Distributed Acoustic Sensing (DAS) Market

Market Leadership - Distributed Acoustic Sensing (DAS) Market

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%. Owing to COVID-19, the DAS market is estimated to decline by ~10% for 2019–2020.  DAS systems are increasingly being adopted for new applications due to their various advantages, such as immunity toward electromagnetic interference, high range, and long lifespan. 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.

Although the distributed acoustic sensing (DAS) market is growing at a swift pace, it is increasingly becoming competitive owing to the emergence of a few regional players in the market, as well as major players launching new products and expanding to new regions. Key strategies adopted by these players to enhance their product portfolios, increase their market share, and expand their presence in the market mainly include product launches and partnerships, collaborations, and joint ventures. For instance, in August 2019, Future Fibre Technologies (Australia) introduced the AURA IQ platform for conveyor failure detection using fiber optic cables. The platform is expected to reduce reliance on the costly manual inspection of rollers, which can potentially have thousands of failure points. In July 2019, Fotech Solutions (UK) launched the Helios Quasar interrogator for high-quality seismic imaging at greater well depths. Apart from product launches, market players have also adopted the strategies of partnerships, collaborations, and joint ventures. For instance, in March 2019, Fotech Solutions (UK), in partnership with Sercel (France) launched SigmaWave, a DAS solution dedicated to borehole seismic applications. In November 2017, HiFi Engineering (Canada) collaborated with Plains Midstream Canada (Canada), a solution provider for logistical challenges in the oil & gas industry, and Baker Hughes (US) to develop the Vigilant control room software for Plains Midstream Canada. The software allows for the detection of real-time events, such as leaks, intrusions, and vibrations. In February 2018, Schlumberger (US) and Subsea 7 (UK), a subsea engineering, construction, and services company announced the intent to form a joint venture and collaborate in the field of production monitoring, inspection, maintenance, and repair services for the offshore oil & gas industry. The joint venture was approved by the Administrative Council for Economic Development (CADE) (Brazil) in May 2019.

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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. These business lines provide several services, products, and technologies that cover the entire life cycle of a reservoir and respond to several markets in which the company holds a leading position. The company provides its DAS systems mainly to the oil & gas industry. The company’s portfolio includes a range of distributed measurement technologies for borehole seismic and flow profiling applications. Its suite of distributed fiber-optic sensors is designed and manufactured at the Schlumberger Fiber Optics Technology Center in the UK. In 2016, Schlumberger merged with Cameron (US), which was then worth USD 14.8 billion, to establish a company named OneSubSea (US) to further expand the product offerings of the company. The company offers the WellWatcher Neon DAS system for vertical seismic profiles (VSPs), as well as leak detection and flow properties analysis. The system consists of the hDVS DAS interrogator and the Integriti visualization software. Schlumberger designs, delivers, and supports pipeline surveillance solutions for operators and plants across the world. Its fiber optics distributed technologies provide industry-specific solutions to protect the capital investments of clients through real-time measurement analysis.

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. The company offers 2 interrogator units. The OLA2.1 interrogator unit is used for pipeline integrity and leak detection, and perimeter surveillance and border security, while the ODH-4 interrogator unit is used to monitor seismic events, such as earthquakes and wellbore activities. The company also offers 2 software packages. The OS5 software suite is the fifth iteration of a client-based system for pipeline, border, and perimeter applications, while the DxS is a browser-based software suite for integrating large distributed data to interpret workflows allowing users to filter relevant information. OptaSense has subsidiaries located in the US, Canada, the UK, and the UAE. The company’s solutions have been deployed across 40 countries worldwide.

Related Reports:

Distributed Acoustic Sensing (DAS) Market by Component (Interrogator Units, Visualization Software), Fiber Type (Single-mode Fiber and Multimode fiber), Industry (Oil & Gas, Infrastructure, Transportation), and Region - Global Forecast to 2025

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Report Code
SE 3703
RI Published ON
6/2/2020
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