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Fibre Optic Sensors Market - Forecast(2021 - 2026)

Fibre optic sensors abbreviated as FOS was designed with the aim of measuring the status and performance of the optical fibre networks. Fibre optic sensors are quite resistant to electromagnetic interference, and being a poor conductor of electricity they can be used in places where there is flammable material such as jet fuel or high voltage electricity. Hence, fibre optic sensors are used in wide range of applications. However, improvements such as sensor robustness need to be carried out in these sensors, to realize the full potential in fibre optic sensors market . Globally, rising needs of telecommunication industry and growing investments in civil structures, & smart manufacturing are the prime growth drivers of fibre optic sensors. However, price fluctuation in oil industry, strict environmental regulations, and higher installation cost are key restraints for fibre optic sensors market This report identifies the global fibre optic sensors market size in for the year 2014-201...