According to the expert team, the overall distributed fiber optic sensor market is expected & confirm to be worth USD 1,712.3 Million by 2022, at a CAGR of 15.09% between 2016 and 2022.
Get complete pdf report brochure here: https://tinyurl.com/jzf2nmk
The major factors driving the growth of the distributed fiber optic sensor market include the increasing applications of the sensors in the oil and gas vertical, rising demand from the civil engineering vertical, and reliability of distributed fiber optic sensors while working in the challenging environments. These factors are expected to propel the growth of the distributed fiber optic sensor market.
This report segments the distributed fiber optic sensor market on the basis of operating principle, fiber type, scattering process, application, vertical, and geography.
North America held the largest share of the distributed fiber optic sensor market in 2015. Middle East region is amongst the major regions which are the largest producers of crude oil, globally, and use of distributed fiber optic sensor in oil and gas vertical for the greenhouse projects is encouraging the growth of the distributed fiber optic sensor market in this region.
Growing power and utility, and oil and gas vertical in the region leading to the increased demand for distributed fiber optic sensors in these verticals is a crucial factor driving the market in this region.
The major challenges for the companies in the market are the high cost of installation of distributed fiber optic sensor systems. The major vendors in the distributed fiber optic sensor market include Schlumberger Limited (U.S.), Halliburton Company (U.S.), Yokogawa Electric Corporation (Japan), Weatherford International plc (Switzerland), QinetiQ Group plc (U.K.), Luna Innovations Incorporated (U.S.), OFS Fitel LLC (U.K.), Bandweaver (U.K.), OmniSens S.A. (Switzerland), Brugg Kabel AG (Switzerland), AP Sensing GmbH (Germany), AFL (U.S.), and Ziebel AS (Norway). These players adopted various strategies such as new product launches and developments, mergers, partnerships, and collaborations to cater to the needs of customers.
For sample pages, click here: https://tinyurl.com/hhy84kk
Get complete pdf report brochure here: https://tinyurl.com/jzf2nmk
The major factors driving the growth of the distributed fiber optic sensor market include the increasing applications of the sensors in the oil and gas vertical, rising demand from the civil engineering vertical, and reliability of distributed fiber optic sensors while working in the challenging environments. These factors are expected to propel the growth of the distributed fiber optic sensor market.
This report segments the distributed fiber optic sensor market on the basis of operating principle, fiber type, scattering process, application, vertical, and geography.
North America held the largest share of the distributed fiber optic sensor market in 2015. Middle East region is amongst the major regions which are the largest producers of crude oil, globally, and use of distributed fiber optic sensor in oil and gas vertical for the greenhouse projects is encouraging the growth of the distributed fiber optic sensor market in this region.
Growing power and utility, and oil and gas vertical in the region leading to the increased demand for distributed fiber optic sensors in these verticals is a crucial factor driving the market in this region.
The major challenges for the companies in the market are the high cost of installation of distributed fiber optic sensor systems. The major vendors in the distributed fiber optic sensor market include Schlumberger Limited (U.S.), Halliburton Company (U.S.), Yokogawa Electric Corporation (Japan), Weatherford International plc (Switzerland), QinetiQ Group plc (U.K.), Luna Innovations Incorporated (U.S.), OFS Fitel LLC (U.K.), Bandweaver (U.K.), OmniSens S.A. (Switzerland), Brugg Kabel AG (Switzerland), AP Sensing GmbH (Germany), AFL (U.S.), and Ziebel AS (Norway). These players adopted various strategies such as new product launches and developments, mergers, partnerships, and collaborations to cater to the needs of customers.
For sample pages, click here: https://tinyurl.com/hhy84kk
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