PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449438
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449438
Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market Share, Size, Trends, Industry Analysis Report, By Type (Distributed Temperature Sensing, Distributed Acoustic Sensing), By Region, And Segment Forecasts, 2024 - 2032
The global distributed fiber optic sensor in oil and gas market size is expected to reach USD 870.92 million by 2032, according to a new study by Polaris Market Research. The report "Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market Share, Size, Trends, Industry Analysis Report, By Type (Distributed Temperature Sensing, Distributed Acoustic Sensing), By Region, And Segment Forecasts, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The oil and gas sector is progressively embracing automation and digitalization to enhance operational efficiency and minimize expenses. Permanent installations may integrate state-of-the-art sensors, data analytics, and machine learning algorithms to streamline operations. Additionally, the ongoing expansion of shale reserves, notably in the Permian Basin (spanning Texas & New Mexico) and the Bakken Formation (situated in North Dakota & Montana), is bolstering market expansion. Innovations in hydraulic fracturing (fracking) techniques are fueling heightened production levels.
In the oil and gas industry, distributed fiber optic sensor technology plays a crucial role in monitoring various aspects such as production, identifying producing zones, and evaluating fracture performance. Temperature changes along the wellbore are monitored to track production levels accurately. Moreover, fiber optic sensors find application in enhancing the efficiency of steam injection processes like steam-assisted gravity drainage (SAGD) and cyclic steam stimulation. Hence, the adoption of distributed fiber optic sensor technologies in the oil and gas sector drives this segment forward.
Progress in technology fosters innovation, leading to the development of sophisticated tools and systems. These sensors leverage advancements in fiber optics and sensing technologies to revolutionize safety and monitoring practices within the industry. They provide real-time, precise, & continuous monitoring of critical infrastructure, pipelines, and equipment, thereby enhancing operational efficiency & reducing costs.
Advanced drilling techniques, automation, and data analytics to optimize exploration, extraction, & production processes in the oil & gas sector. Integrating AI-driven predictive maintenance systems, empowered by DFOS, enables early anomaly detection, minimizing downtime & operational costs through proactive maintenance measures.
Furthermore, these analytics streamline production processes by pinpointing inefficiencies, enabling proactive maintenance, and optimizing operational workflows. This data-centric approach empowers the industry to make informed, strategic decisions that improve efficiency, mitigate risks, and foster sustainable growth. Additionally, governments worldwide are making substantial investments in technology advancements within the industry. For instance, the Canadian government pledged a USD 10 Mn investment in the University of Alberta's research on fiber optic sensing, including DFOS. This investment aims to expedite the development and commercialization of DFOS technology, particularly focusing on its integration within the oil and gas sector.
DFOS in Oil & Gas Market Report Highlights
DTS segment held the largest share, owing to the rising necessity to safeguard oil & gas infrastructure, including pipelines, power grids, storage wells, & tankers
The DAS segment will grow at a rapid pace to monitor and control pipeline systems and reservoir monitoring
North America dominated the largest share, primarily due to rise in the adoption of advanced technologies
The global players include AP Sensing, Bandweaver, Brugg Kable, Halliburton, Luna Innovations, OFS Fitel, Omnisens, Sensornet Ltd., SLB, and Yokogawa Electric.
Polaris Market Research has segmented the DFOS in oil and gas market report based on type, and region:
Distributed Fiber Optic Sensor in Oil and Gas, Type Outlook (Revenue - USD Million, 2019- 2032)
- Distributed Temperature Sensing (DTS)
- Distributed Acoustic Sensing (DAS)
- Others
Distributed Fiber Optic Sensor in Oil and Gas, Regional Outlook (Revenue - USD Million, 2019- 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market Insights
- 4.1. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Industry Snapshot
- 4.2. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Cost savings through remote monitoring
- 4.2.1.2. Real time surveillance
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Stringent regulations and compliances
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Value Chain Analysis
- 4.6. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Industry trends
- 4.7. COVID-19 Impact Analysis
5. Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 5.3. Distributed Temperature Sensing (DTS)
- 5.3.1. Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Distributed Temperature Sensing (DTS), by Region, 2019-2032 (USD Million)
- 5.4. Distributed Acoustic Sensing (DAS)
- 5.4.1. Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Distributed Acoustic Sensing (DAS), by Region, 2019-2032 (USD Million)
- 5.5. Others
- 5.5.1. Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Others, by Region, 2019-2032 (USD Million)
6. Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Geography
- 6.1. Key findings
- 6.2. Introduction
- 6.2.1. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market Assessment, By Geography, 2019-2032 (USD Million)
- 6.3. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - North America
- 6.3.1. North America: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.3.2. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - U.S.
- 6.3.2.1. U.S.: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.3.3. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Canada
- 6.3.3.1. Canada: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.4. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Europe
- 6.4.1. Europe: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.4.2. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - UK
- 6.4.2.1. UK: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.4.3. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - France
- 6.4.3.1. France: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.4.4. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Germany
- 6.4.4.1. Germany: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.4.5. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Italy
- 6.4.5.1. Italy: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.4.6. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Spain
- 6.4.6.1. Spain: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.4.7. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Netherlands
- 6.4.7.1. Netherlands: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.4.8. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Austria
- 6.4.8.1. Austria: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.5. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Asia Pacific
- 6.5.1. Asia Pacific: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.5.2. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - China
- 6.5.2.1. China: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.5.3. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - India
- 6.5.3.1. India: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.5.4. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Malaysia
- 6.5.4.1. Malaysia: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.5.5. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Japan
- 6.5.5.1. Japan: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.5.6. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Indonesia
- 6.5.6.1. Indonesia: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.5.7. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - South Korea
- 6.5.7.1. South Korea: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.6. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Middle East & Africa
- 6.6.1. Middle East & Africa: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.6.2. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Saudi Arabia
- 6.6.2.1. Saudi Arabia: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.6.3. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - UAE
- 6.6.3.1. UAE: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.6.4. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Israel
- 6.6.4.1. Israel: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.6.5. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - South Africa
- 6.6.5.1. South Africa: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.7. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Latin America
- 6.7.1. Latin America: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.7.2. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Mexico
- 6.7.2.1. Mexico: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.7.3. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Brazil
- 6.7.3.1. Brazil: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- 6.7.4. Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market - Argentina
- 6.7.4.1. Argentina: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
7. Competitive Landscape
- 7.1. Expansion and Acquisition Analysis
- 7.1.1. Expansion
- 7.1.2. Acquisitions
- 7.2. Partnerships/Collaborations/Agreements/Exhibitions
8. Company Profiles
- 8.1. AP Sensing
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Recent Development
- 8.2. Bandweaver
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Recent Development
- 8.3. Brugg Kable AG
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Recent Development
- 8.4. Halliburton
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Recent Development
- 8.5. Luna Innovations Inc.
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Development
- 8.6. OFS Fitel, LLC
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Recent Development
- 8.7. Omnisens SA
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Recent Development
- 8.8. Sensornet Ltd.
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Recent Development
- 8.9. SLB
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Recent Development
- 8.10. Yokogawa Electric Corporation
- 8.10.1. Company Overview
- 8.10.2. Financial Performance
- 8.10.3. Product Benchmarking
- 8.10.4. Recent Development
List of Tables
- Table 1 Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 2 Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market Assessment, By Geography, 2019-2032 (USD Million)
- Table 3 North America: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 4 U.S.: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 5 Canada: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 6 Canada: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 7 Europe: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 8 Spain: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 9 Netherlands: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 10 Austria: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 11 Germany: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 12 Italy: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 13 France: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 14 Asia Pacific: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 15 China: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 16 Japan: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 17 India: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 18 Indonesia: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 19 South Korea: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 20 Malaysia: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 21 Latin America: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 22 Brazil: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 23 Mexico: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 24 Argentina: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 25 Middle East & Africa: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 26 South Africa: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 27 Israel: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 28 Saudi Arabia: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
- Table 29 UAE: Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2019-2032 (USD Million)
List of Figures
- Figure 1 Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, 2019-2032 (USD Million)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Type
- Figure 7 Global Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market, by Type, 2022 & 2032 (USD Million)
- Figure 8 Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market Assessment, By Geography, 2019-2032 (USD Million)
- Figure 9 Strategic Analysis - Distributed Fiber Optic Sensor (DFOS) in Oil & Gas Market
