Press release
Distributed Temperature Sensor Market (2022to 2027) - by Product Type, Sensor Type, End-user, and Region
This latest report provides an in-depth analysis of the Global Distributed Temperature Sensor Market size, share, recent developments, and trends. According to the report, the industry is expected to develop at a substantial rate between 2022 and 2027. The study compiles data from industry experts and numerous prominent players in the market to give a concise summary and in-depth analysis of the market. Aside from that, the research includes a complete analysis of geographical areas as well as a description of the competitive landscape to help investors, established players, and new entrants gain a significant portion of the global Distributed Temperature Sensor Market.The distributed Temperature Sensor market is envisaged to record an expansion at the CAGR of 7.89% over the forecast period, 2022 – 2027
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Market Overview
The Distributed Temperature Sensing Market is expected to register a CAGR over the forecast period 2022 to 2027. The deployment of power-efficient and miniaturized sensors along with the rising R&D expenditures by firms are some of the determinants expected to add significantly to the growth of the distributed temperature sensing market. Additionally, the growth of expensive multi-lateral hydraulic fracturing, larger focus on improving oil recovery, and the sustained strength of capital expenditure on thermally enhanced oil recovery systems provide the principal markets for the uptake of distributed temperature sensing. The investments in the industry to upgrade current infrastructure to support IoT and automation has been the principal trends impacting the industry, globally. In 2019, multimode fibers held the most significant size of the distributed temperature sensing market. Multimode fibers have a comparatively large light carrying core. These are extensively used in DTS applications and are available in core sizes of 50µm and 62.5µm.
The major players covered in the Distributed Temperature Sensor Market:
Luna Innovations, Opsens, FISO Technologies, Proximion, Honeywell, Yokogawa, Omega, Chiral Photonics, Althen, Micronor, Optocon, Scaime, Sumitomo Electric Industries,
Recent Development
Honeywell International’s largest acquisition to date was in 1999, when it acquired Honeywell for $13.8B. It’s largest disclosed sale occurred in 2016, when it sold Honeywell Technology Solutions to KBR for $300M. Honeywell International has acquired in 26 different US states, and 13 countries. The Company’s most targeted sectors include manufacturing (13%) and technology hardware (12%).
Distributed Temperature Sensor Breakdown Data by Type
AC
DC
Distributed Temperature Sensor Breakdown Data by Application
Oil and Gas
Aerospace and Defense
Civil Engineering
Power
Medical
Intelligent Buildings
Others
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APAC to Dominate the Market during Forecast Period
Asia-Pacific region is the fastest-growing market for Distributed Temperature Sensing, owing to the established oil & gas production industry and increasing technological advancements in developing countries such as China, Japan, and South Korea. The growing construction activities globally and the expanding network of power transmission cables in technologically developing countries in APAC, such as China and India, are adding to the growth of the DTS market in this region. China, India, South Korea, and Australia are some of the principal nations contributing to the growth and development of the DTS market in this area. The presence of several oil & gas companies in APAC is also driving the growth of the DTS market. Further, many enterprises operating in this region are spending on R&D to develop distributed temperature sensors, that could bring in advancements in the oil & gas industry. For instance, TDLS8100 probe-type tunable diode laser spectrometer, developed by Yokogawa Electric Corporation, is used for high pressure and high-temperature gas concentration measurement applications and is intended for use in measuring the flowing gases.
Regional Distributed Temperature Sensor Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Table of Contents:
Global Distributed Temperature Sensor Market Research Report 2022
Chapter 1 - Market Overview
Chapter 2 - Industry's Global Economic Impact
Chapter 3 - Manufacturers' Global Market Competition
Chapter 4 - Revenue (Value) by Region for Global Productions
Chapter 5 - Productions in the World, Revenue (Value), and Price Trends by Type
Chapter 6- Global Market Analysis by Application
Chapter 7 - Manufacturing Cost Analysis
Chapter 8 - Industrial Chain, Sourcing plan and Downstream Buyers
Chapter 9 - Marketing Strategy Analysis, Distributors/Traders
Chapter 10- Market Effect Factors Analysis
Chapter 11- Global Distributed Temperature Sensor Market Forecast
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country Level analysis for any 5 countries of your choice.
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