Boston, MA -- (SBWIRE) -- 02/04/2016 -- In 2015, the oil and gas sector was the highest contributor to the overall market, with a 53.73% market share. The oil and gas industry is a growing industry with increasing demands for unconventional resources and is expected to increase its market presence in the global market.

The oil and gas industry is likely to continue to dominate the market during the forecast period. However, the defense sector is expected to grow at a similar pace during the forecast period. In terms of geographical revenue contribution, the Americas dominated the global DAS market in 2015, accounting for a share of 44.8%.

Technavio's analysts forecast the global DAS market to grow at a CAGR of 10.03% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global DAS market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the usage of distributed acoustic sensors in the following customer segments:

Get More Details on this Report and a Full Table of Contents at Global Distributed Acoustic Sensing Market 2016-2020

-Oil and gas
-Defense
-Infrastructure
-Transportation

Technavio's report, Global Distributed Acoustic Sensing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Halliburton
-Omnisens
-Schlumberger
-Silixa
-Ziebel

Other prominent vendors

-AP Sensing
-fibrisTerre
-Fotech Solutions
-OptaSense
-Optellios
-OZ Optics
-POLUS-ST
-Pruett Tech

Market driver

-High tolerance for extreme environment
-For a full, detailed list, view our report

Market challenge

-Lack of standards and guidelines
-For a full, detailed list, view our report

Market trend

-Seismic downhole measurements
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Halliburton, Omnisens, Schlumberger, Silixa, Ziebel, Fotech Solutions, Optasense, fibrisTerre, OZ Optics, Pruett Tech, Optellios, AP Sensing, POLUS-ST

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