Global Distributed Temperature Sensing Market Size By Operating Principle (Optical Time Domain Reflectometry (OTDR), Optical Frequency Domain Reflectometry (OFDR)), By Fiber Type (Single-Mode Fiber, Multi-Mode Fiber), By Application (Oil And Gas, Upstream), By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Distributed Temperature Sensing Market Size By Operating Principle (Optical Time Domain Reflectometry (OTDR), Optical Frequency Domain Reflectometry (OFDR)), By Fiber Type (Single-Mode Fiber, Multi-Mode Fiber), By Application (Oil And Gas, Upstream), By Geographic Scope And Forecast
Distributed Temperature Sensing Market Size And Forecast
Distributed Temperature Sensing Market size was valued at USD 767.09 Million in 2022 and is projected to reach USD 1,122.58 Million by 2030, growing at a CAGR of 4.6% from 2023 to 2030.
The spread temperature sensor market share is anticipated to expand significantly during the projection period, due to an increase in safety standards rules, and regulations. Furthermore, the market is growing due to an increase in demand for distributed temperature monitoring in oil and gas uses. Furthermore, a diverse set of uses is anticipated to drive the development of the Distributed Temperature Sensing Market during the projection period. The Global Distributed Temperature Sensing Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Distributed Temperature Sensing Market Definition
The distributed temperature sensor technology is a real-time temperature gauging technology that enables constant tracking along the length of the wire at all critical measurement locations. The distributed temperature detection system was created mainly to assist reservoir engineers in enhancing tracking systems in the oil and gas industry. Furthermore, distributed temperature monitoring systems are intended to pinpoint temperature with a spatial resolution of 1m and a precision of 1°C at a resolution of 0.01°C. Furthermore, dispersed temperature sensing establishes the temperature by detecting the intensity differential between stokes and anti-stokes. Furthermore, the increased penetration of next-generation optic fiber-based Internet of Things solutions is expected to provide substantial development prospects for the Distributed Temperature Sensing Market.
What's inside a
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Global Distributed Temperature Sensing Market Overview
Some of the factors anticipated to contribute considerably to the development of the Distributed Temperature Sensing Market are the deployment of power-efficient and miniaturized sensors, as well as increasing R&D expenditures by firms. Furthermore, the expansion of costly multi-lateral hydraulic fracturing, a greater emphasis on increasing oil recovery, and the continued power of capital spending on thermally enhanced oil recovery systems serve as the primary marketplaces for distributed temperature sensing adoption. The industry’s investments to update existing infrastructure to support IoT and automation have been the main trends affecting the industry worldwide. Multimode fibers dominated the distributed temperature monitoring industry in 2019. Multimode fibers have a relatively big core for transporting the light. These are widely used in DTS uses and come in core diameters of 50m and 62.5m.
DTS technology is now an important component of the oil and gas and electricity line monitoring industries. DTS devices aid in continuous, real-time downhole tracking in order to optimize asset operational and fiscal performance. This enables reservoir engineers to better comprehend the injection and production processes and, as a result, maximize output and improve recovery, resulting in increased profits. For example, Yokogawa launched the TDLS8100 probe-type tunable diode laser spectrometer in January 2019 for use in hydrocarbon, petrochemical, iron & steel, electricity, and other sectors.
Government policies that encourage safety and a rise in manufacturing and building activities, particularly in technologically advanced countries such as China, India, and Brazil, support the fast adoption of DTS systems. In November 2019, for example, AP Sensing worked with Energinet, a Danish Transmission Operator, to provide a surveillance solution for the Kriegers Flak transmission system. AP Sensing uses nine Distributed Acoustic Sensing (DAS) devices and six Distributed Temperature Sensing (DTS) units to track a total of 300 km. These DTS devices, which have a range of 30-50 km and 1-4 channels, are used for thermal profiling and detecting thermal abnormalities.
Several countries are heavily involved in developing stringent and mandatory OSH standards and laws to guarantee operational safety. As a result, rising safety standards and favorable government policies around the world have hastened the development of the Distributed Temperature Sensing Market. Higher infrastructure updating costs to keep security needs, on the other hand, pose a major challenge to the market. However, one of the primary reasons impeding market development is the complicated problem detection and repair process. Increasing investment in smart grid technology, on the other hand, is anticipated to provide lucrative possibilities for the development of the Distributed Temperature Sensing Market during the projection period.
Global Distributed Temperature Sensing Market Segmentation Analysis
The Global Distributed Temperature Sensing Market is Segmented on the basis of Operating Principle, Fiber Type, Application, And Geography.
Distributed Temperature Sensing Market, By Operating Principle
- Optical Time Domain Reflectometry (OTDR)
- Optical Frequency Domain Reflectometry (OFDR)
Based on Operating Principle, The market is bifurcated into Optical Time Domain Reflectometry (OTDR) and Optical Frequency Domain Reflectometry (OFDR). The earlier concept is extensively used in the telecom industry to calculate losses. A laser pulse is produced by solid-state or semiconductor lasers and sent into the fiber in the OTDR concept. The temperature is monitored by analyzing the backscattered radiation. The majority of distributed temperature sensing devices are built on optical time-domain reflectometry working principles, giving them a significant market stake. The OFDR measuring concept gives information about the temperature’s local features. This information is only accessible when the backscattered signal is measured as a function of frequency over the full measurement period. This concept provides for the most effective use of system bandwidth.
Distributed Temperature Sensing Market, By Fiber Type
- Single-Mode Fiber
- Multi-Mode Fiber
Based on Fiber Type, The market is bifurcated into Single-Mode Fiber and Multi-Mode Fiber. The single-mode variety has a small core that allows only one route of light beams can pass. Because of the small core of the fiber, this sector is anticipated to appeal to comparatively small market shares. The multi-mode fiber category is anticipated to account for the majority of market share and to grow at the fastest CAGR during the projection period. The center of multi-mode fiber is big in diameter, providing numerous paths for light to move through the fiber. It has a high nonlinearity threshold and can send more electricity through the fiber. Because it provides greater temperature resolution, this fiber variety is commonly used for long-distance transmission.
Distributed Temperature Sensing Market, By Application
- Oil and Gas
- Power and Utility
- Safety and Security
- Industrial
- Civil Engineering
Based on Application, The market is bifurcated into Oil and Gas, Power and Utility, Safety and Security, Industrial, and Civil Engineering. In the future years, the oil and gas sector is anticipated to have the largest market share. The need to understand the vertical thermal profile and real-time temperature is growing, leading to the widespread use of DTS in industrial facilities, drilling, pipelines, floating-roof tanks/fixed-roof tanks, and other applications. Over the forecast period, the power and utility and structural building application sectors are anticipated to expand moderately. DTS is used in coal conveyors, electricity lines, smart networks, dams, motorway tunnels, railway tunnels, and a variety of other uses. During the forecast period, the safety and security sector is anticipated to grow at a rapid pace. Factors such as the avoidance of fire, leakage, mishaps, and malfunction, among others, as well as the optimization of the oil plant’s output effectiveness, are driving up demand.
Distributed Temperature Sensing Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Based on Regional Analysis, the Global Distributed Temperature Sensing Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is anticipated to have the biggest market share during the projection period, owing to an increasing number of vendors concentrating on regional growth in order to meet the region’s expanding consumer demands. For example, Silixa Ltd., a provider of distributed fiber optic monitoring systems, increased its footprint in North America in September 2019 by establishing a new location in Montana, USA. This was due to greater demand for the company’s direct temperature sensing devices and other tracking solutions based on distributed sensing.
Key Players
The “Global Distributed Temperature Sensing Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Silixa Ltd, AP Sensing GmbH, NKT Photonics A/S, Bandweaver, Sensornet Limited, OFS Fitel, LLC, Schlumberger Limited, Halliburton, OPTROMIX, and Yokogawa Corporation of America.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In September 2022, Halliburton Company has signed a Memorandum of Understanding (MoU) with the Saudi Data and Artificial Intelligence Authority (SDAIA) to address national and global energy challenges by developing data science and artificial intelligence (AI) applications and solutions using DS365.ai.
- In February 2020, Schlumberger has declared the establishment of a world-class manufacturing plant in King Salman Energy Park (SPARK). The facility will manufacture a variety of technologies, such as liner hangers and packers, as well as valve technologies such as GROVE valves and ORBIT rising stem ball valves, to aid in the effectiveness of oil and gas activities in the Kingdom and neighboring countries.
- In February 2019, Yokogawa Test & Measurement Corporation, a Japan-based developer of advanced test and measurement instruments, introduced the AQ1210 OTDR (optical time domain reflectometer), which is a successor to the AQ1200 OTDR and has been enhanced with the addition of a larger capacity battery and touchscreen functionality. It is perfect for fibre-optic cable repair and installation.
- In November 2019, AP Sensing has partnered with Energinet, a Danish transmission operator, to provide a surveillance solution for the Kriegers Flak transmission system. AP Sensing tracks a total of 300 km using 6 Distributed Temperature Sensing (DTS) and 9 Distributed Acoustic Sensing (DAS) devices. (DAS). These DTS devices, which have 1-4 channels and a range of 30-50 km, are used to identify thermal abnormalities and thermal profiling.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Distributed Temperature Sensing Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Distributed Temperature Sensing Market gauge the attractiveness of a certain sector, and assess investment possibilities.