Distributed Acoustic Sensing Market Poised for Strong Growth
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Distributed acoustic sensing (DAS) utilizes fiber optic cables for real-time monitoring of acoustic/seismic activities in various fields like oil & gas pipelines, rail transportation, environmental, and border/perimeter security. DAS finds applications in detecting hydrocarbon leaks, third-party intrusions, pipeline corrosion, and tampering. It provides enhanced spatial resolution, sensitivity, and accuracy over conventional monitoring techniques. The global DAS Market is estimated to be valued at US$ 701.1 Mn in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing need for perimeter security and pipeline surveillance is one of the major drivers boosting the DAS market growth. With increasing terrorist activities and illegal oil tapping, there is a rising demand for real-time monitoring solutions along pipelines and borders. DAS technology offers ...