The Ultimate Guide To Win The Distributed Fiber Optic Sensor Market By 2022 – Market 4.0 News

Distributed Fiber Optic Sensing Market (DFOS) by Operating Principle (OTDR, OFDR), Fiber Type (Single-Mode, Multimode), Scattering Process (Raman Effect, Rayleigh Effect), Application (Temperature, Acoustic), Vertical, and Region – Global Forecast to 2022″

The Ultimate Guide To Win The Distributed Fiber Optic Sensor Market By 2022 - Market 4.0 News 1

The overall Distributed Fiber Optic Sensing market (DFOS) is expected to be worth USD 1,712.3 Million by 2022, at a CAGR of 15.09% between 2016 and 2022.

Growing application in oil and gas vertical to drive the global distributed fibre optics demand close to USD 1,712.3 million by 2022

Oil & gas industry was the first vertical to start using distributed fiber optic sensor in the market. Distributed fiber optic sensor is mostly used for the oil & gas industry primarily because the usage of distributed sensor helps in the accurate monitoring of well temperature and its ability to give a detailed picture of the physical parameters of the wellbore. Also, the use of distributed sensor for the continuous and real-time downhole monitoring to optimize the operational and economic performance of the assets in the oil and gas vertical is another reason driving the market for distributed fiber optic sensor in the oil and gas vertical.

“Market for oil and gas vertical expected to hold the highest market share between 2016 and 2022”

Oil and gas was the first vertical to start using distributed fiber optic sensors for various applications. In this vertical, the distributed fiber optic sensors are primarily used for the accurate monitoring of well temperature and for obtaining a detailed picture of the physical parameters of the wellbore. Also, the use of distributed sensors for the continuous and real-time downhole monitoring to optimize the operational and economic performance of the assets in the oil and gas plants is another reason driving the Distributed Fiber Optic Sensing market (DFOS) for oil and gas vertical.

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“Distributed Fiber Optic Sensing Market (DFOS) for acoustic sensing application expected to grow at the highest CAGR during the forecast period”

Distributed acoustic sensors are used to measure any kind of acoustic or vibrational change by using a distributed optical fiber which can measure this change along its length. The market for acoustic sensing application is expected to grow at the highest rate because of this technology being a new one and owing to a complimentary role played by a sensor along with the temperature sensing. Also, an enhanced sensitivity of the acoustic sensors, compared to the temperature sensors, would act as a major factor encouraging the penetration of these sensors for acoustic sensing applications in the oil and gas, power and utility, and civil engineering verticals. Distributed acoustic sensors are mostly used by the verticals such as oil and gas, safety and security, and civil engineering.

Key Target Audience

  • Original device manufacturers (ODMs)
  • Component suppliers
  • Research organizations and consulting companies
  • Application providers
  • Subcomponent manufacturers
  • Maintenance and service providers
  • Technology providers
  • Associations, organizations, forums, and alliances related to distributed fiber optic sensors

Scope of the Report

The Distributed Fiber Optic Sensing market (DFOS) has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The Distributed Fiber Optic Sensing market (DFOS) has been segmented as follows:

By Operating Principle

  • Optical Time Domain Reflectometry (OTDR)
  • Optical Frequency Domain Reflectometry (OFDR)

By Fiber Type

  • Single Mode Fiber
  • Multimode Fiber

By Scattering Process

  • Rayleigh Scattering Effect
  • Raman Scattering Effect
  • Brillouin Scattering Effect

By Application:

  • Temperature Sensing
  • Acoustic Sensing
  • Other Sensing Applications

By Vertical:

  • Oil and Gas
  • Power and Utility
  • Safety and Security
  • Industrial
  • Civil Engineering

By Geography:

  • Middle East
  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World (RoW)

For more information visit:https://www.marketsandmarkets.com/Market-Reports/distributed-fiber-optic-sensor-market-113715879.html?utm_source=PR&utm_medium=Mahesh

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441.

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