The global Distributed Fiber Optic Sensor Market size is expected to reach
USD 2.39 billion by 2025, according to a new report by Grand View Research,
Inc. Distributed fiber optic sensors are used in a wide range of application
sectors such as oil & gas, infrastructure development, civil engineering,
and power & utility.
The demand from the civil
engineering vertical and the increasing growth opportunities in the oil &
gas sector are driving the growth of the distributed fiber optic sensor market.
Optical inspection equipment manufacturers are concentrating on ensuring DFOS
sensors’ capability of working in a challenging environment. Associated
innovation arenas are infrastructure, architecture, and assessment capability.
Numerous challenges and the
consistencies and technological complexities that incur in optical inspection
process are restricting the market growth. The auxiliary encounters of a DFOS
equipment include repairs, reliability challenges, and rework problems. New
product developers and visionaries aim to dominate the technology segment by
providing exclusive technology offerings and value differentiation.
The growing penetration of the
fiber optics technology is encouraging manufacturers and suppliers to invest in
research & development for introducing better products. They are optimizing
their production processes and regulating efficiencies & prices to curb all
other alternatives of the fiber optics technology. As the production &
installation processes of DFOS products are reasonably costly, researchers are
focusing on developing dependable and competitively priced optic inspection
products.
Full Research Report On Distributed Fiber Optic Sensor
Market Analysis:
http://www.grandviewresearch.com/industry-analysis/distributed-fiber-optic-sensor-sensing-dfos-market
http://www.grandviewresearch.com/industry-analysis/distributed-fiber-optic-sensor-sensing-dfos-market
Further key findings from the report suggest:
·
The temperature sensing
application segment dominated the market (in terms of market size) in 2015.
Temperature sensors find solicitations in the oil & gas and civil
engineering segments.
·
North America dominated the
global market and accounted for the largest market share (in terms of revenue)
in 2015
·
The growing demand for DFOS
equipment can be attributed to the ever-growing demand for efficient and
optimized processes, across enterprises and manufacturing sectors
·
The key industry participants
include Yokogawa Electric Corporation (Japan), Halliburton Company (U.S.),
Schlumberger Limited (U.S.), and QinetiQ Group plc (U.K.).
View More Reports Of This Category By Grand
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Grand View Research has segmented the
distributed fiber optic sensors market based on applications, technologies,
verticals, and regions:
Application Outlook (Revenue,
USD Million; 2014 - 2025)
·
Temperature Sensing
·
Acoustic/Vibration Sensing
·
Other
Technology Outlook (Revenue,
USD Million; 2014 - 2025)
·
Rayleigh Effect
·
Brillouin Scattering
·
Raman Effect
·
Interferometric
·
Bragg Grating
Vertical Outlook (Revenue, USD
Million; 2014 - 2025)
·
Oil and Gas
·
Power and Utility
·
Safety and Security
·
Industrial
·
Civil Engineering
Regional Outlook (Revenue, USD
Million; 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
Japan
o
India
·
South America
o
Brazil
·
The Middle East & Africa
Access
Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-distributed-fiber-optic-sensor-sensing-dfos-market
About
Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
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