The Worldwide Adaptive Optics Industry is Estimated to Reach $4.9 Billion by 2031 - ResearchAndMarkets.com
06 Jan 2023
DUBLIN--(BUSINESS WIRE)--The "Adaptive Optics Market By Component, By Industry Vertical, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
'Adaptive Optics Market By Component, By Industry Vertical, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031'
According to this report the adaptive optics market was valued at $494.50 million in 2021, and is estimated to reach $4.9 billion by 2031, growing at a CAGR of 25.6% from 2022 to 2031.
The report incorporates the study of the global adaptive optics market that focuses on the technique that removes the atmospheric disturbance and allows a telescope to achieve diffraction-limited imaging from the ground. Optical instruments experience errors while measuring and imaging because of distortions found in light waves.
Adaptive optics assists with invalidating these mistakes, in this way, enlightening the performance of the optical instruments. The technology works by measuring the distortions in the wavefront and compensating with a device that corrects those errors, such as a deformable mirror or a liquid crystal array.
Currently, adaptive optics is quickly picking up demand as a possibility for enhancing the performance of optical systems. For instance, in January 2020, National Science Foundation (NSF), the newest Inouye Solar 4-meter Telescope, produced the first image that uses adaptive optics to compensate for the blurring created by Earth's atmosphere.
The factors such as adoption in the field of astronomy, growing prevalence of retinal degeneration diseases, and rise in demand for high-resolution microscopy in various biomedical research operations supplement the growth of the adaptive optics market.
However, high initial cost of adaptive systems and complex design & optimization of space optical solutions are the factors expected to hamper the growth of the adaptive optics market. In addition, increasing demand for photonics enabled products to enhance system efficiency to aid growth and rising R&D investments in advanced optics technology creates market opportunities for the key players operating in the adaptive optics market.
Key Benefits
This study presents analytical depiction of the global adaptive optics market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall adaptive optics market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global adaptive optics market with a detailed impact analysis.
The current adaptive optics market is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Component
Wavefront Sensor
Wavefront Modulator
Control System
By Industry Vertical
Astronomy
Biomedical
Military Defense
Industrial Manufacturing
Others
By Application
Ophthalmology
Laser Application
Others
Microscopy
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Active optical systems
ALPAO
Baker Adaptive Optics
Boston Micromachines Corporation
Flexible Optical B.V.
Teledyne e2v
For more information about this report visit https://www.researchandmarkets.com/r/85lktd
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