ALBANY, New York, November 9, 2016 /PRNewswire/ -- The global market for adaptive optics has seen significant traction in the past few years and is expected to continue expansion at an astounding pace in the next few years. The market is chiefly driven by the increasing demand for this technology across different sectors, such as defense and security, biomedical. Moreover, with advancement of technology, various adaptive optics components are being developed at low cost and are anticipated to fuel the demand for adaptive optics. Smaller and low cost wavefront sensors are likely to facilitate entry and growth of adaptive optics technology in the smaller observatory market, and ultimately the market for amateur astronomers. In addition, with advent of technology, sensitive detectors are expected to be developed in the future with faster closed-loop correction, which in turn, would make adaptive optics effective at progressively smaller wavelengths. Owing to these factors, the global market for adaptive optics is expected to witness significant traction during the next few years. Download Sample PDF Brochure for Professional & Technical Breakthroughs athttp://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3859 According to Transparency Market Research, global adaptive optics market will exhibit a staggering 83.9% CAGR over the period between 2016 and 2024, in terms of revenue. Expanding at this astounding pace, the market, which had a valuation of US$458.3 mn in 2015, will rise to US$109,685.9 mn by 2024. Technological Advancements and Low-cost Components to Drive Market The vast rise in the use of adaptive optics in a continuously rising number of application areas is one of the key factors attributed to the excellent future growth prospects of the global adaptive optics market. Adaptive optics systems are gaining traction across several high-turnover industries such as defense and security, astronomy, and biomedicine, allowing the influx of vast funds for research and development of advanced technologies. Advancement of technology is, in turn, leading to the vast scope of developing various adaptive optics components at low cost, which is further fueling the overall demand for adaptive optics across several industries.