What is Adaptive Optics?
Adoptive optics is kind of deformable mirrors which are used to correct the turbulence in earth atmosphere. It is controlled with the help of computers and helps in obtaining the sharp images of the objects. The device observes finer details of blurred astronomical objects which is hard to perceive otherwise. The advancement in the adaptive optics has led to developments of VLT and ELT systems.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Teledyne e2v Ltd (United Kingdom), NORTHROP GRUMMAN CORPORATION (United States), Thorlabs Inc. (United States), Iris Ao Inc. (United States), Adaptica S.R.L. (Italy), Active Optical Systems (United States), Flexible Optical B.V. (Netherlands), Imagine Optic Sa (France), Boston Micromachines Corporation (United States) and PHASICS CORP. (France) |
CAGR | 40.0% |
The study covers a detailed analysis segmented by key business segments i.e. by type (Natural Guide Star Adaptive Optics and Laser Guide Star Adaptive Optics) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Adaptive Optics market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Adaptive Optics market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Teledyne e2v Ltd (United Kingdom), NORTHROP GRUMMAN CORPORATION (United States), Thorlabs Inc. (United States), Iris Ao Inc. (United States), Adaptica S.R.L. (Italy), Active Optical Systems (United States), Flexible Optical B.V. (Netherlands), Imagine Optic Sa (France), Boston Micromachines Corporation (United States) and PHASICS CORP. (France).
Market Overview:
On 3rd February 2020, Thorlabs, an optical equipment company based in Newton, NJ, recently announced the acquisition of Crystalline Mirror Solutions, LLC's business assets (CMS). CMS was a startup company that specialised in low-noise reflective optics, and its technology portfolio included a UNM technology developed by Dr. Mansoor Sheik-Bahae, Distinguished Professor in the Department of Physics and Astronomy, and his team at the University of New Mexico (UNM). The technology offers a sophisticated design as a solution for fully power-scaling vertical-external-cavity surface-emitting lasers (VECSELs) while thermally managing the device. Thorlabs has now received this technology for further development.
Because of the presence of a few companies offering solutions, the market for adaptive optics systems is consolidated. However, the number of companies providing sensors, software, and other hardware components is growing, and the trend of companies providing and renting out services is expected to grow during the forecast period. Market leaders and significant players, production competencies and capacities of these companies, as well as sustainability and prospects.
Adaptive Optics Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Medicinal Use of Adaptive Optics such as Ophthalmology, Retinal Imaging and Others
- Rising Importance of Study of Remotely Located Objects
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Major Trends | - Focus on Using Lighter Materials for Optics
- Growing Space Exploration and Astrological Activities
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Restraints | - High Initial Cost of the Adaptive Optics System
- Lack of Adoption in emerging Countries Limits Its Growth
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Road Blocks / Challenges | - Need for Multidisciplinary Experts for Deployment of Adaptive Optics
- Complexity Involved in Designing of Adaptive Optics System
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Gaps & Opportunities | - Advent of Very Large Telescope (VLT) and Extremely Large Telescope (ELT) Adaptive Optics Systems
- Growing Investment in Adaptive Optics Systems
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Key highlights of the Global Adaptive Optics market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Adaptive Optics market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Adaptive Optics market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Adaptive Optics Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Adaptive Optics market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Adaptive Optics market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Raw Material and Manufacturing Equipment Suppliers, Third-party Service Providers, Communication Network Providers, Government Labs, In-house Testing Labs Centers, Original Design Manufacturers (ODMs) and Original Equipment Manufacturers (OEMs) Technology Solution Providers, Distributors and Retailers, Government Agencies, Research Organizations, Technology Standard Organizations, Forums, Alliances, and Associations, Technology Investors and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.