Progress continues in the development of fiber optic sensors in industry. Most applications still appear to be in special niche areas, and characterized by a relatively small number of units sold. Signs are present, however, that indicate this situation may be changing. This presentation will include specific examples of recent development work and fiber optic sensor hardware used in applications such as manufacturing, power generation, and chemical processing. An assessment will be made of sensor performance in present applications, and progress made over the last several years in matching the technology and capability of fiber optic sensors to industrial needs. Both the shortcomings and advantages of fiber optic sensors will be discussed along with the outlook for future new applications, the direction fiber sensor technology is going, and why.