It is estimated that the global fiber optic sensor market will reach 3.39 billion US dollars in 2016

Optical fiber sensors utilize the optical transmission characteristics of optical fibers to convert the measured light characteristics (intensity, phase, polarization, frequency, wavelength) to a sensor. Although it is a new type of sensor that has emerged in recent years, the fiber-optic sensor is increasingly favored by the market because it meets the requirements of being more sensitive, accurate, adaptable, compact and intelligent.

The development potential of optical fiber sensors is huge, and the market scale will be further expanded. It is predicted that the global fiber optic sensor market will reach 3.39 billion U.S. dollars in 2016. From now to 2016, optical fiber sensors may grow at an average annual rate of 20.5%, and the market scale continues to grow.

Optical fiber sensors are mainly used in areas such as monitoring and data transmission. In the fast-growing market, the subdivided industries will also develop rapidly. It is estimated that from 2012 to 2016, the annual growth rate of the optical fiber sensor market will reach 20.7%, while the average annual growth of the optical fiber interface external sensor market will also reach 18.15%. Optical fiber sensors will have a wider range of applications and larger market sizes.