High Returns from Oil & Gas Will Enable Strong Growth in Distributed Fibre Optics Over Next Decade, According to a New Study on ASDReports

Thursday 7 August 2014, Amsterdam

Distributed Acoustic Systems (DAS) are currently changing the way companies find, acquire, and manage, energy resources, says the new report now available on ASDReports. DAS is transforming previously inaccessible reservoirs and depleted environments into rich sources of power, says the report which also covers uses of the technology in industries such as defence, infrastructure and security. This disruption has been particularly pronounced in the North American region, where the recent exploitation of shale oil and gas deposits has evolved alongside fibre optic technological development.  With the global oil price continuing to hover around $100 a barrel, this development is only likely to increase as time goes on, providing greater means for improved oil recovery and further research and development. While this is unlikely to provide many products with applications in other markets such as the critical infrastructure, security, and military streams, the report argues that additional fibre optic technological development in any area will only aid growth in the long run, facilitating an increase on a global expenditure in 2014 of $653.8m according to the company’s calculations.

A detailed analysis of the latest political, economic and technological trends lies at the heart of  quantitative and qualitative analysis of the DAS market. The 334 page report, entitled Distributed Acoustic Sensing Systems (DAS) Market 2014-2024: Fibre Optics for Oil & Gas, Utility, Military, Infrastructure & Security Applications, provides a thorough quantitative and qualitative analysis of the global DAS market, 15 leading national markets, 4 key constituent submarkets within each national market,  and 12 notable companies, along with 273 tables, charts and graphs. 74 contracts are detailed for major ongoing programmes. 247 companies and other organisations are mentioned. The analysis also presents revenues from the DAS market for each company alongside market prospects.

The report also includes a detailed qualitative strengths, weaknesses, opportunities and threats (SWOT) analysis of the DAS market underpinning the forecasts for the period 2014-2024. Distributed Acoustic Sensing Systems (DAS) Market 2014-2024: Fibre Optics for Oil & Gas, Utility, Military, Infrastructure & Security Applications therefore provides an unrivalled level of detail in its analysis of market trends and commercial prospects.

The report’s findings are reinforced by exclusive expert interviews with 9 leading companies involved in the DAS market, including: Baker Hughes, Fotech Solutions, fibrisTerre GmbH, Silixa, OZ Optics, Pruett Tech Inc., POLUS-ST, AP Sensing, and Senstar.

The analyst responsible for the DAS market research summarised its findings:

“The flourishing of the oil & gas industry is continuing to provide significant opportunities for the application of distributed fibre optic products, particularly when it comes to unconventional exploration and improved oil recovery. Indeed, thanks to better and better technology, firms now have the ability to both view existing reservoirs in more effective ways, as well as obtain a higher return on investment in new areas of operation. This trend, while providing the most substantial contracts for many fibre-optic companies, is also reinforced by activity in other market verticals, particularly the homeland security and military environments, with private purchases in the former and large public purchases in the latter ensuring input for companies that do not just specialise in oil & gas products.”