DUBLIN, April 18, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/3mbltm/global_fiber) has announced the addition of the "Global Fiber Optic Sensor Market 2014-2018" report to their offering.
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The author forecasts the Global Fiber Optic Sensor Market to grow with a CAGR of 10.3 percent for the period 2013-2018. Several driving factors and trends will contribute to this growthall of which will be outlined with detail in this report.
The analysts use a unique methodology to scrutinize individual vendor performance, trends, drivers and challenges, and a number of other factors to provide the most accurate and detailed market research reports possible.
The increasing demand for sophisticated functionalities in industrial applications, has led to rapid technological advancement in terms of the provision of an efficient and high-quality service for end-users. Technological advancement has led to the development of ultra-miniaturized and power-efficient fiber optic sensors. This trend has led to the development of advanced fiber optic sensors that are highly reliable and robust. This trend has contributed to the positive growth of the market.
According to the report, the growth of the Global Fiber Optic Sensor market is driven by several factors, one of which is the growing demand for crack monitoring in concrete structures. Fiber optic sensors are considered to be the most effective in monitoring cracks and can easily detect minute errors in the range of 0.15 to 0.2 mm in concrete structures.
Further, the report states that one of the key challenges is the high cost of deployment. Several fiber optic sensors are required to automate entire plant operations. As a result, the cost of deployment is high.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Product
08. Market Segmentation by Application
09. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series
- Banner Engineering Corp.
- ifm Efector Inc.
- OMRON Corp.
- Sick AG
For more information visit http://www.researchandmarkets.com/research/3mbltm/global_fiber
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets