PUBLISHER: Allied Market Research | PRODUCT CODE: 1239473
PUBLISHER: Allied Market Research | PRODUCT CODE: 1239473
Energy security is a category of cyber security defense. Energy security products can detect, analyze, and defend against zero-day and advanced attacks, often in real time. These products are automated, accurate, and provide insight into malicious activity within internal networks which may be unseen by other types of cyber defense. Energy security enables a more proactive security posture by seeking to deceive the attackers, detect them and then defeat them, allowing the enterprise to return to normal operations.
Increased government pressure and security compliance and regulation and increase in threats from terrorist and cyber-attacks is boosting the growth of the global energy security market. In addition, increase in physical attacks and insider threats is positively impacts the growth of the energy security market. However, lack of apprehension about security implementation by operators is hampering the energy security market growth. On the contrary, rise of new energy markets in developing economies is expected to offer remunerative opportunities for expansion of the energy security market during the forecast period.
The energy security market is segmented on the basis of by component, technology, power plant, and region. On the basis of component, the market is categorized into solution and service. On the basis of technology, the market is fragmented into physical security, and network security. On the basis of power plant, it is classified into thermal and hydro, nuclear, oil and gas, and renewable energy. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the energy security market are: ABB Ltd., AEGIS Security & Investigations, BAE Systems plc, Elbit Systems Ltd., Thales, Teledyne FLIR LLC, Honeywell International Inc, hexagon ab, Lockheed Martin Corporation, and Siemens AG. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.