Distributed Fiber Optic Sensor Market is Projected to Experience Significant Growth due to Rising Demand for Temperature Monitoring
The distributed fiber optic sensor market mainly consists of distributed temperature sensing (DTS), distributed strain sensing (DSS) and distributed acoustic sensing (DAS) solutions, which offer accurate thermal profile and structural integrity monitoring of pipelines, perimeters and large infrastructure assets, enabling early detection of leaks, trespassers and operational issues. Growing needs for monitoring oil/gas pipelines, power cable outages and security breaches across industries such as oil & gas, power & utility and civil engineering have been driving the demand for distributed fiber optic sensors. The Global distributed fiber optic sensor market is estimated to be valued at US$ 3729.34 Bn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period from 2024 to 2030. Key Takeaways Key players operating in the Global Distributed Fiber Optic Sensor Market Size are Jenoptik AG, Han's Laser Technology Co. Ltd., Newport Corporation, nLIGHT Inc.,...