High-Integrity Pressure Protection System (HIPPS) Market Size Report, Industry Share, Analysis, Growth, 2032
High-Integrity Pressure Protection System (HIPPS) Market - By Offering (Services and Components), By End-Use Industry (Metals & Mining, Power Generation, Oil & Gas, Food & Beverages, Chemicals, Water & Wastewater, Pharmaceuticals, and Others), and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2024-2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 488.89 Million | USD 985.47 Million | 8.1% | 2023 |
Table Of Content
- Chapter 1. Executive Summary
- Chapter 2. High-Integrity Pressure Protection System (HIPPS) market – Offering Analysis
- 2.1. Global High-Integrity Pressure Protection System (HIPPS) Market – Offering Overview
- 2.2. Global High-Integrity Pressure Protection System (HIPPS) Market Share, by Offering, 2018 & 2025 (USD Million)
- 2.3. Components
- 2.3.1. Global Components High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- 2.4. Services
- 2.4.1. Global Services High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- Chapter 3. High-Integrity Pressure Protection System (HIPPS) market – End-use Industry Analysis
- 3.1. Global High-Integrity Pressure Protection System (HIPPS) Market – End-use Industry Overview
- 3.2. Global High-Integrity Pressure Protection System (HIPPS) Market Share, by End-use Industry, 2018 & 2025 (USD Million)
- 3.3. Oil & Gas
- 3.3.1. Global Oil & Gas High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- 3.4. Chemicals
- 3.4.1. Global Chemicals High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- 3.5. Power Generation
- 3.5.1. Global Power Generation High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- 3.6. Food & Beverages
- 3.6.1. Global Food & Beverages High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- 3.7. Pharmaceuticals
- 3.7.1. Global Pharmaceuticals High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- 3.8. Water & Wastewater
- 3.8.1. Global Water & Wastewater High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- 3.9. Metals & Mining
- 3.9.1. Global Metals & Mining High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- 3.10. Others
- 3.10.1. Global Others High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
- Chapter 4. High-Integrity Pressure Protection System (HIPPS) market – Regional Analysis
- 4.1. Global High-Integrity Pressure Protection System (HIPPS) Market Regional Overview
- 4.2. Global High-Integrity Pressure Protection System (HIPPS) Market Share, by Region, 2018 & 2025 (Value)
- 4.3. North America
- 4.3.1. North America High-Integrity Pressure Protection System (HIPPS) Market size and forecast, 2016-2026
- 4.3.2. North America High-Integrity Pressure Protection System (HIPPS) Market, by Country, 2018 & 2025 (USD Million)
- 4.3.3. North America High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026
- 4.3.3.1. North America High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
- 4.3.4. North America High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026
- 4.3.4.1. North America High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
- 4.3.5. U.S.
- 4.3.5.1. U.S. Market size and forecast, 2016-2026 (USD Million)
- 4.3.6. Canada
- 4.3.6.1. Canada Market size and forecast, 2016-2026 (USD Million)
- 4.4. Europe
- 4.4.1. Europe High-Integrity Pressure Protection System (HIPPS) Market size and forecast, 2016-2026
- 4.4.2. Europe High-Integrity Pressure Protection System (HIPPS) Market, by Country, 2018 & 2025 (USD Million)
- 4.4.3. Europe High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026
- 4.4.3.1. Europe High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
- 4.4.4. Europe High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026
- 4.4.4.1. Europe High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
- 4.4.5. Germany
- 4.4.5.1. Germany Market size and forecast, 2016-2026 (USD Million)
- 4.4.6. France
- 4.4.6.1. France Market size and forecast, 2016-2026 (USD Million)
- 4.4.7. Rest of Europe
- 4.4.7.1. Rest of Europe Market size and forecast, 2016-2026 (USD Million)
- 4.5. Asia Pacific
- 4.5.1. Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market size and forecast, 2016-2026
- 4.5.2. Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market, by Country, 2018 & 2025 (USD Million)
- 4.5.3. Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026
- 4.5.3.1. Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
- 4.5.4. Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026
- 4.5.4.1. Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
- 4.5.5. China
- 4.5.5.1. China Market size and forecast, 2016-2026 (USD Million)
- 4.5.6. Japan
- 4.5.6.1. Japan Market size and forecast, 2016-2026 (USD Million)
- 4.5.7. India
- 4.5.7.1. India Market size and forecast, 2016-2026 (USD Million)
- 4.5.8. Rest of Asia Pacific
- 4.5.8.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Million)
- 4.6. Latin America
- 4.6.1. Latin America High-Integrity Pressure Protection System (HIPPS) Market size and forecast, 2016-2026
- 4.6.2. Latin America High-Integrity Pressure Protection System (HIPPS) Market, by Country, 2018 & 2025 (USD Million)
- 4.6.3. Latin America High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026
- 4.6.3.1. Latin America High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
- 4.6.4. Latin America High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026
- 4.6.4.1. Latin America High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
- 4.6.5. Brazil
- 4.6.5.1. Brazil Market size and forecast, 2016-2026 (USD Million)
- 4.6.6. Rest of Latin America
- 4.6.6.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Million)
- 4.7. The Middle-East and Africa
- 4.7.1. The Middle-East and Africa High-Integrity Pressure Protection System (HIPPS) Market size and forecast, 2016-2026
- 4.7.2. The Middle-East and Africa High-Integrity Pressure Protection System (HIPPS) Market, by Country, 2018 & 2025 (USD Million)
- 4.7.3. The Middle-East and Africa High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026
- 4.7.3.1. The Middle-East and Africa High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
- 4.7.4. The Middle-East and Africa High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026
- 4.7.4.1. The Middle-East and Africa High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
- Chapter 5. High-Integrity Pressure Protection System (HIPPS) market – Competitive Landscape
- 5.1. Competitor Market Share – Revenue
- 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
- 5.3. Strategic Development
- 5.3.1. Acquisitions and Mergers
- 5.3.2. New Products
- 5.3.3. Research & Development Activities
- Chapter 6. Company Profiles
- 6.1. Emerson Electric
- 6.1.1. Company Overview
- 6.1.2. Emerson Electric Revenue and Gross Margin
- 6.1.3. Product portfulio
- 6.1.4. Recent initiatives
- 6.2. Yokogawa Electric
- 6.2.1. Company Overview
- 6.2.2. Yokogawa Electric Revenue and Gross Margin
- 6.2.3. Product portfulio
- 6.2.4. Recent initiatives
- 6.3. Hima
- 6.3.1. Company Overview
- 6.3.2. Hima Revenue and Gross Margin
- 6.3.3. Product portfulio
- 6.3.4. Recent initiatives
- 6.4. Schneider Electric
- 6.4.1. Company Overview
- 6.4.2. Schneider Electric Revenue and Gross Margin
- 6.4.3. Product portfulio
- 6.4.4. Recent initiatives
- 6.5. General Electric
- 6.5.1. Company Overview
- 6.5.2. General Electric Revenue and Gross Margin
- 6.5.3. Product portfulio
- 6.5.4. Recent initiatives
- 6.6. ABB
- 6.6.1. Company Overview
- 6.6.2. ABB Revenue and Gross Margin
- 6.6.3. Product portfulio
- 6.6.4. Recent initiatives
- 6.7. Rockwell Automation
- 6.7.1. Company Overview
- 6.7.2. Rockwell Automation Revenue and Gross Margin
- 6.7.3. Product portfulio
- 6.7.4. Recent initiatives
- 6.8. Honeywell
- 6.8.1. Company Overview
- 6.8.2. Honeywell Revenue and Gross Margin
- 6.8.3. Product portfulio
- 6.8.4. Recent initiatives
- 6.9. Schlumberger
- 6.9.1. Company Overview
- 6.9.2. Schlumberger Revenue and Gross Margin
- 6.9.3. Product portfulio
- 6.9.4. Recent initiatives
- 6.10. Siemens
- 6.10.1. Company Overview
- 6.10.2. Siemens Revenue and Gross Margin
- 6.10.3. Product portfulio
- 6.10.4. Recent initiatives
- 6.11. Mokveld Valves
- 6.11.1. Company Overview
- 6.11.2. Mokveld Valves Revenue and Gross Margin
- 6.11.3. Product portfulio
- 6.11.4. Recent initiatives
- 6.1. Emerson Electric
- Chapter 7. High-Integrity Pressure Protection System (HIPPS) — Industry Analysis
- 7.1. High-Integrity Pressure Protection System (HIPPS) Market – Key Trends
- 7.1.1. Market Drivers
- 7.1.2. Market Restraints
- 7.1.3. Market Opportunities
- 7.2. Value Chain Analysis
- 7.3. Technology Roadmap and Timeline
- 7.4. High-Integrity Pressure Protection System (HIPPS) Market – Attractiveness Analysis
- 7.4.1. By Offering
- 7.4.2. By End-use Industry
- 7.4.3. By Region
- 7.1. High-Integrity Pressure Protection System (HIPPS) Market – Key Trends
- Chapter 8. Marketing Strategy Analysis, Distributors
- 8.1. Marketing Channel
- 8.2. Direct Marketing
- 8.3. Indirect Marketing
- 8.4. Marketing Channel Development Trend
- 8.5. Economic/Pulitical Environmental Change
- Chapter 9. Report Conclusion
- Chapter 10. Research Approach & Methodology
- 10.1. Report Description
- 10.2. Research Scope
- 10.3. Research Methodology
- 10.3.1. Secondary Research
- 10.3.2. Primary Research
- 10.3.3. Models
- 10.3.3.1. Company Share Analysis Model
- 10.3.3.2. Revenue Based Modeling
- 10.3.3.3. Research Limitations
Table Of Figures
List Of Figure
FIG. 1 Global High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 2 Global High-Integrity Pressure Protection System (HIPPS) Market Share, by Offering, 2018 & 2025 (USD Million)
FIG. 3 Global Components High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 4 Global Services High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 5 Global High-Integrity Pressure Protection System (HIPPS) Market Share, by End-use Industry, 2018 & 2025 (USD Million)
FIG. 6 Global Oil & Gas High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 7 Global Chemicals High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 8 Global Power Generation High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 9 Global Food & Beverages High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 10 Global Pharmaceuticals High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 11 Global Water & Wastewater High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 12 Global Metals & Mining High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 13 Global Others High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026 (USD Million)
FIG. 14 Global High-Integrity Pressure Protection System (HIPPS) Market Share, by Region, 2018 & 2025
FIG. 15 North America High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 16 U.S. High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 17 Canada High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 18 Europe High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 19 Germany High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 20 France High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 21 Rest of Europe High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 22 Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 23 China High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 24 Japan High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 25 India High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 26 Rest of Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 27 Latin America High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 28 Brazil High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 29 Rest of Latin America High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 30 The Middle-East and Africa High-Integrity Pressure Protection System (HIPPS) Market, 2016-2026
FIG. 31 Competitor Market Share – Revenue
FIG. 32 Emerson Electric Revenue and Growth Rate
FIG. 33 Emerson Electric Market Share
FIG. 34 Yokogawa Electric Revenue and Growth Rate
FIG. 35 Yokogawa Electric Market Share
FIG. 36 Hima Revenue and Growth Rate
FIG. 37 Hima Market Share
FIG. 38 Schneider Electric Revenue and Growth Rate
FIG. 39 Schneider Electric Market Share
FIG. 40 General Electric Revenue and Growth Rate
FIG. 41 General Electric Market Share
FIG. 42 ABB Revenue and Growth Rate
FIG. 43 ABB Market Share
FIG. 44 Rockwell Automation Revenue and Growth Rate
FIG. 45 Rockwell Automation Market Share
FIG. 46 Honeywell Revenue and Growth Rate
FIG. 47 Honeywell Market Share
FIG. 48 Schlumberger Revenue and Growth Rate
FIG. 49 Schlumberger Market Share
FIG. 50 Siemens Revenue and Growth Rate
FIG. 51 Siemens Market Share
FIG. 52 Mokveld Valves Revenue and Growth Rate
FIG. 53 Mokveld Valves Market Share
FIG. 54 Market Dynamics
FIG. 55 Global High-Integrity Pressure Protection System (HIPPS) – Value Chain Analysis
FIG. 56 Technology Roadmap and Timeline
FIG. 57 Market Attractiveness Analysis – By Offering
FIG. 58 Market Attractiveness Analysis – By End-use Industry
FIG. 59 Market Attractiveness Analysis – By Region
FIG. 60 Market Channel
FIG. 61 Marketing Channel Development Trend
FIG. 62 Growth in World Gross Product, 2008-2018
Table Of Tables
List Of Table
TABLE 1 Global High-Integrity Pressure Protection System (HIPPS) Market, 2018 & 2025 (USD Million)
TABLE 2 Global High-Integrity Pressure Protection System (HIPPS) market, by Offering, 2016-2026 (USD Million)
TABLE 3 Global High-Integrity Pressure Protection System (HIPPS) market, by End-use Industry, 2016-2026 (USD Million)
TABLE 4 Global High-Integrity Pressure Protection System (HIPPS) market, by Region, 2016-2026 (USD Million)
TABLE 5 North America High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
TABLE 6 North America High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
TABLE 7 Europe High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
TABLE 8 Europe High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
TABLE 9 Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
TABLE 10 Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
TABLE 11 Latin America High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
TABLE 12 Latin America High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
TABLE 13 The Middle-East and Africa High-Integrity Pressure Protection System (HIPPS) Market, by Offering, 2016-2026 (USD Million)
TABLE 14 The Middle-East and Africa High-Integrity Pressure Protection System (HIPPS) Market, by End-use Industry, 2016-2026 (USD Million)
TABLE 15 Global High-Integrity Pressure Protection System (HIPPS) Market - Company Revenue Analysis 2016-2019 (USD Million)
TABLE 16 Global High-Integrity Pressure Protection System (HIPPS) Market - Company Revenue Share Analysis 2016-2019(%)
TABLE 17 Acquisitions and Mergers
TABLE 18 New Product/Service Launch
TABLE 19 Research & Development Activities
TABLE 20 Market Drivers
TABLE 21 Market Restraints
TABLE 22 Market Opportunities
Methodology
FrequentlyAsked Questions
A High-Integrity Pressure Protection System (HIPPS) is a safety system that is utilized in industrial settings, specifically in the production of oil and gas, refining, and the processing of chemical products. Its major objective is to prevent overpressure and potential damage to equipment or pipelines by swiftly cutting off the flow of a hazardous substance (such as combustible gases or liquids) when pressure levels exceed acceptable limits. This is accomplished by monitoring pressure levels and activating the shutoff mechanism when the pressure reaches a dangerous threshold. HIPPS typically consists of sensors, logic controllers, and automated shut-off valves that collaborate to guarantee that the process maintains within safe operating parameters and to prevent accidents or equipment failures caused by excessive pressure.
The global high-integrity pressure protection system (HIPPS) market is primarily driven by the favorable regulatory norms imposed by the several federal & state governments to ensure security and safety at production facilities.
The global High-Integrity Pressure Protection System (HIPPS) Market, estimating its value at USD 488.89 Million in 2023, with projections indicating that it will reach USD 985.47 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 8.1% over the forecast period 2024-2032.
The Asia Pacific HIPPS market is likely to thrive at the utmost CAGR during the forecast period owing to the dedication of the regional economies to expand the chemicals and oil & gas sectors.
Some of the key players driving the global high-integrity pressure protection system (HIPPS) market are ABB, Siemens, Yokogawa Electric, Honeywell, Schneider Electric, Rockwell Automation, Emerson Electric, Schlumberger, Hima, Mokveld Valves, and General Electric, among others.
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