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Machine Vision System Market Expected to Reach $18.7 Billion, Globally, by 2022

Machine Vision System Market, published by Allied Market Research, forecasts that the global market was valued at $10.6 billion in 2015 and is projected to reach $18.7 billion by 2022, growing at a CAGR of 8.7% during the forecast period 2016-2022 .Industrial segment held the highest share of the total market in 2015.<br>

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Machine Vision System Market Expected to Reach $18.7 Billion, Globally, by 2022

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  1. Distributed Temperature Sensing (DTS) Market  Distributed Temperature Sensing (DTS) Market Report,published by Allied Market Research, states that the global DTS market was valued at $486 million in 2015, and is expected to reach $819 million by 2022, growing at a CAGR of 7.9% from 2016 to 2022. In 2015, LAMEA contributed the major share in the market, and is expected to continue its dominance throughout the forecast period. Distributed temperature sensing systems (DTS) are optoelectronic devices that quantity temperature by means of optical fibers. The growth of the DTS market is driven by the increase in rules & regulations pertaining safety standards globally. In addition, rise in demand from oil & gas applications, and wider applications in oil & gas industry and power cable monitoring are expected to fuel the market growth in future. However, this growth is impeded by the complex fault detection and troubleshooting process of DTS. High investments in smart grid technology and power industry are expected to offer new opportunities to the market players. The market is classified on the basis of fiber type into single-mode fiber and multimode fiber. Single-mode fiber sensors held the largest market share in 2015, and the are expected grow at the highest growth rate during the forecast period. Get the PDF Brochure@ https://www.alliedmarketresearch.com/request-sample/2025

  2. Distributed Temperature Sensing (DTS) Market  Key findings of the Distributed Temperature Sensing (DTS) Market *In 2015, OTDR accounted for maximum revenue, with over 50% share, and is projected to grow at a CAGR of 8.6% during the forecast period *Single-mode fiber is projected to grow at a CAGR of 8.2%, owing to increase in usage in oil & gas industry and power cable monitoring *Asia-Pacific is anticipated to exhibit the highest CAGR of over 10%. LAMEA is projected to maintain its lead in the DTS market, in terms of revenue, until 2022. *Oil & gas production (upstream & downstream) and power cable monitoring contributed a significant revenue share in the overall market in 2015.

  3. Asia-Pacific Mobile Security Market • By Geography • Asia-Pacific • China • Japan • India • South Korea • Rest of Asia-Pacific Distributed Temperature Sensing (DTS) Market  • By Geography • North America • U.S. • Canada • Mexico • Europe • UK • France • Germany • Rest of Europe • Asia-Pacific • China • Japan • India • South Korea • Rest of Asia-Pacific • LAMEA • Latin America • Middle East • Arica

  4. Distributed Temperature Sensing (DTS) Market  Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/checkout/328261 Follow Us On

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