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Adaptive Optics Market Covid-19 Impact Analysis, Overview, Analysis, Trends and Forecasts to 2030

09-14-2022 03:14 PM CET | IT, New Media & Software

Press release from: Emergen Research

Adaptive Optics Market

Adaptive Optics Market

The global adaptive optics market size was USD 237.64 Million in 2021 and is expected to register a revenue CAGR of 8.9% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of retinal diseases and significant investments in research & development initiatives are key factors driving market revenue growth.High demand for adaptive optics-based technologies, especially from the medical sector, owing to ability of using image retina with a resolution close to diffraction limit, thereby being an effective auxiliary tools for diagnosis and examination of retinal diseases. Growing prevalence of various retinal diseases has led to rapid adoption of adaptive optics for in vivo retinal imaging. In addition, implementation of adaptive optics in ophthalmoscopes enables retinal imaging at a cellular level, thereby increasing demand for such instruments in the biomedical industry for scientific research purposes. 

Emergen Research has published a new market research report titled Global Adaptive Optics Market Forecast to 2030 comprising statistical data represented in tables, pie charts, graphs, and figures to aid in easy understanding of the market. The research report provides a comprehensive assessment of the market and provides a futuristic perspective about the market trends, growth factors, facts, and industry validated market data. It provides an in-depth assessment of market size, market share, revenue growth, along with a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. Rising investments and technological advancements are expected to significantly drive the growth of the market throughout the forecast period.

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Some Key Highlights From the Report
The wavefront sensors segment accounted for a significant revenue share in 2021 owing to provision of direct measurement of phase and intensity of optical wavefront. Increasing utilization of advanced optics in optical metrology and laser diagnostic is driving revenue growth of this segment. Shack-Hartmann Wavefront Sensor (SHWFS) is a form of wavefront sensor that combines a 2D detector with a lenslet array to measure distortion of aberrated wavefront emanating from the eye.

The microscopy segment accounted for a significant revenue share in 2021. Adaptive optics is an important technique for high resolution microscopy, correcting aberrations caused by specimen refractive index structure, which enables various application requiring images deep within biological tissue specimens.

The military & defense segment accounted for a significant revenue share in 2021. Rapid technological advancements in addition to various development of state-of-the art defense weapons as well as sophisticated guidance systems are some of the major factors driving revenue growth of this segment. High demand for adaptive optics in surveillance and biometric systems in military industry owing to provision of precise and sharp images. On 16 June 2022, HENSOLDT, a sensor solutions provider and Iveco Defence Vehicles (IDV), an Italian automotive manufacturer developed first Military Utility Vehicle (MUV) operational sensor composite vehicle, which would be presented at EUROSATORY 2022 in Paris. MUV is designed to be used in civilian and military sectors for reconnaissance and surveillance purposes as well as convoy protection and self- protection.

The North America market accounted for a significant revenue share in 2021. Increasing research & development initiatives for adaptive optics in various research centers and institutions is driving revenue growth of market. Rising military uses of adaptive optics for monitoring, surveillance, and security purposes is one of the major factor contributing to market growth in region. The U.S. Air Force Research Laboratory (AFRL) utilizes adaptive optics for detecting and capturing images of space-based objects as well as aid in tracking small and maneuverable satellite. On 28 January 2022, Space Micro, which is owned by Voyager Space, has been given a contract by U.S. Air Force AFWERX program to develop an air-to-space laser communications systems. The company is collaborating with Rhea Space Activity (RSA) and Johns Hopkins University (JHU) to develop an adaptive optics solution to transmit a laser signal through turbulence unhindered.

The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. It also offers key insights into financial standing, market reach, global position, gross profit margins, and investment and funding initiatives.

Major Players/Manufacturers profiled in the report are:

Teledyne Technologies Inc., Imagine Optic, Flexible Optical B.V., Northrop Grumman, ALPAO, Phasics S.A, Iris AO, Inc., Adaptive, Boston Micromachines Corporation, and Thorlabs, Inc.

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Emergen Research has segmented the global adaptive optics market based on component, application, end-users, and region:

Component Outlook (Revenue, USD Million; 2019-2030)
Wavefront sensors

Deformable mirrors

Control system

Application Outlook (Revenue, USD Million; 2019-2030)
Microscopy

Laser application

Ophthalmology

Others

End-Users Outlook (Revenue, USD Million; 2019-2030)
Biomedical

Military & defense

Industrial & manufacturing

Consumer electronics

Others

Regional Analysis:

The report sheds light on the region expected to dominate the Adaptive Optics market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Adaptive Optics market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

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The report further sheds light on the strength, weaknesses, opportunities, and threats faced by the companies in the global Adaptive Optics market and additionally measures the feasibility and investment return analysis in the report. Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market and covers the initial and future assessment of the COVID-19 impact on the market. The report is a qualitative and quantitative assessment of the global Adaptive Optics market that has been formulated by extensive primary and secondary research with the data further validated from industry experts and professionals.

Key Benefits of the Report:

Comprehensive analysis of the competitive scenario and its changing dynamics

Analytical data with detailed SWOT analysis and Porter's Five Forces analysis

In-depth 8 year analysis of the Global Adaptive Optics Market

Critical assessment of the key market segments

Comprehensive analysis of the drivers, restraints, trends, and opportunities

Detailed regional analysis and extensive company profiling

Extensive assessment of current and emerging trends of the market

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Thank you for reading our report. The report can be customized according to the requirements of the clients. Please get in touch with and our team will ensure the customization is as per your needs.

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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