Market Survey on Adaptive Optics Market Covering Sales Outlook, Up-to-date Key Trends, Production and Consumption Statistics, Market Size and Forecast Including New and Replacement Sales, Import and Export Analysis, Installed Base Analysis, Trade Scenario Analysis, Company Share and Pricing Analysis
An In-depth Market Insights of Adaptive Optics Market including Wavefront Sensor, Wavefront Modulator, and Control System Covering 30+ Countries like United States, United Kingdom, Germany, France, Norway, Sweden, Saudi Arabia, United Arab Emirates, Japan, Korea, Australia, New Zealand, and Others
Global adaptive optics sales revenue totaled around US$ 1.1 billion at the end of 2022. Over the forecast period, demand for adaptive optics is likely to rise at 24.9% CAGR. As per the latest analysis, the global adaptive optics market size is projected to expand from US$ 1.6 billion in 2023 to US$ 14.5 billion by 2033.
The future of the worldwide adaptive optics industry looks bright with widening applications across diverse sectors. The target market is anticipated to generate an absolute $ opportunity of US$ 13.0 billion during the projection period.
Demand is likely to remain high for wavefront sensors due to their increasing usage in several adaptive optics applications. As per Future Market Insights (FMI), the wavefront sensor segment is forecast to progress at a CAGR of around 24.8% CAGR through 2033.
Key Adaptive Optics Market Shaping Factors:
High adoption of adaptive optics across sectors such as military & defense, astronomy, and communication is driving the market forward
Widening applications in ophthalmology and retinal imaging to boost global adaptive optics sales revenues through 2033
Rising incidence of retinal degeneration diseases along with escalating demand for corrective eyewear across the world is likely to uplift adaptive optics demand
Increasing demand for high-resolution microscopy in biomedical research is expected to fuel market expansion
Growing interest in space exploration to create lucrative growth prospects for adaptive optic system manufacturers
Partnerships and collaborations between adaptive optics manufacturers, researchers, and end users are contributing to market growth
Increasing popularity of adaptive optics in atmospheric monitoring and remote sensing applications might positively impact the overall market performance
Rise in ground-based astronomical telescopes is likely to fuel adaptive optics system sales
From once used only for astronomical applications to currently being employed in diverse fields, adaptive optics has come a long way since its inception. This evolving technology has changed the face of several sectors due to its ability to overcome atmospheric distortions.
Adaptive optics is an advanced technology employed for enhancing the performance of optical systems. It allows telescopes and several other optical systems to achieve higher resolutions and clearer images by correcting atmospheric turbulence or distortions in real-time.
Adaptive optics is especially gaining popularity in the field of astronomy where the clarity of images is vital for studying celestial objects accurately. Growing adoption of adaptive optics in astronomical observations is expected to drive the target market swiftly through 2033.
Incorporation of adaptive optics systems is allowing users to significantly improve the capabilities of ground-based telescopes. By using this technology, astronomers can achieve high resolutions easily.
For instance, recently Inouye Solar Telescope’s team used adaptive optics to counteract the atmospheric turbulence and other disturbances. Thus, high usage of adaptive optics in ground-based telescopes is likely to foster market expansion.
Increasing applications in military & defense sector is expected to uplift adaptive optics system demand during the forecast period.
Thanks to its ability to compensate for atmospheric distortions, adaptive optics is emerging as an ideal technology for improving performance of advanced weapons and defense systems.
Adaptive optics is being used for targeting and surveillance applications where it enhances the imaging capabilities of cameras, telescopes, and optical sensors. Adoption of this technology allows for better identification and tracking of targets, even at long distances.
In the military & defense sector, adaptive optics also finds application in laser weapons, missile defense systems, unmanned aerial vehicles (UAVs), and periscope systems. Increasing demand for these sophisticated systems is likely to bolster adaptive optics system sales.
Rising usage of adaptive optics in industrial manufacturing is set to provide a strong impetus for market growth during the assessment period.
Adaptive optics is being widely used in laser processing & micromachining operations, lithography processes, optical inspection systems, and additives manufacturing in the industrial manufacturing sector. It is helping companies to overcome optical limitations, thereby improving precision, quality, and efficiency in several processes.
Leading companies are focused on introducing novel adaptive optics solutions including MEMS deformable mirrors and Shack-Hartmann Wavefront Sensors for specific applications. It is anticipated that the development of next-generation optics systems will transform astronomy and other related fields.
Attributes
Key Insights
Estimated Global Adaptive Optics Market Value (2023)
US$ 1.6 billion
Projected Adaptive Optics Market Size (2033)
US$ 14.5 billion
Value-based CAGR (2023 to 2033)
24.9%
United States Market CAGR (2023 to 2033)
23.0%
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2018 to 2022 Adaptive Optics Sales Outlook Compared to Demand Forecast from 2023 to 2033
According to Future Market Insights’ (FMI’s) latest analysis, the global market for adaptive optics expanded at around 38.9% CAGR historically from 2018 to 2022. Total market size reached about US$ 1.1 billion at the end of 2022.
Looking ahead, global adaptive optics demand is expected to rise at a CAGR of 24.9% through 2033. The worldwide adaptive optics industry is set to generate an absolute $ opportunity of US$ 13.0 billion during the assessment period.
Growing demand for adaptive optics systems from diverse sectors such as military & defense, communication, industrial manufacturing, and astronomy is expected to drive the target market forward.
Adaptive optics is becoming an ideal technology for countering atmospheric distortions in optical systems. Usage of adaptive optics is helping end users to significantly improve the performance of optical systems.
Technological advancements in optical components such as wavefront sensors, wavefront modulators, and control systems are playing a key role in fostering market development.
Continuous advancements in adaptive optics are widening its applications across several sectors. For instance, it is now being used in defense, communication, and biomedical imaging. High adoption of adaptive optics in these applications is expected to boost the target market.
Rising need for improving performance of surveillance systems and laser weapon systems is another key factor stimulating market growth. Adaptive optics is being increasingly used in modern weapons and defense systems.
Growing prevalence of several eye diseases and adoption in ophthalmology and biomedical imaging is acting as a catalyst triggering adaptive optics system sales.
Adaptive optics is helping ophthalmologists in early disease detection and treatment monitoring by providing high-resolution imaging of eye and other biological structures. It is being used in several medical applications including retinal imaging in combination with optical coherence tomography (OCT).
Adaptive optics technology uses wavefront sensors to sense aberrations of ocular optics and compensate them through deformable mirrors. Thus, it helps to enhance retinal imaging performance.
Comparative View of Adjacent Markets
Aerospace Fiber Optics Market:
Attributes
Aerospace Fiber Optics Market
CAGR (2023 to 2033)
6.2%
Market Value (2023)
US$ 3.9 billion
Growth Factor
Increasing adoption in civil aviation, space, and defense applications is expected to drive growth in the aerospace fiber optics market.
Key Trend
Advancements in aerospace fiber optics are likely to foster market development.
Photonics Market:
Attributes
Photonics Market
CAGR (2023 to 2033)
5.8%
Market Value (2023)
US$ 911.5 billion
Growth Factor
Growing usage of photonics in several applications including displays, photovoltaics, communication, and optical components is expected to boost the market.
Key Trend
Increasing investments in photonics research to explore new application areas is likely to fuel market expansion over the projection period.
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Adaptive Optics Market Country-wise Insights:
Country
United States
Projected CAGR (2023 to 2033)
23.0%
Market Value (2033)
US$ 4.3 billion
Historical CAGR (2018 to 2022)
35.8%
Country
United Kingdom
Projected CAGR (2023 to 2033)
23.9%
Market Value (2033)
US$ 0.674 billion
Historical CAGR (2018 to 2022)
37.4%
Country
China
Projected CAGR (2023 to 2033)
26.0%
Market Value (2033)
US$ 1.2 billion
Historical CAGR (2018 to 2022)
40.8%
Country
Japan
Projected CAGR (2023 to 2033)
24.3%
Market Value (2033)
US$ 1.1 billion
Historical CAGR (2018 to 2022)
37.9%
Country
South Korea
Projected CAGR (2023 to 2033)
25.4%
Market Value (2033)
US$ 0.586 billion
Historical CAGR (2018 to 2022)
39.8%
United States Adaptive Optics Market Overview:
Rising Military & Defense Spending Boosting Sales in the United States
According to Future Market Insights (FMI), the United States adaptive optics market value is expected to reach US$ 4.3 billion by 2033. It is set to generate an absolute $ growth of about US$ 3.8 billion during the assessment period.
Historically, demand for adaptive optics in the United States grew at 35.8% CAGR. Over the projection period, the United States adaptive optics industry is anticipated to thrive at 23.0% CAGR.
Exponential growth of military & defense sector due to increasing government spending and high adoption of advanced weapons & defense systems are key factors driving the United States market.
The United States is the world’s leading country when it comes to military & defense spending. For instance, as per the EXECUTIVEGOV, the United States defense budget & military spending totaled a massive valuation of around US$ 801 billion in 2021.
The United States government is constantly looking to provide sophisticated weapons and defense systems to its forces. This has prompted it to invest in technologies such as adaptive optics which in turn is boosting the overall market revenues.
Growing demand from astronomical and biomedical applications is also expected to boost adaptive optics sales revenues in the United States through 2033.
China Adaptive Optics Market Outlook:
Growing Applications in Consumer Electronics & Industrial Manufacturing to Fuel Demand in China
China is projected to remain the most lucrative market for adaptive optics during the forecast period. This is attributable to rising adoption of adaptive optics in consumer electronics and industrial manufacturing.
As per Future Market Insights’ (FMI’s) latest analysis, China adaptive optics market is anticipated to progress at 26.0% CAGR over the forecast period in comparison to 40.8% CAGR during the historical period. By 2033, total market size in China is expected to reach US$ 1.2 billion.
Adaptive optics is gradually making its way into consumer devices such as smartphone cameras, AR & VR headsets, etc. This widening application in consumer electronics sector is expected to elevate demand for adaptive optic components such as wavefront sensors, wavefront modulators, etc in China.
Similarly, increasing usage in industrial manufacturing is expected to boost China adaptive optics industry during the assessment period.
Today, several China-based companies are incorporating adaptive optics into industrial manufacturing processes to achieve higher precision, increased efficiency, and high-quality products.Top of Form This in turn is set to improve China adaptive optics market share in the global market.
Category-wise Insights
Top Segment (Component)
Wavefront Sensors
Historical CAGR (2018 to 2022)
38.7%
Projected CAGR (2023 to 2033)
24.8%
Top Segment (End-use Industry)
Military and Defense
Historical CAGR (2018 to 2022)
38.4%
Projected CAGR (2023 to 2033)
24.7%
Ability to Correct Aberrations in Optical Systems Fueling Wavefront Sensors Demand
Based on component, the global adaptive optics industry is segmented into wavefront modulator, wavefront sensor, control system, and others. Among these, demand remains high for wavefront sensors, making it the top revenue-generating segment.
According to Future Market Insights (FMI), wavefront sensor segment grew at a stupendous CAGR of 38.7% during the historical period from 2018 to 2022. For the projection period, wavefront sensor demand is likely to rise at 24.8% CAGR.
Optical devices used for measuring & characterizing the wavefront of light, especially in telescopes, laser systems, and other optical systems are known as wavefront sensors. These devices measure distortions and send commands to deformable mirrors and control systems to counteract the distortions.
Wavefront sensors are gaining immense traction in adaptive optics systems. This is because they can help to correct aberrations and distortions in optical systems caused by factors such as imperfections in optical components and atmospheric turbulence.
Wavefront sensors are widely employed in several adaptive optics applications. For instance, they are used for several laser applications such as laser material processing and laser beam diagnostic for controlling laser beam size and shape to improve accuracy.
Wavefront sensors can significantly enhance the performance of lasers, telescopes, and other optical devices. This is due to their ability to provide feedback to adaptive optics systems so that they can adjust the shape of deformable mirrors and other elements in real-time to compensate for aberrations.
Increasing usage of wavefront sensors in applications such as laser beam control systems and astronomical observations is expected to fuel their demand during the assessment period.
Growing usage of wavefront sensing in microscopy and metrology is another key factor expected to fuel wavefront sensor sales and boost the target market.
Military and Defense Sector to Hold a Prominent Market Share through 2033
As per Future Market Insights’ (FMI) latest report, military and defense end-user sector is expected to hold a dominant share of the global adaptive optics industry through 2033. This is due to rising applications of adaptive optics in military and defense sector.
The military & defense segment witnessed a CAGR of 38.4% during the historical timeframe and for the projection period, it is likely to expand at 24.7% CAGR.
In the military & defense sector, adaptive optics is employed for myriad applications. For instance, it is used for developing sophisticated guidance systems and state-of-the-art defense weapons. Similarly, it is becoming essential in long-range target identification and tracking
Adaptive optics enhances image quality, targeting precision, and tracking accuracy in modern warfare and defense applications by compensating for atmospheric disturbances.
Adaptive optics technology is expected to play a crucial role in military sector by allowing airborne and ground-based laser weapons to reach and neutralize targets at far away distances.
Various efforts are being made to utilize adaptive optics in horizontal path surveillance systems which will further boost the target segment.
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Adaptive Optics Market Competitive Landscape
Leading adaptive optics systems manufacturers listed in the report include Northrop Grumman Corporation, Teledyne e2v, Thorlabs Inc., Boston Micromachines Corporation, Adaptica S.R.L., Active Optical Systems LLC, Iris AO, Inc., OKO Technologies, Imagine Optic Sa, and Phasics CORP among others.
These key companies are constantly investing in research & development to advance in adaptive optics. They are implementing a wide variety of strategies to improve their revenues and strengthen their market positions. These strategies include new product launches, mergers, partnerships, facility expansions, alliances, agreements, and acquisitions.
Recent developments:
In January 2023, Thorlabs Inc. announced the acquisition of JML Optical Industries, LLC, a leading custom designer and manufacturer of precision optics.
In June 2023, Teledyne Technologies introduced a new 8K wide aspect ratio CMOS image sensor called Snappy Wide. The new sensor can cover large field of view and is specifically designed for logistics applications.
In January 2020, Nanolite, a CEA-Imagine Optics joint laboratory was established. It focuses on innovative optical metrology & imaging solutions at shorter wavelengths.
In June 2018, Northrop Grumman Corporation completed the acquisition of Orbital ATK Inc.
Adaptive Optics Market Report Scope
Attribute
Details
Estimated Market Value (2023)
US$ 1.6 billion
Projected Market Value (2033)
US$ 14.5 billion
Anticipated Growth Rate (2023 to 2033)
24.9% CAGR
Historical Data
2018 to 2022
Forecast Period
2023 to 2033
Quantitative Units
Revenue in US$ Billion, Volume in Units, and CAGR from 2023 to 2033
Report Coverage
Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered
Component, End-user Industry, and Region
Regions Covered
North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East & Africa
Key Countries Covered
United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others.
Key Companies Profiled
Teledyne e2v
Northrop Grumman Corporation
Thorlabs Inc.
Iris AO, Inc.
Adaptica S.R.L.
Active Optical Systems LLC
OKO Technologies
Imagine Optic Sa
Boston Micromachines Corporation
Phasics CORP
Global Adaptive Optics Market Segmentation
By Component:
Wavefront Sensor
Wavefront Modulator
Control System
Others
By End-user Industry:
Consumer
Head-Mounted Display
Camera Lenses
Other Consumer Devices
Astronomy
Bio-Medical
Ophthamology
Biomedical Microscopy
Cell Analysis
Other Applications
Military & Defense
Laser Defense System
Biometric Security
Surveillance
Other Applications
Industrial Manufacturing
Precision Manufacturing
Machine Vision
3D Printing
Other Applications
Communication & Others
Free-Space Optical Communications
Sensing
Other Applications
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Frequently Asked Questions
Which are the Key Asian Countries in the Adaptive Optics Market?
The key Asian countries in the Adaptive Optics market are China, Japan, and South Korea.
Which Industry is the Key Consumer of the adaptive optics market?
The astronomy business is the primary consumer of adaptive optics on the market.
How much can the Adaptive Optics Market grow by 2033 in the United States?
The United States Adaptive Optics market is estimated to rise at a 23% CAGR
What is the Current Market Valuation of Adaptive Optics Market?
The current market valuation of the Adaptive Optics market is $1.6 billion.
How big will be the Adaptive Optics Market by 2033?
The market for adaptive optics is expected to reach $14.5 billion by 2033.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Billion) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Billion) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Billion) & Volume (Units) Analysis By Component, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Billion) & Volume (Units) Analysis and Forecast By Component, 2023 to 2033
5.3.1. Wavefront Sensor
5.3.2. Wavefront Modulator
5.3.3. Control System
5.3.4. Others
5.4. Y-o-Y Growth Trend Analysis By Component, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Component, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-User Industry
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Billion) & Volume (Units) Analysis By End-User Industry, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Billion) & Volume (Units) Analysis and Forecast By End-User Industry, 2023 to 2033
6.3.1. Consumer
6.3.1.1. Head-Mounted Display
6.3.1.2. Camera Lenses
6.3.1.3. Other Consumer Devices
6.3.2. Astronomy
6.3.3. Bio-Medical
6.3.3.1. Ophthamology
6.3.3.2. Biomedical Microscopy
6.3.3.3. Cell Analysis
6.3.3.4. Other Applications
6.3.4. Military & Defense
6.3.4.1. Laser Defense System
6.3.4.2. Biometric Security
6.3.4.3. Surveillance
6.3.4.4. Other Applications
6.3.5. Industrial Manufacturing
6.3.5.1. Precision Manufacturing
6.3.5.2. Machine Vision
6.3.5.3. 3D Printing
6.3.5.4. Other Applications
6.3.6. Communication & Others
6.3.6.1. Free-Space Optical Communications
6.3.6.2. Sensing
6.3.6.3. Other Applications
6.4. Y-o-Y Growth Trend Analysis By End-User Industry, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By End-User Industry, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Billion) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Billion) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East & Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. United States
8.2.1.2. Canada
8.2.2. By Component
8.2.3. By End-User Industry
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Component
8.3.3. By End-User Industry
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Component
9.2.3. By End-User Industry
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Component
9.3.3. By End-User Industry
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Component
10.2.3. By End-User Industry
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Component
10.3.3. By End-User Industry
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Component
11.2.3. By End-User Industry
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Component
11.3.3. By End-User Industry
11.4. Key Takeaways
12. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of Middle East & Africa
12.2.2. By Component
12.2.3. By End-User Industry
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Component
12.3.3. By End-User Industry
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. United States
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2023
13.1.2.1. By Component
13.1.2.2. By End-User Industry
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2023
13.2.2.1. By Component
13.2.2.2. By End-User Industry
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2023
13.3.2.1. By Component
13.3.2.2. By End-User Industry
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2023
13.4.2.1. By Component
13.4.2.2. By End-User Industry
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2023
13.5.2.1. By Component
13.5.2.2. By End-User Industry
13.6. United Kingdom
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2023
13.6.2.1. By Component
13.6.2.2. By End-User Industry
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2023
13.7.2.1. By Component
13.7.2.2. By End-User Industry
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2023
13.8.2.1. By Component
13.8.2.2. By End-User Industry
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2023
13.9.2.1. By Component
13.9.2.2. By End-User Industry
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2023
13.10.2.1. By Component
13.10.2.2. By End-User Industry
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2023
13.11.2.1. By Component
13.11.2.2. By End-User Industry
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2021
13.12.2.1. By Component
13.12.2.2. By End-User Industry
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2023
13.13.2.1. By Component
13.13.2.2. By End-User Industry
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2023
13.14.2.1. By Component
13.14.2.2. By End-User Industry
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2023
13.15.2.1. By Component
13.15.2.2. By End-User Industry
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2023
13.16.2.1. By Component
13.16.2.2. By End-User Industry
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2023
13.17.2.1. By Component
13.17.2.2. By End-User Industry
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2023
13.18.2.1. By Component
13.18.2.2. By End-User Industry
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2023
13.19.2.1. By Component
13.19.2.2. By End-User Industry
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2023
13.20.2.1. By Component
13.20.2.2. By End-User Industry
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Component
14.3.3. By End-User Industry
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Teledyne e2v
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Northrop Grumman Corporation
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Thorlabs Inc.
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Iris AO, Inc.
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Adaptica S.R.L.
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Active Optical Systems LLC
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. OKO Technologies
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Imagine Optic Sa
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Boston Micromachines Corporation
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Phasics CORP
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used17. Research Methodology
List of Tables
Table 1: Global Market Value (US$ Billion) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Billion) Forecast by Component, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Component, 2018 to 2033
Table 5: Global Market Value (US$ Billion) Forecast by End-User Industry, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by End-User Industry, 2018 to 2033
Table 7: North America Market Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ Billion) Forecast by Component, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Component, 2018 to 2033
Table 11: North America Market Value (US$ Billion) Forecast by End-User Industry, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by End-User Industry, 2018 to 2033
Table 13: Latin America Market Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 15: Latin America Market Value (US$ Billion) Forecast by Component, 2018 to 2033
Table 16: Latin America Market Volume (Units) Forecast by Component, 2018 to 2033
Table 17: Latin America Market Value (US$ Billion) Forecast by End-User Industry, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by End-User Industry, 2018 to 2033
Table 19: Europe Market Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 20: Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 21: Europe Market Value (US$ Billion) Forecast by Component, 2018 to 2033
Table 22: Europe Market Volume (Units) Forecast by Component, 2018 to 2033
Table 23: Europe Market Value (US$ Billion) Forecast by End-User Industry, 2018 to 2033
Table 24: Europe Market Volume (Units) Forecast by End-User Industry, 2018 to 2033
Table 25: Asia Pacific Market Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 26: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Asia Pacific Market Value (US$ Billion) Forecast by Component, 2018 to 2033
Table 28: Asia Pacific Market Volume (Units) Forecast by Component, 2018 to 2033
Table 29: Asia Pacific Market Value (US$ Billion) Forecast by End-User Industry, 2018 to 2033
Table 30: Asia Pacific Market Volume (Units) Forecast by End-User Industry, 2018 to 2033
Table 31: Middle East & Africa Market Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 32: Middle East & Africa Market Volume (Units) Forecast by Country, 2018 to 2033
Table 33: Middle East & Africa Market Value (US$ Billion) Forecast by Component, 2018 to 2033
Table 34: Middle East & Africa Market Volume (Units) Forecast by Component, 2018 to 2033
Table 35: Middle East & Africa Market Value (US$ Billion) Forecast by End-User Industry, 2018 to 2033
Table 36: Middle East & Africa Market Volume (Units) Forecast by End-User Industry, 2018 to 2033
List of Charts
Figure 1: Global Market Value (US$ Billion) by Component, 2023 to 2033
Figure 2: Global Market Value (US$ Billion) by End-User Industry, 2023 to 2033
Figure 3: Global Market Value (US$ Billion) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Billion) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Billion) Analysis by Component, 2018 to 2033
Figure 9: Global Market Volume (Units) Analysis by Component, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 12: Global Market Value (US$ Billion) Analysis by End-User Industry, 2018 to 2033
Figure 13: Global Market Volume (Units) Analysis by End-User Industry, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by End-User Industry, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by End-User Industry, 2023 to 2033
Figure 16: Global Market Attractiveness by Component, 2023 to 2033
Figure 17: Global Market Attractiveness by End-User Industry, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ Billion) by Component, 2023 to 2033
Figure 20: North America Market Value (US$ Billion) by End-User Industry, 2023 to 2033
Figure 21: North America Market Value (US$ Billion) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ Billion) Analysis by Component, 2018 to 2033
Figure 27: North America Market Volume (Units) Analysis by Component, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 30: North America Market Value (US$ Billion) Analysis by End-User Industry, 2018 to 2033
Figure 31: North America Market Volume (Units) Analysis by End-User Industry, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by End-User Industry, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by End-User Industry, 2023 to 2033
Figure 34: North America Market Attractiveness by Component, 2023 to 2033
Figure 35: North America Market Attractiveness by End-User Industry, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Billion) by Component, 2023 to 2033
Figure 38: Latin America Market Value (US$ Billion) by End-User Industry, 2023 to 2033
Figure 39: Latin America Market Value (US$ Billion) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ Billion) Analysis by Component, 2018 to 2033
Figure 45: Latin America Market Volume (Units) Analysis by Component, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 48: Latin America Market Value (US$ Billion) Analysis by End-User Industry, 2018 to 2033
Figure 49: Latin America Market Volume (Units) Analysis by End-User Industry, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by End-User Industry, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End-User Industry, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Component, 2023 to 2033
Figure 53: Latin America Market Attractiveness by End-User Industry, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Europe Market Value (US$ Billion) by Component, 2023 to 2033
Figure 56: Europe Market Value (US$ Billion) by End-User Industry, 2023 to 2033
Figure 57: Europe Market Value (US$ Billion) by Country, 2023 to 2033
Figure 58: Europe Market Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 59: Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Europe Market Value (US$ Billion) Analysis by Component, 2018 to 2033
Figure 63: Europe Market Volume (Units) Analysis by Component, 2018 to 2033
Figure 64: Europe Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 66: Europe Market Value (US$ Billion) Analysis by End-User Industry, 2018 to 2033
Figure 67: Europe Market Volume (Units) Analysis by End-User Industry, 2018 to 2033
Figure 68: Europe Market Value Share (%) and BPS Analysis by End-User Industry, 2023 to 2033
Figure 69: Europe Market Y-o-Y Growth (%) Projections by End-User Industry, 2023 to 2033
Figure 70: Europe Market Attractiveness by Component, 2023 to 2033
Figure 71: Europe Market Attractiveness by End-User Industry, 2023 to 2033
Figure 72: Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: Asia Pacific Market Value (US$ Billion) by Component, 2023 to 2033
Figure 74: Asia Pacific Market Value (US$ Billion) by End-User Industry, 2023 to 2033
Figure 75: Asia Pacific Market Value (US$ Billion) by Country, 2023 to 2033
Figure 76: Asia Pacific Market Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 77: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: Asia Pacific Market Value (US$ Billion) Analysis by Component, 2018 to 2033
Figure 81: Asia Pacific Market Volume (Units) Analysis by Component, 2018 to 2033
Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 84: Asia Pacific Market Value (US$ Billion) Analysis by End-User Industry, 2018 to 2033
Figure 85: Asia Pacific Market Volume (Units) Analysis by End-User Industry, 2018 to 2033
Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by End-User Industry, 2023 to 2033
Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by End-User Industry, 2023 to 2033
Figure 88: Asia Pacific Market Attractiveness by Component, 2023 to 2033
Figure 89: Asia Pacific Market Attractiveness by End-User Industry, 2023 to 2033
Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 91: Middle East & Africa Market Value (US$ Billion) by Component, 2023 to 2033
Figure 92: Middle East & Africa Market Value (US$ Billion) by End-User Industry, 2023 to 2033
Figure 93: Middle East & Africa Market Value (US$ Billion) by Country, 2023 to 2033
Figure 94: Middle East & Africa Market Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 95: Middle East & Africa Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 96: Middle East & Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: Middle East & Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: Middle East & Africa Market Value (US$ Billion) Analysis by Component, 2018 to 2033
Figure 99: Middle East & Africa Market Volume (Units) Analysis by Component, 2018 to 2033
Figure 100: Middle East & Africa Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 101: Middle East & Africa Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 102: Middle East & Africa Market Value (US$ Billion) Analysis by End-User Industry, 2018 to 2033
Figure 103: Middle East & Africa Market Volume (Units) Analysis by End-User Industry, 2018 to 2033
Figure 104: Middle East & Africa Market Value Share (%) and BPS Analysis by End-User Industry, 2023 to 2033
Figure 105: Middle East & Africa Market Y-o-Y Growth (%) Projections by End-User Industry, 2023 to 2033
Figure 106: Middle East & Africa Market Attractiveness by Component, 2023 to 2033
Figure 107: Middle East & Africa Market Attractiveness by End-User Industry, 2023 to 2033
Figure 108: Middle East & Africa Market Attractiveness by Country, 2023 to 2033
