DUBLIN, Jan. 19, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/4wpdlb/global_fiber) has announced the addition of the "Global Fiber Optics Sensors Market 2016-2020" report to their offering.
The report predicts the global fiber optic sensors market to grow steadily at a CAGR of about 9% during the forecast period.
The fiber optic sensors capability of a higher tolerance for high temperatures is expected to drive the demand for these sensors in applications that has extreme environmental conditions and where electrical sensors fail to function properly, such as the oil and gas, and manufacturing sector.
Increased exploration of unconventional resources is another major factor expected to increase the revenues of the fiber optic sensors market during the forecast period. Fiber optic sensors are integrated into equipment used during the drilling and exploration stages.
The increase in consumption of oil and gas and the decline in the production of conventional oil reserves has forced vendors and governments to indulge in exploration and drilling activities, therefore, leading to greater demand for fiber optic sensors in this industry.
The Americas accounted for almost 42% of the market share during 2015 and is expected to grow at a CAGR of close to 10% during the forecast period.
Key questions answered in the report include:
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global fiber optic sensors market?
- What are the key Market trends impacting the growth of the global fiber optic sensors market?
- What are the challenges to market growth?
- Who are the key vendors in the global fiber optic sensors market?
- What are the market opportunities and threats faced by the vendors in the global fiber optic sensors market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global fiber optic sensors market?
Leading Vendors are:
- Banner Engineering
- ifm Efector
Other prominent vendors are:
- Sensing and Control
- Micron Optics
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Technology landscape
PART 06: Market landscape
PART 07: Market segmentation by end-user
PART 08: Market segmentation by type
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Key recommendations for investors/investors
For more information visit http://www.researchandmarkets.com/research/4wpdlb/global_fiber
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets