Aerospace Fiber Optics Market is Expected to Reach a High Valuation of US$ 7,338.2 Billion during Forecast 2022 to 2032

The global aerospace fibre optics market is expected to be worth US$ 3,998.2 million in 2022, rising at a 6.3% CAGR to US$ 7,338.2 million by 2032. A transparent optical fibre is made of glass threads that are slightly larger than a human hair in diameter. These glass threads can transmit light between the ends of the fibre, allowing signals to be transmitted for communication purposes.

An optical fibre is a transparent fibre made of glass threads that are slightly larger in diameter than a human hair. These glass threads can transmit light between the ends of the fibre, allowing signals to be transmitted for communication purposes. Fibers have largely replaced metal wires due to their advantageous characteristics such as low losses, immunity to electromagnetic interference, high bandwidth, and long distance range. Many industries are transitioning from traditional metal wires to fibre optics, including the aerospace industry.

Traditional cables in aeroplanes must be carefully insulated because they are vulnerable to lightning strikes, but this is not the case with fibre optics. Inside temperature in aircraft jet engines is measured using fibre optics, which transfer radiation into a radiation pyrometer. To deal with harsh conditions, the landing gear instrumentation system employs an optical sensing solution. Fiber optics have a high potential in the global aerospace industry due to their lighter weight, improved reliability, and other important characteristics.

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Aerospace Fiber Optics Market: Dynamics

Characteristics, such as reduction in the size and mass of sensors and cables, immunity towards interference of radio frequency, safe operations in vulnerable areas and higher fatigue durability are driving the growth of the aerospace fiber optics market. Growing technology and inventions in the aerospace industry with increasing crowd in civil aviation have also spurred growth of the aerospace fiber optics market. The need for efficient avionics networks, cabin management systems, flight management systems and weather radar systems has significantly accelerated the adoption of fiber optics.

Reduction in the cost of aerospace fiber optics is the primary requirement of costumers. As compared to traditional metal cables, fiber optics are way more expensive. Hence, manufacturers have to face the challenge of cost reduction without compromising the quality of products. The implementation of programs, such as Aerospace Acoustic Emission Monitoring System and Airframe Structural Health Monitoring System is enhancing safety in aircraft, which is an ongoing trend that is resulting in significant growth of the aerospace fiber optics market.

Aerospace Fiber Optics Market: Regional Outlook

With the growing aerospace industry, the global market for aerospace fiber optics is also witnessing a significant rise in demand. The increased requirement for in-flight entertainment systems in the civil aviation sector has positively influenced the aerospace fiber optics market to a large extent. The increasing number of air passengers in emerging economies, such as China and India has resulted in an increase in the number of aircraft, which in turn is a key factor spurring growth of the aerospace fiber optics market in Asia Pacific.

Innovations in technology, such as fully autonomous aircraft for the defense sector in countries, such as Russia and the U.S. have led to growth of the aerospace fiber optics market in North America and Eastern Europe. High investment in the research and development sectors of agencies, including NASA (National Aeronautics and Space Administration), ISRO (Indian Space Research Organization) and JAXA (Japan Aerospace Exploration Agency) is responsible for the significant rise in the aerospace fiber optics market.

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Aerospace Fiber Optics Market: Market Participants

Examples of some of the market participants identified across the value chain of the global aerospace fiber optics market include:

  • Smart Fibres Ltd
  • Corning Incorporated
  • Amphenol Aerospace
  • Carlisle Interconnect Technologies
  • Timbercon, Inc.
  • W. L. Gore & Associates, Inc.
  • Cotsworks LLC
  • kSARIA Corporation
  • QPC Fiber Optic, LLC

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

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Key Segments Covered in the Aerospace Fiber Optics Market Report

Aerospace Fiber Optics Market by Product Type:

  • Single Mode Aerospace Fiber Optics
  • Multi-Mode Aerospace Fiber Optics

Aerospace Fiber Optics Market by End Use Type:

  • Aerospace Fiber Optics For Civil Aviation
  • Aerospace Fiber Optics For Defense
  • Aerospace Fiber Optics For Space

Aerospace Fiber Optics Market by Region:

  • North America Aerospace Fiber Optics Market
  • Latin America Aerospace Fiber Optics Market
  • Europe Aerospace Fiber Optics Market
  • Asia Pacific Aerospace Fiber Optics Market
  • Middle East and Africa Aerospace Fiber Optics Market

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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