How big is the MEA Pipeline Security Market?

The MEA Pipeline Security Market size is expected to reach USD 2.10 billion in 2024 and grow at a CAGR of 9.61% to reach USD 3.32 billion by 2029. Read More

What is the current MEA Pipeline Security Market size?

In 2024, the MEA Pipeline Security Market size is expected to reach USD 2.10 billion. Read More

Who are the key players in MEA Pipeline Security Market?

GE Grid Solutions SPA, ABB Ltd., Optasens Ltd., Honeywell International Inc. and Siemens AG are the major companies operating in the MEA Pipeline Security Market. Read More

What years does this MEA Pipeline Security Market cover, and what was the market size in 2023?

In 2023, the MEA Pipeline Security Market size was estimated at USD 1.90 billion. The report covers the MEA Pipeline Security Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the MEA Pipeline Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Middle East & Africa Pipeline Security Market

Middle East & Africa Pipeline Security Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers MEA Pipeline Safety Market Analysis and is Segmented By Products (Natural Gas, Crude Oil, Hazardous Liquid Pipelines or Chemicals, Water), Technology, and Solutions (Unmanned Aerial Systems, Perimeter Security, Electric Optic Systems, Ground Sensors, PIG Location Monitoring, Sub-Aqua Systems, Video Surveillance, Control Systems), and Country (United Arab Emirates, Saudi Arabia, Israel, South Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

MEA Pipeline Security Industry Overview

The Middle East and Africa Pipeline Security Market is moderately competitive. But as oil corporations and the government spend more on technology, more vendors are entering the market, which is projected to boost market competition throughout the forecast period. ABB Ltd., Honeywell International Inc., Siemens AG, and Huawei Technologies Co. Ltd. are a few major companies active in the sector.

In April 2023, General Electric Co. announced that Baker Hughes' acquisition of Nexus Controls by its Gas Power division was completed. With the addition of this industry-leading aftermarket control system upgrade and field service capability, GE Gas Power, a division of GE Vernova, will establish a single, full-service controls business line in charge of advancing the Mark Vle controls systems platform, putting the OnCore system into use, as well as streamlining and enhancing the delivery and service of its controls offerings to clients.

In March 2023, SightLogix introduced SightTracker smart camera with Edge AI that automatically zooms and follows outdoor intruders with fast, on-target responsiveness. SightTracker PTZ works with SightSensor thermal detection cameras, staying locked onto intruders as they move throughout the site, even beyond the field of view of the detecting camera.