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(MoneyNewsWire.Net, August 17, 2016 ) Description-
About Distributed Acoustic Sensing
In 2015, the oil and gas sector was the highest contributor to the overall market, with a 53.73% market share. The oil and gas industry is a growing industry with increasing demands for unconventional resources and is expected to increase its market presence in the global market.
The oil and gas industry is likely to continue to dominate the market during the forecast period. However, the defense sector is expected to grow at a similar pace during the forecast period. In terms of geographical revenue contribution, the Americas dominated the global DAS market in 2015, accounting for a share of 44.8%.
Technavios analysts forecast the global DAS market to grow at a CAGR of 10.03% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global DAS market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the usage of distributed acoustic sensors in the following customer segments:
Oil and gas
Defense
Infrastructure
Transportation
Technavio's report, Global Distributed Acoustic Sensing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Halliburton
Omnisens
Schlumberger
Silixa
Ziebel
Other prominent vendors
AP Sensing
fibrisTerre
Fotech Solutions
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OptaSense
Optellios
OZ Optics
POLUS-ST
Pruett Tech
Market driver
High tolerance for extreme environment
For a full, detailed list, view our report
Market challenge
Lack of standards and guidelines
For a full, detailed list, view our report
Market trend
Seismic downhole measurements
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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