Press release
Fiber Optic Sensor Market New Development 2021 | Top Keyplayers - ABB, Fujikura Ltd, Furukawa Electric Co., Ltd, Halliburton etc.
Fiber Optic Sensor Market
The fiber optic sensor market is estimated to grow with a CAGR of 10.9% during the forecast period, 2017–2029. Fiber optic sensors depict a strong feature of 'reliability,' which drives their application in various challenging industries, such as energy and power. They can also be used to deliver light from a remote source to a detector in order to obtain pressure, temperature, or spectral information. Additionally, it can be used directly as a transducer to measure several environmental effects, such as strain, pressure, and electrical resistance. Environmental changes affect the light intensity, phase, and polarization in ways that can be detected at the other end of the fiber, further providing security and accuracy to the users.
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The Major Manufacturers Covered in this Report:
ABB, Fujikura Ltd, Furukawa Electric Co., Ltd, Halliburton, Honeywell International Inc., Neubrex Co., Ltd, NTT, Inc., Omron Corporation, Oki Electric Industry Co., Ltd, Panasonic Corporation, Schlumberger Limited, Autonics Corporation, Siemens, Sumitomo Electric Industries, Ltd, Baumer, Yokogawa Electric Corporation, Asahi Kasei Corporation, Weatherford International plc, Keyence Corporation, Micro-Epsilon, Takenaka Electronic Industrial Co. Ltd, Tokyo Measuring Instruments Laboratory Co, Ltd, SWCC Showa Holdings Co. Ltd. and more...
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029
Market Segmentation:
By Component
Transmitters
Receivers
Optical Amplifiers
Fiber Optic cable
By Type
Extrinsic/Hybrid Fiber Optic Sensors
Bragg Grating Sensors
Extrinsic Fabry Perot Fiber Sensors
Intrinsic Fiber Optic Sensors
Distributed Sensors
Interferometric Sensors
Intrinsic Fabry Perot Fiber Sensors
Microbend Sensors
By Application
Chemical/ BioDetection
Induction Heating
Mode Coupling
Raman Scattering
Rayleigh Scattering
By Material
Glass Fiber Optic Sensors
Plastic Fiber Optic Sensors
By Industrial Verticals
Defense
Energy and Power
Medical
Transportation
Industrial
Regional Segmentation:
North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Impact of COVID-19
The COVID-19 outbreak has significantly decelerated the price of crude oil = in a short period of time, which will further reduce the oil sector investments and delay the delivery of offshore installations currently being built at Asian yards. This will negatively affect the deployment of fiber optical sensors this year. Furthermore, aircraft engineers often need hundreds or thousands of fiber optic sensors for each application. Fiber optic sensors are widely used for aerospace applications. The negative impact of COVID-19 on the aerospace sector will also affect the fiber optic sensor.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Fiber Optic Sensor Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Fiber Optic Sensor Market sub-markets, depending on key regions (various vital states).
To analyze the Global Fiber Optic Sensor Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Fiber Optic Sensor Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Fiber Optic Sensor Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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