|By Business Wire||
|February 18, 2014 07:10 AM EST||
Research and Markets (http://www.researchandmarkets.com/research/v86ksl/pipeline_safety) has announced the addition of the "Pipeline Safety Market - Physical Security, ICS Security, Professional Services - Global Advancements, Forecasts & Analysis (2013 - 2018)" report to their offering.
This report on pipeline safety market provides details about latest trends, advancements, challenges, opportunities and competitive outlook for the industry. Pipeline system is a vital part of transportation and energy supply across the world, with connections to other critical infrastructures such as power plants and airports. Post 9/11 attacks, the governments across the world have issued security frameworks mentioning pipelines as potential terrorist targets. They have framed various pipeline safety and recovery protocol plans to address the issues relating to prevent, protect, respond and recover from infrastructure security lapse. Transportation Security Administration (TSA) and Pipeline and Hazardous Materials Safety Administration (PHMSA) design the frameworks to improve security and enhance recovery mechanism.
Many pipelines across the world carry volatile and flammable materials that can have serious implications on public and environment safety. They are also the potential targets because of the type of products transported through them and also because of the widespread distribution of the pipeline networks. These pipelines face the threat of attacks, both physically and virtually resulting in disruption or release of its contents. Due to online networking, implementation of Industrial Control Systems (ICS) and other technological implementations, pipelines are now prone to cyber attacks across the control systems, thereby making it impossible to uniformly protect the pipeline system.
Pipelines play an important role in the development of any country and securing these infrastructures is of critical importance. The rise in the terrorist activities all over the globe has also raised concerns about the security. Many countries and international regulatory bodies have designed and planned policies and compliances for securing their pipeline infrastructures. The companies have to strictly follow these compliances and policies for fortifying the infrastructures from outside threats. Many companies in the pipeline safety market offer dedicated security solutions to counter physical and network threats to the pipelines.
Increased physical and cyber attacks, pressure due to strict governmental policies and compliances, rise in the production of offshore oil and gas and the demand for cheaper methods of transportation have accelerated the process of building the pipelines and ensure their security. This report gives detailed insights into the global pipeline safety market split across various regions, types of deployment, types of security technologies and types of professional services. While the deployment types include onshore and offshore pipelines; types of security technologies include physical security and network security; and types of professional services include risk management services, system design, integration, and consulting, pipeline integrity managed services and maintenance and support services. The report also emphasizes on key adoption trends, future opportunities, and business cases in this innovative market.
It is expected that an increasing adoption of security solutions by pipelines sector, as the major vendors are aggressively investing and rigorously working towards providing sophisticated physical as well as network security solutions. The total pipeline safety market is expected to grow from $4.35 billion in 2013 to $6.73 billion by 2018, at an estimated Compound Annual Growth Rate (CAGR) of 9.1% from 2013 to 2018.
Key Topics Covered
- Executive Summary
- Market Overview
- Pipeline Security: Market Size And Forecast, By Technologies And Solutions
- Pipeline Security: Market Size And Forecast, By Professional Services
- Pipeline Security: Market Size And Forecast, By End Users
- Pipeline Security: Market Size And Forecast By Regions
- Market Landscape
- Company Profiles
- Bae Systems
- Dexa Systems
- Fiber Sensys
- Fmc Technologies
- Ocean Protection Services
- Schneider Electric
- Thales Group
For more information visit http://www.researchandmarkets.com/research/v86ksl/pipeline_safety
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
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