Spatial Light Modulator Market is expected to reach USD 553 Million by 2027 with a CAGR of 15%


Posted November 1, 2019 by rahulwgr123

Spatial Light Modulator Market Research Report, By Type (Electrically Addressed SLM (Liquid Crystal EASLM and Deformable Mirror), by Application, By Industry Electronics and Others, and By Regions by Regional Forecast to 2023

 
Spatial Light Modulator Market – Overview

The information technology sector and the construction sector have been to two central forces shaping the growth of spatial modulators globally. Market reports linked to the semiconductors and electronics industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The market is projected to achieve USD 616.8 billion in incomes while advancing at a CAGR of 13.8% by the end of the forecast period by 2023.

The market for spatial light modulators has gained significant traction due to the growth in demand for high-resolution displays. Moreover, the use of spatial light modulators in beam shaping, holographic data storage and optical correlators among others is expected to influence the development of the market in the forecast period.

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Key Players

The vital market contenders in the spatial light modulator market are Holoeye Photonics AG (Germany), Jenoptik AG (Germany), Thorlabs, Inc. (U.S.), Texas Instruments, Inc. (U.S.), PerkinElmer Inc. (U.S.),Santec Corporation (Japan), Hamamatsu Photonics K.K. (Japan), Kopin Corporation (U.S.), Meadowlark Optics Inc. (U.S.) and Laser 2000 Ltd. (U.K).

Spatial Light Modulator:

Spatial Light Modulator can be explained as a trans missive or reflective device which is used to spatially modulate the phase of an optical wave front and amplitude into two dimensions. For this study, the Spatial Light Modulator market has been segmented into types and applications. Optically Addressed and Electrically Addressed SLM are the types whereas the applications are- Optical, Display, Holographic among others.

Regional Outlook:

The spatial light modulator market, on the basis of region, is segmented into the North America, Europe, Asia Pacific and the Rest-of-the-World (RoW). The Asia Pacific market is anticipated to exhibit a robust growth rate over the forecast period owing to thriving automotive and education sectors across India, Japan, and China. Rising demand by industry stalwarts in regard to precision is expected to bolster demand for spatial light modulators. The Europe and North America markets possess immense growth potential on account of adopting latest technologies and demand from consumers. For instance, Jenoptik AG, an industry leader, has launched liquid crystal SLMs to modulate continuous wave (CW) laser light. The laser emitted from CW lights can be used to fabricate semiconductor chips and manufacture tiny components. Segment Overview

Segment:

By type, the market has been segmented into optically addressed SLM, electrically addressed SLM, and others. The electrically addressed SLM segment is further branched into liquid crystal EASLM and deformable mirror. Based on application, the market has been segmented into laser beam, holography, pulse shaping, optical, display, and others. By industry, the market has been segmented into electronics, aerospace & defense, automotive and transportation, education & research, and others.

The segments and sub-segments covered in the report are analyzed under four major regions – North America, Europe, Asia Pacific, and Rest-of-the-World (RoW), with respective country-level market sizing. For the scope of research, the standard definition of the product/ service “spatial light modulator” is included in the report. The report discusses and interprets the current and future opportunities of the industry delivering an unbiased growth assessment.

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Last Updated November 1, 2019