Distributed Fibre Optic Sensing Market is Estimated to Reach USD 3,176.18 Million by the end of 2029: Cognitive Market Research

Market Overview:
Distributed fibre optic sensing is a technique that allows for continuous, real-time measurements throughout the whole length of a fibre optic cable. Thousands of continuous sensor points are created throughout the cable with distributed fibre optic sensors, which use the fibre as the sensor.
It detects temperature, acoustic, strain, and other characteristics using the physical properties of light as it passes through a fibre. The crucial harsh environment infrastructure is monitored more effectively with distributed sensor cables.
It is widely used in the several oil & gas, power and utility, safety and security, infrastructure, and industrial applications. These DFOS are high in demand for oil and gas pipelines, infrastructure development which dives the market.

Market Insight:
• Global Distributed Fibre Optic Sensing Market is expected to reach USD 3,176.18 Million by the end of 2029, growing at a CAGR of 8.82% between 2022 and 2029.
• Raman Revenue is anticipated to reach at USD 1,247.71 Million in 2029
• Pipeline Revenue in Distributed Fibre Optic Sensing is estimated to reach USD 1,595.09 Million in 2029.

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Market Drivers For Distributed Fibre Optic Sensing:
• Rising infrastructure development activities
Population growth in cities causes people to be crammed into high-rise apartments or distributed throughout the outskirts of urban expansion. This drives towards the development of land for commercial properties, social and economic support institutions, transportation, and residential structures.
According to the United Nations Population fund, currently, more than half of the population of world is living in towns or cities and by 2030 this number is predicted to reach at around 5 billion. With the rising population and growing urbanization, the government is taking initiatives such as smart cities, economic development, employment upgradation, and others.
Furthermore, the structural health monitoring (SHM) system employs the distributed fiber optic sensors (DFOS) approach. Validation of the DFOS approach is crucial for the creation of a monitoring system with enhanced accuracy and spatial resolution for the bridge application.
Hence, rising infrastructure development activities drives the growth of the distributed fibre optic sensing -DFOS market.
Upsurge in oil and gas industry
• Restraints for Distributed Fibre Optic Sensing Market
High cost of DFOS systems
• Opportunities for Distributed Fibre Optic Sensing Market
Rising industrialization and globalization

Cognitive Market Research Company's Research Methodology - https://www.cognitivemarketresearch.com/research-methodology

Market Segmentation:
Scattering Method:
• Raman
The Raman scattering effect, also known as the Raman effect, is a type of scattering that occurs when light passes through a material. The Raman effect occurs when light is scattered by molecules in gases, liquids, or solids. The Raman effect is characterised by the emergence of additional spectral lines around the incoming light's wavelength. In optical fibre distributed temperature monitoring, the Raman scattering phenomenon is one of the fundamental physical mechanisms used. This was accomplished using Raman distributed temperature sensors (RDTS).

• Rayleigh
Rayleigh scattering-based distributed fibre sensors have recently become popular for measuring static and dynamic phenomena including temperature, dynamic strain, and sound waves. The OTDR and OFDR techniques are used in Rayleigh scattering-based distributed fibre sensors.

• Brillouin
• Fibre Brag Grating

Application:
• Pipeline
Pipeline leakage and intrusion detection continue to be a difficult issue because existing leak detection methods. Traditional pipeline guarding systems have been ineffective in preventing leaks and discouraging third-party entry into pipelines and plant facilities. DFOS have been used to provide non-intrusive digital pipeline monitoring by acting as an early warning system, allowing operators to act swiftly in the event of a pipeline leakage or intrusion into a plant area or leakage into the environment.

• Power
Distributed sensing technology has been widely employed in the power industry, with power cable monitoring being the most typical use. It is commonly used for buried cable monitoring, tunnel cable monitoring, subsea power cable monitoring, overhead cable monitoring, and other applications.

• Others

Operating Principle:
• OTDR
An Optical Time Domain Reflectometer (OTDR) is a device that is used to assess the integrity of fibre optic cables and is used in the construction, certification, maintenance, and troubleshooting of fibre optic systems. Hand-held OTDRs create a virtual picture of the fibre optic cable in order to assess its condition and performance potential. It simply takes one operator and one instrument to certify a connection or locate a network failure

• OFDR
Optical frequency domain reflectometry (OFDR) is a unique technique for analyzing optical light pathways and reflection properties in optical fibre and components. OFDR uses continuous wave (CW) light sources to function in the frequency domain, allowing for greater signal-to-noise ratios.

Vertical:
• Oil & Gas
• Power and Utility
• Safety and Security
• Infrastructure
• Industrial

Solution:
• DAS
• DSS
• DTS

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Competitive Analysis for Distributed Fibre Optic Sensing Market:
Micron Optics, OptaSense(QinetiQ), Opsens Inc, Halliburton, Proximion, FISO Technologies, ITF Technologies Inc, Omnisens SA, Epsilon Optics, LIOS Technology, Wuhan Ligong Guangke, Bandweaver, Boomdts, Sensornet, Schlumberger, Yokogawa Electric Corporation, Luna Innovations

• Schlumberger Limited
Schlumberger Limited is a France based company which offers, digital solutions and deploy technologies to enable performance and sustainability that are crucial for the global energy industry. The company has presence in over 120 countries. the company has presence in North America, Middle East; Russia and Central Asia; and offshore. the company is operating in four segments: Digital & Integration, Reservoir Performance, Well Construction and Production Systems.

NEWS:
April 2022
• Schlumberger Expanded Global AI Innovation Network with Opening of Artificial Intelligence Center in Europe
Schlumberger has announced it has expanded its global INNOVATION FACTORI network with the inauguration of a new center in Oslo, Norway.

• Halliburton
Halliburton is engaged in the development and supply of several products and services, which involves express fiber optical cable which offers measurements and assists in fracture monitoring, Odassea distributed fibre optic acoustic sensing solution. The segments included in the portfolio are subsurface, well construction, and other. The company also offers services for and consulting in the market.

Related Report:
• Distributed Temperature Sensing Market- https://www.cognitivemarketresearch.com/distributed-temperature-sensing-market-report
• Distributed Acoustic Sensing Market- https://www.cognitivemarketresearch.com/distributed-acoustic-sensing-market-report
• Distributed Solar PV Market- https://www.cognitivemarketresearch.com/distributed-solar-pv-market-report
• Distributed Energy Resource Management System- https://www.cognitivemarketresearch.com/distributed-energy-resource-management-system-market-report

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