Fiber Market 2013 Analysts at IGI Consulting say in a new study that the military and aerospace avionics market for fiber optics components, subsystems, and systems will more than double by 2013. IGI’s new report -- "Military and Aerospace Fiber Optics in Avionic Systems" -- includes military and commercial aircraft including fighter aircraft, transport aircraft, unmanned aerial vehicles (UAVs), and commercial aircraft.
IGIC analysts say they estimate the total fiber optic market for these two markets at $306 million in 2009, growing to $703 million in 2013. The increase is due to factors such as greater acceptance of this new technology driven by the rapid acceptance and developments in the telecommunications field, the need to reduce size, weight and power, the need for higher bandwidth, and the opening of the UAV market.