Distributed Fibre Optic Sensor Market is Expected to Grow at a Rapid CAGR of 8.3% from 2022 to 2032

November 17, 2022November 17, 2022 ankush

According to Future Market Insights (FMI), the global distributed fibre optic sensor market is expected to grow at an 8.3% CAGR from 2022 to 2032. According to the report, the distributed fibre optic sensor market will be worth US$ 1,291.9 Mn by the end of 2022. The advantages of multimode fibre systems include their low cost when operating with high optical power over short distances and their ability to sense using a wide range of fibre propagation modes.

The use of distributed fibre optic sensors in structural health monitoring has steadily increased in the infrastructure sector. The main goal driving demand for distributed sensors in the civil sector is to gain a better understanding of the structural state and manage the infrastructure in an economically efficient manner. Pipelines, bridges, geotechnical structures, and dams are some of the key areas where structural health monitoring is becoming more prevalent in the civil engineering sector.

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The main benefit of next-generation sensors is their capacity to simultaneously monitor strain, temperature, or pressure at various sites. The deployment capacity of distributed fiber optic sensors in any demanding environment and their ability to track structural failures in real-time are some of the important factors contributing to the rising utilization of distributed sensing across the globe.

Key Takeaways: Distributed Fiber Optic Sensor Market

By sensor type, the distributed temperature sensors segment is set to account for 1% of share in the global distributed fiber optic sensor market during the forecast period.
By application, the power monitoring segment accounted for 4% of share in the distributed fiber optic sensor market.
By industry, the adoption of distributed fiber optic sensors in civil infrastructures is set to account for about 2% of share in 2022.
In the Europe distributed fiber optic sensor market, Germany accounted for 7% of share in 2021.
The U.S. distributed fiber optic sensor market held about 7% of the North America market share in 2021.

“Emergence of Rayleigh’s effect-based sensing and Raman effect-based sensing that have unique operational properties is anticipated to create new growth opportunities for distributed fiber optic sensor manufacturers. Besides, increasing use of distributed sensors in applications such as pipeline monitoring, structural health monitoring, border monitoring, and control is likely to aid growth,” says a FMI analyst.

Increasing Demand for Data-driven Decision-making across the Globe

Data is gathered through distributed fiber optic sensors along the optical fiber’s length. Due to the enormous volume of data it generates, numerous analytical methods are utilized to assess the data that has been gathered. Data-driven decision-making and strategies are becoming more and more popular on a global scale.

These are accomplished by extracting a pattern from the data that the managers can measure, deciphering the insights, and using that information to improve the overall performance and decision-making. Distributed fiber optic sensors use light scattering to gather information on changes in temperature, strain, vibration, or pressure at any location along the fiber’s length.

More Valuable Insights on Distributed Fiber Optic Sensor Market

FMI’s report on the distributed fiber optic sensor industry research is segmented into four major sections – by sensor type (distributed temperature sensors, distributed acoustic sensors, distributed pressure sensors, distributed strain sensors, and others), application (condition monitoring, intrusion detection, power monitoring, leak detection, and others), industry (oil & gas, civil infrastructures, industrial, power & utilities, military & border security, transportation, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the distributed fiber optic sensor demand outlook.

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Distributed Fiber Optic Sensor Outlook By Category

By Sensor Type: