Aug 17, 2020   SOURCE: BusinessWire

Global Distributed Temperature Sensing Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

The "Distributed Temperature Sensing (DTS) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 8th edition of this report. The 273-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Distributed Temperature Sensing (DTS) Market to Reach $980.6 Million by 2027

Amid the COVID-19 crisis, the global market for Distributed Temperature Sensing (DTS) estimated at US$631 Million in the year 2020, is projected to reach a revised size of US$980.6 Million by 2027, growing at aCAGR of 6.5% over the period 2020-2027.

Optical Time Domain Reflectometry (OTDR), one of the segments analyzed in the report, is projected to record 7% CAGR and reach US$675.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Optical Frequency Domain Reflectometry (OFDR) segment is readjusted to a revised 5.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $170.7 Million, While China is Forecast to Grow at 10% CAGR

The Distributed Temperature Sensing (DTS) market in the U.S. is estimated at US$170.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$213.2 Million by the year 2027 trailing a CAGR of 10% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Competitors identified in this market include, among others:

  • Ap Sensing GmbH
  • Bandweaver
  • Furukawa Electric Co., Ltd.
  • GESO GmbH & Co. Projekt KG
  • Halliburton
  • Lios Technology GmbH
  • Omicron Electronics GmbH
  • Omnisens SA
  • Schlumberger Ltd.
  • Sensornet Ltd.
  • Sumitomo Electric Industries Ltd.
  • Tendeka
  • Weatherford International Ltd.
  • Yokogawa Electric Corporation

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Distributed Temperature Sensing (DTS) Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 42

For more information about this report visit https://www.researchandmarkets.com/r/6cm7o