Get In Touch

Fiber Bragg Grating (FBG) are simple and low-cost sensor or filter that are built into the core of a wavelength-specific fiber cable. FBGs are used as inline optical filters to block certain wavelengths, or as wavelength-specific reflectors. Fiber Bragg Grating is one of the most useful, reliable, versatile and attractive passive devices in the fields of optical fiber communications and fiber optic sensors. In simple terms, it is an electronic device designed to measure ultra-high speed events in optical fiber in telecom industry. FBGs have an intrinsic capability to measure a variety of parameters along a single fiber, such as: strain, temperature, pressure, chemical and biological agents, and many others. These multi-point sensing arrays of many relative low cost FBGs, provide great flexibility of design and make them ideal devices to be adopted for a multitude of different sensing applications and implemented in different fields and industries.

The FBG market is expected to expand at a higher growth rate in the forecast period owing to the increasing demand of effective sensor capable of measuring multiple physical parameters such as temperature, pressure, and acoustic waves in any given environment. FBGs sensors are used in wide range of applications in automotive, aerospace, Oil & gas and among others. The global Fiber Bragg Grating market is expected to witness a substantial growth during the forecast period. This is due to its increasing demand across various application sectors such as industrial, aerospace, oil & gas and telecom sector. However, need for industry standards on FBGs and FBG-based sensors, adequate and reliable packaging designs, as well as training and education of prospective customers and end-users are some of the restraining factor for the growth of FBGs market. Efforts are being taken by many companies to upgrade their research and development activities to analyze further application that is expected to generate profitable growth opportunities for the Fiber Bragg Grating market in the forecast period.

The global Fiber Bragg Grating market is segmented on the basis of product type, application, end-user and region. On the basis of product type, the Fiber Bragg Grating market has been segmented into FBG filter and FBG sensor. The FBG sensors are designed to offer higher accuracy, longer stability, smaller size, immunity to electromagnetic interference (EMI) and the ability to measure ultra-high speed events. These sensors are ideal for pressure sensing, temperature sensing, fluid-level measurement, position measurement, vibration measurement. By Application, the Fiber Bragg Grating market has been segmented into sensing, measuring, monitoring, and others. On the basis of end-user, the Fiber Bragg Grating market is segmented into Telecommunication, Aerospace, Energy & Utilities, Transportation and others. Telecommunication end user is expected to the largest application segment owing to massive usage of optical fibers in telecommunication applications.

In the region wise study, the global fiber bragg grating market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific which comprises China, India, South Korea, Australia and other rising economies captured significant market share followed by North America and Europe in 2017. Asia Pacific showed the fastest growth rate during the forecast period due to the emerging economies. China represents huge potential for the fiber bragg grating with the low cost of raw materials and huge production facilities in the country. The region’s dominance is attributed to increasing usage of internet in countries such as Japan, South Korea, China, and India. Moreover, rapid level of industrialization in this region is also contributing to growth of fiber bragg grating market.

The global Fiber Bragg Grating market is highly fragmented with number of companies operating in the segment. Leading players are currently focusing on providing cost competitive products to the customers. Some of the key players engaged in Fiber Bragg Grating market include various manufacturers such as Advanced Optics Solutions GmbH, Micron Optics, Proximion AB, HBM FiberSensing, ITF Technologies, Inc., FBGS Technologies GmbH, Technica, iXFiber, GEOPTEX bvba (FOS&S), and   Alnair Labs Corporation ABB Ltd and among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Fiber Bragg Grating Market