The Europe fiber optic sensor market is expected to reach US$ 1,512.6 million by 2028 from US$ 757.9 million in 2021. The market is estimated to grow at a CAGR of 10.4% from 2021–2028.
In the automotive sector, fiber optic sensors are used in lighting applications. The fiber transmits cold light, making it a safe alternative to traditional sealed beam or halogen lighting. Apart from the safety advantage, the light source is easily accessible and offers greater freedom of design. The deployment of fiber optics also allows for the separation of light source and output location, thus providing high-performance lighting options with reduced physical space requirements, making them suitable for difficult and restricted access locations. The sensors are also used in automobiles in onboard safety devices and systems, such as operating airbags, traction control devices, and safety systems. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), ~91.3 million vehicles were sold across the world in 2019. Further, rising disposable incomes, mainly in emerging countries in APAC, promotes the sales of passenger vehicles, which, in turn, would fuel the adoption fiber optic sensors. Thus, the rising annual automotive sales is a significant factor contributing to the growth of the fiber optic sensor market.
Russia, the UK, and France are the worst-hit countries in the region. The UK and France have numerous fiber optic sensors manufacturers, while the Russia has significantly large number of sensor manufacturers. The emergence of COVID-19 virus has negatively impacted the businesses of European fiber optic sensors manufacturers as well as sensors market players. Additionally, the UK, France, Germany, and Italy have been observing the second wave of COVID-19 over the past couple of weeks, which has again compelled the manufacturers to restrict their production unit workforce, resulting in deceleration in fiber optic sensors demand.
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 Europe fiber optic sensor market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe 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
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
Companies Mentioned
- Omnisens SA
- Solifos AG
- Baumer Holding AG
- Keyence Corporation
- OMRON Corporation
- Luna Innovations Inc.
- SICK AG
- Yokogawa Electric Corporation
Europe Fiber Optic Sensor Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 757.9 Million |
Market Size by 2028 | US$ 1,512.6 Million |
Global CAGR (2021 - 2028) | 10.4% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Application
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset


- Electronic Data Interchange Market
- 3D Audio Market
- Hair Extensions Market
- Industrial Valves Market
- Long Read Sequencing Market
- Smart Parking Market
- Artificial Intelligence in Healthcare Diagnosis Market
- Pipe Relining Market
- Intraoperative Neuromonitoring Market
- Transdermal Drug Delivery System Market

Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
This text is related
to segments covered.

Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
This text is related
to country scope.
Trends and growth analysis reports related to Electronics and Semiconductor : READ MORE..
- Omnisens SA
- Solifos AG
- Baumer Holding AG
- Keyence Corporation
- OMRON Corporation
- Luna Innovations Inc.
- SICK AG
- Yokogawa Electric Corporation