UK Distributed Fiber Optic Sensor Market Size & Outlook
UK distributed fiber optic sensor market, 2018-2030 (US$M)
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UK distributed fiber optic sensor market highlights
- The UK distributed fiber optic sensor market generated a revenue of USD 99.5 million in 2023 and is expected to reach USD 126.2 million by 2030.
- The UK market is expected to grow at a CAGR of 3.5% 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 99.5 million |
| Market revenue in 2030 | USD 126.2 million |
| Growth rate | 3.5% (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, UK accounted for 6.2% 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 Europe, Germany distributed fiber optic sensor market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 126.2 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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UK 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 46.73% in 2023. Horizon Databook has segmented the UK 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 U.K. government has provided funding for DFOS research and development through its Innovate U.K. program, which supports innovative projects with the potential to drive economic growth. For example, Innovate U.K. has provided funding for projects to improve the safety and efficiency of rail and highway infrastructure using DFOS technology.
In addition, there are several companies in the U.K. that specialize in DFOS technology, such as Optilan and Omnisens. These companies provide DFOS solutions for various applications, including pipeline monitoring, structural health monitoring, and environmental monitoring.
The U.K. is also a member of the European Distributed Fiber Optic Sensing (E-DFOS) consortium, a group of research institutions and companies working together to advance DFOS technology in Europe. The consortium is focused on developing new DFOS systems and applications, with a particular emphasis on improving the technology's reliability and reducing its cost.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK distributed fiber optic sensor market , including forecasts for subscribers. This country databook contains high-level insights into UK distributed fiber optic sensor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK distributed fiber optic sensor market size, by application, 2018-2030 (US$M)
UK Distributed Fiber Optic Sensor Market Outlook Share, 2023 & 2030 (US$M)
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