Distributed Temperature Sensing Market By Fiber Type, By Operating Principle, By Application : Global Opportunity Analysis and Industry Forecast, 2020-2030

April 2022
274 pages
ID: 6291183
Format: PDF
Allied Market Research

Summary

Table of Contents

Distributed Temperature Sensing (DTS) Market By Fiber Type (Single-Mode Fiber, Multimode Fiber), By Operating Principle (Optical Time Domain Reflectometry (OTDR), Optical Frequency Domain Reflectometry (OFDR)), By Application (Oil & Gas, Power Cable Monitoring, Pipeline Surveillance, Fire Detection, Environmental Monitoring, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030

The global distributed temperature sensing market was valued at $734.0 million in 2020, and is projected to reach $1196.5 million by 2030, registering a CAGR of 7.8% from 2021 to 2030. Distributed temperature sensing uses a fiber optic cables sensor, which is often several kilometers long and operates as a linear temperature sensor.
The growth of the global distributed temperature sensing market is majorly driven by increase in rules and regulations pertaining to safety standards paired with rise in demand for distributed temperature sensing solution in oil & gas applications. Moreover, a wide range of applications are anticipated to drive the growth of distributed temperature sensing market. However, complex fault detection and troubleshooting process acts as a prime restraint for the growth of the global distributed temperature sensing market. On the contrary, growing investment in smart grid technology is anticipated to provide lucrative opportunities for the distributed temperature sensing market during the forecast period.
The distributed temperature sensing market is segmented on the basis of fiber type, operating principle, applications, and region. The fiber type segment includes single-mode fiber and multimode fiber. The single-mode fiber segment dominated the market, in terms of revenue, in 2020, and is expected to follow the same trend during the forecast period. By operating principle, the market is segmented into optical time domain reflectometry and optical frequency domain reflectometry. The optical time domain reflectometry segment dominated the market in 2020 and is anticipated to drive the market in coming years. By application, it is classified into oil & gas, power cable monitoring, pipeline surveillance, fire detection, environmental monitoring. The oil & gas segment acquired the largest share in 2020, and the BFSI segment is expected to grow at a high CAGR from 2021 to 2030. Region-wise, the distributed temperature sensing market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and the rest of the Europe), Asia-Pacific (China, Japan, India, South Korea, Taiwan, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include, Halliburton Co., Furukawa Electric Co., Ltd., OFS Fitel LLC, Luna Innovations, Schlumberger N.V, Prysmian Group, Weatherford International PLC, Sumitomo Electric Industries Ltd., Bandweaver Technologies, and Yokogawa Electric Corporation.

Key Benefits For Stakeholders
?This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the distributed temperature sensing (dts) market analysis from 2020 to 2030 to identify the prevailing distributed temperature sensing (dts) market opportunities.
?The market research is offered along with information related to key drivers, restraints, and opportunities.
?Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
?In-depth analysis of the distributed temperature sensing (dts) market segmentation assists to determine the prevailing market opportunities.
?Major countries in each region are mapped according to their revenue contribution to the global market.
?Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
?The report includes the analysis of the regional as well as global distributed temperature sensing (dts) market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Fiber Type
? Single-Mode Fiber
? Multimode Fiber

By Operating Principle
? Optical Time Domain Reflectometry (OTDR)
? Optical Frequency Domain Reflectometry (OFDR)

By Application
? Oil Gas
? Power Cable Monitoring
? Pipeline Surveillance
? Fire Detection
? Environmental Monitoring
? Others

By Region
? North America
? U.S.
? Canada
? Mexico
? Europe
? Germany
? France
? Italy
? Rest of Europe
? Asia-Pacific
? China
? Japan
? South Korea
? Taiwan
? India
? Rest of Asia-Pacific
? LAMEA
? Latin America
? Middle East
? Africa
? Key Market Players
? STMICROELECTRONICS N.V.
? NXP SEMICONDUCTORS N.V.
? INFINEON TECHNOLOGIES AG
? QUALCOMM TECHNOLOGIES, INC.
? ATMEL CORPORATION
? TEXAS INSTRUMENTS INC.
? ROBERT BOSCH GMBH
? JOHNSON CONTROLS INTERNATIONAL PLC.
? SONY CORPORATION
? HONEYWELL INTERNATIONAL INC.

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