Fiber Optic Sensors Market 2017: Size, Share, Global Scenario And Technological Advancements

Optical fiber sensors are used as a mode of transmitting signals from a remote sensor to the electronics that process the signals or as sensing element. It is used to obtain real time strain, temperature, pressure, and vibration. The market is expected to grow significantly over the forecast period owing to its various applications in several sectors such as automotive, oil and gas, manufacturing, aircraft and shipbuilding, electronics, and packaging & logistics.

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With technological advancement in the fiber optical sensors market, industry players are introducing highly ultra-miniature and power-efficient fiber optical sensors. The need for robust and reliable sensors has evidently brought about a change in the materials and manufacturing processes. Such trends are expected to bring positive growth in this industry. These sensors are resistance to electromagnetic interference therefore they find extensive use in aerospace industry, manufacturing and oil and gas industry.

Components used are sophisticated and costly, therefore the installation cost is high. Cheap counterfeits are challenge to the industry, they are neither reliable nor accurate but difficult to differentiate between the original and counterfeits.Fiber optics market is segmented by type and end user. On the basis of type, it is segmented as extrinsic and intrinsic fiber optic sensors. Intensity, temperature, strain, pressure and other quantities are measured by using optical fiber as sensors by modifying a fiber so that the quantity in consideration modulates the polarization, phase, intensity, and transit time or wavelength of light in the fiber. Sensors that vary with the intensity of light are easiest to measure, as only a detectors and simple source are required. Intrinsic fiber optic sensors are very useful in very large distances distributed sensing. On the basis of end use it is segmented as oil and gas, infrastructure, manufacturing segment, electronics and packaging & logistics.

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