$4550
$2730
The fiber bragg grating market was valued at US$ 1,500.6 million in 2021 and is expected to grow at a CAGR of 25.7% during the forecast period of 2021 to 2028 to reach US$ 7,435.3 million by 2028.
FBG is majorly a sensor of strain and temperature, and hence, it is utilized as a sensor for obtaining measurements of load, temperature, strain, tilt, vibration, pressure, and displacement. It also helps measure the presence of several biomedical, chemical, and industrial substances in both dynamic and static modes of operation. Fiber bragg grating is designed to withstand any intense mechanical, electrical, and electromagnetic stresses. They have a stable structure, which makes them ideal for telecom applications, including add/drop, filters, dense wavelength division multiplexing, mux/demux, and lasers. Fiber bragg grating sensors are being implemented to locate variations in vibration, temperature, and sound in aircraft and its components. With continuous technological developments and a decrease in telecommunications devices and equipment costs, FGBs are now getting utilized as sensors. Fiber bragg grating is used for different purposes, including structural health or strain monitoring of engineering structures such as footbridges, bridges, skyscrapers, dams, and aircraft wings; monitoring the behavior of ultrahigh quality precision tools, optical telescope, robotic surgical instruments, and more; and measuring nanometer level deformations in structures that lead to the beginning of cracks. Civil and geotechnical engineering; energy production, conversion, storage; security and perimeter monitoring; commercial transportation; performance vessels, vehicles, equipment; and medical & biotech are some additional applications where fiber bragg grating are being used. With the rising applications of fiber bragg grating globally, their adoption rate is also booming, which, in turn, is driving the market.
Impact of COVID-19 Pandemic on Fiber Bragg Grating Market
The COVID-19 pandemic has shaken several industries. The tremendous growth in the spread of the virus has urged governments worldwide to impose strict restrictions on vehicle and human movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries in various countries. The lockdown imposition has resulted in the lesser production of commodities, goods, and services. Manufacturing, automotive, semiconductor and electronics, oil & gas, mining, aviation, and other industries have witnessed a decline in their operations due to the temporary shutdown of activities. The fiber bragg grating market players also experienced a slowdown in the volumes because the manufacturing facilities were operating with a limited workforce. This has had a negative impact on the fiber bragg grating market.
Lucrative Regional Markets for Fiber Bragg Grating Providers
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Fiber Bragg Grating Market Insights
Increasing Adoption of Fiber Bragg Grating Due to Their Advantages
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 is used with a high-power tunable laser, they can conduct measurements over long distances with minimal or no loss in signal integrity. In addition, every optical channel can measure 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 provides direct absolute measurement 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 fiber bragg market.
Type-Based Market Insights
The emergence of sensors has transformed the supply chain of various industries as the technology drastically reduced manual efforts, improved accuracy, and saved a substantial amount of time. Moreover, technology paved the way for automation. The majority of sensors are electric sensors, they need a power source, and they are vulnerable to electromagnetic waves, which could lead to the sensor's failure. The fiber bragg grating sensors use distributed bragg reflector construction, which reflects a particular wavelength of light. These sensors can detect temperature change, strain, and pressure fluctuations. They offer higher accuracy and longer stability. Moreover, they are compact. Owing to these factors, the fiber bragg grating sensors are among the most preferred sensors in measuring, monitoring, and sensing applications across various industries such as oil & gas, aerospace, power, telecommunication, civil, and transportation.
Fiber Bragg Grating Market, by Application – 2020 and 2028
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Fiber Bragg Grating Market: Strategic Insights
Market Size Value in US$ 1,500.6 Million in 2020 Market Size Value by US$ 7,435.3 Million by 2028 Growth rate CAGR of 25.7% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Fiber Bragg Grating Market: Strategic Insights
Market Size Value in | US$ 1,500.6 Million in 2020 |
Market Size Value by | US$ 7,435.3 Million by 2028 |
Growth rate | CAGR of 25.7% from 2021-2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
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Speak to AnalystThe players operating in the fiber bragg grating market are focusing on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In 2020, Luna Innovation Incorporated signed a US$ 6.2 million deal with Lockheed Martin to extend their long-term relationship, resulting in the development of new optical measurement products, which ensures that the global fleet of F-35 aircraft is ready for service.
- In 2018, Proximion AB entered into a development partnership for the industrialization of fiber optic sensing systems with SKF. The two companies are working together to combine SKF's fiber optic bearing sensing technology with Proximion's application integration experience and knowledge in developing and producing advanced fiber optic sensors and data collection hardware units.
The global fiber bragg grating market has been segmented as follows:
Global Fiber bragg grating Market – by Type
- FBG Sensor
- FBG Filter and others
Global Fiber bragg grating Market – by Application
- Sensing
- Measuring
- Monitoring and others
Global Fiber bragg grating Market – by Industry
- Telecommunication
- Aerospace
- Energy and Utilities
- Transportation
- Others
Global Fiber bragg grating Market – by Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Russia
- UK
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
- Middle East & Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- South & Central America (SCAM)
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- AOS GmbH
- Alnair Labs Corporation
- FBGS Technologies GmbH
- HBM Fibersensing S.A.
- ITF Technologies
- Ixblue Photonics
- Micron Optics
- Proximion AB
- Technica
- TeraXion
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Application, and Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
FBGs are being increasingly adopted across numerous applications, owing to their advantages such as direct absolute measurement, unique wavelength multiplexing capability, and no conductivity. 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. Hence, due to the advantages of fiber bragg grating, their adoption rate is booming, which is another driving factor for the 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. 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.
The global fiber bragg grating market, by type, is bifurcated into FBG sensor and FBG filter and others. The FBG Sensor segment led the fiber bragg gratings market with a share of 71.2% in 2020. It is further expected to account for more than 70% of the total market by 2028. The emergence of sensors has transformed the supply chain of various industries as the technology drastically reduced manual efforts, improve accuracy, and saved a substantial amount of time. Moreover, the technology also paved the way for many automation. Owing to these factors the fiber bragg grating sensors is among the most preferred sensor in measuring, monitoring, and sensing application across various industries such as oil and gas, aerospace, power, telecommunication, civil, transportation, and others.
Based on industry, the fiber bragg grating market is segmented into telecommunication, aerospace, energy and utilities, transportation, and others. The telecommunication segment led the fiber bragg grating market with a share of 32.1% in 2020. It is further expected to account for more than 25% of the total market by 2028. The fiber bragg grating is among the major technology which is been used in the telecommunication industry for the deployment of optical networks. Moreover, fiber bragg grating has significant application in test and measurement equipment used in the telecommunication industry.
AOS GmbH; Alnair Labs Corporation; FBGS Technologies GmbH; HBM Fibersensing S.A.; ITF Technologies; Ixblue Photonics; Micron Optics; Proximion AB; Technica are the key companies in the fiber bragg grating market.
North America led the fiber bragg grating market in 2020. Stringent regulatory laws governing passenger safety, as well as the region's rapidly growing aerospace sector, are driving the fiber bragg grating market in North America. The North American area accounts for about half of the global aerospace market, which is driving the market for fiber bragg grating in the region.
The List of Companies - Fiber Bragg Grating Market
- AOS GmbH
- Alnair Labs Corporation
- FBGS Technologies GmbH
- HBM Fibersensing S.A
- ITF Technologies Inc.
- Ixblue Photonics
- Micron Optics (Luna Innovations)
- Proximion AB
- Technica
- TeraXion
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