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Overview of the Global Distributed Fiber Optic Sensor Market to 2030

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Global Distributed Fiber Optic Sensor Market

Global Distributed Fiber Optic Sensor Market

Global Distributed Fiber Optic Sensor Market

Dublin, 07 July 2022 (GLOBE NEWSWIRE) — The “Distributed Fiber Optic Sensors Market Size, Share, and Trend Analysis Report by Application, by Technology, by Industry Vertical (Oil & Gas, Power & Utilities, Safety and Security), by Region, and Segment Forecasts, 2022-2030″ report has been added to from ResearchAndMarkets.com offer.

The global distributed fiber optic sensor market size is expected to reach USD 2,533.5 million by 2030. The market is expected to grow at a CAGR of 7.3% from 2022 to 2030.

The Distributed Fiber Optic Sensors (DFOS) market is expected to grow exponentially over the forecast period globally. Factors such as large demand from the civil engineering vertical and growing adoption in the oil and gas sector are significantly driving the adoption of distributed fiber optic sensors. Fiber optics can withstand rough handling, such as in pipes, streams, and reactors, where manual inspection is not possible. Additionally, they aid in structural health monitoring at hazardous workplaces and can also be used for border security purposes to prevent trespassing. Thus, its ability to work in a harsh environment is another factor propelling the growth of the market.

Growing demand for sophisticated infrastructure and rising per capita income are expected to lead to industrial automation, urban mobility, and the growth of high-end residential projects. Various governments are focusing on preserving their existing infrastructure and developing new ones. They are under constant pressure to provide the necessary infrastructure, amenities and connectivity for people. This has allowed increased spending on projects such as roads, railways and dams. This rapid growth in the advanced civil engineering vertical is expected to drive the distributed fiber optic sensing market.

The rapid acceptance of DFOS has prompted manufacturers and suppliers to increase R&D spending to deliver better products to their customers. Service providers are trying to regulate efficiency and optimize their production process to capture maximum market share and eliminate all other substitutes for fiber optic technology. The high cost of production and installation of DFOS products encourages manufacturers to develop reliable and more competitively priced optical inspection products. Technological complexities, along with other challenges, are increasing the price of fiber optic deployment, which further hampers market growth opportunities.

Distributed Fiber Optic Sensors Market Report Highlights

  • Temperature sensing applications segment dominated the market (in terms of market size) in 2021. Temperature sensors are finding demand in oil & gas and civil engineering segments.

  • Fiber optic equipment vendors and manufacturers are eager to achieve higher bandwidth, 100 GBPS, by undertaking intense research activities.

  • North America dominated the global market and accounted for the largest market share (in terms of revenue) in 2021.

  • The growing demand for DFOS equipment can be attributed to the ever-increasing demand for efficient and optimized processes, in businesses and manufacturing sectors.

  • Major industry players include Halliburton, Schlumberger Limited, Yokogawa Electric Corporation, OFS Fitel, LLC, Qinetiq Group PLC, Omnisens SA, Brugg Kable AG, Luna Innovations Incorporated, and AP Sensing GmbH.

Main topics covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends and Scope
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Mapping penetration and growth prospects
3.4 Industry Value Chain Analysis
3.5 Market dynamics
3.5.1 Market Driver Analysis
3.5.1.1 Significant demand from the civil engineering vertical
3.5.1.2 Growing adoption in the oil and gas sector
3.5.1.3 Ability to work in a difficult environment
3.5.2 Market Restraint Analysis
3.5.2.1 High initial costs of acquiring and installing optical technology
3.6 Key Opportunities – Prioritized
3.7 Business environmental analysis tools
3.7.1 Porter’s Five Forces Analysis
3.7.2 PEST analysis

Chapter 4 Application Type Estimates and Trend Analysis
4.1 Distributed Fiber Optic Sensors Market: Application Analysis
4.2 Temperature detection
4.2.1 Distributed Fiber Optic Temperature Sensing Sensors Market, by Region, 2017 – 2030
4.3 Acoustic/vibration detection
4.3.1 Acoustic/Vibration Sensing Distributed Fiber Optic Sensors Market, by Region, 2017 – 2030
4.4 Other
4.4.1 Other Distributed Fiber Optic Sensors Market, by Region, 2017 – 2030

Chapter 5 Technology Estimates and Trend Analysis
5.1 Distributed Fiber Optic Sensors Market: Technology Analysis
5.2 Rayleigh effect
5.2.1 Distributed Rayleigh Fiber Optic Sensors Market, by Region, 2017 – 2030
5.3 Brillouin scattering
5.3.1 Brillouin Scattering Distributed Fiber Optic Sensor Market, by Region, 2017 – 2030
5.4 Raman effect
5.4.1 Distributed Fiber Optic Raman Sensor Market, by Region, 2017 – 2030
5.5 Interferometry
5.5.1 Interferometric Distributed Fiber Optic Sensor Market, by Region, 2017 – 2030
5.6 Bragg grating
5.6.1 Fiber Bragg Grating Distributed Fiber Optic Sensor Market, by Region, 2017 – 2030

Chapter 6 Vertical Estimates and Trend Analysis
6.1 Distributed Fiber Optic Sensors Market: Application Analysis
6.2 Oil and gas
6.2.1 Distributed Fiber Optic Sensors for Oil and Gas Market, by Region, 2017 – 2030
6.3 Power and usefulness
6.3.1 Power and Utilities Distributed Fiber Optic Sensors Market, by Region, 2017 – 2030
6.4 Safety and security
6.4.1 Safety and Security Distributed Fiber Optic Sensors Market, by Region, 2017 – 2030
6.5 Industrial
6.5.1 Industrial Distributed Fiber Optic Sensors Market, by Region, 2017 – 2030
6.6 Civil engineering
6.6.1 Civil Engineering Distributed Fiber Optic Sensors Market, by Region, 2017 – 2030

Chapter 7 Regional Estimates and Trend Analysis

Chapter 8 Competitive Analysis
8.1 Recent Developments and Impact Analysis, by Major Market Players
8.2 Categorization of Companies/Competitors (Key Innovators, Market Leaders, Emerging Players)
8.3 Supplier Landscape
8.3.1 Key Company Market Share Analysis, 2020
8.4 Public companies
8.4.1 Company Market Position Analysis
8.5 Private companies
8.5.1 List of Top Emerging Companies/Technology Disruptors/Innovators
8.5.2 Company Market Position Analysis

Chapter 9 Competitive Landscape
9.1 Schlumberger Limited
9.1.1 Company Overview
9.1.2 Financial performance
9.1.3 Product Benchmarking
9.1.4 Recent developments
9.2 Halliburton
9.2.1 Company Overview
9.2.2 Financial performance
9.2.3 Product Benchmarking
9.2.4 Recent developments
9.3 Yokogawa Electric Corporation
9.3.1 Company Overview
9.3.2 Financial performance
9.3.3 Product Benchmarking
9.3.4 Recent developments
9.4 Mavrck
9.4.1 Company Overview
9.4.2 Product Benchmarking
9.4.3 Recent developments
9.5 Qinetiq Group PLC
9.5.1 Company Overview
9.5.2 Financial performance
9.5.3 PRODUCT COMPARATIVE ANALYSIS
9.5.4 Recent Developments
9.6 Omnisens SA
9.6.1 Company Overview
9.6.2 COMPARATIVE ANALYSIS OF PRODUCTS
9.6.3 Recent developments
9.7 Brugg Kable AG
9.7.1 Company Overview
9.7.2 PRODUCT COMPARATIVE ANALYSIS
9.8 Luna Innovations Incorporated
9.8.1 Company Overview
9.8.2 Financial performance
9.8.3 PRODUCT COMPARATIVE ANALYSIS
9.8.4 Recent Developments
9.9 AP Sensing GmbH
9.9.1 Company Overview
9.9.2 PRODUCT ANALYSIS
9.9.3 Recent developments

For more information about this report visit https://www.researchandmarkets.com/r/empqi0

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