Distributed Fiber Optic Sensor Market is anticipated to grow at a CAGR of 7.5% during the forecast period. The rising adoption of strategic initiatives such as product launches for extending existing product lines by key players is expected to provide considerable growth in the market during the forecast period. For instance, in June 2021, NEC Corp. has begun sales of the “NEC Intelligent Optical Fiber Sensing Solution,” which allows communications service providers and optical fiber owners across the globe to utilize optical fiber as a sensor. This solution by using AI detects vibrations enabling the detection of abnormalities, such as fiber damage, and helping to prevent future damages. Additionally, this sensing device is attached to one end of the optical fiber and helps to detect vibrations and external conditions that may cause an abnormality. Furthermore, it also offers a mapping function that aids in accurately displaying location information, such as the latitude and longitude of a fiber section.
In May 2021, Halliburton Co. and TGS-NOPEC Geophysical ASA collaborated to bring advanced seismic imaging to fiber optic sensing. The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. The Halliburton FiberVSP and Odassea distributed acoustic sensing solutions will incorporate TGS’s seismic imaging workflows that process the entire seismic wavefield to generate high-resolution reservoir images.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered–
- By Fiber Type
- By Application
- By End-Users
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including AP Sensing GmBH, Corning Inc., Luna Innovations Inc., Optromix, Inc., Silixa Ltd., Solifos AG, Viavi Solutions, Inc., and others.
Distributed Fiber Optic Sensor Market Report Segment
By Fiber Type
- Single Mode
- Multi-Mode
By Application
- Strain Sensing
- Temperature Sensing
- Acoustic/Vibration sensing
- Pressure Sensing
- Others
By End-Users
- Oil & Gas
- Power and Utility
- Safety & Security
- Industrial
- Civil Engineering
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Distributed Fiber Optic Sensor Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- America Fujikura Ltd.
- AP Sensing GmBH
- Aragon Photonics Labs S.L.U
- Bandweaver
- Brugg Kabel Ag
- Corning Inc.
- Halliburton Energy Services, Inc.
- Hawk Measurement Systems
- Hifi Engineering Inc.
- Lockheed Martin Corp.
- Luna Innovations Inc.
- NKT Photonics A/S
- Omnisens S.A.
- OFS Fitel, LLC
- Optromix, Inc.
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