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Global High-Integrity Pressure Protection System Market to 2025| ABB, Schneider Electric, Rockwell Automation, Yokogawa Electric, Emerson Electric, Esoterica Automation, High-Integrity Pressure Protection System Market
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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.
The valves segment is expected to hold a large share of the overall HIPPS market in 2017. Valves are used as final safety devices which control the pressure and discharge a certain amount of fluid by themselves without any electric power support. Valves actuate or stop the flow of hazardous fluids or external hydrocarbons (gases) on detection of a hazardous event. Extensive application of valves in the oil & gas and chemical industries is supporting the growth of this market. In mechanical HIPPS, the valves are cost-effective, and designed for in-line maintenance.
The oil & gas vertical dominated this market in 2017. The lack of proper safety systems in the oil & gas industry may lead to production loss, stress on affected components and systems, and hazards during system restoration.
The High-Integrity Pressure Protection System market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for High-Integrity Pressure Protection System.
This report presents the worldwide High-Integrity Pressure Protection System market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
ABB
Schneider Electric
Rockwell Automation
Yokogawa Electric
Emerson Electric
Esoterica Automation
GE
HIMA
Honeywell Process Solutions
Johnson Controls
Mokveld
Norgren
OMRON
RTP
Siemens
Tyco International
High-Integrity Pressure Protection System Breakdown Data by Type
By Component
Logic Solvers
Valves
Actuators
Field Initiators
By Service
Maintenance
Training & Certification
High-Integrity Pressure Protection System Breakdown Data by Application
Power Generation
Oil & Gas
Chemicals
Food & Beverages
Metals & Mining
Pharmaceutical
High-Integrity Pressure Protection System Production by Region
United States
Europe
China
Japan
Other Regions
High-Integrity Pressure Protection System Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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Table of Contents
1 Study Coverage
1.1 High-Integrity Pressure Protection System Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global High-Integrity Pressure Protection System Market Size Growth Rate by Type
1.4.2 Logic Solvers
1.4.3 Valves
1.4.4 Actuators
1.4.5 Field Initiators
1.5 Market by Application
1.5.1 Global High-Integrity Pressure Protection System Market Size Growth Rate by Application
1.5.2 Power Generation
1.5.3 Oil & Gas
1.5.4 Chemicals
1.5.5 Food & Beverages
1.5.6 Metals & Mining
1.5.7 Pharmaceutical
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global High-Integrity Pressure Protection System Market Size
2.1.1 Global High-Integrity Pressure Protection System Revenue 2014-2025
2.1.2 Global High-Integrity Pressure Protection System Production 2014-2025
2.2 High-Integrity Pressure Protection System Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key High-Integrity Pressure Protection System Manufacturers
2.3.2.1 High-Integrity Pressure Protection System Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers High-Integrity Pressure Protection System Product Offered
2.3.2.3 Date of Manufacturers Enter into High-Integrity Pressure Protection System Market
2.4 Key Trends for High-Integrity Pressure Protection System Markets & Products
3 Market Size by Manufacturers
3.1 High-Integrity Pressure Protection System Production by Manufacturers
3.1.1 High-Integrity Pressure Protection System Production by Manufacturers
3.1.2 High-Integrity Pressure Protection System Production Market Share by Manufacturers
3.2 High-Integrity Pressure Protection System Revenue by Manufacturers
3.2.1 High-Integrity Pressure Protection System Revenue by Manufacturers (2014-2019)
3.2.2 High-Integrity Pressure Protection System Revenue Share by Manufacturers (2014-2019)
3.3 High-Integrity Pressure Protection System Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
More Information………@@@
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