Market Overview:
The global fibre optic sensors market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fibre optic sensors in various applications such as construction, power systems, oil & gas and other applications. North America is expected to hold the largest share of the global fibre optic sensors market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A fibre optic sensor is a device that uses optical fibres to detect and measure various physical or chemical properties of its environment. Fibre optic sensors have a wide range of applications, including biomedical sensing, process control and environmental monitoring.
Intrinsic Sensors:
Intrinsic sensors are the most basic type of fiber optic sensors. They are used for measuring physical parameters such as temperature, pressure and position. Intrinsic fiber optic sensor market is expected to witness significant growth over the forecast period owing to its advantages such as compact size, low cost and immunity from electromagnetic interference.
Extrinsic Sensors:
Extrinsic sensors are used in fiber optic sensors market for measuring the physical parameters such as temperature, pressure, and strain along with chemical & biological species. These sensors are widely used in industrial automation systems and medical diagnosis. The fiber optic sensor technology is expected to witness significant growth over the forecast period owing to its advantages such as lightweight, low power consumption, long-range detection capabilities up to several kilometers with high accuracy levels.
Application Insights:
The construction application segment accounted for the largest revenue share of over 30% in 2017. The growth is attributed to the increasing use of optic sensors in fiber optic gyroscopes and accelerometers for measuring the structural movement or vibration. These devices are used to monitor earthquakes, building structures, and other environmental factors with high precision.
Construction is one of the key applications areas where fiber optic technology finds extensive usage due to its advantages such as real-time data transmission and enhanced communication options that include video & audio calls over a network. Moreover, these devices offer enhanced safety by detecting cracks in concrete during construction activities thereby alerting users about any potential problems before they occur resulting in reduced maintenance costs as well as time savings for contractors/ owners/ managers etc. Furthermore, these sensors also detect changes in temperature which can be used to trigger an alarm if there is a problem with structural stability or if there has been any damage caused due to fire etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the high demand for advanced technologies and products. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to various factors such as increasing penetration of Fibre Channel Storage Technology (FCST) and Network-Assisted Storage Technology (NAS), growing adoption of Fibre Channel Infrastructures (FCIs) & fabrics, technological advancements, and rising need for data storage & processing capabilities in cloud based services.
Asia Pacific is projected to emerge as one of the lucrative regions with China being its major contributor. The country has been witnessing steady growth in industrial automation across numerous applications thereby driving product demand across industries such as manufacturing, oil & gas, power systems etc.
Growth Factors:
- Increasing demand for high-speed and reliable internet connectivity is driving the growth of fibre optic sensors market.
- Rising demand for smart sensors in various industrial and commercial applications is also fuelling the growth of fibre optic sensors market.
- Growing popularity of optical fibres over copper wires for data transmission is propelling the growth of fibre optic sensors market.
- Increasing research and development activities in optical sensor technology are providing new opportunities to the players operating in this market.
- Rapid expansion of telecommunication infrastructure across emerging economies is providing a major impetus to the growth of fibre optic sensors market
Scope Of The Report
Report Attributes
Report Details
Report Title
Fibre Optic Sensors Market Research Report
By Type
Intrinsic Sensors, Extrinsic Sensors
By Application
Construction, Power Systems, Oil & Gas, Other
By Companies
FISO Technologies, Sensa, Brugg Kabel, Omnisens, Light Wave Venture, AFL Global, OSENSA Innovations, US Seismic Systems, Honeywell Sensing and Control, Micron Optics
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Fibre Optic Sensors Market Report Segments:
The global Fibre Optic Sensors market is segmented on the basis of:
Types
Intrinsic Sensors, Extrinsic Sensors
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
Construction, Power Systems, Oil & Gas, 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:
- FISO Technologies
- Sensa
- Brugg Kabel
- Omnisens
- Light Wave Venture
- AFL Global
- OSENSA Innovations
- US Seismic Systems
- Honeywell Sensing and Control
- Micron Optics
Highlights of The Fibre Optic Sensors 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:
- Intrinsic Sensors
- Extrinsic Sensors
- By Application:
- Construction
- Power Systems
- Oil & Gas
- 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 Fibre Optic Sensors 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 volume and 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
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?
Fibre optic sensors are a type of sensor that uses light to detect physical or chemical properties. Fibre optic sensors are often used in industrial applications, such as monitoring processes and detecting defects.
Some of the major companies in the fibre optic sensors market are FISO Technologies, Sensa, Brugg Kabel, Omnisens, Light Wave Venture, AFL Global, OSENSA Innovations, US Seismic Systems, Honeywell Sensing and Control, Micron Optics.
The fibre optic sensors market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fibre Optic Sensors 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. Fibre Optic Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fibre Optic Sensors Market - Supply Chain
4.5. Global Fibre Optic Sensors Market Forecast
4.5.1. Fibre Optic Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fibre Optic Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fibre Optic Sensors Market Absolute $ Opportunity
5. Global Fibre Optic Sensors 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. Fibre Optic Sensors Market Size and Volume Forecast by Type
5.3.1. Intrinsic Sensors
5.3.2. Extrinsic Sensors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fibre Optic Sensors 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. Fibre Optic Sensors Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Power Systems
6.3.3. Oil & Gas
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fibre Optic Sensors 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. Fibre Optic Sensors Market Size and Volume 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 Fibre Optic Sensors 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. Fibre Optic Sensors Market Size and Volume 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 Fibre Optic Sensors Demand Share Forecast, 2019-2026
9. North America Fibre Optic Sensors 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 Fibre Optic Sensors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fibre Optic Sensors Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Power Systems
9.4.3. Oil & Gas
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 Fibre Optic Sensors Market Size and Volume Forecast by Type
9.7.1. Intrinsic Sensors
9.7.2. Extrinsic Sensors
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 Fibre Optic Sensors Demand Share Forecast, 2019-2026
10. Latin America Fibre Optic Sensors 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 Fibre Optic Sensors Market Size and Volume 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 Fibre Optic Sensors Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Power Systems
10.4.3. Oil & Gas
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 Fibre Optic Sensors Market Size and Volume Forecast by Type
10.7.1. Intrinsic Sensors
10.7.2. Extrinsic Sensors
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 Fibre Optic Sensors Demand Share Forecast, 2019-2026
11. Europe Fibre Optic Sensors 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 Fibre Optic Sensors Market Size and Volume 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 Fibre Optic Sensors Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Power Systems
11.4.3. Oil & Gas
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 Fibre Optic Sensors Market Size and Volume Forecast by Type
11.7.1. Intrinsic Sensors
11.7.2. Extrinsic Sensors
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 Fibre Optic Sensors Demand Share, 2019-2026
12. Asia Pacific Fibre Optic Sensors 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 Fibre Optic Sensors Market Size and Volume 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 Fibre Optic Sensors Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Power Systems
12.4.3. Oil & Gas
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 Fibre Optic Sensors Market Size and Volume Forecast by Type
12.7.1. Intrinsic Sensors
12.7.2. Extrinsic Sensors
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 Fibre Optic Sensors Demand Share, 2019-2026
13. Middle East & Africa Fibre Optic Sensors 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 Fibre Optic Sensors Market Size and Volume 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 Fibre Optic Sensors Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Power Systems
13.4.3. Oil & Gas
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 Fibre Optic Sensors Market Size and Volume Forecast by Type
13.7.1. Intrinsic Sensors
13.7.2. Extrinsic Sensors
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 Fibre Optic Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fibre Optic Sensors Market: Market Share Analysis
14.2. Fibre Optic Sensors Distributors and Customers
14.3. Fibre Optic Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FISO Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sensa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Brugg Kabel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Omnisens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Light Wave Venture
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AFL Global
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OSENSA Innovations
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. US Seismic Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honeywell Sensing and Control
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Micron Optics
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
