Regional Outlook and Trend Analysis – Adaptive optics Market, North America held over two-fifth share of the global market in 2016. Due to the massive investment in the defense infrastructure by the U.S. along with rising demand for adaptive optics applications in laser eye surgeries, U.S. accounted for the major share of North American adaptive optics market in 2016. The Asia-Pacific market will exhibit fastest growth rate during the forecast period. A significant increase in research and development activities associated to adaptive optics will facilitate the rapid growth of this market. In 2016, Japan held a significant share of the Asia-Pacific adaptive optics market due to wideapplications of adaptive optics in biomedical research and optical imaging.
Competitive Insights:
Heavy investments in research and development are set to drive the global competitive adaptive optics market. For instance, Canon has developed the new Adaptive Optics Scanning Laser Ophthalmoscope (AO-SLO) which examines eyes at a cellular level and aids in diagnosing retinal diseases at a very early stage. Some of the key players operating in this market are Iris AO Inc., Boston Micromachines Corporation, Olympus Corporation, Raytheon Company, Northrop Grumman Corporation, Canon Inc., Benchmark Electronics, Inc., Sacher Lasertechnik Gmbh, Celestron LLC and Carl Zeiss Meditec AG.
Industry Outlook and Trend Analysis:
The Adaptive Optics Market is estimated to be around $90billion by 2025. The market growth can be attributed to the varied critical applications that adaptive optics has in different sectors such as biomedical, defense and security, communication and other sectors. With technological innovations, adaptive optics components are now being designed and produced at low costs. This will contribute to the growth of adaptive optics market over the forecast period. With increase in demand for microscopy supplemented with high resolution and applications of adaptive optics in laser communications, the market will exhibit a significant growth in coming few years. Rising use of adaptive optics in retinal imaging and biomedical research operations will further fuel the market growth during the forecast period. However, high capital investment and stringent norms for regulatory compliances related to use of powerful lasers can restrain the growth of adaptive optics market.
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Application Outlook and Trend Analysis:
The defense and securitysegment held the largest share of the overall market in 2016. It is predicted to maintain this dominance over the forecast period owing to vast applications of adaptive optics in surveillance and laser based missile systems along with secure defense communication systems. Consumer devices segment will exhibit the most promising growth rate in coming few years as a result of beneficial factors such as high optical quality and a low rate of power consumption.
The Adaptive optics Market is segmented as follows-
Market Classification
Adaptive Optics Market, By Technology, Estimates and Forecast, 2016-2025 ($Million)
Wavefront Modulator
Wavefront Sensor
Control System
Adaptive Optics Market, By Application, Estimates and Forecast, 2016-2025 ($Million)
Astronomy
Biomedical
Communication
Consumer Devices
Defense and security
Manufacturing
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1) An extensive research study on the Global adaptive optics market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the adaptive optics market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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Major TOC of adaptive optics Market:
Part 4. Adaptive Optics market, By Technology
4.1. Introduction
4.2. The Adaptive Optics market Assessment and Forecast, By Technology, 2016-2025
4.3. Wavefront Modulator
4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4. Wavefront Sensor
4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.5. Control System
4.5.1.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
Part 5. Adaptive Optics Market, By Application
5.1. Introduction
5.2. Adaptive Optics market Assessment and Forecast, By Application, 2016-2025
5.2.1. Astronomy
5.2.1.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.2. Biomedical
5.2.2.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.3. Communication
5.2.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.4. Consumer Devices
5.2.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.5. Defense and Security
5.2.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.6. Manufacturing
5.2.6.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
…CONTINUED FOR TOC
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