Distributed Fiber Optic Sensor Market Size, Growth Drivers, Industry Forecast 2028

The Distributed Fiber Optic Sensor Market Size is expected to grow from USD 1.2 Billion in 2023 to USD 1.9 Billion by 2028, at a CAGR of 9.4%.

Reliability of Distributed Fiber Optic Sensors while working in challenging environments is one of the key drivers of the Distributed Fiber Optic Sensor Industry.

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Distributed Fiber Optic Sensor Market Dynamics:

Driver: Surging Demand for Infrastructure Vertical

The use of distributed fiber optic sensors market trend in the infrastructure vertical has increased, primarily for structural health monitoring. The primary objective behind the growing penetration of distributed sensors in this vertical is to understand the structural and economical conditions of the infrastructures like damsn, briges, roads among others. The new distributed fiber optic sesnors has the ability to measure strain, temperature, or pressure over numerous locations simoltansly. Distributed sensors can be deployed in any challenging environment and in it provides the real-time tracking of structural malfunctions are the key reasons for the increased use of distributed sensing in the civil engineering industry.

Opportunity: Growing demand for data base analysis

Distributed fiber optic sensors collect data along the length of the optical fiber. This provides an immense volume of data, resulting in various analytical tools used to analyze the collected data. Globally, there is an increasing demand for implementing data-driven decision-making and strategies. These are done by finding a pattern out of the data, which the managers can measure, and the insights are deciphered, resulting in better decision-making and performance. The sesnors can collect data of change on temperature strain, vibration or pressure along the length of the fiber through light scattering. This data then is analsyed by softwares to visualize and that helps engineers with decision making. As data intensive decision are being increasingly adopted by companies, the distributed fiber optic sensors market is also expected to grow during the forecast period.

Challenge: High cost of distributed fiber optic sensor systems

Distributed sensor systems are used by companies to monitor challenging work environments and understand working with real-time data with high accuracy. The market is growing because of the various advantages these distributed sensors offer, such as their accuracy and reliability. But the cost of this technologu is still high, hence not affordable by every company requiring real-time monitoring and sensingAdditionally, the installation and maintenance of these systems are also expensive, which makes their implementation difficult. Thus, the high cost of distributed fiber optic sensor systems poses a significant challenge to market growth.

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TABLE OF CONTENTS

1 INTRODUCTION

??? 1.1 STUDY OBJECTIVES (Page No. - 29)

??? 1.2 MARKET DEFINITION

?????????? 1.2.1 INCLUSIONS AND EXCLUSIONS

??? 1.3 STUDY SCOPE

?????????? 1.3.1 MARKETS COVERED

?????????? 1.3.2 REGIONAL SCOPE

?????????? 1.3.3 YEARS CONSIDERED

??? 1.4 CURRENCY

??? 1.5 STAKEHOLDERS

??? 1.6 SUMMARY OF CHANGES

??? 1.7 LIMITATIONS

??? 1.8 RECESSION IMPACT?

2 RESEARCH METHODOLOGY (Page No. - 35)

??? 2.1 RESEARCH DATA

?????????? FIGURE 1 PROCESS FLOW: DISTRIBUTED FIBER OPTIC SENSORS MARKET SIZE ESTIMATION

?????????? FIGURE 2 DISTRIBUTED FIBER OPTIC SENSORS MARKET: RESEARCH DESIGN

?????????? 2.1.1 SECONDARY AND PRIMARY RESEARCH

?????????? 2.1.2 SECONDARY DATA

??????????????????? 2.1.2.1 Secondary sources

??????????????????? 2.1.2.2 List of key secondary sources

?????????? 2.1.3 PRIMARY DATA

??????????????????? 2.1.3.1 Primary sources

??????????????????? 2.1.3.2 Key industry insights

??????????????????? 2.1.3.3 Primary interviews with experts

??????????????????? 2.1.3.4 List of key primary respondents

??????????????????? 2.1.3.5 Breakdown of primaries

??? 2.2 MARKET SIZE ESTIMATION

?????????? 2.2.1 BOTTOM-UP APPROACH

??????????????????? 2.2.1.1 Approach to derive market size using bottom-up analysis

?????????????????????????????? FIGURE 3 DISTRIBUTED FIBER OPTIC SENSORS MARKET: BOTTOM-UP APPROACH

?????????? 2.2.2 TOP-DOWN APPROACH

??????????????????? 2.2.2.1 Approach to derive market size using top-down analysis

?????????????????????????????? FIGURE 4 DISTRIBUTED FIBER OPTIC SENSORS MARKET: TOP-DOWN APPROACH

??? 2.3 DATA TRIANGULATION

?????????? FIGURE 5 DATA TRIANGULATION

??? 2.4 RESEARCH ASSUMPTIONS

?????????? TABLE 1 ASSUMPTIONS FOR RESEARCH STUDY

??? 2.5 RECESSION IMPACT ANALYSIS PARAMETERS

??? 2.6 RISK ASSESSMENT?

3 EXECUTIVE SUMMARY (Page No. - 46)

??? 3.1 RECESSION IMPACT

?????????? FIGURE 6 RECESSION IMPACT: GDP GROWTH PROJECTION FOR MAJOR ECONOMIES

?????????? FIGURE 7 RECESSION IMPACT ON DISTRIBUTED FIBER OPTIC SENSOR MARKET, 2019–2028 (USD MILLION)

?????????? FIGURE 8 MULTIMODE SEGMENT TO SECURE LARGEST MARKET SHARE FROM 2023 TO 2028

?????????? FIGURE 9 TEMPERATURE SENSING TO DOMINATE DURING FORECAST PERIOD

?????????? FIGURE 10 INFRASTRUCTURE VERTICAL TO RECORD HIGHEST CAGR FROM 2023 TO 2028

?????????? FIGURE 11 NORTH AMERICA HELD LARGEST MARKET IN DISTRIBUTED FIBER OPTIC SENSOR MARKET IN 2022

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4 PREMIUM INSIGHTS (Page No. - 51)

??? 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DISTRIBUTED FIBER OPTIC SENSORS MARKET

?????????? FIGURE 12 INCREASING DEMAND FROM OIL & GAS AND INFRASTRUCTURE VERTICALS TO DRIVE MARKET

??? 4.2 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY FIBER TYPE

?????????? FIGURE 13 MULTIMODE SENSORS EXPECTED TO LEAD DISTRIBUTED FIBER OPTIC SENSORS MARKET THROUGH 2028

??? 4.3 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY APPLICATION

?????????? FIGURE 14 TEMPERATURE SENSING PROJECTED LEAD MARKET DURING FORECAST PERIOD

??? 4.4 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY VERTICAL

?????????? FIGURE 15 INFRASTRUCTURE VERTICAL TO RECORD MAXIMUM GROWTH RATE DURING FORECAST PERIOD

??? 4.5 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY COUNTRY

?????????? FIGURE 16 MARKET IN INDIA PROJECTED TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 54)

??? 5.1 INTRODUCTION

??? 5.2 MARKET DYNAMICS

?????????? FIGURE 17 DISTRIBUTED FIBER OPTIC SENSORS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES

?????????? 5.2.1 DRIVERS

??????????????????? 5.2.1.1 Rising applications in oil & gas vertical

??????????????????? 5.2.1.2 Surging demand from infrastructure vertical

??????????????????? 5.2.1.3 Reliability of distributed fiber optic sensors in challenging environments

?????????????????????????????? FIGURE 18 DISTRIBUTED FIBER OPTIC SENSORS MARKET: DRIVERS AND THEIR IMPACT

?????????? 5.2.2 RESTRAINTS

??????????????????? 5.2.2.1 Technical issues in installation

?????????????????????????????? FIGURE 19 DISTRIBUTED FIBER OPTIC SENSORS MARKET: RESTRAINT AND ITS IMPACT

?????????? 5.2.3 OPPORTUNITIES

??????????????????? 5.2.3.1 Growing demand for data-based analysis

??????????????????? 5.2.3.2 High potential in offshore industry

??????????????????? 5.2.3.3 Stringent statutory regulations regarding leak detection

?????????????????????????????? FIGURE 20 DISTRIBUTED FIBER OPTIC SENSORS MARKET: OPPORTUNITIES AND THEIR IMPACT

?????????? 5.2.4 CHALLENGES

??????????????????? 5.2.4.1 High cost of distributed fiber optic sensor systems

?????????????????????????????? FIGURE 21 DISTRIBUTED FIBER OPTIC SENSORS MARKET: CHALLENGE AND ITS IMPACT

??? 5.3 VALUE CHAIN ANALYSIS

?????????? FIGURE 22 VALUE CHAIN ANALYSIS OF DISTRIBUTED FIBER OPTIC SENSORS ECOSYSTEM

??? 5.4 CASE STUDIES

?????????? 5.4.1 AP SENSING UTILIZED ITS DISTRIBUTED ACOUSTIC SYSTEM FOR CABLE FAULT DETECTION

?????????? 5.4.2 DEUTSCHE BAHN UTILIZED DISTRIBUTED ACOUSTIC SENSING UNIT TO MONITOR CABLE THEFT

?????????? 5.4.3 PUBLIC WORKS AUTHORITY OF QATAR UTILIZED LINEAR HEAT DETECTION SYSTEMS EQUIPPED WITH DTS AND DAS FOR MONITORING PURPOSES

?????????? 5.4.4 SCHLUMBERGER SHOWCASED WELLWATCHER BRITEBLUE HT DTS FIBER SENSOR FOR MONITORING STEAM FLOOD OPERATING TEMPERATURE IN CANADA

?????????? 5.4.5 SCHLUMBERGER SHOWCASED HDVS DISTRIBUTED ACOUSTIC SENSING SYSTEM FOR BOREHOLE SEISMIC SURVEY IN BELGIUM

??? 5.5 PRICING ANALYSIS

?????????? 5.5.1 AVERAGE SELLING PRICE (ASP) ANALYSIS, BY APPLICATION

??????????????????? FIGURE 23 AVERAGE SELLING PRICE ANALYSIS, 2020–2026 (USD THOUSANDS)

??? 5.6 TECHNOLOGY ANALYSIS

?????????? 5.6.1 QUASI-DISTRIBUTED SENSING

?????????? 5.6.2 DISTRIBUTED SENSING

?????????? 5.6.3 INTERFEROMETRY

??? 5.7 TECHNOLOGY TRENDS

?????????? 5.7.1 MINIATURIZATION OF DISTRIBUTED FIBER OPTIC SENSING CABLES AND SENSORS

??? 5.8 PORTER’S FIVE FORCES ANALYSIS

?????????? TABLE 2 DISTRIBUTED FIBER OPTIC SENSORS MARKET: PORTER’S FIVE FORCES ANALYSIS

?????????? FIGURE 24 PORTER’S FIVE FORCES ANALYSIS: DISTRIBUTED FIBER OPTIC SENSORS MARKET

?????????? 5.8.1 INTENSITY OF COMPETITIVE RIVALRY

?????????? 5.8.2 THREAT OF NEW ENTRANTS

?????????? 5.8.3 THREAT OF SUBSTITUTES

?????????? 5.8.4 BARGAINING POWER OF SUPPLIERS

?????????? 5.8.5 BARGAINING POWER OF BUYERS

??? 5.9 ECOSYSTEM MAP

?????????? FIGURE 25 DISTRIBUTED FIBER OPTIC SENSORS MARKET: ECOSYSTEM

?????????? FIGURE 26 DISTRIBUTED FIBER OPTIC SENSORS MARKET: PLAYER ECOSYSTEM

?????????? 5.9.1 MATERIAL AND COMPONENT PROVIDERS

?????????? 5.9.2 SENSOR MANUFACTURERS

?????????? 5.9.3 END USERS

??? 5.10 DISTRIBUTED FIBER OPTIC SENSORS MARKET: SUPPLY CHAIN ANALYSIS

??? 5.11 PATENT ANALYSIS

?????????? FIGURE 27 NUMBER OF PATENTS RELATED TO DISTRIBUTED FIBER OPTIC SENSORS GRANTED DURING 2012–2022

?????????? TABLE 3 TOP 20 PATENT OWNERS IN US, 2012–2022

?????????? FIGURE 28 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2012–2022

?????????? 5.11.1 LIST OF MAJOR PATENTS

??? 5.12 TRADE DATA

?????????? 5.12.1 IMPORT DATA

??????????????????? FIGURE 29 IMPORT DATA FOR HS CODE 9001, BY COUNTRY, 2018–2021 (USD THOUSANDS)

??????????????????? TABLE 4 IMPORT DATA FOR HS CODE 9001, BY COUNTRY, 2018–2021 (USD THOUSAND)

?????????? 5.12.2 EXPORT DATA

??????????????????? FIGURE 30 EXPORT DATA FOR HS CODE 9001, BY COUNTRY, 2018–2021 (USD THOUSANDS)

??????????????????? TABLE 5 EXPORT DATA FOR HS CODE 9001, BY COUNTRY, 2018–2021 (USD THOUSANDS)

?????????? 5.12.3 TARIFF ANALYSIS

??????????????????? TABLE 6 CHINA: TARIFF FOR OPTICAL FIBRE, BUNDLE, AND CABLE EXPORTED, 2021 (USD)

??????????????????? TABLE 7 JAPAN: TARIFF FOR OPTICAL FIBRE, BUNDLE, AND CABLE EXPORTED, 2021 (USD)

??????????????????? TABLE 8 UK: TARIFF FOR OPTICAL FIBRE, BUNDLE, AND CABLE EXPORTED, 2021 (USD)

??? 5.13 GOVERNMENT STANDARDS RELATED TO FIBER OPTIC SENSORS

?????????? 5.13.1 STANDARDS

?????????? 5.13.2 US

??????????????????? 5.13.2.1 ASTM F3079-14

??????????????????? 5.13.2.2 ASTM E1653–94

??????????????????? 5.13.2.3 ISA TR12.21.01

?????????? 5.13.3 CANADA

??????????????????? 5.13.3.1 CSA C22.2 NO 232

?????????? 5.13.4 EUROPE

??????????????????? 5.13.4.1 IEC 61757-1:2012

??????????????????? 5.13.4.2 IEC 61757-1-1:2016

??????????????????? 5.13.4.3 IEC 61757-3-1: (IEC 86C/1267/CD:2014) (Germany)

??????????????????? 5.13.4.4 IEC 60794-3-70

??????????????????? 5.13.4.5 UL 61010-1

??? 5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC SHIFT)

?????????? FIGURE 31 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES

??? 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA

?????????? 5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS

???????????????????? FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICAL

???????????????????? TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES

?????????? 5.15.2 BUYING CRITERIA

???????????????????? FIGURE 33 KEY BUYING CRITERIA OF TOP THREE VERTICAL

???????????????????? TABLE 10 KEY BUYING CRITERIA OF TOP THREE VERTICAL

??? 5.16 KEY CONFERENCES AND EVENTS

?????????? TABLE 11 DISTRIBUTED FIBER OPTIC SENSORS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS, 2023-2024