According to ElectroniCast, the combined use of Continuous Distributed and Point fiber optics sensors reached $2.28 Billion in 2014…
Aptos, CA (USA) – February 18, 2015 — ElectroniCast Consultants, a leading market/technology forecast consultancy, today announced the release of their market forecast and analysis of the global consumption selected Fiber Optic Point Sensors and Continuous Distributed Fiber Optics Sensor systems.
According to ElectroniCast, the consumption value of the combined use of Continuous Distributed and Point fiber optics sensors reached $2.28 Billion in 2014.
Continuous Distributed fiber optic sensor systems involve the optic fiber with the sensors embedded with the fiber. ElectroniCast counts each Point fiber optic sensor as one unit; however, the volume of Distributed Continuous fiber optic sensors is based on a complete optical fiber line and associated other components, which are defined as a system.
“Since a distributed continuous optical fiber line (system) may have 100s of sensing elements in a continuous-line, it is important to note that ElectroniCast counts all of those sensing elements in a distributed continuous system as one (system) unit – only. In the case of some applications, the price of the system may be several thousand dollars,” stated Stephen Montgomery, Director of the Fiber Optics Components group at ElectroniCast Consultants.
“POINT sensors are often used in Distributed fiber optic sensor systems (installed at multiple-points/ point-to-point); however, we count their use in the Point fiber optic sensor category and not in the continuous (non-stop) distributed sensor category,” Montgomery added.
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DATA FIGURE
According to ElectroniCast, The EMEA region held a slight lead in the worldwide consumption value of fiber optic sensors last year (2014)…
Fiber Optic Sensor Global Consumption Regional Market Forecast
($2.28 Billion in 2014)
Source: ElectroniCast Consultants
