Product Code: GVR-1-68038-462-8
Distributed Fiber Optic Sensor Market Growth & Trends:
The global distributed fiber optic sensor market size is expected to reach USD 2.53 billion by 2030, expanding at a CAGR of 6.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global industry is expected to grow exponentially over the forecast period. Factors, such as significant demand from the civil engineering vertical and rising adoption in the oil & gas sector, substantially boost the adoption of distributed fiber optic sensor (DFOS). Fiber optics can withstand rough handling, such as in pipes, streams, and reactors, where manual inspection is not feasible. Furthermore, they help in structural health monitoring at dangerous workplaces and can also be used for border security purposes to prevent intrusion.
Thus, its capability to work in a challenging environment is another factor propelling the industry's growth. Increasing demand for sophisticated infrastructure and rising per capita income is predicted to lead to industrial automation, urban mobility, and growth in high-end residential projects. Various governments are focusing on conserving their prevailing infrastructure and developing new ones. They are under constant pressure to provide the necessary infrastructure, amenities, and connectivity to people. This has resulted in increased spending on projects, such as roads, railways, and dams. This rapid growth in the advanced civil engineering vertical is expected to boost the DFOS market
The growing acceptance of DFOS has promoted manufacturers and suppliers to increase R&D expenditure to offer better products to their customers. Service providers are trying to regulate efficiencies and optimize their production process to capture maximum market share and eliminate all other substitutes of the fiber optics technology. The high production & installation price of DFOS products is promoting manufacturers to develop more competitively priced and reliable optic inspection products. Technological complexities, along with other challenges, raise the price of deploying fiber optics, which further hamper industry growth.
Distributed Fiber Optic Sensor Market Report Highlights:
- The temperature sensing application segment dominated the industry in 2023. Temperature sensors find solicitations in the oil & gas and civil engineering segments
- Suppliers and manufacturers of fiber optic equipment are looking forward to achieving higher bandwidth, 100 GBPS, by undertaking intense research activities
- North America dominated the global industry and accounted for the largest revenue share in 2023
- The growing demand for DFOS equipment can be attributed to the ever-growing demand for efficient and optimized processes, across enterprises and manufacturing sectors
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. DFOS Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Industry Value Chain Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Drivers Analysis
- 3.4.2. Market Restraints Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.4.5. Key Small-Sized Edtech Companies, By Region/Country
- 3.4.6. Key Company Ranking Analysis, 2023
- 3.5. Distributed Fiber Optic Market Analysis Tools
- 3.5.1. Porter's Analysis
- 3.5.1.1. Bargaining power of the suppliers
- 3.5.1.2. Bargaining power of the buyers
- 3.5.1.3. Threats of substitution
- 3.5.1.4. Threats from new entrants
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Economic and Social landscape
- 3.5.2.3. Technological landscape
- 3.5.2.4. Environmental landscape
- 3.5.2.5. Legal landscape
Chapter 4. DFOS Market: Application Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. DFOS Market: Application Movement Analysis, USD Million, 2023 & 2030
- 4.3. Temperature Sensing
- 4.3.1. Temperature Sensing Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Acoustic/Vibration Sensing
- 4.4.1. Acoustic/Vibration Sensing Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.5. Other
- 4.5.1. Other Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. DFOS Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. DFOS Market: Technology Movement Analysis, USD Million, 2023 & 2030
- 5.3. Rayleigh Effect
- 5.3.1. Rayleigh Effect Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. Brillouin Scattering
- 5.4.1. Brillouin Scattering Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5. Raman Effect
- 5.5.1. Raman Effect Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.6. Interferometric
- 5.6.1. Interferometric Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.7. Bragg Grating
- 5.7.1. Bragg Grating Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. DFOS Market: Vertical Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. DFOS Market: Vertical Movement Analysis, USD Million, 2023 & 2030
- 6.3. Oil & Gas
- 6.3.1. Oil & Gas Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4. Power and Utility
- 6.4.1. Power and Utility Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.5. Safety & Security
- 6.5.1. Safety & Security Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.6. Industrial
- 6.6.1. Industrial Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.7. Civil Engineering
- 6.7.1. Civil Engineering Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 7. DFOS Market: Regional Estimates & Trend Analysis
- 7.1. DFOS Market Share, By Region, 2023 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5. South America
- 7.5.1. South America DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa DFOS Market Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Companies
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Market Share Analysis
- 8.5. Company Heat Map Analysis
- 8.6. Strategy Mapping
- 8.6.1. Expansion
- 8.6.2. Mergers & Acquisition
- 8.6.3. Partnerships & Collaborations
- 8.6.4. New Product Launches
- 8.6.5. Research And Development
- 8.7. Company Profiles
- 8.7.1. Halliburton
- 8.7.1.1. Company Overview
- 8.7.1.2. Financial Performance
- 8.7.1.3. Product Benchmarking
- 8.7.1.4. Recent Developments
- 8.7.2. Schlumberger Limited
- 8.7.2.1. Company Overview
- 8.7.2.2. Financial Performance
- 8.7.2.3. Product Benchmarking
- 8.7.2.4. Recent Developments
- 8.7.3. Yokogawa Electric Corporation
- 8.7.3.1. Company Overview
- 8.7.3.2. Financial Performance
- 8.7.3.3. Product Benchmarking
- 8.7.3.4. Recent Developments
- 8.7.4. OFS Fitel, LLC
- 8.7.4.1. Company Overview
- 8.7.4.2. Financial Performance
- 8.7.4.3. Product Benchmarking
- 8.7.4.4. Recent Developments
- 8.7.5. Omnisens SA
- 8.7.5.1. Company Overview
- 8.7.5.2. Financial Performance
- 8.7.5.3. Product Benchmarking
- 8.7.5.4. Recent Developments
- 8.7.6. Brugg Kable AG
- 8.7.6.1. Company Overview
- 8.7.6.2. Financial Performance
- 8.7.6.3. Product Benchmarking
- 8.7.6.4. Recent Developments
- 8.7.7. Luna Innovations Incorporated
- 8.7.7.1. Company Overview
- 8.7.7.2. Financial Performance
- 8.7.7.3. Product Benchmarking
- 8.7.7.4. Recent Developments
- 8.7.8. AP Sensing GmbH
- 8.7.8.1. Company Overview
- 8.7.8.2. Financial Performance
- 8.7.8.3. Product Benchmarking
- 8.7.8.4. Recent Developments