openPR Logo
Press release

Fiber Optic Sensor Market Size to Outstrip $5,506.24Mn by 2028 Growth Projections at 9.16% CAGR During 2021 to 2028 COVID Impact and Global Analysis by TheInsightPartners.com

10-11-2021 04:11 PM CET | IT, New Media & Software

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

According to our new research study on “Fiber Optic Sensor Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Application, Vertical, and Geography,” the Fiber Optic Sensor Market Size is projected to reach US$ 5,506.24 million by 2028 from US$ 2,980.47 million in 2021; it is expected to register a CAGR of 9.16% from 2021 to 2028.

Fiber Optic Sensor Market: Competitive Landscape and Key Developments
AOMS Technologies, Baumer Holding AG, Davidson Instruments, Keyence Corporation, Omnisens SA, Omron Corporation, OptaSense Ltd, SICK AG, Solifos AG, and Yokogawa Electric Corporation are among the key market players in the global fiber optic sensor market. The leading companies are focusing on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

Get Exclusive Sample Pages of Fiber Optic Sensor Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at https://bit.ly/3oNAEZn

In April 2020, AOMS Technologies and PCL Construction entered a partnership to make IoT-enabled "Smart Construction" a new reality. This partnership is expected to further enhance Job Site Insights (JSI), PCLS's cloud-based construction platform.

In May 2020, Omnisens SA announced the release of ODAS, its new family of Distributed Acoustic Sensing (DAS) interrogators that combines chirped pulse laser technology with Omnisens' techniques on programmable chirp coding and modulation.

In the automotive sector, fiber optic sensors are used in lighting applications. The fiber transmits cold light, making it a safe alternative to traditional sealed beam or halogen lighting. Apart from the safety advantage, the light source is easily accessible and offers greater freedom of design. The deployment of fiber optics also allows the separation of the light source and output location, thereby providing high-performance lighting options with reduced physical space requirements, making them suitable for difficult and restricted access locations. The sensors are also used in automobiles in onboard safety devices and systems, such as operating airbags, traction control devices, and safety systems. According to the Organization Internationale des Constructeurs d'Automobiles (OICA), ~91.3 million vehicles were sold across the world in 2019. Further, rising disposable incomes, mainly in emerging countries in APAC, promote the sales of passenger vehicles, which, in turn, would fuel the adoption of fiber optic sensors. Thus, the rising annual automotive sale is a significant factor contributing to the growth of the fiber optic sensor market.

Impact of COVID-19 Pandemic on Fiber Optic Sensor Market:

The COVID-19 pandemic created enormous disruption across industries, including electronics and semiconductors. Every phase of the business model has witnessed a drastic change, including the manufacturing units, capital expenditures, R&D, demand, supply chain, production decisions, and mergers and acquisitions (M & M&A). Over the past several months, the COVID-19 outbreak had severely challenged the electronics and manufacturers in strategy making. The disruption among raw material suppliers, temporary closure of manufacturing units, limited funding, and weak demand from customers have showcased adverse impacts on the electronics and semiconductor manufacturers.

According to Electronic Components Industry Association (ECIA), the outbreak of COVID-19 resulted in a delay in product releases and disruption in supply chain events and other industry activities. Several manufacturers have temporarily halted the manufacturing units due to lesser demand for the products due to lockdown measures and limited manufacturing resources. Additionally, the manufacturers of various electronic and semiconductor products, including sensors, have been experiencing a substantial delay in lead times. During the first quarter of 2020, numerous Chinese manufacturers had temporarily shut down their manufacturing facilities, thereby showing a decline in supply and demand for electronics and semiconductor products worldwide. These factors have negatively impacted the fiber optic sensor market.

AOMS Technologies; Baumer Group; Davis Instruments; Keyence Corporation; Omnisens SA; OMRON Corporation; Halliburton Energy Services, Inc.; and Luna Innovations Incorporated are among the prominent manufacturers of fiber optic sensors. In May 2021, Halliburton Company collaborated with TGS-NOPEC Geophysical ASA; through this collaboration, the companies aim to offer oil & gas plant operators improved insights to decide their reservoir potential for oil and gas production or carbon storage. Further, Luna Innovations unveiled a new measurement solution enabled with the improved fiber-optic sensing technology; the solution is optimized for greater precision and authentic high-definition distributed temperature measurements. The Optical Distributed Sensor Interrogator (ODiSI) platform of Luna is the industry’s high-definition fiber optic temperature measurement system capable of eliminating error-causing impacts of mechanical strain on fiber optic temperature sensors. Thus, with more such developments, the demand of fiber optic sensors would increase in the coming years.

Order a Copy of Fiber Optic Sensor Market Size, Share, Strategic Insights and Forecasts 2021-2028 Research Report at https://bit.ly/3mIfcSL

Fiber Optic Sensor market: Type Overview
Based on application, the fiber optic sensor market is segmented into temperature sensing, pressure sensing, acoustic sensing, strain sensing, and others. The temperature sensing segment held the largest market share in 2020.

Contact US:
If you have any queries about this report or would like further information, please contact us:
North America: +1 646 491 9876
Asia-Pacific: +91 20 6727 8686
Email: sales@theinsightpartners.com

ABOUT US:
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get the value of their money along with better quality data and analysis.
Our research content is majorly focused on market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis etc. We provide a detailed break-up of segmentation in terms of geography, technology, product and services etc.; which helps our clients to get deeper analysis on various research topics.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fiber Optic Sensor Market Size to Outstrip $5,506.24Mn by 2028 Growth Projections at 9.16% CAGR During 2021 to 2028 COVID Impact and Global Analysis by TheInsightPartners.com here

News-ID: 2424702 • Views:

More Releases from The Insight Partners

Medical Device Validation and Verification Market Worth by 2031
Medical Device Validation and Verification Market Worth by 2031
Offers a comprehensive overview of the market's current state and future growth trajectory. It identifies key drivers, challenges, and opportunities, providing valuable insights for various business stakeholders. According to the report's forecast, the sector is set to witness a steady expansion in market size, market share, and innovation over the next six years. Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00016735/?utm_source=OpenPR&utm_medium=10759 Key Growth Drivers The press release details five major factors propelling the market forward: 1. Stringent
Medical Vacuum Filters Market Positioned for Substantial Growth Through 2031
Medical Vacuum Filters Market Positioned for Substantial Growth Through 2031
New York, US - August 28, 2025- A new market report from The Insight Partners projects a strong and steady expansion for the global medical vacuum filters market, fueled by a confluence of rising healthcare demands and technological innovation. The report, titled "Medical Vacuum Filters Market Share, Size, Trends, and Forecast by 2031," highlights that the sector is set for significant growth in both market size and innovation over the
Growing Industrial Automation and IoT Driving the Level Translators Market
Growing Industrial Automation and IoT Driving the Level Translators Market
New York, US - August 21, 2025- The market for level translators is projected to grow significantly by 2031, fueled by the rise in industrial automation and the expanding use of consumer electronics, automotive systems, and IoT devices. According to a new report from The Insight Partners, this growth is driven by the increasing need for components that can seamlessly bridge the gap between devices operating at different voltage
Beveling Machine Market Driven by Precision Engineering
Beveling Machine Market Driven by Precision Engineering
New York, US - August 21, 2025 - A newly released Beveling Machine Market report by The Insight Partners provides a comprehensive view of how automation, innovation, and safety improvements are driving the next phase of development in the metal fabrication sector. As organizations across construction, energy, shipbuilding, and heavy manufacturing demand higher productivity and reduced manual intervention, the global Beveling Machine Market size is set to grow steadily through

All 5 Releases


More Releases for Optic

Enhancing Fiber Optic Network Efficiency: Innovations in MPO Patch Cords and Fib …
As the demand for data transmission continues to grow, businesses and service providers are placing higher expectations on the reliability and efficiency of fiber optic networks. In response, innovations in MPO patch cords [https://www.sdgicable.com/products-detail/id-30.html] and fiber optic splitters [https://www.sdgicable.com/products-detail/Fiber-Optic-Splitter.html ] have emerged as key solutions for optimizing fiber optic networks. These advancements not only increase transmission speed and reliability but also simplify cabling systems, offering more efficient solutions for data
Fiber Optic Ring for Fiber Optic Gyro Market Research Report | Valuates Reports
Fiber Optic Ring for Fiber Optic Gyro Market Research Report | Valuates Reports Fiber Optic Ring for Fiber Optic Gyro is the fiber optic ring applied to fiber optic gyroscope manufacturing. The global Fiber Optic Ring for Fiber Optic Gyro market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030. North American market for Fiber Optic
Fiber optic adhesives glue for fiber optic cable assembly and their benefits
Fiber optic adhesives glue for fiber optic cable assembly and their benefits Adhesives for fiber optic are an important part of the whole system as they play a very integral role. These adhesives can act as coatings and sealants in fiber optic devices. Some of the most common applications of adhesives for fiber optics include: Handling Vgroove types of assemblies Field and splices repairs Bonding the fiber optic bundles to ferrules Potting the fiber optic
Global fiber optic connectivity market | fibre broadband, fiber internet, fiber …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Global Fiber Optic Connectivity Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. The fiber optic connectivity market report provides analysis for the period 2016
Global Presents Fiber-optic Filters Market Growth and Forecast 2018 to 2028(Segm …
Fiber-optic filters market: Market Overview Due to increasing reliance of organizations on IT (Information Technology), the demand for robust, agile and cost effective IT infrastructure is growing rapidly. The fabric-optic filter market is expanding rapidly as the telecom service providers in this modern era are moving towards fiber-based networking services. Increasing advancements in telecom industry is one of the major factors driving the growth of the fiber-optic filter market worldwide. Furthermore,
Fiber-optic couplers Market Segmentation By Type Y Fiber-optic Couplers, T Fiber …
Fiber-optic couplers market: Market Overview Due to increasing reliance of organizations on IT, the demand for robust, agile and cost effective IT infrastructure is growing rapidly and supporting the Fiber-optic couplers market. The fabric-optic couplers market is expanding rapidly as the telecom services providers in this modern era are moving towards fiber based networking services. Increasing advancements in the telecom industry are one of the major factors driving the growth of