Lewes, DE -- (SBWIRE) -- 06/03/2019 -- Continuous- and Quasi-Distributed fiber optics sensor systems are forecast to reach $8.47 Billion in 2028… and Point (Local) fiber optic sensors are forecast to reach $1.7 Billion in 2028.
Publisher Consultants, a leading market/technology forecast consultancy, today announced the release of their market forecast and analysis of the global consumption of Fiber Optic Sensors. The market forecast data is presented and segmented in two main sections:
- Distributed Fiber Optic Sensor (Continuous and Quasi): System Level
- Fiber Optic Point (Local) Sensors: Component-Level
According to the study, during the 2018-2028 timeline, the worldwide consumption value of the combined use of Continuous- and Quasi-Distributed fiber optics sensor systems is forecasted to increase from $3.78 billion to $8.47 billion. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.
Distributed fiber optic sensors are counted as complete systems, which include several components (optoelectronic transmitter/receiver, connectors, optical fiber, cable (fiber jacket), other passive optical components, and enclosures; the quasi-distributed system also includes the FBG sensor elements).
Continuous Distributed sensing (system) provides continuous, real-time measurements along the entire length of a fiber optic cable; continuous distributed sensing does not rely upon manufactured sensors but utilizes the optical fiber.
Quasi-Distributed sensing (system) utilizes Fiber Bragg gratings (FBGs), which have been employed as sensing elements where dense (closely-spaced) sensing points are required, and the FBGs are multiplexed with various methods. The use of these FBGs are not "doubled-counted" in the Point Sensor market forecast data.
The Petrochemical/ Energy sector is forecast to hold onto the 1st-place market share position, until the year 2022 when the Civil Engineering/Construction application takes the lead. The Civil Engineering/ Construction sector, which includes continuous- and quasi- distributed fiber sensors used in Structural Health Monitoring (SHM) as well as other concerns in buildings, roadways, railways, bridges, tunnels, towers, and other structures, is also forecast for strong growth. Inspection and quality control frequently constitute the largest portion of production costs for many industries. There is a growing need for reducing "false alarms" by improved measurement solutions, which offer higher precision, speed and accuracy and provide better in-process measurement of moving objects, resulting in lower costs for better products. The Military/Aerospace/Security is a strong user of security boundary sensors, and aircraft measurement sensors.
The Manufacturing/ Factory segment tends to favor point sensors instead of distributed fiber systems. Also, the Biomedical/ Science sector is a relatively minor user, in terms of consumption value, since the length of optical fiber is (very) short versus the other applications; therefore the average selling prices for the distributed continuous fiber optic sensor systems are low compared to the larger (longer length of optical fiber) distributed continuous fiber optic sensor systems used in other applications.
Monitoring and data transmission using fiber optic sensors and optical fiber in cabling is now commonplace in various applications, via Point (Local) sensor components/ modules or Distributed Continuous fiber optic sensors (complete) systems.
According to the Publisher, the global consumption value of Point (Local) fiber optic sensors reached $1.15 billion last year (2018). The American region is forecast to maintain its leadership position in the Point fiber optic sensor marketplace through the year 2022, until the EMEA (Europe, Middle East, Africa) region, led by military/ aerospace applications, as well as biomedical/science and petrochemical/energy applications.
Last year (2018), the worldwide use of Distributed Fiber Optic Sensors Systems., which includes both Continuous- and Quasi-Distributed fiber optics sensor systems, reached $3.78 Billion. Segmented by major application categories, the market consumption value was led by the Petrochemical/Energy/Natural Resources/Utility sector, followed closely by the Military/Aerospace/Security sector.
Fiber Optic Sensors Global Market Forecast & Analysis 2018-2028
Report Description
This is the Publisher forecast of global market consumption of Fiber Optic Sensors, segmented into the following geographic regions, plus a Global summary:
The Americas (North America, Central and South America)
EMEA (Europe, Middle Eastern countries, plus Africa)
APAC (Asia Pacific)
The market forecast data is presented and segmented in two main sections:
Fiber Optic Point (Local) Sensors: Component-Level
Distributed Fiber Optic Sensor (Continuous and Quasi): System Level
Point Sensor Sensing/Measuring Quantity The Point Sensor Forecast further segmented by the following sensing/measuring types:
Mechanical Strain
Temperature
Pressure
Chemical, Gas, Liquid
Vibration, Acoustic, Seismic
Displacement, Acceleration, Proximity
Electric, Current and Magnetic Field - Fiber Optic Sensors
Rotation (such as Fiber Optic Gyroscopes: FOGs)
Fiber Optic Point Sensors - Applications The Point Sensors is segmented by the following end-user applications:
Manufacturing Process/Factory
Civil Engineering/Construction (roadways/railways, buildings, bridges, etc)
Military/Aerospace/Security
Test & Measurement used in Telecom, CATV, Datacom
Biomedical/Science
Petrochemical/Energy/Utilities/Natural Resources
Automotive/Vehicle
Distributed fiber optic sensors are counted as systems, which include several components (optoelectronic transmitter/receiver, connectors, optical fiber, cable (fiber jacket), other passive components, and enclosures; the quasi-distributed system also includes the FBG sensor elements).
Continuous Distributed sensing (system) provides continuous, real-time measurements along the entire length of a fiber optic cable; continuous distributed sensing does not rely upon manufactured sensors but utilizes the optical fiber.
Quasi-Distributed sensing (system) utilizes Fiber Bragg gratings (FBGs), which have been employed as sensing elements where dense (closely-spaced) sensing points are required, and the FBGs are multiplexed with various methods. The use of these FBGs are not "doubled-counted" in the Point Sensor market forecast data.
Distributed Sensors Market Forecast Application and Technology Categories:
Manufacturing Process/Factory
Continuous – Interferometric
Continuous – Raman scattering (Raman effect)
Continuous – Brillouin Scattering
Quasi-Distributed (Grating-Based)
Civil Engineering/Construction (buildings, bridges, tunnels, etc)
Continuous – Interferometric
Continuous – Raman scattering (Raman effect)
Continuous – Brillouin Scattering
Quasi-Distributed (Grating-Based)
Military/Aerospace/Security
Continuous – Interferometric
Continuous – Raman scattering (Raman effect)
Continuous – Brillouin Scattering
Quasi-Distributed (Grating-Based)
Petrochemical/Energy/Utilities/Natural Resources
Continuous – Interferometric
Continuous – Raman scattering (Raman effect)
Continuous – Brillouin Scattering
Quasi-Distributed (Grating-Based)
Biomedical/Science
Continuous – Interferometric
Continuous – Raman scattering (Raman effect)
Continuous – Brillouin Scattering
Quasi-Distributed (Grating-Based)
Technology Review This study report provides a review of applicable technologies, including:
Interferometry
Intensity
Polarization
Fiber Bragg Grating (FBG)
Raman back-scattering
Fluorescence
Brillouin waves
Doppler Anemometry
Spectroscopy
Waveguides/ Specialty Optical Fiber
Optrode
Competition Also included in this market forecast and analysis report from Publisher Consultants is an extensive list of nearly 160-fiber optic sensor manufacturers and related companies, along with a matrix table classifying the types of sensors technologies. Market share estimates (2018) for the selected leading competitors are also provided.
Market Forecast Data Base – Microsoft Excel Spreadsheets:
The market forecast data are presented for fiber optic sensors, segmented by the following functions:
Consumption Value (US$, million)
Quantity (number/units in Thousands)
Average Selling Prices (ASP $, each)
Excel File Contents:
Fiber Optic Sensor Company / Product Matrix
Market Forecast Data Table
Distribution Fiber Optic Sensor Market Forecast
Global
America
Europe, Middle East, Africa (EMEA)
Asia Pacific (APAC)
Point Fiber Optic Sensor Market Forecast
Global
Point Fiber Optic Sensors – America
Point Fiber Optic Sensors – EMEA
Point Fiber Optic Sensors – APAC
Market Research Methodology Information Base
This study is based on analysis of information obtained continually over 30 years, but updated through the end of May 2019. Continuously, Publisher analysts performed interviews with authoritative and representative individuals in the fiber optics industry plus automotive, petrochemical/energy/ utilities, civil engineering/construction, telecommunications, data communication, military/aerospace/security and other (multiple) industries, instrumentation/ laboratory – R&D and factory/manufacturing, from the standpoint of both suppliers and users of fiber optic sensors. The interviews were conducted principally with:
Engineers, marketing personnel and management at manufacturers of fiber optic sensors, test equipment, biophotonics and medical devices, mechanical splice, connectors, transceivers and receivers, as well as LEDs, laser diodes and photodiodes, and other components used in the fabrication of optoelectronic transceivers, specialty optical fiber, optical fiber/cable and installation apparatus
Design group leaders, engineers, marketing personnel and market planners at major users and potential users of fiber optic sensor system manufacturers, defense (primary) contractors, weapon system, aircraft and spacecraft electronic equipment producers, optical instrumentation system producers, optic fiber/cable, telecommunication transmission, commercial/industrial, manufacturing switching and distribution equipment producers, data communications equipment producers (switches, hubs, routers), computer and workstation producers, and others. Other industry experts, including those focused on standards activities, trade associations, and investments.
The interviews covered issues of technology, R&D support, pricing, contract size, reliability, documentation, installation/maintenance crafts, standards, supplier competition and other topics. Customers also were interviewed, to obtain their estimates of quantities received and average prices paid, as a crosscheck of vendor estimates. Customer estimates of historical and expected near term future growth of their application are obtained. Their views of use of new technology products were obtained.
The analyst then considered customer expectations of near-term growth in their application, plus forecasted economic payback of investment, technology trends and changes in government regulations in each geographical region, to derive estimated growth rates of quantity and price of each product subset in each application. These forecasted growth rates are combined with the estimated baseline data to obtain the long-range forecasts at the lowest detailed level of each product and application.
A full review of published information was also performed to supplement information obtained through interviews. The following sources were reviewed:
Professional technical journals and papers; Trade press articles
Technical conference proceedings; Product literature
Company profile and financial information
Additional information based on previous Publisher market studies
Personal knowledge of the research team
In analyzing and forecasting the complexities of the total available market for optical interconnect products, it is essential that the market research team have a good and a deep understanding of the technology and of the industry. Publisher members who participated in this report were qualified.
Bottom-up Methodology
Publisher forecasts are developed initially at the lowest detail level, and then summed to successively higher levels. The background market research focuses on the amount of each type of product used in each application in the base year (last year), and the prices paid at the first transaction from the manufacturer. This forms the base year data. Publisher analysts then forecast the growth rates in component quantity use in each application, along with price trends, based on competitive, economic and technology forecast trends, and apply these to derive long term forecasts at the lowest application levels. The usage growth rate forecasts depend heavily on analysis of overall end user trends toward digital broadband communication equipment usage and economic payback.
Spanning over 735 pages "Fiber Optic Sensors Global Market Forecast & Analysis 2018-2028" report covers Executive Summary, Point Fiber Optic Sensor Measurand and Application Market Forecast, Distributed Fiber Optic Sensor Systems Market Forecast, Fiber Optic Sensor Technology, Competitive Market Share Estimates, Research Methodology, Definitions - Acronyms, Abbreviations, and General Terms, Market Forecast and Analysis Database Introduction/Explanation. This report Covered 236 Companies few are - AFL Telecommunications, Alstom, Alxenses Company Limited, BEI Electronics LLC, Biolitec group, Brugg Kabel AG, Chiral Photonics, CiDRA, Draper Laboratories, Edinburgh University, Emcore Corporation, FBG Korea, FBGS, FCI Environmental Inc.
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