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Fiber Optic Sensors Market Driven By Increase in Technological Innovations and Wide Range of Applications 2017-2022

Fiber Optic Sensors Market is segmented on the basis of types, applications, manufacturer and regions.
Satish Inamdar | 28.03.2018
Fiber Optic Sensors Market is segmented on the basis of types, applications, manufacturer and regions. Optical fiber sensors are used as a mode of transmitting signals from a remote sensor to the electronics that process the signals or as sensing element. It is used to obtain real time strain, temperature, pressure, and vibration. The market is expected to grow significantly over the forecast period owing to its various applications in several sectors such as automotive, oil and gas, manufacturing, aircraft and shipbuilding, electronics, and packaging & logistics.

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With technological advancement in the fiber optical sensors market, industry players are introducing highly ultra-miniature and power-efficient fiber optical sensors. The need for robust and reliable sensors has evidently brought about a change in the materials and manufacturing processes. Such trends are expected to bring positive growth in this industry. These sensors are resistance to electromagnetic interference therefore they find extensive use in aerospace industry, manufacturing and oil and gas industry.

Components used are sophisticated and costly, therefore the installation cost is high. Cheap counterfeits are challenge to the industry, they are neither reliable nor accurate but difficult to differentiate between the original and counterfeits. Fiber optics market is segmented by type and end user. On the basis of type, it is segmented as extrinsic and intrinsic fiber optic sensors. Intensity, temperature, strain, pressure and other quantities are measured by using optical fiber as sensors by modifying a fiber so that the quantity in consideration modulates the polarization, phase, intensity, and transit time or wavelength of light in the fiber. Sensors that vary with the intensity of light are easiest to measure, as only a detectors and simple source are required. Intrinsic fiber optic sensors are very useful in very large distances distributed sensing. On the basis of end use it is segmented as oil and gas, infrastructure, manufacturing segment, electronics and packaging & logistics.

In automotive sector these sensors are used to monitor real time pressure and temperature which in determining proper functioning of the vehicle. In aircrafts it has improved the monitoring system of the engine, it gives real time monitoring data of blade vibrations in engine which helps in prolonging the blade life and saving it from damage. It has extensive application in telecom industry in LAN, it helps in providing high speed secure internet. In packing and logistic industry these sensors are used in tracking and record keeping of inventory.

Top Key Players Analysis covered in Fiber Optic Sensors Market Report

• Banner Engineering
• Ifm Efector
• OMRON
• Sick
• Honeywell Sensing and Control
• FISO Technologies
• Micron Optics
• Sensotec
• FBGS TECHNOLOGIES GMBH and many others

Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into

• Intrinsic Fiber Optic Sensors
• Extrinsic Fiber Optic Sensors

Split by application, this report focuses on consumption, market share and growth rate of Fiber Optic Sensors in each application, can be divided into

• Oil and Gas
• Manufacturing
• Infrastructure
• Security
• Others

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Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Fiber Optic Sensors in these regions, from 2011 to 2021 (forecast), like

• North America
• Europe
• China
• Japan
• Korea
• Taiwan

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