March 21, 2023 -- ElectroniCast Consultants, a leading market/technology forecast
consultancy, today announced the release of their market forecast and analysis
of the global consumption of Fiber Optic Sensors.
The market forecast data
is presented and segmented into two main sections:
- Fiber Optic Point (Local) Sensor:
Complete Unit
- Distributed Fiber Optic Sensor
(Continuous and Quasi): System Channel Line
Fiber Optic Point
Sensor – Global Market Forecast - During
the 2022-2032 timeline, ElectroniCast is forecasting that the consumption (use)
value will increase from $1.297 billion to $2.045 billion.[1] (Each Point
sensor is counted as one complete component unit, which may also include
interconnecting devices and immediate enclosure or casing).
Compared with other
types of sensors, fiber-optic sensors exhibit a number of advantages:
- They consist of electrically insulating materials (no electric
cables are required), which makes possible their use in high-voltage
environments.
- They can be safely used in explosive environments, because there is
no risk of electrical sparks, even in the case of defects.
- They are immune to electromagnetic interference (EMI), even to nearby
lightning strikes, and do not themselves electrically disturb other
devices.
- Their materials can be chemically passive; therefore, do not
contaminate their surroundings and are not subject to corrosion.
- They have a very wide operating temperature range (much wider than
is possible for many electronic devices).
- They have multiplexing capabilities: multiple sensors in a single
fiber line can be interrogated with a single optical source.
Distributed
Fiber Optic Sensor System – Global Market Forecast - According to the just-completed
study, during the 10-year timeline, the worldwide consumption value of the
combined use of Continuous- and Quasi-continuous Distributed fiber optics
sensor system channel lines is forecasted to increase from $5.109 billion in 2022
to $11.369 billion in 2032. Market forecast data in this study report refers to
consumption (use) for a particular calendar year; therefore, this data is not
cumulative data.
Types of Distributed Fiber Optic System Lines qualified in this market study:
Continuous Distributed sensing (optical
fiber line used in a system) provides continuous, real-time measurements along
the entire length of a fiber optic cable; continuous distributed sensing does
not rely upon manufactured sensors but utilizes the optical fiber. The Continuous
Distributed sensing links are segmented by the following technology types: Interferometric;
Raman scattering (Raman effect); Brillouin Scattering.
Quasi-continuous Distributed sensing (optical fiber line used in a system) utilizes Fiber Bragg Gratings (FBGs), which have been employed as sensing elements
where dense (closely-spaced) sensing points are required, and the FBGs are
multiplexed with various methods.
This market forecast
report is available immediately from ElectroniCast or authorized agents worldwide.
For detailed information on this or other services provided by ElectroniCast,
please contact Stephen Montgomery at email montgomery@electronicast.com
[1] All values and prices in this report are at factory
as-shipped levels, and are in current dollars, which include the effect of a forecasted
5 percent annual inflation rate over the forecast period.
