Market Size & Trends
The global high-integrity pressure protection systems market size was estimated at USD 456.8 million in 2023 and is projected to reach at a CAGR of 7.3% from 2024 to 2030. The compelling organizations are investing in advanced safety systems like high-integrity pressure protection systems (HIPPS) due to stringent safety regulations and standards in sectors such as oil and gas, chemicals, and pharmaceuticals. These systems are designed to prevent overpressure incidents in critical process pipelines and equipment, thereby safeguarding personnel, the environment, and assets.
Technological advancements in automation and control systems are enhancing the capabilities and reliability of HIPPS. Modern HIPPS incorporates sophisticated sensors, actuators, and logic solvers that can detect pressure deviations swiftly and initiate rapid shutdown procedures. This level of automation not only minimizes human error but also enables faster response times, reducing the likelihood of equipment damage and operational downtime. Industries are thus drawn to HIPPS not only for their safety benefits but also for their potential to optimize operational efficiency and maintain continuous production.
Global High-integrity Pressure Protection System Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the high-integrity pressure protection systems market based on type, offering, end use, and region.
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Electronic HIPPS
- Hydraulic/Mechanical HIPPS
- Offering Outlook (Revenue, USD Million, 2018 - 2030)
- Component
- Services
- End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Oil & Gas
- Water & Wastewater
- Food & Beverage
- Chemicals
- Food & Beverage
- Pharmaceutical
- Power Generation
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Third Party Perspective
- 1.4.5. Information Analysis
- 1.5. Information Analysis
- 1.5.1. Data Analysis Models
- 1.5.2. Market Formulation & Data Visualization
- 1.5.3. Data Validation & Publishing
- 1.6. Research Scope and Assumptions
- 1.6.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. High-Integrity Pressure Protection Systems Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Concentration & Penetration Outlook
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Supplier Outlook
- 3.3.2. Component Supplier Outlook
- 3.3.3. Manufacturer Outlook
- 3.3.4. Distribution Outlook
- 3.3.5. Offering Outlook
- 3.4. Technology Overview
- 3.5. Regulatory Framework
- 3.6. Market Dynamics
- 3.6.1. Market Drivers Analysis
- 3.6.2. Market Restraints Analysis
- 3.6.3. Market Opportunity Analysis
- 3.6.4. Market Challenge Analysis
- 3.7. High-Integrity Pressure Protection Systems Market Analysis Tools
- 3.7.1. Porter's Analysis
- 3.7.1.1. Bargaining power of the suppliers
- 3.7.1.2. Bargaining power of the buyers
- 3.7.1.3. Threats of substitution
- 3.7.1.4. Threats from new entrants
- 3.7.1.5. Competitive rivalry
- 3.7.2. PESTEL Analysis
- 3.7.2.1. Political landscape
- 3.7.2.2. Economic and Social landscape
- 3.7.2.3. Technological landscape
- 3.7.2.4. Environmental landscape
- 3.7.2.5. Legal landscape
- 3.8. Economic Mega Trend Analysis
Chapter 4. High-Integrity Pressure Protection Systems Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. High-Integrity Pressure Protection Systems Market: Type Movement Analysis, USD Million, 2023 & 2030
- 4.3. Electronic HIPPS
- 4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Hydraulic/Mechanical HIPPS
- 4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Renewables
- 4.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.2. Geothermal
- 4.5.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.3. Biomass & Biofuel
- 4.5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.4. Others
- 4.5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Oil & Petroleum Products
- 4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Others
- 4.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. High-Integrity Pressure Protection Systems Market: Offering Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. High-Integrity Pressure Protection Systems Market: Offering Movement Analysis, USD Million, 2023 & 2030
- 5.3. Component
- 5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.2. Field Initiators
- 5.3.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.3. Logic Solver
- 5.3.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.4. Final Element
- 5.3.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.5. Others'
- 5.3.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Services
- 5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.2. Testing, Inspection, and Certification
- 5.4.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.3. Maintenance
- 5.4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.4. Training and Consultation
- 5.4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. High-Integrity Pressure Protection Systems Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. High-Integrity Pressure Protection Systems Market: Offering Movement Analysis, USD Million, 2023 & 2030
- 6.3. Oil & Gas
- 6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Water & Wastewater
- 6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Food & Beverage
- 6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Chemicals
- 6.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Food & Beverage
- 6.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Pharmaceutical
- 6.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.9. Power Generation
- 6.9.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.10. Others
- 6.10.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. High-Integrity Pressure Protection Systems Market: Region Estimates & Trend Analysis
- 7.1. High-Integrity Pressure Protection Systems Market Share, By Region, 2023 & 2030, USD Million
- 7.2. North America
- 7.2.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.2.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.2.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.2.5. U.S.
- 7.2.5.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.5.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.2.5.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.2.5.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.2.6. Canada
- 7.2.6.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.6.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.2.6.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.2.6.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.5. UK
- 7.3.5.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.5.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.5.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.5.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.6. Germany
- 7.3.6.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.6.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.6.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.6.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.7. France
- 7.3.7.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.7.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.7.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.7.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.8. Finland
- 7.3.8.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.8.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.8.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.8.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.9. Sweden
- 7.3.9.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.9.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.9.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.9.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.10. Russia
- 7.3.10.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.10.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.10.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.10.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.11. Austria
- 7.3.11.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.11.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.11.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.11.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.12. Poland
- 7.3.12.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.12.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.12.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.12.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.13. Czech Republic
- 7.3.13.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.13.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.13.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.13.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.14. Italy
- 7.3.14.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.14.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.14.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.14.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.3.15. Denmark
- 7.3.15.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.15.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.3.15.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.3.15.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.4.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.4.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.4.5. China
- 7.4.5.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.4.5.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.4.5.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.4.6. Japan
- 7.4.6.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.4.6.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.4.6.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
- 7.4.7. South Korea
- 7.4.7.1. High-Integrity Pressure Protection Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.7.2. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Million)
- 7.4.7.3. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 7.4.7.4. High-Integrity Pressure Protection Systems Market Estimates and Forecasts by Offering, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Market Share Analysis, 2023
- 8.5. Company Heat Map Analysis, 2023
- 8.6. Strategy Mapping
- 8.7. Company Profiles
- 8.7.1. SLB.
- 8.7.1.1. Participant's Overview
- 8.7.1.2. Financial Performance
- 8.7.1.3. Application Benchmarking
- 8.7.1.4. Strategic Initiatives
- 8.7.2. HIMA
- 8.7.2.1. Participant's Overview
- 8.7.2.2. Financial Performance
- 8.7.2.3. Application Benchmarking
- 8.7.2.4. Strategic Initiatives
- 8.7.3. Siemens
- 8.7.3.1. Participant's Overview
- 8.7.3.2. Financial Performance
- 8.7.3.3. Application Benchmarking
- 8.7.3.4. Strategic Initiatives
- 8.7.4. IMI
- 8.7.4.1. Participant's Overview
- 8.7.4.2. Financial Performance
- 8.7.4.3. Application Benchmarking
- 8.7.4.4. Strategic Initiatives
- 8.7.5. L&T Valves Limited. (LARSEN & TOUBRO LIMITED)
- 8.7.5.1. Participant's Overview
- 8.7.5.2. Financial Performance
- 8.7.5.3. Application Benchmarking
- 8.7.5.4. Strategic Initiatives
- 8.7.6. Ringo Valvulas (Samson AG group)
- 8.7.6.1. Participant's Overview
- 8.7.6.2. Financial Performance
- 8.7.6.3. Application Benchmarking
- 8.7.6.4. Strategic Initiatives
- 8.7.7. Yokogawa Electric Corportation
- 8.7.7.1. Participant's Overview
- 8.7.7.2. Financial Performance
- 8.7.7.3. Application Benchmarking
- 8.7.7.4. Strategic Initiatives
- 8.7.8. Maverick Valves (MV Nederland BV)
- 8.7.8.1. Participant's Overview
- 8.7.8.2. Financial Performance
- 8.7.8.3. Application Benchmarking
- 8.7.8.4. Strategic Initiatives
- 8.7.9. Ampo
- 8.7.9.1. Participant's Overview
- 8.7.9.2. Financial Performance
- 8.7.9.3. Application Benchmarking
- 8.7.9.4. Strategic Initiatives
- 8.7.10. Emerson Electric Co.
- 8.7.10.1. Participant's Overview
- 8.7.10.2. Financial Performance
- 8.7.10.3. Application Benchmarking
- 8.7.10.4. Strategic Initiatives
- 8.7.11. Rockwell Automation
- 8.7.11.1. Participant's Overview
- 8.7.11.2. Financial Performance
- 8.7.11.3. Application Benchmarking
- 8.7.11.4. Strategic Initiatives
- 8.7.12. Schneider Electric
- 8.7.12.1. Participant's Overview
- 8.7.12.2. Financial Performance
- 8.7.12.3. Application Benchmarking
- 8.7.12.4. Strategic Initiatives
- 8.7.13. ABB
- 8.7.13.1. Participant's Overview
- 8.7.13.2. Financial Performance
- 8.7.13.3. Application Benchmarking
- 8.7.13.4. Strategic Initiatives
- 8.7.14. Baker Hughes Company
- 8.7.14.1. Participant's Overview
- 8.7.14.2. Financial Performance
- 8.7.14.3. Application Benchmarking
- 8.7.14.4. Strategic Initiatives
- 8.7.15. Mokveld Valves B.V.
- 8.7.15.1. Participant's Overview
- 8.7.15.2. Financial Performance
- 8.7.15.3. Application Benchmarking
- 8.7.15.4. Strategic Initiatives