Market Insights
“The composite sensors market size was US$ 62.8 million in 2024 and is likely to grow at a decent CAGR of 9.6% in the long run to reach US$ 105.7 million in 2031.”
Market Dynamics
Introduction
Composite sensors are smart sensing devices embedded in or attached to composite materials. They are based on Fiber Bragg Grating (FBG) technology, in which the optical fiber changes the light; it reflects when there is a change in strain or temperature. This allows these variations to be measured accurately.
These sensors track temperature, pressure, and strain in real time and are widely used in Structural Health Monitoring (SHM) across aerospace, energy, transport, and construction to improve safety and efficiency.
Market Drivers:
- Increased demand in the aerospace and wind energy industry for Structural Health Monitoring (SHM).
- Greater penetration of composite materials in high-performance, lightweight structures.
- Innovations in the field of miniaturization and integration of sensors.
Recent Market JVs and Acquisitions:
A considerable number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:
- In 2023, Luna Innovations acquired Silixa (UK-based) to strengthen its global leadership in fiber optic sensing and broaden its product portfolio, while expanding its presence across the European market.
- In 2022, Luna Innovations acquired LIOS Sensing to expand its distributed fiber optic sensor capabilities, particularly in temperature and strain sensing for smart infrastructure and industrial monitoring.
In 2020, Luna Innovations acquired OptaSense (a QinetiQ company, UK) to create one of the world’s largest fiber optic sensing companies, focused on distributed acoustic sensing for pipelines, transportation, utilities, and security
Market Segments' Analysis
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Segmentations
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List of Sub-Segments
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Segments with High Growth Opportunity
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Industry-Type Analysis
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Aerospace, Construction, Transportation, Energy, and Other Industries
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Aerospace is expected to be the leading demand generator for composite sensors and is likely to experience the fastest growth in the coming years.
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Sensor-Type Analysis
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Temperature Sensors, Strain/Pressure Sensors, and Other Sensors
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Pressure sensors are anticipated to contribute the largest share of the sensor type, whereas temperature sensors are expected to be the fastest-growing category.
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Channel-Type Analysis
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Single-channel Sensors and Multi-channel Sensors
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Single-channel sensors are expected to be the leading channel type in the market.
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Region Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America is expected to maintain its reign over the forecast period, whereas the Asia-Pacific is likely to grow at the fastest rate.
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By Industry Type
“Aerospace is expected to remain dominant and the fastest-growing industry type of the market during the forecast period.”
The composite sensors market is segmented into aerospace, construction, transportation, energy, and other industries. Among these, the aerospace industry is anticipated to lead in demand generation and is projected to witness the most rapid growth in the years ahead.
The demand for lightweight composite materials in aircraft structures is rapidly growing. As OEMs and Tier-1 suppliers increasingly adopt advanced composites to enhance fuel efficiency and performance, the need for embedded sensing solutions to monitor structural integrity and provide real-time health monitoring becomes essential. Composite sensors enable continuous, non-intrusive monitoring of wings, fuselages, and other load-bearing components, making them crucial for safety, lifecycle management, and maintenance optimization.
By Sensor Type
“Pressure sensors are anticipated to contribute the largest share of the sensor type, whereas temperature sensors are expected to be the fastest-growing category.”
The market is segmented into temperature, strain/pressure, and other sensor types. Pressure sensors are projected to account for the largest market share, while temperature sensors are expected to register the fastest growth due to rising demand across high-performance applications.
Pressure sensors hold the largest share in the composite sensors market due to their critical role in monitoring and controlling systems in diverse applications. These sensors ensure safety, efficiency, and real-time performance diagnostics in high-pressure environments. Their widespread use in fuel systems, hydraulic controls, and structural health monitoring further strengthens their dominance across industries that demand precision and reliability.
By Channel Type
“Single channel sensors are expected to contribute the larger share of the channel type, and be a faster-growing category.”
The market is segmented into single-channel and multi-channel types. Single-channel sensors are expected to account for the larger market share, while multi-channel sensors are anticipated to register the faster growth due to increasing demand across various applications.
Single-channel sensors lead primarily due to their lower cost, making them a cost-effective solution for industries that require basic, single-parameter monitoring without the need for advanced multi-sensing capabilities.
Regional Analysis
“The North American region is expected to remain the largest market for composite sensors during the forecast period.”
The North American region is expected to remain the largest market for composite sensors during the forecast period. In terms of countries, the USA is expected to take the lead, owing to its presence in the aerospace industry, where the significant OEMs are increasingly incorporating advanced sensor technologies. Such leadership is also strengthened by huge R&D expenditures, innovation schemes, and the existence of major players. Also, structural health monitoring in wind energy, infrastructure, and the aerospace industry is becoming increasingly emphasized in the US, which is also embracing composite materials and embedded sensing.
Key Players (Based on Dominance)
The market is moderately consolidated, with few players across the region. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the composite sensors market:
Here is the list of the Top Players (Based on Dominance)
- LUNA Innovations Incorporated
- Kistler Group
- Hottinger Brüel & Kjær (HBK)
- Hukseflux Thermal Sensors BV
- Diatex SAS
- SAFIBRA, s.r.o.
- RVmagnetics, a.s.
- Advanced Processing Technology, Inc. (AvPro)
- ColloidTek Oy
- Synthesites
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Please write to us at [email protected]
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The composite sensors market is segmented into the following categories.
Composite Sensors Market, by Industry Type
- Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Construction (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Energy (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Other Industries (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Composite Sensors Market by Sensor Type
- Temperature Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Strain/Pressure Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Other Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Composite Sensors Market by Channel Type
- Single-channel Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Multi-channel Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Composite Sensors Market by Region
- North America (Country Analysis: The USA, and Canada)
- Europe (Country Analysis: Germany, France, The UK, and the Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s composite sensors market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruit available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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