Transparency Market Research Added A New Report "Acousto Optic Devices Market" And Its Full Database.
Albany, NY -- (SBWIRE) -- 01/18/2017 -- Acousto optic devices are based on acousto optic effects. Acousto optic effects are based on the variations of the refractive index of a medium due to presence of sound waves in that medium. Acousto optic effect is a specific case of photoelasticity, where there is a change of material's permittivity, due to mechanical strain. The acousto optic effect is widely used in the measurement and study of ultrasonic waves. This device is also used for controlling the power and frequency of a laser beam along with an electrical drive signal.
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An acousto optic device finds application in non destructive testing, structural health monitoring, and biomedical applications. The acousto optic devices market is segmented by application into printing and marking, fast optical switches, and industrial processes such as laser scanning and laser noise eater. In addition, the market is also segmented by end user into domestic industry, R&D industry, and telecom industry. By type, the market is segmented into deflectors, frequency shifters, modulators, Q-Switches, and tunable filters.
Rising demand for laser technology coupled with material processing application is driving market demand and popularity of using acousto optic devices in industrial, semi conductor, and electronics verticals. This in turn is driving the acousto optic devices market. The industrial vertical which sees multiple applications of acousto optic devices such as printing, material processing, and laser scanning among others, is estimated to experience highest growth during the forecast period. Comparatively, the modulators market using acoustic optic devices is estimated to grow at a faster rate during the forecast period. This serves as a driving factor in the growth of the acousto optic devices market. Rising demand for optical switches and optical network technologies is also driving the market. Increasing awareness coupled with rapid adoption of acoustic optic devices by developing countries of Asia Pacific (APAC) region namely India and China, is also acting as a driving factor in the growth of the acousto optic devices market.
Considering the growth in demand for acousto optic tunable filter (AOTF) devices in the telecom industry, it is estimated that the acousto optic devices market will continue to grow to eliminate issues related to cross talk. Developments in this particular area have the potential to boost the acousto optic devices market in the future.
Acousto optic devices have a wide variety of substitutes, yet they find application in various fields namely biomedical industry, medical, and industrial among others. The acousto optic devices market is continuously developing by altering the technology with slight modifications as a part of product development strategy. These changes coupled with low awareness of the particular modification are actually acting as a restraining factor in the growth of the market.
Geographically, the acoustic optic market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa, and Latin America. Asia Pacific (APAC) is estimated to grow at a relatively higher rate during the forecasted period. China, Japan, Korea, and Taiwan are the key contributors to the growth of acousto optics in the APAC region. The U.S., Canada, and Mexico are the major contributors to the North America region. Similarly, increasing awareness of acousto optic devices in countries such as Germany, France, U.K, Russia, and Italy is driving the acousto optic devices market in the European region.
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Key players in the acoustic optic devices market includes Isomet Corporation (U.S), Brimrose Corporation of America (U.S), AMS Technologies AG (Germany), AA Opto Electronic (France), IntraAction Corp (U.S), Harris Corporation (U.S), Lightcomm Technology Co. Ltd. (China), Coherent Inc. (U.S), Gooch and Housego PLC (U.K), and A.P.E Angewandte Physik & Elektronik GmbH (Germany) among others.
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