Market Overview:
The global industrial optical fiber temperature sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial optical fiber temperature sensors in consumer electronics, automobile, medical, and other applications. In terms of type, the global industrial optical fiber temperature sensor market is segmented into 3-8 layers and above 8 layers. The 3-8 layer segment is expected to account for the majority share of the global industrial optical fiber temperature sensor market during the forecast period. This can be attributed to its low cost and easy installation compared with other types of sensors.
Product Definition:
An industrial optical fiber temperature sensor uses a fiber-optic cable to measure the temperature of a process or object. The sensor can be used in applications where traditional thermocouples or resistance temperature detectors (RTDs) would be impractical, such as in high-temperature and hazardous environments.
3-8 Layers:
3-8 layers refers to the stack of optical fiber, which is used in temperature sensors. It's a common practice that all temperature sensors have at least three layers of protection: firstly, an insulating layer; secondly, a protective metalization or encapsulation; and thirdly an adhesive layer.
Above 8 layers:
The optical fiber temperature sensor market is expected to witness significant growth owing to the increasing demand for high-temperature sensors in industrial applications. The growing need for monitoring and controlling processes in industries such as petrochemical, power generation, steel & aluminum, cement and pulp & paper is anticipated to drive the market growth over the forecast period.
Application Insights:
The other application segment includes military and aerospace applications. The global demand for the industrial optical fiber temperature sensor is expected to witness a CAGR of XX% from 2018 to 2030 owing to its wide-spread use in various industries such as automotive, consumer electronics, medical and industrial.
The automotive industry was one of the major consumers of these sensors with over 25% revenue share in 2017. Fiber optic sensors are used for numerous functions including powertrain control systems (TPMS), engine control systems (ECS), body electronics interface (BEI) and safety & security system integration among others. The aforementioned factors are projected to fuel product demand over the forecast period thus driving growth across all regions measured together in terms of volume as well as revenue during the same period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in several end-use industries, such as consumer electronics, automotive, aerospace & defense. This can be attributed to increasing demand for high-quality products from emerging economies like China and India at a relatively lower price.
The Asia Pacific regional market was followed by Europe with a share of over 20% in 2017 owing to growing industrialization across countries like Germany and France along with other European countries. The North American regional market is also anticipated to witness significant growth soon due to technological advancements coupled with increased adoption of fiber optic sensors across various applications including medical devices & pharmaceuticals, industrial machinery temperature monitoring systems (IMTS). However, strict regulations regarding carbon emission are expected to hamper the industry growth in this region during the forecast period.
Growth Factors:
- Increasing demand for industrial automation and process control in various industries is driving the growth of the industrial optical fiber temperature sensor market.
- Growing awareness about energy conservation is also propelling the demand for industrial optical fiber temperature sensors across different industries.
- The increasing use of LED lighting is also fueling the growth of the industrial optical fiber temperature sensor market as these sensors are used to detect and monitor temperatures in LED lighting systems.
- Rising concerns about safety and security are prompting organizations to adopt advanced thermal sensing technologies, which is further propelling the growth of the industrial optical fiber temperature sensor market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Optical Fiber Temperature Sensor Market Research Report
By Type
3-8 Layers, Above 8 layers
By Application
Consumer Electronics, Automobile, Medical, Industrial, Aerospace, Other
By Companies
Flexium, Fujikura, JY Ciruit, MFLEX, Nippon Mektron, SIFLEX, TTM Technologies, ZDT
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Optical Fiber Temperature Sensor Market Report Segments:
The global Industrial Optical Fiber Temperature Sensor market is segmented on the basis of:
Types
3-8 Layers, Above 8 layers
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
Consumer Electronics, Automobile, Medical, Industrial, 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:
- Flexium
- Fujikura
- JY Ciruit
- MFLEX
- Nippon Mektron
- SIFLEX
- TTM Technologies
- ZDT
Highlights of The Industrial Optical Fiber Temperature Sensor 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:
- 3-8 Layers
- Above 8 layers
- By Application:
- Consumer Electronics
- Automobile
- Medical
- Industrial
- 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 Industrial Optical Fiber Temperature Sensor 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?
An industrial optical fiber temperature sensor is a device that measures the temperature of an optical fiber. This type of sensor is used in industries such as telecommunications, data storage, and manufacturing.
Some of the major companies in the industrial optical fiber temperature sensor market are Flexium, Fujikura, JY Ciruit, MFLEX, Nippon Mektron, SIFLEX, TTM Technologies, ZDT.
The industrial optical fiber temperature sensor market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Optical Fiber Temperature Sensor 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 Industrial Optical Fiber Temperature Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Optical Fiber Temperature Sensor 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 Industrial Optical Fiber Temperature Sensor 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 Industrial Optical Fiber Temperature Sensor Market Size & Forecast, 2020-2028
4.5.1 Industrial Optical Fiber Temperature Sensor Market Size and Y-o-Y Growth
4.5.2 Industrial Optical Fiber Temperature Sensor Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 3-8 Layers
5.2.2 Above 8 layers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Automobile
6.2.3 Medical
6.2.4 Industrial
6.2.5 Aerospace
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Optical Fiber Temperature Sensor 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 Industrial Optical Fiber Temperature Sensor 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 3-8 Layers
9.6.2 Above 8 layers
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 Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Automobile
9.10.3 Medical
9.10.4 Industrial
9.10.5 Aerospace
9.10.6 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 3-8 Layers
10.6.2 Above 8 layers
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 Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Automobile
10.10.3 Medical
10.10.4 Industrial
10.10.5 Aerospace
10.10.6 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 3-8 Layers
11.6.2 Above 8 layers
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 Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Automobile
11.10.3 Medical
11.10.4 Industrial
11.10.5 Aerospace
11.10.6 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 3-8 Layers
12.6.2 Above 8 layers
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 Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Automobile
12.10.3 Medical
12.10.4 Industrial
12.10.5 Aerospace
12.10.6 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 3-8 Layers
13.6.2 Above 8 layers
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) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Automobile
13.10.3 Medical
13.10.4 Industrial
13.10.5 Aerospace
13.10.6 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 Industrial Optical Fiber Temperature Sensor Market: Competitive Dashboard
14.2 Global Industrial Optical Fiber Temperature Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Flexium
14.3.2 Fujikura
14.3.3 JY Ciruit
14.3.4 MFLEX
14.3.5 Nippon Mektron
14.3.6 SIFLEX
14.3.7 TTM Technologies
14.3.8 ZDT
