Distributed Acoustic Sensing (DAS) Market: Trends, Share, Analysis and Key Players by 2030

The global distributed acoustic sensing (DAS) market is estimated to grow from USD 462 million in 2020 to USD 792 million by 2025; it is expected to grow at a CAGR of 11.4%.

With increased digitization in the oil & gas industry, fiber optic sensing technology such as DAS technology has proven itself over the past decade. DAS systems are primarily used for downhole and pipeline monitoring in the oil & gas industry. Given the critical nature of monitoring operations in the oil & gas industry, DAS systems continue to hold significant importance in this field. This has led to the deployment of DAS systems in other industries such as military, infrastructure, and transportation, which is helping in propelling the growth of the market.

Major companies in the distributed acoustic sensing market are Schlumberger (US), Halliburton (US), Baker Hughes (US), OptaSense (UK), Future Fibre Technologies (Australia), Fotech Solutions (UK), Bandweaver (China), Hifi Engineering (Canada), Omnisens (Switzerland), and Silixa (UK). Apart from these, ofs (US) and Fibre Completion Services (Canada) are among a few emerging companies in the DAS market.

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Schlumberger (US) is one of the world’s leading providers of technologies for reservoir characterization, drilling, production, and processing for the oil & gas industry. It is one of the major suppliers of components (such as drills, sensors, and other electronic components adopted in oil & gas industry), integrated project management, and information solutions to the oil & gas exploration and production industry worldwide. Schlumberger operates through 4 business segments, namely, Reservoir Characterization, Drilling, Production, and Cameron.

Schlumberger operates in more than 85 countries across North America, South America, Europe/Commonwealth of Independent States (CIS)/Africa, the Middle East, and Asia. A few subsidiaries of Schlumberger include Schlumberger Antilles NV (Curacao), Schlumberger B.V. (Netherlands), OneSubSea SARL (Luxembourg), Schlumberger SA (France), Cameron International Corporation (US), and Schlumberger Oilfield Holdings Limited, BV (Netherlands).

OptaSense is a wholly-owned subsidiary of QinetiQ (UK), a leading science and engineering company operating in the defense, security, and aerospace markets. QinetiQ initially contributed to the early development of DAS technology along with OptaSense. OptaSense provides fiber optic solutions to deliver real-time insights for industries. The company provides solutions for pipelines, oil & gas (hydraulic fracture profiling, production monitoring, borehole seismic acquisition, and seismic processing), perimeters, borders, transportation, and power & utilities.