The North America Distributed Fiber Optic Sensor Market would witness market growth of 8.2% CAGR during the forecast period (2021-2027).
The capability of the technology to deliver maximum performance in challenging applications is among the major factors propelling the growth of the market. Optical fibers help professionals to supervise and regulate the huge operations utilized in border security, pipelines, and civil engineering. The installation of fiber optic cables provides organizations with better cost-saving prospects in comparison to other metal wires owing to the great transmission capacity. The superior efficiency and great speed of transmission abilities in mobile & distant places motivate the companies to adopt the technology.
The growing requirement among the companies to involve efficient sensing operations of their machine systems is expected to create bright growth prospects for the distributed fiber optic sensor market. The uses of optic sensing have surged significantly over numerous business industries like aerospace, civil, automotive, energy, and others. There are many kinds of sensing technologies like Rayleigh’s effect-based and Raman Effect-based sensing, which also have discrete operational abilities. The elevated functionality of Distributed Fiber Optic Sensor (DFOS) is motivating many organizations to allot more funds into the technology and in R&D activities. It further leads to the development of the latest products, thus providing the company with the opportunity to acquire a higher market share.
The strong presence of major key players of the distributed fiber optic sensor market in this region would create lucrative opportunities for other players of the market. In addition, the high adoption rate of various technically advanced or improved products would support this regional market. There are many companies in this region, which have high capital to install these distributed fiber optic sensors at their sites.
The dominance of the top leading oil and gas companies in the US would increase the adoption of distributed fiber optic sensors in this region. Moreover, the rising adoption of these sensors and the strict statutory regulations related to leak detection would accelerate the growth of the regional distributed fiber optic sensor market.
The US market dominated the North America Safety & Security Distributed Fiber Optic Sensor Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $76.3 million by 2027. The Canada market is experiencing a CAGR of 11.1% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 10.1% during (2021 - 2027).
Based on Technology, the market is segmented into Raman Effect, Brillouin Scattering, Rayleigh Effect, Interferometric, and Others. Based on Application, the market is segmented into Temperature Sensing, Acoustic/Vibration Sensing and Others. Based on End User, the market is segmented into Oil & Gas, Power & Utility, Safety & Security, Industrial, Civil Engineering and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Distributed Fiber Optic Sensor Market is Estimated to Reach USD 1.9 Billion by 2027 at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include of Fujikura Ltd., Furukawa Electric Co., Ltd., Bandweaver Technologies Ltd., Yokogawa Electric Corporation, Halliburton Company, Schlumberger N.V., Weatherford International PLC, Luna Innovations, Incorporated, Omnisens SA, and Terna SpA (BruggKabel AG).
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Raman Effect
- Brillouin Scattering
- Rayleigh Effect
- Interferometric
- Others
By Application
- Temperature Sensing
- Acoustic/Vibration Sensing
- Others
By End User
- Oil & Gas
- Power & Utility
- Safety & Security
- Industrial
- Civil Engineering
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Fujikura Ltd.
- Furukawa Electric Co., Ltd.
- Bandweaver Technologies Ltd.
- Yokogawa Electric Corporation
- Halliburton Company
- Schlumberger N.V.
- Weatherford International PLC
- Luna Innovations, Incorporated
- Omnisens SA
- Terna SpA (BruggKabel AG)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Distributed Fiber Optic Sensor Market, by Technology
1.4.2 North America Distributed Fiber Optic Sensor Market, by Application
1.4.3 North America Distributed Fiber Optic Sensor Market, by End User
1.4.4 North America Distributed Fiber Optic Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Distributed Fiber Optic Sensor Market by Vertical
3.1 North America Oil & Gas Distributed Fiber Optic Sensor Market by Country
3.2 North America Power & Utility Distributed Fiber Optic Sensor Market by Country
3.3 North America Safety & Security Distributed Fiber Optic Sensor Market by Country
3.4 North America Industrial Distributed Fiber Optic Sensor Market by Country
3.5 North America Civil Engineering Distributed Fiber Optic Sensor Market by Country
3.6 North America Other Vertical Distributed Fiber Optic Sensor Market by Country
Chapter 4. North America Distributed Fiber Optic Sensor Market by Application
4.1 North America Distributed Fiber Optic Sensor Temperature Sensing Market by Country
4.2 North America Distributed Fiber Optic Sensor Acoustic/Vibration Sensing Market by Country
4.3 North America Distributed Fiber Optic Sensor Others Market by Country
Chapter 5. North America Distributed Fiber Optic Sensor Market by Technology
5.1 North America Raman Effect Distributed Fiber Optic Sensor Market by Country
5.2 North America Brillouin Scattering Distributed Fiber Optic Sensor Market by Country
5.3 North America Rayleigh Effect Distributed Fiber Optic Sensor Market by Country
5.4 North America Interferometric Distributed Fiber Optic Sensor Market by Country
5.5 North America Others Distributed Fiber Optic Sensor Market by Country
Chapter 6. North America Distributed Fiber Optic Sensor Market by Country
6.1 US Distributed Fiber Optic Sensor Market
6.1.1 US Distributed Fiber Optic Sensor Market by Vertical
6.1.2 US Distributed Fiber Optic Sensor Market by Application
6.1.3 US Distributed Fiber Optic Sensor Market by Technology
6.2 Canada Distributed Fiber Optic Sensor Market
6.2.1 Canada Distributed Fiber Optic Sensor Market by Vertical
6.2.2 Canada Distributed Fiber Optic Sensor Market by Application
6.2.3 Canada Distributed Fiber Optic Sensor Market by Technology
6.3 Mexico Distributed Fiber Optic Sensor Market
6.3.1 Mexico Distributed Fiber Optic Sensor Market by Vertical
6.3.2 Mexico Distributed Fiber Optic Sensor Market by Application
6.3.3 Mexico Distributed Fiber Optic Sensor Market by Technology
6.4 Rest of North America Distributed Fiber Optic Sensor Market
6.4.1 Rest of North America Distributed Fiber Optic Sensor Market by Vertical
6.4.2 Rest of North America Distributed Fiber Optic Sensor Market by Application
6.4.3 Rest of North America Distributed Fiber Optic Sensor Market by Technology
Chapter 7. Company Profiles
7.1 Fujikura Ltd.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.2 Furukawa Electric Co., Ltd.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.3 Bandweaver Technologies Ltd.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.4 Yokogawa Electric Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.5 Halliburton Company
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.6 Schlumberger N.V.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Weatherford International PLC
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.7.4 Research & Development Expense
7.8 Luna Innovations, Incorporated
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Acquisition and Mergers:
7.8.5.2 Partnerships, Collaborations, and Agreements:
7.8.5.3 Product Launches and Product Expansions:
7.9 Omnisens SA
7.9.1 Company Overview
7.10. Terna SpA (BruggKabel AG)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
TABLE 1 North America Distributed Fiber Optic Sensor Market, 2017 - 2020, USD Million
TABLE 2 North America Distributed Fiber Optic Sensor Market, 2021 - 2027, USD Million
TABLE 3 North America Distributed Fiber Optic Sensor Market by Vertical, 2017 - 2020, USD Million
TABLE 4 North America Distributed Fiber Optic Sensor Market by Vertical, 2021 - 2027, USD Million
TABLE 5 North America Oil & Gas Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Oil & Gas Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Power & Utility Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Power & Utility Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Safety & Security Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Safety & Security Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Industrial Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Industrial Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Civil Engineering Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Civil Engineering Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Other Vertical Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Other Vertical Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Distributed Fiber Optic Sensor Market by Application, 2017 - 2020, USD Million
TABLE 18 North America Distributed Fiber Optic Sensor Market by Application, 2021 - 2027, USD Million
TABLE 19 North America Distributed Fiber Optic Sensor Temperature Sensing Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Distributed Fiber Optic Sensor Temperature Sensing Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Distributed Fiber Optic Sensor Acoustic/Vibration Sensing Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Distributed Fiber Optic Sensor Acoustic/Vibration Sensing Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Distributed Fiber Optic Sensor Others Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Distributed Fiber Optic Sensor Others Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Distributed Fiber Optic Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 26 North America Distributed Fiber Optic Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 27 North America Raman Effect Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Raman Effect Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Brillouin Scattering Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Brillouin Scattering Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Rayleigh Effect Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Rayleigh Effect Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Interferometric Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Interferometric Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Others Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Others Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Distributed Fiber Optic Sensor Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Distributed Fiber Optic Sensor Market by Country, 2021 - 2027, USD Million
TABLE 39 US Distributed Fiber Optic Sensor Market, 2017 - 2020, USD Million
TABLE 40 US Distributed Fiber Optic Sensor Market, 2021 - 2027, USD Million
TABLE 41 US Distributed Fiber Optic Sensor Market by Vertical, 2017 - 2020, USD Million
TABLE 42 US Distributed Fiber Optic Sensor Market by Vertical, 2021 - 2027, USD Million
TABLE 43 US Distributed Fiber Optic Sensor Market by Application, 2017 - 2020, USD Million
TABLE 44 US Distributed Fiber Optic Sensor Market by Application, 2021 - 2027, USD Million
TABLE 45 US Distributed Fiber Optic Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 46 US Distributed Fiber Optic Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 47 Canada Distributed Fiber Optic Sensor Market, 2017 - 2020, USD Million
TABLE 48 Canada Distributed Fiber Optic Sensor Market, 2021 - 2027, USD Million
TABLE 49 Canada Distributed Fiber Optic Sensor Market by Vertical, 2017 - 2020, USD Million
TABLE 50 Canada Distributed Fiber Optic Sensor Market by Vertical, 2021 - 2027, USD Million
TABLE 51 Canada Distributed Fiber Optic Sensor Market by Application, 2017 - 2020, USD Million
TABLE 52 Canada Distributed Fiber Optic Sensor Market by Application, 2021 - 2027, USD Million
TABLE 53 Canada Distributed Fiber Optic Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 54 Canada Distributed Fiber Optic Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 55 Mexico Distributed Fiber Optic Sensor Market, 2017 - 2020, USD Million
TABLE 56 Mexico Distributed Fiber Optic Sensor Market, 2021 - 2027, USD Million
TABLE 57 Mexico Distributed Fiber Optic Sensor Market by Vertical, 2017 - 2020, USD Million
TABLE 58 Mexico Distributed Fiber Optic Sensor Market by Vertical, 2021 - 2027, USD Million
TABLE 59 Mexico Distributed Fiber Optic Sensor Market by Application, 2017 - 2020, USD Million
TABLE 60 Mexico Distributed Fiber Optic Sensor Market by Application, 2021 - 2027, USD Million
TABLE 61 Mexico Distributed Fiber Optic Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 62 Mexico Distributed Fiber Optic Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 63 Rest of North America Distributed Fiber Optic Sensor Market, 2017 - 2020, USD Million
TABLE 64 Rest of North America Distributed Fiber Optic Sensor Market, 2021 - 2027, USD Million
TABLE 65 Rest of North America Distributed Fiber Optic Sensor Market by Vertical, 2017 - 2020, USD Million
TABLE 66 Rest of North America Distributed Fiber Optic Sensor Market by Vertical, 2021 - 2027, USD Million
TABLE 67 Rest of North America Distributed Fiber Optic Sensor Market by Application, 2017 - 2020, USD Million
TABLE 68 Rest of North America Distributed Fiber Optic Sensor Market by Application, 2021 - 2027, USD Million
TABLE 69 Rest of North America Distributed Fiber Optic Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 70 Rest of North America Distributed Fiber Optic Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 71 Key Information – Fujikura Ltd.
TABLE 72 Key Information –Furukawa Electric Co., Ltd.
TABLE 73 key Information – Bandweaver Technologies Ltd.
TABLE 74 Key Information – Yokogawa Electric Corporation
TABLE 75 key Information – Halliburton Company
TABLE 76 key information – Schlumberger N.V.
TABLE 77 key information – Weatherford International PLC
TABLE 78 key information – Luna Innovations, Incorporated
TABLE 79 key information – Omnisens SA
TABLE 80 key information – Terna SpA
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Furukawa Electric Co., Ltd.
FIG 3 Recent strategies and developments: Luna Innovations, Incorporated