Distributed Temperature Sensing Report: Trends, Forecast and Competitive Analysis to 2030

Distributed Temperature Sensing Report: Trends, Forecast and Competitive Analysis to 2030

Distributed Temperature Sensing Trends and Forecast

The future of the global distributed temperature sensing market looks promising with opportunities in the fire detection, pipeline leakage detection, process & pipeline monitoring, power cable monitoring, environmental monitoring, oil & gas, and rail monitoring markets. The global distributed temperature sensing market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are increasing number of devices that are connected to a network, rising demand for distributed temperature sensing for monitoring purposes in hazardous working environments where humans cannot access, as well as, growing demand for better safety systems.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Distributed Temperature Sensing by Segment

The study includes a forecast for the global distributed temperature sensing by scattering method, operating principle, fiber type, application, and region

Distributed Temperature Sensing Market by Scattering Method [Shipment Analysis by Value from 2018 to 2030]:

• Rayleigh Scattering Effect
• Raman Scattering Effect
• Brillouin Scattering Effect

Distributed Temperature Sensing Market by Operating Principle [Shipment Analysis by Value from 2018 to 2030]:

• Optical Time Domain Reflectometry (OTDR)
• Optical Frequency Domain Reflectometry (OFDR)

Distributed Temperature Sensing Market by Fiber Type [Shipment Analysis by Value from 2018 to 2030]:

• Single-mode Fibers
• Multimode Fibers

Distributed Temperature Sensing Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Fire Detection
• Pipeline Leakage Detection
• Process & Pipeline Monitoring
• Power Cable Monitoring
• Environmental Monitoring
• Oil & Gas
• Rail Monitoring

Distributed Temperature Sensing Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Distributed Temperature Sensing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies distributed temperature sensing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the distributed temperature sensing companies profiled in this report include-

• Schlumberge
• Halliburton
• Yokogawa Electric
• Weatherford
• Sumitomo Electric
• OFS Fitel
• AP Sensing
• Bandweaver

Distributed Temperature Sensing Market Insights

Lucintel forecast that multimode fibers is expected to witness highest growth over the forecast period because it has a large core diameter, which gives light in the fiber several routes to travel.

Within this market, fire detection will remain the largest segment due to the increase in safety norms for various operations in different industries.

APAC is expected to witness highest growth over the forecast period due to increasing demand from end-use industries, such as oil and gas, power generation, food and beverage, pharmaceuticals, as well as, government initiatives to promote smart city projects in the region.

Features of the Global Distributed Temperature Sensing Market

Market Size Estimates: Distributed temperature sensing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Distributed temperature sensing market size by various segments, such as by scattering method, operating principle, fiber type, application, and region in terms of value ($B).

Regional Analysis: Distributed temperature sensing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different scattering method, operating principle, fiber type, application, and regions for the distributed temperature sensing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the distributed temperature sensing market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the distributed temperature sensing market size?

Answer: The global distributed temperature sensing market is expected to reach an estimated $1.2 billion by 2030.

Q.2 What is the growth forecast for distributed temperature sensing market?

Answer: The global distributed temperature sensing market is expected to grow with a CAGR of 6.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the distributed temperature sensing market?

Answer: The major drivers for this market are increasing demand for labor safety at working sites, reliability of dts systems/sensors for sensing and monitoring applications in harsh environments, and increasing applications in the oil & gas industry .

Q4. What are the major segments for distributed temperature sensing market?

Answer: The future of the distributed temperature sensing market looks promising with opportunities in the fire detection, pipeline leakage detection, process & pipeline monitoring, power cable monitoring, environmental monitoring, oil & gas, and rail monitoring markets.

Q5. Who are the key distributed temperature sensing market companies?

Answer: Some of the key distributed temperature sensing companies are as follows:

• Schlumberge
• Halliburton
• Yokogawa Electric
• Weatherford
• Sumitomo Electric
• OFS Fitel
• AP Sensing
• Bandweaver

Q6. Which distributed temperature sensing market segment will be the largest in future?

Answer: Lucintel forecast that multimode fibers is expected to witness highest growth over the forecast period because it has a large core diameter, which gives light in the fiber several routes to travel.

Q7. In distributed temperature sensing market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increasing demand from end-use industries, such as oil and gas, power generation, food and beverage, pharmaceuticals, as well as, government initiatives to promote smart city projects in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the distributed temperature sensing market by scattering method (rayleigh scattering effect, raman scattering effect, and brillouin scattering effect ), operating principle (optical time domain reflectometry (OTDR) and optical frequency domain reflectometry (OFDR)), fiber type (single-mode fibers and multimode fibers), application (fire detection, pipeline leakage detection, process & pipeline monitoring, power cable monitoring, environmental monitoring, oil & gas, and rail monitoring), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Please note: It will take 3 business days to deliver the report upon receipt the order. Show more