Canada Oil And Gas Security And Service Market Size & Outlook
The oil and gas security and service market in Canada is expected to reach a projected revenue of US$ 1,679.8 million by 2030. A compound annual growth rate of 6.3% is expected of Canada oil and gas security and service market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,164.6
Forecast, 2030 (US$M)
$1,679.8
CAGR, 2025 - 2030
6.3%
Report Coverage
Canada
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Canada oil and gas security and service market highlights
- The Canada oil and gas security and service market generated a revenue of USD 1,164.6 million in 2024 and is expected to reach USD 1,679.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.3% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Oil and gas security and service market data book summary
| Market revenue in 2024 | USD 1,164.6 million |
| Market revenue in 2030 | USD 1,679.8 million |
| Growth rate | 6.3% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2017 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Cisco Systems Inc, Honeywell International Inc, Huawei Digital Power Technologies Co, Huawei Technologies, Intel Corp, Microsoft Corp, Schneider Electric SE, Siemens AG, United Technologies Corporation |
Other key industry trends
- In terms of revenue, Canada accounted for 4.3% of the global oil and gas security and service market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. oil and gas security and service market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,679.8 million by 2030.
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Oil and Gas Security and Service Market Scope
Oil and gas security and service market segmentation & scope
Oil and Gas Security and Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huawei Digital Power Technologies Co | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | https://digitalpower.huawei.com |
| United Technologies Corporation | View profile | 10001+ | Hartford, Connecticut, United States, North America | http://www.utc.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Canada oil and gas security and service market size, by component, 2017-2030 (US$M)
Canada Oil and Gas Security and Service Market Outlook Share, 2024 & 2030 (US$M)
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