PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1371980
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1371980
According to Stratistics MRC, the Global Acousto-Optic Frequency Shifter Market is expected to grow at a CAGR of 9.2% during the forecast period. The market for products or systems that use acoustic-optic technology to change the frequency of optical signals is known as the "acoustic-optic frequency shifter market." Acousto-optic frequency shifters modify the frequency of an optical signal by interacting with acoustic and light waves. This enables a variety of applications in industries like telecommunications, spectroscopy, laser processing and optical sensing.
According to SEMI Silicon Manufacturers Group (SMG), the global silicon wafer area shipments increased by 2.7% to 2,920 million square inches in the first quarter of 2020, compared to the fourth quarter of 2019, with shipments of 2,844 million square inches, but dropped by 4.3% year-over-year.
In many laser systems, including those used for laser communication, spectroscopy, and material processing, acousto-optic frequency shifters are employed. The market for acousto-optic frequency shifters has been significantly influenced by the growing use of laser-based technology across numerous industries. Additionally, the need for acousto-optic frequency shifters has grown as a result of ongoing developments in acousto-optic technologies that improve performance, increase bandwidth, and use less power.
Frequency shifters are an instance of an acousto-optic device that can be relatively expensive to build. Their adoption may be constrained by high costs in price-sensitive areas. Additionally, it can be technically difficult to incorporate acousto-optic frequency shifters into current optical systems or to develop systems around them, which restricts their use in some applications.
Growth opportunities exist due to the application of acousto-optic frequency shifters in cutting-edge fields like quantum computing, quantum optics, and photonics research. Additionally, Acousto-Optic Frequency Shifters, which are employed in optical signal processing and modulation, have a considerable opportunity as a result of the rising demand for high-speed data transmission and optical communication networks.
Frequency shifters and acousto-optic technologies may not be widely used since some companies may not be aware of their benefits. Acousto-optic frequency shifters may face competition from fiber optics and other optical and electro-optic technologies in specific applications, which could impede market expansion.
The Acousto-Optic Frequency Shifter market was affected in various ways by the COVID-19 epidemic. On the one hand, it resulted in worldwide supply chain disruptions that had an impact on the manufacturing and delivery of components, such as acoustic-optic frequency shifters. Additionally, it led to decreased investments in non-essential applications and economic uncertainty, which had an effect on market demand. The pandemic, however, also emphasized the significance of several applications that depend on acousto-optic frequency shifters. These gadgets, for instance, are essential components of diagnostic and therapeutic equipment in the healthcare industry. The rise of telemedicine and remote communication during the epidemic highlighted their importance further, perhaps boosting demand for telecommunications.
Multimode Fiber segment dominated the largest share over the forecast period. Multimode fibers are optical fibers that allow for the simultaneous transmission of data over relatively short distances by transmitting many light modes or routes. This quality makes them suitable for a range of Acousto-Optic frequency shifter industry applications. Additionally, multimode fibers are useful for applications in signal processing, laser systems, and optical communication because of their versatility, which also enables them to handle cutting-edge modulation techniques.
Aerospace and Defense segment is estimated to witness lucrative growth. Acousto-Optic Frequency Shifters are utilized in radar and remote sensing systems for aircraft and spacecraft in the aerospace industry. They make accurate target tracking and detection possible, enhancing situational awareness and overall safety. Furthermore, for military radar systems to be able to identify and track objects, such as missiles and aircraft, these gadgets are crucial in the field of defense. They help to improve precision and target accuracy in missile guidance by being used in LIDAR technology.
Due to its rapid advancement in technology and economic expansion, which has increased demand for photonics and optical technologies, the Asia-Pacific region is expected to have the largest share over the projection period. Because of this, this area has become a focus for the creation and use of acousto-optic frequency shifters. Additionally, the requirement for optical components like acousto-optic frequency shifters in the Asia-Pacific telecommunications sector is expanding due to the expansion of 5G networks and the increased demand for high-speed data transmission.
Asia Pacific region is projected to witness profitable growth over the extrapolated period. Particularly in industries like semiconductors and electronics, the manufacturing industry in Asia-Pacific continues to thrive and grow. Additionally, the implementation of advanced optical communication networks is a result of the demand for high-speed data transmission, particularly in highly populated urban regions. In these networks, acousto-optic modulators are essential for the optical signal modulation and processing required for high-speed data transportation.
Some of the key players in Acousto-Optic Frequency Shifter Market include: AA Opto Electronic, AMS Technologies AG, Brimrose Corporation, Gooch & Housego PLC, Harris Corporation, IntraAction, Isomet Corporation and Photonic Solutions.
In April 2022, AMS technologies presents optical parametric oscillator. Optical parametric oscillators (OPOs) are based on nonlinear crystals in an optical resonator. By changing the temperature of this nonlinear crystal in AMS Technologies' new OPO 17OPO-1-50 S, the wavelength of the emitted laser pulses can be tuned in the range from 1700 nm to about 1750 nm (mid-infrared, MID-IR). This makes the laser system particularly suitable for cardiovascular diagnoses using photoacoustic imaging - since arterial plaque typically has an absorption maximum at 1725 nm.
In March 2022, AMS Technologies presents the "mRC-C-450-100/240", a compressor-based "mini recirculating chiller" that offers high cooling power in a shoebox format. Based on an electronically speed-controlled miniature compressor, the "mini Recirculating Chiller" introduced by AMS Technologies offers high water cooling capacity of up to 450 W (+25°C ambient and +25°C cooling water temperature) or 300 W (+45°C ambient and +25°C cooling water) in a very small space.