Exploration & Drilling Security Industrial and Market studies - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2016 - 2020
"Exploration
& Drilling Security Market - Global Industry Analysis, Size,
Share, Trends, Analysis, Growth and Forecast 2014 - 2020"
The Report covers current Market Trends, Worldwide Analysis, Global
Forecast, Review, Share, Size, Growth, Effect.
Description-
The
increasing challenges for exploration companies to operate in a
challenging environment has led to the development of exploration and
drilling security market. Rising production in offshore locations and
unconventional sources has led the major exploration companies to
invest in drilling and production activities. Many major companies
are expanding their present infrastructure in less developed regions,
thus security concerns increases with the increasing infrastructure
development. To cater the rising security issues and the threat of
attacks, many technology developers are heavily investing in
exploration and drilling security market. Attacks on supply
infrastructure, terrorist attacks and unnatural disasters are some of
the major concerns which have forced the major exploration companies
to invest in this market. The market for exploration and drilling
security is expected to rise at a substantial pace in the future
owing to rising security issues.
Increasing expenditure of exploration companies in infrastructure
development and expansion of exploration sites are the major drivers
encouraging investment in exploration and drilling security market.
With rising investment in infrastructure development the major
exploration companies have also started investing in the security
market for safe operations at these sites. The increasing drilling
activities in politically unstable areas such as Africa and Middle
East are also a major driver bolstering the exploration and drilling
security market. The political situations in these regions is not
stable, thus the exploration companies operate in an unstable
environment which forces these companies to invest in the security
market. However, all the major hydrocarbon discoveries, especially
the offshore discoveries, are located at distinct areas which make it
difficult for the companies to implement a central comprehensive
security system. This security implementation problem may act as a
restraint in further growth of exploration and drilling security
market. Increasing security regulations and mandatory standards in
major oil and gas producing regions of the world provide an
opportunity for the growth of the market in future.
The market for exploration and drilling security can be segmented
into two broad categories depending on technology solutions
implemented in this market. Network security and physical security
are the two major areas in the exploration and drilling securities
market. Network security can further be segmented as firewall
protection, incident response and disaster recovery system, SCADA
network security, security information and event management system.
Physical security market can also be further categorized as microwave
detectors, radar and thermal imaging, fiber optic sensors, acoustic
systems, alarms, sonar systems, personnel tracking and RFID. The
market for exploration and drilling security can also be segmented
based on professional services as risk management services and system
design and integration services.
Africa is the major potential segment for the growth of the
exploration and drilling security market. The political unstable
environment of this region and increasing offshore drilling
activities in this region are the major factors driving exploration
companies to invest in the securities market. Middle East and South
America are also prospective regions which are investing heavily in
exploration and drilling security market. Increasing drilling
activities from unconventional sources in North America has also
encouraged technology developers to provide security solutions in
this region.
Some of the major companies operating in the exploration and drilling
security market are Lockheed Martin Corporation, Siemens AG, Cisco
Service, Waterfall Security Solutions and Honeywell International,
Inc.
This research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons for Buying this
Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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