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High-Integrity Pressure Protection System (HIPPS) Market, Size, Share, Outlook and Growth Opportunities 2020-2026

  • ID:OGA1910MVES5850
  • Published: October-2019
  • Pages:110
  • OG Analysis
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Global High-Integrity Pressure Protection System (HIPPS) Market, Size, Share, Outlook and Growth Opportunities to 2026: By Offering (Components and Services), By Industry (Chemicals, Oil & Gas, Food & Beverages, Water & Wastewater, Metals & Mining, Power Generation, Pharmaceuticals and Others) and By Region

Key Highlights

  • The Global High-Integrity Pressure Protection System (HIPPS) Market is set to grow at a CAGR of 8.37% over the forecast period 2020-2026.
  • Services segment pertaining to HIPPS is gaining momentum with a rising adoption of safety instrumented systems (SIS) by manufacturing companies.
  • Oil & gas industry is estimated to hold larger share of HIPPS market from 2020 to 2026.

Rising focus of countries on participating in gas flaring and venting reduction programs, imposing government regulatory norms to ensure safety and security at manufacturing plants, and increasing demand for reliable safety solutions in high-pressure environments are key market driving factors.

Asia Pacific High-Integrity Pressure Protection System (HIPPS) market in is projected to grow at a rapid rate in coming years owing to significant growth in chemicals industry as well as growing number of oil and gas refineries. The region provides a high potential for installation of HIPPS in the oil & gas, chemicals, and power generation industries.

The increasing demand for petrochemicals in countries such as India and China are enhancing the production of oil, gas, and chemicals. The oil & gas industry is likely to witness a strong demand for HIPPS in future, with an increasing number of Greenfield projects planned that would augment market demand in the region.

North America is the leading market for HIPPS due to presence of stringent industrial safety standards. Companies in this region follow various industrial safety standards, such as IEC 61508 and IEC 61511, to prevent punitive disciplinary actions and fines.

North American agencies, including ANSI (American National Standards Institute) and OSHA (Occupational Safety and Health Administration), have also implemented industrial safety guidelines, which has resulted in the high adoption of HIPPS in the region.

High installation cost of high-integrity pressure protection systems and lack of awareness are the major restraining factors that are anticipated to curb the market growth in future. However, growing exploration and production activities in the oil & gas industry will offer future growth opportunities for the market players of HIPPS in forthcoming years.

Global High-Integrity Pressure Protection System (HIPPS) Market Insights

The 2019 series of global market size, share, outlook, trends and growth prospects is a comprehensive analysis on global High-Integrity Pressure Protection System (HIPPS) market conditions. Major trends shaping the near and long term future of the industry, opportunities, drivers and restraints of High-Integrity Pressure Protection System (HIPPS) market, detailed porter’s five forces analysis and competitive insights are included in the research report.

Global High-Integrity Pressure Protection System (HIPPS) Market Share by Offering

The report presents the detailed annual outlook of each offering of the High-Integrity Pressure Protection System (HIPPS) market to 2026. Components and services are various offerings included in the High-Integrity Pressure Protection System (HIPPS) market report. Of these offerings, services occupies major share in the global industry.

Global High-Integrity Pressure Protection System (HIPPS) Market Size by Industry

The report presents in-depth insights into each of the leading High-Integrity Pressure Protection System (HIPPS) industry along with annual forecasts to 2026. Various industries that are studied in the report include chemicals, oil & gas, food & beverages, water & wastewater, metals & mining, power generation, pharmaceuticals and others. Chemicals segment is the largest among all the industries.

Global High-Integrity Pressure Protection System (HIPPS) Market Revenue by Region

The current High-Integrity Pressure Protection System (HIPPS) market size in terms of revenue across 5 regions including North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa are studied in the report. In addition, historic data from 2019 and annual forecasts to 2026 are also included in the research report. Globally, Asia Pacific is the fastest growing market for High-Integrity Pressure Protection System (HIPPS).

Global High-Integrity Pressure Protection System (HIPPS) Market Analysis by Company

Top 10 leading companies in global High-Integrity Pressure Protection System (HIPPS) market are analyzed in the report along with their business overview, operations, geographical locations, financial analysis, SWOT profile and High-Integrity Pressure Protection System (HIPPS) products & services.

Global High-Integrity Pressure Protection System (HIPPS) Market News and Recent Developments

Latest news and industry developments in terms of High-Integrity Pressure Protection System (HIPPS) expansions, acquisitions, organic & inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

Scope:

Long term perspective on the High-Integrity Pressure Protection System (HIPPS) industry: 2019 (base year), 2019- 2025 (forecast period)

High-Integrity Pressure Protection System (HIPPS) Market- Forecasts by Segments- Offering and Industry by geography.

  1. The report provides the market outlook by 2 offerings including components and services.
  2. It provides the market outlook by 8 industries including chemicals, oil & gas, food & beverages, water & wastewater, metals & mining, power generation, pharmaceuticals and others.
  3. High-Integrity Pressure Protection System (HIPPS) market across countries in 5 regions including Asia-Pacific, Europe, North America, South & Central America, and Middle East & Africa are covered.

High-Integrity Pressure Protection System (HIPPS) Market- Strategic Analysis Review

  1. Key strategies opted by leading players
  2. Short to Long Term Industry Trends
  3. Porter’s Five Forces Analysis
  4. Supply side and Demand Side Drivers and Challenges

High-Integrity Pressure Protection System (HIPPS) Market- Growth Opportunities

  1. Potential New Business Opportunities
  2. Key Areas of Focus in forecast period

High-Integrity Pressure Protection System (HIPPS) Market- Competitive Scenario

  1. 10 companies are analysed in the report including ABB, Emerson Electric, General Electric, Hima, Honeywell, Rockwell Automation, Schneider Electric, Schlumberger, Siemens and Yokogawa Electric.
  2. Company Peer-to-Peer Comparison
  3. Company Profile and SWOT Analysis
  4. Financial Analysis

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Table of Contents



1. Table of Contents
1.1 List of Tables
1.2 List of Figures



2. Introduction to Global High-Integrity Pressure Protection System (HIPPS) Market
2.1 Global High-Integrity Pressure Protection System (HIPPS) Market Snapshot, 2019
2.2 High-Integrity Pressure Protection System (HIPPS) Industry Overview
2.3 Research Perspective



3. Global High-Integrity Pressure Protection System (HIPPS) Market- Strategic Analysis 
3.1 Short Term and Long Term Industry Trends Affecting Global High-Integrity Pressure Protection System (HIPPS) Market
3.2 Leading High-Integrity Pressure Protection System (HIPPS) Types Targeted by Global Manufacturers 
3.3 Key Consumption Patterns of High-Integrity Pressure Protection System (HIPPS)
3.4 Potential Markets Vital for business Expansion 
3.5 Five Forces Analysis
3.6 Drivers and Restraints



4. Global High-Integrity Pressure Protection System (HIPPS) Market Outlook and Growth Opportunities by Offering
4.1 High-Integrity Pressure Protection System (HIPPS) Market Outlook by Components, 2020-2026
4.2 High-Integrity Pressure Protection System (HIPPS) Market Outlook by Services, 2020-2026



5. Global High-Integrity Pressure Protection System (HIPPS) Market Outlook and Growth Opportunities by Industry
5.1 High-Integrity Pressure Protection System (HIPPS) Demand in Chemicals, Market Outlook, 2020-2026
5.2 High-Integrity Pressure Protection System (HIPPS) Demand in Oil & Gas, Market Outlook, 2020-2026
5.3 High-Integrity Pressure Protection System (HIPPS) Demand in Food & Beverages, Market Outlook, 2020-2026
5.4 High-Integrity Pressure Protection System (HIPPS) Demand in Water & Wastewater, Market Outlook, 2020-2026
5.5 High-Integrity Pressure Protection System (HIPPS) Demand in Metals & Mining, Market Outlook, 2020-2026
5.6 High-Integrity Pressure Protection System (HIPPS) Demand in Power Generation, Market Outlook, 2020-2026
5.7 High-Integrity Pressure Protection System (HIPPS) Demand in Pharmaceuticals, Market Outlook, 2020-2026
5.8 High-Integrity Pressure Protection System (HIPPS) Demand in Other Industries, Market Outlook, 2020-2026



6. Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market Outlook and Growth Opportunities
6.1 Key Findings, 2019
6.2 Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market Outlook by Offering, 2020-2026
6.3 Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market Outlook by Industry, 2020-2026
6.4 Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market Outlook by Country, 2020-2026



7. Europe High-Integrity Pressure Protection System (HIPPS) Market Outlook and Growth Opportunities
7.1 Key Findings, 2019
7.2 Europe High-Integrity Pressure Protection System (HIPPS) Market Outlook by Offering, 2020-2026
7.3 Europe High-Integrity Pressure Protection System (HIPPS) Market Outlook by Industry, 2020-2026
7.4 Europe High-Integrity Pressure Protection System (HIPPS) Market Outlook by Country, 2020-2026



8. North America High-Integrity Pressure Protection System (HIPPS) Market Outlook and Growth Opportunities
8.1 Key Findings, 2019
8.2 North America High-Integrity Pressure Protection System (HIPPS) Market Outlook by Offering, 2020-2026
8.3 North America High-Integrity Pressure Protection System (HIPPS) Market Outlook by Industry, 2020-2026
8.4 North America High-Integrity Pressure Protection System (HIPPS) Market Outlook by Country, 2020-2026



9. South & Central America High-Integrity Pressure Protection System (HIPPS) Market Outlook and Growth Opportunities
9.1 Key Findings, 2019
9.2 South & Central America High-Integrity Pressure Protection System (HIPPS) Market Outlook by Offering, 2020-2026
9.3South & Central America High-Integrity Pressure Protection System (HIPPS) Market Outlook by Industry, 2020-2026
9.4South & Central America High-Integrity Pressure Protection System (HIPPS) Market Outlook by Country, 2020-2026



10. Middle East & Africa High-Integrity Pressure Protection System (HIPPS) Market Outlook and Growth Opportunities
10.1 Key Findings, 2019
10.2 Middle East & Africa High-Integrity Pressure Protection System (HIPPS) Market Outlook by Offering, 2020-2026
10.3 Middle East & Africa High-Integrity Pressure Protection System (HIPPS) Market Outlook by Industry, 2020-2026
10.4 Middle East & Africa High-Integrity Pressure Protection System (HIPPS) Market Outlook by Country, 2020-2026



11. Competitive Landscape
11.1 Leading Players (Company Profile, SWOT Analysis, High-Integrity Pressure Protection System (HIPPS) Products, Financial Analysis)
11.1.1 ABB 
11.1.2 Emerson Electric
11.1.3 General Electric
11.1.4 Hima
11.1.5 Honeywell
11.1.6 Rockwell Automation
11.1.7 Schneider Electric
11.1.8 Schlumberger
11.1.9 Siemens
11.1.10 Yokogawa Electric
11.2 Company Benchmarking 
11.3 Financial Analysis



12. Recent News and Deals Landscape
12.1 Mergers and Acquisitions
12.2 New Product Launches
12.3 Asset Transactions
12.4 Financial Announcements



13. Appendix
13.1 OG Analysis Expertise
13.2 Sources and Research Methodology
13.3 Contact Information

 



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