Distributed Temperature Sensing (DTS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023

Albany, NY -- (SBWire) -- 06/06/2016 --A new market research report, by Transparency Market Research, on the global distributed temperature sensing market offers a detailed overview of the market with in-depth qualitative insights, historical data, and verifiable projections about market size. The report, titled "Distributed Temperature Sensing (DTS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023," points out the key factors impacting the growth of this market and assesses its growth during the period between 2016 and 2023. The market has been studied on the basis of operating principle, fiber type, application, and region. The report further profiles some of the key players in the global distributed temperature sensing market.

Distributed temperature sensing (DTS) systems are utilized in measuring the full length of optical fiber. These systems use light pulses that are reflected by optical fiber to effectively measure pressure and temperature changes. Nowadays, DTS systems can detect temperature changes lower than 0.01°C. It is a real-time temperature measurement technique to continuously monitor the whole length of the optical fiber.

The growing concerns regarding the safety of workers across manufacturing plants and the implementation of various safety standards by regulatory bodies have propelled the growth of the global distributed temperature sensing market. However, critical data generated by distributed temperature sensing systems is usually not utilized properly across various operations. The high initial cost of installing of these systems is also expected to hinder the growth of the market during the forecast horizon. The overall market has a huge opportunity to grow with rise in subsea operations in the oil and gas industry.

In terms of fiber type, the global distributed temperature sensing market has been broadly categorized into single-mode and multi-mode fiber. As multi-mode fiber has a larger core size and higher threshold for nonlinearities, it is widely preferred over single-mode fiber. On the basis of operating principle, the report segments the global distributed temperature sensing market into optical frequency domain reflectrometry (OFDR) and optical time domain reflectrometry (OTDR). Distributed temperature sensing is implemented across a range of applications such as power cable monitoring, oil and gas production, fire detection, pipeline leakage detection, and others.

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The report studies the global distributed temperature sensing market across five key regions: Latin America, the Middle East and Africa, Asia Pacific, North America, and Europe. The growth of each of these regional markets has been analyzed in the report with a focus on various micro- and macro-economic factors.

The global distributed temperature sensing market is highly competitive with a number of international and domestic players operating in the market. The report profiles some of the prominent players in the market such as Sensornet Ltd., Halliburton Co., OFS Fitel Llc, Innosys Industries Inc., LIOS Technology GMBH, Omnisens SA, Schlumberger NV, Yokogawa Electric Corp., Sumitomo Electric Industries Ltd., Weatherford International PLC, Omicron Electronics GMBH, AP Sensing GMBH, Tendeka B.V., and GESO.

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