North America Fiber Bragg Grating (FBG) Market Size, Share & Trends Analysis Report By Type (FBG Sensor and FBG Filter & Others), By Application, By Country and Growth Forecast, 2024 - 2031
North America Fiber Bragg Grating (FBG) Market Size, Share & Trends Analysis Report By Type (FBG Sensor and FBG Filter & Others), By Application, By Country and Growth Forecast, 2024 - 2031
The North America Fiber Bragg Grating (FBG) Market would witness market growth of 22.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Fiber Bragg Grating (FBG) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,569.3 million by 2031. The Canada market is experiencing a CAGR of 23.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 23.4% during (2024 - 2031).
FBG sensors can be customized for various applications, from geotechnical monitoring and environmental sensing to aerospace and defense. In aerospace, FBGs monitor structural integrity, vibrations, and thermal variations in aircraft and spacecraft.
Moreover, these sensors provide critical data for enhancing safety, performance, and efficiency. In the defense sector, FBG technology is employed in applications such as sonar systems, perimeter security, and underwater monitoring, where reliability and accuracy are paramount.
The North American Fiber Bragg Grating (FBG) market is characterized by a dynamic interplay of innovation, government support, and industry demand, with each nation contributing uniquely to its growth. The United States is at the forefront of FBG adoption in North America, largely due to its dominant position in the aerospace industry. The country’s aerospace sector, led by companies such as Boeing, Lockheed Martin, and Northrop Grumman, is leveraging FBG technology for applications like structural health monitoring and vibration sensing in aircraft and spacecraft.
Based on Type, the market is segmented into FBG Sensor and FBG Filter & Others. Based on Application, the market is segmented into Telecommunication, Energy & Utilities, Aerospace, Transportation, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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.
North America Fiber Bragg Grating (FBG) Market Report Segmentation
By Type
FBG Sensor
FBG Filter & Others
By Application
Telecommunication
Energy & Utilities
Aerospace
Transportation
Other Application
By Country
US
Canada
Mexico
Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fiber Bragg Grating (FBG) Market, by Type
1.4.2 North America Fiber Bragg Grating (FBG) Market, by Application
1.4.3 North America Fiber Bragg Grating (FBG) Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Fiber Bragg Grating (FBG) Market by Type
4.1 North America FBG Sensor Market by Country
4.2 North America FBG Filter & Others Market by Country
Chapter 5. North America Fiber Bragg Grating (FBG) Market by Application
5.1 North America Telecommunication Market by Country
5.2 North America Energy & Utilities Market by Country
5.3 North America Aerospace Market by Country
5.4 North America Transportation Market by Country
5.5 North America Other Application Market by Country
Chapter 6. North America Fiber Bragg Grating (FBG) Market by Country
6.1 US Fiber Bragg Grating (FBG) Market
6.1.1 US Fiber Bragg Grating (FBG) Market by Type
6.1.2 US Fiber Bragg Grating (FBG) Market by Application
6.2 Canada Fiber Bragg Grating (FBG) Market
6.2.1 Canada Fiber Bragg Grating (FBG) Market by Type
6.2.2 Canada Fiber Bragg Grating (FBG) Market by Application
6.3 Mexico Fiber Bragg Grating (FBG) Market
6.3.1 Mexico Fiber Bragg Grating (FBG) Market by Type
6.3.2 Mexico Fiber Bragg Grating (FBG) Market by Application
6.4 Rest of North America Fiber Bragg Grating (FBG) Market
6.4.1 Rest of North America Fiber Bragg Grating (FBG) Market by Type
6.4.2 Rest of North America Fiber Bragg Grating (FBG) Market by Application
Chapter 7. Company Profiles
7.1 Luna Innovations, Incorporated
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Emerson Electric Co. (National Instruments Corporation)