Adaptive Optics Technology Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Semiconductor and Electronics | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC170

Adaptive optics is a technique used to enhance the overall performance of optical systems. This is achieved by reducing the wave front distortions after performing corrections in the deformations of an incoming wave and using deformable mirrors to compensate the distortion. Adaptive optics is mostly used in astronomical telescopes and laser systems to minimize the effects of wave front distortions. Other uses of adaptive optics technology include microscopy, retinal imaging systems and optical fabrication to remove optical aberrations. Major function of adaptive optics is to improve image quality of a retinal image or other imaging systems including additive manufacturing systems or machine vision systems. The adaptive optics market is projected to witness significant growth due to factors such as increased expenditures in research and development activities especially in the optics industry as well as rising demand for adaptive optics enabled real-time product inspection techniques coupled with increased adoption of adaptive optics in biomedical sector.
 
Wave front distortion degrades the overall performance of optical systems and hence, adaptive optics systems are deployed to remove wave front distortions by correcting the deformations in the wave fronts. Adaptive optics functions on the principle distortion measurements and balances it using liquid crystal arrays. Moreover, the use of adaptive optics in machine vision and near eye displays, adaptive driver assistance systems in vehicles as well as mobile displays is a key factor fuelling the growth of global adaptive optics technology market.
 
Adaptive optics technology is finding numerous applications in various optical systems which is a key factor driving the growth of global adaptive optics technology market. Also, reduction in component prices used in adaptive optics systems owing to the technological advancements in raw material production as well as introduction of new materials such as electronically sensitive polymers, etc. is another factor fueling the growth of market. In addition, advancements in wave front interrogation and modulation offer reduced cost and increased speed which is another key element accelerating the demand for adaptive optics technology in the global market. However, various regulatory measures associated with the use of high frequency lasers coupled with high initial costs of adaptive optics systems as compared to conventional optics systems are some key factors that are hampering the growth of global adaptive optics technology market.
 
The global adaptive optics technology market can be segmented on the basis of components, applications, end-user industry and geography. By components, the global adaptive optics technology market can be segmented into wave front modulators, wave front sensors and control systems. On the basis of applications, the global adaptive optics technology market can be segmented into light detection and ranging, atomic force microscope, high energy lasers, 3D printing application, battlefield application, retinal imaging applications, astronomy applications and bio printing application. On the basis of end-user industry, the global adaptive optics technology market can be segmented into astronomy, consumer, biomedical, military, defense, communication, industrial and manufacturing and others. Geographically, the global adaptive optics technology market can be divided into North America, Latin America, Europe, Middle East & Africa and Asia-Pacific.
 
Key players in the global adaptive optics technology market are focusing on product developments by launching technologically advanced solutions to gain advantage in the ever competitive market. Key players involved in the development of adaptive optics technology include Benchmark Electronics, Inc., Schott North America, Inc., Aplegen. Inc., Northrop Grumman Corporation, Adaptive Optics Associates, Inc., HOLOEYE Photonics AG, Adaptive Eyecare Ltd., Adaptica Srl, Phasics Corp., Boston Micromachines Corporation, Baker Adaptive Optics, Synopsys’ Optical Solutions Group, Iris AO, Inc. and Sacher Lasertechnik GmbH among others.
 


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