Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Optical Fiber Current Sensor (OFCS) Market by Type (AC, DC), By Application (Communication Industrial, Power Industrial, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Optical Fiber Current Sensor (OFCS) Market by Type (AC, DC), By Application (Communication Industrial, Power Industrial, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 204600 3300 Electronics & Semiconductor 377 231 Pages 4.5 (36)
                                          

The global optical fiber current sensor market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for power monitoring and control systems in industrial applications. The increasing need for accurate data on power consumption is also driving the growth of this market. The AC segment accounted for a share of over 50% in 2018 and is expected to maintain its dominance throughout the forecast period, owing to its high accuracy and low cost as compared with DC sensors. The industrial application segment accounted for a share of over 60% in 2018 and is expected to maintain its dominance throughout the forecast period, owing to its high demand from industries such as oil & gas, mining, chemical processing, pulp & paper manufacturing among others.

  1. The OFCS market is driven by the increasing demand for high-speed data transmission and the need for accurate measurements in various industries.
  2. The OFCS market is also driven by the increasing demand for low power consumption, compact size, and high accuracy sensors.
  3. The OFCS market faces challenges such as lack of awareness about its benefits and high cost of installation.
  4. Lack of skilled professionals.

Industry Growth Insights published a new data on “Optical Fiber Current Sensor (OFCS) Market”. The research report is titled “Optical Fiber Current Sensor (OFCS) Market research by Types (AC, DC), By Applications (Communication Industrial, Power Industrial, Other), By Players/Companies Adamant, ABB, SICK, KEYENCE, Comcore, HuBei XunDi Technology”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Optical Fiber Current Sensor (OFCS) Market Research Report

By Type

AC, DC

By Application

Communication Industrial, Power Industrial, Other

By Companies

Adamant, ABB, SICK, KEYENCE, Comcore, HuBei XunDi Technology

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

231

Number of Tables & Figures

162

Customization Available

Yes, the report can be customized as per your need.


Global Optical Fiber Current Sensor (OFCS) Industry Outlook


Global Optical Fiber Current Sensor (OFCS) Market Report Segments:

The global Optical Fiber Current Sensor (OFCS) market is segmented on the basis of:

Types

AC, DC

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

Communication Industrial, Power Industrial, 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:

  1. Adamant
  2. ABB
  3. SICK
  4. KEYENCE
  5. Comcore
  6. HuBei XunDi Technology

Global Optical Fiber Current Sensor (OFCS) Market Overview


Highlights of The Optical Fiber Current Sensor (OFCS) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. AC
    2. DC
  1. By Application:

    1. Communication Industrial
    2. Power Industrial
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Optical Fiber Current Sensor (OFCS) 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

Global Optical Fiber Current Sensor (OFCS) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An optical fiber current sensor (OFCS) is a device that measures the current flowing through an optical fiber. The sensor can be used to detect faults in the cable, or to monitor the performance of the fiber.

Some of the major players in the optical fiber current sensor (ofcs) market are Adamant, ABB, SICK, KEYENCE, Comcore, HuBei XunDi Technology.

The optical fiber current sensor (ofcs) market is expected to register a CAGR of 6.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Optical Fiber Current Sensor (OFCS) 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. Optical Fiber Current Sensor (OFCS) Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Optical Fiber Current Sensor (OFCS) Market - Supply Chain
   4.5. Global Optical Fiber Current Sensor (OFCS) Market Forecast
      4.5.1. Optical Fiber Current Sensor (OFCS) Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Optical Fiber Current Sensor (OFCS) Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Optical Fiber Current Sensor (OFCS) Market Absolute $ Opportunity

5. Global Optical Fiber Current Sensor (OFCS) 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. Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Type
      5.3.1. AC
      5.3.2. DC
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Optical Fiber Current Sensor (OFCS) 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. Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Application
      6.3.1. Communication Industrial
      6.3.2. Power Industrial
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Optical Fiber Current Sensor (OFCS) 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. Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) 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. Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) Demand Share Forecast, 2019-2026

9. North America Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Application
      9.4.1. Communication Industrial
      9.4.2. Power Industrial
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Type
      9.7.1. AC
      9.7.2. DC
   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 Optical Fiber Current Sensor (OFCS) Demand Share Forecast, 2019-2026

10. Latin America Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Application
      10.4.1. Communication Industrial
      10.4.2. Power Industrial
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Type
      10.7.1. AC
      10.7.2. DC
   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 Optical Fiber Current Sensor (OFCS) Demand Share Forecast, 2019-2026

11. Europe Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Application
      11.4.1. Communication Industrial
      11.4.2. Power Industrial
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Type
      11.7.1. AC
      11.7.2. DC
   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 Optical Fiber Current Sensor (OFCS) Demand Share, 2019-2026

12. Asia Pacific Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Application
      12.4.1. Communication Industrial
      12.4.2. Power Industrial
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Type
      12.7.1. AC
      12.7.2. DC
   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 Optical Fiber Current Sensor (OFCS) Demand Share, 2019-2026

13. Middle East & Africa Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) 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 Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Application
      13.4.1. Communication Industrial
      13.4.2. Power Industrial
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Optical Fiber Current Sensor (OFCS) Market Size and Volume Forecast by Type
      13.7.1. AC
      13.7.2. DC
   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 Optical Fiber Current Sensor (OFCS) Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Optical Fiber Current Sensor (OFCS) Market: Market Share Analysis
   14.2. Optical Fiber Current Sensor (OFCS) Distributors and Customers
   14.3. Optical Fiber Current Sensor (OFCS) Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Adamant
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. ABB
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. SICK
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. KEYENCE
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Comcore
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. HuBei XunDi Technology
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. COMPANY7
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         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

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