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Distributed Acoustic Sensing Market by Fiber Type (Single Mode and Multimode) and Industry Vertical (Military, Oil & Gas, Infrastructure, Telecommunication, Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

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Dec 2019 | 84 Views
 
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Distributed acoustic sensing is an advanced sensing technology that measures the acoustic data continuously in real-time along the entire length of a fiber optic cable. Unlike traditional sensors that rely on discrete sensors measuring at pre-determined points, this type of sensing does not rely upon stationary manufactured sensors but also utilizes the optical fiber. This type of sensing system uses optoelectronic instruments and senses audio signals across the fiber optic length. Further, advancements of distributed acoustic sensing combining with advanced platform for interrogation of reflected photonics along with indulgence of artificial intelligence is expected to increase distributed acoustic sensing market growth during the forecast period. Distributed acoustic sensing has found its application in people hot-tapping pipelines, leaks, perimeter intrusions, moving vehicles, industrial operations, failing mechanical components, and others that generate vibrations with distinct acoustic characteristics. This is expected to increase the demand for distributed acoustic sensing systems during the forecast period.

Distributed acoustic sensing is an advanced technology of the Optical Time Domain Reflectometer (OTDR) system that surveil the Rayleigh backscatter noise signature, as the light is reflected in the optical fiber cable in real-time. It is developed to detect minute changes in the coherent Rayleigh noise structure for every pulse. It makes even the small physical vibration or acoustic signal at a point in the optical fiber creates detectable changes in the Interferometer, an instrument that uses the interference patterns formed by acoustic waves.

Advancement on the quality of optical fiber cable has made monitoring over long distances of laid optical fiber cable possible by single interrogator on a single channel. This enables installation of the DAS monitoring channel in a fast manner than other traditional monitoring technology. In addition, the low deployment price and longer life cycle along with low maintenance requirements are expected to drive the distributed acoustic sensing market growth. Distributed acoustic sensing can be used in harsh environment, which has increased in its demand in the oil & gas industry for investigation, drilling & achievement, and construction & reservoir administration. Once these systems are installed, they provide a range of advantages in monitoring the production for a long period, which is expected to foster the growth of the distributed acoustic sensing market during the forecast period. The demand in the oil & gas industry is anticipated to increase in the coming future which needs the exploration of fossil fuels that are not taped giving the projection for future growth of the distributed acoustic sensing industry. The advancements of optical fiber cable enhances its physical properties inside making the fiber stronger, which is also anticipated to provide the edifying effect to the distributed acoustic sensing market.

The market of distributed acoustic sensing is segmented on the basis of fiber type which is further categorized as single mode and multimode. On the basis of industry vertical, it is further categorized into military, oil & gas, infrastructure, telecommunication, transportation, and others. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

Top players operating in the global market of Distributed Acoustic Sensing Halliburton Co., Schlumberger Limited, Omnisens SA, Baker Hughes Inc., Fotech Solutions Ltd., Silixa Ltd., Qintiq Group PLC., Future Fiber Technologies Ltd., Banweaver, and Hifi Enginnering Inc. These players use several growth strategies such as product development and acquisition to increase their market share.

KEY BENEFITS FOR STAKEHOLDERS

  • This study includes the analytical depiction of the global distributed acoustic sensing market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information regarding the key drivers, restraints, and opportunities.
  • The current market is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

KEY MARKET SEGMENTS

By Type

  • Single Mode
  • Multimode

By Industry Vertical

  • Military
  • Oil & Gas
  • Infrastructure
  • Telecommunication
  • Transportation
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 
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