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.
In automotive sector these
sensors are used to monitor real time pressure and temperature which in determining
proper functioning of the vehicle. In aircrafts it has improved the monitoring
system of the engine, it gives real time monitoring data of blade vibrations in
engine which helps in prolonging the blade life and saving it from damage. It
has extensive application in telecom industry in LAN, it helps in providing
high speed secure internet. In packing and logistic industry these sensors are
used in tracking and record keeping of inventory.
North America is considered to
be the largest market for the forecast period but its growth rate is
anticipated to be moderate. Developed manufacturing, oil & gas, aerospace,
and automotive industry makes it a huge market.Europe is also expected to be
key contributor to this industry owing to the presence of aerospace industry
such as Airbus and BAE system and huge automobile production from BMW, Audi and
Volkswagen which uses these sensors extensively.
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