Analysts Predict Expansion as Global Investment Soars in Pipeline Security Market 2023-2030 with Top Key Players Like Siemens AG, GE, ABB

The market for pipeline security was estimated to be worth USD 9.12 billion in 2022 and is anticipated to grow to USD 16.28 billion by 2030, with a CAGR of 9.45% from 2023 to 2030. Pipeline systems have developed into the main method for conducting business. The need for resource conservation as well as the increasing number of breaches and thefts of trace amounts of the commodity being delivered have given the pipeline security business a boost.

Since the 18th century, the pipeline system has been employed for commercial purposes. Large quantities of natural gas, crude oil, chemicals, and water are transported over national borders using pipelines, which are regarded as the safest, most dependable, and most effective method. An attack on pipeline installations, a crucial piece of infrastructure of high value and importance, might have a negative impact on society's ability to meet people's needs as well as environmental degradation.

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Global Key Players covered in Pipeline Security Market Report are:

Siemens AG, GE, ABB, Silixa, POLUS-ST LLC, Senstar, MODCON, OptaSense, EFOY, FFT, Westminster International, FTP Secure Solutions, Future Fibre Technologies, Key Security, Optellios

Competitive Outlook:

The report notes that the Pipeline Security Market is highly competitive, with various vendors offering innovative products and services. In addition, the report highlights the growing popularity, which are expected to play a major role in the growth of the Pipeline Security Market.

Pipeline Security Market Segments:

Pipeline Security Market Classifies into Types:

Security Systems Based on Access Control

Intrusion Detection

Video Surveillance Systems

Pipeline Security Market Segmented into Application:

Crude Oil Pipelines

Refined Product Lines

Gas Pipelines

Underground Power

Drinking Water

The region's pipeline security market is expanding rapidly as a result of rising oil and gas investments. The technical difficulty of the high-pressure natural gas system and the political unrest in some of the supplier nations are the main causes of the European Union's (EU) past severe gas shortages. The EU is extremely dependent on outside natural gas supplies. Particularly following the Russia-Ukraine gas crisis in January 2009, declining domestic natural gas output and rising gas consumption in the EU have stimulated investments in cross-border transmission capacity to increase resource sharing between the member states.

The installed pipeline for the transportation of goods is thought to cover 120 different nations and 3.5 million kilometres. Pipelines carrying natural gas and crude oil are anticipated to be the most at risk. Therefore, the key driver of the market's growth globally has been the rising spending by the oil and gas industry to establish sophisticated security infrastructure to assure security to the pipelines. Future demand for natural gas is expected to rise more quickly than current demand for coal or oil. Due to limitations on closing down commercial and institutional venues, the market for facility management services was limited during the COVID-19 epidemic. Restrictions on public events and social gatherings also caused the market to fall.

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The installed pipeline for the transportation of goods is thought to cover 120 different nations and 3.5 million kilometres. Pipelines carrying natural gas and crude oil are anticipated to be the most at risk. Therefore, the key driver of the market's growth globally has been the rising spending by the oil and gas industry to establish sophisticated security infrastructure to assure security to the pipelines. Future demand for natural gas is expected to rise more quickly than current demand for coal or oil. Due to limitations on closing down commercial and institutional venues, the market for facility management services was limited during the COVID-19 epidemic. Restrictions on public events and social gatherings also caused the market to fall.

Pipeline Security Market Forecast | Influencing Factors | Historic Data:

1. Market Size Forecast: Global Overall Size, By Type/Product Category, By Application/End Users, By Regions/Geography.

2. Global Pipeline Security Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.

3. Key Data (Revenue): Pipeline Security Market Size, Market Share, Growth Rate, Growth, and Product Sales Price.

4. Global Pipeline Security Market Sales Revenue: Market Share, Growth Rate, and Current Market Analysis.

5. Competitive Landscape: By Manufacturers, Development Trends.

6. Industry Trends: Global Revenue, Status, and Outlook.

7. Market Segment: By Types, By Application, By Regions/ Geography.

8. Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.

9. Market Environment: Government Policies, Technological Changes, Market Risks.

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Table of Contents:

1 Pipeline Security Market Overview

1.1 Product Overview and Scope of Pipeline Security Market

1.2 Classification of Pipeline Security Market by Type

1.2.1 Overview: Global Market Size by Type: 2017 versus 2022 Versus 2030

1.3 Global Pipeline Security Market by Application

1.3.1 Overview: Global Pipeline Security Market Size by Application: 2017 versus 2022 Versus 2030

1.5 Forecast by Region

1.5.1 Market Size by Region: 2017 versus 2022 versus 2030

1.5.2 Market Size by Region, (2017-2023)

1.5.3 North America Size and Prospect (2017-2030)

1.5.4 Europe Size and Prospect (2017-2030)

1.5.5 Asia-Pacific Size and Prospect (2017-2030)

1.5.6 South America Size and Prospect (2017-2030)

1.5.7 Middle East and Africa Size and Prospect (2017-2030)

1.6 Market Drivers, Restraints and Trends

4. Market Size Segment by Type

4.1 Global Market Share by Type (2017-2023)

4.2 Global Market Forecast by Type (2023-2030)

5 Market Size Segment by Application

5.1 Global Pipeline Security Market Share by Application (2017-2023)

6. North America by Country, by Type, and by Application, Financial Services, and Insurance Market Size and Forecast (2017-2030)

7. Asia-Pacific by Region, by Type, and by Application

8. Asia-Pacific Revenue by Type (2017-2030)

9 South America by Country, by Type, and by Application

10 Middle East & Africa by Country, by Type, and by Application

11 Research Findings and Conclusion

12 Appendix

12.1 Methodology

12.2 Research Process and Data Source

12.3 Disclaimer

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