Acousto-Optic Devices Market by Device (Acousto-Optic Modulator, Acousto-optic Deflector, Acousto-optic Frequency Shifter, Acousto-optic Tunable Filter)
Industry: Semiconductor Electronics
Published Date: March-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP13006
The Global Acousto-Optic Devices Market size stood at US$ 469.1 million in 2022. Acousto-optic device sales would expand at 6.3% CAGR from 2022 to 2032. It would surpass a valuation of US$ 861.0 million by 2032.
The market is expanding primarily due to increasing use of optical technologies in mass manufacturing of consumer devices. Need for acousto-optic devices in semiconductor and metal processing applications has also increased. It is a result of rising consumer electronics applications such as micro sensing, flat panel displays, and LIDAR.
Laser-based processes are used to create various stents. Polymer-based bio-absorbable stents are gaining popularity in regions with high healthcare spending, including Europe. They are especially susceptible to the effects of temperature.
Manufacturers discover a need for lasers when long pulse lasers are unable to process them with the required quality. Demand for acousto-optic tunable filters, deflectors, and modulators would increase. It is due to high need for laser-based systems worldwide.
Companies that make medical devices are discovering the necessity to use lasers for creation. These are high-value components with exacting quality standards.
Their production is frequently difficult. More application for lasers is required for metal marking (CE and UDI).
Both the semiconductor and automotive industries produce new components by using lasers. Several semiconductor companies have recently increased their production capacity. It was a response to increasing demand for discrete semiconductor components and semiconductor chips.
SEMI Silicon Manufacturers Group reports that the global silicon wafer area consignments expanded by 2.7%. It went up to 2,920 million square inches during the first quarter of 2020. In the fourth quarter of 2019, the shipments totaled 2,844 million square inches, but decreased by 4.3% year over year.
Surging exports reflect the need for high manufacturing capacity. It further calls for the usage of laser-based equipment and supports the market's expansion.
Taiwan Semiconductor Manufacturing Co., for instance, announced in May 2020 that it would invest US$ 12 billion in the construction of a chip plant in Arizona. This move was made to allay national security concerns about safeguarding supply chains. It occurred in the face of the coronavirus pandemic and to move more high-tech manufacturing to the USA.
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Attributes |
Key Insights |
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Acousto-optic Devices Market Estimated Size (2022E) |
US$ 469.1 million |
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Projected Market Valuation (2032) |
US$ 861.0 million |
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Value-based CAGR (2022 to 2032) |
6.3% |
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USA Value-based CAGR (2022 to 2032) |
5.1% |
Persistence Market Research (PMR) predicts the global acousto-optic devices market to exhibit a CAGR of 6.3% in the forecast period. It exhibited a considerable CAGR of 7.1% during the historical period (2018 to 2021).
Defense system development is made easy and highly cost-effective with the employment of acousto-optic technologies. Addition of RF-based optical networks to the satellite has enhanced satellite surveillance.
The industrial sector has been at the forefront of incorporating acousto-optic technology in recent years. These include RF driver and optical communication & signal processing.
Acousto-optic device businesses are utilizing artificial intelligence such as Google Assistant and Amazon Alexa. They are also adopting the latest software solutions to serve better in terms of production and development.
North America is expected to witness a significant acoustic-optic market share throughout the assessment period. Growing need for acousto-optic products in the industrial and aerospace sectors would help support the market.
North America would expand at a CAGR of about 25.1% in the forecast period (2022 to 2032). Isomet Corporation is one of the leading companies that is producing acousto-optic devices. Presence of similar leading players would push North America market by 2032.
Why is Acousto-optic Device Demand Surging in the United States?
The USA acousto-optic devices market is expected to be worth US$ 125.3 million by 2032. It would create an absolute dollar opportunity of US$ 49.0 million in the forecast period.
The USA market witnessed growth at a CAGR of 4.1% from 2018 to 2021. It is expected to surge at a CAGR of 5.1% from 2022 to 2032.
In November 2022, USA-based Coherent INC expanded its power line F QS series. It aims to deliver a 3X increase in available power for shallow marking semiconductors. These will be used for acousto-optic modulators.
Will the United Kingdom Exhibit High Sales of Acousto-optic Modulators?
The United Kingdom acousto-optic devices market is expected to be worth US$ 21.8 million by 2032. It would create an absolute dollar opportunity of US$ 8.0 million in the next ten years.
The United Kingdom acousto-optic industry exhibited a CAGR of 2.7% from 2018 to 2021. It would broaden at a CAGR of 4.7% from 2022 to 2032.
In August 2022, AMS Technologies discovered a way of making biological tissue visible. It used an acousto-optic device for the same. This discovery will help in research work across the healthcare sector.
Is China an Ideal Acousto-optic Scanner Manufacturing Hub?
China acousto-optic devices market is expected to be worth US$ 227.4 million by 2032. It would create an incremental opportunity of US$ 119.0 million from 2022 to 2032.
The country witnessed growth at a CAGR of 9.2% from 2018 to 2021. It is expected to flourish at a CAGR of 7.7% from 2022 to 2032.
In September 2020, LightComm Technology was recognized as a national high-tech enterprise. The company has obtained over 4 invention patents by September 2020. It has also bagged a total of 26 patents till date.
Which is the Most Preferred Acousto-optic Device in the World?
Acousto-optic modulator is projected to witness significant growth. It has numerous applications in the industrial sector. It is also extensively used in the aerospace and defense sector.
It is generally used as a primary component in communication devices which are important in the telecom industry. CAGR of the acousto-optic modulator segment was around 7.0% from 2018 to 2021. It is set to elevate at around 6.2% CAGR from 2022 to 2032.
Which Industry Vertical would Extensively Use Acousto-optic Devices?
Acousto-optic devices would find increasing usage in the industrial sector in terms of vertical. Expansion of the industrial sector with usage of modern technology would push the acoustic-optic device demand.
CAGR for the industrial segment was around 6.8% from 2018 to 2021. It is likely to broaden by 6.1% from 2022 to 2032.
One of the biggest markets for acousto-optic devices is the industrial sector. The industrial process makes use of acousto-optic tunable filters, frequency shifters, deflectors, and modulators. The principal uses of acousto-optic devices, including material processing, printing, and laser scanning will raise demand for them.
Usage of modern technology requires acoustic-optic devices as a primary component. It is further leading to increasing demand in acousto-optic devices.
The market for acousto-optic devices is highly fragmented and fiercely competitive. There are no established market leaders in the industry worldwide. To increase productivity, renowned firms are concentrating on production technology innovation.
A few recent developments in the acousto-optic devices market are:
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Attribute |
Details |
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Estimated Market Size (2022) |
US$ 469.1 million |
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Projected Market Valuation (2032) |
US$ 861.0 million |
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Value-based CAGR (2022 to 2032) |
6.3% |
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Forecast Period |
2022 to 2032 |
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Historical Data Available for |
2018 to 2021 |
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Market Analysis |
Value (US$ million) |
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Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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By Device
By Application
By Vertical
By Region
To know more about delivery timeline for this report Contact Sales
The global acousto-optic device industry was worth more than US$ 469.1 million in 2022.
The global acousto-optic device industry is projected to expand at a CAGR of around 6.3% from 2022 and 2032.
The global acousto-optic devices industry elevated at a CAGR of around 7.1% between 2018 and 2021.
High demand for discrete semiconductor components and advanced semiconductor wafers would positively affect the market.
The acousto-optic devices industry in China would increase at a CAGR of around 7.7% from 2022 to 2032.
Sales of acousto-optic devices in the USA will increase at a CAGR of around 5.1% from 2022 to 2032.
The acousto-optic devices industry in South Korea will increase at a CAGR of around 6.7% and there will be a CAGR growth of 6.5% in Japan from 2022 to 2032.
