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Distributed Acoustic Sensing Market

Global Market Study on Distributed Acoustic Sensing: Technological Advancements and Durability of Fiber Optic Systems Catalyzing Market Growth

Distributed Acoustic Sensing Market Segmented By DAS Interrogator Units, Visualization Software Component and Deployment, Maintenance Service Component in Oilfields,Pipeline Management, Security and Surveillance, Transportation

Distributed Acoustic Sensing Market Outlook (2023-2033)

As of 2022, global demand for the distributed acoustic sensing market is at a valuation of US$ 632.1 Mn and is forecasted to have a sales revenue of US$ 2,283.1 Mn by the end of 2033. The distributed acoustic sensing market is estimated to be US$ 701.1 Mn by 2023, and is predicted to progress at a CAGR of 12.5%.

Distributed Acoustic Sensing (DAS) is a technology that uses a single optical fiber as a sensor to detect and analyze acoustic signals across the entire length. It is a passive, non-intrusive & highly accurate method of monitoring and measuring a wide range of physical phenomena, including sound, vibration & temperature.

In DAS systems, a laser is used to transmit light through an optical fiber. The light is then reflected back to the source by small variations in the fiber caused by changes in the surrounding environment, such as the movement of air or the vibration of structures. The reflected light is then detected and analyzed to extract information about the environment.

The increased use of DAS in seismology is a primary driver that is driving the rising demand for distributed strain measurements in areas such as aeronautics, civil engineering, and so on. This system is critical in next-generation seismic networks since improved distributed acoustic sensing performance has revealed their strong potential in providing an excellent platform for data acquisition, which is expected to accelerate the market in the forecasted period.

The market in North America held the largest market share of 28.5% in 2022 and is expected to retain its dominant position throughout the forecast period and demand for the distributed acoustic sensing market in Europe region held a 22.8% value share in the global market in 2022.

Distributed Acoustic Sensing Market Size (2022)

US$ 632.1 Mn

Projected Market Value (2033)

US$ 2,283.1 Mn

Global Market Growth Rate (2023-2033)

12.5%

DAS Interrogator Units Market Share (2022)

42.2%

US Market Share (2022)

18.6%

Transportation 27.30%Market Share (2022)

41.2%

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What Are The Major Restraints Of The Distributed Acoustic Sensing Market?

“High Initial Investment and Limited Technical Expertise Are The Primary Restraints.”

DAS systems can be relatively expensive to install and maintain, which can be a significant barrier to entry for new companies & organizations. This high initial investment may limit the adoption of DAS systems in cost-sensitive markets. DAS systems can be complex to install and operate, and they require specialized skills & training for their operation. This lack of technical expertise may limit the adoption of DAS systems in certain markets.

  • In October 2021, Hifi Engineering Inc had launched a next-generation fiber optic sensing technology for monitoring critical infrastructure such as oil and gas wells and pipelines.
  • In February 2020, OptaSense (UK) had announced the establishment of a new subsidiary in Canada. The expansion is expected to support the company's global expansion of engineering, field, and service teams.
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Which Factor Is Driving The Opportunity In The US For Distributed Acoustic Sensing Market?

“Government Initiatives and Growing Adoption of IoT is Driving the Demand for Distributed Acoustic Sensing in US Market”

The government of the United States is initiating the adoption of advanced technologies such as DAS. The US Department of Energy has invested in research and development of DAS technology, which is expected to drive the growth of the market.

The growing adoption of Internet of Things (IoT) technology in the United States is expected to drive the growth of the DAS market. The increasing use of connected devices in various industries is expected to increase the demand for DAS systems.

Due to these reasons, in 2022, the U.S. distributed acoustic sensing market companies helped the country to account for a dominant share of 18.6% in the global marketplace.

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Which Countries In Asia Have The High Global CAGR For The Distributed Acoustic Sensing Market?

“India Has High Global CAGR For Distributed Acoustic Sensing Market”

There are several factors that contribute to the high CAGR for the distributed acoustic sensing (DAS) market in India. Some of these include the Increasing adoption of DAS in oil and gas exploration and production coupled with that DAS is being widely used in the oil & gas industry to monitor and optimize production, detect leaks & improve safety.

Government initiatives and investments are promoting the investment in the technology for infrastructure monitoring, which has helped to drive the growth of the DAS market.

The increasing number of smart cities project is expected to drive the demand for DAS technology in the near future in India.

The CAGR for India's adoption of distributed acoustic sensing markets is predicted to be around 16.1%.

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Which Countries In Europe Have The High Global Markets Share For Distributed Acoustic Sensing Market?

“Germany Holds a High Global Market Share in Europe Region”

Germany has a well-developed manufacturing sector and a high level of automation which has enabled companies to produce high-quality DAS products. German companies invest heavily in research and development, which has allowed them to develop advanced DAS products & technologies.

Germany is home to many key market players in various industries such as automotive, machinery and equipment, chemicals, and many more which hold a significant market share in DAS.

Due to this reason, the distributed acoustic sensing market for Germany in 2022 held a market share of 12.8% in the global distributed acoustic sensing market.

Category-wise Insights

Which Component Segment Of The Distributed Acoustic Sensing Market Holds The Largest Market Share?

“DAS Interrogator Units Segment of the Component Allows to Have the Larger Market Share”

DAS interrogator units are used to collect data from DAS sensors that are installed to monitor environmental parameters such as ground vibrations, wind, and weather. DAS interrogator units are used in industrial and mining applications, such as monitoring conveyor belts, detecting equipment failures & for monitoring production. They are used to collect data from DAS sensors that are installed on transportation infrastructure such as rail tracks, roads, and tunnels to monitor traffic flow, detect trains and vehicles and improve safety and security.

In 2022 the, interrogator unit segment share was estimated to dominate the global distributed acoustic sensing market and account for 42.2% of the total market value share.

Why Is The Distributed Acoustic Sensing For Transportation Segment Hold A Large Market?

“Rising Demand for Monitoring of Rail & Road Infrastructures and Safety and Security”

In 2022, it was estimated that the transportation segment account for 27.3% of the 2022 global value share.         

DAS technology can be used to monitor the health, safety of rail & road infrastructures, including bridges, tunnels, and roads. This allows for early detection of potential issues and proactive maintenance to prevent disruptions to transportation. DAS can be used in transportation to improve safety and security. DAS can be used to monitor the condition of transportation assets, such as cars, buses, trains, and trucks, and detect potential issues before they become serious.

Competitive Landscape

The distributed acoustic sensing market is expected to grow significantly over the forecast period, owing to advances in technology, the durability and reliability of fiber optic systems, and their long-distance intervals that are suitable for operation in harsh environments.

  • In July 2022, Haliburton and Technip had released a subsea fiber optic sensing solution to reduce oil reservoir knowledge uncertainty and lower ownership costs.
  • In October 2019, Halliburton (US) had signed an agreement to provide a cloud-based master data management solution for exploration and production (E&P) activities to Repsol S.A. (Spain), a company engaged in upstream and downstream activities in the oil and gas industry.

Recent developments related to key players providing the distributed acoustic sensing market have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.

Distributed Acoustic Sensing Market Report Scope

Attribute

Details

Forecast Period

2023-2033

Historical Data Available for

2018-2022

Market Analysis

US$ Mn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • Turkey
  • South Africa
  • GCC Countries

Key Market Segments Covered

  • Component
  • Application
  • Region

Key Companies Profiled

Pricing

Available upon Request

Key Segments of Distributed Acoustic Sensing Market Research

By Component:

  • DAS Interrogator Units
  • Visualization Software
  • Service
    • Deployment
    • Maintenance

By Application:

  • Oilfields
  • Pipeline Management
  • Security & Surveillance
  • Transportation

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

- Companies Covered in This Report -

  • Halliburton Co.
  • Schlumberger Limited
  • Optasense
  • Future Fibre Technologies
  • Fotech Solutions Ltd.
  • Silixa Ltd
  • Bandweaver
  • Omnisens SA
  • HiFi Engineering Inc.
  • Baker Hughes Incorporated

- Frequently Asked Questions -

In 2022, demand for the distributed acoustic sensing market amounted to US$ 632.1 Mn.

The global distributed acoustic sensing market is estimated to grow at a CAGR of 12.5% over the forecast period.

The market for distributed acoustic sensing market is forecasted to have a market value of US$ 2,022.8 Mn by 2033.

Demand for the distributed acoustic sensing market in India is projected to rise at 16.1% CAGR over the forecast period.

In 2022, North America distributed acoustic sensing market held a dominant market share of 28.5%.

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