The global distributed acoustic sensing market size is expected to reach at USD 775.8 million by 2025 to expand at CAGR of 11.5%. Distributed acoustic sensing system has replaced the production logging tools for the measurement of injection flow performance or downhole production. It uses a digital optoelectronics detection technique which can acquire the phase and amplitude of the generated and propagated sound waves in a wellbore. It can process a large array of acoustic data to monitor the inflow at multiple zones. Since the traditional production logging tool doesn’t acquire the well surveillance data due to the high costs along with significant operational risks, distributed acoustic sensing applications have evolved as a better alternative.
DAS technology has more advantages than traditional sensing systems for sound waves, such as relatively slim cable, lower cost, and easier installation process. DAS systems can measure the complete vertical coverage of a well without any fiber movement. Therefore, it ensures data continuity due to its thin cable. The economic benefits of distributed acoustic sensing are anticipated to create growth opportunities for the market in the forthcoming years.
Distributed Acoustic Sensing Market Report Highlights
• The significant surge in the deployment of optical fiber sensors in oil and gas industries will create a massive potential for the distributed acoustic sensing market
• Market players are focusing on providing optical fiber acoustic sensors for wellbores, which offers long-distance data transmission for subsea and downhole
• Key market players are considering partnerships and acquisitions of startups providing innovative products to expand their outreach in the market
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Distributed Acoustic Sensing Market Segmentation
Grand View Research has segmented the global distributed acoustic sensing market based on fiber type, vertical, and region:
Distributed Acoustic Sensing Fiber Type Outlook (Revenue, USD Million, 2014 – 2025)
• Single-mode Fiber
• Multimode Fiber
Distributed Acoustic Sensing Vertical Outlook (Revenue, USD Million, 2014 – 2025)
• Oil & Gas
• Power & Utility
• Security & Surveillance
• Environment & Infrastructure
Distributed Acoustic Sensing Regional Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• The U.K.
• Asia Pacific
• South America
• Middle East & Africa
List of Key Players of Distributed Acoustic Sensing Market
• Schlumberger Limited
• Baker Hughes
• GE Company LLC
• Future Fibre Technologies
• Silixa Ltd
• Fotech Solutions Ltd
• Grumman Corporation
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