The global High-Integrity Pressure Protection System market was valued at US$ 578.8 million in 2022 and is projected to reach US$ 982.2 million by 2029, at a CAGR of 7.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A high-integrity pressure protection system (HIPPS) is a type of safety instrumented system (SIS) designed to prevent over-pressurization of a plant, such as a chemical plant or oil refinery. The HIPPS will shut off the source of the high pressure before the design pressure of the system is exceeded, thus preventing loss of containment through rupture (explosion) of a line or vessel. Therefore, a HIPPS is considered as a barrier between a high-pressure and a low-pressure section of an installation.
This report aims to provide a comprehensive presentation of the global market for High-Integrity Pressure Protection System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High-Integrity Pressure Protection System. This report contains market size and forecasts of High-Integrity Pressure Protection System in global, including the following market information:
- Global High-Integrity Pressure Protection System Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global top five companies in 2022 (%)
The industry's leading producers are Emerson Electric, Yokogawa Electric and Schneider Electric, with revenue ratios of 13.74%, 9.80% and 6.55%, respectively, in 2019.
We surveyed the High-Integrity Pressure Protection System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High-Integrity Pressure Protection System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global High-Integrity Pressure Protection System Market Segment Percentages, by Type, 2022 (%)
Global High-Integrity Pressure Protection System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global High-Integrity Pressure Protection System Market Segment Percentages, by Application, 2022 (%)
- Power Generation
- Oil and Gas
- Chemicals
- Food and Beverages
- Metals and Mining
- Pharmaceutical
- Others
Global High-Integrity Pressure Protection System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global High-Integrity Pressure Protection System Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies High-Integrity Pressure Protection System revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies High-Integrity Pressure Protection System revenues share in global market, 2022 (%)
Key players include:
- Emerson Electric
- Yokogawa Electric
- Schneider Electric
- Rockwell Automation
- HIMA
- Schlumberger
- Severn Glocon Group
- Siemens
- Larsen & Toubro
- ABB
- Paladon Systems
- Baker Hughes
- ATV HIPPS
- Honeywell Process Solutions
- Frames Group
- Pietro Fiorentini SpA
- SAMSON GROUP
- ValvTechnologies Inc.
- ProControl
- Mogas Industries
Outline of Major Chapters:
- Chapter 1: Introduces the definition of High-Integrity Pressure Protection System, market overview.
- Chapter 2: Global High-Integrity Pressure Protection System market size in revenue.
- Chapter 3: Detailed analysis of High-Integrity Pressure Protection System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of High-Integrity Pressure Protection System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
