GVR Report cover Distributed Acoustic Sensing Market Size, Share & Trends Report

Distributed Acoustic Sensing Market Size, Share & Trends Analysis Report By Fiber (Single-Mode, Multimode), By Vertical (Oil & Gas, Power & Utility, Security & Surveillance), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-3-68038-939-5
  • Number of Report Pages: 100
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2022
  • Forecast Period: 2024 - 2030 
  • Industry: Technology

Distributed Acoustic Sensing Market Trends

The global distributed acoustic sensing market size was valued at USD 627.9 million in 2023 and is projected to grow at a CAGR of 10.9% from 2024 to 2030. The increasing demand for advanced, reliable, and real-time monitoring systems across various industries such as oil & gas, defense, infrastructure, and transportation is a significant factor. The ability of Distributed Acoustic Sensing (DAS) systems to detect, classify, and locate incidents along the entire length of a fiber optic cable, providing valuable data for decision-making, is another key driver.

Distributed Acoustic Sensing Market Size, By Fiber, 2020-2030 (USD Million)

The technological advancements leading to improved DAS capabilities, such as enhanced sensitivity and range, are expected to fuel the market growth. Furthermore, the growing emphasis on safety and security in industrial operations and infrastructure projects, where DAS systems can play a crucial role, is likely to contribute to the market’s expansion.

In addition, the ongoing investment in research and development by the key companies in the market is expected to contribute to the market growth. These efforts have yielded significant advancements in imaging technologies, such as gamma-ray, X-ray, and neutron-based scanning systems. These systems offer superior detection capabilities, reduced false positives, enhanced resolution, and improved reliability compared to traditional methods. Moreover, stringent government regulations mandating the use of advanced monitoring systems in critical infrastructure projects are anticipated to drive substantial market growth.

Trade restrictions, regulatory hurdles, and complex international trade policies impede the smooth flow of transportation. These obstacles create a substantial opportunity for DAS solutions to optimize logistics operations and enhance supply chain efficiency, thereby driving market expansion.

Fiber Insights

Single-mode fibers accounted for a share of 70.3% in 2023 primarily driven by their extensive use in DAS applications, leveraging their superior long-range communication capabilities of up to 50km. Such characteristics make single-mode fibers the optimal choice for applications demanding extended coverage, such as perimeter/border surveillance and pipeline monitoring, thereby significantly expanding this market segment.

Multimode fibers are expected to grow fastest at a CAGR of 11.9% from 2024 to 2030 owing to the segment's diverse product range, encompassing varying core diameters, transmission characteristics, and other attributes, rendering it suitable for various applications. The emergence of advanced technologies such as graded-index multimode fiber, characterized by extended transmission distances, higher bandwidth capacity, and other superior features, has significantly increased demand. Consequently, these factors are expected to fuel substantial market growth and heightened product demand in the coming years.

Vertical Insights

Oil & Gas vertical accounted for the largest market revenue share of 29.4% in 2023 owing to DAS systems proven to be ideal in long-distance monitoring of inland and offshore oilfields which gives better results such as maximizing the production and cost-effective process. These results have led to heavy investment in DAS systems by oil & gas companies. After the end of the COVID-19 impact and an increasing number of pipeline projects, there is a surge in the demand for the product in this segment, which is growing significantly.

Distributed Acoustic Sensing Market Share, By Vertical, 2023 (%)

The transportation vertical is anticipated to grow at a CAGR of 13.6% from 2024 to 2030. Technological advancements are the primary catalyst for this expansion, as they optimize operational efficiency, mitigate risks, and enhance resource allocation across road, air, rail, and maritime transportation modes. The consequent surge in demand for related products and services is expected to drive significant market growth in the coming years.

Regional Insights

North American distributed acoustic sensing (DAS) market dominated with the revenue share of 33.5% in 2023. pertaining to the surge in demand for real-time monitoring solutions, growing technological advancement, heavy usage of products in industry-specific applications, and increasing investments done by industry players.

Distributed Acoustic Sensing Market Trends, by Region, 2024 - 2030

U.S. Distributed Acoustic Sensing (DAS) Market Trends

The U.S. dominated the North American DAS market with a share of 75.3% in 2023 due to increasing usage of the system to enhance security and surveillance, expanding oil & gas industries, advancement in fiber optics technologies, growing need for critical infrastructure in bridges, tunnels, pipelines and others infrastructures.

Canada distributed acoustic sensing (DAS) market is anticipated to witness the fastest growth in the North American region with a CAGR of 10.1% from 2024 to 2030. The driving forces behind this growth are the Canada’s vast natural landscape and environmental concerns that has been solved by heavy usage of DAS technology by ensuring environmental rules and compliance in sensitive areas, detecting wildlife activities, and assessing seismic risks.

Europe Distributed Acoustic Sensing (DAS) Market Trends

Europe distributed acoustic sensing (DAS) market was identified as a lucrative region in 2023. The factors behind this growth are the opportunities for technological advancement, increasing competition, and demand for cost-effective solutions, which are growing the market significantly in the region.

The UK distributed acoustic sensing (DAS) market is expected to grow rapidly in the coming years due multitude of factors such as the requirement of a specific industry, advancement in the technology, regulatory mandates, cost benefit, security issues, and the emergence of infrastructure development programs have grown the market in the country.

Asia Pacific Distributed Acoustic Sensing (DAS) Market Trends

The Asia Pacific distributed acoustic sensing (DAS) market is anticipated to witness the fastest growth, with a CAGR of 14.7% from 2024 to 2030. The factors behind this growth are attributed to the growing demand for energy, focus on security, infrastructure development, and environmental monitoring, which increases the demand for the product and grows the market significantly in the region.

China Distributed Acoustic Sensing (DAS) market held a substantial market share in the region in 2023 owing to supportive government policies on investing in smart city projects, which has grown the demand for DAS products in various industries. Growing pipeline monitoring demand has also been a major driving force for the growing market in the country.

Key Distributed Acoustic Sensing Company Insights

Some of the key companies in the distributed acoustic sensing (DAS) market include Halliburton, Baker Hughes Company, SLB., FOTECH, and many others companies. Organizations are focusing on increasing customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions, and partnerships with other major companies. 

  • Halliburton is a key player in the Distributed Acoustic Sensing (DAS) market, with a wide range of product offerings such as FiberVSP services, FiberBHS software, and Odasseas subsea fiber optic solutions. These products are used for 4D seismic imaging and in various applications, such as reservoir diagnostics.

  • FOTECH is a significant player in the DAS market, focusing on enhancing the systems according to their customers' trends and evolving needs.

Key Distributed Acoustic Sensing Companies:

The following are the leading companies in the distributed acoustic sensing market. These companies collectively hold the largest market share and dictate industry trends.

  • OptaSense
  • Halliburton
  • SLB.
  • Baker Hughes Company
  • Future Fibre Technologies.
  • Northrop Grumman.
  • FOTECH
  • Omnisens
  • Silixa Ltd
  • Ziebel Design

Recent Developments

  • In April 2024, NASA plans to use Distributed Acoustic Sensing (DAS) systems to measure lunar quakes.

  • In December 2023, Luna Innovations acquired Silixa, a UK-based fiber optic sensing solutios company, to enhance its DAS systems.

Distributed Acoustic Sensing Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 698.6 million

Revenue forecast in 2030

USD 1.30 billion

Growth Rate

CAGR of 10.9% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

Quantitative units

Revenue in USD million and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Fiber, vertical, and region

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Country scope

U.S., Canada, Mexico, Germany, UK, France, China, Japan, India, South Korea, Australia, Brazil, Saudi Arabia, UAE, and South Africa

Key companies profiled

OptaSense; Halliburton; SLB.; Baker Hughes Company; Future Fibre Technologies.; Northrop Grumman.; FOTECH; Omnisens; Silixa Ltd; Ziebel Design

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Global Distributed Acoustic Sensing Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global distributed acoustic sensing (DAS)market report based on fiber, vertical, and region.

Global Distributed Acoustic Sensing Market Report Segmentation

  • Fiber Outlook (Revenue, USD Million, 2018 - 2030)

    • Single-Mode Fiber

    • Multimode Fiber

  • Vertical Outlook (Revenue, USD Million, 2018 - 2030)

    • Oil & Gas

    • Power & Utility

    • Security & Surveillance

    • Environment & Infrastructure

    • Transportation

    • Others

  • Regional Outlook (Revenue, USD Billion, 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

      • France

    • Asia Pacific

      • China

      • Japan

      • India

      • South Korea

      • Australia

    • Latin America

      • Brazil

    • Middle East and Africa (MEA)

      • Saudi Arabia

      • UAE

      • South Africa

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