2018 Distributed and Single Point Fiber Optic Sensing Systems Forecast Report - ResearchAndMarkets.com
The "2018
Distributed and Single Point Fiber Optic Sensing Systems Forecast"
report has been added to ResearchAndMarkets.com's
offering.
The distributed fiber optic sensor market report has been expanded to
cover single point sensors and extended to 2022. The distributed fiber
optic sensor market stood at $651 million in 2014 with 49% attributed to
the oil and gas market segment. The overall market contracted through
2016 due to the fall in oil prices. Modest recovery is projected in
2018. By 2022, the forecast shows the oil and gas market segment will
increase in value, but due to growth in other segments, it will decrease
to 19% of the distributed fiber optic sensor market.
The total distributed fiber optic sensor market that was projected
(January 2017) to be $1,008 million in 2021 is now projected to be $910
million in 2021 reaching $1,037 million in 2022.
The point sensor market is dominated by the fiber optic gyroscope market
segment which is very dependent upon government spending. From 2013-2015
reductions in government spending impacted the market. As fiber optic
sensors become more cost effective and technology advances, the
industrial and medical markets will expand for point fiber optic
sensors. The combined distributed and single point fiber optic sensor
markets are projected to be over $1.3 billion in 2022 according to an
updated and expanded market survey report conducted by the Photonic
Sensor Consortium and the publisher.
The expanded report provides much greater detail for how the market is
forecasted for specific technologies. Data is provided in graphic and
tabular formats. The market is broken down for DTS, Bragg grating, DAS,
interferometric and Brillouin scattering technologies in relation to the
various market segment applications (oil and gas, military, homeland
security, smart structures, etc.). In addition, the three dominant
technologies (DTS, DAS and Bragg gratings) show relative market share by
the major suppliers.
Key Topics Covered:
-
Reason for Update
-
Photonic Sensor Consortium Background
-
Survey Overview
-
Sensor Forecast Methodology
-
Sensor Forecast Coverage
-
Distributed Fiber Optic Sensor Market Forecast
-
Distributed Fiber Optic Sensor Market by Technologies
-
Single Point Fiber Optic Sensor Market Forecast
-
What Happened to the Market?
-
Summary and Conclusions
-
Several factors have impacted the distributed fiber optic sensor
market growth
-
Profiles of Select Distributed Fiber Optic Sensor Companies
-
Mergers and Acquisitions
-
Technology
Companies Mentioned
-
4DSP
-
AP Sensing
-
Baker Hughes
-
CGGVeritas
-
FAZ Technologies
-
FBGS
-
Fiber SenSys
-
Fibersonics
-
FISO Technologies
-
Fotech
-
Halliburton
-
IFOS
-
Intelligent Optical Systems
-
IXBlue
-
LIOS Technology
-
Luna
-
Micron Optics
-
Moog (Insensys)
-
Northrop Grumman
-
NP Photonics
-
Opsens
-
Optasense (QinetiQ)
-
Optiphase
-
OZ Optics
-
Petrospec Engineering
-
PGS
-
QinetiQ
-
Schlumberger
-
Sensornet
-
Silixa
-
Smart Fibre
-
TGS
-
Weatherford
-
Welldog
-
Zeibel
For more information about this report visit https://www.researchandmarkets.com/research/c3z6rb/2018_distributed?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180530005615/en/
Copyright Business Wire 2018
Source: Business Wire
(May 30, 2018 - 4:13 AM EDT)
News by QuoteMedia
www.quotemedia.com