Distributed Fiber Optic Sensor Market, By Technology (Rayleigh Scattering Based Distributed Sensor, Brillouin Scattering Based Sensor, Raman Scattering Based Sensor, Interferometric Distributed Optical-fiber Sensor, and Distributed Fiber Bragg Grating Sensor), By Application( Strain Sensing, Temperature Sensing, Acoustic/Vibration Sensing, Pressure Sensing, and Others), By Vertical (Oil & Gas, Security, Energy & Utility, Transportation Infrastructure, Industrial Application, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Distributed fiber optic sensors find major application in structural health monitoring for various large structures such as dams, roads, high rise apartments, airports, and many. The global market for infrastructure and smart manufacturing has been registering a substantial growth rate since the past few years and investment in these sectors is increasing significantly. This, in turn, is expected to spur demand for distributed fiber optic sensors in the aforementioned applications over the forecast period. According to Global Infrastructure Hub, the global infrastructure investment needs to reach US$ 94 trillion by 2040 to keep pace with profound economic and demographic changes, and to close infrastructure gaps.
Governments are focusing on urbanization and consistently looking to improve their infrastructure such as bridges, dams, airports, multistorey apartments, and others. This, in turn, increases demand for cost-effective, accurate, and reliable structural health monitoring solutions.
Furthermore, due to natural conditions, geography, and location, countries such as Japan are prone to various natural disasters, including tsunamis, earthquakes, volcanoes, and others. The Government of Japan is diligently focusing on building a nation that is fully prepared for various disasters by deploying a variety of disaster risk reduction measures. Distributed fiber optic sensors is one among those chosen measures, which can detect and monitor both slow slope movement and large landslides in the country’s hilly terrain, by measuring the tensile strength of the soil they are deployed in.
Hence, rising investments in infrastructure is expected to drive the distributed fiber optic sensors market growth
Market Dynamics
On the basis of Vertical, Transportation Infrastructure segment is expected to exhibit CAGR of 11.9% over the forecast period. The distributed fiber optic sensor can provide complete monitoring over the rail and road networks. Distributed fiber optic sensor technology have numerous applications in transportation infrastructure sector such as railway sector. In railway sector distributed fiber optic sensors are used for calculating average traffic speed for providing accurate duration of the journey, automated queue, and congestion detection, among others. Furthermore, distributed fiber optic sensors provides improved security of the railway infrastructure by detecting third party intrusion, cable and metal thefts, and warning of landslide and rockfall events on the route. Owing to the increasing demand for distributed fiber optic sensor from the transportation sector, key market players are launching advanced distributed fiber optic sensor products for transportation sector. For instance, in April 2020, OSENSA Innovations Corp. launched ‘FTX-910-PWR+R’, a fiber optic temperature monitoring solution specially designed for switchgear and bus bars.
Key features of the study:
This report provides in-depth analysis of global distributed fiber optic sensor market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global distributed fiber optic sensor market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include OSENSA Innovations Corp., AFL, SOLIFOS AG, Schlumberger Limited, FISO Technologies Inc., Yokogawa Electric Corporation, OFS Fitel, LLC., AP Sensing, Luna Innovations Incorporated, OptaSense, NEC Corporation, Halliburton Company and Omnisens S.A.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global Distributed fiber optic sensor market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Distributed fiber optic sensor market
Detailed Segmentation
Global Distributed Fiber Optic Sensor Market, By Technology:
Rayleigh Scattering Based Distributed Sensor
Brillouin Scattering Based Sensor
Raman Scattering Based Sensor
Interferometric Distributed Optical-Fiber Sensor
Distributed Fiber Bragg Grating Sensor
Global Distributed Fiber Optic Sensor Market, By Application:
Strain Sensing
Temperature Sensing
Acoustic/Vibration Sensing
Pressure Sensing
Others
Global Distributed Fiber Optic Sensor Market, By Vertical:
Oil & Gas
Security
Energy & Utility
Transportation Infrastructure
Industrial Application
Others
Global Distributed fiber optic sensor market, By Region:
North America
By Technology:
Rayleigh Scattering Based Distributed Sensor
Brillouin Scattering Based Sensor
Raman Scattering Based Sensor
Interferometric Distributed Optical-Fiber Sensor
Distributed Fiber Bragg Grating Sensor
By Application:
Strain Sensing
Temperature Sensing
Acoustic/Vibration Sensing
Pressure Sensing
Others
By Vertical:
Oil & Gas
Security
Energy & Utility
Transportation Infrastructure
Industrial Application
Others
By Country:
U.S.
Canada
Asia Pacific
By Technology:
Rayleigh Scattering Based Distributed Sensor
Brillouin Scattering Based Sensor
Raman Scattering Based Sensor
Interferometric Distributed Optical-Fiber Sensor
Distributed Fiber Bragg Grating Sensor
By Application:
Strain Sensing
Temperature Sensing
Acoustic/Vibration Sensing
Pressure Sensing
Others
By Vertical:
Oil & Gas
Security
Energy & Utility
Transportation Infrastructure
Industrial Application
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Europe
By Technology:
Rayleigh Scattering Based Distributed Sensor
Brillouin Scattering Based Sensor
Raman Scattering Based Sensor
Interferometric Distributed Optical-Fiber Sensor
Distributed Fiber Bragg Grating Sensor
By Application:
Strain Sensing
Temperature Sensing
Acoustic/Vibration Sensing
Pressure Sensing
Others
By Vertical:
Oil & Gas
Security
Energy & Utility
Transportation Infrastructure
Industrial Application
Others
By Country:
Germany
Italy
U.K.
France
Russia
Rest of Europe
Latin America
By Technology:
Rayleigh Scattering Based Distributed Sensor
Brillouin Scattering Based Sensor
Raman Scattering Based Sensor
Interferometric Distributed Optical-Fiber Sensor
Distributed Fiber Bragg Grating Sensor
By Application:
Strain Sensing
Temperature Sensing
Acoustic/Vibration Sensing
Pressure Sensing
Others
By Vertical:
Oil & Gas
Security
Energy & Utility
Transportation Infrastructure
Industrial Application
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By Technology:
Rayleigh Scattering Based Distributed Sensor
Brillouin Scattering Based Sensor
Raman Scattering Based Sensor
Interferometric Distributed Optical-Fiber Sensor
Distributed Fiber Bragg Grating Sensor
By Application:
Strain Sensing
Temperature Sensing
Acoustic/Vibration Sensing
Pressure Sensing
Others
By Vertical:
Oil & Gas
Security
Energy & Utility
Transportation Infrastructure
Industrial Application
Others
By Country/Region:
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
OSENSA Innovations Corp.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
AFL
SOLIFOS AG
Schlumberger Limited
FISO Technologies Inc.
Yokogawa Electric Corporation
OFS Fitel, LLC.
AP Sensing
Luna Innovations Incorporated
OptaSense
NEC Corporation
Halliburton Company
Omnisens S.A.
“*” marked represents similar segmentation in other categories in the respective section.
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