Adaptive Optics Market by Component, by Industry Vertical, by Application : Global Opportunity Analysis and Industry Forecast, 2022-2031

PORTLAND, OR, UNITED STATES, September 20, 2023/EINPresswire.com/ -- Allied Market Research recently published a report, titled, "Adaptive Optics Market by Component (Wavefront Sensor, Wavefront Modulator, Control System), by Industry Vertical (Astronomy, Biomedical, Military & Defense, Industrial & Manufacturing, Others), by Application (Ophthalmology, Microscopy, Laser Application, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." As per the report, the global adaptive optics industry was estimated at $494.5 million in 2021, and is set to reach $4.9 billion by 2031, growing at a CAGR of 25.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Drivers, restraints, and opportunities

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.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 : 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.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- 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.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/4152

Major market players

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.

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

Wireless Electric Vehicle Charging Market : https://www.alliedmarketresearch.com/wireless-electric-vehicle-charging-market

Electric Vehicle Charging Station Market : https://www.alliedmarketresearch.com/electric-vehicle-charging-station-market-A17391

Brake and Steer By Wire Market : https://www.alliedmarketresearch.com/brake-and-steer-by-wire-market-A17237

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.