Global Acousto-optic Devices Market 2017-2021
About Acousto-Optic Devices
Acousto-optics is a branch of physics that involves the study of interactions between sound waves and light waves. The principle of acousto-optics is achieved by the diffraction of laser light using ultrasound waves, which pass through an ultrasonic grating. The diffracted image captures the acousto-optic effect. Acousto-optic devices are used to regulate laser beams and modulate and deflect these beams in an optical medium. Some of the devices using this principle include modulators, deflectors, tunable filters, and frequency shifters.
Technavio’s analysts forecast the global Acousto-Optic Devices market to grow at a CAGR of 9.46% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global Acousto-Optic Devices market for 2017-2021. To calculate the market size, the report considers sales of acousto-optic devices to the end-user sectors.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Acousto-Optic Devices Market 2017-2021
Technavio recognizes the following companies as the key players in the global acousto-optic devices market: Brimrose Corporation of America, Gooch & Housego, Harris, and Isomet.
Other Prominent Vendors in the market are: AMS Technologies, AA Opto Electronic, A.P.E Angewandte Physik & Elektronik, Coherent, IntraAction Electronics, Pro-Lite Technology, Panasonic.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is miniaturization of electronic devices. Designers and engineers are continuously developing new methodologies and techniques to keep pace with the increasing level of integration and manage more circuitry within the same size of ICs and at the same cost. This is increasing the complexity of ICs, wherein a number of active and passive components are being integrated on a single chip. Rapid technological developments in consumer electronics, healthcare equipment, military and defense equipment, and telecommunications equipment have led to a high level of functional integration.”
According to the report, one of the major drivers for this market is investments in manufacturing plants worldwide. Manufacturing plants globally are adopting laser systems to ensure precision in cutting, welding, engraving, and the marking of products. The automotive industry uses lasers to cut composite material as well as airbag cloth. Some other uses in the automotive sector are welding of components such as doors, gears, and powertrains. The packaging industry uses laser systems to mark batch numbers and expiration dates. Thus, the rising investments in manufacturing facilities (especially in developing regions) will drive the demand for laser systems, in turn, driving the acousto-optic devices market.
Further, the report states that one of the major factors hindering the growth of this market is time to market pressure. The laser industry is characterized by rapid technological changes, frequent product launches, short product life cycles, and increasing demand for high-level integration. As a result, the gap between time-to-market and design completion has increased in the recent past. It is estimated that the time taken to design complex and advanced laser takes about 13-18 months. Advances in laser technology have resulted in increased design complexity (acousto-optic device manufacturers have to adjust to these design complexities) and, therefore, there is an increase in the manufacturing time. Thus, manufacturers are finding it difficult to deliver acousto-optic devices, including modulators, tunable filters, and deflectors on time because of the widening gap between time-to-market and design completion.
Brimrose Corporation of America, Gooch & Housego, Harris, Isomet, AMS Technologies, AA Opto Electronic, A.P.E Angewandte Physik & Elektronik, Coherent, IntraAction Electronics, Pro-Lite Technology, Panasonic.
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