Dallas, TX -- (SBWIRE) -- 04/27/2015 -- According to a new market research report "Fiber Optic Beam Expander Market by Design (Galilean, Keplerian), Device (Optical Communication, Measurement, Laser Systems, Remote Sensing), Application (Defense, Instrumentation, Industrial, Commercial), & Geography - Global Forecast to 2020", published by MarketsandMarkets, the total Fiber Optic Beam Expander Market is expected to reach up to $1.29 Billion by 2020, at an estimated CAGR of about 9% from 2014 to 2020.

Browse 70 market data Tables and 45 Figures spread through 166 Pages and in-depth TOC on "Fiber Optic Beam Expander Market"

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The recent improvement in the economic environment after the economic downturn is favorable for the development of new business models, products, and services for the Fiber Optic Beam Expander Market. Moreover, companies in the marketplace have started working toward formulating strategies, including the technology development, commercialization, and standardization strategies, for the overall expansion and strengthening of their businesses. Recently, the photovoltaic energy field has been leading the growth of the optoelectronics field and rising rapidly since 2008. This has particularly opened new opportunities for the fiber optic beam expander manufacturers in the areas of optical communication and laser material processing.

Scope of the report:

This research report categorizes the global market based on the design type, device type, application, and geography; it also estimates the market size and covers the emerging applications of the global fiber optic beam expander market.

On the basis of design types:

The global fiber optic beam expander market is classified into the Keplerian and Galilean beam expander segments.

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On the basis of device types:

The global fiber optic beam expander market is categorized into the optical communication devices (for instance, modulators, wavelength-conversion modules, and lens-arrays), measurement & testing devices (for instance, interferometers, spectroscopes, microscopes, and telescopes), laser delivery & processing systems, LIDAR & remote sensing devices, and others (for instance, lighting system, projectors, and cameras).

On the basis of applications:

The market is segmented into five different applications, namely military & defense, scientific research & instrumentation, medical, industrial (for instance, mining, petroleum exploration, and utilities), and commercial (for instance, entertainment, traffic control, education, and simulation).

On the basis of geography:

The market is segmented by geography into four major regions, namely the Americas, Europe, APAC and RoW.

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