Albany, NY -- (SBWIRE) -- 10/04/2017 -- A fiber optic sensor consists of a light source, an external transducer, a photodetector, and an optical fiber, and they measure the properties of light, such as intensity, wave length, and polarization, to sense the surrounding. The change in the properties of light is detected and used to infer the change in the surrounding or the target object. A fiber optic sensor helps in measuring several physical, chemical, and biomedical properties by detecting the changes in the following properties of the target or sensing location.

The global distributed fiber optic sensing market to grow at a CAGR of 8.55% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global distributed fiber optic sensing market for 2017-2021. To calculate the market size, the report considers the sales of sensing fiber optic cables and sensing elements. Distributed temperature sensing, distributed acoustic sensing, and others (pressure and strain) are the application segments considered to determine the market size.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Distributed Fiber Optic Sensing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Halliburton
Schlumberger
Yokogawa Electric
Ziebel
Other prominent vendors
AP Sensing
Omnisens
OptaSense
Silixa

Market driver
High tolerance to high temperatures
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Market challenge
High cost of maintenance
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Market trend
Seismic downhole measurements
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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