Fiber Bragg Grating Sensors Market

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.

Fiber Bragg Grating Sensors Market 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. Fiber Bragg Grating Sensors Market 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.