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Global High-Integrity Pressure Protection System Market 2017-2021

  • February 2017
  • 71 pages
  • Infiniti Research Limited
Report ID: 3664214

Summary

Table of Contents

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About high-integrity pressure protection system

HIPPS is a type of safety instrumented system (SIS) that is used to safeguard a process to prevent a catastrophic release of flammable, toxic or explosive chemicals. Traditionally, in industrial plants, flare or relief systems are used for burning off flammables gases that are released through pressure relief valves during unplanned over-pressurization of plant equipment.

Technavio’s analysts forecast the global high-integrity pressure protection system market to grow at a CAGR of 7.4% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global high-integrity pressure protection system market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales and the aftermarket services of HIPPS in the oil and gas, chemicals and petrochemicals, pharmaceuticals, power, metal and mining, and foods and beverages industries.

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

Technavio's report, Global High-Integrity Pressure Protection System Market 2017-2021, 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
- Schneider Electric
- Rockwell Automation
- Yokogawa Electric

Other prominent vendors
- Emerson Electric
- Esoterica Automation
- GE
- HIMA
- Honeywell Process Solutions
- Johnson Controls
- Mokveld
- Norgren
- OMRON
- RTP
- Siemens
- Tyco International

Market driver
- Rise in midstream infrastructure
- For a full, detailed list, view our report

Market challenge
- Capital expenditure cuts by major oil and gas industry
- For a full, detailed list, view our report

Market trend
- Introduction of safety PLC
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

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