Exploration & Drilling Security Market to Grow, Rising Drilling Projects in Politically Unstable Places a Key Driver
A new market research report by Transparency Market Research, titled “Exploration & Drilling Security Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 – 2020,” evaluates and reviews the market and provides estimates on its condition in forthcoming years. A number of graphs and statistical tables have been utilized for the meticulous presentation of data in this report on exploration and drilling security market. A detailed analysis on the key dynamics impacting the development of the market also forms a key part of this report. These dynamics include drivers, challenges, trends, and opportunities.
The increasing production in unconventional sources and offshore locations has resulted in increased investments in production and drilling activities by the key players operating in the market. The rising challenges faced by the exploration companies during their operations have resulted in the advancement of the exploration and drilling security market. The increasing exploration sites and the exploration companies’ rising expenditure in infrastructure development are the major factors propelling the growth of the market.
In addition, the rising activities of drilling within politically unstable places such as the Middle East and Africa are also boosting the development of the market for exploration and drilling security. Furthermore, the rising mandatory standards and security regulations within the regions producing oil and gas globally may present opportunities for the development of this market. On the other hand, the location of hydrocarbon discoveries, particularly offshore discoveries, makes it problematic for companies to utilize a central comprehensive security system. This may have a negative impact on the development of the overall exploration and drilling security market.
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On the basis of technology solution, the market is segmented into physical security and network security. Network security is further segmented into incident response and disaster recovery system, firewall protection, security information and event management system, and SCADA network security. On the other hand, the physical security market is further segmented into radar and thermal imaging, microwave detectors, acoustic systems, fiber optic sensors, RFID, alarms, personnel tracking, and sonar systems. By professional service, the exploration and drilling security market is categorized into system design and integration services and risk management services.
Geographically, the report segments the market into Asia Pacific, North America, Europe, and Rest of the World (RoW). Of these, Africa in RoW is the major exploration and drilling security market. The reasons for the dominance of Africa are the rising offshore drilling activities and the politically unstable environment within this region. On the other hand, the rising activities of drilling from unconventional sources within North America have also resulted in the increasing development of security solutions by technology developers here. South America and the Middle East are also promising exploration and drilling security markets.
The major players operating in the market are Siemens AG, Lockheed Martin Corporation, Cisco Service, Honeywell International, Inc., and Waterfall Security Solutions, among others.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Mr.Sudip.S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
The increasing production in unconventional sources and offshore locations has resulted in increased investments in production and drilling activities by the key players operating in the market. The rising challenges faced by the exploration companies during their operations have resulted in the advancement of the exploration and drilling security market. The increasing exploration sites and the exploration companies’ rising expenditure in infrastructure development are the major factors propelling the growth of the market.
In addition, the rising activities of drilling within politically unstable places such as the Middle East and Africa are also boosting the development of the market for exploration and drilling security. Furthermore, the rising mandatory standards and security regulations within the regions producing oil and gas globally may present opportunities for the development of this market. On the other hand, the location of hydrocarbon discoveries, particularly offshore discoveries, makes it problematic for companies to utilize a central comprehensive security system. This may have a negative impact on the development of the overall exploration and drilling security market.
Download Free exclusive Sample of this report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3660
On the basis of technology solution, the market is segmented into physical security and network security. Network security is further segmented into incident response and disaster recovery system, firewall protection, security information and event management system, and SCADA network security. On the other hand, the physical security market is further segmented into radar and thermal imaging, microwave detectors, acoustic systems, fiber optic sensors, RFID, alarms, personnel tracking, and sonar systems. By professional service, the exploration and drilling security market is categorized into system design and integration services and risk management services.
Geographically, the report segments the market into Asia Pacific, North America, Europe, and Rest of the World (RoW). Of these, Africa in RoW is the major exploration and drilling security market. The reasons for the dominance of Africa are the rising offshore drilling activities and the politically unstable environment within this region. On the other hand, the rising activities of drilling from unconventional sources within North America have also resulted in the increasing development of security solutions by technology developers here. South America and the Middle East are also promising exploration and drilling security markets.
The major players operating in the market are Siemens AG, Lockheed Martin Corporation, Cisco Service, Honeywell International, Inc., and Waterfall Security Solutions, among others.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Mr.Sudip.S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/