Fiber Optic Sensors Market Trends, Types, Manufacturer and Applications Analysis 2017-2022
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.
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.
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<strong>Fiber</strong> <strong>Optic</strong> <strong>Sensors</strong> <strong>Market</strong> <strong>Trends</strong>,<br />
<strong>Types</strong>, <strong>Manufacturer</strong> <strong>and</strong> <strong>Applications</strong><br />
<strong>Analysis</strong> <strong>2017</strong>-<strong>2022</strong><br />
“<strong>Optic</strong>al fiber sensors are used as a mode of<br />
transmitting signals from a remote sensor to the<br />
electronics that process the signals or as sensing<br />
element. It is used to obtain real time strain,<br />
temperature, pressure, <strong>and</strong> vibration. With<br />
technological advancement in the fiber optical sensors<br />
market, industry players are introducing highly ultraminiature<br />
<strong>and</strong> power-efficient fiber optical sensors.”<br />
<strong>Optic</strong>al fiber sensors are used as a mode of transmitting signals from a remote sensor to the electronics that process the<br />
signals or as sensing element. It is used to obtain real time strain, temperature, pressure, <strong>and</strong> vibration. The market is<br />
expected to grow significantly over the forecast period owing to its various applications in several sectors such as<br />
automotive, oil <strong>and</strong> gas, manufacturing, aircraft <strong>and</strong> shipbuilding, electronics, <strong>and</strong> packaging & logistics.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/fiber-optic-sensors-market<br />
With technological advancement in the fiber optical sensors market, industry players are introducing highly ultraminiature<br />
<strong>and</strong> power-efficient fiber optical sensors. The need for robust <strong>and</strong> reliable sensors has evidently brought about<br />
a change in the materials <strong>and</strong> 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,<br />
manufacturing <strong>and</strong> oil <strong>and</strong> gas industry.<br />
Components used are sophisticated <strong>and</strong> costly, therefore the installation cost is high. Cheap counterfeits are challenge<br />
to the industry, they are neither reliable nor accurate but difficult to differentiate between the original <strong>and</strong> counterfeits.<br />
<strong>Fiber</strong> optics market is segmented by type <strong>and</strong> end user. On the basis of type, it is segmented as extrinsic <strong>and</strong> intrinsic<br />
fiber optic sensors. Intensity, temperature, strain, pressure <strong>and</strong> other quantities are measured by using optical fiber as<br />
sensors by modifying a fiber so that the quantity in consideration modulates the polarization, phase, intensity, <strong>and</strong> transit<br />
time or wavelength of light in the fiber. <strong>Sensors</strong> that vary with the intensity of light are easiest to measure, as only a<br />
detectors <strong>and</strong> simple source are required. Intrinsic fiber optic sensors are very useful in very large distances distributed<br />
sensing. On the basis of end use it is segmented as oil <strong>and</strong> gas, infrastructure, manufacturing segment, electronics <strong>and</strong><br />
packaging & logistics.<br />
In automotive sector these sensors are used to monitor real time pressure <strong>and</strong> temperature which in determining proper<br />
functioning of the vehicle. In aircrafts it has improved the monitoring system of the engine, it gives real time monitoring<br />
data of blade vibrations in engine which helps in prolonging the blade life <strong>and</strong> saving it from damage. It has extensive<br />
application in telecom industry in LAN, it helps in providing high speed secure internet. In packing <strong>and</strong> logistic industry<br />
these sensors are used in tracking <strong>and</strong> record keeping of inventory.<br />
North America is considered to be the largest market for the forecast period but its growth rate is anticipated to be<br />
moderate. Developed manufacturing, oil & gas, aerospace, <strong>and</strong> automotive industry makes it a huge market. Europe is<br />
also expected to be key contributor to this industry owing to the presence of aerospace industry such as Airbus <strong>and</strong> BAE<br />
system <strong>and</strong> huge automobile production from BMW, Audi <strong>and</strong> Volkswagen which uses these sensors extensively.<br />
Asia pacific is expected to have largest growth rate for the forecast period owing to continuous automation in industries.<br />
Industries such as oil & gas, manufacturing <strong>and</strong> automotive have observed increasing dem<strong>and</strong> for sophisticated<br />
equipment most of which requires optical sensors for monitoring. Middle East <strong>and</strong> Africa are expected to have slow<br />
growth rate as the market are in very nascent stage due to less industrial development.<br />
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Key vendors in this industry are IFM Efector, Banner Engineering, Honeywell Sensing <strong>and</strong> Control, OMRON, Sick AG,<br />
Sensotec GmbH, <strong>and</strong> Micron <strong>Optic</strong>s Inc. In October 2014, Micron <strong>Optic</strong>s Inc. provider of fiber optics sensing systems<br />
launched si255 <strong>Optic</strong>al Sensing Interrogator. si255 <strong>Optic</strong>al Sensing Interrogator offers more wavelength scanning range,<br />
more parallel channels <strong>and</strong> featured with dynamic <strong>and</strong> absolute measurements.<br />
In August 2013, Micron <strong>Optic</strong>s Inc. provider of optical sensing systems launched os5500 Displacement Gage it based<br />
on <strong>Fiber</strong> Bragg Grating (FBG) technology. It is used to measure displacements of up to 450 mm between two gauge<br />
points on the surface of a specimen for long period of time. Its response time is fast, stable, <strong>and</strong> high resolution<br />
measurements are obtained.<br />
<strong>Market</strong> Segment
This report studies <strong>Fiber</strong> <strong>Optic</strong> <strong>Sensors</strong> in Global market, especially in North America, Europe, China, Japan,<br />
Korea <strong>and</strong> Taiwan, focuses on top manufacturers in global market, with capacity, production, price, revenue <strong>and</strong><br />
market share for each manufacturer, covering<br />
• Banner Engineering<br />
• Ifm Efector<br />
• OMRON<br />
• Sick<br />
• Honeywell Sensing <strong>and</strong> Control<br />
• FISO Technologies<br />
• Micron <strong>Optic</strong>s<br />
• Sensotec<br />
• FBGS TECHNOLOGIES GMBH<br />
• NORTHROP GRUMMAN<br />
• BeiYang<br />
• B<strong>and</strong>weaver<br />
<strong>Market</strong> Segment by Regions, this report splits Global into several key Regions, with production, consumption,<br />
revenue, market share <strong>and</strong> growth rate of <strong>Fiber</strong> <strong>Optic</strong> <strong>Sensors</strong> in these regions, from 2011 to 2021 (forecast), like<br />
• North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Korea<br />
• Taiwan<br />
See More Reports of This Category by Million Insights @<br />
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Split by product type, with production, revenue, price, market share <strong>and</strong> growth rate of each type, can be divided<br />
into<br />
• Intrinsic <strong>Fiber</strong> <strong>Optic</strong> <strong>Sensors</strong><br />
• Extrinsic <strong>Fiber</strong> <strong>Optic</strong> <strong>Sensors</strong><br />
Split by application, this report focuses on consumption, market share <strong>and</strong> growth rate of <strong>Fiber</strong> <strong>Optic</strong> <strong>Sensors</strong> in<br />
each application, can be divided into<br />
• Oil <strong>and</strong> Gas<br />
• Manufacturing<br />
• Infrastructure<br />
• Security<br />
• Others<br />
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https://www.millioninsights.com/industry-reports/fiber-optic-sensors-market
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