Frost & Sullivan study on Global oil & gas infrastructure security Market


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Oil and gas companies prefer integrated and flexible solutions that offer comprehensive protection, finds new Frost & Sullivan market analysis - Executive Summary of the study

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Frost & Sullivan study on Global oil & gas infrastructure security Market

  1. 1. Global Oil and Gas Infrastructure Security Market AssessmentGrowing Threats Continue to Drive Oil and Gas Infrastructure Security Expenditure M83D–23 November 2012
  2. 2. ContentsSection Slide Numbers Executive Summary 6 Market Overview 10 Total Oil and Gas Infrastructure Security Market • External Challenges: Drivers and Restraints 32 • Forecast and Trends 40 • Competitive Assessment 47 Regional Analyses • North and Central America 56 • Africa 61 • Middle East 66 • Asia Pacific 71 • South America 76 • Europe 81 Country Analyses • United States 86M83D–23 2
  3. 3. Contents (continued)Section Slide Numbers • Canada 92 • Mexico 98 • Trinidad and Tobago 102 • China 106 • Kazakhstan 113 • Indonesia 117 • India 121 • Australia 127 • Russia 132 • Norway 137 • Azerbaijan 142 • Denmark 146 • The United Kingdom 150 • Saudi Arabia 155 • Iran 160M83D–23 3
  4. 4. Contents (continued)Section Slide Numbers • Iraq 165 • United Arab Emirates 170 • Kuwait 175 • Brazil 180 • Venezuela 185 • Colombia 190 • Argentina 195 • Ecuador 199 • Algeria 203 • Angola 208 • Libya 213 • Nigeria 217 • Egypt 222 The Last Word 227 Appendix 230M83D–23 4
  5. 5. Executive SummaryM83D–23 5
  6. 6. Executive Summary• Increasing infrastructure developments in oil and gas sector and evolving threats to critical infrastructures will drive the Global oil and gas infrastructure security market.• Upstream segment in oil and gas will provide maximum opportunities to suppliers of security systems due to increase in exploration and production activity globally.• North America will offer greatest opportunity in security followed by Asia Pacific. Middle East and Asia Pacific regions will see maximum need for security in downstream segment.• South America will experience greatest growth in security spending followed by Middle East and Asia pacific• Surveillance will continue to dominate the oil and gas infrastructure security market while cyber security will have the highest growth rate• Oil and gas companies globally are moving towards integrated command and control solutions for protection of their critical facilities• Pipeline monitoring and surveillance along with pipeline leak detection systems are in great demand globally with increasing pipeline construction.• Total oil and gas infrastructure security market is expected to increase from $18.31 billion in 2011 to $31.27 billion by 2021 M83D–23 6
  7. 7. Executive Summary—Market Engineering Measurements Market Overview Total Oil and Gas Infrastructure Security Market: Global, 2011 Compound Degree of Market Size for Market Market Stage Annual Growth Technical Last Year of Revenues Rate Change Study Period Growth $ 18.31 B 5.5 % 7 $ 31.27 B (2011) (2011-2021) (scale:1 [low] to 10 [High]) (2021) For a tabular version click here.Decreasing Stable Increasing Note: All figures are rounded. The base year is 2011. Source: Frost & Sullivan analysis. M83D–23 7
  8. 8. Executive Summary—CEO’s Perspective Oil and Gas companies will invest heavily in 1 cyber security after the recent attacks on energy facilities. North America and Middle East oil and gas 2 operators have stressed the maximum need for cyber security. Integrated command and control solutions are being preferred over individual 3 surveillance, perimeter security and access control to cut down on maintenance and operating costs. Increase in demand for security consultants for conducting threat and risk assessments 4 and implementing a complete security management program. Increase in demand for Pipeline monitoring 5 and leak detection solutions to support the oil and gas distribution networks. Source: Frost & Sullivan analysis.M83D–23 8
  9. 9. Market OverviewM83D–23 9
  10. 10. Market Overview—DefinitionsThis research service will assess the global oil and gas infrastructure security market by identifying the keytrends and opportunities for suppliers of security systems worldwide. It will identify the ongoing andupcoming projects in the upstream and downstream segment of oil and gas and study the countries withhigh growth potential in this market. The scope of the study ranges across: • Access control systems • Command and Control • Security Services • Surveillance • Screening & Detection • Perimeter Security • Cyber SecuritySecurity of oil and gas infrastructures remains the topmost priority for the global energy industry. Increasein global demand for oil and gas, followed by construction of new oil and gas facilities have led to growth inthe security market. Any disruption in operations of a major oil and gas facility due to accident or a terroristattack can have serious consequences on the global economy. Oil and gas industry is most vulnerable toterrorist attacks due to its strategic nature and the impact it can have globally. The complete value chainranging from exploration, production, refining, pipeline transport to distribution is at risk of such attacks.Similar incidents in the past have generated security awareness, which has increased the adoption oflatest technology and security solutions throughout the global oil and gas facilities. Source: Frost & Sullivan analysis.M83D–23 10
  11. 11. Market Overview—Key Questions This Study Will Answer What are the key upcoming oil and gas infrastructure projects globally where there will be security requirements ? How is the market growth in each segment in various regions globally? What are the market trends for each segment and who are the key competitors ? Which region has the maximum growth potential in oil and gas infrastructure security? What are the deployable security capabilities in oil and gas infrastructures? Which segment enjoys the greatest growth in oil and gas infrastructure security? Source: Frost & Sullivan analysis.M83D–23 11
  12. 12. Market Overview—Segmentation Per cent Sales Breakdown Total Oil and Gas Infrastructure Security Market: Global, 2011 Cyber Security 7.0% Security Services 18.0% Perimeter Security 13.0% Access Control Command & Control 10.0% 14.0% Surveillance 21.0% Screening & Detection 17.0% Note: All figures are rounded. The base year is 2011 Source: Frost & Sullivan analysis.M83D–23 12
  13. 13. Market SegmentationAccess Control Screening and Detection• Biometrics, fingerprint access • Explosive detection• RFID smart cards • CBRN detection• Card readers, key pads • X-ray and microwave screening • Fire and gas detectionSurveillance • Leak detection• Radars, sonars, Unmanned aerial systems Command and Control• IP-based cameras, infrared cameras, video motion detection • Command and control centres• Video content analysis • Radio, interphone, public address and alarmPerimeter Security communication • Multi service communication, fiber optic,• Fencing, surveillance satellite communication• Seismic sensors, pressure sensors Cyber Security• Intrusion detection alarms, warning devicesSecurity Services • Firewalls, secure authentication, deep packet inspection, SCADA security• Personnel, security forces • Identity and access management• Risk assessment • Network intrusion detection—anomaly and• Security risk management, security consulting signature basedM83D–23 13
  14. 14. Research Team Lead AnalystAnshul SharmaSenior Research Analyst, Aerospace andDefence Research Director Strategic Review Committee LeaderBalaji Srimoolanathan Steven WebbProgramme Manager, Aerospace and Defence Vice President, Aerospace, Defence and Security steven.webb@frost.comM83D–23 14