Press release
Fiber Bragg Grating (FBG) Market: Competitive Dynamics & Global Outlook 2023
A fiber Bragg grating (FBG) is a type of distributed Bragg reflector constructed in a short segment of optical fiber that reflects particular wavelengths of light and transmits all others. This is achieved by adding a periodic variation to the refractive index of the fiber core, which generates a wavelength specific dielectric mirror. An FBG is an invisible reflector inside the core of the fiber that is set to a specific wavelength of light. When the fiber where the FBG is located is exposed to strain or temperature, the FBG’s “center wavelength” shifts to a higher or lower wavelength. The direction and magnitude of the shift is proportional to the change in strain or temperature.
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Global Fiber Bragg Grating (FBG) Market: Forecast by Type / Application / Region
The industry is not very high concentration, the key brand include Micron Optics, Proximion AB, HBM FiberSensing, ITF Technologies Inc, FBGS Technologies GmbH, Technica, iXFiber, Smart Fibres Limited, fos4x, Advanced Optics Solutions GmbH, Wuhan Ligong Guangke, TeraXion, FBG Korea, GEOPTEX bvba(FOS&S), Alnair Labs Corporation and so on.
The global Fiber Bragg Grating (FBG) market segmentation on the basis of type includes Fiber Bragg Grating Filter, Fiber Bragg Grating Sensors and Others. Fiber Bragg Grating Sensors are dominating the market with about 75% share in 2016.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Over the next five years, LPI(LP Information) projects that Fiber Bragg Grating (FBG) will register a 25.3% CAGR in terms of revenue, reach US$ 2070 million by 2023, from US$ 670 million in 2017.
Global Fiber Bragg Grating (FBG) Market: Key Players
Micron Optics
Proximion AB
HBM FiberSensing
ITF Technologies Inc
FBGS Technologies GmbH
Technica
iXFiber
Smart Fibres Limited
fos4x
Advanced Optics Solutions GmbH
Wuhan Ligong Guangke
TeraXion
FBG Korea
GEOPTEX bvba (FOS&S)
Alnair Labs Corporation
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Related Information:
United States Fiber Bragg Grating (FBG) Market Research Report 2018
Europe Fiber Bragg Grating (FBG) Market Research Report 2018
North America Fiber Bragg Grating (FBG) Market Research Report 2018
Asia-Pacific Fiber Bragg Grating (FBG) Market Research Report 2018
China Fiber Bragg Grating (FBG) Market Research Report 2018
EMEA Fiber Bragg Grating (FBG) Market Research Report 2018
Global Fiber Bragg Grating (FBG) Market Research Report 2018
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