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Wave front distortion degrades the overall performance of optical systems and hence, adaptive optics systems are deployed to remove wave front distortions by correcting the deformations in the wave fronts. Adaptive optics functions on the principle distortion measurements and balances it using liquid crystal arrays. Moreover, the use of adaptive optics in machine vision and near eye displays, adaptive driver assistance systems in vehicles as well as mobile displays is a key factor fuelling the growth of global adaptive optics technology market.
Adaptive optics technology is finding numerous applications in various optical systems which is a key factor driving the growth of Global Adaptive Optics Technology Market. Also, reduction in component prices used in adaptive optics systems owing to the technological advancements in raw material production as well as introduction of new materials such as electronically sensitive polymers, etc. is another factor fueling the growth of market. In addition, advancements in wave front interrogation and modulation offer reduced cost and increased speed which is another key element accelerating the demand for adaptive optics technology in the global market. However, various regulatory measures associated with the use of high frequency lasers coupled with high initial costs of adaptive optics systems as compared to conventional optics systems are some key factors that are hampering the growth of global adaptive optics technology market.
The global adaptive optics technology market can be segmented on the basis of components, applications, end-user industry and geography. By components, the global adaptive optics technology market can be segmented into wave front modulators, wave front sensors and control systems. On the basis of applications, the global adaptive optics technology market can be segmented into light detection and ranging, atomic force microscope, high energy lasers, 3D printing application, battlefield application, retinal imaging applications, astronomy applications and bio printing application. On the basis of end-user industry, the global adaptive optics technology market can be segmented into astronomy, consumer, biomedical, military, defense, communication, industrial and manufacturing and others. Geographically, the global adaptive optics technology market can be divided into North America, Latin America, Europe, Middle East & Africa and Asia-Pacific.
Key players in the global adaptive optics technology market are focusing on product developments by launching technologically advanced solutions to gain advantage in the ever competitive market. Key players involved in the development of adaptive optics technology include Benchmark Electronics, Inc., Schott North America, Inc., Aplegen. Inc., Northrop Grumman Corporation, Adaptive Optics Associates, Inc., HOLOEYE Photonics AG, Adaptive Eyecare Ltd., Adaptica Srl, Phasics Corp., Boston Micromachines Corporation, Baker Adaptive Optics, Synopsys’ Optical Solutions Group, Iris AO, Inc. and Sacher Lasertechnik GmbH among others.
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