28-Jul-2021 | Market Research Store
Findings from Market Research Store report “Adaptive Optics Technology Market By Component Type (Wavefront Sensor, Control System, and Wavefront Modulator), By Application (Microscopy and Ophthalmology), By End-User Industry (Consumer, Biomedical, Astronomy, Industrial & Manufacturing, Military & Defense, Communication, and Others): Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026” states that the global demand for adaptive optics technology market in 2020 was approximately USD 650 Million. The market is anticipated to grow at an exponential CAGR of 40% and is anticipated to reach around USD 6,400 Million by 2026.
Adaptive optics is a technique used in astronomy to increase the precision of optical devices by reducing the effects of wavefront distortions. For example, atmospheric radiation from a distant star or galaxy bends when it enters Earth's turbulent atmosphere, preventing telescopes on Earth from creating sharp and reliable images and removing the atmosphere's twisted effect. Adaptive optics can include a bright reference star that is near to the source being observed for astronomical purposes. The reference star is used to calculate the deformable mirror in order to correct the distortion caused by the earth's atmosphere. At night, when ideal stars aren't visible anywhere, astronomers can produce artificial stars by shooting a powerful laser beam through Earth's outer atmosphere. In addition to astronomy, adaptive technology technologies are used in a range of applications such as optical communication, laser beam shaping, laser countermeasures, and ophthalmology and vision science.
The market is being driven by the tremendous growth of adaptive optics in free-space laser networking, as well as increased research and engineering funding for incorporating adaptive optics technology into multiple applications such as ophthalmology, laser beamforming, data storage, optical communications, and microscopy. Furthermore, the global adaptive optics technology market is accelerating as a result of an increasing focus on using adaptive optics technologies for various retinal imaging and a growing need for high-resolution microscopy in a variety of biomedical studies. Furthermore, the increased emphasis on using adaptive optics for long-range target detection in military applications, as well as for data storage, is propelling the industry forward. However, technical challenges in the design of adaptive optics-based products, as well as stringent product approval regulations, have been identified as possible barriers to the global adaptive optics industry.
Adaptive optics technology was first developed for defense applications and is still widely used today. The United States continues to use adaptive optics in the production of high-energy laser systems and other applications, owing to its vast military budgets and well-developed technical defense complex. Adaptive optics technology on the 200-inch Hale Telescope in California uses a laser to precisely correct the effects of atmospheric turbulence and improve the telescope's capability. In the North American region, universities and research laboratories are still conducting extensive research on adaptive optics technologies in the healthcare sector.
On the basis of component type, the adaptive optics technology market is bifurcated into categories such as wavefront sensor, control system, and wavefront modulator. Wavefront sensors have the highest market share because they cut light into narrow beams with the aid of an array of miniature lenses called lenslets. The Shack-Hartmann Wavefront Sensor is the most widely used sensor due to its basic construction and ease of manufacture. Curvature and pyramid sensors are two other wavefront sensing techniques; but, due to their size, their use is relatively limited. Based on the application, the market could be further split into microscopy and ophthalmology. Microscopy brought in the most money. In biological microscopy, in-vivo imaging is crucial because living tissues play an important role in investigating cellular processes. The volume of light used to analyze living tissue is a big obstacle because it may destroy the sample and does not have an illuminated structure. To solve these difficulties, adaptive optics is commonly used in microscopy. The resolution, signal power, and contrast ratio can all be improved with AO. In-vivo deep-tissue imaging benefits from AO's advantages. Based on the end-user industry, astronomy has the largest market share as exoplanets have been discovered in large numbers, and their discovery has been a top priority in the science community. Due to the narrower angular spacing between these exoplanets and the external environment in which they shape and evolve, direct imaging of neighboring exoplanets and the environment in which they form and evolve is difficult. Ground-based telescopes with adaptive optics systems designed for high-contrast images are needed to meet these challenges.
Some of the key players in the adaptive optics technology market Teledyne e2v (UK) LTD, Iris AO, Inc., Active Optical Systems, LLC, Northrop Grumman Corporation, Imagine Optic SA, AgilOptics, Inc., Thorlabs, Inc., Phasics Corp., Imagine Optic SA, Hamamatsu Photonics K.K., Boston Micromachines Corporation, Alpao, Flexible Optical B.V., Imagine Eyes, Holoeye Photonics AG, Adaptica S.r.l., Baker Adaptive Optics, EOS Technologies, Inc., and CILAS, among others. To gain a credible foothold in the global economy, these multinational corporations have used a range of strategies, including purchasing alliances, shares, contracts, collaborations, joint ventures, new product launches, transactions, and mergers and acquisitions. TMT Observatory, for example, signed a contract with CILAS in June 2019 to build TMT deformable mirrors for adaptive optics systems, which will allow advances in astronomy, cosmology, and astrophysics.
Browse the full “Adaptive Optics Technology Market By Component Type (Wavefront Sensor, Control System, and Wavefront Modulator), By Application (Microscopy and Ophthalmology), By End-User Industry (Consumer, Biomedical, Astronomy, Industrial & Manufacturing, Military & Defense, Communication, and Others): Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026.” Report at https://www.marketresearchstore.com/market-insights/adaptive-optics-technology-market-828605
This report segments the adaptive optics technology market as follows:
Global Adaptive Optics Technology Market: By Component Type Segmentation Analysis:
Global Adaptive Optics Technology Market: By End-User Industry Segmentation Analysis
Global Adaptive Optics Technology Market: Regional Segmentation Analysis
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