Global Adaptive Optics Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Adaptive Optics Market By Component & End-User: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the adaptive optics market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
The major driver for adaptive optics market is increasing AO in ophthalmology and retinal imaging. Further, various adaptive optics components are being developed at low cost due to advancement in technology which are helpful for smaller observatories is anticipated to drive the adaptive optics market. Moreover, increasing demand for high resolution microscopy, growing importance for utilizing AO in free-space laser communications, and expanding research and development investments are key factors that expected to drive the market. Consistent development of professional astronomy creates better opportunity for this market in upcoming years.
However, complex designing techniques, rapid evolving technologies regarding AO and high initial cost of these systems are anticipated to hinder the market growth of adaptive optics.
This report presents a detailed evaluation of adaptive optics, which incorporates current industry situations such as market size, growth and demands, market outlook, major players with their key strategies which include investment, mergers and acquisitions, value chain analysis and porter’s evaluation. It covers the marketplace canvas and the boom opportunities in the coming years. The report has been made with an in-depth analysis along with vital inputs from the various industry professionals. The research is accomplished with both extensive primary and secondary data resources supported with either bottom up or top down approach.
The major growth factors for adaptive optics market in North American region are continuous investment to enhance AO system technologies and rising demand for adaptive optics in various military applications. However, expanding astronomical practices and increasing investment for research and development across various sectors such as, biomedical and healthcare are expected to grow this market in Asia-Pacific region in future.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global adaptive optics market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: Northrop Grumman Corporation, Iris AO Inc., Holoeye Photonics AG., Adaptica s.r.l., Hamamatsu Photonics K.K., Boston Micromachines Corp., Baker Adaptive Optics, AgilOptics, Inc., EOS Technologies, Inc., and CILAS.
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