Global Distributed Temperature Sensing Market Drivers & Restraints, 2019-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 4, 2020--
The “Global Distributed Temperature Sensing Market (2019-2025)” report has been added to ResearchAndMarkets.com’s offering.
The Global Distributed Temperature Sensing Market size is expected to reach $828.9 Million by 2025, rising at a market growth of 10.5% CAGR during the forecast period.
Distributed temperature sensing (DTS) systems are optoelectronic devices that use optical fibers to measure temperature. The developments in the distributed temperature sensing market are propelled by the increased rules & regulations related to safety standards across the globe. Additionally, rising demand from oil & gas applications and extensive applications in the oil & gas industry and monitoring of power cables are expected to drive future market growth. However, the complex detection and troubleshooting system of DTS impedes this growth. It is expected that high investments in smart grid technology and the power industry is expected to give market players new opportunities.
The use of distributed temperature sensing for monitoring of temperature patterns in the stream bed in order to determine various zones where groundwater is discharged is also on the rise. Distributed temperature sensing also enables monitoring of downhole temperature in order to study hydrogeological processes at spatial resolution and high frequency. Implementation of these sensors in passive mode for in site investigation of in-well flow, groundwater flow, or for the estimation of subsurface thermal property is also on the rise. Such factors are substantially propelling the use of distributed temperature sensors thereby driving market growth.
Recent strategies deployed in the Distributed Temperature Sensing Market
Partnerships, Collaborations, and Agreements:
Nov-2019: AP Sensing collaborated with Energinet, a Danish Transmission Operator. In this collaboration, AP Sensing will offer a monitoring solution for Kriegers Flak transmission system. AP Sensing is monitoring a total of 300 km, using nine Distributed Acoustic Sensing (DAS) units and six Distributed Temperature Sensing (DTS) units. These DTS units with a range of 30-50 km and 1-4 channels are in use for thermal profiling and to detect thermal abnormalities.
Feb-2019: Silixa unveiled Carina XwellXpress, the world’s first fiber optic real-time hydraulic fracture monitoring service. This service accurately locates the microseismic and strain events through wireline interventions for enabling the operators to improve stimulation and improve designs for maximizing recovery.
Nov-2019: NKT Photonics opened a new office in Shenzhen for expanding its reach to China. This facility is equipped with the latest products from NKT Photonics’ ultra-fast laser portfolio and wide range of high-end measurement and test equipment. This expansion strengthens its presence in China and enables the further growth.
Nov-2019: NKT Photonics expanded its reach to United States by opening a new facility in Boston. This facility not only serves as sales and support but it also accommodates an application & service laboratory and state-of-art single-frequency fiber laser production.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
1.5 Methodology for the research
Chapter 2. Market Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Market Developments
3.1 Recent Strategic Developments
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2015-2019)
Chapter 4. Global Distributed Temperature Sensing Market by Operating Principle
4.1 Global Optical Frequency Domain Reflectometry Market by Region
4.2 Global Distributed Temperature Sensing Optical Time Domain Reflectometry Market by Region
Chapter 5. Global Distributed Temperature Sensing Market by Fiber Type
5.1 Global Multi-Mode Fiber Distributed Temperature Sensing Market by Region
5.2 Global Single-Mode Fiber Distributed Temperature Sensing Market by Region
Chapter 6. Global Distributed Temperature Sensing Market by Application
6.1 Global Oil & Gas Distributed Temperature Sensing Market by Region
6.2 Global Power & Utility Distributed Temperature Sensing Market by Region
6.3 Global Safety & Security Distributed Temperature Sensing Market by Region
6.4 Global Industrial Distributed Temperature Sensing Market by Region
6.5 Global Civil Engineering Distributed Temperature Sensing Market by Region
Chapter 7. Global Distributed Temperature Sensing Market by Region
7.1 North America Distributed Temperature Sensing Market
7.2 Europe Distributed Temperature Sensing Market
7.3 Asia Pacific Distributed Temperature Sensing Market
7.4 LAMEA Distributed Temperature Sensing Market
Chapter 8. Company Profiles
8.1 Yokogawa Electric Corporation
8.2 Halliburton Company
8.3 AP Sensing GmbH
8.4 Schlumberger N.V.
8.5 NKT A/S (NKT Photonics A/S)
8.6 The Furukawa Electric Company (OFS Fitel LLC)
8.7 Bandweaver Technologies Ltd.
8.8 Optromix, Inc.
8.9 Sensornet Limited (Nova Metrix LLC)
8.10 Silixa Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/dtmuqt
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PUB: 02/04/2020 06:04 AM/DISC: 02/04/2020 06:04 AM