Distributed Fiber Optic Sensor Market (DFOS) Fiber Type (Single-Mode, Multimode), by Operating Principle (OTDR, OFDR), Scattering Process (Raman Effect, Rayleigh Effect), Vertical, Application (Temperature, Acoustic), and Region: Global Opportunity Analysis and Industry Forecast, 2016-2022

Distributed Fiber Optic Sensor Market Overview

The global Distributed Fiber Market was valued at $ 0.65 Billion in 2015 and is estimated to reach $ 1.71 Billion by 2022, at a CAGR of 15.09% between 2016 and 2022. The base year is considered for the report is 2015, the forecast has been provided for the period from 2016 to 2022.

Increasing demand for distributed fiber optic sensors for monitoring applications

Distributed fiber optic sensors are optoelectronic devices that are used to measure physical parameters along the length of the optical fiber. This helps in the generation of a continuous profile of temperature, acoustics, or strain conditions along the entire length of the fiber. It provides critical data in various applications and serves as a cost-effective option for monitoring physical parameter sensing at multiple points in difficult operating conditions.

The rising demand for distributed fiber optic sensors for monitoring purposes in harsh working conditions where human reach is not feasible, high reliability because of wide coverage of distributed fiber optic sensors as they can be deployed over long distances, and need for improved safety systems are the other key factors contributing to the growth of the aforesaid sector. However, lack of awareness regarding distributed fiber optic sensors and technical difficulties faced during installation and working of distributed fiber optic sensors is another factor causing an obstruction in the growth of this market.

In addition, the higher cost of distributed fiber optic sensor stances as a key challenge for industry players. However, increasing safety norms, supportive government policies, and increasing demand for data-based analysis are providing the opportunity for this market to grow.

The market is segmented on the basis of operating principle, fiber type, scattering process, application, vertical, and region. Based on operating principle, the market is divided into optical time domain reflectometry and optical frequency domain reflectometry. Based on fiber type, the market is divided into single-mode fiber and multimode fiber. By scattering process, the market has been categorized into Rayleigh scattering effect, Raman scattering effect, and Brillouin scattering effect. By application the market is further segmented into temperature sensing, acoustic sensing, and other sensing applications. By vertical, the distributed fiber optic sensors market has been bifurcated into oil and gas, power and utility, safety and security, industrial, and civil engineering.

Market Dynamics

Drivers

• Increasing applications in the oil and gas vertical
• Increasing demand from the civil engineering vertical
• Reliability of distributed fiber optic sensors while working in challenging environments

Restraints

Technical issues in the installation of distributed fiber optic sensors are the main obstacles of this industry.

Opportunities

• Increasing demand for data-based analysis
• High potential in the offshore industry
• Stringent statutory regulations regarding leak detection

The OTDR operating principle led the global distributed fiber optics sensor market in terms of market share in 2015 driven by majority of the companies engaged in the manufacturing of the distributed fiber optic sensors producing the sensors based on OTDR operating principle.

The market for multimode fiber based sensors expected to hold a larger size of the distributed fiber optic sensor market by 2022. Multimode fiber based sensors are preferred in the oil and gas vertical as the systems have been tested and been in use for a long period primary because of its ability to operate reliably in harsh conditions. The use of single-mode fibers is slowly increasing. These fibers are used to cover long distances and, hence, are being used by power and utility and civil engineering vertical.

The market for Rayleigh scattering effect by scattering method is expected to hold the largest size of the distributed fiber optic sensor market by 2022.

Raman scattering effect is the most preferred scattering method owing to the property of maintaining a balance between the range to which it can sense physical parameters and the accuracy with which it can measure physical parameters.

Temperature sensing application led the global distributed fiber optics sensor market in terms of market share during the forecast period. Distributed sensors for temperature sensing are primarily used for process and pipeline monitoring purpose in the oil and gas vertical and power cable monitoring in the power and utility vertical. Increasing demand for data-based decision making coupled with cost-effectiveness of distributed fiber optic sensors is driving the market.

Oil and gas vertical to lead the distributed fiber optic sensor market in 2015. The distributed sensors are used for continuous, real-time downhole monitoring to optimize the operational and economic performance of the assets in the oil and gas vertical.

Temperature sensing and Acoustic sensing applications: the key drivers

Temperature Sensing

Distributed fiber optic sensors for temperature measurement are primarily used in high-temperature environments anywhere along the length of the optical fiber. Distributed sensor is used in the end user industries such as oil and gas, power and utility, chemical, civil engineering, and security.

Acoustic Sensing

Distributed acoustic sensor is used to measure any kind of acoustic or vibrational change by using a distributed fiber optic which can measure it along the length of the optical fiber. Rayleigh scattering method is the only backscattering method that can be used to measure any acoustic or vibrational changes. Distributed fiber optic sensor for acoustic is used by the end-user industries such as oil and gas, civil engineering, and security.

North America to dominate the market during the forecast period

North America is predicted to lead the overall distributed fiber optic sensor market between 2016 and 2022. The companies in North America are boosting their production and widening their distribution networks, and the manufacturers are utilizing new technologies in their operation. The distributed fiber optic sensor market in APAC is expected to witness the highest growth rate during the forecast period. The increasing demand for distributed fiber optic sensor systems in oil and gas, and power and utility verticals and strong presence of major players in the region are the two crucial factors driving the market in APAC region.

Key Benefits for distributed fiber optic sensor market

• This study presents the analytical depiction of the global market analysis along with the current trends and future estimations to depict the imminent investment pockets.
• The overall market opportunity is determined by understanding the profitable trends to gain a stronger foothold.
• The report presents information related to the key drivers, restraints, and opportunities of the market with a detailed impact analysis.
• The current distributed fiber optic sensor market is quantitatively analyzed from 2016 to 2022 to benchmark the financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Leading market players

The distributed fiber optics sensor market ecosystem comprises interface manufacturers, distributors, and service providers. The key players include:

• Schlumberger Limited,
• Yokogawa Electric Corporation,
• Weatherford International Plc,
• OFS Fitel, LLC.,
• Halliburton Company,
• Bandweaver,
• Brugg Kabel AG.
• QinetiQ Group Plc,
• Luna Innovations Incorporated,
• OmniSens SA,

Key segments of the market

By Operating Principle,

• Optical time domain reflectometry
• Optical frequency domain reflectometry

By Fiber type,

• Single-mode fiber
• Multimode fiber

By Scattering Process,

• Rayleigh scattering effect
• Raman scattering effect
• Brillouin scattering effect

By Vertical,

• Oil and gas
• Power and utility
• Safety and security
• Industrial
• Civil engineering

By Application,

• Temperature sensing
• Acoustic sensing
• Other sensing applications

By Region,

• Middle East
• Asia Pacific (APAC)
• Europe
• North America
• Rest of the World (RoW)