According to the recent study the distributed fiber optic sensor market is projected to reach an estimated $0.8 billion by 2028 from $0.5 billion in 2023, at a CAGR of 9% from 2023 to 2028. Growth in this market is primarily driven by increasing application of these sensors for surveillance, damage detection, border tracking, and controlling applications, and growing need among various sectors to perform efficient sensing operations on their machine system.
A more than 150 – page
report is developed to understand trends, opportunities and forecast in
distributed fiber optic sensor market by technology (rayleigh effect, brillouin
scattering, raman effect, interferometric, and bragg grating), application
(temperature sensing, acoustic/vibration sensing, and others), and end use
industry (oil & gas, power and utility, safety & security, industrial,
and civil engineering), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
Download sample report by clicking on below link
https://www.lucintel.com/distributed-fiber-optic-sensor-market.aspx
“Raman effect market is expected to
remain the largest segment during the forecast period.”
Based on technology, the
distributed fiber optic sensor market is segmented into rayleigh effect,
brillouin scattering, raman effect, interferometric, and bragg grating.
Lucintel forecasts that the raman effect market is expected to remain the
largest segment due to the extensive use of these technology in a various risky
situations, such as the security of large structures, coolant leak detection,
and fire detection.
“Within the distributed fiber optic sensor market, the oil &
gas segment is expected to remain the largest end use industry.”
Based on end use
industry the oil & gas segment is expected to witness the highest growth
over the forecast period due to the increasing penetration of distributed fiber
optic sensors in both upstream and downstream operations along with growing
demand for monitoring of well temperature and real-time measurements of
wellbore physical appearance.
“North America will dominate the distributed fiber optic sensor
market in near future.”
North America will
remain the largest region due to growing demand for distributed fiber optic
sensor in existing oil and gas industry and the presence of key players in this
region.
Download Brochure of this report by clicking on https://www.lucintel.com/distributed-fiber-optic-sensor-market.aspx.
Major players of
distributed fiber optic sensor market are adopting various growth strategies
like new product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. Halliburton,
Schlumberger, Yokogawa Electric, OFS Fitel, and Qinetiq are among the major
distributed fiber optic sensor providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/distributed-fiber-optic-sensor-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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