Global Optical Fiber Monitoring Market
Drivers: Global Optical Fiber Monitoring Market
- Increasing application in oil and gas vertical
- Growing demand for high bandwidth communication
- Rising government initiatives towards deployment of fiber optics
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Restraint: Global Optical Fiber Monitoring Market
- Lack of essential technical personnel and high installation cost
Opportunities:
- Growing telecommunication industry
- Growing demand for geotechnical monitoring
Challenge:
- Increasing adoption of wireless environments
Market Trends
Global optical fiber monitoring market is segmented into five notable segments which are based on the basis of component, monitoring type, technology, mode type and vertical.
- On the basis of component, the market is segmented into laser, photodiode, 1xn photonic switch, submodule, controller, display, operator and others
- On the basis of monitoring type, the market is segmented into active fiber monitoring and dark fiber monitoring
- The dark fiber monitoring segment is dominating in global optical fibre monitoring market due to the rising dark fiber network across the globe. The main reason is increase in the number of internet users which has raised the demand of high bandwidth networks. As a result, it helps the user to share volume of data over the network with security. Dark fiber networks are considered as a viable solution for organizations which help them to transfer large volume of data for their operation. This in turn will become more important for the network operators to monitor this network so that data won’t get lost while transferring
- On the basis of technology, the market is segmented into distributed acoustic sensing, distributed temperature sensing, real time thermal rating and others
- The distributed temperature sensing segment is dominating in global optical fibre monitoring market due to rising government safety standards for the workers in the manufacturing plants. In addition to it, the growing demands of distributed temperature sensing technology are more in places where humans are unable to reach
- On the basis of mode type, the market is segmented into single mode and multimode
- On the basis of vertical, the market is segmented into IT & telecommunication, military & aerospace, healthcare, power & energy, BFSI, food & beverages, oil & gas, automotive and others
Major Players: Global Optical Fiber Monitoring Market
Some of the major players operating in global optical fiber monitoring market are Fibersonics, Hifi Engineering Inc., OptaSense, NTest Inc., AP Sensing, United Technologists Europe Limited (UTEL), Ziebel, Silixa Ltd, CommVerge Solutions, DSIT Solutions Ltd., M2 Optics Inc., Fluke Corporation, AFL, Kingfisher International, FiberStore Co., Yokogawa Electric Corporation, EXFO Inc., VIAVI Solutions Inc., Fujikura Ltd, Moog Inc., SQS Vláknova optika a.s., Anritsu Corporation, VeEX Inc., ShinewayTech., II-VI Incorporated KomShine and Sopto among others.
