The global distributed fiber optic sensor market is anticipated to grow at a CAGR of 7.5% during the forecast period. The rising adoption of strategic initiatives such as product launches for extending existing product lines by key players is expected to provide considerable growth in the market during the forecast period. For instance, in June 2021, NEC Corp. has begun sales of the "NEC Intelligent Optical Fiber Sensing Solution," which allows communications service providers and optical fiber owners across the globe to utilize optical fiber as a sensor. This solution by using AI detects vibrations enabling the detection of abnormalities, such as fiber damage, and helping to prevent future damages. Additionally, this sensing device is attached to one end of the optical fiber and helps to detect vibrations and external conditions that may cause an abnormality. Furthermore, it also offers a mapping function that aids in accurately displaying location information, such as the latitude and longitude of a fiber section.
Browse the full report description of “Distributed Fiber Optic Sensor Market Size, Share & Trends Analysis Report by Fiber Type (Single Mode and Multi-Mode), by Application (Strain Sensing, Temperature Sensing, Acoustic/Vibration Sensing, Pressure Sensing, and Others), and by End-Users (Oil and Gas, Power and Utility, Safety and Security, Industrial, Civil Engineering, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/distributed-fiber-optic-sensor-market
In May 2021, Halliburton Co. and TGS-NOPEC Geophysical ASA collaborated to bring advanced seismic imaging to fiber optic sensing. The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. The Halliburton FiberVSP and Odassea distributed acoustic sensing solutions will incorporate TGS’s seismic imaging workflows that process the entire seismic wavefield to generate high-resolution reservoir images.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Fiber Type
o By Application
o By End-Users
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including AP Sensing GmBH, Corning Inc., Luna Innovations Inc., Optromix, Inc., Silixa Ltd., Solifos AG, Viavi Solutions, Inc., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Distributed Fiber Optic Sensor Market Report Segment
By Fiber Type
By Application
By End-Users
Global Distributed Fiber Optic Sensor Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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