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.
To Request for Sample Copy of this report: 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.).
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
- US.
- Canada
- Mexico
- Europe
- Germany
- UK
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
- The Middle East & Africa
- North America
Browse Press Release of this Report: http://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: www.grandviewresearch.com
No comments:
Post a Comment