Global Distributed Acoustic Sensing Market By Fiber Type (Single-mode Fiber and Multimode Fiber), By Vertical (Oil & Gas, Power & Utility, Security & Surveillance, and Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Mar 2022
- Report ID: 32896
- Number of Pages: 296
- Format:
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Distributed Acoustic Sensing Market Overview:
The global Distributed Acoustic Sensing market was valued at USD 482.8 million in 2021 and is projected to grow at 10.2% annually between 2023-2032.
Distributed Acoustic Sensing (DAS), a passive sound-signal detection technology, has become a popular choice in recent times. DAS technology offers many advantages over traditional sound wave sensors, such as a relatively thin cable, lower cost, and easier installation. DAS systems can measure the entire vertical coverage of water well without any fiber movement. The thin cable ensures data continuity.
Fiber optic-based products can be found in many downstream, midstream, as well as upstream applications of the oil and natural gas industry. They are used in infrastructure and high-bandwidth telecoms for Supervisory Control and Data Acquisition.
They are most commonly used for measuring temperature, pressure, strain, and other parameters along with the downhole and subsea cables. They are also able to prevent third-party interference into plant facilities, pipelines, and other important benefits of fiber optic products in the oil and natural gas.
Global Distributed Acoustic Sensing Market Scope:
Fiber type analysis
The fiber type segment of distributed acoustic sensors market can be classified into single-mode fiber and multimode fiber. Due to the minimal external interference, the single-mode fiber segment will likely hold a significant market share. Due to the limitation of light scattering, the single input mode can reduce light waste and increase data transmission. These benefits make single-mode fibers a popular choice for vibration sensing.
A single-mode, or multimode, fiber is more efficient than multimode fiber and thus makes it better for monitoring in-wells. The single-mode fiber is widely used in long-distance applications to increase bandwidth capacity. The downside is that single-mode types are costlier than multimode. The market growth for single-mode optical fiber is boosted by its increased efficiency in intrusion detection, and the wider range of telecommunications uses.
Vertical analysis
The vertical segment is broken down into power and utility and oil and gas. Security and surveillance, environment infrastructure, and transportation are some of the other categories.
Expect the oil and natural gas segment to hold a substantial share among all verticals. The distributed acoustic sense technology used in this industry is used for several purposes. Because oilfield operations require unobtainable levels of precision, reliability, granularity, and granularity for monitoring vibration-related incidents, the technology is being adopted.
Fiber optics permit data transmission for very long distances. This technology has enabled the use of distributed acoustic sensor systems in the wellbore’s high-temperature/high-pressure environment. These potentials of vibration sense are expected to increase the market growth in oil and gas. DAS systems play a key role in driving market growth by monitoring pipelines.
Кеу Маrkеt Ѕеgmеntѕ
By Fiber Type
- Single-mode Fiber
- Multimode Fiber
By Vertical
- Oil & Gas
- Power & Utility
- Security & Surveillance
- Environmental & Infrastructure
- Transportation
- Other Verticals
Market Dynamics:
Due to the need for real-time intrusion detection and monitoring, distributed acoustic sense systems were used in the security and border industry. However, today Oilfield Services is using the distributed Acoustic Sensing Systems extensively for in-well monitors and other purposes.
It is used to detect leakages and external interference. They can also be used to monitor and track hydraulic fracturing, which is the process of extracting shale and tight sand from reservoirs. This DAS-based technology allows for reliable monitoring of in-well activities during fracture-stimulation treatment.
Distributed acoustic sensor systems have replaced production log tools for measuring injection flow performance. It uses a digital optoelectronics detector technique that can detect the phase, amplitude, and propagation of sound waves in a bore. It can process a wide range of acoustic signals to monitor inflow at different zones. Because the traditional production log tool can’t capture good surveillance information due to high costs and potential operational risks, distributed Acoustic Sensing Applications have emerged as a viable alternative.
Regional Analysis
North America had a greater share of North America’s market share than 31.4% in 2021, due to its oil & natural gas production industry. The region’s focus on local optical fiber production by regional governments and the appearance of many oil and gas producing actors is what makes it unique. This industry is also expected to grow due to the exploration of shale gas in the region. The oil and gas industry has a significant share of vibration sense, which in turn helps to grow the market for distributed Acoustic Sensing Systems in this area.
Asia Pacific is forecasted to have the greatest CAGR. This can be attributed to the increasing use of fiber optics for telecommunications. Market growth is being driven by the growing adoption of fiber optics technology in the healthcare sector. The government regulations governing toxic waste also encourage strict pipeline management as well as other DAS-based applications within the end-user sectors.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
OptaSense, Halliburton, Schlumberger Limited, Future Fibre Technologies, Baker Hughes: A GE Company LLC, Fotech Solutions Ltd., Northrop Grumman Corporation, Omnisens, Silixa Ltd., Ziebel, are the major market participants. To gain a competitive edge, most companies concentrate on growing their customer base through various strategic approaches such as collaborations.
Halliburton has signed an agreement to anchor membership with the Advanced Remanufacturing and Technology Center, in November 2019. Halliburton is able to collaborate across different industries through this membership for next-generation technology-related R&D. The ARTC has made Halliburton the only company that is based in oilfield services.
Маrkеt Kеу Рlауеrѕ:
- OptaSense
- Halliburton
- Schlumberger Limited
- Baker Hughes, a GE Company LLC
- Future Fibre Technologies
- Northrop Grumman Corporation
- Fotech Solutions Ltd
- Omnisens, Silixa Ltd
- Other Key Players
For the Distributed Acoustic Sensing Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the size of the Distributed Acoustic Sensing market in 2021?A: The Distributed Acoustic Sensing market size is estimated to be US$ 482.8 million in 2021.
Q: What is the projected CAGR at which the Distributed Acoustic Sensing market is expected to grow at?A: The Distributed Acoustic Sensing market is expected to grow at a CAGR of 10.2% (2023-2032).
Q: List the segments encompassed in this report on the Distributed Acoustic Sensing market?A: Market.US has segmented the Distributed Acoustic Sensing market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Fiber Type, market has been segmented into Single-mode Fiber and Multimode Fiber. By Vertical, the market has been further divided into Oil & Gas, Power & Utility, Security & Surveillance, Environmental & Infrastructure, Transportation and Other Verticals
Q: List the key industry players of the Distributed Acoustic Sensing market?A: OptaSense, Halliburton, Schlumberger Limited, Baker Hughes, a GE Company LLC, Future Fibre Technologies, Northrop Grumman Corporation, Fotech Solutions Ltd, Omnisens, Silixa Ltd and Other Key Players engaged in the Distributed Acoustic Sensing market.
Q: Which region is more appealing for vendors employed in the Distributed Acoustic Sensing market?A: North America is expected to account for the highest revenue share of 31.4%. Therefore, the Distributed Acoustic Sensing Technology industry in North America is expected to garner significant business opportunities over the forecast period.
Q: Name the key areas of business for Distributed Acoustic Sensing?A: The US, China, Japan, India, Brazil, Germany, UK, France, Italy, Spain, etc. are key areas of operation for Distributed Acoustic Sensing Market.
Q: Which segment accounts for the greatest market share in the Distributed Acoustic Sensing industry?A: With respect to the Distributed Acoustic Sensing industry, vendors can expect to leverage greater prospective business opportunities through the Single-mode Fiber segment, as this area of interest accounts for the largest market share.
Distributed Acoustic Sensing MarketPublished date: Mar 2022add_shopping_cartBuy Now get_appDownload Sample - OptaSense
- Halliburton
- Schlumberger Limited
- Baker Hughes, a GE Company LLC
- Future Fibre Technologies
- Northrop Grumman Corporation Company Profile
- Fotech Solutions Ltd
- Omnisens, Silixa Ltd
- Other Key Players
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