Distributed Fiber Optic Sensor Market Growth Driven by Oil and Gas Industry Demand
Distributed Fiber Optic Sensor Market Growth & Trends The global distributed fiber optic sensor market size is expected to reach USD 2.53 billion by 2030, expanding at a CAGR of 6.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global industry is expected to grow exponentially over the forecast period. Factors, such as significant demand from the civil engineering vertical and rising adoption in the oil & gas sector, substantially boost the adoption of distributed fiber optic sensor (DFOS). Fiber optics can withstand rough handling, such as in pipes, streams, and reactors, where manual inspection is not feasible. Furthermore, they help in structural health monitoring at dangerous workplaces and can also be used for border security purposes to prevent intrusion. Access the Distributed Fiber Optic Sensor Market Size, Share & Trends Analysis Report By Application, By Technology (Rayleigh Effect, Brillouin Scattering), By Vertical (...