Dublin, June 18, 2020 (GLOBE NEWSWIRE) -- The "Distributed Acoustic Sensing (DAS) Market by Component (Interrogator Units, Visualization Software), Fiber Type (Single-mode Fiber and Multimode fiber), Industry (Oil & Gas, Infrastructure, Transportation), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global DAS market is projected to reach USD 792 million by 2025 from USD 513 million in 2019 and is expected to grow at a CAGR of 11.4% from 2020 to 2025.
DAS systems are being used across various industry verticals such as oil & gas, infrastructure, military, and transportation. Distributed acoustic sensing (DAS) involves the use of optoelectronic systems to measure acoustic signals along the length of an optical fiber. Real-time acoustic signals can be monitored along tens of kilometers of fiber length.
Unlike traditional, electrical powered sensors, DAS systems are immune to electromagnetic interferences, have a higher range, a longer lifespan, and can also operate in harsh environments. Increased digitization in the oil & gas industry has led to an increase in the use of DAS systems for production and pipeline monitoring, as well as in optimizing the life of an oil well. This has led to their use in other industries such as military and infrastructure, which is also driving the overall DAS market
Market for DAS systems using multimode fiber to grow at higher CAGR during forecast period
Multimode fibers are mostly used for distributes temperature sensing (DTS) applications however, they can be used for DAS systems as well. Multimode fibers are utilized in a few specialized downhole operations (such as operations in tight gas wells and hydraulic fracturing operations) in oilfields. Although multimode fibers have a lower range, they can eliminate signal fading. Many of the existing oil wells have deployed distributed temperature sensing (DTS) systems, which utilize multimode fibers and using DAS systems with existing multimode fibers allow temperature and acoustic measurements with one type of fiber can greatly expand the use of DAS technology. Hence, the market for multimode fibers is expected to witness faster growth during the forecast period compared to single-mode fibers.
Hardware component to hold largest share of DAS market in 2020
There are two primary hardware components used in a DAS system: optical fiber cable and interrogator unit. The interrogator unit is much more expensive compared to fiber-optic cables if the overall hardware cost is taken into account. DAS systems being used to monitor large distances in thousands of kilometers require the deployment of several interrogator units as well as optical fiber cables to cover such large distances. Hence, the hardware component is expected to hold the largest share of the DAS market during the forecast period compared to the market for visualization software and services.
Americas to hold largest share of DAS market in 2020
The DAS market is dominated by the Americas, with North America contributing to the majority share of the market compared to South America. North America comprises of the US, Mexico, and Canada. The presence of major players in the region, such as Schlumberger (US) and Halliburton (US) is one of the key drivers for the demand for DAS systems in this region. The increase in shale gas exploration and hydraulic fracturing activities has boosted the growth of the oil & gas industry in the region. For instance, according to the US Energy Information Administration (EIA), hydraulic fracturing accounted for more than 50% of the crude oil production in the US and its share has been increasing since then. Along with the oil wells, North America has a widespread network of pipelines to transport oil across various regions. In South America, Venezuela and Brazil dominate the oil production in the region. In South America, oil & gas export activities are an important economic driver for most countries in the region. For instance, according to the Organization of the Petroleum Exporting Countries (OPEC), Venezuela's oil revenues account for about 99% of its export earnings.
The Americas are expected to be one of the most affected markets for DAS systems due to COVID-19. In North America, the US and Canada account for the world's largest and third-largest network of oil & gas pipelines, respectively. In oil wells, both hydraulic fracturing and offshore drilling activities will likely be put on hold due to a decrease in oil prices, which will affect the potential installation of DAS systems. In addition, most South American countries are heavily dependent on oil & gas exports for the growth of their economy. Hence, a decrease in oil production will also have an adverse effect on the DAS market due to the fall in the GDP.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
3.1 Realistic Scenario
3.2 Optimistic Scenario
3.3 Pessimistic Scenario
4 Premium Insights
4.1 Attractive Opportunities in Das Market
4.2 Das Market, by Fiber Type
4.3 Das Market, by Component
4.4 Das Market in North America, by Industry and by Country
4.5 Das Market, by Country
5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing Deployment of Das Systems in Oil & Gas Industry Due To Digitization
5.3.1.2 Increasing Adoption of Das Systems for Perimeter and Border Surveillance
5.3.2 Restraints
5.3.2.1 Technical Issues and Cost Constraints Associated With Deployment of Optical Fiber Cables and Interrogators
5.3.3 Opportunities
5.3.3.1 Inherent Advantages of Das Systems Leading to Use in New and Unconventional Applications
5.3.3.2 Use of Distributed Temperature Sensing Systems Along With Das Systems
5.3.3.3 Monitoring of Abandoned Oil & Gas Wells Using Existing Das Systems
5.3.4 Challenges
5.3.4.1 Interoperability Issues With Complex Data Sets and Visualization Software
5.3.4.2 Data Storage Issues in Das Systems
5.3.4.3 Lack of Standards and Guidelines for Das Equipment
5.3.4.4 Difficulty Faced by Das Manufacturers in Clearing Their Current Inventory Due to Covid-19 Pandemic
5.4 Value Chain Analysis
6 Distributed Acoustic Sensing (Das) Market, by Component
6.1 Introduction
6.2 Hardware
6.2.1 Optical Fiber
6.2.1.1 Optical Fibers Act as Sensors in Das Systems
6.2.2 Interrogator Unit
6.2.2.1 Interrogator Units Utilize Rayleigh Backscatter Phenomenon for Das Applications
6.3 Visualization Software
6.3.1 Visualization Software Helps in Observing Various Events Detected by Das Systems
6.4 Services
6.4.1 Installation
6.4.1.1 Installation of Das System Requires Long Period of Time and Capital Investment
6.4.2 Maintenance
6.4.2.1 Das Systems Generally Require Minimal Maintenance Throughout Their Lifetime
6.5 Impact of Covid-19 on Various Components of Das Systems
6.5.1 Most Impacted Component
6.5.2 Least Impacted Component
7 Distributed Acoustic Sensing (Das) Market, by Fiber Type
7.1 Introduction
7.2 Single-Mode Fibers
7.2.1 Single-Mode Fibers Are Intended for Long-Distance Applications
7.3 Multimode Fibers
7.3.1 Multimode Fibers Are Intended for Short Haul Communications
7.4 Impact of Covid-19 on Fiber Optic Cable Market
8 Distributed Acoustic Sensing (Das) Market, by Industry
8.1 Introduction
8.2 Oil & Gas
8.2.1 Oilfield Services
8.2.1.1 Production
8.2.1.1.1 Production Services Using Das Technology Help in Maintaining Wellbore Integrity
8.2.1.2 Completion
8.2.1.2.1 Das Systems Provide Real-Time Monitoring of Fracture Treatment Operations
8.2.1.3 Evaluation
8.2.1.3.1 Borehole Seismic Evaluation Using Das Can Help in Obtaining Higher Returns
8.2.2 Pipeline Integrity
8.2.2.1 Leak Detection
8.2.2.1.1 Das Systems Can Detect Leaks and Ruptures in Pipelines With High Accuracy
8.2.2.2 Pipeline Protection
8.2.2.2.1 Das Technology Helps in Detection of Third-Party Intrusion of Pipelines
8.3 Military
8.3.1 Border Surveillance
8.3.1.1 Das Solutions Can Detect Multiple Threats in Real-Time for Border Surveillance Operations
8.3.2 Support Operations
8.3.2.1 Das Systems Are Being Used to Detect Surface and Subsurface Level Threats
8.4 Infrastructure
8.4.1 Das Technology is Being Utilized for Structural Health Monitoring of Civil Infrastructures
8.5 Transportation
8.5.1 Rail
8.5.1.1 Das Systems Act as Continuous Sensors Along Entire Length of Railway Track
8.5.2 Road
8.5.2.1 Das Systems Are Being Utilized for Real-Time Traffic Monitoring in Roads and Highways
8.6 Others
8.6.1 Underwater Asset Management
8.6.1.1 Das Systems Are Deployed for Protecting Underwater Assets Such as Pipelines, Spool Pieces, and Cables
8.6.2 Cable Monitoring
8.6.2.1 Das Systems Can Monitor Overhead and Underground Power Transmission Cables
8.7 Impact of Covid-19 on Various Industries Adopting Das Systems
8.7.1 Highly Impacted Industries
8.7.2 Least Impacted Industries
9 Geographic Analysis
9.1 Introduction
9.2 Americas
9.3 Europe
9.4 APAC
9.5 Row
9.6 Impact of Covid-19 on Das Market in Various Regions
10 Competitive Landscape
10.1 Overview
10.2 Ranking of Top 5 Companies
10.3 Competitive Leadership Mapping
10.3.1 Visionary Leaders
10.3.2 Dynamic Differentiators
10.3.3 Innovators
10.3.4 Emerging Companies
10.4 Strength of Product Portfolio (25 Players)
10.5 Business Strategy Excellence (25 Players)
10.6 Competitive Situations and Trends
10.6.1 Partnerships and Collaborations & Joint Ventures
10.6.2 Contracts and Agreements
10.6.3 Product Launches
10.6.4 Expansions
10.6.5 Acquisitions
11 Company Profiles
11.1 Introduction
11.2 Key Players
11.2.1 Schlumberger
11.2.2 Halliburton
11.2.3 Baker Hughes
11.2.4 Optasense
11.2.5 Future Fibre Technologies
11.2.6 Fotech Solutions
11.2.7 Bandweaver
11.2.8 Hifi Engineering
11.2.9 Omnisens
11.2.10 Silixa
11.3 Right to Win
11.3.1 Schlumberger
11.3.2 Halliburton
11.3.3 Baker Hughes
11.3.4 Optasense
11.3.5 Future Fibre Technology
11.4 Other Key Players
11.4.1 Aragon Photonics
11.4.2 Fibristerre
11.4.3 Febus Optics
11.4.4 Ap Sensing
11.4.5 Senstar
11.4.6 Ziebel
11.4.7 Fibre Completion Services
11.4.8 Ofs
11.4.9 Solifos
11.4.10 T.G. Baker Americas
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