Adaptive optics is defined as a technology that improves the performance of optical systems by reducing the effect of waveform distortion. The function of adaptive optics is to correct the distorted incoming wave by using a mirror that can be deformed to compensate for the distortion. Adaptive optics first measures the distortion and then compensates for the same with the help of sophisticated deformable mirrors or liquid crystal arrays that can be controlled by computers, which, in turn, correct the distortions in real time."
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and adoption of growth strategies. These players have a broad portfolio of products that caters to most regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and well-established brand equity.
Manufacturers under this quadrant are well-established vendors with strong business strategies. They focus on a specific type of technology related to the product considered in this market. There are many companies in the adaptive optics market that are largely dependent on their competitive research and development (R&D) activities.
Manufacturers of adaptive optics products who are constantly striving for technology innovation, play a major role in the optics/photonics ecosystem. These players demonstrate significant product innovations compared to other competitors in the optics/photonics ecosystem. However, they do not have very strong growth strategies for their overall business.
Certain vendors in the adaptive optics market have niche service offerings and are starting to gain position in the market. They do not have strong business strategies like other established vendors in this market. These players might be new entrants in the specific market and require more time before getting significant traction in the market. The market poses a moderate level of threat to new entrants in establishing their footprint as there are many players providing adaptive optics products.