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North America Fiber Bragg Grating Market

2021

North America 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: TIPRE00025765 | No. of Pages: 119 | Category: Electronics and Semiconductor | Status: Published

Market Insights

North America Fiber Bragg Grating Market to Grow at a CAGR of 24.0% to reach US$ 2,631.36 million Million from 2021 to 2028

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The fiber bragg grating market in North America is expected to grow from US$ 548.48 million in 2021 to US$ 2,631.36 million by 2028; it is estimated to grow at a CAGR of 24.0% from 2021 to 2028.

The US, Canada, and Mexico are major economies in North America. Growing application of fiber bragg grating is the major factor driving the growth of the North America fiber bragg grating market. 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 in measuring the presence of several biomedical, chemical, and industrial substances in both dynamic and static modes of operation. Fiber bragg grating are designed to withstand any intense mechanical, electrical, and electromagnetic stresses. They have a stable structure, which makes them ideal to be used in telecom applications including add/drop, filters, dense wavelength division multiplexing, mux/demux, and lasers. Fiber bragg grating sensors are being implemented in aircraft to locate variations in vibration, temperature, and sound in aircraft and its components. With continuous technological developments and a decrease in the cost of telecommunications devices and equipment, FGBs are now getting utilized as sensors. Fiber bragg grating are 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, their adoption rate is also booming, which, in turn, is driving the market.

The US is the most affected country in North America due to the COVID-19 outbreak. The continuous growth of infected individuals has led the government to impose lockdown across the nation's borders during Q2 in 2020. Most manufacturing facilities were either temporarily shut or operating with minimum staff, and the supply chain of components and parts was disrupted.The outbreak has severely affected production and revenue generation since the US has many FBG manufacturers, component manufacturers, and end-user industries. The lower number of manufacturing staff has resulted in lesser production quantity.

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

North America fiber bragg grating market

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North America Fiber Bragg Grating Market Segmentation

North America Fiber Bragg Grating Market – By Type

  • FBG Sensor
  • FBG Filter and others

North America Fiber Bragg Grating Market – By Application

  • Sensing
  • Measuring
  • Monitoring and others

North America Fiber Bragg Grating Market – By Industry

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

North America Fiber Bragg Grating Market, by Country

  • US
  • Canada
  • Mexico

North America Fiber Bragg Grating Market - Companies Mentioned

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

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. North America Fiber Bragg Grating Market Landscape

4.1 Market Overview

4.2 North America PEST Analysis

4.2.1 Ecosystem Analysis

4.3 Expert Opinion

5. North America Fiber Bragg Grating Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Application of Fiber Bragg Grating

5.1.2 Rising Acceptance of Fiber Bragg Grating Owing to Their Advantages

5.2 Market Restraints

5.2.1 Production Cost is High

5.3 Market Opportunities

5.3.1 Automated Production System of Fiber Bragg Grating

5.4 Future Trends

5.4.1 Ultra-Long Fiber Bragg Gratings Being Developed

5.5 Impact Analysis of Drivers and Restraints

6. Fiber Bragg Grating Market – North America Analysis

6.1 North America Fiber Bragg Grating Market Overview

6.2 North America Fiber Bragg Grating Market Revenue Forecast and Analysis

7. North America Fiber Bragg Grating Market Analysis – By Type

7.1 Overview

7.2 North America 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. North America Fiber Bragg Grating Market Analysis – By Application

8.1 Overview

8.2 North America 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. North America Fiber Bragg Grating Market Analysis – By Industry

9.1 Overview

9.2 North America 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. North America Fiber Bragg Grating Market – Country Analysis

10.1 Overview

10.1.1 North America: Fiber Bragg Grating Market, by Key Country

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

10.1.1.1.1 US: Fiber Bragg Grating Market, By Type

10.1.1.1.2 US: Fiber Bragg Grating Market, By Application

10.1.1.1.3 US: Fiber Bragg Grating Market, By Industry

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

10.1.1.2.1 Canada: Fiber Bragg Grating Market, By Type

10.1.1.2.2 Canada: Fiber Bragg Grating Market, By Application

10.1.1.2.3 Canada: Fiber Bragg Grating Market, By Industry

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

10.1.1.3.1 Mexico: Fiber Bragg Grating Market, By Type

10.1.1.3.2 Mexico: Fiber Bragg Grating Market, By Application

10.1.1.3.3 Mexico: Fiber Bragg Grating Market, By Industry

11. Impact of COVID-19 Pandemic

11.1.1 North America: 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 ITF Technologies Inc.

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 iXblue Photonics

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 Luna Innovations Inc.

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

13.8 Proximion AB

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Technica

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 TeraXion

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

Table 11. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Fiber Bragg Grating Market Segmentation

Figure 2. North America Fiber Bragg Grating Market Segmentation – By Country

Figure 3. North America 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. US was the Largest Revenue Contributor in 2020

Figure 8. North America – PEST Analysis

Figure 9. North America Fiber Bragg Grating Market Market– Ecosystem Analysis

Figure 10. Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 31. Impact of COVID-19 Pandemic in North American Country Markets

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