Distributed Acoustic Sensing (DAS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Distributed Acoustic Sensing (DAS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • September 2021 •
  • 146 pages •
  • Report ID: 5968580 •
  • Format: PDF
The global distributed acoustic sensing (DAS) market reached a value of US$ 458.7 Million in 2020. Looking forward, the analyst expects the market to grow at a CAGR of around 10% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

The distributed acoustic sensing (DAS) system refers to an adaptable fiber optic technology that consists of an optoelectronic instrument to measure acoustic interactions. The instruments detect vibrations and capture acoustic energy along the optical fiber. It is primarily used for monitoring the vibrations generated by hot-tapping pipelines, leaks, moving automobiles and failing mechanical components during industrial operations. This aids in detecting, classifying and accurately locating the site of vibrations or defects. In comparison to the traditionally used methods, DAS systems do not require discrete sensors and additional transducers, owing to which, they find extensive applications across various industries.

Significant growth in the transportation industry across the globe is one of the key factors creating a positive outlook for the market. DAS systems are widely used for analyzing the speed and density of traffic and predicting possible disruptions on the roads. Furthermore, they are also used for detecting physical changes in objects over long distances and are highly efficient in harsh environments. As a result, DAS systems are employed in the oil and gas industry for determining properties and characteristics of flow in different pipelines near the wellbores. Various technological advancements, such as the development of improved quantitative data analysis systems that offer higher processing speeds for data interpretation, are acting as other growth-inducing factors. The increasing utilization of DAS systems in the energy and power sector for efficient transmission and distribution, and in the military and defense sector for enhanced border surveillance are some of the other factors that are expected to drive the market further.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global distributed acoustic sensing (DAS) system market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on component, fiber type and end use industry.

Breakup by Component:

Breakup by Fiber Type:
Single-Mode Fiber
Multi-Mode Fiber

Breakup by End Use Industry:
Oil and Gas

Breakup by Region:
North America
United States
Asia Pacific
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Baker Hughes (General Electric), Bandweaver, Halliburton Company, Hifi Engineering Inc., Future Fibre Technologies, Fotech Group Ltd., Omnisens S.A., Optasense (QinetiQ), Schlumberger, Silixa Ltd. and Ziebel. Key Questions Answered in This Report:

How has the global distributed acoustic sensing (DAS) market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global distributed acoustic sensing market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the fiber type?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global distributed acoustic sensing (DAS) market and who are the key players?
What is the degree of competition in the industry?