The Role of Fiber Optic Sensors in Smart Manufacturing & Automation The global fiber optic sensors market is experiencing rapid growth, driven by increased adoption in industries such as automotive, oil & gas, and manufacturing. Valued at $3.4 billion in 2022, the market is projected to expand at a CAGR of 9.6% from 2023 to 2031, reaching $7.6 billion by the end of the forecast period.
Fiber optic sensors are gaining traction due to their...
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