Global Distributed Fiber Optic Sensor Market Overview And Prospects – Includes Distributed Fiber Optic Sensor Market Size
Learn about the global distributed fiber optic sensor market through The Business Research Company, which provides information on distributed fiber optic sensor market size, distributed fiber optic sensor market drivers and restraints, distributed fiber optic sensor market players, the COVID-19 impact on the distributed fiber optic sensor market, and more.
The global distributed fiber optic sensor market size is expected to grow from $0.93 billion in 2021 to $1.04 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The global distributed fiber optic sensors market size is expected to grow to $1.63 billion in 2026 at a CAGR of 11.8%.
The increase in consumption of oil and gas is driving the growth of the distributed fiber optic sensor market.
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The distributed fiber optic sensor market consists of sales of fiber optic sensors by entities (organizations, sole traders, and partnerships) that are used to strain, temperature, and acoustic perturbations along with the performance of optical fiber networks. The distributed fiber optic sensors are generally used in high voltage electricity regions and are designed to withstand high temperatures. These are deployed to the high electromagnetic zone where electronic sensors cannot operate.
Global Distributed Fiber Optic Sensor Market Segments Include:
By Type: Single-Mode, Multimode
By Technology: Brillouin Scattering, Raman Scattering, Rayleigh Scattering
By Application: Strain Sensing, Temperature Sensing, Acoustic/Vibration Sensing, Pressure Sensing, Others
By End-User: Oil and Gas, Power and Utility, Safety and Security, Industrial, Civil Engineering
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the distributed fiber optic sensor market in 2021
Technological advancements are shaping the distributed fiber optic sensor market. Major players in the market are focusing on developing new technologies to lead the market.
TBRC’s distributed fiber optic sensor market report covers:
Major Market Players: AFL, AP Sensing GmbH, Baker Hughes Inc., Bandweaver, Brugg Kable AG, Fotech Solutions Ltd., Future Fiber Technologies Ltd., Halliburton, LIOS Technology GmbH, Luna Innovations Incorporated, OFS, Omnisens, Qinetiq Group PLC, Schlumberger Limited, Tendeka Group, Weatherford International, and Yokogawa Electric Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Distributed Fiber Optic Sensor Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides distributed fiber optic sensor market overviews, analyzes and forecasts market size, share, distributed fiber optic sensor market players, distributed fiber optic sensor market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s distributed fiber optic sensor market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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