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ElectroniCast Consultants Publishes Fiber Optic Sensors Global Market Forecast - According to ElectroniCast, during the 2011-2016 timeline, the consumption value will grow at an impressive average annual rate of 20.5% from $1.34 billion to $3.39 billion - ElectroniCastConsultants.com
ElectroniCast Consultants Publishes Fiber Optic Sensors Global Market Forecast

 

PRZOOM - /newswire/ - Upper Lake, CA, United States, 2012/06/19 - According to ElectroniCast, during the 2011-2016 timeline, the consumption value will grow at an impressive average annual rate of 20.5% from $1.34 billion to $3.39 billion - ElectroniCastConsultants.com.

   
 
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ElectroniCast Consultants, a leading market/technology forecast consultancy, today announced the release of their market forecast and analysis of the global consumption fiber optic Point sensors and Distributed fiber optics sensor system links.

Market forecast data refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

Monitoring and data transmission using fiber optic sensors and optical fiber in cabling is now commonplace in various applications, via intrinsic fiber optic sensors or extrinsic fiber optic sensors. With an intrinsic sensor, one or more of the sensing/measuring quantity or physical properties (measurand) of the optical fiber passes through or inside the optical fiber and therefore experiences a change. Extrinsic sensing takes place in a region outside of the optical fiber and the optical fiber acts as a transmission media of light to and from (linking) the sensing interface.

Fiber optic sensor technology has experienced impressive growth since ElectroniCast first started providing market and technology analysis of the subject since the early 1980s. In fact their analysts were tracking the various advanced photonic technologies, since 1976.

The worldwide consumption value for fiber optic intrinsic sensors is forecast to increase at an average annual growth rate of nearly 20.7% during the 2011-2016 timeframe covered in this market forecast study by ElectroniCast; the use of fiber optic interface extrinsic sensors is forecast to increase at 18.15% per year.

 
 
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Agency / Source: ElectroniCast Consultants

 
 

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ElectroniCast Consultants Publishes Fiber Optic Sensors Global Market Forecast

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Contact: Theresa Hosking - ElectroniCastConsultants.com 
707-275-9397 thosking[.]electronicastconsultants.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ElectroniCast Consultants securities in any jurisdiction including any other companies listed or named in this release.

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