Growth Accelerated by Increased Digitalization in Critical Infrastructure Sectors
Distributed fiber optic sensors are optical-based sensors capable of real-time monitoring of temperature, pressure, vibration, acoustic waves, and strain over extended distances with high spatial resolution. They find applications in oil & gas, power and utility, safety and security, civil engineering, and health sectors for monitoring of pipelines, power cables, structures, perimeters, and humans. Their ability to make networks of many sensing points along an optical fiber with no need for wires between sensors allows monitoring of critical infrastructure over long distances. The global Distributed Fiber Optic Sensor Market is estimated to be valued at US$ 3237.27 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increased digitalization initiatives in critical infrastructure sectors such as oil & gas, power, and utilities have been a key tren...