1 / 8

Distributed Fiber Optic Sensor Market Size, Growth, Trends and Forecast 2026

Distributed Fiber Optic Sensor Market with Covid-19 Impact Analysis by Fiber Type (Single-Mode, Multimode), Scattering Process, Operating Principle (OTDR, OFDR), Application (Temperature, Acoustic, Strain), Vertical and Region - Global Forecast to 2026

avinashgogawale14
Download Presentation

Distributed Fiber Optic Sensor Market Size, Growth, Trends and Forecast 2026

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MarketsandMarkets Presents The Global Distributed Fiber Optic Sensor Market size is expected to grow from USD 0.9 billion in 2021 to USD 1.5 billion by 2026, at a CAGR of 9.7%. Growing adoption of Distributed Fiber Optic Sensors in oil and gas and infrastructure and safety and security verticals will drive the demand for this market in the near future and is expected to play a vital role in the growth of the Distributed Fiber Optic Sensor Market. Rapid digitization and automation to fulfill the rising need for productivity, efficiency and safety in various processes and growing adoption of distributed sensors in applications such as pipeline monitoring, structural health monitoring, border monitoring and control are driving the growth of Distributed Fiber Optic Sensor Market.

  2. MarketsandMarkets Presents The market has declined in 2020, mainly due to the impact of COVID-19. The supply chain was disrupted in 2020 due to the lockdown imposed by various governments and labor shortages in these industries due to travel restrictions, that affected the Distributed Fiber Optic Sensor Market. Though the market was impacted in 2020, it is expected to fully recover by 2021. Download PDF Sample @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113715879

  3. MarketsandMarkets Presents Strain Sensing is estimated as the fastest-growing application type in the said market during the forecast period The Distributed Fiber Optic Sensor Market for distributed strain sensors is expected to grow at the highest CAGR during the forecast period. The growth in Distributed Fiber Optic Sensors Market for the strain sensing application is attributed to their increasing applications in infrastructural developments such as dams and pipelines where strain sensing is essential for ground movement and threat detection and to pinpoint risk-prone locations. Increasing usage of Distributed Fiber Optic Sensors for strain sensing applications in oil & gas and infrastructure verticals is also one of the driving factors for the growth of the market for the said application. Rising infrastructure projects globally would provide opportunities for strain sensing applications.

  4. MarketsandMarkets Presents Infrastructure vertical is estimated to be the fastest-growing market during the forecast period The Distributed Fiber Optic Sensor Market for infrastructure vertical are expected to be the fastest-growing markets during the forecast period. The market for this vertical is expected to grow at the highest pace mainly because of the increasing necessity for structural health monitoring for railway lines, buildings, bridges, buildings, tunnels & pipelines, dams, roads, geotechnical engineering, and historical monuments, among others. Further, fiber optic cables can be engineered and mechanically coupled to structures, like dams and pipelines, where ground movement can be detected and threats in the locations can be pinpointed.

  5. MarketsandMarkets Presents Asia Pacific is expected to grow at the highest rate The market in APAC is expected to grow at the highest rate during 2021–2026. The global market players are experiencing increased demand for Distributed Fiber Optic Sensors from countries such as China, Japan, India and Indonesia. High investments in Distributed Fiber Optic Sensors by governments in countries such as China and India is also driving the growth of the said market in APAC. Furthermore, growing urbanization, rising disposable income, replacement needs, strict safety regulations, and technological innovations also help to drive the demand for Distributed Fiber Optic Sensors in APAC.

  6. MarketsandMarkets Presents Key Players Major players in the Distributed Fiber Optic Sensor Market include Schlumberger (US), Halliburton (US), Yokogawa Electric (Japan), Weatherford International (Switzerland), Luna Innovations (US), OFS (US.), Bandweaver (US), Omnisens (Switzerland), AP Sensing (Germany) and DarkPulse (US) among others. Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/distributed-fiber-optic-sensor-market-113715879.html

  7. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

  8. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/distributed-fiber-optic-sensor.asp

More Related