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Research and Markets: Global Fiber Optic Sensor Market Report, 2018 with Banner Engineering, ifm Efector, OMRON & Sick DominatingDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/27939z/global_fiber) has announced the addition of the "Global Fiber Optic Sensor Market 2014-2018" report to their offering. The Global Fiber Optic Sensor Market to grow with a CAGR of 10% for 2013-2018. The increasing demand for sophisticated functionalities in industrial applications, has led to rapid technological advancement in terms of the provision of an efficient and high-quality service for end-users. Technological advancement has led to the development of ultra-miniaturized and power-efficient fiber optic sensors. This trend has led to the development of advanced fiber optic sensors that are highly reliable and robust. This trend has contibuted to the positive growth of the market. According to the report, the growth of the Global Fiber Optic Sensor market is driven by several factors, one of which is the growing demand for crack monitoring in concrete structures. Fiber optic sensors are considered to be the most effective in monitoring cracks and can easily detect minute errors in the range of 0.15 to 0.2 mm in concrete structures. Further, the report states that one of the key challenges is the high cost of deployment. Several fiber optic sensors are required to automate entire plant operations. As a result, the cost of deployment is high. Market Shares and SWOT Analysis for these vendors: - Banner Engineering Corp. - ifm Efector Inc. - OMRON Corp. - Sick AG Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Market Segmentation by Product 08. Market Segmentation by Application 09. Geographical Segmentation 10. Key Leading Countries 11. Buying Criteria 12. Market Growth Drivers 13. Drivers and their Impact 14. Market Challenges 15. Impact of Drivers and Challenges 16. Market Trends 17. Trends and their Impact 18. Vendor Landscape 19. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/27939z/global_fiber
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