Asia Pacific Fiber Bragg Grating Market Growth and Forecast by 2028

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 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

Asia Pacific Fiber Bragg Grating Report Scope