Fiber Optic Sensors Market – What Factors will drive the Market in Upcoming Years and How it is Going to Impact on Global Industry
The purpose of the report is to illustrate the state of the market of Fiber Optic Sensors, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026. [Continue reading….]
Fiber optic sensors have offered a viable solution for various industry verticals including industrial manufacturing & processing, oil & gas, energy & utilities, transportation, healthcare, and others. Some of the key benefits offered by the fiber optic sensors include ease of installation, distributed measurements all across the fiber length and cost-effectiveness. Such sensors are widely deployed for measuring temperature, chemical composition, pressure, acoustics, and strain. The sensors are further connected an appropriate data infrastructure which enables processing of the measurements in order to draw insights from the same. Due to their small size and capability to function in harsh environments, the market is set to continue witnessing robust growth over the forecast period. All these factors are expected to contribute towards a compounded annual growth rate (CAGR) of 10.1% during the forecast period 2018 – 2026.
ABB Ltd., Halliburton CO, Fiso Technologies, Inc., OMRON Corporation, OmniSens S.A., Opsens Oil and Gas, Deltex Medical Group PLC, Finisar Corporation, Sumitomo Electric Industries Ltd., Luna Innovations Inc., Ziebel AS, OptaSense (QinetiQ Company), AP Sensing GmbH, Pepperl+Fuchs GmbH, Petrospec Engineering Inc., Schlumberger Ltd., AFL Group, SCHOTT AG, TE Connectivity and others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Fiber Optic Sensors buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
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What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Fiber Optic Sensors contains:
Analysis and forecast of Fiber Optic Sensors market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Fiber Optic Sensors market;
Assessment and forecast of Fiber Optic Sensors market development;
Financial and business profiles of the leading companies in the Fiber Optic Sensors industry.
Geography Segment (2016–2026; US$ Mn)
- North America
- United States
- Rest of North America
- United Kingdom
- Rest of Europe
- Asia Pacific (APAC)
- Rest of Asia Pacific
- Rest of the World (RoW)
- Middle East & Africa (MEA)
- Latin America
– Up to date working Fiber Optic Sensors data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Fiber Optic Sensors for the period 2018 to 2026
– Planned Fiber Optic Sensors additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Fiber Optic Sensors projects by region, key countries, and companies
– Details of major planned Fiber Optic Sensors projects in the world up to 2026
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l am Rananjay Parmar and l work with Credence Research Limited is a marketing consulting and research Agency that is focused on the United States market and the United Kingdom. We are specialized in primary data collection and offer our clients relevant information and advice through the help of adequate research analysis and conclusions.