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Distributed Acoustic Sensing Market - Forecast(2024 - 2030)
Distributed Acoustic Sensing Market Overview
Distributed Acoustic Sensing Market size is forecast to reach $1.6 billion by 2026, growing at a CAGR of 13.2% from 2021 to 2026. The Distributed Acoustic Sensing market is estimated to witness substantial growth over the forecast period primarily due to increase in technological advancements and durability and reliability of fiber optic systems. Distributed Acoustic Sensors are revolutionary photonic sensing technologies that convert standard communications fibre into a linear array of discrete vibration sensors.
This technology utilizes advanced sensing technology to collect vibrations and activities such as leakages, moving vehicles, hot tapping pipelines and more. Distributed Acoustic Sensors operate with standard telecommunications grade optical fibres and provide information using visualization software. The adoption of this system by oil and gas industries and others to determine properties and characteristics of flow in different pipes etc is expected to propel the distributed acoustic sensing market growth during the forecast period.
The advancement in this system such as increasing processing speed to make data interpretation much faster is rising the demand for distributed acoustic sensing system industry.
Report Coverage
The report: “Distributed Acoustic Sensing Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Distributed Acoustic Sensing market.
By Type – Single Mode and Multi mode.
By Component – Hardware and software
By End User industry – Transportation, oil and gas, military, infrastructure, automotive, telecommunication and others.
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC(China, Japan India, SK, Australia, Indonesia, Malaysia and Others),South America (Brazil, Argentina, Chile, Colombia and others), and RoW (Middle east and Africa)
Key Takeaways
- The Distributed Acoustic Sensing market is estimated to witness substantial growth over the forecast period primarily due to increase in technological advancements, durability and reliability of fiber optic systems and its long distance intervals which are suitable for functioning in harsh environment.
- The visualization software for Distributed Acoustic Advanced Sensing technology performs signalling the optical fiber and highlights the location of leakage, security breach, and more. The software contributes to the growth of market which enable industries a new way to detect the problem.
- Due to high investment and development of pipeline network of oil and gas industries are contributing to the growth of Distributed Acoustic Sensing market.
- Distributed Acoustic Sensing market is dominated by APAC and is considered as the fastest growing region for Distributed Acoustic Sensing market. With increasing oil production operations and infrastructure, China in APAC is expected to hold large share.
Distributed Acoustic Sensing Market, By Geography, 2020
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Distributed Acoustic Sensing Market Segment Analysis - By Component
In component segment, Distributed Acoustic Sensing software is expected to have fastest growth in the market as visualization software plays a crucial role in sensing and signalling the route of optical fiber and highlight the location of leakage, security breach, and more. However hardware segment contributed the largest share in the market due to rapid increase in investment towards advanced sensing technology market by the industries verticals.
Distributed Acoustic Sensing Market Segment Analysis - By End user industry
The market is segmented by the end user industry into Transportation, oil and gas, military, infrastructure, telecommunication, automotive and others. The Transportation segment is projected to grow at the fastest rate of 16.9% through 2026. Expansion of pipeline network across the globe increases the requirement of Distributed Acoustic Sensing for identifying the events such as leaks. Thus, oil and gas industries holds the largest share in global Distributed Acoustic Sensing market and are expected to dominate the market in forecast period.
Distributed Acoustic Sensing Market Segment Analysis - By Geography
North America holds the largest share in global distributed acoustic sensing market with 34% in 2020. APAC is considered to have fastest growth over the forecast period due to rise in development and expansion of oil and gas and increase in investment. China is expected to contribute towards the growth of APAC region as it has significant growth in infrastructure, oil and gas industries, military and telecommunication industries and more. The rising demand for visualization software and advanced sensing technology will drive market demand.
Distributed Acoustic Sensing market Drivers
Increase in use of DAS in Seismology
The rising demands of distributed strain measurements in areas such as aeronautics, civil engineering, and more is increasing demand for distributed acoustic sensing. This system plays crucial role in the next generation seismic networks as the improved performance of distributed acoustic sensing has unveiled their strong potential in providing an excellent platform for data acquisition which is set to propel the market in forecasted period.
Technological Advancement
Advancement in technology is one of the major drivers for growing distributed acoustic sensing market. The recent advancement in DAS is based on phase sensitive Optical Time Domain Reflectometry (OTDR) which provides more precise quantitative measurement of an external impact based on frequency shift and phase demodulation methods using simple direct detection. This sensor provide safety and integrity monitoring applications, fast changing parameters such as dynamic strain or vibration and more. Apart from this advanced sensing technology and improvements in visualization software will drive market growth.
Distributed Acoustic Sensing Market Challenges
Locating Microseismic Events
Microseismic is an important method of monitoring the behavior of subsurface fluid processes, and it is commonly acquired using geophone array on the surface. Distributed Acoustic Sensing offer high density arrays In locating microseismic events. However there are challenges in locating microseismic events using Distributed Acoustic Sensing as it records only seismic data in one component and omits the azimuthal information provided by a three component geophone.
Distributed Acoustic Sensing Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in Distributed Acoustic Sensing market. The Distributed Acoustic Sensing market is dominated by major companies such Halliburton, Future Fibre Technologies, Fotech Solutions, Schlumberger, OptaSense, fibrisTerre, Febus Optics, Omnisens, AP Sensing, Fiber SenSys
Acquisitions/Technology Launches/Partnerships
In February 2020, OptaSense announced a new subsidiary to meet the growing demands of the Canadian market. The expansion is aimed to support the company’s growth for engineering and service teams worldwide.
In October 2019, Halliburton announced an agreement with Repsol S.A. This agreement aimed to provide a cloud-based master data management solution for exploration and production activities.
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1.Distributed Acoustic Sensing Market Overview
1.1 Definitions and Scope
2. Distributed Acoustic Sensing Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key trends By End User Industry
2.3 Key trends segmented by Geography
3. Distributed Acoustic Sensing Market – Market Landscape
3.1 Comparative Analysis
3.1.1 Product/Company Benchmarking-Top 5 Companies
3.1.2 Top 5 Financial Analysis
3.1.3 Market Value Split by Top 5 Companies
3.1.4 Patent Analysis
3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Distributed Acoustic Sensing Market – Industry Market Entry Scenario Premium (Premium)
4.1 Regulatory Scenario
4.2 Ease of Doing Business Index
4.3 Case Studies
4.4 Customer Analysis
5. Distributed Acoustic Sensing Market – Startup Company Scenario (Premium)
5.1 Venture Capital and Funding Scenario
5.2 Startup Company Analysis
6. Distributed Acoustic Sensing Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Distributed Acoustic Sensing Market – By Strategic Analysis (Market Size -$Million/Billion)
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Product Life Cycle/Market Life Cycle Analysis
8. Distributed Acoustic Sensing Market – By Type (Market Size -$Million/Billion)
8.1 Single Mode
8.2 Multi Mode
9. Distributed Acoustic Sensing Market – By Component (Market Size -$Million/Billion)
9.1 Hardware
9.2 Software
10. Distributed Acoustic Sensing Market – By End User Industry (Market Size -$Million/Billion)
10.1 Transportation
10.2 Oil and Gas
10.3 Military
10.4 Infrastructure
10.5 Automotive
10.6 Telecom
10.7 Others
11. Distributed Acoustic Sensing Market - By Geography (Market Size -$Million/Billion)
11.1 North America
11.1.1 U.S
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 Germany
11.2.2 France
11.2.3 UK
11.2.4 Italy
11.2.5 Spain
11.2.6 Russia
11.2.7 Netherlands
11.2.8 Others
11.3 APAC
11.3.1 China
11.3.2 Japan
11.3.3 South Korea
11.3.4 India
11.3.5 Australia
11.3.6 Indonesia
11.3.7 Malaysia
11.3.8 Others
11.4 South America
11.4.1 Brazil
11.4.2 Argentina
11.4.3 Chile
11.4.4 Colombia
11.4.5 Others
11.5 RoW
11.5.1 Middle East
11.5.2 Africa
12. Distributed Acoustic Sensing Market - Market Entropy
12.1 New product launches
12.2 M&A's, collaborations, JVs and partnerships
13. Distributed Acoustic Sensing Market – Industry Competitive Landscape (Premium)
13.1 Market Share – Global
13.2 Market Share by Region
13.3 Market Share By End User Industry
14. Distributed Acoustic Sensing Market – Key Company List by Country Premium (Premium)
15. Distributed Acoustic Sensing Market - Company Analysis
15.1 Company 1
15.2 Company 2
15.3 Company 3
15.4 Company 4
15.5 Company 5
15.6 Company 6
15.7 Company 7
15.8 Company 8
15.9 Company 9
15.10 Company 10
LIST OF TABLES
1.Global Market, By Fiber Type Market 2019-2024 ($M)1.1 Single Mode Fiber Market 2019-2024 ($M) - Global Industry Research
1.2 Multimode Fiber Market 2019-2024 ($M) - Global Industry Research
2.Global Market, By Vertical Market 2019-2024 ($M)
2.1 Oil & Gas Market 2019-2024 ($M) - Global Industry Research
2.2 Oilfield Service Market 2019-2024 ($M) - Global Industry Research
2.2.1 Production Market 2019-2024 ($M)
2.2.2 Completion Market 2019-2024 ($M)
2.2.3 Evaluation Market 2019-2024 ($M)
2.3 Pipeline Integrity Market 2019-2024 ($M) - Global Industry Research
2.3.1 Leak Detection Market 2019-2024 ($M)
2.3.2 Pipeline Protection Market 2019-2024 ($M)
2.4 Military Market 2019-2024 ($M) - Global Industry Research
2.5 Border Surveillance Market 2019-2024 ($M) - Global Industry Research
2.6 Support Operation Market 2019-2024 ($M) - Global Industry Research
2.7 Transportation Market 2019-2024 ($M) - Global Industry Research
2.8 Road Transportation Market 2019-2024 ($M) - Global Industry Research
2.9 Rail Transportation Market 2019-2024 ($M) - Global Industry Research
2.10 Infrastructure Market 2019-2024 ($M) - Global Industry Research
3.Global Market, By Fiber Type Market 2019-2024 (Volume/Units)
3.1 Single Mode Fiber Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Multimode Fiber Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Market, By Vertical Market 2019-2024 (Volume/Units)
4.1 Oil & Gas Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Oilfield Service Market 2019-2024 (Volume/Units) - Global Industry Research
4.2.1 Production Market 2019-2024 (Volume/Units)
4.2.2 Completion Market 2019-2024 (Volume/Units)
4.2.3 Evaluation Market 2019-2024 (Volume/Units)
4.3 Pipeline Integrity Market 2019-2024 (Volume/Units) - Global Industry Research
4.3.1 Leak Detection Market 2019-2024 (Volume/Units)
4.3.2 Pipeline Protection Market 2019-2024 (Volume/Units)
4.4 Military Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 Border Surveillance Market 2019-2024 (Volume/Units) - Global Industry Research
4.6 Support Operation Market 2019-2024 (Volume/Units) - Global Industry Research
4.7 Transportation Market 2019-2024 (Volume/Units) - Global Industry Research
4.8 Road Transportation Market 2019-2024 (Volume/Units) - Global Industry Research
4.9 Rail Transportation Market 2019-2024 (Volume/Units) - Global Industry Research
4.10 Infrastructure Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Market, By Fiber Type Market 2019-2024 ($M)
5.1 Single Mode Fiber Market 2019-2024 ($M) - Regional Industry Research
5.2 Multimode Fiber Market 2019-2024 ($M) - Regional Industry Research
6.North America Market, By Vertical Market 2019-2024 ($M)
6.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
6.2 Oilfield Service Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Production Market 2019-2024 ($M)
6.2.2 Completion Market 2019-2024 ($M)
6.2.3 Evaluation Market 2019-2024 ($M)
6.3 Pipeline Integrity Market 2019-2024 ($M) - Regional Industry Research
6.3.1 Leak Detection Market 2019-2024 ($M)
6.3.2 Pipeline Protection Market 2019-2024 ($M)
6.4 Military Market 2019-2024 ($M) - Regional Industry Research
6.5 Border Surveillance Market 2019-2024 ($M) - Regional Industry Research
6.6 Support Operation Market 2019-2024 ($M) - Regional Industry Research
6.7 Transportation Market 2019-2024 ($M) - Regional Industry Research
6.8 Road Transportation Market 2019-2024 ($M) - Regional Industry Research
6.9 Rail Transportation Market 2019-2024 ($M) - Regional Industry Research
6.10 Infrastructure Market 2019-2024 ($M) - Regional Industry Research
7.South America Market, By Fiber Type Market 2019-2024 ($M)
7.1 Single Mode Fiber Market 2019-2024 ($M) - Regional Industry Research
7.2 Multimode Fiber Market 2019-2024 ($M) - Regional Industry Research
8.South America Market, By Vertical Market 2019-2024 ($M)
8.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
8.2 Oilfield Service Market 2019-2024 ($M) - Regional Industry Research
8.2.1 Production Market 2019-2024 ($M)
8.2.2 Completion Market 2019-2024 ($M)
8.2.3 Evaluation Market 2019-2024 ($M)
8.3 Pipeline Integrity Market 2019-2024 ($M) - Regional Industry Research
8.3.1 Leak Detection Market 2019-2024 ($M)
8.3.2 Pipeline Protection Market 2019-2024 ($M)
8.4 Military Market 2019-2024 ($M) - Regional Industry Research
8.5 Border Surveillance Market 2019-2024 ($M) - Regional Industry Research
8.6 Support Operation Market 2019-2024 ($M) - Regional Industry Research
8.7 Transportation Market 2019-2024 ($M) - Regional Industry Research
8.8 Road Transportation Market 2019-2024 ($M) - Regional Industry Research
8.9 Rail Transportation Market 2019-2024 ($M) - Regional Industry Research
8.10 Infrastructure Market 2019-2024 ($M) - Regional Industry Research
9.Europe Market, By Fiber Type Market 2019-2024 ($M)
9.1 Single Mode Fiber Market 2019-2024 ($M) - Regional Industry Research
9.2 Multimode Fiber Market 2019-2024 ($M) - Regional Industry Research
10.Europe Market, By Vertical Market 2019-2024 ($M)
10.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
10.2 Oilfield Service Market 2019-2024 ($M) - Regional Industry Research
10.2.1 Production Market 2019-2024 ($M)
10.2.2 Completion Market 2019-2024 ($M)
10.2.3 Evaluation Market 2019-2024 ($M)
10.3 Pipeline Integrity Market 2019-2024 ($M) - Regional Industry Research
10.3.1 Leak Detection Market 2019-2024 ($M)
10.3.2 Pipeline Protection Market 2019-2024 ($M)
10.4 Military Market 2019-2024 ($M) - Regional Industry Research
10.5 Border Surveillance Market 2019-2024 ($M) - Regional Industry Research
10.6 Support Operation Market 2019-2024 ($M) - Regional Industry Research
10.7 Transportation Market 2019-2024 ($M) - Regional Industry Research
10.8 Road Transportation Market 2019-2024 ($M) - Regional Industry Research
10.9 Rail Transportation Market 2019-2024 ($M) - Regional Industry Research
10.10 Infrastructure Market 2019-2024 ($M) - Regional Industry Research
11.APAC Market, By Fiber Type Market 2019-2024 ($M)
11.1 Single Mode Fiber Market 2019-2024 ($M) - Regional Industry Research
11.2 Multimode Fiber Market 2019-2024 ($M) - Regional Industry Research
12.APAC Market, By Vertical Market 2019-2024 ($M)
12.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
12.2 Oilfield Service Market 2019-2024 ($M) - Regional Industry Research
12.2.1 Production Market 2019-2024 ($M)
12.2.2 Completion Market 2019-2024 ($M)
12.2.3 Evaluation Market 2019-2024 ($M)
12.3 Pipeline Integrity Market 2019-2024 ($M) - Regional Industry Research
12.3.1 Leak Detection Market 2019-2024 ($M)
12.3.2 Pipeline Protection Market 2019-2024 ($M)
12.4 Military Market 2019-2024 ($M) - Regional Industry Research
12.5 Border Surveillance Market 2019-2024 ($M) - Regional Industry Research
12.6 Support Operation Market 2019-2024 ($M) - Regional Industry Research
12.7 Transportation Market 2019-2024 ($M) - Regional Industry Research
12.8 Road Transportation Market 2019-2024 ($M) - Regional Industry Research
12.9 Rail Transportation Market 2019-2024 ($M) - Regional Industry Research
12.10 Infrastructure Market 2019-2024 ($M) - Regional Industry Research
13.MENA Market, By Fiber Type Market 2019-2024 ($M)
13.1 Single Mode Fiber Market 2019-2024 ($M) - Regional Industry Research
13.2 Multimode Fiber Market 2019-2024 ($M) - Regional Industry Research
14.MENA Market, By Vertical Market 2019-2024 ($M)
14.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
14.2 Oilfield Service Market 2019-2024 ($M) - Regional Industry Research
14.2.1 Production Market 2019-2024 ($M)
14.2.2 Completion Market 2019-2024 ($M)
14.2.3 Evaluation Market 2019-2024 ($M)
14.3 Pipeline Integrity Market 2019-2024 ($M) - Regional Industry Research
14.3.1 Leak Detection Market 2019-2024 ($M)
14.3.2 Pipeline Protection Market 2019-2024 ($M)
14.4 Military Market 2019-2024 ($M) - Regional Industry Research
14.5 Border Surveillance Market 2019-2024 ($M) - Regional Industry Research
14.6 Support Operation Market 2019-2024 ($M) - Regional Industry Research
14.7 Transportation Market 2019-2024 ($M) - Regional Industry Research
14.8 Road Transportation Market 2019-2024 ($M) - Regional Industry Research
14.9 Rail Transportation Market 2019-2024 ($M) - Regional Industry Research
14.10 Infrastructure Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)2.Canada Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
3.Mexico Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
4.Brazil Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
5.Argentina Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
6.Peru Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
7.Colombia Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
8.Chile Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
9.Rest of South America Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
10.UK Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
11.Germany Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
12.France Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
13.Italy Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
14.Spain Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
15.Rest of Europe Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
16.China Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
17.India Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
18.Japan Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
19.South Korea Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
20.South Africa Distributed Acoustic Sensing Market Revenue, 2019-2024 ($M)
21.North America Distributed Acoustic Sensing By Application
22.South America Distributed Acoustic Sensing By Application
23.Europe Distributed Acoustic Sensing By Application
24.APAC Distributed Acoustic Sensing By Application
25.MENA Distributed Acoustic Sensing By Application
26.Qinetiq Group Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Halliburton Co, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Schlumberger Nv, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Baker Hughes, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Rest Of The, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Future Fibre Technology Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Northrop Grumman Corp, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Fotech Solution Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Omnisens Sa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Silixa Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Ziebel A, Sales /Revenue, 2015-2018 ($Mn/$Bn)