Research and Markets has announced the addition of the ‘Distributed Acoustic Sensing (DAS) Market by Fibre Type, by Vertical and by Geography – Global Forecast to 2015 - 2020’ report to their offering.
DAS involves the use of optoelectronic devices to detect acoustic energy by employing an optical fibre, which functions as a sensing element. The distributed acoustic sensing technology allows for continuous acoustic energy monitoring at all points along an optical fibre cable. The technology has the capability to detect the change, pin point the location of disturbance, and identify its nature. This allows for detection of the cause of the disturbance, even if the event causing the disturbance is not in direct contact with the fibre optic cable.
The growing market
Over the last decade, there has been a steady growth in the distributed acoustic sensing market. Drivers propel the growth of this market – the ability of the systems to operate in harsh working environments. DAS equipment is not susceptible to electromagnetic interference, and is resistant to corrosion in humid conditions. Furthermore, the ability of DAS technology to provide key data, which helps to optimise oil and gas operations, is also acting as a driver for the market. Developing standards and guidelines for DAS equipment is a challenge faced by vendors in this market.
The DAS market is expected to be worth US$440.2 million by 2020, growing at a CAGR of 11.78% between 2015 and 2020. Oil and gas is the major vertical in the distributed acoustic sensing market, followed by infrastructure and fire detection. DAS helps in pipeline integrity management by detecting leakages and third party activities that may damage the pipelines. In oilfield services, DAS is used in evaluation, completion, and production activities and helps in cost optimisation. As per the geographic analysis, the US is the market leader. APAC region is expected to grow the fastest during the forecast period.
Edited from various sources by Stephanie Roker
Read the article online at: https://www.worldpipelines.com/business-news/15092015/das-market-by-fibre-type-by-vertical-and-by-geography-global-forecast-to-2015-2020/