The global fiber optic sensing solutions market is expected to grow at a CAGR of 7.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for fiber optic sensing solutions in various industries such as power industry, transportation industry, oil and gas industry, civil structures and engineering industry, aerospace.
The distributed sensing segment accounted for the largest share of the global fiber optic sensing solutions market in 2018. This segment is expected to continue its dominance throughout the forecast period due to its low cost and easy installation process. The power industry accounted for the largest share of this segment in 2018 due to increased demand for distributed sensors in transmission lines and substations across various regions such as North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA).
- Fiber optic sensing solutions are used in a wide range of industries, including automotive, aerospace and defense, medical devices, and consumer electronics.
- The increasing demand for fiber optic sensing solutions in the automotive industry is one of the major factors driving the growth of this market.
- The increasing demand for fiber optic sensing solutions in medical devices industry is another factor driving the growth of this market.
- Increasing use of fiber optics in consumer electronics industry is also one factor that will drive the growth of this market.
Industry Growth Insights published a new data on “Fiber Optic Sensing Solutions Market”. The research report is titled “Fiber Optic Sensing Solutions Market research by Types (Distributed Sensing, Fiber Optic Point Sensing), By Applications (Power Industry, Transportation Industry, Oil& Gas Industry, Civil Structures & Engineering Industry, Aerospace, Other), By Players/Companies Micron Optics, OptaSense(QinetiQ), Opsens Inc, Halliburton, Proximion, FISO Technologies, ITF Technologies Inc, Omnisens SA, Epsilon Optics, LIOS Technology, Wuhan Ligong Guangke, Bandweaver, Boomdts, Sensornet, Schlumberger, Yokogawa Electric Corporation, Luna Innovations”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Optic Sensing Solutions Market Research Report
By Type
Distributed Sensing, Fiber Optic Point Sensing
By Application
Power Industry, Transportation Industry, Oil& Gas Industry, Civil Structures & Engineering Industry, Aerospace, Other
By Companies
Micron Optics, OptaSense(QinetiQ), Opsens Inc, Halliburton, Proximion, FISO Technologies, ITF Technologies Inc, Omnisens SA, Epsilon Optics, LIOS Technology, Wuhan Ligong Guangke, Bandweaver, Boomdts, Sensornet, Schlumberger, Yokogawa Electric Corporation, Luna Innovations
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 Fiber Optic Sensing Solutions Market Report Segments:
The global Fiber Optic Sensing Solutions market is segmented on the basis of:
Types
Distributed Sensing, Fiber Optic Point Sensing
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
Power Industry, Transportation Industry, Oil& Gas Industry, Civil Structures & Engineering Industry, Aerospace, 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:
- Micron Optics
- OptaSense(QinetiQ)
- Opsens Inc
- Halliburton
- Proximion
- FISO Technologies
- ITF Technologies Inc
- Omnisens SA
- Epsilon Optics
- LIOS Technology
- Wuhan Ligong Guangke
- Bandweaver
- Boomdts
- Sensornet
- Schlumberger
- Yokogawa Electric Corporation
- Luna Innovations
Highlights of The Fiber Optic Sensing Solutions 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:
- Distributed Sensing
- Fiber Optic Point Sensing
- By Application:
- Power Industry
- Transportation Industry
- Oil& Gas Industry
- Civil Structures & Engineering Industry
- Aerospace
- 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 Fiber Optic Sensing Solutions 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.
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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?
Fiber optic sensing solutions are a type of technology that uses fiber optics to detect and measure physical or chemical properties. Fiber optic sensors can be used in a variety of applications, including environmental monitoring, industrial process control, and medical diagnostics.
Some of the key players operating in the fiber optic sensing solutions market are Micron Optics, OptaSense(QinetiQ), Opsens Inc, Halliburton, Proximion, FISO Technologies, ITF Technologies Inc, Omnisens SA, Epsilon Optics, LIOS Technology, Wuhan Ligong Guangke, Bandweaver, Boomdts, Sensornet, Schlumberger, Yokogawa Electric Corporation, Luna Innovations.
The fiber optic sensing solutions market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fiber Optic Sensing Solutions 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. Fiber Optic Sensing Solutions Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fiber Optic Sensing Solutions Market - Supply Chain
4.5. Global Fiber Optic Sensing Solutions Market Forecast
4.5.1. Fiber Optic Sensing Solutions Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fiber Optic Sensing Solutions Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fiber Optic Sensing Solutions Market Absolute $ Opportunity
5. Global Fiber Optic Sensing Solutions 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. Fiber Optic Sensing Solutions Market Size and Volume Forecast by Type
5.3.1. Distributed Sensing
5.3.2. Fiber Optic Point Sensing
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fiber Optic Sensing Solutions 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. Fiber Optic Sensing Solutions Market Size and Volume Forecast by Application
6.3.1. Power Industry
6.3.2. Transportation Industry
6.3.3. Oil& Gas Industry
6.3.4. Civil Structures & Engineering Industry
6.3.5. Aerospace
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fiber Optic Sensing Solutions 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. Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions 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. Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions Demand Share Forecast, 2019-2026
9. North America Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions Market Size and Volume Forecast by Application
9.4.1. Power Industry
9.4.2. Transportation Industry
9.4.3. Oil& Gas Industry
9.4.4. Civil Structures & Engineering Industry
9.4.5. Aerospace
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fiber Optic Sensing Solutions Market Size and Volume Forecast by Type
9.7.1. Distributed Sensing
9.7.2. Fiber Optic Point Sensing
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 Fiber Optic Sensing Solutions Demand Share Forecast, 2019-2026
10. Latin America Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions Market Size and Volume Forecast by Application
10.4.1. Power Industry
10.4.2. Transportation Industry
10.4.3. Oil& Gas Industry
10.4.4. Civil Structures & Engineering Industry
10.4.5. Aerospace
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fiber Optic Sensing Solutions Market Size and Volume Forecast by Type
10.7.1. Distributed Sensing
10.7.2. Fiber Optic Point Sensing
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 Fiber Optic Sensing Solutions Demand Share Forecast, 2019-2026
11. Europe Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions Market Size and Volume Forecast by Application
11.4.1. Power Industry
11.4.2. Transportation Industry
11.4.3. Oil& Gas Industry
11.4.4. Civil Structures & Engineering Industry
11.4.5. Aerospace
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fiber Optic Sensing Solutions Market Size and Volume Forecast by Type
11.7.1. Distributed Sensing
11.7.2. Fiber Optic Point Sensing
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 Fiber Optic Sensing Solutions Demand Share, 2019-2026
12. Asia Pacific Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions Market Size and Volume Forecast by Application
12.4.1. Power Industry
12.4.2. Transportation Industry
12.4.3. Oil& Gas Industry
12.4.4. Civil Structures & Engineering Industry
12.4.5. Aerospace
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fiber Optic Sensing Solutions Market Size and Volume Forecast by Type
12.7.1. Distributed Sensing
12.7.2. Fiber Optic Point Sensing
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 Fiber Optic Sensing Solutions Demand Share, 2019-2026
13. Middle East & Africa Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions 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 Fiber Optic Sensing Solutions Market Size and Volume Forecast by Application
13.4.1. Power Industry
13.4.2. Transportation Industry
13.4.3. Oil& Gas Industry
13.4.4. Civil Structures & Engineering Industry
13.4.5. Aerospace
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fiber Optic Sensing Solutions Market Size and Volume Forecast by Type
13.7.1. Distributed Sensing
13.7.2. Fiber Optic Point Sensing
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 Fiber Optic Sensing Solutions Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fiber Optic Sensing Solutions Market: Market Share Analysis
14.2. Fiber Optic Sensing Solutions Distributors and Customers
14.3. Fiber Optic Sensing Solutions Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Micron Optics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OptaSense(QinetiQ)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Opsens Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Halliburton
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Proximion
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FISO Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ITF Technologies Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Omnisens SA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Epsilon Optics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LIOS Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wuhan Ligong Guangke
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bandweaver
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Boomdts
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sensornet
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Schlumberger
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Yokogawa Electric Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Luna Innovations
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
