DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Distributed Temperature Sensing (DTS) Market by Fiber Type, Operating Principle and Application - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.
The global distributed temperature sensing (DTS) market was valued at $486 million in 2015, and is expected to reach $819 billion by 2022, growing at a CAGR of 7.9% from 2016 to 2022.
Distributed temperature sensing (DTS) is a real-time temperature measurement technique that provides continuous monitoring for the entire length of the cable covering all the critical measurement points. A DTS system was mainly developed for the oil & gas industry to assist reservoir engineers in optimizing the monitoring techniques. The growth of DTS market is attributed to the increase in safety norms and supportive government policies across different regions.
Furthermore, high demand from oil & gas applications coupled with high reliability and wide coverage of DTS systems is expected to fuel the market growth significantly. However, technical awareness about sensor cables and high implementation costs may have an adverse effect on the growth of this market. Increasing subsea operations in the oil & gas industry provide numerous growth opportunities to the DTS market.
- STMicroelectronics N.V.
- NXP semiconductors N.V.
- Infineon Technologies AG
- Qualcomm Technologies, Inc.
- Atmel Corporation
- Texas instruments Inc.
- Robert Bosch GmbH
- Johnson controls international PLC
- Sony Corporation
Honeywell International, Inc.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Distributed Temperature Sensing Market, By Fiber Type
Chapter 5 Distributed Temperature Sensing Market, By Operating Principle
Chapter 6 Distributed Temperature Sensing Market, By Application
Chapter 7 Dts Market, By Geography
Chapter 8 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/mg39wj/distributed