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DTS Systems Market Trend & Investment Feasibility By Analysis 2022

by Miller@21 · February 25 Lonnie Johnson Color Rush Jersey , 2019

The overall Distributed Temperature Sensing (DTS) Market was valued at USD 484.7 million in 2015 and is expected to reach USD 811.5 million by 2022, at a CAGR of 7.66% between 2016 and 2022. The growth of this market is driven by the rising demand for DTS systems for monitoring purposes in hostile working conditions wherein humans cannot reach, high reliability of DTS systems as they can be deployed over long distances, and increasing need for improved safety systems.



The competition in the DTS market is high due to the presence of a large number of players. Some of the key players in the DTS market include Halliburton Company (U.S.), Sensornet Ltd. (U.K.), Furukawa Electric Co. Tytus Howard Color Rush Jersey , Ltd. (Japan), Schlumberger NV (U.S.), Omnisens SA (Switzerland), Yokogawa Electric Corp. (Japan), Weatherford International PLC (Switzerland), Sumitomo Electric Industries Ltd. (Japan) Black Benardrick McKinney Jersey , Omicron Electronics GmbH (Austria), Tendeka B.V. (U.K.), AP Sensing GmbH (Germany), GESO (Germany), LIOS Technology GmbH (Germany), and Bandweaver Technologies (China) Black Kevin Johnson Jersey , among others.


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Schlumberger N.V. has its headquarters Texas, U.S.; it employed approximately 95,000 people, as of 2015. The company operates in approximately 85 countries across North America, Latin America, Europe Commonwealth of Independent States (CIS)Africa Black Nick Martin Jersey , and the Middle East & Asia. It is one of major suppliers of technology, integrated project management, and information solutions to the oil and gas exploration and production industry. Mergers and acquisitions were the major strategies adopted by Schlumberger between 2014 and 2016. For instance, in April 2016, Schlumberger acquired Cameron International Corporation (Cameron), a leading provider of flow equipment products [url=ht