Distributed Fiber Optic Sensor Market

1. Distributed Fiber Optic Sensor Market to Witness Growth Acceleration by 2029 The global distributed fiber optic sensor market is anticipated to grow at a CAGR of 7.5% during the forecast period. The rising adoption of strategic initiatives such as product launches for extending existing product lines by key players is expected to provide considerable growth in the market during the forecast period. For instance, in June 2021, NEC Corp. has begun sales of the "NEC Intelligent Optical Fiber Sensing Solution," which allows communications service providers and optical fiber owners across the globe to utilize optical fiber as a sensor. This solution by using AI detects vibrations enabling the detection of abnormalities, such as fiber damage, and helping to prevent future damages. Additionally, this sensing device is attached to one end of the optical fiber and helps to detect vibrations and external conditions that may cause an abnormality. Furthermore, it also offers a mapping function that aids in accurately displaying location information, such as the latitude and longitude of a fiber section To Request a Sample of our Report on Distributed Fiber Optic Sensor Market https://www.omrglobal.com/request-sample/distributed-fiber-optic-sensor-market In May 2021, Halliburton Co. and TGS-NOPEC Geophysical ASA collaborated to bring advanced seismic imaging to fiber optic sensing. The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. The Halliburton FiberVSP and Odassea distributed acoustic sensing solutions will incorporate TGS’s seismic imaging workflows that process the entire seismic wavefield to generate high-resolution reservoir images. A full Report of Distributed Fiber Optic Sensor Market https://www.omrglobal.com/industry-reports/distributed-fiber-optic-sensor-market Market Coverage    The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered-    By Fiber Type By Application By End-Users Regions Covered-      North America Europe Asia-Pacific Rest of the World Competitive Landscape- including AP Sensing GmBH, Corning Inc., Luna Innovations Inc., Optromix, Inc., Silixa Ltd., Solifos AG, Viavi Solutions, Inc., and others. Key questions addressed by the report       What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? Global Distributed Fiber Optic Sensor Market Report Segment By Fiber Type   Single Mode Multi-Mode By Application      Strain Sensing Temperature Sensing Acoustic/Vibration sensing Pressure Sensing Others By End-Users      Oil & Gas Power and Utility Safety & Security Industrial Civil Engineering For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/distributed-fiber-optic-sensor-market

2. About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404