Global Fiber Optic Sensors Market Growth 2023-2029

Global Fiber Optic Sensors Market Growth 2023-2029

Fiber optic sensors are fiber-based devices for sensing some quantity, typically temperature or mechanical strain, but sometimes also displacements, vibrations, pressure, acceleration, rotations or concentrations of chemical species.
The general principle of such devices is that light from a laser (often a single-frequency fiber laser) or from a superluminescent source is sent through an optical fiber, experiences subtle changes of its parameters either in the fiber or in one or several fiber Bragg gratings, and then reaches a detector arrangement which measures these changes.
Compared with other types of sensors, fiber optic sensors exhibit a number of advantages:
 They consist of electrically insulating materials (no electric cables are required), which makes possible their use e.g. in high-voltage environments.
 They can be safely used in explosive environments, because there is no risk of electrical sparks, even in the case of defects.
 They are immune to electromagnetic interference (EMI), even to nearby lightning strikes, and do not themselves electrically disturb other devices.
 Their materials can be chemically passive, i.e., do not contaminate their surroundings and are not subject to corrosion.
 They have a very wide operating temperature range (much wider than is possible for many electronic devices).
 They have multiplexing capabilities: multiple sensors in a single fiber line can be interrogated with a single optical source
LPI (LP Information)' newest research report, the “Fiber Optic Sensors Industry Forecast” looks at past sales and reviews total world Fiber Optic Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Fiber Optic Sensors sales for 2023 through 2029. With Fiber Optic Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fiber Optic Sensors industry.
This Insight Report provides a comprehensive analysis of the global Fiber Optic Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fiber Optic Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fiber Optic Sensors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fiber Optic Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fiber Optic Sensors.
The global Fiber Optic Sensors market size is projected to grow from US$ 1348.2 million in 2022 to US$ 2929.1 million in 2029; it is expected to grow at a CAGR of 2929.1 from 2023 to 2029.
Micron Optics, Honeywell, FISO Technologies, Omron and FBGS TECHNOLOGIES GMBH are the top 5 manufacturters of global Fiber Optic Sensors, with about 39% market shares.
This report presents a comprehensive overview, market shares, and growth opportunities of Fiber Optic Sensors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Intensity Modulated Fiber Optic Sensors
Phase Modulated Fiber Optic Sensors
Wavelength Modulated Fiber Optic Sensors
Polarization Modulated Fiber Optic Sensors
Segmentation by application
Oil & Gas
Buildings and Bridges
Tunnels
Dams
Heritage Structures
Power Grid
Aerospace Applications
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Micron Optics
Honeywell
FISO Technologies
Omron
FBGS TECHNOLOGIES GMBH
Proximion
Smart Fibres Limited
Sensornet
ITF Labs / 3SPGroup
Keyence
IFOS
NORTHROP GRUMMAN
O/E LAND, Inc
KVH
Photonics Laboratories
Chiral Photonics
FBG TECH
OPTOcon GmbH
Redondo Optics
Broptics
Wutos
Pegasus (Qingdao) Optoelectronics
BEIYANG
Bandweaver
DSC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fiber Optic Sensors market?
What factors are driving Fiber Optic Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fiber Optic Sensors market opportunities vary by end market size?
How does Fiber Optic Sensors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.