Global Fiber Optic Sensors Market Trends and Strategic Forecast, 2024-2029, Featuring Broadcom, Rockwell Automation, Hamamatsu Photonics, Sumitomo Electric Industries, and Yokogawa Electric Corporation
Dublin, July 26, 2024 (GLOBE NEWSWIRE) -- The "Fiber Optic Sensors: Global Markets" report has been added to ResearchAndMarkets.com's offering.
The global market for fiber optic sensors was valued at $3.2 billion in 2023. The market is anticipated to grow from $3.5 billion in 2024 to $5.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2029.
Report Scope
This study analyzes the many types of fiber optic sensors, including intrinsic and extrinsic sensors, as well as the many applications of these sensors, such as defense, energy, construction, transportation, security, telecommunication and medical. It analyzes the trends, drivers and regional dynamics of the global market. The report concludes by providing profiles of the leading sensor companies. The base year for the study is 2023, and projections for 2024 through 2029 included, along with projected compound annual growth rates (CAGRs) for the forecast period.
The report focusing on the key components of the sensors: transmitters and receivers, optical amplifiers, fiber optic cables and dispersion compensators; technologies such as fiber optic gyroscopes, coated fiber sensors, fiber Bragg grating (FBG), Raman scattering sensors and interferometric sensors. The report breaks down the global market into four regions: North America, Europe, Asia-Pacific and Rest of the World (RoW), which includes Latin America, the Middle East and Africa.
Report Includes
60 data tables and 48 additional tables
An overview of the global market for fiber optic sensors
Analysis of global market trends, with historical revenue data for 2023, estimated figures for 2024, forecasts for 2025, 2027 and 2029, and projected CAGRs through 2029
Identification of new opportunities, challenges, and technological changes in the industry
Market share analysis by type, technology, component, application, and region
Examination of the present and future strategies of fiber optic sensor companies
Discussion of distributed sensing systems and miniaturization of sensors, and their applications
Analysis of R&D activity, product launches and the regulatory scenario
Analysis of the key companies' market shares, mergers & acquisitions, joint ventures, collaborations, and other market strategies
Profiles of major market players, including Broadcom, Rockwell Automation, Hamamatsu Photonics, Sumitomo Electric Industries Ltd., and Yokogawa Electric Corporation
Key Topics Covered:
Chapter 1 Executive Summary
Market Outlook
Scope of the Report
Market Summary
Technological Advances
Market Dynamics
Emerging Trends
Segmental Analysis
Regional Analysis
Conclusion
Chapter 2 Market Overview
Overview
Future Landscape
Value Chain Analysis
Porter's Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Potential for New Entrants
Level of Competition
Threat of Substitutes
Impact of Russia-Ukraine War
Chapter 3 Market Dynamics
Overview
Market Drivers
Increased Demand for High Bandwidth
Advances in Fiber Optic Technology
Immunity to Electromagnetic Interference
Cost Reduction in Long-Term Maintenance
Miniaturization and Flexibility
Market Restraints
Initial Cost of Investment
Compatibility Issues
Market Opportunities
Emerging Markets
R&D
Chapter 4 Regulatory Landscape
Overview
International Standards
Regional Regulations
Industry-specific Regulations
Environmental and Safety Compliance
Chapter 5 Emerging Technologies and Developments
Emerging Trends
AI
Emergence of Fiber Optic Biosensors
Development of Hybrid Sensor Systems
Internet of Things (IoT)
Miniaturization and Wearable Sensors
Distributed Sensing Technologies
Specialty Optical Fibers, Nanomaterials, and Functional Coatings
Quantum Sensing
Integrated Photonics and Chip-Scale Sensors
Patent Analysis
Regional Patterns
Key Findings
Chapter 6 Market Segmentation Analysis
Segmentation Breakdown
Market Breakdown by Product Type
Overview
Intrinsic
Extrinsic
Market Breakdown by Component
Overview
Transmitters and Receivers
Optical Amplifiers
Fiber Optic Cables
Dispersion Compensators
Other Components
Market Breakdown by Technology
Overview
Fiber Optic Gyroscopes
Coated Fiber Sensors
Fiber Bragg Grating (FBG)
Raman Scattering Sensors
Interferometric Sensors
Other Fiber Optic Sensor Technologies
Market Breakdown by Application
Overview
Defense
Energy
Construction
Transportation
Security
Telecommunications
Medical
Other Applications
Geographic Breakdown
Market Breakdown by Region
Overview
North America
Europe
Asia-Pacific
Rest of the World
Chapter 7 Competitive Landscape
Analysis of Leading Companies
Chapter 8 Environmental, Social and Governance (ESG) Perspective
Overview
Environmental
Social
Governance
Status of ESG in the Fiber Optic Sensor Industry
Concluding Remarks
Chapter 9 Appendix
Research Methodology
References
Abbreviations
Company Profiles
Amphenol Corp.
Analog Devices Inc.
Banner Engineering Corp.
Baumer
Broadcom
Ciena Corp.
Coherent Corp.
Corning Inc.
Emcore Corp.
Halliburton
Hamamatsu Photonics K.K.
Keyence Corp.
Leuze Electronic Gmbh + Co. KG
Molex
Omron Corp.
Proximion AB (Hexatronic Group)
Rockwell Automation
SLB
Sensuron
Sumitomo Electric Industries Ltd.
TE Connectivity
Yokogawa Electric Corp.
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