Global Fiber Bragg Grating (FBG) Market is Will Grow at a CAGR of 20% During the Forecast Period

(MENAFN- Facts and Factors Market Research) 10-Jun-2020 | Facts and Factors

Findings from Facts and Factors report 'Fiber Bragg Grating (FBG) Market By Product Type (FBG filter, FBG sensor) By Application (Sensing, Measuring, Monitoring and others) and By End User (Telecommunication, Aerospace, Energy & Utilities, Transportation and Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 20192026 states that the global Fiber Bragg Grating (FBG) Market is expected to grow at a CAGR of 20% over the time span.

Fibers Bragg Grating is cost-effective and a simple filter that is established into the center of a wavelength for a specific fiber cable. Fibers Bragg Grating is used as in sequence visual filters in order to chunk specific wavelengths, or in order to streamline the wavelength that has specific reflectors. One of the most reliable, useful, attractive, and versatile submissive devices in fiber communications fields and in the field of fiber optic sensors is fiber Bragg grating. Under intense laser light, the core of a single-mode of fiber is exposed laterally into a periodic pattern to create Fiber Bragg Gratings. Once the fiber is exposed it creates a permanent increase in the core of the refractive index of the fiber and modulates according to the exposed pattern. In other words, in the telecom industry FBG is an electronic piece of equipment used to gauge ultra-high-speed actions in optical fiber. Fibers Bragg Grating is capable of measuring a number of aspects along with a single fiber such as temperature, chemical agents, biological agents, and strain among others. These unique features make them useful in an array of application areas.

Browse the full  'Fiber Bragg Grating (FBG) Market By Product Type (FBG filter, FBG sensor) By Application (Sensing, Measuring, Monitoring and others) and By End User (Telecommunication, Aerospace, Energy & Utilities, Transportation and Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 20192026"   [...]

The increasing demand for efficient sensors able of measuring several physical aspects such as pressure, temperature, acoustic waves, and others in various conditions is expected to expand the growth rate of the Fibers Bragg Grating market during the forecast period. The Fibers Bragg Grating sensors and devices are utilized in a wide range of application areas such as Oil & gas, automotive, aerospace, and others.

The market is expected to observe a significant growth rate with numerous factors leading to the upsurge. This substantial growth increase is expected with growing demand in a variety of end-use industry verticals areas such as telecom, industrial applications, and others. Furthermore, the requirement for standards on the grating and grating-based sensors that are mandatory to be adhered to by the manufacturers is expected to hinder the market growth in the long term. However, manufacturers and companies operating in this market are rapidly investing in research and development activities to expand the market presence and product development. These reasons are expected to create market opportunities for various manufacturers operating in this market.

The Fiber Bragg Grating (FBG) market is categorized based on product type, application, end-user, and region. The product type segments are further divided into the FBG filter, FBG sensor. The application segment is further divided into Sensing, Measuring, Monitoring, and others. Furthermore, on the basis of end-use, the market is bifurcated into Telecommunication, Aerospace, Energy & Utilities, Transportation, and others.

Top Industry Players

Companies operating in this market are rapidly expanding their business presence through extensive mergers and acquisitions. Some of the key players operating in the Fiber Bragg Grating (FBG) market around the globe include Alnair Labs Corporation ABB Ltd., Advanced Optics Solutions GmbH, Micron Optics, Proximion AB, HBM FiberSensing, ITF Technologies, Inc., FBGS Technologies GmbH, Technica, iXFiber, GEOPTEX bvba (FOS & S) and others.

This report segments the Fiber Bragg Grating (FBG) Market as follows:

Global Fiber Bragg Grating (FBG) Market: By Product Type Segmentation Analysis

• FBG filter
• FBG sensor

Global Fiber Bragg Grating (FBG) Market: By Application Segmentation Analysis

• Sensing,
• Measuring,
• Monitoring
• Others

Global Fiber Bragg Grating (FBG) Market: By End User Segmentation Analysis

• Telecommunication
•  Aerospace
• Energy & Utilities
• Transportation
• Others

Global Fiber Bragg Grating (FBG) Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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