Adaptive Optics Technology Market - Growth, Trends, Forecast, Demand, Outlook, Market Research Report 2020

Adaptive optics is a technology which is used for the improvement in the performance of the optical systems. Wavefront distortion is the effect in optical systems responsible for degrading the performance of the optical systems. Thus, adaptive systems reduce wavefront distortions by correcting the deformations in the wavefronts. Adaptive optics technology is mostly used in the laser communication systems and astronomical telescopes to reduce the effects of atmospheric distortion. In optical fabrications, retinal imaging systems and microscopy adaptive optics are used to remove optical aberrations. Adaptive optics works on the principle of measuring the distortions in wavefront and balancing it with a device such as liquid crystal array or deformable mirror. Astronomy and retinal imaging are the two major applications of adaptive optics technology. Whereas, use of adaptive optics is being observed in new applications such as adaptive driver assistance systems (ADAS) in automobiles, mobile displays, machine vision and near eye displays.

Adaptive optics consists of atmospheric turbulence, correcting turbulence, wavefront sensors, laser guide stars and multi conjugate adaptive optics. Adaptive optics is being used in the advance display systems and smart communication operating systems. Head mounted display (HMD) and virtual retinal display (VRD) are some new applications of adaptive optics holding further scope for development in coming years. Use of adaptive optics technology is expected to increase in sectors such as logistics, communication and security. Autologous cell therapy (ACT) is new application of adaptive optics in medical industry.

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Adaptive optics technology is finding its use in numerous new applications which is acting as a driving factor for this market. The prices of components used in adaptive optics are reducing dramatically owing to the advancements in material technology and development of other materials and electrically sensitive polymer. Thus, the reduced cost of components would lead to improved adoption of adaptive optics across dfferent end-use sectors. Advancements in the modulation and interrogation of a wavefront offer increased speed and reduced cast leading to the growth in demand for adaptive optics technology market. However, there are several regulatory issues associated with the use of lasers especially to high frequency lasers. Further, the initial cost of adaptive optics is high as compared to traditional optics. These factors are restraining the growth of global adaptive optics technology market.

Global adaptive optics technology market is segmented in the basis of application, end use industry and geography. Adaptive optics technology finds its use in many applications such as atomic force microscope, light detection and ranging (LIDAR) and high energy laser (HEL), battlefield applications, 3D printing application, bio-printing, retinal imaging applications and astronomy applications. Further, on the basis of end-use industry adaptive optics technology market is segmented into military and defense, medical, industrial and consumer industry.

Northrop Grumman Corporation, Benchmark Electronics, Inc., HOLOEYE Photonics AG, Aplegen. Inc., Adaptive Optics Associates, Inc., Adaptica Srl, Adaptive Eyecare Ltd., Baker Adaptive Optics, Phasics Corp., Boston Micromachines Corporation, Iris AO, Inc., Synopsys’ Optical Solutions Group, SCHOTT North America, Inc. and Sacher Lasertechnik GmbH, among others are some of the major players in global adaptive optics market.

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