Product Type: Market Research Report
Published by: Frost & Sullivan
Published: August 2007
Product Code: R1-6030Description This Frost & Sullivan research service titled World Stress/Strain Measurement Equipment Markets provides an overview of the various segments in the stress/strain measurement equipment market. The study includes an analysis of the market based on geographic regions as well as an end-user analysis. In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies: Fiber Bragg Gratings, the Rayleigh scattering technique, optical time domain reflectometry (OTDR), and the Brillouin scattering method.
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Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Conventional stress/strain measurement equipment
- Fiber optic stress/strain measurement equipment
Technologies
The following technologies are covered in this research:
- Fiber Bragg Gratings
- Rayleigh scattering technique
- Optical time domain reflectometry (OTDR)
- Brillouin scattering method
Market Overview
Fiber Bragg Grating and the Rayleigh Scattering Method Create Potential for Growth in the Fiber Optic Stress/Strain Measurement Equipment Market
The stress/strain measurement equipment market is segmented into two product types, which include the conventional and the fiber optic methods. With the growing need to measure stress and strain performance in the oil and gas, civil, and aerospace industries, among others, the market is poised for growth.
"Technologies such as Fiber Bragg Gratings (FBG), the Brillouin scattering method, Fabry-Pérot fiber optic sensing technology, and Rayleigh scattering methods were the key drivers for growth in the fiber optic measurement equipment market in 2006," notes the analyst of this research service. "In the future too, fiber optic methods are expected to exceed customer requirements when compared to conventional technologies.
Remote Monitoring: Key Factor Driving Fiber Optic Methods
Fiber optic methods such as FBG, Rayleigh scattering, and Brillouin scattering are being increasingly used in deploying equipment to measure strain. These products are expected to compete with conventional methods such as strain gages and load cells. At present, remote monitoring, which remains a concern in the conventional methods, is a dominant factor driving the significance of fiber optic methods, particularly in situations where the sensor and the instrument are placed at a distance of several miles. However, the impact of fiber optic products is likely to take at least another decade to overcome the growth of the mature conventional measurement equipment market.
The stress/strain measurement equipment market totaled to $3,240.1 million in 2006, which represented an increase of 3.6 percent from that of the previous year. Currently, the major chunk of revenues is generated from conventional methods. In 2006, this market segment contributed to 97.1 percent of the total revenues and the fiber optic market’s share was a meager 2.9 percent. However, this trend is expected to change with higher revenue growth rates expected from the fiber optic market segments.
Table of Contents - 1. Executive Summary
- 1. Market Overview
- 1. Introduction
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- 2. Total World Stress/Strain Measurement Equipment Market
- 1. Overview and Market Dynamics
- 1. Introduction
- 2. Market Engineering Measurements
- 3. Industry Challenges
- 4. Market Drivers
- a. Growth in the European and Asia Pacific Regions
- b. Demand for Testing in Critical Applications
- c. Demand for Better Performance in the Fiber Optic Space
- 5. Market Restraints
- a. Lack of End-user Awareness
- b. Reliability
- 2. Market Analysis
- 1. Revenue Forecasts
- 2. Technology/Market and Pricing Trends
- 3. End-user Analysis
- 4. Geographic Analysis
- 5. Product Analysis
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- 3. Conventional Stress/Strain Measurement Equipment Market
- 1. Market Analysis
- 1. Introduction
- 2. Revenue Forecasts
- 2. End-User Analysis
- 1. Introduction
- 2. Oil and Gas
- 3. Civil Engineering
- 4. Aerospace and Defense
- 5. Automotive
- 6. Others
- 3. Geographic Analysis
- 1. Introduction
- 2. North America
- 3. Europe
- 4. Asia Pacific
- 5. Rest-of-World
- 4. Competitive Analysis
- 1. Competitive Structure
- 2. Major Market Participants
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- 4. Fiber Optic Stress/Strain Measurement Equipment Market
- 1. Market Analysis
- 1. Introduction
- 2. Revenue Forecasts
- 2. End-User Analysis
- 1. Introduction
- 2. Oil and Gas
- 3. Civil Engineering
- 4. Aerospace and Defense
- 5. Automotive
- 6. Others
- 3. Geographic Analysis
- 1. Introduction
- 2. North America
- 3. Europe
- 4. Asia Pacific
- 5. Rest-of-World
- 4. Competitive Analysis
- 1. Competitive Structure
- 2. Major Market Participants
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- 5. Appendix
- 1. Definitions
- 1. List of Acronyms
- 2. Glossary of Terms
- 2. Decision Support Database (DSD) Tables
- 1. DSD 1
- 2. DSD 2
- 3. DSD 3
- 4. DSD 4
- 5. DSD 5
- List of Figures
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- Chapter 2
- Stress/Strain Measurement Equipment Market: Market Challenges Ranked in the order of Impact (World), 2007-2013
- Stress/Strain Measurement Equipment Market: Market Drivers Ranked in Order of Impact (World), 2007-2013
- Stress/Strain Measurement Equipment Market: Market Restraints Ranked in Order of Impact (World), 2007-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts (World), 2003-2013
- Stress/Strain Measurement Equipment Market: Percent of Revenues by Product Segment (World), 2003-2013
- Stress/Strain Measurement Equipment Market: Percent of Revenues by End Users (World), 2003-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts for Oil and Gas (World), 2003-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts for Civil Engineering (World), 2003-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts for Aerospace and Defense (World), 2003-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts for Automotive (World), 2003-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts for Other End Users World), 2003-2013
- Stress/Strain Measurement Equipment Market: Percent of Revenues by Geographic region (World), 2003-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts (North America), 2003-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts (Europe), 2003-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts (Asia Pacific), 2003-2013
- Stress/Strain Measurement Equipment Market: Revenue Forecasts (Rest-of-World), 2003-2013
- Stress/Strain Measurement Equipment Market: Products Offered by Major Market Participants (World), 2005
- Chapter 3
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts (World), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Percent of Revenues by End-User (World), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts for Oil and Gas (World), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts for Civil Engineering (World), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts for Aerospace and Defense (World), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts for Automotive (World), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts for Other End Users (World), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Percent of Revenues by Geographic region (World), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts (North America), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts (Europe), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts (Asia Pacific), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Revenue Forecasts (Rest-of-World), 2003-2013
- Conventional Stress/Strain Measurement Equipment Market: Competitive Structure (Region), 2006
- Chapter 4
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts (World), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Percent of Revenues by End-User (World), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts for Oil and Gas (World), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts for Civil Engineering (World), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts for Aerospace and Defense (World), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts for Automotive (World), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts for Other End Users (World), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Percent of Revenues by Geographic region (World), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts (North America), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts (Europe), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts (Asia Pacific), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Revenue Forecasts (Rest-of-World), 2003-2013
- Fiber Optic Stress/Strain Measurement Equipment Market: Competitive Structure (Region), 2006
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