PUBLISHER: KBV Research | PRODUCT CODE: 1599420
PUBLISHER: KBV Research | PRODUCT CODE: 1599420
The Europe Fiber Bragg Grating (FBG) Market would witness market growth of 22.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Fiber Bragg Grating (FBG) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $618.8 million by 2031. The UK market is experiencing a CAGR of 21.5% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 23.7% during (2024 - 2031).
The core principle behind FBG operation lies in the interaction between light and the periodic refractive index changes within the fiber. The Bragg condition is satisfied when the gratings reflect a specific wavelength that is dependent on the refractive index of the fiber and the spacing of the grating when light travels through the fiber. This reflected wavelength is known as the Bragg wavelength, and any changes in external conditions, such as temperature or strain, alter the Bragg wavelength.
Moreover, these changes can be measured with high precision, making FBGs exceptional sensors. The Fiber Bragg Grating (FBG) market is witnessing significant growth, fueled by its transformative role in various industries. The growing demand for advanced sensing and monitoring solutions, coupled with ongoing research and development, is driving the rapid expansion of this market globally.
In the United Kingdom, the growing emphasis on improving road and rail safety has propelled the adoption of FBG technology. The deployment of FBG sensors for structural health monitoring of bridges, tunnels, and railways is a key focus area. The UK's "Road Investment Strategy" and investments in the HS2 high-speed rail project reflect the government's commitment to enhancing transportation infrastructure. Moreover, initiatives like the "Future of Mobility" strategy encourage innovative solutions such as FBGs to support smart transportation systems and sustainable urban development.
Based on Type, the market is segmented into FBG Sensor and FBG Filter & Others. Based on Application, the market is segmented into Telecommunication, Energy & Utilities, Aerospace, Transportation, and Other Application. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Fiber Bragg Grating (FBG) Market Report Segmentation
By Type
By Application
By Country