Adaptive Optics Market scrutinized in top research report for the forecast 2017-2022 - Scalar Market Research

Adaptive Optics (AO) is a technology that is used to improve the performance of optical systems by reducing the effect of wavefront distortions. It works by correcting the deformation in the incoming wavefront by deforming a mirror to compensate the distortion caused. It is applied in laser communication systems and is also used in astronomical telescopes, microscopes, optical fabrication, and retinal imaging systems. Advanced adaptive optics are used in ophthalmology field for correcting eyewear. With so many applications, the adaptive optics market is growing at a fast pace worldwide. This report studies the current and future aspects of the adaptive optics market.

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The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the adaptive optics market. The scope of this report covers the adaptive optics market by its major segments, which include the types, applications, and the major geographic regions.

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KEY PREMIUM INDUSTRY INSIGHTS

1. The global adaptive optics market is growing at a rapid pace during the forecasted period because of increasing government funding to promote the use of adaptive optics in ophthalmology and retinal imaging applications. Adaptive Optics use sensors that have various applications such as laser beam diagnostics, laser material processing, improving accuracy, and maintaining beam shape.

2. This provides accuracy and precision to the equipment; and this is contributing towards the market growth. Adaptive optics is also used in military and defense sector for developing advanced defense weapons, and guidance systems. They also improve the effectiveness of energy weapons.

3. This feature is promoting the growth of the adaptive optics market. However, the complex designing techniques and high initial costs are some major restraining factors that are hampering the market growth..

The global adaptive optics market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor for the adaptive optics market. The region is dominant during the forecasted period because of advancement in technology and focus on innovation of new products. In addition, there is an increase in demand for adaptive optics in the field of medical and astronomical applications which is creating newer growth opportunities for the market. Next in line is the Asia Pacific region which is witnessing a rapid market growth due to increasing applications of adaptive optics in countries like India and China.

KEY MARKET PLAYERS

Key players in the adaptive optics market include:

1. Teledyne e2v (UK) Ltd
2. NORTHROP GRUMMAN CORPORATION
3. Thorlabs, Inc.
4.0 Iris Ao, Inc.
5. Adaptica S.R.L.
6. Active Optical Systems, LLC
7. Flexible Optical B.V.
8. Imagine Optic Sa
9. Boston Micromachines Corporation
10. PHASICS CORP.

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