Abstract
Summary
The distributed fiber optic sensor market is projected to grow from USD 1.2 billion in 2023 to reach USD 1.9 billion by 2028; it is expected to grow at a CAGR of 9.4% during the forecast period. Distributed fiber optic sensors provide critical data in various applications and are cost-effective for monitoring physical parameter sensing at multiple points in difficult operating conditions. They enable the high accuracy of detection over long distances.
“Oil & gas vertical is expected to have largest market size in vertical during the forecast period”
The oil & gas vertical is estimated to lead the distributed fiber optic sensors market, in terms of size, during the forecast period. Distributed sensors have applications like real-time downhole monitoring to increase operational efficiency in oil & gas. Temperature sensing is the largest application in the oil & gas vertical, based on market size, which drives the market for the oil & gas vertical. Rising oil & gas production and transmission/distribution projects provide opportunities for sensors in upstream, midstream, & downstream processes.
“Distributed strain sensing to grow with highest CAGR during the forecast period”
Distributed fiber optic sensors can measure strain along the length of the optical fiber. Brillouin and Rayleigh are the most suitable scattering methods to measure strain. Distributed sensors, especially for the strain sensing application, are rapidly gaining prominence in the civil engineering vertical, having a major application for structural health monitoring purposes. Within the structural health monitoring application, geotechnical monitoring, dams, tunnels, roads, bridges, and historical structures are the primary areas where distributed sensing systems to measure strain are used. FBG-based sensors used for strain sensing application are also considered under this segment.
“OTDR is expected to have largest segment of the distributed fiber optic sensor market, by operating principle”
The OTDR-based distributed fiber optic sensors market is expected to secure the largest market share during the forecast period. Most of the companies engaged in the manufacturing of distributed fiber optic sensors produce the sensors based on the OTDR operating principle. OTDR is a robust technology and can provide accurate measurements with a high resolution. This technology has been in use since the inception of distributed fiber optic sensors.
“Asia Pacific region to grow with highest CAGR during the forecast period”
The Asia Pacific is expected to be the fastest-growing market for distributed fiber optic sensors. It includes India, China, Japan, Indonesia, and the Rest of Asia Pacific (RoAPAC). This region has become a global focal point for investments and business expansion. The Asia Pacific market shows significant growth in all sectors, including oil & gas, building & construction, and power. Technological and economic advancements in India and China are also supporting market growth. Other important factors include the growth of the oil & gas (such as greenfield projects) and power & utility verticals.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials in the distributed fiber optic sensors market. Following is the breakup of the profiles of the primary participants for the report.
• By Company Type: Tier 1 – 27%, Tier 2 – 35%, and Tier 3 – 38%
• By Designation: C-level Executives – 32%, Directors – 44%, and Others – 24%
• By Region: North America – 33%, Europe – 30%, APAC – 27%, and RoW – 10%
The report profiles key players in the global distributed fiber optic sensor market with their respective market share analysis. Prominent players profiled in this report are 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). The other key market players include AFL (US), Aragon Photonics (Spain), Fotech (UK), Hifi Engineering (Canada), Hawk Measurement (Australia), NKT Photonics (Denmark), Corning (US), Optromix (US), OZ Optics (Canada), Sensornet (UK), Sensuron (US), Silixa (UK), Solifos (Switzerland), VIAVI Solutions (US) and Ziebel (US).
Research Coverage:
The report defines, describes, and forecasts the distributed fiber optic sensors market based on equipment, component, service, end user industry and geography. It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the distributed fiber optic sensors market. It also analyzes competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and developments carried out by the key players to grow in the market.
Reasons to Buy This Report
The report will help leaders/new entrants in the distributed fiber optic sensors market in the following ways:
1. The report segments the distributed fiber optic sensors market comprehensively and provides the closest market size estimation for all subsegments across regions.
2. The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities in the distributed fiber optic sensors market.
3. The report will help stakeholders understand their competitors better and gain insights to improve their position in the distributed fiber optic sensors market. The competitive landscape section describes the competitor ecosystem.
4. Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the distributed fiber optic sensors market
5. In-depth assessment of market shares, growth strategies and product offerings of leading players like Schlumberger (US), Halliburton (US), Yokogawa Electric (Japan), Weatherford International (US), Luna Innovations (US) among others.
Table of Contents
1 INTRODUCTION 29
1.1 STUDY OBJECTIVES 29
1.2 MARKET DEFINITION 29
1.2.1 INCLUSIONS AND EXCLUSIONS 30
1.3 STUDY SCOPE 31
1.3.1 MARKETS COVERED 31
1.3.2 REGIONAL SCOPE 31
1.3.3 YEARS CONSIDERED 32
1.4 CURRENCY 32
1.5 STAKEHOLDERS 32
1.6 SUMMARY OF CHANGES 33
1.7 LIMITATIONS 33
1.8 RECESSION IMPACT 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
2.1.1 SECONDARY AND PRIMARY RESEARCH 37
2.1.2 SECONDARY DATA 38
- 2.1.2.1 Secondary sources 38
- 2.1.2.2 List of key secondary sources 38
2.1.3 PRIMARY DATA 39
- 2.1.3.1 Primary sources 39
- 2.1.3.2 Key industry insights 39
- 2.1.3.3 Primary interviews with experts 40
- 2.1.3.4 List of key primary respondents 40
- 2.1.3.5 Breakdown of primaries 40
2.2 MARKET SIZE ESTIMATION 41
2.2.1 BOTTOM-UP APPROACH 41
- 2.2.1.1 Approach to derive market size using bottom-up analysis 41
2.2.2 TOP-DOWN APPROACH 42
- 2.2.2.1 Approach to derive market size using top-down analysis 42
2.3 DATA TRIANGULATION 43
2.4 RESEARCH ASSUMPTIONS 44
2.5 RECESSION IMPACT ANALYSIS PARAMETERS 44
2.6 RISK ASSESSMENT 45
3 EXECUTIVE SUMMARY 46
3.1 RECESSION IMPACT 46
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DISTRIBUTED FIBER OPTIC SENSORS MARKET 51
4.2 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY FIBER TYPE 52
4.3 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY APPLICATION 52
4.4 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY VERTICAL 53
4.5 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY COUNTRY 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 MARKET DYNAMICS 54
5.2.1 DRIVERS 55
- 5.2.1.1 Rising applications in oil & gas vertical 55
- 5.2.1.2 Surging demand from infrastructure vertical 55
- 5.2.1.3 Reliability of distributed fiber optic sensors in challenging environments 55
5.2.2 RESTRAINTS 56
- 5.2.2.1 Technical issues in installation 56
5.2.3 OPPORTUNITIES 57
- 5.2.3.1 Growing demand for data-based analysis 57
- 5.2.3.2 High potential in offshore industry 57
- 5.2.3.3 Stringent statutory regulations regarding leak detection 57
5.2.4 CHALLENGES 58
- 5.2.4.1 High cost of distributed fiber optic sensor systems 58
5.3 VALUE CHAIN ANALYSIS 59
5.4 CASE STUDIES 61
5.4.1 AP SENSING UTILIZED ITS DISTRIBUTED ACOUSTIC SYSTEM FOR CABLE FAULT DETECTION 61
5.4.2 DEUTSCHE BAHN UTILIZED DISTRIBUTED ACOUSTIC SENSING UNIT TO MONITOR CABLE THEFT 61
5.4.3 PUBLIC WORKS AUTHORITY OF QATAR UTILIZED LINEAR HEAT DETECTION SYSTEMS EQUIPPED WITH DTS AND DAS FOR MONITORING PURPOSES 61
5.4.4 SCHLUMBERGER SHOWCASED WELLWATCHER BRITEBLUE HT DTS FIBER SENSOR FOR MONITORING STEAM FLOOD OPERATING TEMPERATURE IN CANADA 61
5.4.5 SCHLUMBERGER SHOWCASED HDVS DISTRIBUTED ACOUSTIC SENSING SYSTEM FOR BOREHOLE SEISMIC SURVEY IN BELGIUM 61
5.5 PRICING ANALYSIS 62
5.5.1 AVERAGE SELLING PRICE (ASP) ANALYSIS, BY APPLICATION 62
5.6 TECHNOLOGY ANALYSIS 63
5.6.1 QUASI-DISTRIBUTED SENSING 63
5.6.2 DISTRIBUTED SENSING 63
5.6.3 INTERFEROMETRY 63
5.7 TECHNOLOGY TRENDS 64
5.7.1 MINIATURIZATION OF DISTRIBUTED FIBER OPTIC SENSING CABLES AND SENSORS 64
5.8 PORTER’S FIVE FORCES ANALYSIS 64
5.8.1 INTENSITY OF COMPETITIVE RIVALRY 65
5.8.2 THREAT OF NEW ENTRANTS 65
5.8.3 THREAT OF SUBSTITUTES 66
5.8.4 BARGAINING POWER OF SUPPLIERS 66
5.8.5 BARGAINING POWER OF BUYERS 66
5.9 ECOSYSTEM MAP 67
5.9.1 MATERIAL AND COMPONENT PROVIDERS 68
5.9.2 SENSOR MANUFACTURERS 68
5.9.3 END USERS 68
5.10 DISTRIBUTED FIBER OPTIC SENSORS MARKET: SUPPLY CHAIN ANALYSIS 68
5.11 PATENT ANALYSIS 69
5.11.1 LIST OF MAJOR PATENTS 71
5.12 TRADE DATA 76
5.12.1 IMPORT DATA 76
5.12.2 EXPORT DATA 77
5.12.3 TARIFF ANALYSIS 78
5.13 GOVERNMENT STANDARDS RELATED TO FIBER OPTIC SENSORS 80
5.13.1 STANDARDS 80
5.13.2 US 80
- 5.13.2.1 ASTM F3079-14 80
- 5.13.2.2 ASTM E1653-94 80
- 5.13.2.3 ISA TR12.21.01 80
5.13.3 CANADA 80
- 5.13.3.1 CSA C22.2 NO 232 80
5.13.4 EUROPE 80
- 5.13.4.1 IEC 61757-1:2012 80
- 5.13.4.2 IEC 61757-1-1:2016 81
- 5.13.4.3 IEC 61757-3-1: (IEC 86C/1267/CD:2014) (Germany) 81
- 5.13.4.4 IEC 60794-3-70 81
- 5.13.4.5 UL 61010-1 81
5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC SHIFT) 82
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 82
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 82
5.15.2 BUYING CRITERIA 83
5.16 KEY CONFERENCES AND EVENTS 84
6 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY FIBER TYPE 85
6.1 INTRODUCTION 86
6.2 MULTIMODE FIBERS 87
6.2.1 DEMAND FOR HIGHER ACCURACY AND PRECISION 87
6.3 SINGLE-MODE FIBERS 88
6.3.1 RISING NEED FOR LONG-DISTANCE MONITORING 88
7 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY OPERATING PRINCIPLE 90
7.1 INTRODUCTION 91
7.2 OPTICAL TIME DOMAIN REFLECTOMETRY 92
7.2.1 ACCURACY AND ROBUSTNESS IN MEASUREMENT OF TEMPERATURE, STRAIN, AND ACOUSTICS 92
7.3 OPTICAL FREQUENCY DOMAIN REFLECTOMETRY 93
7.3.1 INCREASED ADOPTION OWING TO GROWING DEMAND FOR LOW-COST TECHNOLOGY 93
8 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY SCATTERING TYPE 95
8.1 INTRODUCTION 96
8.2 RAYLEIGH SCATTERING EFFECT 98
8.2.1 CAPABILITY TO MEASURE ALL TYPES OF PHYSICAL PARAMETERS 98
8.3 RAMAN SCATTERING EFFECT 98
8.3.1 RISING DEMAND FOR TEMPERATURE SENSING IN OIL & GAS VERTICAL 98
8.4 BRILLOUIN SCATTERING EFFECT 98
8.4.1 STRUCTURAL HEALTH MONITORING TO BOOST ADOPTION OF BRILLOUIN SCATTERING EFFECT 98
8.5 FIBER BRAGG GRATING 98
8.5.1 PRIMARILY USED IN INFRASTRUCTURE, INDUSTRIAL, AND OIL & GAS VERTICALS 98
9 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY APPLICATION 99
9.1 INTRODUCTION 100
9.2 TEMPERATURE SENSING 102
9.2.1 PRIMARILY USED IN OIL & GAS VERTICAL 102
9.3 ACOUSTIC SENSING 105
9.3.1 HIGH DEMAND FOR MONITORING AND SURVEILLANCE OF PIPELINE SYSTEMS 105
9.4 STRAIN SENSING 107
9.4.1 RISING INFRASTRUCTURAL DEVELOPMENT IN VARIOUS REGIONS 107
10 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY VERTICAL 110
10.1 INTRODUCTION 111
10.2 OIL & GAS 112
10.2.1 GROWING DEMAND FOR LEAK DETECTION, DOWNHOLE MONITORING, AND REAL-TIME MEASUREMENT APPLICATIONS 112
10.3 POWER & UTILITY 115
10.3.1 RISING NEED FOR POWER CABLE MONITORING 115
10.4 SAFETY & SECURITY 116
10.4.1 RISING NEED TO PROTECT CRITICAL INFRASTRUCTURE AND BORDERS 116
10.5 INDUSTRIAL 118
10.5.1 RISING PROMINENCE OF INDUSTRIAL PROCESS MONITORING 118
10.6 INFRASTRUCTURE 120
10.6.1 INCREASING STRUCTURAL HEALTH MONITORING-BASED APPLICATIONS 120
10.7 TELECOMMUNICATION 122
10.7.1 INCREASING DEMAND FOR RELIABLE AND SECURE COMMUNICATION NETWORKS 122
11 DISTRIBUTED FIBER OPTIC SENSORS MARKET, BY REGION 124
11.1 INTRODUCTION 125
11.2 NORTH AMERICA 128
11.2.1 US 131
- 11.2.1.1 Rising investments in pipelines, industrial automation, and innovation 131
11.2.2 CANADA 132
- 11.2.2.1 Increasing adoption of safety measures and standards 132
11.2.3 MEXICO 132
- 11.2.3.1 Ongoing developments in oil & gas and safety & security verticals 132
11.3 MIDDLE EAST 133
11.3.1 SAUDI ARABIA 137
- 11.3.1.1 Rising oil & gas production projects 137
11.3.2 IRAQ 137
- 11.3.2.1 Upcoming oil & gas-related projects 137
11.3.3 IRAN 137
- 11.3.3.1 Government focus on supporting oil & gas sector growth 137
11.3.4 REST OF MIDDLE EAST 137
11.4 EUROPE 138
11.4.1 RUSSIA 142
- 11.4.1.1 Russia to dominate European sensors market 142
11.4.2 SCANDINAVIA 142
- 11.4.2.1 Increasing penetration of renewable energy in Scandinavian countries 142
11.4.3 GERMANY 142
- 11.4.3.1 Rising infrastructural development 142
11.4.4 UK 143
- 11.4.4.1 Vast network of power transmission and significant focus on oil & gas 143
11.4.5 REST OF EUROPE 143
11.5 ASIA PACIFIC 144
11.5.1 CHINA 148
- 11.5.1.1 China to command largest share of Asia Pacific market 148
11.5.2 INDIA 148
- 11.5.2.1 Government support for oil & gas and infrastructure sectors 148
11.5.3 INDONESIA 149
- 11.5.3.1 Ongoing oil & gas exploration activities 149
11.5.4 JAPAN 149
- 11.5.4.1 Increasing demand from energy sector 149
11.5.5 REST OF ASIA PACIFIC 149
11.6 REST OF THE WORLD 150
11.6.1 AFRICA 154
- 11.6.1.1 Government initiatives to enhance industrial sector 154
11.6.2 SOUTH AMERICA AND CENTRAL AMERICA 154
- 11.6.2.1 Brazil 154
- 11.6.2.1.1 High government expenditure on infrastructure 154
- 11.6.2.2 Argentina 154
- 11.6.2.2.1 Growing industrial and safety & security verticals 154
- 11.6.2.3 Venezuela 155
- 11.6.2.3.1 Need to ensure safe production and transportation of petrochemical products 155
- 11.6.2.4 Rest of South and Central America 155
- 11.6.2.1 Brazil 154
12 COMPETITIVE LANDSCAPE 156
12.1 OVERVIEW 156
12.2 KEY PLAYER STRATEGIES 156
12.3 MARKET SHARE ANALYSIS 157
12.4 FIVE-YEAR COMPANY REVENUE ANALYSIS 158
12.5 COMPANY EVALUATION QUADRANT 159
12.5.1 STARS 159
12.5.2 EMERGING LEADERS 159
12.5.3 PERVASIVE PLAYERS 159
12.5.4 PARTICIPANTS 160
12.5.5 COMPETITIVE BENCHMARKING 161
12.6 STARTUP/SME EVALUATION QUADRANT 166
12.6.1 PROGRESSIVE COMPANIES 166
12.6.2 RESPONSIVE COMPANIES 166
12.6.3 DYNAMIC COMPANIES 166
12.6.4 STARTING BLOCKS 166
12.7 COMPETITIVE SCENARIO AND TRENDS 168
12.7.1 PRODUCT LAUNCHES 168
12.7.2 DEALS 169
13 COMPANY PROFILES 171
13.1 KEY COMPANIES 171
13.1.1 SCHLUMBERGER 171
13.1.2 HALLIBURTON 178
13.1.3 YOKOGAWA ELECTRIC 183
13.1.4 WEATHERFORD INTERNATIONAL 189
13.1.5 LUNA INNOVATIONS 193
13.1.6 OFS 200
13.1.7 BANDWEAVER 204
13.1.8 OMNISENS 207
13.1.9 AP SENSING 210
13.1.10 DARKPULSE 213
13.2 OTHER KEY PLAYERS 216
13.2.1 AFL 216
13.2.2 ARAGON PHOTONICS LABS 217
13.2.3 CORNING 218
13.2.4 FOTECH 219
13.2.5 HIFI ENGINEERING 220
13.2.6 HAWK MEASUREMENT 221
13.2.7 NKT PHOTONICS 222
13.2.8 OPTROMIX 223
13.2.9 OZ OPTICS 224
13.2.10 SENSORNET 225
13.2.11 SENSURON 226
13.2.12 SILIXA 227
13.2.13 SOLIFOS 227
13.2.14 VIAVI SOLUTIONS 228
13.2.15 ZIEBEL 228
14 APPENDIX 229
14.1 DISCUSSION GUIDE 229
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 232
14.3 CUSTOMIZATION OPTIONS 234
14.4 RELATED REPORTS 234
14.5 AUTHOR DETAILS 235