Global Distributed Temperature Sensing (DTS) Market is segmented by, Operating Principle (Optical time domain reflectometry (OTDR), Optical frequency domain reflectometry (OFDR)), By Fiber (Single-Mode, Multi-Mode) by Application (Oil & Gas, Power Cable Monitoring, Fire Detection, Process & Pipeline Monitoring), by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) to be worth US$ 921.06 Mn by 2026 at the CAGR of 7.66% during 2017 and 2026.
Increasing demand of distributed temperature sensing for monitoring purposes in hostile working conditions where humans cannot reach, high reliability of distributed temperature sensing as they can be positioned over long distances, and increasing need for improved safety are factors expected to contribute significantly to the growth of the distributed temperature sensing market. Lack of technical awareness about sensor cables and high implementation costs of the distributed temperature sensing probable are factors restraining the growth of the distributed temperature sensing market.
The Optical time domain reflectometry (OTDR) is leading the Distributed Temperature sensing Market.
The market for optical time domain reflectometry (OTDR) operating principle-based distributed temperature sensing held the largest size of the distributed temperature sensing market. Feature of optical time domain reflectometry (OTDR) has a main frame that can be fitted with multi-function plug-in units to perform many fiber measurement tasks and larger color displays are common. These factors driving the growth of distributed sensing temperature market .High accuracy, measurement range and high instrument resolution of distributed temperature sensing leads the distributed temperature sensing market.
The Oil & Gas segment is set to grow at high Rate in Distributed Temperature sensing Market.
The distributed temperature sensing technology is an integral part of the oil & gas industry. It helps in continuous, real-time monitoring to optimize the operational and economic performances of the assets.
The Asia Pacific is the leading in the Distributed Temperature sensing Market.
Distributed temperature sensing market in Asia Pacific is expected to grow at the highest rate. The rising demand for distributed temperature sensing in the oil & gas and power transmission sectors and the presence of major players in this region. These factors driving the market growth in Asia Pacific.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as NXP semiconductors N.V,Infineon Technologies AG, Qualcomm Technologies, Inc, Atmel Corporation,Texas instruments Inc., Robert Bosch GmbH,Johnson controls international PLC,Sony Corporation,Honeywell International, Inc, AP Sensing,LIOS Technology, Sensornet,Sumitomo Electric ,Weatherford International,Yokogawa.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Global Distributed Temperature Sensing (DTS) Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Distributed Temperature Sensing (DTS) Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Distributed Temperature Sensing (DTS) Market positioning of competitors.
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