Fiber Optic Sensor Market Research Report- Forecast to 2022

Global Fiber Optic Sensor Market, by Type (Intrinsic, Extrinsic), by End-User (Transportation, Medical, Defense, Industrial, Energy & Power), by Component (Receiver, Transmitter, Fiber optic cable, Optical amplifier) - Forecast 2022

ID: MRFR/SEM/1874-HCR | February 2021 | Region: Global | 100 pages


Market Synopsis of Fiber Optic Sensor Market:             


Market Scenario:


The fiber optic sensor consist of fiber optic cable connected to a remote sensor or an amplifier and has the ability to convert light energy into electrical signal. It is used to sense temperature, pressure, rotation, vibrations, and concentration of chemical species. The fiber optic sensor have various applications in the field of remote sensing as it reduces electrical power and is small in size thereby can be easily fit in small areas. It is bad conductor of electricity and possess immune characteristics for electromagnetic interference thereby can be used in places which is having high voltage electricity or any flammable material. Further, the major advantages of fiber optic sensor over conventional sensors are: ideal for microwave, and harsh & hostile environment, can monitor wide range of physical & chemical parameters and consist of thin, low-less glass wire having higher refractive index than its surrounding region which allows light to propagate through single or multimode fiber. 


The high demand of fiber optic sensors in Oil & gas and construction industry are the major growth drivers of fiber optic sensor market during 2016-2022. Fiber optic sensor has high tolerance capacity and well suited for extreme temperature conditions thereby propelling its market growth in industrial as well as in energy & power sector. Also, growing deployment of fiber optic sensors in smart buildings, defense service operations, and in medical sector is expected to drive the market growth in the upcoming future. However, high installation cost and high sensing capability might hamper the growth of fiber optic sensor market during forecast period 2016-2022.


Global Fiber Optic Sensor Market (2016-2022):
Global Fiber Optic Sensor Market


 Globally the Fiber Optic Sensor Market is expected to grow at the rate of more than ~11% from 2016 to 2022.


Study Objective of Fiber Optic Sensor market:



  • To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the Global Fiber Optic Sensor

  • To provide insights about factors affecting the market growth.

  • To analyze the fiber optic sensor market based on various factors- porters five force analysis, mega trend analysis, macroeconomic indicators etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment by services, deployment, end-users and sub-segments.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global fiber optic sensor


Key Players for Fiber Optic Sensor Market:


Some of the major players in Global Fiber Optic Sensor Market includes ABB Ltd. (Switzerland), Yokogawa Electric Corporation (Japan), OmniSens S.A. (Switzerland), Deltex Medical Group PLC (UK), Finisar Corporation (U.S.), AP Sensing GmbH (Germany), Sumitomo Electric Industries Ltd. (Japan), AFL Group (U.S.), Luna Innovations Incorporated (U.S.), and, others.



Segments for Fiber Optic Sensor Market:

Global Fiber Optic Sensor Market can be segmented as follows:


Segmentation by Type: Intrinsic and extrinsic fiber optic sensors.


Segmentation by Component: Transmitters, receivers, optical amplifiers, fiber optic cable and others.


Segmentation by End-Users: Defense, energy & power, medical, transportation, industrial and others.


 


Regional Analysis of Fiber Optic Sensor Market:

Geographically, North America is expected to dominate the fiber optic sensor market during the forecast period 2016-2022 followed by Europe. The North America market further classified into its major countries U.S., Canada and Mexico. The companies in the region is focusing in increasing their production and improving their distribution network. Also, increasing demand of handheld devices in smart control system of factory automation is expected to propel the market growth of fiber optic sensor in the region. Asia-Pacific is expected to be the fastest growing market in fiber optic sensor market due to growing demand of fiber optic sensors in oil& gas and construction industry in the region. Also, rising need of handheld devices and electronic systems is expected to fuel the growth of fiber optic sensor market in the region by the end of 2022.


Target Audience:



  • Device manufacturers

  • Component manufacturers and suppliers

  • Maintenance and service providers

  • Technology investors

  • Suppliers & distributors

  • Research & consultancy

  • End-users



Frequently Asked Questions (FAQ) :


The segmental assessment of the market is included in this report on the basis of type, end-user, and component.

The end-user segments profiled are as follows – industrial, defense, medical, energy & power, transportation, and others.

The U.S., Canada and Mexico are the prime country-level markets of North America.

The oil & gas and construction industries are supposed to drive demand growth in Asia Pacific.

1. Executive Summary

2. Research Methodology

2.1. Scope of the study

2.1.1. Definition

2.1.2. Research Objective

2.1.3. Assumptions

2.1.4. Limitations

2.2. Research Process

2.2.1. Primary Research

2.2.2. Secondary Research

2.3. Market size Estimation

2.4. Forecast Model

3. Market Dynamics

3.1. Market Drivers

3.2. Market Inhibitors

3.3. Supply/Value Chain Analysis or Market Ecosystem

3.4. Porter’s Five Forces Analysis

4. Fiber Optic Sensor Market, by Type

4.1. Introduction

4.2. Intrinsic

4.3 Extrinsic

4.4 Others

5. Fiber Optic Sensor Market, by Component

5.1. Introduction

5.2. Transmitters

5.3 Receivers

5.4 Optical amplifiers

5.5 Fiber optic cable

5.6 Others

6. Fiber Optic Sensor Market, By End-User

6.1. Introduction

6.2. Defense

6.3. Energy & Power

6.4. Medical

6.5. Transportation

6.6. Industrial

6.7. Others

7. Regional Market Analysis

7.1. Introduction

7.2. North America

7.2.1. U.S.

7.2.2. Canada

7.2.3. Mexico

7.3. Europe

7.3.1. U.K.

7.3.2. France

7.3.3. Germany

7.3.4. Rest of Europe

7.4. Asia-Pacific

7.4.1. China

7.4.2. Japan

7.4.3. India

7.4.4. South Korea

7.4.5. Rest of Asia-Pacific

7.5. Middle East & Africa

8. Competition Analysis

8.1. Introduction

8.2. Competitive Scenario

8.2.1. Market Share Analysis

8.2.2. Market Development Analysis

8.2.3. Product/Service Benchmarking

8.3. Company Profiles

8.3.1. ABB Ltd. (Switzerland)

8.3.1.1 Overview

8.3.1.2. Product/Service Offering

8.3.1.3. Strategy

8.3.2. Yokogawa Electric Corporation (Japan)

8.3.2.1. Overview

8.3.2.2. Product/Service Offering

8.3.2.3. Strategy

8.3.3. OmniSens S.A. (Switzerland)

8.3.3.1. Overview

8.3.3.2. Product/Service Offering

8.3.3.3. Strategy

8.3.4. Deltex Medical Group PLC (UK )

8.3.4.1. Overview

8.3.4.2. Product/Service Offering

8.3.4.3. Strategy

8.3.5. Finisar Corporation (U.S.)

8.3.5.1. Overview

8.3.5.2. Product/Service Offering

8.3.5.3. Strategy

8.3.6. AP Sensing GmbH (Germany)

8.3.6.1. Overview

8.3.6.2. Product/Service Offering

8.3.6.3. Strategy

8.3.7. Sumitomo Electric Industries Ltd. (Japan)

8.3.7.1. Overview

8.3.7.2. Product/Service Offering

8.3.7.3. Strategy

8.3.8. AFL Group (U.S.)

8.3.8.1. Overview

8.3.8.2. Product/Service Offering

8.3.8.3. Strategy

8.3.9. Luna Innovations Incorporated (U.S.)

8.3.9.1. Overview

8.3.9.2. Product/Service Offering

8.3.9.3. Strategy

8.3.10. Ziebel AS (Norway)

8.3.10.1. Overview

8.3.10.2. Product/Service Offering

8.3.10.3. Strategy

LIST OF TABLES

TABLE 1 GLOBAL FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 2 GLOBAL FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 3 GLOBAL FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 4 GLOBAL FIBER OPTIC SENSOR MARKET, BY REGIONS

TABLE 5 NORTH AMERICA FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 6 NORTH AMERICA FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 7 NORTH AMERICA FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 8 U.S. FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 9 U.S. FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 10 U.S. FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 11 CANADA FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 12 CANADA FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 13 CANADA FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 14 EUROPE FIBER OPTIC SENSOR MARKET, BY COUNTRY

TABLE 15 EUROPE FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 16 EUROPE FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 17 EUROPE FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 18 GERMANY FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 19 GERMANY FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 20 GERMANY FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 21 FRANCE FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 22 FRANCE FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 23 FRANCE FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 24 U.K. FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 25 U.K. FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 26 U.K. FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 27 REST OF EUROPE FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 28 REST OF EUROPE FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 29 REST OF EUROPE FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 30 ASIA-PACIFIC FIBER OPTIC SENSOR MARKET, BY COUNTRY

TABLE 31 ASIA-PACIFIC FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 32 ASIA-PACIFIC FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 33 ASIA-PACIFIC FIBER OPTIC SENSOR MARKET, BY END-USER

TABLE 34 MIDDLE EAST & AFRICA FIBER OPTIC SENSOR MARKET, BY TYPE

TABLE 35 MIDDLE EAST & AFRICA FIBER OPTIC SENSOR MARKET, BY COMPONENT

TABLE 36 MIDDLE EAST & AFRICA FIBER OPTIC SENSOR MARKET, BY END-USER

LIST OF FIGURES

FIGURE 1 RESEARCH PROCESS

FIGURE 2 GLOBAL FIBER OPTIC SENSOR MARKET: BY TYPE (%)

FIGURE 3 GLOBAL FIBER OPTIC SENSOR MARKET: BY COMPONENT (%)

FIGURE 4 GLOBAL FIBER OPTIC SENSOR MARKET: BY END-USER (%)

FIGURE 5 GLOBAL FIBER OPTIC SENSOR MARKET: BY REGION

FIGURE 6 NORTH AMERICA FIBER OPTIC SENSOR MARKET, BY TYPE (%)

FIGURE 5 NORTH AMERICA FIBER OPTIC SENSOR MARKET, BY COMPONENT (%)

FIGURE 7 NORTH AMERICA FIBER OPTIC SENSOR MARKET, BY END-USER (%)

FIGURE 8 NORTH AMERICA FIBER OPTIC SENSOR MARKET, BY COUNTRIES (%)

FIGURE 9 EUROPE FIBER OPTIC SENSOR MARKET, BY TYPE (%)

FIGURE 10 EUROPE FIBER OPTIC SENSOR MARKET, BY COMPONENT (%)

FIGURE 11 EUROPE FIBER OPTIC SENSOR MARKET, BY END-USER (%)

FIGURE 12 EUROPE FIBER OPTIC SENSOR MARKET, BY COUNTRIES (%)

FIGURE 13 ASIA-PACIFIC FIBER OPTIC SENSOR MARKET, BY TYPE (%)

FIGURE 14 ASIA-PACIFIC FIBER OPTIC SENSOR MARKET, BY COMPONENT (%)

FIGURE 15 ASIA-PACIFIC FIBER OPTIC SENSOR MARKET, BY END-USER (%)

FIGURE 16 ASIA-PACIFIC FIBER OPTIC SENSOR MARKET, BY COUNTRIES (%)

FIGURE 17 ROW FIBER OPTIC SENSOR MARKET, BY TYPE (%)

FIGURE 18 ROW FIBER OPTIC SENSOR MARKET, BY TYPE (%)

FIGURE 19 ROW FIBER OPTIC SENSOR MARKET, BY END-USER (%)