Distributed Temperature Sensing Market Estimated To Expand At A Double-Digit CAGR Through 2025 | Grand View Research, Inc.

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Distributed Temperature Sensing Market Estimated To Expand At A Double-Digit CAGR Through 2025 | Grand View Research, Inc.

Distributed Temperature Sensing Market Estimated To Expand At A Double-Digit CAGR Through 2025 | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report by Grand View Research, Inc., the distributed temperature sensing market has observed promising growth opportunities amidst the Covid-19 pandemic crisis for effective vaccine distribution. Also, market application in wearable tech devices suggests predictive patterns of heart rate variability, respiratory rates, heart rates, and body temperature from customer fitness devices.

The global distributed temperature sensing market size is anticipated to reach USD 849.0 million by 2025, It is expected to exhibit a CAGR of 10.7% from 2019 to 2025. The adoption of DTS sensors has rapidly increased in recent years due to its cost advantages. It employs standard telecom fiber that requires no special sensors and therefore supporting cost-saving. The cost of material, installation, system design, and maintenance is low for these sensors, thus, positively influence the overall market growth.

DTS offer fully distributed data with an increased amount of information transferred and minimized uncertainties. Furthermore, these sensors offer very high reliability and offer other advantages, such as high-temperature performance, long measuring ranges, high-temperature resolutions. Presently, the safety of the workers in manufacturing plants has become important and the rules pertaining to their safety have increased over recent years. This is driving the DTS market growth. DTS has empowered heavy-duty industries to monitor temperature and pressure through which leakage or fire to avoid any casualties. 

Distributed Temperature Sensing Market Report Highlights

 Based on measuring principle, Optical Time Domain Reflectometry (OTDR) holds a significant revenue share and is set to continue this trend over the forecast period, on account of its high usage and robust measurements

• On the basis of fiber type, multi-mode fiber segment is projected to cater majority revenue share and is also projected to expand at the fastest growth rate over the forecast period. The segment product offers better temperature resolution that its counterparts

• Based on the application, oil and gas segment is anticipated to emerge as the fastest growing segment over the forecast period and has found extensive application across drilling, petrochemical plants, pipelines, floating-roof tanks/fixed-roof tanks, and others

• Asia Pacific is expected to exhibit the fastest growth rate from 2019 to 2025, owing to the increasing adoption of cost-effective and reliable temperature measuring solutions

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Distributed Temperature Sensing Market Segmentation

Grand View Research has segmented the global distributed temperature sensing market based on operating principle, fiber type, application, and region:

Distributed Temperature Sensing Operating Principle Outlook (Revenue, USD Million, 2014 – 2025)

     Optical Time Domain Reflectometry (OTDR)
     Optical Frequency Domain Reflectometry (OFDR)

Distributed Temperature Sensing Fiber Type Outlook (Revenue, USD Million, 2014 – 2025)

     Single-Mode Fiber
     Multi-Mode Fiber

Distributed Temperature Sensing Application Outlook (Revenue, USD Million, 2014 – 2025)

     Oil and Gas
     Power and Utility
     Safety and Security
     Industrial
     Civil Engineering

Distributed Temperature Sensing Regional Outlook (Revenue, USD Million, 2014 – 2025)

     North America
        • The U.S.
        • Mexico
        • Canada
     Europe
        • Germany
        • The U.K.
        • France
    • Asia Pacific
        • China
        • India
        • Japan
     South America
        • Brazil
    • Middle East & Africa

List of Key Players of Distributed Temperature Sensing Market

    • Silixa Ltd
    • AP Sensing GmbH
    • NKT Photonics A/S
    • Bandweaver
    • Sensornet Limited
    • OFS Fitel, LLC
    • Schlumberger Limited
    • Halliburton
    • OPTROMIX
    • Yokogawa Corporation of America

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About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

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