Global Fiber Bragg Grating Sensors Market Size, Status and Forecast 2021-2027

Posted on Jul 22 2021 5:44 PM

"Fiber Bragg Grating Sensors are sensors that reflects the wavelength of light that moves in response to changes in temperature and/or strain."

Fiber Bragg Grating Sensors are sensors that reflects the wavelength of light that moves in response to changes in temperature and/or strain. Fiber Bragg gratings are made by laterally exposing the core of a single mode fiber to a periodic pattern of intense ultraviolet light.


In 2019, North America has the largest production capacity of Fiber Bragg Grating Sensors, accounting for about 32% of the global revenue, while Europe is the second-largest region-wise market (about 28%).

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The main manufacturers are Luna Innovations, Proximion (Hexatronic), HBM (HBK), FBGS Technologies GmbH and ITF Technologies. The Top 5 took up about 47% of the global market in 2019.


Fiber Bragg Grating Sensors are mainly classified into the following types: Temperature Sensors, Strain Sensors and Others. Strain Sensors accounted for the largest part of the Sales volume market, with above 55% in 2019.

Fiber Bragg Grating Sensors have wide range of applications: Oil & Gas, Aerospace & Defense, Power Industry, Architecture Industry and Others. Architecture Industry consumed the largest part, with about 39% of the market share by sales volume in 2019, followed by Oil & Gas (about 19%).


Market Analysis and Insights: Global Fiber Bragg Grating Sensors Market

The global Fiber Bragg Grating Sensors market size is projected to reach US$ 577.6 million by 2027, from US$ 350.3 million in 2020, at a CAGR of 7.4% during 2021-2027.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Fiber Bragg Grating Sensors market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Fiber Bragg Grating Sensors market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Fiber Bragg Grating Sensors market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Fiber Bragg Grating Sensors market.


Global Fiber Bragg Grating Sensors Scope and Market Size

Fiber Bragg Grating Sensors market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Fiber Bragg Grating Sensors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.


Segment by Type

Temperature Sensors
Strain Sensors
Others


Segment by Application

Oil & Gas
Aerospace & Defense
Power Industry
Architecture Industry
Others

By Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA


By Company

Luna Innovations
Proximion (Hexatronic)
HBM (HBK)
ITF Technologies Inc
FBGS Technologies GmbH
Technica
Smart Fibres Limited
Optromix, Inc.
Wuhan Ligong Guangke
FBG Korea
Smartec (Roctest)
Timbercon (Radiall)


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Table of content

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Fiber Bragg Grating Sensors Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Temperature Sensors
1.2.3 Strain Sensors
1.2.4 Others
1.3 Market by Application
1.3.1 Global Fiber Bragg Grating Sensors Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Oil & Gas
1.3.3 Aerospace & Defense
1.3.4 Power Industry
1.3.5 Architecture Industry
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered

2 Global Growth Trends
2.1 Global Fiber Bragg Grating Sensors Market Perspective (2016-2027)
2.2 Fiber Bragg Grating Sensors Growth Trends by Regions
2.2.1 Fiber Bragg Grating Sensors Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Fiber Bragg Grating Sensors Historic Market Share by Regions (2016-2021)
2.2.3 Fiber Bragg Grating Sensors Forecasted Market Size by Regions (2022-2027)
2.3 Fiber Bragg Grating Sensors Industry Dynamic
2.3.1 Fiber Bragg Grating Sensors Market Trends
2.3.2 Fiber Bragg Grating Sensors Market Drivers
2.3.3 Fiber Bragg Grating Sensors Market Challenges
2.3.4 Fiber Bragg Grating Sensors Market Restraints

3 Competition Landscape by Key Players
3.1 Global Top Fiber Bragg Grating Sensors Players by Revenue

 

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