Market Opportunities and Standards Activities for Optical Fiber Sensors

The fiber optic sensor market has the potential to exceed $1 billion in 2010. Needs in the oil and gas industry, as well as homeland security, will be the primary market drivers. Standards efforts are moving forward with efforts by the Fiber Optic Sensor Consortium (OIDA), ASTM and the Petroleum Open Standards Consortium. However, better industry coordination is required to prevent the lack of standards from being a barrier to industry acceptance and growth.