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Europe Fiber Bragg Grating Market

2021

Europe 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: TIPRE00025766 | No. of Pages: 124 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Europe Fiber Bragg Grating Market to Grow at a CAGR of 27.0% to reach US$ 2,125.76 million Million from 2021 to 2028

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The fiber bragg grating market in Europe is expected to grow from US$ 389.39 million in 2021 to US$ 2,125.76 million by 2028; it is estimated to grow at a CAGR of 27.0% from 2021 to 2028.

France, Germany, Italy, UK, and Russia are major economies in Europe. Advanced and automatic manufacturing system of fiber bragg grating is the major factor driving the growth of the Europe fiber bragg grating market. Since, production cost of fiber bragg grating is high which restricts their production, need to develop advanced technologies resulting in lower production cost is vital. Thus, to overcome the challenges faced by traditional production method indulging high cost of fiber bragg grating, automated systems are developed. To fulfill the requirement of flexible manufacturing of high-quality, cost-effective, and consistent fiber bragg grating on a production basis, Sweden-based Northlab Photonics developed an automated fabrication system. The company’s NORIA tool combines a Coherent ExciStar XS excimer laser operating at 193 nm, up to 16 Ibsen Photonics phase masks, beam-conditioning optics, automated mechanics, and control software to provide pushbutton fiber bragg grating manufacture. The new automated system allows essentially pushbutton fiber bragg grating production, which assists in decreasing the unit cost for fiber bragg grating production and gives fiber bragg grating an exceptional unit-to-unit quality and consistency. Hence, the new automated system simplifies the activity of a system integrator and thereby is projected to ease the fabrication procedure of fiber bragg grating and will continue to provide lucrative growth opportunities to the manufacturers of fiber bragg grating and its users.

In Europe, the UK was the hardest-hit country by the COVID-19 outbreak. The UK, Germany, and Italy recorded the highest number of COVID-19 cases. The region suffered an economic hit due to the lack of revenue from various industries. Additionally, with the outbreak of another variant of COVID-19 in the UK, the FBG market got hampered. The region is a significant manufacturing and industrial hub for healthcare, aviation, manufacturing, automotive, and energy & power sectors. However, due to the COVID-19 pandemic, many businesses in Europe faced financial challenges as they had to reduce their activities substantially, owing to the lack of workforce, government-imposed restrictions, and a decrease in sales. However, as manufacturing plants are resuming their operations, the production of FBG filters and sensors will rise.

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 Europe fiber bragg grating market. The Europe fiber bragg grating market is expected to grow at a good CAGR during the forecast period.

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Europe Fiber Bragg Grating Market Segmentation

Europe Fiber Bragg Grating Market – By Type

  • FBG Sensor
  • FBG Filter and others

Europe Fiber Bragg Grating Market – By Application

  • Sensing
  • Measuring
  • Monitoring and others

Europe Fiber Bragg Grating Market – By Industry

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

Europe Fiber Bragg Grating Market, by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Fiber Bragg Grating Market - Companies Mentioned

  • AOS GmbH
  • FBGS Technologies GmbH
  • HBM Fibersensing S.A
  • ITF Technologies Inc.
  • Ixblue Photonics
  • Micron Optics (Luna Innovations)
  • Proximion AB

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. Europe Fiber Bragg Grating Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.2.1 Ecosystem Analysis

4.3 Expert Opinion

5. Europe Fiber Bragg Grating Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Wider Usage Areas of Fiber Bragg Grating

5.1.2 Various Advantaged Helping in Increasing Adoption of Fiber Bragg Grating

5.2 Market Restraints

5.2.1 High Manufacturing Cost

5.3 Market Opportunities

5.3.1 Advanced and Automated Manufacturing System of Fiber Bragg Grating

5.4 Future Trends

5.4.1 Upcoming of Ultra-Long Fiber Bragg Gratings

5.5 Impact Analysis of Drivers and Restraints

6. Fiber Bragg Grating Market – Europe Analysis

6.1 Europe Fiber Bragg Grating Market Overview

6.2 Europe Fiber Bragg Grating Market Revenue Forecast and Analysis

7. Europe Fiber Bragg Grating Market Analysis – By Type

7.1 Overview

7.2 Europe 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. Europe Fiber Bragg Grating Market Analysis – By Application

8.1 Overview

8.2 Europe 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. Europe Fiber Bragg Grating Market Analysis – By Industry

9.1 Overview

9.2 Europe 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. Europe Fiber Bragg Grating Market – Country Analysis

10.1 Overview

10.1.1 Europe: Fiber Bragg Grating Market, by Key Country

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

10.1.1.1.1 France: Fiber Bragg Grating Market, By Type

10.1.1.1.2 France: Fiber Bragg Grating Market, By Application

10.1.1.1.3 France: Fiber Bragg Grating Market, By Industry

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

10.1.1.2.1 Germany: Fiber Bragg Grating Market, By Type

10.1.1.2.2 Germany: Fiber Bragg Grating Market, By Application

10.1.1.2.3 Germany: Fiber Bragg Grating Market, By Industry

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

10.1.1.3.1 UK: Fiber Bragg Grating Market, By Type

10.1.1.3.2 UK: Fiber Bragg Grating Market, By Application

10.1.1.3.3 UK: Fiber Bragg Grating Market, By Industry

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

10.1.1.4.1 Italy: Fiber Bragg Grating Market, By Type

10.1.1.4.2 Italy: Fiber Bragg Grating Market, By Application

10.1.1.4.3 Italy: Fiber Bragg Grating Market, By Industry

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

10.1.1.5.1 Russia: Fiber Bragg Grating Market, By Type

10.1.1.5.2 Russia: Fiber Bragg Grating Market, By Application

10.1.1.5.3 Russia: Fiber Bragg Grating Market, By Industry

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

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

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

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

11. Impact of COVID-19 Pandemic

11.1.1 Europe: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

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

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Europe: Fiber Bragg Grating Market Revenue Share, by Key Country (2020 and 2028)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 19. Rest of Europe: Fiber Bragg Grating Market, By Industry–Revenue and Forecast to 2028 (US$ Million)

Table 20. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Fiber Bragg Grating Market Segmentation

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

Figure 3. Europe 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. Telecommunication Held the Largest Market Share in 2020

Figure 7. Germany was the Largest Revenue Contributor in 2020

Figure 8. Europe – PEST Analysis

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

Figure 10. Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 26. Europe: Fiber Bragg Grating Market, by Key Country – Revenue (2020) (US$ Million)

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

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

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

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

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

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

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

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

  1. AOS GmbH
  2. FBGS Technologies GmbH
  3. HBM Fibersensing S.A 
  4. ITF Technologies Inc.
  5. Ixblue Photonics
  6. Micron Optics (Luna Innovations)
  7. Proximion AB
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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 Europe 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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