Global Fiber Bragg Grating (FBG) Market Size, Share & Trends Analysis Report By Type (FBG Sensor and FBG Filter & Others), By Application, By Regional Outlook and Forecast, 2024 - 2031

Global Fiber Bragg Grating (FBG) Market Size, Share & Trends Analysis Report By Type (FBG Sensor and FBG Filter & Others), By Application, By Regional Outlook and Forecast, 2024 - 2031

The Global Fiber Bragg Grating (FBG) Market size is expected to reach $9.6 billion by 2031, rising at a market growth of 23.0% CAGR during the forecast period.

North America's aerospace and defense industries are also major adopters of FBG technology for structural health monitoring and vibration sensing. Government initiatives to modernize infrastructure and invest in renewable energy projects further bolster the demand for FBG systems in the region. Thus, the North America segment witnessed 38% revenue share in the market in 2023. The region's telecommunications sector, driven by the rapid expansion of 5G networks, heavily relies on FBG solutions for optical communication and network optimization.

The growing need for precise and reliable sensing technologies across multiple industries significantly drives the adoption of Fiber Bragg Gratings (FBGs). In structural health monitoring, FBGs are emerging as indispensable tools for ensuring the safety and longevity of infrastructure such as bridges, tunnels, and skyscrapers. Additionally, FBG sensors are extensively employed in the wind energy sector to monitor the structural integrity of wind turbine blades and towers. These sensors detect strain, stress, and load variations in real-time, providing crucial data that helps optimize turbine performance and extend lifespan. By identifying potential issues early, FBGs enable preventive maintenance, reducing downtime and operational costs. Similarly, in solar energy applications, FBGs are employed to monitor temperature fluctuations in solar panels and energy storage systems. Therefore, as the renewable energy sector expands to meet global climate goals, the demand for advanced sensing technologies like FBGs is expected to grow significantly.

However, FBG systems are built using advanced materials and require specialized equipment for production, such as precision lasers and photonics instruments. These processes are cost-intensive, especially when tailored for high-precision applications in sectors like aerospace, defense, and telecommunications. The expense is further amplified for customized solutions, which demand additional engineering and testing to meet specific industry requirements. Hence, such factors may hamper the market's growth.

Type Outlook

Based on type, the market is classified into FBG sensor, FBG filter, and others. The FBG filter and others segment procured 42% revenue share in the market in 2023. The rising demand for high-speed data transmission and enhanced network capacity in telecommunications is a significant driver for this segment. Furthermore, FBG filters are vital in modern laser systems and medical imaging devices, contributing to widespread adoption.

Application Outlook

On the basis of application, the market is divided into telecommunication, energy & utilities, aerospace, transportation, and others. The telecommunication segment acquired 37% revenue share in the market in 2023. The growing demand for high-speed data transmission and reliable communication networks drives the segment.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment garnered 30% revenue share in the market in 2023. The adoption of FBG sensors in renewable energy projects, such as wind farms and smart grid systems, has driven growth in the energy & utilities sector.

List of Key Companies Profiled

• Luna Innovations, Incorporated
• Emerson Electric Co. (National Instruments Corporation)
• AOS GmbH
• Alnair Labs Corporation
• FBGS Technologies GmbH
• HBM Fibersensing S.A
• Ascentta, Inc.
• Ixblue Photonics Micron Optics
• Proximion AB Technica (Hexatronic Group)
• TeraXion Inc.

Global Fiber Bragg Grating (FBG) Market Report Segmentation

By Type

• FBG Sensor
• FBG Filter & Others

By Application

• Telecommunication
• Energy & Utilities
• Aerospace
• Transportation
• Other Application

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA