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Research details developments in the distributed temperature sensing market to grow at 7.55% CAGR to 2021

Research details developments in the distributed temperature sensing market to grow at 7.55% CAGR to 2021

Distributed Temperature Sensing Market a new research document covering detailed analysis, competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Americas, APAC, EMEA and important players/vendors such as Baker Hughes, Halliburton, and Schlumberger. The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-2021.

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Complete report on the Distributed Temperature Sensing Market Research Report spread across 62 pages, profiling 9 companies with table of content is now available at www.reportsnreports.com/contacts/d…aspx?name=1159502 .

Other Prominent Vendors in the market are: AP Sensing, LIOS Technology, Sensornet, Sumitomo Electric, Weatherford International, and Yokogawa.

One trend in the market is growing importance of DTS in oil and gas sector. DTS is in high demand in the oil and gas sector, where they are used for quality assurance of pipelines and other exploration activities from extraction to storage.

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Oil and gas need to be kept at accurate temperatures in order to maintain the quality and safety of extraction activities. Slight variations in temperature can lead to poor quality extraction of oil and high chances of disaster.

According to the report, one driver in the market is need for enhanced safety and improvement in productivity yields. Improved production yields and enhanced safety measures are important for subsea oil operations and land mining operations.

Recent improvements in the reliability and performance of DTS sensing systems in harsh environments, including high pressure, high temperature, hydrogen rich environments, and fiber optic solutions are in line with the needs of DTS in the oil and gas industry. Furthermore, optical fibers can go beyond data functions and transport as fully distributed and direct sensors.

Access this Report at www.reportsnreports.com/purchase.aspx?name=1159502 .

Further, the report states that one challenge in the market is continual price reductions. The global distributed temperature sensor market is highly competitive due to the presence of many manufacturers.

As the competition intensifies, the manufacturers compete on the basis of product quality, performance, and price. They are trying to produce high-quality products at reduced prices, primarily in emerging countries like China because many small country-based suppliers enter the markets by introducing products at low cost for local original equipment manufacturers.

Automotive manufacturers and industrial equipment manufacturers follow an annual price reduction policy.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

For further information on this report- www.technavio.com/report/global-di…re-sensing-market

This report covers the present scenario and the growth prospects of the global distributed temperature sensing market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Distributed temperature sensing technology measures the temperature distribution along a fiber optic line. A fiber optic line can be as long as 18.5 miles at a stretch, with recording instruments only at both the ends of the line.

Thus, the system has no sensors, electronics, electrical connections, or electrical wires in the entire line. DTS technology is embedded into the fiber optic line and monitors the temperature of the entire line.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                                               

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?       

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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