Electric Power Infrastructure Security Market to Hit $3.7bn Says New Report
According to the 125 page report 'The Electric Power Infrastructure Security Market 2012-2022', the forecast period there will be strong growth in the electric power infrastructure security market as a number of governments and electric power utility companies rush to protect utility infrastructure networks, classified as critical infrastructure, to ensure national economic security. The report has determined that the value of the global gas utility infrastructure market in 2012 will reach $3.7bn.
National electric power infrastructure security markets in emerging economies such asChina,India, andBrazilwill drive growth as new power plants and an increasing amount of transmission infrastructure is developed. Nevertheless, the US and major European countries will remain central to capital expenditure on electric power infrastructure security over the forecast period to 2012-2022, as these economies continue to invest maintaining and upgrading their electric power grids. Growth in other regional markets is expected to increase steadily as threats to electric infrastructure and awareness of security issues grows. View the Report.
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