South Korea Fiber Optic Sensor Market Size, Share, and COVID-19 Impact Analysis, By Type (Intrinsic and Extrinsic), By Component (Receiver, Transmitter, Fiber Optic Cable, and Optical Amplifier), By End User (Transportation, Medical, Defense, Industrial, Oil, and Gas), and South Korea Fiber Optic Sensor Market Insights, Industry Trend, Forecasts to 2035
Industry: Information & TechnologySouth Korea Fiber Optic Sensor Market Insights Forecasts to 2035
- The South Korea Fiber Optic Sensor Maret Size Was Estimated at USD 81 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 9.46% from 2025 to 2035
- The South Korea Fiber Optic Sensor Market Size is Expected to Reach USD 219 Million by 2035
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According to a research report published by Spherical Insights and Consulting, The South Korea Fiber Optic Sensor Market Size is anticipated to reach USD 219 Million by 2035, growing at a CAGR of 9.46% from 2025 to 2035. The market for fiber optic sensors in South Korea is expanding significantly due to technological developments and the growing demand for high-precision monitoring systems. The need for fiber optic sensors is increasing as such of the drive for automation in a number of industries, such as construction and manufacturing.
Market Overview
Devices that detect physical or chemical quantities using optical fibers are included in the fiber optic sensor market. These sensors might be extrinsic (fiber sends signals from a distant sensor) or intrinsic (fiber functions as the sensor itself). The growing need for automated measurement, particularly in domains like industrial automation and structural health monitoring, is propelling the market. Fiber optic sensors perform exceptionally well in applications that demand a high degree of precision and accuracy, especially in long-range monitoring. They make it possible to continuously and instantly monitor several factors along the whole fiber's length, such as temperature, strain, and acoustic signals. In order to enable condition-based maintenance and increased efficiency, distributed fiber optic sensors are being utilized more and more for structural health monitoring in infrastructure projects such as pipelines, bridges, and dams. By delivering real-time data on strain, temperature, and vibration, these sensors are used to monitor military installations, vital components, and aircraft structures, improving operating efficiency and safety. The need for fiber optic sensors is further increased by government programs to extend fiber optic networks in poor nations, such as South Korea, to enhance healthcare, education, and other services.
Report Coverage
This research report categorizes the market for South Korea fiber optic sensor market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea fiber optic sensor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each South Korea fiber optic sensor market sub-segment.
South Korea Fiber Optic Sensor Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 81 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR Of 9.46% |
2035 Value Projection: | USD 219 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 279 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Type, By Component and By End User |
Companies covered:: | FIBERPRO Co., Ltd., Fiber Optic Korea Co., Ltd., FBG Korea Co., Ltd., Green Optics Co., Ltd., Raytron Co., Ltd., FBG Tech, Taihan Cable & Solution Co., Ltd., LS Cable & System Ltd., Kodenshi AUK Group, Samsung Electro-Mechanics Co., Ltd., Optonest Co., Ltd., and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
Fiber optic sensors have special benefits, such as resilience to electromagnetic interference, which enables dependable performance in demanding conditions. This makes them perfect for uses like oil and gas pipelines, infrastructure projects, and aerospace where safety and real-time monitoring are crucial. The need for sensors that can continually monitor processes, identify anomalies, and optimize performance is brought on by the growing adoption of automation and smart manufacturing processes across a variety of industries. Fiber optic sensors can deliver real-time data and survive extreme circumstances, they are ideal for various applications.
Restraining Factors
Fiber optic sensors could be used adapters, converters, or other specialist tools to connect fiber optic sensors to other networks or devices. The total cost and complexity of incorporating fiber optic sensors into the current infrastructure may increase as a result of these compatibility problems. Inaccurate data collecting and higher operating expenses can result from poor planning and installation. It takes certain knowledge and equipment to install fiber optic cables in challenging or complicated settings (such as underground or underwater).
Market Segmentation
The South Korea Fiber Optic Sensor Market share is classified into type, component, and end user.
- The intrinsic segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea fiber optic sensor market is segmented by type into intrinsic and extrinsic. Among these, the intrinsic segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. High sensitivity and resistance to harsh conditions are two noteworthy features of intrinsic sensors, which operate directly within the fiber optic medium. Because of these qualities, intrinsic sensors are very useful for applications like monitoring temperature and pressure in dangerous environments, notably in the oil and gas sector where precision and safety are crucial.
- The receiver segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea fiber optic sensor market is segmented by component into receiver, transmitter, fiber optic cable, and optical amplifier. Among these, the receiver segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because of the accurate data interpretation depends on the receiver's ability to capture optical signals and transform them into electrical signals.
- The transportation segment dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea fiber optic sensor market is segmented by end user into transportation, medical, defense, industrial, oil, and gas. Among these, the transportation segment dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period. These sensors are used by the transportation industry to monitor and guarantee safety in applications such as automobiles and railroads.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea fiber optic sensor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- FIBERPRO Co., Ltd.
- Fiber Optic Korea Co., Ltd.
- FBG Korea Co., Ltd.
- Green Optics Co., Ltd.
- Raytron Co., Ltd.
- FBG Tech
- Taihan Cable & Solution Co., Ltd.
- LS Cable & System Ltd.
- Kodenshi AUK Group
- Samsung Electro-Mechanics Co., Ltd.
- Optonest Co., Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea fiber optic sensor market based on the below-mentioned segments:
South Korea Fiber Optic Sensor Market, By Type
- Intrinsic
- Extrinsic
South Korea Fiber Optic Sensor Market, By Component
- Receiver
- Transmitter
- Fiber Optic Cable
- Optical Amplifier
South Korea Fiber Optic Sensor Market, By End User
- Transportation
- Medical
- Defense
- Industrial
- Oil
- Gas
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