Albany, NY -- (SBWire) -- 03/21/2019 --The Distributed Acoustic Sensing market was valued at Million US$ in 2018 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Distributed Acoustic Sensing.
Distributed acoustic sensors have the ability to detect changes at myriad intervals over long distances, which is suitable for functioning in remote and harsh environments. Both these conditions are inherent to the petroleum industry and oilfield applications.
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Distributed acoustic sensing technology is deployed in the oil and gas industry for monitoring temperature and pressure in order to improve safety and increase production volumes. Increasing demand for sensing in harsh environments and the corresponding development of rugged optical fiber technology has significantly benefitted the oil and gas industry.
This report presents the worldwide Distributed Acoustic Sensing market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
The increasing demand for distributed acoustic sensing in the oil and gas sector is expected to create new challenges for specialty fiber manufacturers in terms of new waveguide designs and fiber coatings, in order to withstand an increased operating temperature range (>300°C) and detecting acoustic signal and/or pressure along its entire length. These challenges are expected to drive the development of the technology and lead to new products and new markets during the coming three to four years.
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This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Halliburton
Omnisens
Schlumberger
AP Sensing
Silixa
Ziebel
Fotech Solutions
Optasense
fibrisTerre
OZ Optics Ltd
Pruett Tech
Optellios
Polus-ST
Distributed Acoustic Sensing Breakdown Data by Type
Longitudinal Wave
Transverse Wave
Distributed Acoustic Sensing Breakdown Data by Application
Oil and Gas
Defense
Transportation
Other
Distributed Acoustic Sensing Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Distributed Acoustic Sensing Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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Distributed Acoustic Sensing Market: Demand & Future Scope Including Top Players 2025
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