Research and Markets - Global Adaptive Optics Market to Grow at a CAGR of 43.8%, 2017-2021 with Thorlabs, Northrop Grumman, HoloEye Photonics, Baker Adaptive Optics, Boston Micromachines &...

DUBLIN, Apr 10, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Adaptive Optics Market 2017-2021" report to their offering.

The global adaptive optics market to grow at a CAGR of 43.86% during the period 2017-2021.

The report, Global Adaptive Optics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in market is increasing installation of CCTV cameras for surveillance. The market for CCTV cameras is expanding globally, with increasing security consciousness. Technologies such as advanced IP video are driving the demand for networked systems and the Internet of Things (IoT). Higher compression standards and quicker image processing are increasing the application potential for CCTV cameras. CCTVs are widely used in the consumer and private sectors; retail and industrial locations; public, civic, and government buildings; and for both civilian and military applications for intruder alert or general crime prevention.

Further, the report states that one challenge in market is long life span of fiber lasers. Long life span of fiber lasers results in low replacement market for adaptive optics in fiber laser applications. The business of the vendors in fiber lasers market, to a large extent, depends on capital expenditures by its customers, particularly by manufacturers in the materials processing market. Though applications in the materials processing market are well-diversified, sales of these applications are cyclical and have experienced severe downturns. These cyclical sales and sudden downturns are primarily because of the fluctuations in demand for fiber lasers. These fluctuations occur mainly because of its long-life span. In the current scenario, the life span of a fiber laser is about 14 years. As a result, the market is likely to witness a reduced demand for fiber lasers, affecting the sales and profit margins of the adaptive optics in fiber laser application.

Key vendors

• Baker Adaptive Optics
• Benchmark Electronics
• Boston Micromachines
• HoloEye Photonics
• Northrop Grumman
• Sacher Lasertechnik
• Synopsys Optical Solutions Group
• Thorlabs
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by applications

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/47q48x/global_adaptive

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SOURCE Research and Markets