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Asia Pacific Fiber Bragg Grating Market

2021

Asia Pacific Fiber Bragg Grating Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (FBG Sensor and FBG Filter & Others), Application (Sensing, Measuring, Monitoring, and Others), and Industry (Telecommunication, Aerospace, Energy and Utilities, Transportation, and Others)

Publication Month: Nov 2021 | Report Code: TIPRE00025768 | No. of Pages: 117 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Asia Pacific Fiber Bragg Grating Market to Grow at a CAGR of 28.9% to reach US$ 1,941.37 million Million from 2021 to 2028

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The fiber bragg grating market in APAC is expected to grow from US$ 328.73 million in 2021 to US$ 1,941.37 million by 2028; it is estimated to grow at a CAGR of 28.9% from 2021 to 2028.

Australia, China, India, Japan, South Korea are major economies in APAC. High usage of fiber bragg grating due to their multiple advantages is the major factor driving the growth of the APAC fiber bragg grating market. FBGs are being increasingly adopted across numerous applications, owing to their advantages such as direct absolute measurement, unique wavelength multiplexing capability, and nonconductivity. Moreover, they are electrically passive and immune to EMI-induced noise. The fiber bragg grating sensors mounting is like conventional gages. Also, they are available in different mounting options and form factors. When fiber bragg grating are used with high power tunable laser, they can conduct the task of measurements over long distances with minimal or no loss in signal integrity. In addition, every optical channel is capable of measuring dozens of fiber bragg grating sensors, unlike electrical sensing systems. This, in turn, lowers the size, complexity, and weight of measurement systems. Moreover, as fiber bragg grating provide direct absolute measurement when compared to old, conventional electric & alternative fiber sensors, these are being used in medical, aircraft, research & development, industrial, and telecommunication applications. Hence, due to the advantages of fiber bragg grating, their adoption rate is booming, which is another driving factor for the market.

APAC is one of the crucial regions for the market's future growth, owing to many developing countries such as China and India. These countries have a high industrial presence, a positive economic outlook, and favorable government policies, which provide immense growth opportunities for the FBG market. However, the COVID-19 outbreak has caused massive disruptions in the growth of various sectors of the APAC region. For instance, according to the National Statistical Office (NSO) data, the manufacturing sector output declined by 20.6% in May 2020 compared to a growth of 3.1% in May 2019 due to travel restrictions, closing of manufacturing plants, unavailability of raw materials, and workforce. However, with manufacturing plants resuming their operations, the production of FBG filters and sensors will rise, eventually boosting the growth of the fiber bragg grating market in APAC.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC fiber bragg grating market. The APAC fiber bragg grating market is expected to grow at a good CAGR during the forecast period.
APAC fiber bragg grating market

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APAC Fiber Bragg Grating Market Segmentation

APAC Fiber Bragg Grating Market – By Type

  • FBG Sensor
  • FBG Filter and others

APAC Fiber Bragg Grating Market – By Application

  • Sensing
  • Measuring
  • Monitoring and others

APAC Fiber Bragg Grating Market – By Industry

  • Telecommunication
  • Aerospace
  • Energy and Utilities
  • Transportation
  • Others

APAC Fiber Bragg Grating Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Fiber Bragg Grating Market - Companies Mentioned

  • Alnair Labs Corporation
  • AOS GmbH
  • FBGS Technologies GmbH
  • HBM Fibersensing S.A
  • Ixblue Photonics
  • Micron Optics (Luna Innovations)
  • Proximion AB
  • Technica

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Fiber Bragg Grating Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.2.1 Ecosystem Analysis

4.3 Expert Opinion

5. APAC Fiber Bragg Grating Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Fiber Bragg Grating Witnessing Broad Range Applications

5.1.2 High Usage of Fiber Bragg Grating Due to Their Multiple Advantages

5.2 Market Restraints

5.2.1 Manufacturing Being Costly

5.3 Market Opportunities

5.3.1 Upcoming of Automated Fiber Bragg Grating Production System

5.4 Future Trends

5.4.1 Ultra-Long Fiber Bragg Gratings Being Manufactured

5.5 Impact Analysis of Drivers and Restraints

6. Fiber Bragg Grating Market – APAC Analysis

6.1 APAC Fiber Bragg Grating Market Overview

6.2 APAC Fiber Bragg Grating Market Revenue Forecast and Analysis

7. APAC Fiber Bragg Grating Market Analysis – By Type

7.1 Overview

7.2 APAC Fiber Bragg Gratings Market, By Type (2020 and 2028)

7.3 FBG Sensor

7.3.1 Overview

7.3.2 FBG Sensor: Fiber Bragg Gratings Market Revenue and Forecast To 2028 (US$ Million)

7.4 FBG Filter and Others

7.4.1 Overview

7.4.2 FBG Filter and Others: Fiber Bragg Gratings Market Revenue and Forecast To 2028 (US$ Million)

8. APAC Fiber Bragg Grating Market Analysis – By Application

8.1 Overview

8.2 APAC Fiber Bragg Grating Market, By Application (2020 And 2028)

8.3 Sensing

8.3.1 Overview

8.3.2 Sensing: Fiber Bragg Grating Market Revenue and Forecast To 2028 (US$ Million)

8.4 Measuring

8.4.1 Overview

8.4.2 Measuring: Fiber Bragg Grating Market Revenue and Forecast To 2028 (US$ Million)

8.5 Monitoring and Others

8.5.1 Overview

8.5.2 Monitoring and Others: Fiber Bragg Grating Market Revenue and Forecast To 2028 (US$ Million)

9. APAC Fiber Bragg Grating Market Analysis – By Industry

9.1 Overview

9.2 APAC Fiber Bragg Grating Market, By Industry (2020 and 2028)

9.3 Telecommunication

9.3.1 Overview

9.3.2 Telecommunication: Fiber Bragg Grating Market Revenue and Forecast To 2028 (US$ Million)

9.4 Transportation

9.4.1 Overview

9.4.2 Transportation: Fiber Bragg Grating Market Revenue and Forecast To 2028 (US$ Million)

9.5 Energy and Utilities

9.5.1 Overview

9.5.2 Energy and Utilities: Fiber Bragg Grating Market Revenue and Forecast To 2028 (US$ Million)

9.6 Aerospace

9.6.1 Overview

9.6.2 Aerospace: Fiber Bragg Grating Market Revenue and Forecast To 2028 (US$ Million)

9.7 Others

9.7.1 Overview

9.7.2 Others: Fiber Bragg Grating Market Revenue and Forecast To 2028 (US$ Million)

10. APAC Fiber Bragg Grating Market – Country Analysis

10.1 Overview

10.1.1 APAC: Fiber Bragg Grating Market, by Key Country

10.1.1.1 China: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 China: Fiber Bragg Grating Market, By Type

10.1.1.1.2 China: Fiber Bragg Grating Market, By Application

10.1.1.1.3 China: Fiber Bragg Grating Market, By Industry

10.1.1.2 Japan: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Japan: Fiber Bragg Grating Market, By Type

10.1.1.2.2 Japan: Fiber Bragg Grating Market, By Application

10.1.1.2.3 Japan: Fiber Bragg Grating Market, By Industry

10.1.1.3 India: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 India: Fiber Bragg Grating Market, By Type

10.1.1.3.2 India: Fiber Bragg Grating Market, By Application

10.1.1.3.3 India: Fiber Bragg Grating Market, By Industry

10.1.1.4 South Korea: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 South Korea: Fiber Bragg Grating Market, By Type

10.1.1.4.2 South Korea: Fiber Bragg Grating Market, By Application

10.1.1.4.3 South Korea: Fiber Bragg Grating Market, By Industry

10.1.1.5 Australia: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Australia: Fiber Bragg Grating Market, By Type

10.1.1.5.2 Australia: Fiber Bragg Grating Market, By Application

10.1.1.5.3 Australia: Fiber Bragg Grating Market, By Industry

10.1.1.6 Rest of APAC: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC: Fiber Bragg Grating Market, By Type

10.1.1.6.2 Rest of APAC: Fiber Bragg Grating Market, By Application

10.1.1.6.3 Rest of APAC: Fiber Bragg Grating Market, By Industry

11. Impact of COVID-19 Pandemic

11.1.1 APAC: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

12.4 New Development

13. Company Profiles

13.1 AOS GmbH

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Alnair Labs Corporation

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 FBGS Technologies GmbH

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 HBM FIBERSENSING S.A.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 iXblue Photonics

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Luna Innovations Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Proximion AB

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Technica

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. APAC: Fiber Bragg Grating Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 2. China: Fiber Bragg Grating Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. China: Fiber Bragg Grating Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. CHINA: Fiber Bragg Grating Market, By Industry–Revenue and Forecast to 2028 (US$ Million)

Table 5. Japan: Fiber Bragg Grating Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. Japan: Fiber Bragg Grating Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 7. JAPAN: Fiber Bragg Grating Market, By Industry–Revenue and Forecast to 2028 (US$ Million)

Table 8. India: Fiber Bragg Grating Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. India: Fiber Bragg Grating Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 10. India: Fiber Bragg Grating Market, By Industry–Revenue and Forecast to 2028 (US$ Million)

Table 11. South Korea: Fiber Bragg Grating Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 12. South Korea: Fiber Bragg Grating Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 13. SOUTH KOREA: Fiber Bragg Grating Market, By Industry–Revenue and Forecast to 2028 (US$ Million)

Table 14. Australia: Fiber Bragg Grating Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. Australia: Fiber Bragg Grating Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 16. AUSTRALIA: Fiber Bragg Grating Market, By Industry–Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of APAC: Fiber Bragg Grating Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of APAC: Fiber Bragg Grating Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 19. REST OF APAC: Fiber Bragg Grating Market, By Industry–Revenue and Forecast to 2028 (US$ Million)

Table 20. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Fiber Bragg Grating Market Segmentation

Figure 2. APAC Fiber Bragg Grating Market Segmentation – By Country

Figure 3. APAC Fiber Bragg Grating Market Overview

Figure 4. FBG Sensor Segment Held the Largest Market Share in 2020

Figure 5. Sensing Held the Largest Market Share in 2020

Figure 6. Industry Held the Largest Market Share in 2020

Figure 7. North America was the Largest Revenue Contributor in 2020

Figure 8. APAC– PEST Analysis

Figure 9. APAC Fiber Bragg Grating Market Market– Ecosystem Analysis

Figure 10. Expert Opinion

Figure 11. APAC Fiber Bragg Grating Market: Impact Analysis of Drivers and Restraints

Figure 12. APAC Fiber Bragg Grating Market Revenue Forecast and Analysis (US$ Million)

Figure 13. APAC Fiber Bragg Gratings Market, By Type (2020 and 2028)

Figure 14. APAC FBG Sensor: Fiber Bragg Gratings Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC FBG Filter and Others: Fiber Bragg Gratings Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Fiber Bragg Grating Market, By Application (2020 and 2028)

Figure 17. APAC Sensing: Fiber Bragg Grating Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Measuring: Fiber Bragg Grating Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC Monitoring and Others: Fiber Bragg Grating Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. APAC Fiber Bragg Grating Market, by Industry (2020 and 2028)

Figure 21. APAC Telecommunication: Fiber Bragg Grating Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. APAC Transportation: Fiber Bragg Grating Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. APAC Energy and Utilities: Fiber Bragg Grating Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. APAC Aerospace: Fiber Bragg Grating Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. APAC Others: Fiber Bragg Grating Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. APAC: Fiber Bragg Grating Market, by Key Country – Revenue (20220) (US$ Million)

Figure 27. APAC: Fiber Bragg Grating Market Revenue Share, by Key Country (2020 and 2028)

Figure 28. China: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Japan: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. India: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. South Korea: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Australia: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Rest of APAC: Fiber Bragg Grating Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Impact of COVID-19 Pandemic in APAC Country Markets

  1. Alnair Labs Corporation
  2. AOS GmbH
  3. FBGS Technologies GmbH
  4. HBM Fibersensing S.A 
  5. Ixblue Photonics
  6. Micron Optics (Luna Innovations)
  7. Proximion AB
  8. Technica
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Technica fiber bragg grating market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Technica fiber bragg grating market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Technica market trends and outlook coupled with the factors driving the fiber bragg grating market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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