Market Insights and Analysis: Distributed Fiber Optic Sensor Market

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MarketsandMarkets Presents
The Global Distributed Fiber Optic Sensor Market
Size is expected to grow from USD 1.2 billion in
2023 to USD 1.9 billion by 2028, at a CAGR of
9.4. There are significant opportunities in the
oil gas vertical due to the increasing adoption
of distributed sensors for measurement and
monitoring purposes and the detection of leakage
and fault locations in pipelines.
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MarketsandMarkets Presents
Temperature Sensing is estimated to have largest
market size in application type in the said
market during the forecast period The
temperature sensing application is estimated to
lead the distributed fiber optic sensor market in
size in 2028. Distributed sensors for temperature
sensing are primarily used in oil and gas
production in permanent downhole monitoring, coil
tubing optical-enabled deployed intervention
systems, and slackline optical cable deployed
intervention systems. Download PDF Sample _at_
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MarketsandMarkets Presents
Infrastructure vertical is estimated to be the
fastest-growing market during the forecast
period The oil gas vertical is estimated to
lead the distributed fiber optic sensor market in
size during the forecast period. Distributed
sensors are used for continuous, real-time
downhole monitoring to optimize the operational
and economic performance of the assets in the oil
gas vertical. The market for infrastructure
vertical is expected to develop at the highest
CAGR during the forecast period. Distributed
fiber-optic sensors for the infrastructure
vertical are primarily used for structural health
monitoring.
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MarketsandMarkets Presents
North America is expected to have largest market
size during the forecast period North America
held the largest share in 2022. The companies in
this region focus on boosting their production
capabilities and widening their distribution
networks, and the manufacturers are utilizing new
technologies in their operations. A few of the
major players based in North America, which are
operating across the Americas, are Halliburton
Company (US) and, Schlumberger (US), OFS (US),
among others.
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MarketsandMarkets Presents
Key Players Major players in the distributed
fiber optic sensor market include Schlumberger
(US), Halliburton (US), Yokogawa Electric
(Japan), Weatherford International (US), Luna
Innovations (US), OFS (US), Bandweaver (UK),
Omnisens (Switzerland), AP Sensing (Germany) and
DarkPulse (US) among others. Browse For More
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