Global Distributed Acoustic Sensing Market Growth 2023-2029

Global Distributed Acoustic Sensing Market Growth 2023-2029

Distributed Acoustic Sensing (DAS) is an acoustic and seismic sensing capability that uses simple fibre optic communications cables as the sensor. The system works by converting a single optical fibre into tens of thousands of individual highly-sensitive vibrational sensors. Using existing or new cables, it can provide low-cost and high-reliability surface crossing and tunnel construction detection, with power and communications services needed only every 80-100 km. The technology has been proven in worldwide security operations at over one hundred locations in a variety of industries including oil and gas pipelines, railways, and high-value facility perimeters. The system reliably detects a variety of border threats with very few nuisance alarms. It can work in concert with existing border surveillance technologies to provide security personnel a new value proposition for fighting trans-border crime.

LPI (LP Information)' newest research report, the “Distributed Acoustic Sensing Industry Forecast” looks at past sales and reviews total world Distributed Acoustic Sensing sales in 2022, providing a comprehensive analysis by region and market sector of projected Distributed Acoustic Sensing sales for 2023 through 2029. With Distributed Acoustic Sensing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Distributed Acoustic Sensing industry.

This Insight Report provides a comprehensive analysis of the global Distributed Acoustic Sensing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Distributed Acoustic Sensing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Distributed Acoustic Sensing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Distributed Acoustic Sensing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Distributed Acoustic Sensing.

The global Distributed Acoustic Sensing market size is projected to grow from US$ 486.8 million in 2022 to US$ 997.2 million in 2029; it is expected to grow at a CAGR of 997.2 from 2023 to 2029.

The major players in global Distributed Acoustic Sensing (DAS) market include Qinetiq, Halliburton, etc. The top 2 players occupy about 25% shares of the global market. North America and Europe are main markets, they occupy about 80% of the global market. DASI is the main type, with a share over 70%. Oil & Gas is the main application, which holds a share about 70%.

This report presents a comprehensive overview, market shares, and growth opportunities of Distributed Acoustic Sensing market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Longitudinal Wave Acoustic Sensing
Transverse Wave Acoustic Sensing

Segmentation by application
Oil and Gas
Defense
Transportation
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Halliburton
Omnisens
Schlumberger
AP Sensing
Silixa
Ziebel
Fotech Solutions
Optasense
fibrisTerre
OZ Optics Ltd
Pruett Tech
Optellios
Polus-ST

Key Questions Addressed in this Report

What is the 10-year outlook for the global Distributed Acoustic Sensing market?

What factors are driving Distributed Acoustic Sensing market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Distributed Acoustic Sensing market opportunities vary by end market size?

How does Distributed Acoustic Sensing break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.