DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gfjw8j/2015_photonic) has announced the addition of the "2015 Photonic Sensor Consortium Market Survey Report" report to their offering.
The distributed fiber optic sensor market stood at $585 million in 2013 and is projected to approach $1.05 billion in 2019. The sudden and unexpected drop in oil prices will negatively impact the market. However, the military market segment is showing signs of growing more rapidly. According to the updated and revised market survey report conducted by the Photonic Sensor Consortium, the long term picture is still optimistic, but a short term contraction is likely.
The Photonics Sensor Consortium in conjunction with Light Wave Venture was started in 2003 as an independent organization to assist in the market development and commercialization of photonic sensor technology. The primary focus has been on distributed fiber optic sensors. Over the last 12 years, the Consortium has tracked the market and provided overall projections and market analysis for active participants. This report is the first to be available to the general photonics industry.
There are several characteristic advantages of fiber optics that make their use especially attractive for sensors:
- Nonelectrical
- Explosion-proof
- Small size and weight
- Allow access into normally inaccessible areas and harsh environments
- Immune to radio frequency interference (RFI) and electro-magnetic interference (EMI)
- Solid-state reliability
- High accuracy
- Can facilitate distributed sensing
Key Topics Covered:
- Reason for Update
- Photonic Sensor Consortium Background
- Survey Overview
- Survey Response
- Distributed Fiber Optic Sensor Market Update
- What Happened to the Market?
- Summary and Conclusions
- Several factors have impacted the distributed fiber optic sensor market growth.
- Profiles of Select Distributed Fiber Optic Sensor Companies
- Acquisitions
- Technology Overview
Companies Mentioned
- 4DSP
- Baker Hughes
- CGGVeritas
- Fiber SenSys
- FISO Technologies
- Fotech
- IFOS
- Intelligent Optical Systems
- Halliburton
- LIOS Technology
- Luna
- Micron Optics
- Northrop Grumman
- NP Photonics
- Opsens
- Optiphase
- OZ Optics
- Petrospec Engineering
- PGS
- QinetiQ
- Schlumberger
- Sensornet
- Silixa
- Smartec (Roctest Group)
- TGS
- US Seismic Systems, Inc. (USSI)
- Weatherford
- Zeibel
For more information visit http://www.researchandmarkets.com/research/gfjw8j/2015_photonic
