India Distributed Fiber Optic Sensor Market Size & Outlook
India distributed fiber optic sensor market, 2018-2030 (US$M)
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India distributed fiber optic sensor market highlights
- The India distributed fiber optic sensor market generated a revenue of USD 70.3 million in 2023 and is expected to reach USD 174.1 million by 2030.
- The India market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, temperature sensing was the largest revenue generating application in 2023.
- Acoustic/Vibration Sensing is the most lucrative application segment registering the fastest growth during the forecast period.
Distributed fiber optic sensor market data book summary
| Market revenue in 2023 | USD 70.3 million |
| Market revenue in 2030 | USD 174.1 million |
| Growth rate | 13.8% (CAGR from 2023 to 2030) |
| Largest segment | Temperature sensing |
| Fastest growing segment | Acoustic/Vibration Sensing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Acoustic/Vibration Sensing, Temperature Sensing, Other |
| Key market players worldwide | Halliburton Co, Schlumberger Ltd, Yokogawa Electric Corp., OFS Capital Corp, QinetiQ Group PLC, AG Barr PLC, Luna Innovations Inc, Agilent Technologies |
Other key industry trends
- In terms of revenue, India accounted for 4.4% of the global distributed fiber optic sensor market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China distributed fiber optic sensor market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 174.1 million by 2030.
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Distributed Fiber Optic Sensor Market Scope
Distributed Fiber Optic Sensor Market Companies
| Name | Profile | # Employees | HQ | Website |
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India distributed fiber optic sensor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to distributed fiber optic sensor market will help companies and investors design strategic landscapes.
Temperature sensing was the largest segment with a revenue share of 43.53% in 2023. Horizon Databook has segmented the India distributed fiber optic sensor market based on acoustic/vibration sensing, temperature sensing, other covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian government's Department of Science and Technology (DST) has funded several research projects on DFOS technology, particularly in structural health monitoring and environmental monitoring. For instance, DST has provided funding for research on DFOS-based monitoring of landslides, dams, and bridges and for developing DFOS systems for oil and gas pipeline monitoring.
The Indian Institute of Technology (IIT) Bombay has been actively involved in DFOS research and development, with several projects to develop new DFOS systems and applications. IIT Bombay has also established a research center for DFOS technology, which focuses on developing DFOS solutions for environmental monitoring and disaster management.
Moreover, several Indian companies have started to offer DFOS solutions for various applications. For example, Sensornet, an Indian company, provides DFOS-based solutions for pipeline, well, and structural health monitoring. Another Indian company, Silixa, offers DFOS-based solutions for geothermal energy, hydraulic fracturing, and pipeline monitoring.
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Horizon Databook provides a detailed overview of country-level data and insights on the India distributed fiber optic sensor market , including forecasts for subscribers. This country databook contains high-level insights into India distributed fiber optic sensor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India distributed fiber optic sensor market size, by application, 2018-2030 (US$M)
India Distributed Fiber Optic Sensor Market Outlook Share, 2023 & 2030 (US$M)
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