Distributed Temperature Sensing (DTS) Market Size & Share - Industry Trend and Forecast 2016 - 2023

"Distributed Temperature Sensing (DTS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023 " is the latest addition to MarketResearchReports.Biz industry research reports collection.

The main objective of this report is to define, describe, and forecast the global “Distributed Temperature Sensing (DTS) ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Distributed temperature sensing (DTS) helps in making continuous measurements for the full length of the optical fiber. Previously measurements were made at pre-determined and discrete points which were not helpful in getting the right information. DTS uses the light pulses which are reflected by the optical fiber to measure the temperature and pressure changes more efficiently. Using DTS it is now possible to detect temperature changes which are smaller than 0.01°C. Also, DTS is a real-time temperature measurement technique which provides continuous monitoring for the whole length of the cable covering all the critical measurement points.

Presently, safety issues of the workers and manufacturing plants have become immensely important, also, rules and regulations pertaining safety standards have increased during recent years driving the DTS market. DTS provides continuous measurements of temperature and pressure through which leakage and fire could be detected to avoid any casualties. Moreover, with real time measurements DTS systems have become more reliable and organizations are counting on them for correct and precise information. Brownfield operations have increased worldwide where older facilities and sites are used for developing a new structures. With the help of real time monitoring, DTS is improving the brownfield operations. Monitoring techniques are extremely helpful in harsh working conditions such as negative temperatures, extremely high temperatures in desert areas or sites which are not entirely safe for workers such as underground and mid sea operations. However, the critical data generated by DTS is not being utilized properly which could reduce the efficiency and lead to a future complications. DTS generates data which could be used in various operations for improving the overall performance and if this data is not used properly it could lead to substantial loss. Also, the high initial costs of DTS systems is restraining their growth. Increasing subsea operations in the oil and gas industry provides high growth opportunities to the distributed temperature sensing market.

Distributed temperature sensing market is segmented on the basis of fiber type, operating principle and application. On the basis of fiber type, distributed temperature sensing market is segmented into single-mode fiber and multi-mode fiber. Furthermore, according to operating principle, distributed temperature sensing market is segmented into optical time domain reflectometry (OTDR) and optical frequency domain reflectometry (OFDR). Key applications of distributed temperature sensing are oil and gas production, power cable monitoring, pipeline leakage detection, fire detection and other applications. On the basis of geography, the global distributed temperature sensing market is segmented into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa.

The global distributed temperature sensing market is highly competitive in nature and is marked with the presence of several international and domestic key players. Major players in the distributed temperature sensing market include Halliburton Co., Sensornet Ltd., Innosys Industries, Inc., OFS Fitel Llc, LIOS Technology GMBH, Schlumberger NV, Omnisens SA, Yokogawa Electric Corp., Weatherford, International PLC, Sumitomo Electric Industries Ltd., Omicron Electronics GMBH, Tendeka B.V., AP Sensing GMBH and GESO

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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