ACOUSTO OPTICS DEVICES MARKET ANALYSIS

Acousto Optics Devices MarketSize and Trends

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 produced in China. Similarly, 4,488,965 and 9,204,590 vehicles produced in India and Japan in 2016.           

ACOUSTO OPTICS DEVICES MARKET TAXONOMY

On the basis of application, the acousto optics devices market is diversified into:

• Laser Processing
• Material Processing
• Micro Processing
• Others

On the basis of verticals, the acousto optics devices market is diversified into:

• Aerospace and Defense
• Industrial
• Life Science and Scientific Research
• Medical
• Oil and Gas
• Semiconductor and Electronics
• Telecom