Market, By End-User, 2020-2027