Global Acousto Optic Device Market to reach USD 659.6 million by 2027.Global Acousto Optic Device Market is valued approximately at USD 404.4 million in 2020 and is anticipated to grow with a healthy growth rate of more than 7.24% over the forecast period 2021-2027. Optics is a branch of science that investigates and considers both the behaviour and characteristics of light. It also covers research that deals with the interactions between matter and light-detection equipment. The behavior of ultraviolet, infrared, and visible light is referred to as optics. The field of research known as acousto optics studies the interactions between sound and light waves. Acousto optic waves are created when the refractive index of a medium changes due to sound waves existing in the medium. Lasers may be deflected and modulated using acousto optic devices. The market is driven by growing laser applications in scientific sector and increasing demand for laser-based applications in manufacturing and healthcare sectors. Furthermore, global silicon wafer area shipments increased by 2.7 percent to 2,920 million square inches in the first quarter of 2020, compared to 2,844 million square inches in the fourth quarter of 2019, according to SEMI Silicon Manufacturers Group (SMG). The increase in shipments indicates a rise in demand for growing production capacity, which necessitates the usage of laser-based devices, driving market growth. However, high initial cost and increasing requirement-specific R&D expenses may impede market growth over the forecast period of 2021-2027.

Asia Pacific region is one of the primary contributors to the industry's growth with China, Japan, and India as some of the key competitors in this market. Huge expansion in the semiconductor sector, as well as increasing applications of acousto optic devices, have been some of the key factors driving the overall market further. Furthermore, the growing industrialization of this region has contributed to the worldwide expansion of this market. Following Asia Pacific, North America and Europe are two additional important markets for acousto optic devices worldwide.

Major market player included in this report are:
L3Harris Technologies Inc.
Gooch and Housego PLC
Hudson Robotics Inc.
Lightcomm Technology Co. Ltd.
IntraAction Corporation
Coherent Inc
AA Opto Electronics Ltd.
AMS Technologies AG
Brimrose Corporation Of America
A??P??E Angewandte Physik & Elektronik GmbH


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Device type:
Modulators
Deflectors
Frequency Shifter
Q-Switches
Tunable Filters
Other Device Types
By Application:
Material Processing
Laser Processing
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Acousto Optic Device Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors