Press release
Distributed Acoustic Sensing (DAS) Market To Reach US$ 953.1 Million by 2027 | CAGR Of 11.2%
Distributed Acoustic Sensing Market
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Global Distributed Acoustic Sensing (DAS) Market Trends:
The global market is majorly driven by significant growth in the transportation industry. Along with this, the increasing deployment of distributed acoustic sensing (DAS) systems over traditional sensing systems for sound waves on account of its numerous advantages, such as lower cost, easier installation process, and relatively slim cable, this is significantly supporting its demand on the global level. In addition to this, the rising utilization of fiber optic-based products in several upstream, midstream, and downstream applications across the oil and gas industry is positively influencing the market. Moreover, the increasing development of improved quantitative data analysis systems that offer higher processing speeds for data interpretation is creating a positive market outlook. Some of the other factors driving the market further include rapid industrialization, extensive research and development (R&D) activities, and the growing adoption of supervisory control and data acquisition (SCADA).
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Global Distributed Acoustic Sensing (DAS) Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
• Baker Hughes
• Bandweaver
• Halliburton Company
• Hifi Engineering Inc.
• Future Fibre Technologies
• Fotech Group Ltd.
• Omnisens S.A.
• Optasense (QinetiQ)
• Schlumberger, Silixa Ltd.
• Ziebel
Breakup by Component:
• Hardware
• Software
• Services
Breakup by Fiber Type:
• Single-Mode Fiber
• Multi-Mode Fiber
Breakup by End Use Industry:
• Oil and Gas
• Defense
• Infrastructure
• Transportation
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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