Report overview
Fiber Bragg Grating Sensors are sensors that reflects the wavelength of light that moves in response to changes in temperature and/or strain. Fiber Bragg gratings are made by laterally exposing the core of a single mode fiber to a periodic pattern of intense ultraviolet light.
This report aims to provide a comprehensive presentation of the global market for Fiber Bragg Grating Sensors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fiber Bragg Grating Sensors. This report contains market size and forecasts of Fiber Bragg Grating Sensors in global, including the following market information:
Global Fiber Bragg Grating Sensors Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Fiber Bragg Grating Sensors market was valued at US$ 387.3 million in 2022 and is projected to reach US$ 625.2 million by 2029, at a CAGR of 7.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In 2019, North America has the largest production capacity of Fiber Bragg Grating Sensors, accounting for about 32% of the global revenue, while Europe is the second-largest region-wise market (about 28%).
The main manufacturers are Luna Innovations, Proximion (Hexatronic), HBM (HBK), FBGS Technologies GmbH and ITF Technologies. The Top 5 took up about 47% of the global market in 2019.
Fiber Bragg Grating Sensors are mainly classified into the following types: Temperature Sensors, Strain Sensors and Others. Strain Sensors accounted for the largest part of the Sales volume market, with above 55% in 2019.
Fiber Bragg Grating Sensors have wide range of applications: Oil & Gas, Aerospace & Defense, Power Industry, Architecture Industry and Others. Architecture Industry consumed the largest part, with about 39% of the market share by sales volume in 2019, followed by Oil & Gas (about 19%).
We surveyed the Fiber Bragg Grating Sensors companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Fiber Bragg Grating Sensors Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Fiber Bragg Grating Sensors Market Segment Percentages, by Type, 2022 (%)
Temperature Sensors
Strain Sensors
Others
Global Fiber Bragg Grating Sensors Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Fiber Bragg Grating Sensors Market Segment Percentages, by Application, 2022 (%)
Oil & Gas
Aerospace & Defense
Power Industry
Architecture Industry
Others
Global Fiber Bragg Grating Sensors Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Fiber Bragg Grating Sensors Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Fiber Bragg Grating Sensors revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Fiber Bragg Grating Sensors revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Luna Innovations
Proximion (Hexatronic)
HBM (HBK)
ITF Technologies Inc
FBGS Technologies GmbH
Technica
Smart Fibres Limited
Optromix, Inc.
Wuhan Ligong Guangke
FBG Korea
Smartec (Roctest)
Timbercon (Radiall)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Fiber Bragg Grating Sensors, market overview.
Chapter 2: Global Fiber Bragg Grating Sensors market size in revenue.
Chapter 3: Detailed analysis of Fiber Bragg Grating Sensors company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Fiber Bragg Grating Sensors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
