Global High-Integrity Pressure Protection System Market 2016-2020

About High-Integrity Pressure Protection System

HIPPS are a series of components, specifically engineered to isolate the source of hazardous high pressure instead of relieving excess flow in case of an over-pressure event. These are independent and reliable safety systems designed with high integrity as per ANSI/ISA and IEC standards to equal or exceed the safety performance of conventional safety valves.

Technavios analysts forecast the global HIPPS market to grow at a CAGR of 7.68% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global HIPPS market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of HIPPS that include installation and integration.

The market is divided into the following segments based on end-user:
Oil and gas
Chemical and petrochemical
Pharmaceutical
Pharmaceutical

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavios report, Global High-Integrity Pressure Protection System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
Rockwell Automation
Schneider Electric
Yokogawa Electric

Other prominent vendors
Emerson Process Management
Esoterica Automation
General Electric
HIMA Paul Hildebrandt
Honeywell International
Johnson Controls
Mokveld
Norgren
OMRON
RTP
Siemens
Tyco International

Market driver
Need to comply with stringent government and environmental regulations
For a full, detailed list, view our report

Market challenge
Issues in installation and integration of HIPPS
For a full, detailed list, view our report

Market trend
Increased use of analytics
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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