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Fiber Bragg Grating Market

Fiber Bragg Grating Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (FBG Sensor and FBG Filter & Others), Application (Sensing, Measuring, Monitoring, and Others), and Industry (Telecommunication, Aerospace, Energy and Utilities, Transportation, and Others)

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Fiber Bragg Grating Market

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  1. According to our latest market study on “Fiber Bragg Grating Market Forecast to 2028 – COVID-19 Impact and Global Analysis –by Type, Application, and Industry,” the market is expected to grow from US$ 1,500.6 million in 2021 to US$ 7,435.3 million by 2028; it is expected to grow at a CAGR of 25.7% from 2021 to 2028. The sensing capabilities of the fiber bragg grating technology have enabled various end users to streamline their operational processing. The sensing capability allows tracking of the particular node or point where deviation or change has been observed. The fiber bragg grating is also widely used in wind turbines for identifying any variations in the set momentum of the blade. Any irregular change in the speed of the wind turbine blade may be a potential sign of a major or minor defect, which could affect the overall energy-generating capability of a wind turbine. Fiber bragg grating technology can sense such deviations effectively.

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