Distributed Acoustic Sensing (DAS) - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Distributed Acoustic Sensing (DAS) Market is accounted for $407.41 million in 2019 and is expected to reach $1,114.12 million by 2027 growing at a CAGR of 13.4% during the forecast period. Growing deployment of DAS systems in oil & gas industry due to digitization and increasing adoption of DAS systems for perimeter and border surveillance are the major factors driving the market growth. However, Technical issues and cost constraints associated with deployment of optical fiber cables and interrogators is restraining the market growth. Moreover, Inherent advantages of DAS systems leading to use in new and unconventional applications would provide ample opportunities for the market growth.
Distributed acoustic sensing is an advanced sensing technology that measures the acoustic data continuously in real-time along the entire length of a fiber optic cable. Unlike traditional sensors that rely on discrete sensors measuring at pre-determined points, this type of sensing does not rely upon stationary manufactured sensors but also utilizes the optical fiber.
Based on end user, the oil & gas (Oilfield services and pipeline integrity) segment is likely to have a huge demand. In the oil & gas industry, well monitoring using DAS systems provide significant benefits in optimizing and maximizing the production of both offshore and inland oilfields. By geography, Asia Pacific is going to have a lucrative growth during the forecast period. With huge investments in developing infrastructure in the fast-growing developing nations such as China and India in the region, the market presents a huge potential for the implementation of DAS systems.
Some of the key players profiled in the Distributed Acoustic Sensing (DAS) Market include Baker Hughes Inc, Banweaver, Fotech Solutions Ltd, Future Fiber Technologies Ltd, Halliburton Co, Hifi Enginnering Inc, Northrop Grumman, Omnisens SA, Qintiq Group PLC, Schlumberger Limited, Silixa Ltd, Synet Optics and Ziebel.
Wave Types Covered:
• Transverse Wave
• Longitudinal Wave
• Distributed Acoustic Sensing Principle
• Distributed Acoustic Sensing Interrogator
Fiber Types Covered:
• Multimode Fiber
• Single-Mode Fiber
• Visualization Software
End Users Covered:
• Security & Surveillance
• Power & Utility
• Environmental & Infrastructure
• Oil & Gas
• Other End Users
Sales Channels Covered:
• Distribution Channel
• Direct Channel
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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