The global distributed temperature sensing market size is expected to be worth around US$ 900.01 million by 2030, according to a new report by Vision Research Reports.
The global distributed temperature sensing market size was valued at US$ 450.1 million in 2020 and is anticipated to grow at a CAGR of 12.7% during forecast period 2021 to 2030.
|Market Size||USD 900.01 million by 2030|
|Growth Rate||CAGR of 12.7% From 2021 to 2030|
|Forecast Period||2021 to 2030|
|Segments Covered||Operating Principle, Fiber Type, Application|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Silixa Ltd, AP Sensing GmbH, NKT Photonics A/S, Bandweaver, Sensornet Limited, OFS Fitel, LLC, Schlumberger Limited, Halliburton, OPTROMIX, and Yokogawa Corporation of America.|
DTS offer fully distributed data, which minimized uncertainties and increased the amount of information received. In addition, these sensors offer very high reliability along with immunity to electromagnetic interference and shock/vibration. Also, distributed temperature sensing can be easily used in space-restricted areas. It also offer other advantages, such as high-temperature performance, long measuring ranges, high-temperature resolutions.
Various advantages of DTS contribute to its adoption across various industrial applications. Distributed temperature sensing is used for long length applications, such as in power cables, tunnels, and pipelines.
By Measuring Principle Analysis
Based on the measuring principle, the distributed temperature sensing market is categorized into Optical Time-Domain Reflectometry (OTDR) and Optical Frequency-Domain Reflectometry (OFDR). The former principle is widely used for measuring the losses in the telecom sector.
The OFDR measuring principle provides information about the local characteristics of temperature. This information is only available when the signal that is backscattered during the entire time of measurement is measured as a function of frequency.
By Fiber Type Analysis
On the basis of fiber type, the market is segmented into multi-mode fiber and single-mode fiber. The single-mode type has a small core through which only one path of rays to light to travel through it. This segment is expected to cater to relatively low shares in the market due to the small core of the fiber.
The multi-mode fiber segment is expected to cater majority market share and is also expected to expand at the fastest CAGR over the forecast period. The multi-mode fiber has a large diameter of the core that provides multiple pathways for light to travel in the fiber.
By Application Analysis
Based on the application, the market for distribution temperature sensing is categorized into five segments, namely oil and gas, power and utility, safety and security, industrial and, civil engineering. The oil and gas segment is expected to hold the largest market share in the forthcoming years.
The power and utility and civil engineering application segments are expected to grow moderately over the forecast period. Owing to the use of DTS in coal conveyors, power cables, smart grids, dams, highway tunnels, railway tunnels, and other applications.
By Regional Analysis
North America is expected to hold the largest market share during the forecast period, due to the increasing number of vendors focusing on geographical expansions to cater to growing customer demands in the region.
South America is expected to register the second-largest market share over the forecast period. Asia Pacific is anticipated to witness a rise in the adoption of distributed temperature sensing in near future, due to the low cost and high reliability of the sensors.
Silixa Ltd, AP Sensing GmbH, NKT Photonics A/S, Bandweaver, Sensornet Limited, OFS Fitel, LLC, Schlumberger Limited, Halliburton, OPTROMIX, and Yokogawa Corporation of America
By Operating Principle
Optical Time Domain Reflectometry (OTDR)
Optical Frequency Domain Reflectometry (OFDR)
By Fiber Type
Oil and Gas
Power and Utility
Safety and Security
Middle East & Africa
The Distributed Temperature Sensing market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Distributed Temperature Sensing market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Distributed Temperature Sensing market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Distributed Temperature Sensing market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Distributed Temperature Sensing market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Distributed Temperature Sensing capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Distributed Temperature Sensing by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Distributed Temperature Sensing market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Distributed Temperature Sensing market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Distributed Temperature Sensing market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Distributed Temperature Sensing industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Distributed Temperature Sensing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Distributed Temperature Sensing market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Distributed Temperature Sensing market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Distributed Temperature Sensing market. These factors have benefited the growth of the global market for Distributed Temperature Sensing. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Distributed Temperature Sensing. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Distributed Temperature Sensing are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
Underwater Robotics Market (By Type: Remotely Operated Vehicle (ROV), Autonomous Underwater Vehicles (AUV); By Application: Defense & Security, Commercial Exploration, Scientific Research, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Camping Cooler Market (By Volume: <25 quarts, 25-50 quarts, 50-75 quarts, 75-100 quarts, >100 quarts; By Product: Hard, Soft, Others; By Application: Dry camping, Backpacking, Off-road/RV camping, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Control Valves Market (By Component Type: Valve body, Actuators; By Size Type: Less than 1”, Between 1” to 6”, Between 6” to 25”, Between 25” to 50”, More than 50”; By Product: Linear, Rotary; By End-use: Oil & Gas, Chemical, Energy & Power, Water & Wastewater, Food & Beverage, Pharmaceutical, Others (manufacturing, electronics, marine, pulp & paper, and textiles)) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Biometrics Technology Market (Application: Face, Hand geometry, Voice, Signature, Iris, AFISl, Non-AFIS, Others; By End-use: Government, Banking and Finance, Consumer Electronics, Healthcare, Transport/Logistics, Defense & Security) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Industrial Valves and Actuators Market (By Product: Industrial Valves, Industrial Actuators; By System: Industrial Actuators; By End-use: Oil & Gas, Chemical, Energy & Power, Water & Wastewater, Pulp & Paper, Food & Beverage, Others (manufacturing, electronics, marine, and textiles)) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...