Global aerospace fiber optics demand is anticipated to be valued at US$ 3,998.2 Million in 2022, forecast to grow at a CAGR of 6.3% to be valued at US$ 7,338.2 Million from 2022 to 2032. An optical fiber is a transparent fiber made of glass threads that are slightly larger in diameter than human hair. These glass threads can transmit light between the ends of the fiber, allowing signals to be transmitted for communication reasons.
Because of their advantageous characteristics such as low losses, resistance to electromagnetic interference, high bandwidth, and long-distance range, fibers have largely replaced metal wires. Many industries, including the aerospace industry, are transitioning from traditional metal wires to fiber optics.
Traditional wires in airplanes must be carefully insulated because they are susceptible to lightning strikes, but fiber optics are not. Fiber optics, which transport radiation into a radiation pyrometer, are used to detect the inside temperature of aircraft jet engines. The landing gear instrumentation system employs an optical sensor approach to deal with difficult conditions. Because of their reduced weight, increased dependability, and other significant characteristics, fiber optics have a high potential in the global aerospace sector.
The global & demand for Aerospace Fiber Optics & is slated to grow at a moderate CAGR of 6.3 %during the forecast period from 2022 to 2032, totaling over US$ 7338.2 Mn by 2032. Growth in the & Aerospace Fiber Optics market & is driven by the Lowered sensor and cable size and mass, invulnerability to radio frequency interference, safe operation in vulnerable locations, and increased fatigue durability.
Aerospace fiber optics market growth has been aided by increasing aircraft technological advances and breakthroughs, as well as increased civil aviation traffic. Fiber optics adoption has increased significantly as a result of the need for efficient avionics networks, cabin management systems, flight management systems, and weather radar systems.
The adoption of projects like the Aerospace Acoustic Emission Monitoring System and the Airframe Structural Health Monitoring System is aimed at improving aircraft safety, a trend that is driving significant growth in the aerospace fiber optics market.
The North American aerospace fiber optic market was valued at US$ 730.7 Million in 2022 and is estimated to reach US$ 1,113.22 Million by 2032, registering a CAGR of 4.3% from 2022 to 2032, with a revenue share of 26% in 2022. Furthermore, due to the rising demand for efficient avionics networks, flight management systems, weather radar systems, and cabin management systems, the adoption of fiber optics in aircraft has grown substantially.
Key Players:
- 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
