Press release
Fiber Bragg Grating Market Opportunities,SWOT Analysis, Trends & Segmentation.
Fiber Bragg Grating Market
A fiber Bragg grating (FBG) is a type of distributed Bragg reflector fabricated in a short segment of optical fiber which acts as a filter that reflects particular wavelengths of light and transmits all others. Fiber Bragg grating (FBG) is a type of reflector placed in optical fiber that reflects particular wavelength of light and transmits the required one.
Continuous improvements related to fiber Bragg grating writing system, i.e. flexible automation of fiber and mask handling design, is expected to result in increased demand for fiber Bragg grating, as it is widely used in optical sensing applications.
It is also widely used in pressure, strain, and temperature sensing.Technological advancements such as use of Draw-tower process in manufacturing of fiber Bragg grating is in turn resulting in production of higher quality fiber Bragg grating arrays and arrays of different Bragg periods.
The product type segments, uniform fiber Bragg grating type segment in the global fiber Bragg grating market is estimated to register a CAGR of over 14% over the forecast period. This can be attributed to increasing adoption of acrylic fiber Bragg grating due to its strong wavelength reflected as it satisfies the Bragg condition.
Revenue year-on-year growth of industrial segment in the global fiber Bragg grating market is estimated to increase moderately during the forecast period.
Use of sensors in optical fiber for measurement as proximity, acceleration, vibration, strain, chemical pressure, liquid level, etc. are other factors expected to drive demand and adoption.
China market is expected to dominate the global fiber Bragg grating market and revenue year on year growth of the China market is expected to increase rapidly during the forecast period, as compared to that of markets in other regions.
Use of fiber Bragg grating for obtaining geological information in the oil & gas industry is expected to further drive growth of the fiber Bragg grating market in Europe over the forecast period.
Presence of prominent manufacturers in various countries, and increasing applications of fiber Bragg grating in government sector are major factors projected to boost growth of the global fiber Bragg grating market over the forecast period.
A fiber Bragg grating (FBG) is a type of distributed Bragg reflector fabricated in a short segment of optical fiber which acts as a filter that reflects particular wavelengths of light and transmits all others.
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Product type segment includes uniform and non-uniform. The non-uniform fiber Bragg grating segment is estimated to account for a major revenue share in 2017, and is estimated to continue its dominance over the forecast period.
Key players in the global market include TECHNICA OPTICAL COMPONENTS LLC, AOS GmbH, Ascentta, Inc., FORC — Photonics, Hottinger Baldwin Messtechnik GmbH, ITF Technologies Inc., FBGS Technologies GmbH, ADVANCED PHOTONICS INTERNATIONAL INC., Micron Optics, Inc., Smart Fibers Ltd.,
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