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#Fiber Optic Pressure Sensors Market Insights
blueweave · 4 months
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Distributed Fiber Optic Sensor Market size at USD 1.44 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Global Distributed Fiber Optic Sensor Market size to expand at a CAGR of 7.13% reaching a value of USD 2.08 billion by 2030. The Global Distributed Fiber Optic Sensor Market is propelled by the growing demand for efficient monitoring of machine systems in enterprises. Optical sensing technologies are being widely adopted across industries, such as automotive, aerospace, civil engineering, and energy, with Raman and Rayleigh effect-based sensing offering unique operational benefits. The oil & gas sector is experiencing rapid digitization and automation to meet the rising needs for productivity, efficiency, and safety. This trend is driven by increased offshore drilling activities and significant investments in new oil & gas reserves. Distributed temperature sensing is critical for downhole monitoring in offshore operations, aiding in flow control and production optimization by detecting issues like sand in downhole and assessing gas lift valve operations. This technology enhances production assessment and reduces losses in oil and gas production. Similarly, in civil engineering, the use of Distributed Fiber Optic Sensors (DFOS) is growing, primarily for structural health monitoring. These sensors are deployed in geotechnical structures, pipelines, bridges, and dams to better understand structural conditions and manage infrastructure efficiently. Next-generation sensors offer significant advantages by measuring strain, temperature, or pressure over numerous locations simultaneously, allowing real-time tracking of structural malfunctions in challenging environments. Hence, such trends are expected to boost the expansion of the Global Distributed Fiber Optic Sensor Market during the period in analysis.
Opportunity - Advancements in data analytics
The integration of artificial intelligence (AI) and machine learning (ML) technologies with distributed fiber optic sensors is revolutionizing data analytics and predictive maintenance. These advancements enable the analysis of voluminous sensor data to identify patterns and anomalies, optimizing operations and minimizing downtime. AI and ML algorithms, processing data in real-time, swiftly detect deviations from normal conditions, facilitating proactive maintenance interventions. Moreover, historical data analysis offers predictive insights, aiding in anticipating maintenance requirements and optimizing resource allocation. This synergy between distributed fiber optic sensors and advanced analytics empowers industries to enhance efficiency, improve asset performance, and mitigate risks effectively.
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pharmanucleus1 · 8 months
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Global Disposable Medical Sensors Market Insights : Revolutionizing Healthcare
The global disposable medical sensors market was valued at USD 9.52 billion in 2022 and is projected to grow at a CAGR of 18.45% from 2023 to 2030. This growth can be attributed to technological advancements, increasing demand for health data tracking, and the need for low-cost medical devices. The rising prevalence of chronic diseases worldwide is expected to drive the demand for disposable medical sensors. According to a report by Front. Public Health in 2020, chronic non-communicable diseases (NCDs) accounted for approximately 80% of mortality among Chinese adults aged 60, with Ischemic heart disease, stroke, Chronic Obstructive Pulmonary Disease (COPD), and Type 2 diabetes being the most common conditions. The growing adoption of disposable medical sensors in healthcare settings is likely to contribute to the market's expansion in the coming years. 
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Market Insights: 
In the global disposable medical sensors market, the diagnostic segment led the market in 2022, accounting for over 39.38% of the global revenue. Disposable medical sensors are widely used in diagnostic devices such as surgical tools, endoscopy equipment, spirometry devices, and medical imaging devices, enhancing their capabilities and enabling early disease detection. Advanced sensors, such as carbon nanotube-based biosensors, are being used to detect microorganisms like S. aureus and E. coli, providing faster and more accurate results at a lower cost. The integration of wireless communication and biosensors is creating growth opportunities in the diagnostic field. 
The increasing prevalence of chronic diseases and the demand for diagnostics are driving the adoption of disposable medical sensors. Diagnostic devices are crucial for monitoring symptoms and signs of chronic diseases like diabetes. Companies are developing innovative solutions to improve diagnostic capabilities, such as portable genetic material amplification systems for point-of-care molecular diagnostic detection. The patient monitoring segment is expected to have the highest compound annual growth rate (CAGR) during the forecast period. Medical sensors are utilized in patient monitoring devices like pulse oximeters and blood pressure monitors. Advancements in technology and product launches, such as next-generation monitoring biosensors by Philips, contribute to improved quality of care. 
The demand for disposable medical sensors is projected to increase due to their various advantages, leading to a rise in R&D investments and collaborations between companies. For example, Rockley Photonics Holdings Limited and Medtronic are collaborating to implement Medtronic's solutions with Rockley's Bioptx biomarker sensing technology in healthcare settings. This collaboration aims to provide real-time, non-invasive monitoring of individuals' well-being and health, enabling proactive healthcare and personalized care based on actionable data. Such initiatives are expected to drive the growth of the patient monitoring segment in the near future. 
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Product Insights: 
In 2022, the biosensors segment held the largest market share, accounting for over 49.70% of the market. Biosensors are sensors designed to detect analytes by collecting biological components and utilizing a physiochemical detector. The signals from the analyte are detected, measured, and displayed on the device through associated electronics. Various types of biosensors are used, including electronic, amperometric, blood glucose, potentiometric, conduct metric, thermometric, optical, fiber optic lactate, immune, and piezoelectric biosensors. Biosensors have applications in patient monitoring and diagnostics, and the increasing demand for rapid and accurate diagnostic kits is driving the growth of biosensors. Innovations in biosensor technology are expected to lead to the development of advanced biosensors for faster diagnosis in the future. 
The image sensors segment is projected to have the highest compound annual growth rate (CAGR) during the forecast period. Image sensors convert light waves into signals to create images and find extensive use in diagnostic devices such as endoscopy equipment and electronic imaging devices. There are two types of image sensors: charge-coupled devices (CCD) and complementary metal oxide semiconductors (CMOS). CMOS image sensors are more commonly used due to their lower power consumption and faster diagnostic speed. They are primarily utilized in x-ray imaging, minimally invasive surgery, endoscopy, and ocular surgery. Technological advancements and the demand for higher resolution are expected to drive market growth in the image sensors segment.
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Market Segmentation: 
The strip sensors segment held the largest market share in 2022, accounting for over 38.76% of the market. Strip sensors are primarily used in blood glucose monitoring, disease testing, and magnetic nanoparticles. Their dominance in the market is attributed to increasing demand and their widespread usage in diagnostic applications. Strip sensors offer the advantage of faster results, which contributes to their popularity. Furthermore, the market is driven by the growing demand for self-diagnosis and home-based medical devices. 
The ingestible sensors segment is projected to have the highest compound annual growth rate (CAGR) during the forecast period. Ingestible sensors are small chips enclosed in capsules that are swallowed, allowing for detection of any abnormalities in the body and transmission of the data to an external device. These sensors find applications in endoscopy, controlled drug delivery, and patient monitoring. The rising prevalence of chronic diseases and the need for invasive diagnostic testing are driving the growth of ingestible sensors. Additionally, the accuracy of results obtained through ingestible sensors further fuels their demand in the market. 
Due to the various advantages of ingestible sensors, the demand for these devices is anticipated to increase during the forecast period. Increasing R&D investments and collaborations between companies are also expected to propel market growth. In July 2021, according to Medtronic plc, the FDA cleared the use of two LINQ II insertable cardiac monitors with the AI AccuRhythm algorithms. When the AI AccuRhythm algorithms are made accessible on the CareLink Network later this year, all LINQ II implants in the U.S will be able to use them. 
Regional Analysis: 
North America dominated the global disposable medical sensors market in 2022, holding the largest revenue share of over 41.18%. This can be attributed to several factors, including the region's well-established healthcare infrastructure, high healthcare spending, the presence of monopolistic market players, and the rapid adoption of cutting-edge technologies. The market in North America is highly developed and is expected to be driven by the increasing uptake of patient monitoring and homecare devices for routine, ongoing, and long-term patient monitoring, which helps reduce the frequency of hospital visits. 
Favorable reimbursement policies are expected to further fuel market expansion in North America. Additionally, the rising prevalence of lifestyle-related health issues, accidents, and sports injuries contribute to the growth potential in the region. The increasing use of mobile surgery centers and the demand for effective emergency care are also anticipated to boost the market during the forecast period. Moreover, the COVID-19 pandemic has highlighted the importance of disposable medical sensors in enabling remote patient monitoring and care at home, leading to increased adoption of these devices. 
The Asia-Pacific region is projected to experience the fastest growth in the global disposable medical sensors market during the forecast period. The region witnesses a significant demand for disposable medical sensor equipment due to the increasing prevalence of cardiac disorders, particularly in countries like China and India, which also have high diabetes rates. The rising burden of diabetes in the region is driving the demand for home-based disposable medical sensors, creating new market opportunities. Additionally, the presence of major companies in the disposable medical sensors market further contributes to the region's market share and growth potential. 
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anyawinget · 1 year
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Europe Fiber Optic Sensor Market Competitive Analysis, Developments, and Growth Outlook 2021-2028
“The Europe fiber optic sensor market is projected to reach US$ 1,512.6 million by 2028 from US$ 757.9 million in 2021; it is anticipated to grow at a CAGR of 10.4% from 2021 to 2028.”
The Europe Fiber Optic Sensor Market forecast 2028 report analyses the present and future competitive scenario of the analytics industry. Europe Fiber Optic Sensor Market report offers an in-depth analysis of segments including top companies, products, applications, revenue, and regions. A number of topics including likewise market share, drivers, trends, and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market, a with focus on leading key players’ areas that have witnessed the highest demand, leading regions, and applications.
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The report covers an in-depth analysis of the key market players within the market
• Omnisens SA • Solifos AG • Baumer Holding AG • Keyence Corporation • OMRON Corporation • Luna Innovations Inc. • SICK AG • Yokogawa Electric Corporation
In this report, the market has been segmented on the basis of:
Europe Fiber Optic Sensor Market by Types:
• Oil & Gas • Manufacturing • Infrastructure • Power and Utilities • Others
Europe Fiber Optic Sensor Market by Applications:
• Temperature Sensing • Pressure Sensing • Acoustic Sensing • Strain Sensing • Others
Market Analysis and Insights: Europe Fiber Optic Sensor Market
Europe Fiber Optic Sensor Market report elaborates on the market size, market characteristics, and market growth of the Europe Fiber Optic Sensor industry, and breaks it down according to the type, application, and consumption space of Europe Fiber Optic Sensors. The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers in the industry.
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rubydobson12 · 1 year
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The distributed acoustic sensing industry is projected to grow to a market value of $2.22 billion by 2033
The distributed acoustic sensing market is projected to generate a revenue of $2,283.1 million by the end of 2033, from a value of $632.1 million in 2022. Growing at a 12.5% ​​CAGR.
A single optical fiber is used as a sensor in Distributed Acoustic Sensing (DAS) technology to detect and inspect acoustic waves along their entire length. It is a passive, non-intrusive and highly accurate way to track and measure various physical phenomena such as temperature, sound and vibration.
Recent Trends in the Distributed Acoustic Sensing Market
Distributed Acoustic Sensing (DAS) is a technology that uses fiber optic cables to detect and locate acoustic signals, making it a useful tool for a wide range of applications such as oil and gas exploration, pipeline monitoring, and structural condition monitoring. In recent years, there have been several trends in the DAS market worth noting.
Growing DAS Adoption in the Oil and Gas Industry: The oil and gas industry is the largest market for DAS technology and is seeing increasing adoption of DAS systems for well monitoring, hydraulic fracturing and pipeline monitoring. DAS technology's ability to detect and locate acoustic signals along the entire length of a fiber optic cable provides valuable insight into the performance and integrity of oil and gas infrastructure.
Growing Demand for DAS in Infrastructure Monitoring: DAS technology is also increasingly used for monitoring critical infrastructure such as bridges, tunnels and dams. DAS systems can detect changes in vibration and strain along fiber optic cables, providing early warning of potential structural damage.
Advances in DAS Technology: Significant advances have been made in DAS technology, particularly in the development of new signal processing algorithms and software tools that improve the accuracy and resolution of DAS measurements. There is also a trend towards the development of hybrid DAS systems that combine acoustic sensing with other sensing modalities such as temperature, pressure and strain.
Growing use of DAS for security applications: DAS technology is finding new applications in the security field, especially in perimeter and border monitoring. DAS systems can detect and locate intrusions along the entire length of a fiber optic cable, providing a high level of situational awareness.
Overall, the DAS market is expected to continue growing in the coming years owing to increasing demand from new applications in the oil and gas industry, infrastructure monitoring applications, and security sectors.
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market-insider · 2 years
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Distributed Fiber Optic Sensors (DFOS) Market Expected To Grow Exponentially Over The Forecast Period
The global distributed fiber optic sensor market size is expected to reach USD 2,533.5 million by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 7.3% from 2022 to 2030.
The distributed fiber optic sensors (DFOS) market is expected to grow exponentially over the forecast period globally. 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 sensors. 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. Thus, its capability to work in a challenging environment is another factor propelling the market growth.
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Increasing demand for sophisticated infrastructure and rising per capita income are predicted to lead to industrial automation, urban mobility, and growth in high-end residential projects. Various governments are focusing on conserving their prevailing infrastructure and developing new ones. They are under constant pressure to provide the necessary infrastructure, amenities, and connectivity to people. This has enabled increased spending on projects such as roads, railways, and dams. This rapid growth in the advanced civil engineering vertical is expected to boost the distributed fiber optic sensing market.
The rapid acceptance of DFOS has promoted manufacturers and suppliers to increase R&D expenditure to offer better products to their customers. Service providers are trying to regulate efficiencies and optimize their production process to capture maximum market share and eliminate all other substitutes of the fiber optics technology. The high production & installation price of DFOS products is promoting manufacturers to develop more competitively priced and reliable optic inspection products. Technological complexities, along with other challenges raise the price of deploying fiber optics which further hamper market growth opportunities.
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reportsandmarkets · 5 years
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Global Fiber Optic Pressure Sensors Market 2019-2024 | Top key players are FISO Technologies,Honeywell,Infineon Technologies,NXP Semiconductors,Omron,Opsens,Panasonic,Bosch,STMicroelectronics
Global Fiber Optic Pressure Sensors Market Professional Survey Report 2019
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Fiber Optic Pressure Sensors market analysis is provided for the international market including development history, competitive landscape analysis, and major regions.
The Global Fiber…
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kingsr22 · 2 years
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Aerospace Fiber Optic Sensors Market Growth factor, Market size, Market Trends Industry Forecast to 2021-2027
A significant Aerospace Fiber Optic Sensors market research study helps in planning by providing accurate and state-of-the-art information about the consumer’s demands, preferences, attitudes and their changing tastes about the specific product. It estimates the market share and possible sales volume of a client company. The industry report makes familiar with the types of consumers, their views about the product, their buying intentions and their ideas for the step up of a product. Moreover, Aerospace Fiber Optic Sensors market analysis report discovers the better and new methods to distribute the products to consumers and also recognizes the extent of the marketing problems.
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Key Players-
* Micron
* Opsens Industrial
* Honeywell
* Omron
* FISO Technologies Inc.
* Proximion AB
 A trustworthy Global Aerospace Fiber Optic Sensors market research report guides the manufacturer about planning of advertising and sales promotion efforts thereby making it more effective. It not only restrains the risks of ambiguity but also assists in taking sound decisions. Furthermore, the market report helps keep hold of reputation of the firm and its products. Whether it is about the product, customer, competitor or marketing strategy, market research analysis report helps drive the business in a right direction. To gain competitive advantage and to thrive in the market, go for Aerospace Fiber Optic Sensors market report.
For product type segment, this report listed main product type of Aerospace Fiber Optic Sensors market in global and china.
* Temperature Sensor
* Pressure sensors
* Strain Sensor
* Others
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Health monitoring for airframes
* Health monitoring engines
* Health monitoring external environment
 Globalization makes it clear that market research report hold an immense importance for the growth of many businesses. The wide ranging Aerospace Fiber Optic Sensors market document proves to be true in this regard and is designed in a way that is anticipated. It’s the demand or necessity of today’s business to do market research analysis before taking any verdict about the products. This is the transparent market report which has been structured with authentic tools and techniques. The market research analysis conducted in the winning Aerospace Fiber Optic Sensors market report helps improve product and also decide about the necessary changes to the future products.
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briefmarketshare · 3 years
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Comprehensive Report on Aerospace Fiber Optic Sensors Market 2021 | Size, Growth, Demand, Opportunities & Forecast To 2027
The recently Published Report titled Comprehensive Report on Aerospace Fiber Optic Sensors Market 2021 | Size, Growth, Demand, Opportunities & Forecast To 2027 by Axel Reports offers a comprehensive picture of the market from the global view point as well as a descriptive analysis with detailed segmentation, complete research and development history, latest news, offering a forecast and statistic in terms of revenue during the forecast period from 2021-2027. The report covers a comprehensive analysis of key segments, recent trends, competitive landscape, and key factors playing a substantial role in the market are detailed in the report. The report helps vendors and manufacturers to understand the change in the market dynamics over the years.
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By Market Players: Micron Technobis Omron Opsens Industrial Technica Optical Components Honeywell IFOS Proximion AB FISO Technologies Inc. Smart Fibres By Type: Temperature Sensor Pressure sensors Strain Sensor Others By Application: Health monitoring for airframes Health monitoring engines Health monitoring external environment
NOTE: Consumer behaviour has changed within all sectors of the society amid the COVID-19 pandemic. Industries on the other hand will have to restructure their strategies in order to adjust with the changing market requirements. This report offers you an analysis of the COVID-19 impact on the Aerospace Fiber Optic Sensors market and will help you in strategising your business as per the new industry norms.
Report offers: 1. Insights into the intact market structure, scope, profitability, and potential. 2. Precise assessment of market size, share, demand, and sales volume. 3. Authentic estimations for revenue generation and Aerospace Fiber Optic Sensors Market development. 4. Thorough study of Aerospace Fiber Optic Sensors Market companies including organizational and financial status. 5. Perception of crucial market segments including, forecast study. 6. Acumen of upcoming opportunities and potential threats and risks in the market.
The report diversifies the global geographical expanse of the market into five prominent regions as:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key Elements Discussed In The Report: The report then discusses important dynamics on the business drivers that have a major impact on the performance are given in the report. The business drivers are important to the business operations and financial results of the industry. All the drivers are determined in the research study using market analysis. The report is comprehensive coverage of the existing and potential markets along with their assessment of their competitive position in the changing market scenario. It scrutinizes in-depth global market trends and outlook coupled with the factors driving the global Aerospace Fiber Optic Sensors market, as well as those hindering it.
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Moreover, the report throws light on the pinpoint analysis of global Aerospace Fiber Optic Sensors market dynamics. It also measures the sustainable trends and platforms which are the basic roots behind the market growth. With the help of SWOT and Porter’s five analysis, the market has been deeply analyzed. Consumer behavior is assessed with respect to current and upcoming trends. The report takes a detailed note of the major industrial events in past years. These events include several operational business decisions, innovations, mergers, collaborations, major investments, etc.
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maheshs7793 · 3 years
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How Impacted COVID-19 on Perimeter Security ?
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COVID-19 Impact on Perimeter Security in Information and Technology Industry
ANALYSIS ON IMPACT OF COVID-19 ON THE MARKET
The pandemic started with its epicenter in China in 2019 and has been continuously spreading worldwide; so far 219 countries and territories have been affected by COVID-19. Moreover, the World Health Organization (WHO) declared the COVID-19 outbreak a pandemic on March 11, 2020. Covid-19 has adversely affected the economy globally, leading to the global recession. Many companies were being bound to take stringent actions of laying off their employees, small businesses are being shut and manufacturing facilities are being put on hold. There has been a disruption in the supply chain of many industries due to restrictions in logistics and the closing of manufacturing facilities. In addition, the slowdown in the economy has lowered the spending capability of individuals and people are saving money for emergencies.
The global perimeter security market has noted an increase in the demand, due to factors such as severe pressure on many businesses, resulting in temporarily shut down or closure of businesses. Hence, there is a high demand for a commercial surveillance system, to keep an eye on suspicious activity and remotely access and review what is happening at the site. Moreover, due to the pandemic, the reliance on homeland security, emergency services, law enforcement agencies, and critical infrastructure companies has amplified significantly, which is contributing towards the implementation of perimeter security solutions to provide necessary services to consumers.
AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVE TO BOOST THE MARKET
COVID-19 outbreak has affected the individuals and markets' behavior, which has further impacted economies and societies. The companies that want to recover from this pandemic crisis would need to be digitally stable, understand the customer needs, and respond to the rapidly changing market.
Perimeter security has become more important now and has also become an area of concern during the pandemic, as individuals and organizations want to secure their premises, resulting in an uptrend of external security sensors. Although people are working from home right now, still there has been increased need for securing of premises. In addition, end-users and other stakeholders are focusing on saving costs by potentially leveraging new functionality in their current security infrastructure. There can be actionable insights that enhance security and also support safeguarding public health. For instance:
·         Integration of video security solutions with artificial intelligence such as video analytics, to further help operators to detect relevant objects
·         Ability to identify individuals with high skin temperature in manufacturing buildings, warehouses, airports, and more
There has been a wide market for perimeter security solutions, including aerospace and defense, healthcare, manufacturing, industrial, retail and e-commerce, and others. The E-commerce industry has witnessed immense growth, which further increases the importance of warehouses and the need for perimeters to be secure. Additionally, the pandemic has forced organizations to shift toward digital transformation, resulting in high demand for broadband and an increase in the number of data centers. Hence, telecommunication and other companies are also investing in security stations, due to an increase in the amount of data.
STRATEGIC DECISIONS OF MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE
As the COVID-19 crisis continues to expand, manufacturers faced challenges on varied fronts. Producing firms would be searching for immediate measures and solutions to stay their workforces safe and their businesses to be continued. Makers would conjointly have to be compelled to make sure of their economic viability. Because the COVID-19 pandemic intensifies all over the world, makers would possibly face huge pressure on demand, supply, production, profits, and revenues.
The pandemic has boosted the growth of the perimeter security market. Manufacturers of perimeter security solutions are focusing on integrating new technologies in perimeter security solutions, which promotes COVID-19 norms and boost sales. Manufacturers were engaged in product development with advanced technologies, partnerships, and collaborations to gain a competitive advantage in the market.
·         In June 2020, Senstar Corporation introduced new enhancements in the FiberPatol FP1150 fiber-optic intrusion detection sensor. It includes an extended detection range, support for a variety of deployment applications, simplified per-meter licensing, upgraded processing specifications (CPU, memory), and software support for redundant sensor units, and sensor unit versions for backward compatibility. FP1150 can now detect intrusions up to 80 km per processor for the fence, wall-top, and buried applications, and up to 100 km for pipeline and data conduit third-party interference (TPI) detection.
·         In May 2021, Heras launched next-generation perimeter intrusion detection systems (PIDs), to provide greater levels of perimeter protection, for specific sites such as distribution centers and warehouses, with high-value stocking. It includes genomic and GeoPoint systems, which use discreet microphonic sensor cable (alpha) that listens for sounds and utilizes multiple sensors that are distributed along the fence line to detect movement and vibration.
IMPACT ON PRICE
The COVID-19 lockdown imposed by the government of the countries has resulted in increased prices for perimeter security platforms. The companies have increased their price target and are also planning for cross-selling of their other services. The pandemic is expected to bring increased demand for perimeter security tools amongst industries and has the potential to enable smarter collaboration and improve productivity.
IMPACT ON DEMAND
The post-pandemic scenario boosted the demand for perimeter security solutions and services, owing to surging need toward monitoring of vacant warehouses and factories, increasing concern toward the protection of property, businesses, the safety of houses, and individuals, and growing demand for leveraging new functionalities in the existing perimeter security solutions.
IMPACT ON SUPPLY CHAIN
The supply chain has been affected as the lockdown prevailed in many regions globally. Companies are making their work shifts according to the government regulations such as limiting the workforce and increasing the work shifts. Companies have faced difficulties in arranging all the equipment required for the making of perimeter solutions, resulting in problems with the availability of such solutions. However, there is an improvement in the supply chain as most of the facilities have opened and working in the most optimum capacity.
CONCLUSION
The pandemic has accelerated the need for perimeter security platforms in most sectors. The market is expected to show rapid growth in the coming years as COVID-19 has been forced to implement such solutions to support the increased demand for the safety of the premises. Moreover, the demand for integrated fiber-optic perimeter intrusion detection systems, next-generation fence-mounted sensors, infrared sensors, and perimeter fence detection systems, combined with CCTV, offers huge growth opportunities for the perimeter security market in the coming years. Even manufacturers were focusing on launching new and innovative products, partnerships, and collaborations to meet the increasing demand in the COVID-19 outbreak.
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technogeekstmr · 4 years
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Fiber Bragg Grating Sensor Market by Covid-19 Impact Analysis, Growth During 2021-2027 | New International Research Report
A fiber Bragg grating is a small structure that measures few millimeters in length and can be photo etched in the single mode fiber core. Fiber Bragg Grating sensors have been in used for many years in various demanding harsh environmental applications. Fiber Bragg Grating sensors are used as an alternative to traditional mechanical and electrical sensors. FBG sensors are widely used and deployed optical sensors. FBG sensors reflects the wavelength of light that shifts with response to the change or variation in the temperature. FBG sensors are constructed with the use of holographic interference exposing a short length of photosensitive fiber to a regular distribution of light intensity. This periodic pattern generates a Bragg grating acting as a filter due to an interference reflection of some of the incident optical field. The reflecting wavelength of the FBG relies on the grating characteristics such as modulation and the period and is impacted by the parameters such as temperature and strain. Fiber bragg grating technology has been the premium choice for the for optical fiber sensors, specifically in the measurement of the temperature and strain, due to the ease of simple manufacturing and strong reflecting signal.
The major driver that supports the global fiber bragg grating sensor market is the built in calibration artifacts and long lifetime. The other features that contributes to the growth of the fiber bragg grating sensor market is its higher accuracy, compact size, longer stability, protection towards electromagnetic interference (EMI) and its capability to measure ultra-high speed events. One of the restraining factors that restricts the growth of the fiber bragg grating sensors is its thermal and transverse strain sensitivity. However, FBG sensors overcomes various challenges that are associated with the electrical and mechanical sensors by using light and optical fiber instead of using electricity and copper wire. These sensors are electrically passive and non-conductive in nature.
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The global fiber bragg grating sensor market is segmented into sensor type, axis, technology, end use industry, and geography. On the basis of type, the global fiber bragg grating sensor market is segmented into pressure sensor, temperature sensor, strain sensor, and others. Based on axis, the global fiber bragg grating sensor market is segmented into single axis and multi axis. Based on technology, the global fiber bragg grating sensor market is classified as FemtoSecond technology grating and draw tower grating. In terms of end use industry, the fiber bragg grating sensor is segmented into telecommunication, aerospace, construction & infrastructure, mining, power transmission and distribution industry and others. Geographically, global fiber bragg grating sensor market can be segmented into North America, Europe, Middle East & Africa, Asia Pacific and Latin America. North America is expected to be the leading market for the fiber bragg grating sensor, followed by Europe. Asia Pacific region is anticipated as an emerging market for the fiber bragg grating sensor due to increasing application of fiber optic cable.
Some of the key players operating in the global fiber bragg grating sensor market are FBGS International NV, Smart Fibres Ltd, Micron Optics, Timbercon Inc., National Instruments, HBM, Broptics Technology Inc., Intelligent Fiber Optic Systems Corporation, Advanced Optics Solutions (AOS) GmbH, and Technica Optical Components, LLC among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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rickysheikh92 · 4 years
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Medical Sensors Market Insights, Current And Future Market Trends & Forecast Till 2027
GMI Research expects the market to expand at a significant rate during the forecast period. This is mainly due to the growing implementation of these sensors in the connected medical devices around the world and the growing preference for homecare point of care devices.
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Top Manufacturers in the Medical Sensors Market:
·        TE Connectivity
·        Texas Instruments Incorporated
·        Medtronic
·        First Sensor AG
·        STMicroelectronics
·        Tekscan, Inc.
·        Sensirion AG Switzerland
·        NXP Semiconductors
·        Proteus Digital Health
·        Amphenol Advanced Sensors
Medical Sensors Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The major factors augmenting the growth of the market include numerous technological enhancements in medical devices, which include the implementation of fiber optics with real-time monitoring capabilities and digital healthcare monitoring devices. Moreover, the growing implementation of these sensors in connected medical devices around the world is propelling the growth of the market. In addition, the increasing demand for wearable devices, which include health & heart monitor, fitness band, and the rising investment in the healthcare sector in various nations, will further support the growth of the market. Furthermore, the growing preference for homecare point of care devices is paving the way for the medical sensors market as these devices reduce time to travel to a physician and offer flexibility. The growing investment in research & development of these sensors by leading companies and the increasing geriatric population are some other factors bolstering the growth of the market. The slow adoption of the enhanced medical system in emerging regions and concerns related to medical sensor devices' usage might act as a restraint in the growth of the global medical sensors market.
Regional Drivers
Based on the region, the North America region is projected to grow at a higher CAGR during the forecast period. The increasing demand for medical sensors driven by growing investments in the healthcare sector in economies such as the US will fuel the market growth. Additionally, the strong presence of several players of medical devices and medical sensors, followed by the rising technological advancements in the healthcare industry, are the major factors accelerating the demand for medical sensors.
Medical Sensors Market Segmentation:
Segmentation by Sensors Type:
·        Temperature Sensors
·        Pressure Sensors
·        Blood Oxygen Sensors
·        Blood Glucose Sensors
·        Image Sensors
·        Electrocardiogram (ECG) Sensors
·        Ingestible Sensors
·        Motion Sensors
·        Heart Rate Sensors
·        Touch Sensors
Segmentation by Product Type:
·        Invasive
·        Non-Invasive
Segmentation by Application:
·        Patient Monitoring
·        Diagnostic Imaging
·        Medical Implants & Endoscopy
Segmentation by End-User:
·        Nursing Homes, Assisted Living Facilities, Long-Term Care Centers, & Home Care Settings
·        Hospitals & Clinics
·        Others
Segmentation by Region:
·        North America
o   United States of America
o   Canada
·        Asia Pacific
o   China
o   Japan
o   India
o   Rest of APAC
·        Europe
o   United Kingdom
o   Germany
o   France
o   Spain
o   Rest of Europe
·        RoW
o   Brazil
o   South Africa
o   Saudi Arabia
o   UAE
o   Rest of the world (remaining countries of the LAMEA region)
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emmastevensposts · 4 years
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Embedded Temperature Sensor Market - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
The temperature sensor is an electronic device that measures the temperature of person, environment or an object. The temperature sensor is used to state the degree or intensity of heat present in a substance. These sensors will convert input data to electronic data to record, monitor, and then display in a human readable format. There are mainly two types of sensors i.e. contact and non-contact temperature sensors. Non-contact temperature sensors are basically infrared (IR) sensors. Temperature sensor provides benefits such as durability, accuracy, and low power consumption. These sensors are used in various industries to detect overheating and give alert to end users. The temperature sensor finds its application in various sectors such as consumer electronics, semiconductor, chemical, manufacturing, and others.
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The global embedded temperature sensor market is expected to witness significant growth during the forecast period (2020–2027). The growth of the embedded temperature sensor market is majorly attributed to the increasing demand for temperature sensors in consumer electronics such as laptops, tablets, smart wearables, and others. The demand for smartwatches has increased from health conscious people. Smartwatches provide important information related to pulse or heart rate and give suggestions to remain healthy. Moreover, smart shirts are also used by players to monitor the movement of the body. Smart shirts are helpful for sportsperson to keep the record of their daily goal and to track heart rate, pulse rate, and heat level. For instance, according to Coherent Market Insights’ analysis, the number of people using smart wearables across the globe increased from 523.3 million in 2017 to 832.3 million in 2020.
Moreover, research and wearable manufacturing companies are manufacturing advanced sensors that can be packed into wearables to measure temperature. Due to advancements in technology, more innovative products are being introduced in the market such as smartwatches, armbands, and smart T-shirts. Armbands are designed to track the human body movement, detect accurate health, and pulse rate. Furthermore, embedded temperature sensors are used in smartphones to monitor the fertility status of women. The status of fertility is displayed on the smartphone screen. For instance, women in the U.S. are using such devices to main a healthy lifestyle.
Increasing health awareness is one of the major factors driving the demand for temperature sensors among consumers to keep a track of their health. People who are conscious about their health spend a lot on monitoring devices such as smartwatches and smartphones. By using smartwatches, people can consult a doctor and take precautions in advance. For instance, in October 2019, SAMSUNG launched SAMSUNG GALAXY WATCH ACTIVE 2 that is used to monitor blood pressure and track health-related problems. This smartwatch is helpful in measuring a person’s blood pressure and making them aware about their health issues. Hence, these factors are expected to drive the market growth during the forecast period.
Embedded Temperature Sensor Market - Impact of Coronavirus (Covid-19) Pandemic
COVID-19 pandemic is expected to drive growth of the embedded temperature sensor market during the forecast period. All Chinese manufacturers have shut down their operations to hold the spread of coronavirus pandemic. Countries such as India find it difficult to source important raw materials and electronic components from Chinese factories. Demand for temperature sensors is expected to increase till the pandemic is under control. Temperature sensors are used at airports, land borders, and popular public spaces to check the temperature of people.
North America held a dominant position in the global embedded temperature sensor market in 2019 and is projected to retain its dominance throughout the forecast period, owing to increasing demand for temperature sensors from oil & gas, automotive, and consumer electronics sectors. For instance, in 2017, FOSA (Fiber-Optic Sensing Association), the U.S first trade association, launched optical fiber sensing. Fiber-optic sensing is an advanced technology that uses light in fiber-optic cables to measure acoustics, temperature, and strain. Through this technology, individuals can detect pipeline leakage, seismic activity, and unsafe temperature in the oil and gas industry. Additionally, increased demand for smart wearables in the U.S has increased the demand for temperature sensors. This is due to urbanization and the penetration of smart technologies in the market. Moreover, according to the U.S. Bureau of Economic Analysis (BEA), disposable personal income in the U.S. increased to US$ 16,706.40 billion in December 2019 from US$ 16,675.80 billion in November of 2019.
Asia Pacific region is expected to exhibit the highest growth during the forecast period. This owing to the rising adoption of temperature sensors in industries such as oil and gas, and chemicals for the prevention of moisture, overheating, and corrosion. Moreover, rising investment in the oil and gas industry will provide lucrative opportunities for the embedded temperature sensor market in the coming years. For instance, according to India Brand Equity Foundation (IBEF), the investment in oil and gas exploration and production activities in India is expected to reach US$ 25 million by 2022. In addition, the growing government policies and initiatives towards the fulfillment of energy demands and initiation of new projects will contribute positively to the embedded temperature sensor market revenue during the forecast period. Due to the above-mentioned factors, the embedded temperature sensor market is expected to witness significant growth during the forecast period.
Major players operating in the global embedded temperature sensor market include  Honeywell International Inc., NXP Semiconductors, Panasonic Corporation, Delphi Technologies, Siemens, ABB, STMicroelectronics, Emerson Electric Co., Microchip Technology Inc., Fluke Process Instruments, Mouser Electronics, Inc., Robert Bosch GmbH, TE Connectivity, DENSO CORPORATION, OMRON Corporation, FLIR Systems, Inc., Amphenol Advanced Sensors, Maxim Integrated, KONGSBERG, Yokogawa India Ltd., Infineon Technologies AG, TDK-Micronas GmbH, Amphenol Corporation, OMEGA Engineering inc., ON Semiconductor, CODICO GmbH, Sensata Technologies, Inc., VINCI, and Digi-Key Electronics.
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Increasing demand for embedded temperature sensor in food & beverages industry is expected to drive the market growth during the forecast period
Among end-use industry, the food & beverage segment is expected to hold a dominant position in the global embedded temperature sensor market during the forecast period. This is owing to the increasing demand for embedded temperature sensors for quality assurance during production, storage, and transit. For instance, due to stringent government regulations for Food and Drug Administration (FDA), it is mandated to use temperature sensors to monitor the temperature in complicated processes such as bottling, emulsification, piping, pasteurization, and others.
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rubydobson12 · 1 year
Text
The distributed acoustic sensing industry is projected to grow to a market value of $2.22 billion by 2033
The distributed acoustic sensing market is projected to generate a revenue of $2,283.1 million by the end of 2033, from a value of $632.1 million in 2022. Growing at a 12.5% ​​CAGR.
A single optical fiber is used as a sensor in Distributed Acoustic Sensing (DAS) technology to detect and inspect acoustic waves along their entire length. It is a passive, non-intrusive and highly accurate way to track and measure various physical phenomena such as temperature, sound and vibration.
Recent Trends in the Distributed Acoustic Sensing Market
Distributed Acoustic Sensing (DAS) is a technology that uses fiber optic cables to detect and locate acoustic signals, making it a useful tool for a wide range of applications such as oil and gas exploration, pipeline monitoring, and structural condition monitoring. In recent years, there have been several trends in the DAS market worth noting.
Growing DAS Adoption in the Oil and Gas Industry: The oil and gas industry is the largest market for DAS technology and is seeing increasing adoption of DAS systems for well monitoring, hydraulic fracturing and pipeline monitoring. DAS technology's ability to detect and locate acoustic signals along the entire length of a fiber optic cable provides valuable insight into the performance and integrity of oil and gas infrastructure.
Growing Demand for DAS in Infrastructure Monitoring: DAS technology is also increasingly used for monitoring critical infrastructure such as bridges, tunnels and dams. DAS systems can detect changes in vibration and strain along fiber optic cables, providing early warning of potential structural damage.
Advances in DAS Technology: Significant advances have been made in DAS technology, particularly in the development of new signal processing algorithms and software tools that improve the accuracy and resolution of DAS measurements. There is also a trend towards the development of hybrid DAS systems that combine acoustic sensing with other sensing modalities such as temperature, pressure and strain.
Growing use of DAS for security applications: DAS technology is finding new applications in the security field, especially in perimeter and border monitoring. DAS systems can detect and locate intrusions along the entire length of a fiber optic cable, providing a high level of situational awareness.
Overall, the DAS market is expected to continue growing in the coming years owing to increasing demand from new applications in the oil and gas industry, infrastructure monitoring applications, and security sectors.
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researchkraft19 · 4 years
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Fiber Bragg Grating Sensors Market Overview by Rising Demands 2020 to 2027
The Global Fiber Bragg Grating Sensors Market has enlisted a noteworthy CAGR during the most recent decade. It is relied upon to arrive at higher yearly development in the imminent years. Strength, hearty monetary framework, crude material opulence, taking off worldwide Fiber Bragg Grating Sensors request are boosting market advancement. So also, mechanical headways, advancements, expanding industrialization, and urbanization in the creating and created areas are probably going to maintain the Fiber Bragg Grating Sensors market income during forecast 2020-2027
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Market Research Explore distributed a broad investigation of the worldwide Fiber Bragg Grating Sensors market thinking about different significant components of the market. The exploration study includes precise and credible evaluations of the past just as the future pace of the market. The report contains indispensable assessments dependent on creation, deals volume, income, and yearly development rates. The report likewise expounds on current market contention, industry condition, fragments, and driving rivals in the worldwide Fiber Bragg Grating Sensors market. It helps key players, partners, industry specialists, analysts, and friends authorities in increasing profound understanding of the market.
The worldwide Fiber Bragg Grating Sensors advertise has been separated into a few essential sections, for example, item types, applications, areas, and end-clients. Moreover, it investigates locales including North America, Europe, South America, the Middle East, Asia, and the remainder of the world while performing provincial examination. The division investigation helps key players correctly focusing on the real market size and choosing suitable sections for their Fiber Bragg Grating Sensors organizations.
The most significant players coated in global Fiber Bragg Grating Sensors market report:
Micron Optics, Honeywell, FISO Technologies, Omron, FBGS TECHNOLOGIES GMBH, Proximion, Smart Fibres Limited, Sensornet, ITF Labs / 3SPGroup, Keyence, IFOS, NORTHROP GRUMMAN, O/E LAND Inc, KVH, Photonics Laboratories, Chiral Photonics, FBG TECH, OPTOcon GmbH, Redondo Optics, Broptics, Wutos, Pegasus (Qingdao) Optoelectronics, BEIYANG, Bandweaver, DSC
Types is divided into:
Pressure Sensors
Temperature Sensors
Strain Sensors
Displacement Sensors
Accelerometer
Applications is divided into:
Industrial Engineering
Aerospace Industry
Medical
Environment
Global Fiber Bragg Grating Sensors Market Regional Segmentation:
North America (U.S., Canada, Mexico) Europe (Germany, U.K., France, Italy, Russia, Spain, etc.) Asia-Pacific (China, India, Japan, Southeast Asia, etc.) South America (Brazil, Argentina, etc.) Middle East & Africa (South Africa, Saudi Arabia, etc.)
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Additionally, the report reveals insight into the market competition circumstance and execution of driving Fiber Bragg Grating Sensors makers. The report has contemplated ongoing advancements performed by driving makers in the worldwide Fiber Bragg Grating Sensors indusrty which incorporates item exploration, developments, and improvement. Their vital moves were likewise inspected in the report, including mergers, adventures, associations, item dispatches, and brand advancements that helped organizations extend their administration zones.
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supermarkettrends · 4 years
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Functional Safety Products Market Strategic Insights and key Business Influencing Factors | Major Players – Balluff de México, ABB, OMRON Corporation, Honeywell International, Inc.
Functional Safety Products Market major factor driving the growth of this market is the strengthening of safety standards and government regulations. Work, Health and Safety (WHS) regulatory frameworks aim upon securing the health and safety of workers and the workplaces around them. As these sensors are smaller and smarter and so can be integrated into fixed and portable devices. Various regulatory frameworks help in safety and security of places that consume functional safety products which acts as a driver for the growth of the market.
Asia-Pacific functional safety products market is projected to register a healthy CAGR of 12.6% in the forecast period of 2019 to 2026.
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Competitive Analysis: Asia-Pacific Functional Safety Products   Market
Some of the major players operating in this market are Yokogawa Electric Corporation, Siemens, Endress+Hauser Management AG, MANGAN SOFTWARE SOLUTIONS, Balluff de México, ABB, OMRON Corporation, Honeywell International, Inc., Rockwell Automation, Inc., SICK AG, Pilz GmbH & Co. KG, K.A. Schmersal GmbH & Co. KG, HYDAC, Schneider Electric, Cadence Design Systems, Inc., Hitex GmbH, TÜV Rheinland, Intel Corporation, UL LLC.
High Temperature Elastomer Market Size, Status and Forecast 2026
Asia-Pacific   Thin-film Encapsulation Market New Sales Volumes
Asia-Pacific   Thin-film Encapsulation Market Replacement Sales Volumes
Asia-Pacific   Thin-film Encapsulation Market Installed Base
Asia-Pacific   Thin-film Encapsulation Market By Brands
Asia-Pacific   Thin-film Encapsulation Market Size
Asia-Pacific   Thin-film Encapsulation Market Procedure Volumes
Asia-Pacific   Thin-film Encapsulation Market Product Price Analysis
Asia-Pacific   Thin-film Encapsulation Market Healthcare Outcomes
Asia-Pacific   Thin-film Encapsulation Market Cost of Care Analysis
Asia-Pacific   Thin-film Encapsulation Market Regulatory Framework and Changes
Asia-Pacific   Thin-film Encapsulation Market Prices and Reimbursement Analysis
Asia-Pacific   Thin-film Encapsulation Market Shares in Different Regions
Recent Developments for Asia-Pacific   Thin-film Encapsulation Market Competitors
Asia-Pacific   Thin-film Encapsulation Market Upcoming Applications
Asia-Pacific   Thin-film Encapsulation Market Innovators Study
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Scope of the Functional Safety Products   Market
Asia-Pacific Functional Safety Products Market By Product (Safety Switches, Safety Sensor, Functional Safety Controllers, Emergency Stop Devices, Pressure Transmitters, Camera Systems, Functional Safety Valves, Others), Solution & Service (Solution, Service), Industry Vertical (Oil & Gas, Chemical, Railways, Pulp and Paper, Automotive, Power Generation, Food and Beverages, Pharmaceutical, Mining, Others), Country (Japan, China, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines and Rest of Asia-Pacific) – Industry Trends and Forecast to 2026
The major factor driving the growth of this market is the strengthening of safety standards and government regulations. Work, Health and Safety (WHS) regulatory frameworks aim upon securing the health and safety of workers and the workplaces around them. As these sensors are smaller and smarter and so can be integrated into fixed and portable devices. Various regulatory frameworks help in safety and security of places that consume functional safety products which acts as a driver for the growth of the market.
Market Segmentation: Asia-Pacific Functional Safety Products   Market
 Asia-Pacific Functional Safety Products Market is segmented into safety switches, safety sensor, functional safety controllers, emergency stop devices, pressure transmitters, camera systems, functional safety valves and others. Safety switches are further sub-segmented into electro-mechanical safety switches, safety locking devices, non-contact safety switches. Safety sensor is further sub-segmented into fluid sensor, fiber-optic sensor, distance sensor, angle sensor and others. Fluid sensor is segmented into level sensor, flow sensor, pressure sensor and temperature sensor. Distance sensor is segmented into mid-range, long range, ultrasonic and others.
In March 2018, Siemens AG has invested in the new technology which is additive manufacturing to produce gas turbines. It will enable highly precise solutions from powered high performance materials.
In September 2017, Balluff de México extending its digitalization by acquiring two companies the Stuttgart software company and Matrix Vision GmbH (MV). This will bring the strategic alignment and improve their capability for supplying integrated automation solutions from one provider.
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iotindustrynews · 5 years
Text
Significant insights of Distributed Fiber Optic Sensing Market 2022 - Analysis & Forecast ($1,712.3 Million Market)
“Distributed Fiber Optic Sensing Market (DFOS) by Operating Principle (OTDR, OFDR), Fiber Type (Single-Mode, Multimode), Scattering Process (Raman Effect, Rayleigh Effect), Application (Temperature, Acoustic), Vertical, and Region - Global Forecast to 2022"
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The overall Distributed Fiber Optic  Sensing market (DFOS) is expected to be worth USD 1,712.3 Million by 2022, at a  CAGR of 15.09% between 2016 and 2022.
Distributed fiber optic sensors are the devices which use fiber optic cable for the measurement of temperature, acoustics, pressure, and strain along the length of the fiber. The benefit of using distributed fiber optic sensor is that it provides real-time measurement of physical parameters as temperatures, vibrations, or strain are recorded along the length of optical sensor cable, and its reliability to operate in harsh environment. Some industries such as oil and gas sector, power and utility, safety and security, and civil engineering require distributed fiber optic sensors for monitoring purpose that can operate reliably at harsh working environments and are also immune to any kind of electromagnetic interference. This report analyzes the distributed fiber optic sensors market segmented on the basis of operating principle, fiber type, scattering process, application, vertical and geography.
The OTDR operating principle led the global distributed fiber optics sensor market in terms of market share in 2015 driven by majority of the companies engaged in the manufacturing of the distributed fiber optic sensors producing the sensors based on OTDR operating principle.
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The market for multimode fiber based sensors expected to hold a larger size of the distributed fiber optic sensor market by 2022. Multimode fiber based sensors are preferred in the oil and gas vertical as the systems have been tested and been in use for a long period primary because of its ability to operate reliably in harsh conditions. However, the use of single-mode fibers is slowly increasing. These fibers are used to cover long distances and, hence, are being used by power and utility and civil engineering vertical.
The market for Rayleigh scattering effect by scattering method is expected to hold the largest size of the distributed fiber optic sensor market by 2022. Raman scattering effect is the most preferred scattering method owing to the property of maintaining a balance between the range to which it can sense physical parameters and the accuracy with which it can measure physical parameters.
The major companies involved in the development of distributed fiber optic sensors include Schlumberger Limited (U.S.), Halliburton Company (U.S.), Yokogawa Electric Corporation (Japan), Weatherford International plc (Switzerland), QinetiQ Group plc (U.K.), Luna Innovations Incorporated (U.S.), OFS Fitel LLC (U.K.), Bandweaver (U.K.), OmniSens S.A. (Switzerland), Brugg Kabel AG (Switzerland), AP Sensing GmbH (Germany), AFL (U.S.), and Ziebel AS (Norway) among others.
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