Acousto optics is a branch of physics, which deals with the interaction between light waves and sound waves. Acousto optic devices are used to adjust the wavelength of the light and maintain selectivity. Increasing demand for laser application is a major driving factor for growth of the acousto optics devices market. The acousto optic modulator is a device which is used to spatial direction of a laser beam with electrical drive signals. Raising demand for laser devices in healthcare vertical for wrinkle reduction, tattoo removal, skin resurfacing, optical coherence tomography, LASIK surgery, hair removal, body contouring etc. have led to growth of the market.
ACOUSTO OPTICS DEVICES MARKET TAXONOMY
On the basis of application, the acousto optics devices market is diversified into:
On the basis of verticals, the acousto optics devices market is diversified into:
Life Science and Scientific Research vertical held the dominant position in the acousto optic devices market and is projected to retain its dominance throughout the forecast period. Increasing research in various fields such as optical coherence tomography, photoacoustic imaging, imaging cytometry and multiphoton microscopy in biomedical imaging, and scanning have led to high demand for acousto optics devices in this segment. In addition to this, increasing usage of acousto optic devices with laser technology by scientists for research in various areas such as semiconductor metrology, two-photon polymerization, femtosecond micromachining have created a conducive environment for growth of this segment.
Moreover, industrial vertical is projected to exhibit the highest CAGR over the forecast period. Increasing usage of various acousto optic devices such as tunable filters, frequency shifters, deflectors, and modulators in various industrial purposes have accelerated segment growth. In addition to this, owing to various applications such as material processing, printing, and laser scanning, demand for acousto-optic devices in industrial verticals is increasing significantly.
Asia Pacific acousto optics devices market held the dominant position in 2016 and is expected to exhibit highest CAGR over the forecast period
On the basis of geography, the acousto optics devices market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Asia Pacific held the dominant position in the market in 2016 and is projected to retain its dominance throughout the forecast period. India, China, and Japan are some of the major growth engines in the acousto optics devices market in this region. Increasing demand for laser devices by the automotive industry have aided in growth of the market. For example: laser devices are increasingly being used by automotive manufacturers for cutting and welding body parts such as door panels and seat backs. According to International Organization of Motor Vehicle Manufacturers, in 2016, 28,118,794 vehicles were produces in China. Similarly, 4,488,965 and 9,204,590 vehicles produced in India and Japan in 2016.
Key Companies: Global Acousto-Optics Devices Market
A·P·E Angewandte Physik & Elektronik GmbH, AA Opto Electronic, AMS Technologies AG, Brimrose Corporation of America, Coherent, Inc., Gooch & Housego PLC, Harris Corporation, Intraaction Corp., Isomet Corporation, and Lightcomm Technology Co., Ltd. are some of the major companies in the global acousto-optics devices market.
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.