Distributed Fiber Optic Sensors Market Worth
$1.87 Billion By 2025
The global distributed fiber optic sensor (DFOS) market is estimated to touch USD 1.87 billion, by 2025, and is projected
to grow at the CAGR of 10.8% over the forecast period, 2019 to 2025. The increasing demand from oil & gas and civil
engineering application is projected to spur market growth. Fiber optics are highly reliable in streams, pipes, and
reactors wherein manual inspection is difficult. In addition, they are helpful in health monitoring, and security
applications for preventing any intrusion.
Growing demand for sophisticated structure in industrial automation, for enhanced urban mobility is boosting the
demand for fiber optical sensors. Governments across the globe are emphasizing on developing new projects and
conserving their existing infrastructure. This has substantially increased investment in railway, dam, and road
construction projects. Furthermore, rapid development in the civil engineering sector is anticipated to proliferate the
demand for fiber optic sensor.
Manufacturers of DFOS sensors are increasingly investing in R&D activities for developing new products. Additionally,
they are focusing on improving production efficiency using fiber optic technology. DFOS sensors require high installation
and production costs, however, they offer greater reliability. Moreover, vigorous inspection process, and technological
complexity may restrain the market growth.
Key manufacturers in the distributed fiber optic sensors market include Schlumberger Limited, Halliburton, Yokogawa
Electric Corporation, Qinetiq Group PLC, OFS Fitel, LLC, Omnisens SA, AP Sensing GmbH, Luna Innovations Incorporated,
and Brugg Kable AG. These players in the market are focusing on product innovations and invest high in the R & D
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