Distributed Temperature Sensing Market by Application and Geography - Forecast and Analysis 2022-2026

Published: Aug 2022 Pages: 144 SKU: IRTNTR74186

The distributed temperature sensing market share is expected to increase by USD 314.03 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.85%.

This distributed temperature sensing market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers distributed temperature sensing market segmentation by application (oil and gas, manufacturing, industrial infrastructure monitoring, environmental monitoring, and others) and geography (North America, APAC, Europe, Middle East and Africa, and South America). The distributed temperature sensing market report also offers information on several market vendors, including AP Sensing GmbH, Baker Hughes Co., Bandweaver, Banner Engineering Corp., Furukawa Electric Co. Ltd., GESO GmbH and Co. KG, Halliburton Co., Honeywell International Inc., Johnson Controls International Plc, Luna Innovations Inc., NXP Semiconductors NV, Opsens Inc., Qualcomm Inc., Robert Bosch GmbH, Schlumberger Ltd., STMicroelectronics NV, Sumitomo Electric Industries Ltd., Texas Instruments Inc., Weatherford International Plc, and Yokogawa Electric Corp. among others.

What will the Distributed Temperature Sensing Market Size be During the Forecast Period?

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Distributed Temperature Sensing Market: Key Drivers, Trends, and Challenges

The need for enhanced safety and improvement in productivity yields is notably driving the distributed temperature sensing market growth, although factors such as the short service life of fiber optic cables may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the distributed temperature sensing industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Distributed Temperature Sensing Market Driver

One of the key factors driving growth in the distributed temperature sensing market is the need for enhanced safety and improvement in productivity yields. The improved production yields and enhanced safety measures are essential for subsea oil operations and land mining operations. The recent improvements in the performance and reliability of DTS systems in harsh environments, such as high temperature, high pressure, fiber optic solutions, and hydrogen-rich environments, are in order with the needs of DTS in the oil and gas industry. Moreover, optical fibers can excel in data functions and transport as fully distributed and direct sensors. For distance measurements of up to nine miles, Raman-based backscatter methods are used for fiber interrogation. This allows pipeline and well operators to measure an entire wellbore and pipeline span in near real-time at a resolution of less than 1 meter. In addition, for a distance of up to 37 miles, DTS needs fiber optics that offer single-mode optical fibers, which are designed for demanding environments of the oil and gas sector.

Key Distributed Temperature Sensing Market Trend

The growing importance of DTS in the oil and gas sector is a distributed temperature sensing market trend that is expected to have a positive impact in the coming years. The demand for DTS is high in the oil and gas sector, as it is used for quality assurance of pipelines and other exploration activities from extraction to storage. Oil and gas are required to be kept at accurate temperatures to maintain the quality and safety of extraction activities. The variations in the temperature may lead to poor quality extraction of oil and may result in high chances of disaster. Fiber optics with DTS capabilities is fitted into oil drills to read the temperature when the machine drills deeper into the earth. As there is a possibility of the machine overheating or breaking down due to high temperatures, these distributed temperature sensors are used to prevent the machine from reaching the threshold temperatures. Such factors are anticipated to contribute to the growth of the global DTS market.

Key Distributed Temperature Sensing Market Challenge

The short service life of fiber optic cable will be a major challenge for the distributed temperature sensing market during the forecast period. Fiber optic cables are prone to wear and tear within a short period of time. The short lifespan of fiber optic cables results in the lack of adoption, resulting in the restricted deployment of fiber optic networks by many customers. The short service time increases the expenses for the end-users, as they must replace the optic fiber sensors regularly, and adds to the cost for manufacturers. This is a major concern for the manufacturers in the market. Therefore, the short service life of fiber optic cables may negatively impact the growth of the global DTS market.

This distributed temperature sensing market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global distributed temperature sensing (DTS) market as a part of the global electronic equipment and instruments market within the overall electronics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the distributed temperature sensing market during the forecast period.

Who are the Major Distributed Temperature Sensing Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AP Sensing GmbH
  • Baker Hughes Co.
  • Bandweaver
  • Banner Engineering Corp.
  • Furukawa Electric Co. Ltd.
  • GESO GmbH and Co. KG
  • Halliburton Co.
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • Luna Innovations Inc.
  • NXP Semiconductors NV
  • Opsens Inc.
  • Qualcomm Inc.
  • Robert Bosch GmbH
  • Schlumberger Ltd.
  • STMicroelectronics NV
  • Sumitomo Electric Industries Ltd.
  • Texas Instruments Inc.
  • Weatherford International Plc
  • Yokogawa Electric Corp.

 

This statistical study of the distributed temperature sensing market encompasses successful business strategies deployed by the key vendors. The distributed temperature sensing market is fragmented and the vendors are deploying growth strategies such as focusing on technological advancements to compete in the market.

Product Insights and News

  • AP Sensing GmbH - AP Sensing GmbH is a privately held company headquartered in Germany. It is a global company generating $6.52 million in revenues and has around 60 employees. Its revenue from the global distributed temperature sensing market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
  • AP Sensing GmbH - The company offers distributed temperature sensing system namely DTS N45 Series. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The distributed temperature sensing market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Distributed Temperature Sensing Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the distributed temperature sensing market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Distributed Temperature Sensing Market?

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31% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for distributed temperature sensing in APAC. Market growth in this region will be faster than the growth of the market in other regions.

APAC is one of the largest markets for refineries and petrochemicals, which results in the high demand for distributed temperature sensors. This will facilitate the distributed temperature sensing market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 outbreak in China in 2020, which later spread across regions, severely affected several countries in the region, including China, India, South Korea, and Japan. The outbreak affected the overall economy of APAC, as well as supply chains and the operations of the industrial and telecommunication sectors. However, several companies, including telecommunication providers, are adopting cloud-based storage solutions and next-generation telecommunication solutions with increased data centers. These factors are expected to carry out the routine activities of various providers, which are expected to drive the growth of the DTS market in the region during the forecast period.

What are the Revenue-generating Application Segments in the Distributed Temperature Sensing Market?

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The distributed temperature sensing market share growth by the oil and gas segment will be significant during the forecast period. In the oil and gas segment, the advantages of fiber optic cables with DTS technology, such as electrical immunity, tolerance to extremely harsh environments, long-term measurement stability, and dense multiplexing capability, have resulted in the widespread adoption of DTS technology-based fiber optic cables. Vendors in the market have been focusing more on improving oil recovery since 2005 owing to the growing adoption of multilateral hydraulic fracturing, and continuous investment of capital in thermally enhanced oil recovery techniques has improved the demand for DTS technology. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the distributed temperature sensing market size and actionable market insights on post COVID-19 impact on each segment.

 

Distributed Temperature Sensing Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.85%

Market growth 2022-2026

$ 314.03 million

Market structure

Fragmented

YoY growth (%)

5.52

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 31%

Key consumer countries

US, Saudi Arabia, China, India, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AP Sensing GmbH, Baker Hughes Co., Bandweaver, Banner Engineering Corp., Furukawa Electric Co. Ltd., GESO GmbH and Co. KG, Halliburton Co., Honeywell International Inc., Johnson Controls International Plc, Luna Innovations Inc., NXP Semiconductors NV, Opsens Inc., Qualcomm Inc., Robert Bosch GmbH, Schlumberger Ltd., STMicroelectronics NV, Sumitomo Electric Industries Ltd., Texas Instruments Inc., Weatherford International Plc, and Yokogawa Electric Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Distributed Temperature Sensing Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive distributed temperature sensing market growth during the next five years
  • Precise estimation of the distributed temperature sensing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the distributed temperature sensing industry across North America, APAC, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of distributed temperature sensing market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Oil and gas - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Oil and gas - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Oil and gas - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Oil and gas - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Oil and gas - Year-over-year growth 2021-2026 (%)
    • 5.4 Manufacturing - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Manufacturing - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Manufacturing - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Manufacturing - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Manufacturing - Year-over-year growth 2021-2026 (%)
    • 5.5 Industrial infrastructure monitoring - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Industrial infrastructure monitoring - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Industrial infrastructure monitoring - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Industrial infrastructure monitoring - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Industrial infrastructure monitoring - Year-over-year growth 2021-2026 (%)
    • 5.6 Environmental monitoring - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Environmental monitoring - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Environmental monitoring - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Environmental monitoring - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Environmental monitoring - Year-over-year growth 2021-2026 (%)
    • 5.7 Others - Market size and forecast 2021-2026
      • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by Application
      • Exhibit 48: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 52: Chart on Geographic comparison
      • Exhibit 53: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 India - Market size and forecast 2021-2026
      • Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.12 Saudi Arabia - Market size and forecast 2021-2026
      • Exhibit 90: Chart on Saudi Arabia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 91: Data Table on Saudi Arabia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 92: Chart on Saudi Arabia - Year-over-year growth 2021-2026 (%)
      • Exhibit 93: Data Table on Saudi Arabia - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 94: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 97: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 98: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 99: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 100: Matrix on vendor position and classification
            • 10.3 AP Sensing GmbH
              • Exhibit 101: AP Sensing GmbH - Overview
              • Exhibit 102: AP Sensing GmbH - Product / Service
              • Exhibit 103: AP Sensing GmbH - Key offerings
            • 10.4 Baker Hughes Co.
              • Exhibit 104: Baker Hughes Co. - Overview
              • Exhibit 105: Baker Hughes Co. - Business segments
              • Exhibit 106: Baker Hughes Co. - Key news
              • Exhibit 107: Baker Hughes Co. - Key offerings
              • Exhibit 108: Baker Hughes Co. - Segment focus
            • 10.5 Bandweaver
              • Exhibit 109: Bandweaver - Overview
              • Exhibit 110: Bandweaver - Product / Service
              • Exhibit 111: Bandweaver - Key offerings
            • 10.6 Furukawa Electric Co. Ltd.
              • Exhibit 112: Furukawa Electric Co. Ltd. - Overview
              • Exhibit 113: Furukawa Electric Co. Ltd. - Business segments
              • Exhibit 114: Furukawa Electric Co. Ltd. - Key offerings
              • Exhibit 115: Furukawa Electric Co. Ltd. - Segment focus
            • 10.7 Halliburton Co.
              • Exhibit 116: Halliburton Co. - Overview
              • Exhibit 117: Halliburton Co. - Business segments
              • Exhibit 118: Halliburton Co. - Key news
              • Exhibit 119: Halliburton Co. - Key offerings
              • Exhibit 120: Halliburton Co. - Segment focus
            • 10.8 Luna Innovations Inc.
              • Exhibit 121: Luna Innovations Inc. - Overview
              • Exhibit 122: Luna Innovations Inc. - Product / Service
              • Exhibit 123: Luna Innovations Inc. - Key offerings
            • 10.9 Schlumberger Ltd.
              • Exhibit 124: Schlumberger Ltd. - Overview
              • Exhibit 125: Schlumberger Ltd. - Business segments
              • Exhibit 126: Schlumberger Ltd. - Key offerings
              • Exhibit 127: Schlumberger Ltd. - Segment focus
            • 10.10 Sumitomo Electric Industries Ltd.
              • Exhibit 128: Sumitomo Electric Industries Ltd. - Overview
              • Exhibit 129: Sumitomo Electric Industries Ltd. - Business segments
              • Exhibit 130: Sumitomo Electric Industries Ltd. - Key news
              • Exhibit 131: Sumitomo Electric Industries Ltd. - Key offerings
              • Exhibit 132: Sumitomo Electric Industries Ltd. - Segment focus
            • 10.11 Weatherford International Plc
              • Exhibit 133: Weatherford International Plc - Overview
              • Exhibit 134: Weatherford International Plc - Business segments
              • Exhibit 135: Weatherford International Plc - Key news
              • Exhibit 136: Weatherford International Plc - Key offerings
              • Exhibit 137: Weatherford International Plc - Segment focus
            • 10.12 Yokogawa Electric Corp.
              • Exhibit 138: Yokogawa Electric Corp. - Overview
              • Exhibit 139: Yokogawa Electric Corp. - Business segments
              • Exhibit 140: Yokogawa Electric Corp. - Key offerings
              • Exhibit 141: Yokogawa Electric Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 142: Inclusions checklist
                • Exhibit 143: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 144: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 145: Research methodology
                • Exhibit 146: Validation techniques employed for market sizing
                • Exhibit 147: Information sources
              • 11.5 List of abbreviations
                • Exhibit 148: List of abbreviations
              • of skilled human resource: Test and measurement equipment such as tunable diode laser analyzer (TDLA), optical time-domain reflectometer (OTDR), and process analyzers are required to be used by an expert in chemical and instrumentation engineering. Many of these equipment are used in manufacturing or production process. The individuals using this equipment need to have an overall understanding of the process to operate the equipment efficiently. One of the major challenges to the market is the lack of skilled human resource in the market. In many instances, end-users are not really satisfied with the use of these test and measurement equipment if they were not properly installed, serviced or calibrated properly. This also deters potential buyers to invest in these test and measurement equipment.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                distributed temperature sensing market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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