According to the new market research report "Acousto-optic Devices Market by Device (Modulators, Deflectors, Tunable Filters, Frequency Shifters, Q-Switches), Application (Material Processing, Laser Processing, Micro Processing), Vertical, and Geography - Global Forecast to 2022", is expected to be worth USD 469.1 Million by 2022, at a CAGR of 7.24% between 2016 and 2022. The major driver for the growth of the acousto-optic devices market is the growing demand of laser applications in the life science and scientific research vertical.
Browse 68 market data tables and 55 figures spread through 148 pages and in-depth TOC on “Acousto-optic Devices Market - Global Forecast to 2022"
Request 10% Free Customization on this Report:
Demand for modulators expected to drive the growth of the acousto-optic devices market
The acousto-optic devices market for modulators is expected to grow at the highest CAGR between 2016 and 2022. Modulator is a device which is used for controlling the power, frequency or longitudinal direction of a laser beam with an electrical drive signal. The applications of this device involves various laser applications for fast optical switches, printing and marking application, and laser noise eater. Hence, the growth of the acousto-optic devices market for modulators is expected to be high in the near future.
Industrial vertical expected to witness the highest growth between 2016 and 2022
The acousto-optic devices market for the industrial vertical is expected to grow at the highest CAGR between 2016 and 2022. Acousto-optic modulators, deflectors, frequency shifters, tunable filters, and other devices have a number of important uses in industrial processes. The industrial vertical has major applications of acousto-optic devices such as laser scanning, printing, and material processing among others. These applications would boost the demand for acousto-optic devices in the industrial vertical.
Asia-Pacific expected to hold the largest market share and witness high growth between 2016 and 2022
The acousto-optic devices market in Asia-Pacific (APAC) is expected to grow at the highest CAGR between 2016 and 2022. The huge population base, increasing investments toward the development of optics technologies, large number of research and development (R&D) activities, and increasing focus of laser applications for the industrial and telecom vertical would add to the growth of acousto-optic devices market in the APAC region. In APAC, the acousto-optic devices market is majorly driven by China and Japan because of the rapid increase in industrialization in these countries. Therefore, the acousto-optic devices market in APAC is expected to grow rapidly between 2016 and 2022.
Ask for PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=171228873
The key players in the ecosystem of the acousto-optic devices market profiled in this report are Gooch & Housego PLC (U.K.), Isomet Corporation (U.S.), Brimrose Corporation of America (U.S.), Harris Corporation (U.S.), AMS Technologies AG (Germany), Coherent, Inc. (U.S.), AA Opto Electronic (France), A·P·E Angewandte Physik & Elektronik GmbH (Germany), IntraAction Corp. (U.S.), and Lightcomm Technology Co., Ltd. (China).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441