Market Overview:
The global fast steering mirrors (FSM) market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the FSM market can be attributed to the increasing demand for high-resolution fast steering mirrors in various applications such as aerospace, electron optics, and pharmaceutical industry. In addition, the growing demand for FSM from emerging economies such as Asia Pacific and Latin America is also contributing to the growth of this market. However, factors such as limited product differentiation and intense competition among players are restraining the growth of this market.
 Industry Outlook.svg)
Product Definition:
Fast Steering Mirrors(FSM) is a technology that allows the telescope mirrors to quickly adjust their positions in order to keep up with the movement of the object being observed. This is important because it helps to maintain focus on the object, providing a clear and uninterrupted view.
0.05µrad Resolution:
0.05 micron is the typical resolution for a digital camera. A normal human eye can see individual grains of sand at 0.05 microns size, therefore 0.05 micron resolution is enough to capture the entire beach in a single image i.e.
0.1µrad Resolution:
0.1 µrad resolution is the minimum image quality that can be achieved with a normal digital camera. It was chosen because it's an easily obtainable standard and most cameras have the ability to achieve this level of accuracy. The FSM market has been growing rapidly, mainly due to increasing demand for high-end luxury cars in emerging markets such as China and India along with other South Asian countries which are fueling growth in these regions.
Application Insights:
The aerospace application segment accounted for the largest share of over 30.0% in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing to its rising use in various aircraft types, such as business jets, narrow-body and wide-body airliners. The FSM provides high accuracy when it is used with an image intensifier tube that amplifies the light source output by a laser guide star system and projects it onto the screen for aiming purposes.
FSM manufacturers are focusing on product innovation by developing new products with enhanced features such as 3D displays, which can be helpful not only during takeoff but also during landing or maneuvering on uneven surfaces where precision is required more than usual.
Regional Analysis:
North America dominated the global market in 2017, with a revenue share of over 35.0%. The region is expected to continue its dominance over the forecast period as well. This growth can be attributed to increasing demand for high-precision instruments and related services from various application sectors in countries, such as U.S., Canada, and Mexico. Moreover, presence of major aircraft manufacturers including Boeing Co.; Lockheed Martin Corporation; Airbus S A; Bombardier Inc.
Growth Factors:
- Increasing demand for advanced driver assistance systems (ADAS) in passenger cars and commercial vehicles is expected to drive the growth of the FSM market.
- Growing demand for luxury cars and SUVs is also anticipated to boost the FSM market during the forecast period.
- The increasing adoption of autonomous driving technology is projected to create opportunities for FSM manufacturers in the coming years.
- Rising concerns over safety and security are likely to propel the demand for advanced mirror technologies, such as fast steering mirrors, in automotive applications.
- The growing popularity of electric vehicles is expected to provide a significant impetus to the growth of the FSM market in forthcoming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Fast Steering Mirrors(FSM) Market Research Report
By Type
0.05µrad Resolution, 0.1µrad Resolution, 1.0µrad Resolution, Other
By Application
Aerospace, Electron Optics, Pharmaceutical Industry, Other
By Companies
General Dynamics Mission Systems, L3Harris Technologies, Optical Physics Company, Kaman Precision Products, CEDRAT TECHNOLOGIES, BALL AEROSPACE, Physik Instrumente, nPoint Inc, Optics In Motion LLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Fast Steering Mirrors(FSM) Market Report Segments:
The global Fast Steering Mirrors(FSM) market is segmented on the basis of:
Types
0.05µrad Resolution, 0.1µrad Resolution, 1.0µrad Resolution, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Electron Optics, Pharmaceutical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Dynamics Mission Systems
- L3Harris Technologies
- Optical Physics Company
- Kaman Precision Products
- CEDRAT TECHNOLOGIES
- BALL AEROSPACE
- Physik Instrumente
- nPoint Inc
- Optics In Motion LLC
 Market Overview.svg)
Highlights of The Fast Steering Mirrors(FSM) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0.05µrad Resolution
- 0.1µrad Resolution
- 1.0µrad Resolution
- Other
- By Application:
- Aerospace
- Electron Optics
- Pharmaceutical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fast Steering Mirrors(FSM) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fast Steering Mirrors are a type of adjustable steering mirror that allow drivers to make quick adjustments to their view while driving. They are typically mounted on the driver's side of the car, and can be adjusted in both height and angle. FSM mirrors provide a more direct view of the road ahead, making them easier to navigate while driving.
Some of the major players in the fast steering mirrors(fsm) market are General Dynamics Mission Systems, L3Harris Technologies, Optical Physics Company, Kaman Precision Products, CEDRAT TECHNOLOGIES, BALL AEROSPACE, Physik Instrumente, nPoint Inc, Optics In Motion LLC.
The fast steering mirrors(fsm) market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fast Steering Mirrors(FSM) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fast Steering Mirrors(FSM) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fast Steering Mirrors(FSM) Market - Supply Chain
4.5. Global Fast Steering Mirrors(FSM) Market Forecast
4.5.1. Fast Steering Mirrors(FSM) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fast Steering Mirrors(FSM) Market Absolute $ Opportunity
5. Global Fast Steering Mirrors(FSM) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fast Steering Mirrors(FSM) Market Size Forecast by Type
5.3.1. 0.05µrad Resolution
5.3.2. 0.1µrad Resolution
5.3.3. 1.0µrad Resolution
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fast Steering Mirrors(FSM) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fast Steering Mirrors(FSM) Market Size Forecast by Application
6.3.1. Aerospace
6.3.2. Electron Optics
6.3.3. Pharmaceutical Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fast Steering Mirrors(FSM) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fast Steering Mirrors(FSM) Market Size Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fast Steering Mirrors(FSM) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fast Steering Mirrors(FSM) Market Size Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fast Steering Mirrors(FSM) Demand Share Forecast, 2019-2026
9. North America Fast Steering Mirrors(FSM) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fast Steering Mirrors(FSM) Market Size Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fast Steering Mirrors(FSM) Market Size Forecast by Application
9.4.1. Aerospace
9.4.2. Electron Optics
9.4.3. Pharmaceutical Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fast Steering Mirrors(FSM) Market Size Forecast by Type
9.7.1. 0.05µrad Resolution
9.7.2. 0.1µrad Resolution
9.7.3. 1.0µrad Resolution
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fast Steering Mirrors(FSM) Demand Share Forecast, 2019-2026
10. Latin America Fast Steering Mirrors(FSM) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fast Steering Mirrors(FSM) Market Size Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fast Steering Mirrors(FSM) Market Size Forecast by Application
10.4.1. Aerospace
10.4.2. Electron Optics
10.4.3. Pharmaceutical Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fast Steering Mirrors(FSM) Market Size Forecast by Type
10.7.1. 0.05µrad Resolution
10.7.2. 0.1µrad Resolution
10.7.3. 1.0µrad Resolution
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fast Steering Mirrors(FSM) Demand Share Forecast, 2019-2026
11. Europe Fast Steering Mirrors(FSM) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fast Steering Mirrors(FSM) Market Size Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fast Steering Mirrors(FSM) Market Size Forecast by Application
11.4.1. Aerospace
11.4.2. Electron Optics
11.4.3. Pharmaceutical Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fast Steering Mirrors(FSM) Market Size Forecast by Type
11.7.1. 0.05µrad Resolution
11.7.2. 0.1µrad Resolution
11.7.3. 1.0µrad Resolution
11.7.4. Other 11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fast Steering Mirrors(FSM) Demand Share, 2019-2026
12. Asia Pacific Fast Steering Mirrors(FSM) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fast Steering Mirrors(FSM) Market Size Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fast Steering Mirrors(FSM) Market Size Forecast by Application
12.4.1. Aerospace
12.4.2. Electron Optics
12.4.3. Pharmaceutical Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fast Steering Mirrors(FSM) Market Size Forecast by Type
12.7.1. 0.05µrad Resolution
12.7.2. 0.1µrad Resolution
12.7.3. 1.0µrad Resolution
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fast Steering Mirrors(FSM) Demand Share, 2019-2026
13. Middle East & Africa Fast Steering Mirrors(FSM) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fast Steering Mirrors(FSM) Market Size Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fast Steering Mirrors(FSM) Market Size Forecast by Application
13.4.1. Aerospace
13.4.2. Electron Optics
13.4.3. Pharmaceutical Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fast Steering Mirrors(FSM) Market Size Forecast by Type
13.7.1. 0.05µrad Resolution
13.7.2. 0.1µrad Resolution
13.7.3. 1.0µrad Resolution
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fast Steering Mirrors(FSM) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fast Steering Mirrors(FSM) Market: Market Share Analysis
14.2. Fast Steering Mirrors(FSM) Distributors and Customers
14.3. Fast Steering Mirrors(FSM) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. General Dynamics Mission Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. L3Harris Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Optical Physics Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kaman Precision Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CEDRAT TECHNOLOGIES
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BALL AEROSPACE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Physik Instrumente
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. nPoint Inc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Optics In Motion LLC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
