Global Distributed Temperature Sensing Market 2022-2026

Global Distributed Temperature Sensing Market 2022-2026

Technavio has been monitoring the distributed temperature sensing market and it is poised to grow by $ 314.03 mn during 2022-2026, accelerating at a CAGR of 6.85% during the forecast period. Our report on the distributed temperature sensing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the need for enhanced safety and improvement in productivity yields, growing adoption of fiber optic sensors, and high deployment of fiber optic sensors in applications involving high temperatures.

The distributed temperature sensing market analysis includes the application segment and geographic landscape.

Technavio's distributed temperature sensing market is segmented as below:

By Application

• Oil and gas
• Manufacturing
• Industrial infrastructure monitoring
• Environmental monitoring
• Others

By Geographical Landscape

• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the growing importance of DTS in the oil and gas sector as one of the prime reasons driving the distributed temperature sensing market growth during the next few years. Also, market strategies by vendors and surging demand for the infrastructure sector will lead to sizable demand in the market.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters. Our report on distributed temperature sensing market covers the following areas:

• Distributed temperature sensing market sizing
• Distributed temperature sensing market forecast
• Distributed temperature sensing market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading distributed temperature sensing market vendors that include AP Sensing GmbH, Baker Hughes Co., Bandweaver, Banner Engineering Corp., Furukawa Electric Co. Ltd., GESO GmbH and Co. KG, Halliburton Co., Honeywell International Inc., Johnson Controls International Plc, Luna Innovations Inc., NXP Semiconductors NV, Opsens Inc., Qualcomm Inc., Robert Bosch GmbH, Schlumberger Ltd., STMicroelectronics NV, Sumitomo Electric Industries Ltd., Texas Instruments Inc., Weatherford International Plc, and Yokogawa Electric Corp. Also, the distributed temperature sensing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.