Market Research Report
Fiber Optic Sensors Global Market Forecast & Analysis 2015-2020
|Published by||ElectroniCast||Product code||245023|
|Published||Content info||755 Pages
|Fiber Optic Sensors Global Market Forecast & Analysis 2015-2020|
|Published: March 18, 2016||Content info: 755 Pages||
This is the ElectroniCast forecast of global market consumption of Fiber Optic Sensors. The quantitative market forecast data presented in this study report, covering the years 2015-2020, are segmented into the following geographic regions, plus a Global summary:
NOTE: ElectroniCast Consultants provides separate market forecast data for the country of Russia (also known as the Russia Federation) in the Excel File; Russia is a sub-set of the EMEA Region
The market forecast data is presented and segmented in two main sections:
ElectroniCast counts each Point fiber optic sensors as one unit; however, the volume/quantity (number of units) of Distributed Continuous fiber optic sensors is based on a complete optical fiber line and associated components, which are defined as a "system".
Continuous Distributed fiber optic sensor systems involve the optic fiber with the sensors embedded with the fiber. ElectroniCast includes the optoelectronic (system board and/or module), connectors, optical fiber, cable (fiber jacket) and the sensor elements (one uninterrupted line) in this forecast data. It is important to note that POINT sensors are often used in Distributed fiber optic sensor systems (installed at multiple-points/ point-to-point); however, we count their use in the Point fiber optic sensor category and not in the continuous (non-stop) category.
Competition Also included in this market forecast and analysis report from ElectroniCast is an extensive list of fiber optic sensor manufacturers and related companies, along with a matrix table classifying the types of sensors technologies. Market share estimates for the leading competitors are also provided.
Intrinsic and Extrinsic Sensing Monitoring and data transmission using fiber optic sensors and optical fiber in cabling is now commonplace in various applications, via intrinsic fiber optic sensors or extrinsic fiber optic sensors. With an intrinsic sensor, one or more of the sensing/measuring quantity or physical properties (measurand) of the optical fiber passes through or inside the optical fiber and therefore experiences a change. Extrinsic sensing takes place in a region outside of the optical fiber and the optical fiber acts as a transmission media of light to and from (linking) the sensing interface.
Fiber Optic Point Sensors The ElectroniCast market forecast of the Fiber Optic Point Sensors is segmented by the following end-user applications:
Sensing/Measuring (Measurand) The ElectroniCast Fiber Optic Point Sensor Forecast further segmented by the following sensing/measuring quantity (measurand) types:
Distributed Continuous Sensors The market forecast of the Distributed Continuous Sensors is further segmented by application and by technology, as follows:
Extensive Technology Review This report by ElectroniCast Consultants provides a very detailed review of applicable technologies, including:
This study is based on analysis of information obtained continually over 25 years, but updated through mid-March 2016. Continuously, ElectroniCast 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:
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:
In analyzing and forecasting the complexities of the North American and other geographic region markets 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. ElectroniCast members who participated in this report were qualified.
Bottom-up Methodology ElectroniCast forecasts are developed initially at the lowest detail level, 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. ElectroniCast 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.
Cross-Correlation Increases Accuracy The quantities of fiber optic sensors, transmitters/receivers, test equipment, biophotonic devices, couplers, filters, attenuators, specialty and singlemode/multimode glass fiber and plastic optical fiber and other optical communication components used in a particular application are interrelated. Since ElectroniCast conducts annual analysis and forecast in each component field, accurate current quantity estimates are part of the corporate internal database. These quantities are cross-correlated as a "sanity check".
ElectroniCast, each year since 1985, has conducted extensive research and updated their forecasts of each fiber optic component category. As technology and applications have advanced, the number of component subsets covered by the forecasts has expanded impressively.
The calculation and analysis data spreadsheet technique is based upon input/output analysis, leveraging the quantitative consumption quantity, price and value of each item in each application at all levels to achieve reasonable quantitative conclusions; this interactive analysis concept, first applied on a major scale by Leonteff, of the US Department of Commerce, in the mid 1950s, was then adopted successfully by analyst/forecasting firms Quantum Science, Gnostic Concepts and (in 1981) by ElectroniCast.
ElectroniCast, founded in 1981, specializes in forecasting technology and global market trends in fiber optics communication components and devices, as well providing market data on light emitting diodes used in lighting.
As an independent consultancy we offer multi-client and custom market research studies to the world's leading companies based on comprehensive, in- depth analysis of quantitative and qualitative factors. This includes technology forecasting, markets and applications forecasting, strategic planning, competitive analysis, customer-satisfaction surveys and marketing/sales consultation. ElectroniCast, founded as a technology-based independent consulting firm, meets the information needs of the investment community, industry planners and related suppliers.
Director of Study
Stephen Montgomery, MBA in Technology Management, President at ElectroniCast Consultants. He joined ElectroniCast in 1990 and has specialized in photonics and fiber optic components market & technology forecasting at ElectroniCast for over 25-years. He has given numerous presentations and published a number of articles on optical communication markets, technology, applications and installations. He is a member of the Editorial Advisory Board of LIGHTWAVE magazine and writes a monthly article covering the optical communication industry for OPTCOM Magazine in Japan.
All data and other information contained in this data base are proprietary to ElectroniCast and may not be distributed or provided in either original or reproduced form to anyone outside the client's internal employee organization, without prior written permission of ElectroniCast.
ElectroniCast, in addition to multiple-client programs, conducts proprietary custom studies for single clients in all areas of management planning and interest. Other independent consultants, therefore, are considered directly competitive. ElectroniCast proprietary information may not be provided to such consultants without written permission from ElectroniCast Consultants.