News

The global distributed temperature sensing market size is projected to be worth around US$ 900.01 million by 2030, according to a new report by Vision Research Reports.

The global distributed temperature sensing market size was valued at US$ 450.1 million in 2020 and is exhibited to grow at a CAGR of 12.7% during forecast period 2021 to 2030.

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Report Coverage

Report Scope	Details
Market Size	USD 900.01 million by 2030
Growth Rate	CAGR of 12.7% From 2021 to 2030
Base Year	2021
Forecast Period	2021 to 2030
Segments Covered	Operating Principle, Fiber Type, Application
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned	Silixa Ltd, AP Sensing GmbH, NKT Photonics A/S, Bandweaver, Sensornet Limited, OFS Fitel, LLC, Schlumberger Limited, Halliburton, OPTROMIX, and Yokogawa Corporation of America.

Growth Factors

 DTS offer fully distributed data, which minimized uncertainties and increased the amount of information received. In addition, these sensors offer very high reliability along with immunity to electromagnetic interference and shock/vibration. Also, distributed temperature sensing can be easily used in space-restricted areas. It also offer other advantages, such as high-temperature performance, long measuring ranges, high-temperature resolutions.

Various advantages of DTS contribute to its adoption across various industrial applications. Distributed temperature sensing is used for long length applications, such as in power cables, tunnels, and pipelines.

By Measuring Principle Analysis

Based on the measuring principle, the distributed temperature sensing market is categorized into Optical Time-Domain Reflectometry (OTDR) and Optical Frequency-Domain Reflectometry (OFDR). The former principle is widely used for measuring the losses in the telecom sector.

The OFDR measuring principle provides information about the local characteristics of temperature. This information is only available when the signal that is backscattered during the entire time of measurement is measured as a function of frequency.

By Fiber Type Analysis

On the basis of fiber type, the market is segmented into multi-mode fiber and single-mode fiber. The single-mode type has a small core through which only one path of rays to light to travel through it. This segment is expected to cater to relatively low shares in the market due to the small core of the fiber.

The multi-mode fiber segment is expected to cater majority market share and is also expected to expand at the fastest CAGR over the forecast period. The multi-mode fiber has a large diameter of the core that provides multiple pathways for light to travel in the fiber.

By Application Analysis

Based on the application, the market for distribution temperature sensing is categorized into five segments, namely oil and gas, power and utility, safety and security, industrial and, civil engineering. The oil and gas segment is expected to hold the largest market share in the forthcoming years.

 The power and utility and civil engineering application segments are expected to grow moderately over the forecast period. Owing to the use of DTS in coal conveyors, power cables, smart grids, dams, highway tunnels, railway tunnels, and other applications.

By Regional Analysis

North America is expected to hold the largest market share during the forecast period, due to the increasing number of vendors focusing on geographical expansions to cater to growing customer demands in the region.

South America is expected to register the second-largest market share over the forecast period. Asia Pacific is anticipated to witness a rise in the adoption of distributed temperature sensing in near future, due to the low cost and high reliability of the sensors.

Key Players

 Silixa Ltd, AP Sensing GmbH, NKT Photonics A/S, Bandweaver, Sensornet Limited, OFS Fitel, LLC, Schlumberger Limited, Halliburton, OPTROMIX, and Yokogawa Corporation of America

Market Segmentation

• By Operating Principle
  • Optical Time Domain Reflectometry (OTDR)
  • Optical Frequency Domain Reflectometry (OFDR)
• By Fiber Type
  • Single-Mode Fiber
  • Multi-Mode Fiber
• By Application
  • Oil and Gas
  • Power and Utility
  • Safety and Security
  • Industrial
  • Civil Engineering
• Regional
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • South America
    • Brazil
  • Middle East & Africa

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

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