Acousto-optic Devices Market - Forecasts from 2018 to 2023

The acousto-optic device market was valued at US$345.63 million in 2017 and is projected to expand at a CAGR of 8.52% over the forecast period to reach US$564.42 million by 2023. Acousto-optic refers to the interaction between the optical waves and acoustic waves. The use of acousto-optic device is growing on account of increasing demand for laser applications in various life science and scientific research.

Research Methodology

The report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.

Market Dynamics

This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides industry regulation as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of the acousto-optic device. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.

Segmentation

Segments covered under the acousto-optic devices market report are as below:

By Type
Modulator
Optic Filter
Deflector
Frequency Shifter
Others

By Application
Micro Processing
Laser Processing
Material Processing

By Industry Vertical
Telecom
Industrial
Medical
Aerospace & Defense
Others

By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific

Key industry players profiled as part of this report are Isomet Corporation, Gooch & Housego PLC, AMS Technologies, Brimrose Corporation of America, IntraAction Corp, Lightcomm Technology Co., Ltd., and Harris Corporation.