Global Distributed Acoustic Sensing Market 2016-2020 - High Tolerance for Extreme Environment a Key Market Driver - Research and Markets
Research and Markets (http://www.researchandmarkets.com/research/33rs5t/global)
has announced the addition of the "Global
Distributed Acoustic Sensing Market 2016-2020" report to their
offering.
The global DAS market to grow at a CAGR of 10.03% during the period
2016-2020.
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.
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%.
Growing importance of DAS in border surveillance and security is the
major trend in the market. DAS can offer a low-cost and high-reliability
construction detection and other monitoring applications, with
communications and power services needed only every 80-100 km. The
technology is gaining importance in worldwide security operations by
detecting border threats with few nuisance alarms.
According to the report, the high tolerability of distributed acoustic
sensors toward extreme temperature has made these sensors easily
adaptive for use in harsh and severe temperature conditions. The
increasing oil and gas exploration and drilling activities in the
Americas and EMEA will lead to increasing need for distributed acoustic
sensors in these regions.
Further, the report states that the lack of standards and guidelines for
distributed acoustic sensors is hindering their adoption
To calculate the market size, the report considers revenue
generated from the usage of distributed acoustic sensors in the
following customer segments:
- Oil and gas
- Defense
- Infrastructure
- Transportation
Key vendors
- Halliburton
- Omnisens
- Schlumberger
- Silixa
- Ziebel
Other prominent vendors
- AP Sensing
- fibrisTerre
- Fotech Solutions
- OptaSense
- Optellios
- OZ Optics
- POLUS-ST
- Pruett Tech
For more information visit http://www.researchandmarkets.com/research/33rs5t/global
View source version on businesswire.com: http://www.businesswire.com/news/home/20160215005275/en/
Copyright Business Wire 2016
Source: Business Wire
(February 15, 2016 - 7:24 AM EST)
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