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3. The key players have Implemented Different Strategies to Maintain their Position in the Acousto-Optic Devices Market

Acousto-optic devices are used to control laser beams and modulate and deflect these beams in optical medium. The acousto-optic devices market is rapidly growing owing to the increase in demand for laser applications in the medical, scientific research, industrial, semiconductor and electronics, and telecom verticals. The use of acousto-optics modulators (AOM) for modulating laser beams for laser applications such as laser scanning and laser printing is majorly driving the growth of the acousto-optic devices market. Acousto-optic devices providers focus on the market dynamics to provide less expensive, highly accurate, and fast-speed acousto-optic devices based on acousto-optic materials.

The key players in the ecosystem of the acousto-optic devices market profiled in this report are Gooch & Housego PLC (U.K.), Isomet Corporation (U.S.), Brimrose Corporation of America (U.S.), Harris Corporation (U.S.), AMS Technologies AG (Germany), Coherent, Inc. (U.S.), AA Opto Electronic (France), A·P·E Angewandte Physik & Elektronik GmbH (Germany), IntraAction Corp. (U.S.), and Lightcomm Technology Co., Ltd. (China).

The key players have implemented different strategies to maintain their position in the acousto-optic devices market and ensure their long-term growth and profitability. New product launches and developments were adopted by many players to increase the demand of their technologies and cater to diverse application areas. Strategies such as acquisitions, mergers, agreements, contracts, and expansions help companies to increase their market share, expand their geographic presence across the globe, and gain recognition in the acousto-optic devices market.

Gooch & Housego PLC (U.K.) is one of the leading providers of acousto-optics, crystal optics and precision optics devices across the globe. The company offers acoustic-optic devices that includes beam deflectors, fiber-coupled devices, frequency shifters, model lockers, modulators, multi-channel modulators, pulse pickers and cavity dumpers, Q-switches, radio frequency (RF) drivers, and tunable filters for aerospace and defense, industrial, and life science and scientific research verticals. The company has its sales offices in France, Germany, Hong Kong, Japan and Singapore with additional representation by a network of distributors across the globe. The company focuses majorly on developing new acousto-optic devices based on materials used, wavelength requirements, and services which help the company to deliver a comprehensive portfolio for various verticals. The company focuses on acquisition and collaboration strategies to strengthen its position and for the development of innovative products. For example, in 2016, the company acquired Kent Periscopes Ltd. (U.K), a supplier of periscopes for providing system-level optical products for use in harsh environments, and Alfalight, Inc. (U.S.), a manufacturer of laser based and electro-optic systems for defense and security applications. This acquisitions would help company to increase its customer base globally in the aerospace and defense vertical.

Brimrose Corporation of America (U.S.) is a private company which manufactures electro-optic devices, components, and modules for photonics applications. The company provides acousto-optic tunable filters (AOTF), acousto-optic modulators (AOM), acousto-optic frequency shifters (AOFS), acousto-optic deflectors (AOD), acousto-optic mode lockers (AOML), acousto-optic Q-switches (AOQS), and acousto-optic cavity dumpers with compatible radio frequency (RF) driving electronics, AOTF light sources, and AOTF hyperspectral imagers. The company also uses AOTF as an essential technology for industrial and military applications. Moreover, the company could expand its customer base globally through the presence of its representatives across Europe, the Middle East and Africa, the Americas, and Asia-Pacific.  The company could focus on acquisitions and joint venture strategies for expanding its acousto-optic device business for various verticals.

Related Reports:

Acousto-optic Devices Market by Device (Modulators, Deflectors, Tunable Filters, Frequency Shifters, Q-Switches), Application (Material Processing, Laser Processing, Micro Processing), Vertical, and Geography - Global Forecast to 2022

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