Market Research Report
Fiber Optic Sensors Global Market Forecast & Analysis 2018-2028
|Published by||ElectroniCast||Product code||245023|
|Published||Content info||735 Pages
Delivery time: 1-2 business days
|Fiber Optic Sensors Global Market Forecast & Analysis 2018-2028|
|Published: May 29, 2019||Content info: 735 Pages||
This is the ElectroniCast forecast of global market consumption of Fiber Optic Sensors, segmented into the following geographic regions, plus a Global summary:
The market forecast data is presented and segmented in two main sections:
Fiber Optic Point (Local) Sensors: Component-Level
The Point Sensor Forecast further segmented by the following sensing/measuring types:
The Point Sensors is segmented by the following end-user applications:
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.
This study report provides a review of applicable technologies, including:
Also included in this market forecast and analysis report from ElectroniCast 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.
The market forecast data are presented for fiber optic sensors, segmented by the following functions:
This study is based on analysis of information obtained continually over 30 years, but updated through the end of May 2019. 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 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. ElectroniCast members who participated in this report were qualified.
ElectroniCast 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. 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.
The quantities of fiber optic sensors, transmitters/receivers, test equipment, biophotonic devices, couplers, filters, attenuators, specialty and single-mode/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.