The global Distributed Acoustic Sensing Market (DAS) is predicted to increase at USD 792 million in 2025

 


DAS systems, unlike standard electrically driven sensors, are immune to electromagnetic interference, have a greater range, a longer lifespan, and can work in severe settings. One of the main reasons for its adoption in the oil and gas business is this. In addition to infrastructure, military, and transportation, DAS systems have been developed for various industries. Due to the spread of COVID-19, DAS manufacturers with the existing stock of hardware components (mostly interrogator units) may find it difficult to clear their present inventory due to the pandemic's low demand. As a result, several manufacturers of distributed acoustic sensors are likely to reduce their output.

The global distributed acoustic sensing market (DAS) is predicted to increase at a Compound Annual Growth Rate (CAGR) of 11.4 per cent from 2020 to 2025, from USD 462 million in 2020 to USD 792 million in 2025.

Typically, visualisation software is tailored to the DAS application. The software frequently displays the course of an optic fibre cable's routing against a site map and highlights the location of an occurrence (for instance, a leak in an oil pipeline). The DAS software is frequently interfaced with existing third-party SCADA control or security software for perimeter security, which highlights an occurrence. DAS visualisation software can be used for real-time monitoring of injection fluid, analysing fluid entry locations, and fluid distribution along the wellbore in wellbore applications. In most cases, visualisation software accounts for roughly 5% of the total cost of the DAS system. However, due to the constant updating and optimization of visualisation software for DAS systems, the market for visualisation software is predicted to develop at the quickest rate throughout the forecast period.

Because single-mode fibres are designed for long-distance communications, they are the best choice for most DAS applications. Telecommunications-grade single-mode fibre optic cables can sustain signal lengths of up to 50 kilometres with no discernible signal noise. As a result, single-mode fibres are commonly used in DAS applications such as pipeline monitoring and border/perimeter surveillance give a high signal-to-noise ratio. It has a range of around 50 kilometres. Because the interrogator units must be deployed every 50 kilometres, the systems are substantially more cost-effective. Because single-mode fibres are sufficient for the majority of applications, they are likely to hold a bigger market share than multimode fibres over the forecast period.

With its expanding oil production operations and military and infrastructure development, APAC is one of the fastest-growing markets for DAS solutions, with China dominating the market. With massive investments in creating infrastructure in the region's fast-growing developing economies like China and India, the market presents a great opportunity for implementation.

Schlumberger (US), Halliburton (US), Baker Hughes (US), OptaSense (UK), Future Fibre Technologies (Australia), Fotech Solutions (UK), Bandweaver (China), Hifi Engineering (Canada), Omnisens (Switzerland), and Silixa are some of the major players in the distributed acoustic sensing market (UK). Apart from these, a few rising firms in the DAS market include ofs (US) and Fibre Completion Services (Canada).

Comments

Popular posts from this blog

Quaternary Ammonium Compounds Market to Grow at USD 1.63 billion by 2027: COVID Impact & Post COVID Analysis, Business Opportunities, and Strategies

Butyraldehyde Market Trends, Growth, Demand, opportunities, Scope & Forecast 2027 by CMI

Glass Mat Thermoplastic Market : Size, Growth, Regional Analysis, And Market Area