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Distributed Acoustic Sensing Market To Demonstrate Massive Growth With A CAGR of 11.5% By 2025 | Grand View Research, Inc.

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Distributed Acoustic Sensing Market To Demonstrate Massive Growth With A CAGR of 11.5% By 2025 | Grand View Research, Inc.

April 19
18:45 2021
Distributed Acoustic Sensing Market To Demonstrate Massive Growth With A CAGR of 11.5% By 2025 | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a recent report published by Grand View Research Inc., the Distributed Acoustic Sensing (DAS) system has emerged as a passive sensing technology used for detecting sound signals.

The global distributed acoustic sensing market size is expected to reach at USD 775.8 million by 2025 to expand at CAGR of 11.5%. Distributed acoustic sensing system has replaced the production logging tools for the measurement of injection flow performance or downhole production. It uses a digital optoelectronics detection technique which can acquire the phase and amplitude of the generated and propagated sound waves in a wellbore. It can process a large array of acoustic data to monitor the inflow at multiple zones. Since the traditional production logging tool doesn’t acquire the well surveillance data due to the high costs along with significant operational risks, distributed acoustic sensing applications have evolved as a better alternative.

DAS technology has more advantages than traditional sensing systems for sound waves, such as relatively slim cable, lower cost, and easier installation process. DAS systems can measure the complete vertical coverage of a well without any fiber movement. Therefore, it ensures data continuity due to its thin cable. The economic benefits of distributed acoustic sensing are anticipated to create growth opportunities for the market in the forthcoming years. 

Distributed Acoustic Sensing Market Report Highlights

 The significant surge in the deployment of optical fiber sensors in oil and gas industries will create a massive potential for the distributed acoustic sensing market

Market players are focusing on providing optical fiber acoustic sensors for wellbores, which offers long-distance data transmission for subsea and downhole

Key market players are considering partnerships and acquisitions of startups providing innovative products to expand their outreach in the market

Request for Sample Pages @ https://www.grandviewresearch.com/industry-analysis/distributed-acoustic-sensing-market/request/rs1

Distributed Acoustic Sensing Market Segmentation

Grand View Research has segmented the global distributed acoustic sensing market based on fiber type, vertical, and region:

Distributed Acoustic Sensing Fiber Type Outlook (Revenue, USD Million, 2014 – 2025)

     Single-mode Fiber
     Multimode Fiber

Distributed Acoustic Sensing Vertical Outlook (Revenue, USD Million, 2014 – 2025)

     Oil & Gas
     Power & Utility
     Security & Surveillance
     Environment & Infrastructure
     Transportation
     Others

Distributed Acoustic Sensing Regional Outlook (Revenue, USD Million, 2014 – 2025)

     North America
        • U.S.
        • Canada
        • Mexico
     Europe
        • Germany
        • The U.K.
        • France
     Asia Pacific
        • China
        • India
        • Japan
    • South America
        • Brazil
     Middle East & Africa

List of Key Players of Distributed Acoustic Sensing Market

    • OptaSense
    • Schlumberger Limited
    • Baker Hughes
    • GE Company LLC
    • Future Fibre Technologies
    • Omnisens
     Silixa Ltd
    • Fotech Solutions Ltd
     Grumman Corporation
    • Ziebel
    • Northrop

Speak to Analyst @ https://www.grandviewresearch.com/inquiry/6983/ibb

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About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/distributed-acoustic-sensing-market


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