Global Fiber Bragg Grating Market: Executive Summary on Trends, Latest Developments, Growth Drivers & Risks, Favourite Brands, and Regional Leaders Overview (Includes Business Impact of COVID-19)

  • TBI433306
  • November 28, 2020
  • Global
  • 173 pages
  • Market.US
                                          

The global fiber Bragg grating market is estimated to value US$ 0.5 Bn in 2017 and is expected to register a CAGR of 15.0% in terms of value during the forecast period 2017“2026. The report offers in-depth insights, revenue details, and other vital information regarding the global fiber Bragg grating market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The report includes PEST analysis, Porters Five Forces analysis, and opportunity map analysis for in-depth understanding of the market. The report offers insightful and detailed information regarding the various key players operating in the global fiber Bragg grating market, their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint. The global fiber Bragg grating market is segmented on the basis of type, application, and region /country. A fiber Bragg grating (FBG) is a type of distributed Bragg reflector fabricated in a short segment of optical fiber which acts as a filter that reflects particular wavelengths of light and transmits all others. Fiber Bragg grating (FBG) is a type of reflector placed in optical fiber that reflects particular wavelength of light and transmits the required one. FGBs are made by exposing the core of single-mode fiber to a periodic pattern of high ultraviolet light. This produces a permanent increase in refractive index, creating a fixed index modulation according to exposure pattern.

Global Fiber Bragg Grating Market Dynamics:

Continuous improvements related to fiber Bragg grating writing system, i.e. flexible automation of fiber and mask handling design, is expected to result in increased demand for fiber Bragg grating, as it is widely used in optical sensing applications. Besides fiber Bragg gratings have several applications in telecommunications and oil & gas industries, application scope is also wide and increasing for smart manufacturing and non-destructive testing, which includes composites, laminates, etc. It is also widely used in pressure, strain, and temperature sensing. Technological advancements such as use of Draw-tower process in manufacturing of fiber Bragg grating is in turn resulting in production of higher quality fiber Bragg grating arrays and arrays of different Bragg periods. Fiber Bragg grating lacks appropriate sensitivity, correct dynamic range, and adherence to engineering standards which can limit use of fiber Bragg gratings. In addition, fiber Bragg grating is not easily replaceable without disturbing continuity and functionality of networks, which is expected to hamper growth of the global fiber Bragg grating market. Fiber-optic connectivity is proving beneficial to organizations that use cloud-based services for apps or data storage. Fiber, coupled with voice-over-IP (VoIP) telephony, is a powerful combination for business communications. As a result, an increasing number of companies are opting for various combinations to improve operations, productivity, and efficiency of business.

Market Analysis by Fiber Bragg Grating Product Type:

Among the product type segments, uniform fiber Bragg grating type segment in the global fiber Bragg grating market is estimated to register a CAGR of over 14% over the forecast period. This can be attributed to increasing adoption of acrylic fiber Bragg grating due to its strong wavelength reflected as it satisfies the Bragg condition. The non-uniform fiber Bragg grating segment in the global fiber Bragg grating market is estimated to account for revenue share of over 40%, owing to its increasing use of chirped fiber Bragg grating in various applications, including in telecom, sensing, instrumentation, and microwave photonic is estimated to boost revenue growth of the non-uniform fiber Bragg grating segment over the forecast period. Non-uniform fiber Bragg grating includes chirped fiber Bragg grating, Gaussian Apodized, and zero-mean Gaussian. Analysis by Application: On the basis of application segments, optical fiber sensing segment is projected to register highest CAGR of over 15% owing to factors such as fiber Bragg grating sensors ability to overcome challenges associated with electrical sensing such as being lightweight, miniaturized, and having low thermal conductivity, etc. Revenue year-on-year growth of industrial segment in the global fiber Bragg grating market is estimated to increase moderately during the forecast period. This is owing to increasing demand for optical fiber sensors from the oil and gas industry and construction sector for structural health monitoring is further expected to support growth of the segment over the forecast period. Use of sensors in optical fiber for measurement as proximity, acceleration, vibration, strain, chemical pressure, liquid level, etc. are other factors expected to drive demand and adoption.

Analysis by Region /Country:

Growth of the fiber Bragg grating market in Europe is forecasted to expand steadily in the near future. The market in developing countries in Asia Pacific is witnessing fastest growth for fiber Bragg grating market. The growth in Asia Pacific market is expected to be driven by increasing demand for fiber Bragg grating in countries such as India and China. China market is expected to dominate the global fiber Bragg grating market and revenue year on year growth of the China market is expected to increase rapidly during the forecast period, as compared to that of markets in other regions. In China, fiber Bragg grating is used in large span bridges to monitor structure health to ensure structure integrity, as bridges are a major component to maintain efficient road and transportation connectivity in the country. According to the European Commission, Europe is the second-largest producer of petroleum products and accounts for 16% of global refining capacity. Use of fiber Bragg grating for obtaining geological information in the oil & gas industry is expected to further drive growth of the fiber Bragg grating market in Europe over the forecast period. E-commerce, e-government, and e-learning platforms are major end-use applications requiring high broadband network connections in various countries in the region, which is expected to drive growth of the global fiber Bragg grating market in the near future. Presence of prominent manufacturers in various countries, and increasing applications of fiber Bragg grating in government sector are major factors projected to boost growth of the global fiber Bragg grating market over the forecast period.

Market Segmentation of Global Fiber Bragg Grating Market:

Segmentation by product type:

  • Uniform Fiber Bragg Grating
  • Non-Uniform Fiber Bragg Grating

Segmentation by application:

  • Optical Fiber Communications
  • Optical Fiber Sensing
  • Optical Information Processing

Key Market Players included in the report: Global Fiber Bragg Grating Market

  • TECHNICA OPTICAL COMPONENTS LLC
  • AOS GmbH
  • Ascentta, Inc.
  • FORC Photonics
  • Hottinger Baldwin Messtechnik GmbH
  • ITF Technologies Inc.
  • FBGS Technologies GmbH
  • ADVANCED PHOTONICS INTERNATIONAL INC.
  • Micron Optics, Inc.
  • Smart Fibers Ltd.
  • IDIL Optical Fibers
  • iXBlue Photonics
  • O/E Land Inc.
  • Optromix
  • Hexatronic Group AB (publ)
  • QPS Photronics Inc.
  • TeraXion, Inc.
  • Raysung photonics Inc.
  • Timbercon, Inc.
  • INFIBRA TECHNOLOGIES Srl

Key Insights Covered: Global Fiber Bragg Grating Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Fiber Bragg Grating industry. 2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Fiber Bragg Grating industry. 3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Fiber Bragg Grating industry. 4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Fiber Bragg Grating industry. 5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Fiber Bragg Grating industry.

Research Methodology: Global Fiber Bragg Grating Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.

1.0 Chapter 1

 	1.1 Preface
 	1.2 Assumptions
 	1.3 Abbreviations

2.0 Chapter 2

 	2.1 Report Description

 	2.1.1 Market Definition and Scope


 	2.2 Executive Summary

 	2.2.1 Market Snapshot, By Product Type
 	2.2.2 Market Snapshot, By Application
 	2.2.3 Market Snapshot, By Country/Region
 	2.2.4 Prudour Opportunity Map Analysis



3.0 Chapter 3

 	3.0.1 Global Fiber Bragg Grating Market Dynamics
 	3.0.2 Drivers (D)
 	3.0.3 Restraints (R)
 	3.0.4 Opportunities
 	3.0.5 Trends
 	3.0.6 DR Impa
|  read more...

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