Global Market for Fiber Optic Sensors to Grow to $2.5 Billion in 2017

The global market value for fiber optic sensors is projected to increase in 2011 to more than $1.2 billion. In 2012, the global market value is forecast to be more than $1.5 billion. Given a compound annual growth rate (CAGR) of 10.5%, the global market value is calculated to increase to more than $2.5 billion in 2017.

Learn about markets and opportunities for fiber optic sensors in telecommunications, oil and gas exploration and drilling, medical, and industrial markets. Also learn about new technologies, suppliers and system integrators. Company profiles are provided as well...

Use this report to: 

• Understand the technology and innovation behind fiber optic sensor development 
• Assess the status of the fiber optic sensor market in order to identify suppliers and systems integrators, and forecast future markets 
• Identify market opportunities, new customers and targets for investments 
• Maintain a competitive standing with an evaluation of the key companies and their strategies.

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SUMMARY FIGURE
GLOBAL VALUE FOR FIBER OPTIC SENSORS BY TYPE, 2010-2017
($ MILLIONS)