Knowledge Sourcing Intelligence Pipeline Security Market | Page 4

Rising Demand Which Impact On Market Growth North America is projected to hold the largest share of global pipeline security market by the end of forecast period owing to increasing shale gas exploration in the region. The MEA (The Middle East and Africa) pipeline security market will be driven by growing need for reliable protected pipeline networks along with the upgrading of refineries. However, the growth in global pipeline security market will be restrained due to high installation and maintenance costs coupled with scattered drilling and distribution sites that leads to complexity in the implementation of the integrated security solutions.