According to an agency's forecast, by 2016, the global fiber optic sensor market will reach 3.39 billion US dollars. Fiber optic sensors are used for monitoring and data transmission. From 2011 to 2016, the fiber optic sensor market will grow at an average annual rate of 20.5% from US$1.34 billion to US$3.39 billion.

From 2011 to 2016, the annual growth rate of fiber opticcintrinsic sensors market will reach 20.7%; the average annual growth rate of fiberoptic interface extrinsic sensors market is about 18.15%.