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Asia Pacific Fiber Optic Sensor Market

2021

Asia Pacific Fiber Optic Sensor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Temperature Sensing, Pressure Sensing, Acoustic Sensing, Strain Sensing, and Others) and Vertical (Oil & Gas, Manufacturing, Infrastructure, Power and Utilities, and Others)

Publication Month: Nov 2021 | Report Code: TIPRE00025826 | No. of Pages: 126 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Asia Pacific Fiber Optic Sensor Market to Grow at a CAGR of 12.1% to reach US$ 1,376.0 million Million from 2021 to 2028

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The Asia Pacific fiber optic sensor market is expected to reach US$ 1,376.0 million by 2028 from US$ 619.5 million in 2021. The market is estimated to grow at a CAGR of 12.1% from 2021–2028.


Baumer Group; Davis Instruments; Keyence Corporation; Omnisens SA; OMRON Corporation; Halliburton Energy Services, Inc.; and Luna Innovations Incorporated are among the prominent manufacturers of fiber optic sensors. In May 2021, Halliburton Company collaborated with TGS-NOPEC Geophysical ASA; through this collaboration, the companies aim to offer oil & gas plant operators with improved insights to decide their reservoir potential for oil & gas production or carbon storage. The Halliburton FiberVSP and Odassea distributed acoustic sensing solutions would be embedded with seismic imaging workflows of TGS, which process the whole seismic wavefield to produce high-resolution reservoir images. Further, Luna Innovations unveiled a new measurement solution enabled with the improved fiber-optic sensing technology; the solution is optimized for greater precision and authentic high-definition distributed temperature measurements. The Optical Distributed Sensor Interrogator (ODiSI) platform of Luna is the industry’s one and only high-definition fiber optic temperature measurement system that is capable of eliminating the error-causing impacts of mechanical strain on fiber optic temperature sensors. Thus, with more such developments, the demand of fiber optic sensors would increase in the coming years.

Japan and India are the other two countries that have large number of electronics and semiconductor manufacturers as well as end users. These two countries have also registered higher number of COVID-19 infected cases and are still continuing the battle against the spread. Though the countries have eased the lockdown norms and have allowed the manufacturing plants to operate, the decrease in demand and supply has been severely affecting the fiber optic sensors market player in both the countries. The recovery period is expected to be by late 2021 as the entire electronics and semiconductor manufacturing sector has been rigorously affected.

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 fiber optic sensor market. The Asia Pacific fiber optic sensor market is expected to grow at a good CAGR during the forecast period.

Asia Pacific fiber optic sensor market

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Asia Pacific Fiber Optic Sensor Market Segmentation

By Vertical

  • Oil & Gas
  • Manufacturing
  • Infrastructure
  • Power and Utilities
  • Others

By Application

  • Temperature Sensing
  • Pressure Sensing
  • Acoustic Sensing
  • Strain Sensing
  • Others

By Country

  • Asia Pacific
        • China
        • Japan
        • India
        • South Korea
        • Australia
        • Rest of Asia Pacific

Companies Mentioned

  1. Omnisens SA
  2. Solifos AG
  3. Baumer Holding AG
  4. Keyence Corporation
  5. OMRON Corporation
  6. Luna Innovations Inc.
  7. SICK AG
  8. Yokogawa Electric Corporation

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Asia Pacific Fiber Optic Sensor Market – By Vertical

1.3.2 Asia Pacific Fiber Optic Sensor Market – By Application

1.3.3 Asia Pacific Fiber Optic Sensor market – By Country

2. Asia Pacific Fiber Optic Sensor Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Asia Pacific Fiber Optic Sensor Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Expert Opinions

4.4 Ecosystem Analysis

5. Asia Pacific Fiber Optic Sensor Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surging Applications in Oil & Gas Sector

5.1.2 Escalating Demand in Automotive Sector

5.2 Market Restraints

5.2.1 Difficulties in Installation of Fiber Optic Sensors

5.3 Market Opportunities

5.3.1 Development of Smart Cities

5.4 Future Trends

5.4.1 Ongoing Technological Developments in Fiber Optic Sensors

5.5 Impact Analysis

6. Asia Pacific Fiber Optic Sensor Market – Regional Analysis

6.1 Asia Pacific Fiber Optic Sensor Market Revenue Forecast And Analysis

7. Asia Pacific Fiber Optic Sensor Market Analysis – By Vertical

7.1 Overview

7.2 Fiber Optic Sensor Market Breakdown, By Vertical, 2020 and 2028

7.3 Oil & Gas

7.3.1 Overview

7.3.2 Oil & Gas: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

7.4 Manufacturing

7.4.1 Overview

7.4.2 Manufacturing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

7.5 Infrastructure

7.5.1 Overview

7.5.2 Infrastructure: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

7.6 Power and Utilities

7.6.1 Overview

7.6.2 Power and Utilities: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

8. Asia Pacific Fiber Optic Sensor Market Analysis – By Application

8.1 Overview

8.2 Fiber Optic Sensor Market Breakdown, By Application, 2020 and 2028

8.3 Temperature Sensing

8.3.1 Overview

8.3.2 Temperature Sensing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

8.4 Pressure Sensing

8.4.1 Overview

8.4.2 Pressure Sensing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

8.5 Acoustic Sensing

8.5.1 Overview

8.5.2 Acoustic Sensing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

8.6 Strain Sensing

8.6.1 Overview

8.6.2 Strain Sensing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

8.7 Others

8.7.1 Overview

8.7.2 Others: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

9. Asia Pacific Fiber Optic Sensor Market – Geographic Analysis

9.1 Asia Pacific: Fiber optic sensor Market

9.1.1 Overview

9.1.2 Asia Pacific Fiber optic sensor Market Revenue and Forecasts to 2028, By Country (%)

9.1.2.1 China: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.1.1 China: Fiber Optic Sensor Market, by Application

9.1.2.1.2 China: Fiber Optic Sensor Market, by Vertical

9.1.2.2 Japan: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.2.1 Japan: Fiber Optic Sensor Market, by Application

9.1.2.2.2 Japan: Fiber Optic Sensor Market, by Vertical

9.1.2.3 India: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.3.1 India: Fiber Optic Sensor Market, by Application

9.1.2.3.2 India: Fiber Optic Sensor Market, by Vertical

9.1.2.4 South Korea: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.4.1 South Korea: Fiber Optic Sensor Market, by Application

9.1.2.4.2 South Korea: Fiber Optic Sensor Market, by Vertical

9.1.2.5 Australia: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.5.1 Australia: Fiber Optic Sensor Market, by Application

9.1.2.5.2 Australia: Fiber Optic Sensor Market, by Vertical

9.1.2.6 Rest of APAC: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.6.1 Rest of APAC: Fiber Optic Sensor Market, by Application

9.1.2.6.2 Rest of APAC: Fiber Optic Sensor Market, by Vertical

10. Impact of COVID-19 Pandemic on Asia Pacific Fiber optic sensor Market

10.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic

11. Asia Pacific Fiber optic sensor Market – Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Merger and Acquisition

11.4 New Development

12. Company Profiles

12.1 Omnisens SA

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Solifos AG

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Baumer Holding AG

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Keyence Corporation

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 OMRON Corporation

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Luna Innovations Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 SICK AG

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Yokogawa Electric Corporation

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms


LIST OF TABLES

Table 1. China: Fiber Optic Sensor Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 2. China: Fiber Optic Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 3. Japan: Fiber Optic Sensor Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. Japan: Fiber Optic Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 5. India: Fiber Optic Sensor Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6. India: Fiber Optic Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 7. South Korea: Fiber Optic Sensor Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. South Korea: Fiber Optic Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 9. Australia: Fiber Optic Sensor Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10. Australia: Fiber Optic Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 11. Rest of APAC: Fiber Optic Sensor Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12. Rest of APAC: Fiber Optic Sensor Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 13. Glossary of Terms, Asia Pacific Fiber optic sensor Market


LIST OF FIGURES

Figure 1. Asia Pacific Fiber Optic Sensor Market Segmentation

Figure 2. Asia Pacific Fiber Optic Sensor Market Overview

Figure 3. Oil & Gas Segment Held Largest Share of Vertical of Asia Pacific Fiber Optic Sensor Market

Figure 4. Asia Pacific Fiber optic sensor Market – Leading Country Markets (US$ Million)

Figure 5. Asia Pacific PEST Analysis

Figure 6. Fiber Optic Sensor Market- Ecosystem Analysis

Figure 7. Asia Pacific Fiber Optic Sensor Market Impact Analysis of Drivers and Restraints

Figure 8. Asia Pacific Fiber Optic Sensor Market – Revenue Forecast And Analysis – 2020- 2028

Figure 9. Fiber Optic Sensor Market Revenue Share, By Vertical (2020 and 2028)

Figure 10. Oil & Gas: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 11. Manufacturing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 12. Infrastructure: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 13. Power and Utilities: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 14. Others: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 15. Fiber Optic Sensor Market Revenue Share, By Application (2020 and 2028)

Figure 16. Temperature Sensing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 17. Pressure Sensing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 18. Acoustic Sensing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 19. Strain Sensing: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 20. Others: Fiber Optic Sensor Market Revenue and Forecast to 2028 (US$ million)

Figure 21. Asia Pacific: Fiber optic sensor Market, by Key Country – Revenue (2021) (USD Million)

Figure 22. Asia Pacific Fiber optic sensor Market Revenue and Forecasts to 2028, By Country (%)

Figure 23. China: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Japan: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. India: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. South Korea: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Australia: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Rest of APAC: Fiber Optic Sensor Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Impact of COVID-19 Pandemic on Asia Pacific Fiber optic sensor Market

  1. Omnisens SA
  2. Solifos AG
  3. Baumer Holding AG
  4. Keyence Corporation
  5. OMRON Corporation
  6. Luna Innovations Inc.
  7. SICK AG
  8. Yokogawa Electric Corporation
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific fiber optic sensor 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 Asia Pacific fiber optic sensor 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 global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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