Distributed acoustic sensing (DAS) utilizes fiber optic cables for real-time monitoring of acoustic/seismic activities in various fields like oil & gas pipelines, rail transportation, environmental, and border/perimeter security. DAS finds applications in detecting hydrocarbon leaks, third-party intrusions, pipeline corrosion, and tampering. It provides enhanced spatial resolution, sensitivity, and accuracy over conventional monitoring techniques. The global DAS Market is estimated to be valued at US$ 701.1 Mn in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing need for perimeter security and pipeline surveillance is one of the major drivers boosting the DAS market growth. With increasing terrorist activities and illegal oil tapping, there is a rising demand for real-time monitoring solutions along pipelines and borders. DAS technology offers distributed monitoring over tens of kilometers with highresolution localization capability. It can detect any acoustic anomalies occurring underground or along the perimeter and immediately trigger an alert. The enhanced surveillance awareness allows timely intervention and helps curb revenue losses due to theft or sabotage activities. The key advantages of long-range penetration and tamper-proof operations are prompting critical infrastructure and security agencies to adopt DAS-based monitoring widely.
Segment Analysis
The global distributed acoustic sensing (DAS) market size is dominated by the oil & gas sub-segment. This is because DAS technology allows oil and gas companies to monitor their pipelines and facilities for any leaks or intrusions over long distances with high sensitivity. DAS systems are able to detect even minute vibrational changes caused by micro seismic events or intrusions in underground facilities. This helps oil and gas companies improve safety and security of their critical infrastructure.
Key Takeaways
The global distributed acoustic sensing (DAS) market is expected to witness high growth over the forecast period of 2023 to 2030.
Regional Analysis: North America is currently the largest and fastest growing regional market for DAS. This is due to the extensive oil and gas pipeline networks in countries like the US and Canada. DAS technology is widely adopted by major oil and gas players in the region to strengthen monitoring and security of their pipeline infrastructure. Moreover, supportive regulatory policies regarding asset integrity and cybersecurity of critical infrastructure further boosts the demand for DAS systems in North America.
Key Players: Key players operating in the distributed acoustic sensing (DAS) market are Lepu Medical Technology (Beijing) Co.,Ltd., Render Biotech Co., Haemonetics Corporation, TA Instruments, HemaCore LLC, Xenometrix AG, Framar Hemologix srl, Instrumentation Laboratory, Medirox AB, Diagnostica Stago, Life Diagnostica, SYCOmed e.K., Nordic Biomarker, and Shenzhen Ultra-Diagnostics Biotec. Co., Ltd.
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