Press release
Adaptive Optics Market has a CAGR of 25.6% and Reach USD 4.9 Billion by 2031
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ถ๐๐ฒ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐
Surge in cases of retinal degenerative disorders and growing demand for adaptive optics in astronomical activities boost the growth of the global adaptive optics market. Moreover, increase in demand for high-resolution microscopy in various biomedical research operations aids the growth of the global market. However, huge initial costs of adaptive systems and complex design along with optimization of space optical solutions are a few factors that can hinder the growth of the global market. Nevertheless, escalating demand for photonics-based products and a rise in research and development activities in advanced optics technology are predicted to generate new growth avenues for the global market.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-sample/4152
Covid-19 scenario:
The COVID-19 pandemic adversely affected the expansion of the global adaptive optics market due to supply chain interruption.
Temporary halt of the production activities related to adaptive optics due to lockdown during the COVID-19 pandemic outbreak impacted the growth of the global market.
The wavefront modulator segment to dominate the global market in terms of revenue in 2031
Based on the type, the wavefront sensor segment contributed to the highest market share in 2021, accounting for nearly two-fifths of the global adaptive optics market share.
However, the wavefront modulator segment is predicted to contribute majorly toward an overall market share in 2031, contributing more than one-third of the global market share.
Furthermore, this segment is also likely to register the highest CAGR of nearly 27.0 % during the forecast timeline. The growth of the wavefront modulator segment over the forecast period can be attributed to the wide application of wavefront modulators in optical information processing systems. The report also includes other segments such as the control system.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/adaptive-optics-market/purchase-options
The military & defense segment to hold the major market share from 2022 to 2031
On basis of the industry vertical, the military & defense segment contributed to the highest market share in 2021, accounting for more than one-third of the global adaptive optics market share. Reportedly, this segment is predicted to contribute majorly toward an overall market share in 2031. The segmental growth over the forecast timeline can be attributed to the extensive application of adaptive optics in the military & defense sector as the adaptive optics to improve the performance of laser-based weapon systems. The report also analyzes other segments such as astronomy, biomedical, industrial & manufacturing, and others segments.
The microscopy segment to dominate the global market by 2031
In terms of the application, the microscopy segment contributed to the highest market share in 2021, accounting for nearly one-third of the global adaptive optics market share. Reportedly, this segment is predicted to contribute majorly toward an overall market share in 2031. The expansion of this segment over the forecast timeline is owing to large-scale use of adaptive optics in high-resolution microscopy. The report also includes other segments such as Ophthalmology, Laser Application, and Others.
North America to retain global market domination over 2022-2031
By Region, North America contributed notably toward an overall market share in 2021, and is projected to continue its dominance during the forecast period. The region accounted for more than two-fifths of the global adaptive optics market share in 2021. The region is projected to dominate the global market even in 2031. The growth of the market in the region over the forecast timespan can be credited to the increased presence of numerous companies operating across North America. In addition, the key players operating across the industry in North America are offering advanced adaptive optics systems to be used across defense, astronomy, medical, manufacturing, and other industries. However, the Asia-Pacific region is anticipated to record the fastest CAGR of 29.0% from 2022 to 2031. The growth of the regional market over the forecast period can be attributed to the approval of adaptive optics devices in countries such as China, Japan, India, and South Korea. Furthermore, increasing acceptance of adaptive optics for retinal imaging is anticipated to fuel the adaptive optics market in this region. The report also analyzes other segments including LAMEA and Europe.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/4152
๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐
Active Optical Systems LLC
Adaptica Srl
Aka Optics SAS
ALPAO
Baker Adaptive Optics
Benchmark Electronics, Inc.
Boston Micromachines Corporation
Edmund Optics Inc.
Electro Optic Systems Pty Ltd.
Flexible Optical B.V.
Imagine Optic
Iris AO, Inc.
Northrop Grumman Corporation
Phasics SA
Synopsys, Inc.
Teledyne e2v
Thorlabs, Inc.
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