According
to the International Energy Agency (IEA), world energy markets
continue to be susceptible to disruptions caused by events ranging
from geo-political strife to natural disasters. Energy security is a
pressing need which needs to be addressed by contemporary
establishments and organizations around the world. Hence, it has
become increasingly crucial to protect energy sources from coming
under attack in the form of both physical and cyber threats.
Presented
in this report is a current trends analysis, which establishes growth
drivers and restraints of the energy security market. Furthermore,
historical data and market projections for the forecast period of the
energy security market are mentioned in the report. A comprehensive
evaluation of the macro and micro factors which will impact the
growth of the existing key players and new entrants is available in
the report.
An
in-depth value chain analysis demonstrates the key opportunities in
the energy security market. The companies profile evaluation section
in the report delivers useful information about the crucial aspects
of leading companies operating in the energy security industry.
Overview
of the global energy security market
The
Ukraine-Russia gas dispute in early 2009 was recorded as the largest
natural gas supply crisis seen in Europe. The accelerating trend of
integrated electricity grids can lead to cascading blackouts and
affect multiple economies simultaneously, says the IEA. Hence,
organizations and establishments are facing the challenge of
implementing energy supply as a smooth flow of communication
operations, public safety systems, transportation systems, industrial
operations, and healthcare. Energy security has become a strategic
asset, which can be the foundation for growth for the most powerful
economies in the world such as U.S. On the other hand, developing
economies are more focused on the optimum utilization of available
resources to sustain their economies firmly on the track of growth.
Most
planned attacks on well-established energy sites are highly complex
in nature. Therefore, to curb these complex attacks efficiently
refined tools and tactics are required. Cyber and network
security-related threats continue to be a major concern for
government energy establishments. Thus, government establishments
need to keep up-to-date with the regulatory and compliance
environment to the ever-changing intricate security threats.
The
global energy security market experiences threats which can be acts
of terror, natural disasters, cyber threats, or combination of these
threats. The technologies employed by the energy security industry
include: Video and CCTV surveillance, microwave intrusion detection,
biometric and card readers, RFID tracking and personal tracking,
transport security, alarm systems, and fire detection and warning
systems. To combat complex energy security threats such as physical
attacks, insider threat, cyber threats, and other threats, a single
integrated solution is the need of the hour. Such a solution would
sync physical security with network security to build a comprehensive
solution.
Companies
mentioned in the research report
The
key corporations in the energy security market profiled in this
report are Symantec Corporation, HCL, Tofino Security, Anixter, Acorn
Energy Inc., McAfee, among others.
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