Adaptive Optics Market to generate strong growth by 2016-2024

Global Adaptive Optics Market: Overview

The efficiency of an optical system is improved by reducing the wavefront distortion effects by using the technology called adaptive optics. The adaptive optics corrects the deformation of a coming wavefront by defacing the mirror for compensating the distortion. Wavefront sensor, control system, and wavefront modulators are different technologies used in the adaptive optics. Adaptive optics are used in various applications in different sectors such as defense and security, manufacturing, communication, biomedical, astronomy, and consumer devices.

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Global Adaptive Optics Market: Segmentation

The global adaptive optics market is segmented into its type, components, end-user, and regions. On the basis of type, the adaptive optics market is classified into laser guide star adaptive optics, multi-object adaptive optics, natural guide star adaptive optics, multi-conjugate adaptive optics, ground-layer adaptive optics and others. Based on the components, the adaptive optics market is categorized into wavefront modulators, control systems, and wavefront sensors. The market is segmented on the basis of the end-user industry as astronomy, military, and defense, communication, consumer goods, biomedical, industrial and manufacturing and others. The adaptive optics market is diversified into regions such as North America, Europe, Asia-Pacific and Rest of the World.

Global Adaptive Optics Market: Growth Factors

New research and huge investments are being initiated by the government to develop the optics industry, which acts as a major factor for the growth of the adaptive optics market. There is a huge demand from the sectors such as astronomy, medical sector, and cellular imaging sectors. Low cost of adaptive optic components owing to the development in the technology is predicted to trigger the market growth in the coming years. There has been a rapid growth in the aging population, which in turn has increased the growth of retinal imaging treatments and ophthalmology; this, in turn, has triggered the adaptive optics market growth. The factor that hampers the growth of the market is the high cost involved in the health treatment owing to the tax reforms. Adaptive optics technology involves usage of high-frequency lasers in the lower atmosphere; the usage of these powerful lasers is being regulated which also act as a hindrance to the market growth.

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Global Adaptive Optics Market: Regional Analysis

North America dominates the global adaptive optics market. Growth in the healthcare industry has contributed to the adaptive optics market growth. The rise in the industrialization triggered the adaptive optics market in the Asia Pacific region. The European market is also expected to grow in the coming years.

Global Adaptive Optics Market: Competitive Players

Some of the key market players operating in the adaptive optics market include Northrop Grumman Corporation, Olympus Corp., Adaptica SRL, Raytheon Co., Synopsys Optical Solution Group, Carl Zeiss Meditec AG, Sacher Lasertechnik GmbH, Benchmark Electronics, Inc., Bakers Adaptive Optics, and IRIS AO, Inc. Other major players dominating the global market are Boston Micromachines Corporation, Phasics Corp., Canon Inc., SCHOTT North America, Inc., Celestron LLC, HoloEye Photonics AG., Adaptive Optics Associates, Inc., Aplegen Inc., and Adaptive Eyecare Ltd.

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Global Adaptive Optics Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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