Energy Security Market Report: Trends, Forecast and Competitive Analysis to 2030

Energy Security Trends and Forecast

The future of the global energy security market looks promising with opportunities in the oil & gas, nuclear, renewable energy, and thermal & hydro markets. The global energy security market is expected to reach an estimated $125.4 billion by 2030 with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are increasing need to defend energy supplies against cyber and physical threats, rising adoption of energy security solutions at a faster rate, and increasing demand for energy security measures.

A more than 150-page report is developed to help in your business decisions.

Energy Security by Segment

The study includes a forecast for the global energy security by technology, component, power plants, and region.

Energy Security Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Physical Security
• Network Security

Energy Security Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Solutions
• Services

Energy Security Market by Power Plants [Shipment Analysis by Value from 2018 to 2030]:

• Oil & Gas
• Nuclear
• Renewable Energy
• Thermal & Hydro

Energy Security Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Energy Security Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies energy security companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the energy security companies profiled in this report include-

• Honeywell International
• Symantec Corporation
• Thales Group
• Aegis Defense Services
• Ericsson
• HCL
• Cassidian
• Tofino
• BAE System
• Raytheon

Energy Security Market Insights

Lucintel forecasts that physical security will remain the larger segment over the forecast period.

APAC is expected to witness highest growth over the forecast period due to population growth, social progress, and regional government efforts, along with growing energy consumption in developing countries such as China and India.

Features of the Global Energy Security Market

Market Size Estimates: Energy security market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Energy security market size by technology, component, power plants, and region in terms of value ($B).

Regional Analysis: Energy security market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technology, component, power plants, and regions for the energy security market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the energy security market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the energy security market size?

Answer: The global energy security market is expected to reach an estimated $125.4 billion by 2030.

Q2. What is the growth forecast for energy security market?

Answer: The global energy security market is expected to grow with a CAGR of 6.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the energy security market?

Answer: The major drivers for this market are increasing need to defend energy supplies against cyber and physical threats, rising adoption of energy security solutions at a faster rate, and increasing demand for energy security measures.

Q4. What are the major segments for energy security market?

Answer: The future of the global energy security market looks promising with opportunities in the oil & gas, nuclear, renewable energy, and thermal & hydro markets.

Q5. Who are the key energy security market companies?

Answer: Some of the key energy security companies are as follows:

• Honeywell International
• Symantec Corporation
• Thales Group
• Aegis Defense Services
• Ericsson
• HCL
• Cassidian
• Tofino
• BAE System
• Raytheon

Q6. Which energy security market segment will be the largest in future?

Q7. In energy security market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to population growth, social progress, and regional government efforts, along with growing energy consumption in developing countries such as China and India.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the energy security market by technology (physical security and network security), component (solutions and services), power plants (oil & gas, nuclear, renewable energy, and thermal & hydro), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?