Uploaded on Sep 11, 2024
Rise in need for protecting existing energy infrastructure and resources in developed nations along with increased pipeline infrastructure is driving the growth of the global energy security market.
Energy Security Market Overview: Key Players, Innovations, and Regional Insights
Application Security
Market Overview
The global energy security market size was valued at $15.6
billion in 2021, and is projected to reach $42 billion by 2031,
growing at a CAGR of 10.5% from 2022 to 2031.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 Research
𝐑𝐞𝐩𝐨𝐫𝐭
Energy security refers to the uninterrupted availability of energy
sources at an affordable price. It encompasses the ability of a
country or region to reliably access energy supplies that meet its
needs, while mitigating risks associated with energy disruptions,
such as supply shortages, price volatility, geopolitical tensions, and
natural disasters. The Energy Security Market is expected to
experience significant growth due to rising concerns over energy
infrastructure vulnerabilities, geopolitical instability, and increasing
threats of cyberattacks on critical energy facilities.
Covid-19 Impact
The COVID-19 pandemic negatively impacted market
growth, but recovery was expected by Q3 2022, driven by
significant investments in advanced technologies like IoT, AI,
and cloud, along with government initiatives such as smart
cities in Asia-Pacific regions, particularly China and India. As
the pandemic was brought under control, industries like
retail, manufacturing, and automotive saw increased
investments, especially in energy security solutions, creating
opportunities for digitization and business expansion. Public
and private collaboration to create shared ecosystems for
data under common regulatory and cybersecurity
frameworks is expected to further boost market growth.
Energy Security Market
Segments
By Power Plant
• Thermal and
By hydro By Technology
Component • Nuclear
•
• Oil and gas Physical Security
• Solution •• Renewable Network Security
• Services Energy
Energy Security Market Regional Analysis
• North America (U.S., Canada, Mexico)
• Europe (France, Germany, Italy, Spain, UK, Russia, Rest of
Europe)
• Asia-Pacific (China, Japan, India, South Korea, Australia,
Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
• LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest
of LAMEA)
Key
Players
ABB Ltd.
AEGIS Security & Investigations
BAE Systems plc
Elbit Systems Ltd.
Thales
Teledyne FLIR LLC
Honeywell International Inc
hexagon ab
Lockheed Martin Corporation
Siemens AG
Contact Us
David Correa
1209 Orange Street
Corporation Trust Center
Wilmington
New Castle
Delaware 19801
USA Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]
Thank
You
Comments