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Distributed Fiber Optic Sensor Market Share

Report ID: GMI5737
Published Date: May 2023
Report Format: PDF

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Distributed Fiber Optic Sensor Market Share

Some of the prominent players in the distributed fiber optics sensor market are:

AP Sensing GmbH
Bandweaver
Hawk Measurement
DarkPulse
Halliburton
Luna Innovations Inc
Solifos
OFS Fitel, LLC
Omnisens SA
Vivai Solutions
Schlumberger Limited
Sensuron
Silixa Ltd
Yokogawa Electric Corp
Aragon Photonics
Ziebel

Major players are focusing on partnerships & collaborations for developing technologically advanced sensors. For instance, in April 2022, Schlumberger Limited partnered with Sintela to jointly develop fiber optic solutions for multiple industries including energy and geothermal.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size foe distributed fiber optic sensor was over USD 1.3 billion in 2022 and will witness over 8.5% CAGR from 2023-2032 driven by the rising demand for civil engineering services.

Temperature sensing segment recorded over 40% of the distributed fiber optics sensor market share in 2022 owing to the rising concerns related to workplace safety.

Distributed fiber optic sensor market share from the oil & gas industry segment will observe over 9.5% CAGR from 2023-2032 due to growing application in upstream and downstream processes.

North America distributed fiber optic sensor size will surpass USD 950 million by 2032 due to the presence of major producers of oil & gas in the region.