ACOUSTO OPTICS DEVICES MARKET ANALYSIS

Market Challenges And Opportunities

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.