Market Overview:
The global fiber optic probe market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fiber optic probes in various applications such as transmission, fluorescence, reflection and ATR industrial application. Additionally, the growing demand for miniaturized probes is also contributing to the growth of this market. However, high cost associated with these probes may restrain the growth of this market during the forecast period. On basis of type, reflection probe held major share in global fiber optic probe market in 2017 and is projected to grow at highest CAGR during forecast period owing to its wide usage across various applications such as transmission, fluorescence and reflection etcetera.
Product Definition:
A fiber optic probe is a device that can be inserted into an optical fiber in order to measure its characteristics. This can include measurements of the power or intensity of light passing through the fiber, as well as its attenuation or loss. The use of a fiber optic probe is important for characterizing and testing optical fibers, which are used in many telecommunications applications.
Reflection Probe:
Reflection probe is a device that is used to measure the light or optical power of an optical fiber. It consists of a mirror, which reflects the light from one end to another along the fiber. The reflected light intensity can be measured with photodetector and analyzed with computer software for further use in various applications such as testing, troubleshooting & maintenance of communication systems and equipment etc.
Dip Probe:
A dip probe is a device used to test the end of a fiber optic cable for light absorption or transmission. Fiber optic cables are susceptible to external influences such as magnetic fields, electric fields, and radio frequency interference. To test these cables it is necessary to use special instruments called dip probes which are small electrical devices that help in testing the quality of optical fibers without making any physical contact with them.
Application Insights:
The global demand for fiber optic probes is witnessing a paradigm shift due to the development of novel and emerging technologies. The transmission application segment dominated the overall industry in terms of revenue share in 2017, attributed to its extensive use in telecom applications. Fiber optic technology has witnessed tremendous adoption across telecom applications owing to its high bandwidth capability and low cost per bit compared with other conventional technologies such as wireless radio waves.
Fluorescence application segment is expected to witness significant growth over the forecast period on account of increasing research activities pertaining to biological imaging using optical fiber sensors. Optical fibers are used for sensing fluorescence which enables real-time measurement during an experiment, thereby eliminating the need for expensive camera systems or image processing software that can be costly and time-consuming.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and increased adoption of advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing research & development activities and introduction of technologically advanced products.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rapid developments in end-use industries such as healthcare, manufacturing, oil & gas, military/ defense, aerospace & marine among others. Increasing disposable income levels coupled with rising population in developing countries such as China and India are also expected drive regional growth during the forecast years.
Growth Factors:
- Increasing demand for fiber optic probe in medical sector for diagnosis and treatment of various diseases is expected to drive the market growth.
- Rising demand for fiber optic probe in telecommunications sector due to its high bandwidth capacity is another major factor that would fuel the market growth.
- Growing popularity of optical sensors across different industrial sectors is anticipated to create new opportunities for the market players over the forecast period.
- Proliferation of internet-of-things (IoT) and big data are some other key factors that are expected to boost the demand for fiber optic probes in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Optic Probe Market Research Report
By Type
Reflection Probe, Dip Probe, Other
By Application
Transmission, Fluorescence, Reflection, ATR Industrial Application, Other
By Companies
Agilent, Thermo Fisher Scientific, Thorlabs, Optomistic Products, LEONI Fiber Optics, FCI Ophthalmics, Doric Lenses, Avantes, RSOF, Ocean Optics, Agilent, Neoptix, tec5 AG
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Optic Probe Market Report Segments:
The global Fiber Optic Probe market is segmented on the basis of:
Types
Reflection Probe, Dip Probe, 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
Transmission, Fluorescence, Reflection, ATR Industrial Application, 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:
- Agilent
- Thermo Fisher Scientific
- Thorlabs
- Optomistic Products
- LEONI Fiber Optics
- FCI Ophthalmics
- Doric Lenses
- Avantes
- RSOF
- Ocean Optics
- Agilent
- Neoptix
- tec5 AG
Highlights of The Fiber Optic Probe 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:
- Reflection Probe
- Dip Probe
- Other
- By Application:
- Transmission
- Fluorescence
- Reflection
- ATR Industrial Application
- 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 Probe 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
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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?
A fiber optic probe is a device that uses light to image objects inside or outside of a body. Fiber optic probes are often used in medical procedures, such as endoscopy and surgery.
Some of the major players in the fiber optic probe market are Agilent, Thermo Fisher Scientific, Thorlabs, Optomistic Products, LEONI Fiber Optics, FCI Ophthalmics, Doric Lenses, Avantes, RSOF, Ocean Optics, Agilent, Neoptix, tec5 AG.
The fiber optic probe market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiber Optic Probe Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fiber Optic Probe Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiber Optic Probe Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fiber Optic Probe Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fiber Optic Probe Market Size & Forecast, 2018-2028
4.5.1 Fiber Optic Probe Market Size and Y-o-Y Growth
4.5.2 Fiber Optic Probe Market Absolute $ Opportunity
Chapter 5 Global Fiber Optic Probe Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fiber Optic Probe Market Size Forecast by Type
5.2.1 Reflection Probe
5.2.2 Dip Probe
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fiber Optic Probe Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fiber Optic Probe Market Size Forecast by Applications
6.2.1 Transmission
6.2.2 Fluorescence
6.2.3 Reflection
6.2.4 ATR Industrial Application
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiber Optic Probe Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiber Optic Probe Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fiber Optic Probe Analysis and Forecast
9.1 Introduction
9.2 North America Fiber Optic Probe Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fiber Optic Probe Market Size Forecast by Type
9.6.1 Reflection Probe
9.6.2 Dip Probe
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fiber Optic Probe Market Size Forecast by Applications
9.10.1 Transmission
9.10.2 Fluorescence
9.10.3 Reflection
9.10.4 ATR Industrial Application
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fiber Optic Probe Analysis and Forecast
10.1 Introduction
10.2 Europe Fiber Optic Probe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fiber Optic Probe Market Size Forecast by Type
10.6.1 Reflection Probe
10.6.2 Dip Probe
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fiber Optic Probe Market Size Forecast by Applications
10.10.1 Transmission
10.10.2 Fluorescence
10.10.3 Reflection
10.10.4 ATR Industrial Application
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fiber Optic Probe Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fiber Optic Probe Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fiber Optic Probe Market Size Forecast by Type
11.6.1 Reflection Probe
11.6.2 Dip Probe
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fiber Optic Probe Market Size Forecast by Applications
11.10.1 Transmission
11.10.2 Fluorescence
11.10.3 Reflection
11.10.4 ATR Industrial Application
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fiber Optic Probe Analysis and Forecast
12.1 Introduction
12.2 Latin America Fiber Optic Probe Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fiber Optic Probe Market Size Forecast by Type
12.6.1 Reflection Probe
12.6.2 Dip Probe
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fiber Optic Probe Market Size Forecast by Applications
12.10.1 Transmission
12.10.2 Fluorescence
12.10.3 Reflection
12.10.4 ATR Industrial Application
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fiber Optic Probe Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fiber Optic Probe 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fiber Optic Probe Market Size Forecast by Type
13.6.1 Reflection Probe
13.6.2 Dip Probe
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fiber Optic Probe Market Size Forecast by Applications
13.10.1 Transmission
13.10.2 Fluorescence
13.10.3 Reflection
13.10.4 ATR Industrial Application
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiber Optic Probe Market: Competitive Dashboard
14.2 Global Fiber Optic Probe Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agilent
14.3.2 Thermo Fisher Scientific
14.3.3 Thorlabs
14.3.4 Optomistic Products
14.3.5 LEONI Fiber Optics
14.3.6 FCI Ophthalmics
14.3.7 Doric Lenses
14.3.8 Avantes
14.3.9 RSOF
14.3.10 Ocean Optics
14.3.11 Agilent
14.3.12 Neoptix
14.3.13 tec5 AG
