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Distributed Acoustic Sensing (DAS) Market, By Application (Oilfield Services, Pipeline Management, Security & Surveillance and Transport) by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027<br>
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DISTRIBUTED ACOUSTIC SENSING MARKET ANALYSIS Distributed Acoustic Sensing (DAS) Market, By Application (Oilfield Services, Pipeline Management, Security & Surveillance and Transport) by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Market Insight- Global Distributed Acoustic Sensing (DAS) Market Distributed acoustic sensing is a technology that facilitates real-time monitoring of pipelines and wells, in order to provide vital information to customers in various challenging circumstances. The basic principle of working of DAS us Rayleigh scattering and is used to determine acoustic strain signals over long distances. This virtually and effectively turns optic fiber into a series of microphones. Thereafter, the data is acquired advanced processing techniques such as frequency filtering, time and depth domain stacking, are employed to obtain information for a wide variety of applications..
Market Dynamics- Drivers • Growing demand for energy worldwide is expected to increase the adoption of DAS and drive growth of the global distributed acoustic sensing (DAS) market during the forecast period • High capabilities of DAS sensors to withstand critical environmental conditions are expected to propel the global distributed acoustic sensing (DAS) market growth over the forecast period
Market Dynamics- Restraint • Constantly depreciating oil prices is expected to restrain growth of the global distributed acoustic sensing (DAS) market • Low signal-to-noise ratio of DAS sensors is expected to hinder the global distributed sensing (DAS) market growth over the forecast period
Market Opportunities • Growing adoption in energy and power sector to present lucrative business opportunity • Constant developments in offshore infrastructure are expected to pose lucrative business opportunity
Market Trends • Implementation of DAS in various industry verticals other than oil & gas industry • Focus on tackling challenges related to volume of data
Competitive Section • Key players operating in the global distributed acoustic sensing (DAS) market are Halliburton Co., Hifi Engineering Inc., Silixa Ltd., Schlumberger Limited, Banweaver, Omnisens SA, Future Fibre Technologies Ltd., Baker Hughes, Inc., Qintiq Group PLC, and Fotech Solutions Ltd.
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