According to the new research report on
the "Distributed Temperature
Sensing Market by Operating Principle (OTDR, OFDR), Fiber Type
(Single-mode Fibers, Multimode Fibers), Scattering Method (Rayleigh Effect,
Raman Effect, Brillouin Effect), Application, and Geography - Global Forecast
to 2025", the market is expected to grow from USD 734 million in 2020
to USD 958 million by 2025, at a CAGR of 5.5%. The growth of this market is
mainly driven by the growing demand for labor safety at workplaces, reliability
of DTS systems/sensors for sensing and monitoring applications in harsh
environments, and increasing applications in the oil & gas industry.
Increasing safety norms and supportive government policies related to leakage
detection and growing adoption of data-based analytics provide major
opportunities for the growth of the distributed temperature sensing market.
Multimode fibers to witness higher CAGR
during 2020–2025
Multimode
fibers have a relatively large light carrying core. Multimode fibers have a
relatively large light carrying core. These are available in core sizes of 50µm
and 62.5µm and are widely used in DTS applications. The transmitted rays of
light are allowed to follow multiple paths within the fiber. The large core
diameter helps to propagate more optical power in the fiber. The signal
undergoes dispersion since many modes are present, and hence, there is more
power loss as compared to single-mode fiber, which eventually restricts the
signal carrying capacity in terms of distance covered.
Fire detection application expected to
exhibit highest CAGR in distributed temperature sensing market from 2020 to
2025
The
distributed temperature sensing market for fire detection application is
expected to grow at the highest CAGR from 2020 to 2025. With the increasing
industrialization and construction activities, and growing number of safety
norms in technologically advancing countries such as China, India, and Brazil,
the implementation of DTS systems for fire detection application is also
growing as these systems provide temperature details along the length of the
cable. DTS systems also help in enhancing the safety of equipment and
surroundings.
Expanding network of power transmission
cables in Asian countries to boost demand for distributed temperature sensing
in APAC during forecast period
The
distributed temperature sensing market in APAC is expected to grow at the
highest CAGR during the forecast period. The increasing construction activities
worldwide and the expanding network of power transmission cables in
technologically advancing countries in APAC, such as China and India, are
contributing to the growth of the DTS market in this region. India, China, South
Korea, and Australia are some of the major countries contributing to the growth
and development of the DTS market in this region. The presence of several oil
& gas companies in the region is also driving the growth of the DTS market
in APAC.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116007783
Key
players in the distributed temperature sensing market are Schlumberger Limited
(US), Halliburton Company (US), Yokogawa Electric Corporation (Japan),
Weatherford International PLC (Switzerland), Sumitomo Electric Industries
(Japan), OFS Fitel (US), AP Sensing GmbH (Germany), Bandweaver Technologies
(China), NKT Photonics (Germany), and GESO GmbH & Co. (Germany).
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