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  • 17 May 2018 15:15

Fiber Bragg Grating Market Identifies the Key Drivers of Growth and Challenges of the Key Industry Players

The global fiber Bragg grating market is estimated to value US$ 0.5 Bn in 2017 and is expected to register a CAGR of 15.0% in terms of value during the forecast period 2017–2026.

A fiber Bragg grating (FBG) is a type of distributed Bragg reflector fabricated in a short segment of optical fiber which acts as a filter that reflects particular wavelengths of light and transmits all others. Fiber Bragg grating (FBG) is a type of reflector placed in optical fiber that reflects particular wavelength of light and transmits the required one. FGBs are made by exposing the core of single-mode fiber to a periodic pattern of high ultraviolet light. This produces a permanent increase in refractive index, creating a fixed index modulation according to exposure pattern.

Continuous improvements related to fiber Bragg grating writing system, i.e. flexible automation of fiber and mask handling design, is expected to result in increased demand for fiber Bragg grating, as it is widely used in optical sensing applications. Besides fiber Bragg gratings have several applications in telecommunications and oil & gas industries, application scope is also wide and increasing for smart manufacturing and non-destructive testing, which includes composites, laminates, etc. It is also widely used in pressure, strain, and temperature sensing.

Among the product type segments, uniform fiber Bragg grating type segment in the global fiber Bragg grating market is estimated to register a CAGR of over 14% over the forecast period. This can be attributed to increasing adoption of acrylic fiber Bragg grating due to its strong wavelength reflected as it satisfies the Bragg condition.

On the basis of application segments, optical fiber sensing segment is projected to register highest CAGR of over 15% owing to factors such as fiber Bragg grating sensors’ ability to overcome challenges associated with electrical sensing such as being lightweight, miniaturized, and having low thermal conductivity, etc.

Key players of this market are TECHNICA OPTICAL COMPONENTS LLC, AOS GmbH, Ascentta, Inc., FORC — Photonics, Hottinger Baldwin Messtechnik GmbH, ITF Technologies Inc., FBGS Technologies GmbH, ADVANCED PHOTONICS INTERNATIONAL INC., Micron Optics, Inc., Smart Fibers Ltd., IDIL Optical Fibers, iXBlue Photonics

Source: https://marketresearch.biz/report/fiber-bragg-grating-market/

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