Global Oil & Gas Security Market Analysis & Industry Forecast 2016-2023, With an Expected CAGR of 6.7% - ResearchAndMarkets.com
The "Oil & Gas Security Market by Component, Security System, and Application - Global Opportunity Analysis and Industry Forecast, 2016-2023" report has been added to ResearchAndMarkets.com's offering.
The oil & gas security market was valued at $ 23,141 million in 2016, and is projected to reach $36,012 million by 2023, growing at a CAGR of 6.7% from 2017 to 2023. The command & control segment is anticipated to grow at the highest rate during the forecast period.
North America generated the highest revenue in the global oil & gas security market in 2016 due to its technological advancements and developed infrastructure, and introduction of innovative solutions by the key players in the region. The Asia-Pacific oil & gas security market is expected to grow at the highest rate of 8.8% during the forecast period.
Exploring & drilling segment generated maximum share of revenue in 2016 and is expected to dominate the market throughput the forecast period at the CAGR of 7.2%. Among services, managed services segment is expected to witness highest CAGR of 8.4% during the forecast period.
Companies Mentioned:
- Cisco Systems, Inc.
- Siemens AG, Symantec Corporation
- Honeywell Corporation, Inc.
- Intel Corporation
- General Electric
- Microsoft Corporation
- ABB Ltd.
- Lockheed Martin Corporation.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Oil & Gas Security Markt By Component
Chapter 5: Oil & Gas Security Markt By Security System
Chapter 6: Oil & Gas Security Markt By Application
Chapter 7: Oil & Gas Security Mark By Geography
Chapter 8: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/2vpsnn/global_oil_and?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180703005440/en/