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High-Integrity Pressure Protection System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

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2023³â ½ÃÀå °¡Ä¡ 4¾ï 2,160¸¸ ´Þ·¯
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CAGR6.2%

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  • ABB
  • Emerson Electric Co.
  • HIMA Paul Hildebrandt GmbH
  • IMI Critical Engineering
  • L&T Valves Limited
  • MICA Controls Ltd.
  • Mokveld Valves BV
  • MV Nederland BV
  • Rockwell Automation, Inc.
  • Schlumberger Limited
  • Schneider Electric SE
  • Yokogawa Electric Corp.

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KSA 23.10.10

High-Integrity Pressure Protection System (HIPPS) Market - Scope of Report

TMR's report on the global high-integrity pressure protection system (HIPPS) market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global high-integrity pressure protection system (HIPPS) market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global high-integrity pressure protection system (HIPPS) market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the high-integrity pressure protection system (HIPPS) market.

Market Snapshot
Market Value in 2023US$ 421.6 Mn
Market Value in 2031US$ 702.8 Mn
CAGR6.2%

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global high-integrity pressure protection system (HIPPS) market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global high-integrity pressure protection system (HIPPS) market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global high-integrity pressure protection system (HIPPS) market.

The report delves into the competitive landscape of the global high-integrity pressure protection system (HIPPS) market. Key players operating in the global high-integrity pressure protection system (HIPPS) market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global high-integrity pressure protection system (HIPPS) market profiled in this report.

Key Questions Answered in Global High-Integrity Pressure Protection System (HIPPS) Market Report:

  • What is the sales/revenue generated by high-integrity pressure protection system (HIPPS) across all regions during the forecast period?
  • What are the opportunities in the global high-integrity pressure protection system (HIPPS) market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

High-Integrity Pressure Protection System (HIPPS) Market - Research Objectives and Research Approach

The comprehensive report on the global high-integrity pressure protection system (HIPPS) market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global high-integrity pressure protection system (HIPPS) market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global high-integrity pressure protection system (HIPPS) market.

Table of Contents

1. Preface

  • 1.1. Market and Segments Definition
  • 1.2. Market Taxonomy
  • 1.3. Research Methodology
  • 1.4. Assumption and Acronyms

2. Executive Summary

  • 2.1. Global High-Integrity Pressure Protection System (HIPPS) Market Overview
  • 2.2. Regional Outline
  • 2.3. Industry Outline
  • 2.4. Market Dynamics Snapshot
  • 2.5. Competition Blueprint

3. Market Dynamics

  • 3.1. Macro-economic Factors
  • 3.2. Drivers
  • 3.3. Restraints
  • 3.4. Opportunities
  • 3.5. Key Trends
  • 3.6. Regulatory Scenario

4. Associated Industry and Key Indicator Assessment

  • 4.1. Parent Industry Overview - Global Industrial Automation and Control Industry Overview
  • 4.2. Supply Chain Analysis
  • 4.3. Pricing Analysis
  • 4.4. Technology Roadmap Analysis
  • 4.5. Industry SWOT Analysis
  • 4.6. Porter Five Forces Analysis

5. Global High-Integrity Pressure Protection System (HIPPS) Market Analysis, by Type

  • 5.1. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 5.1.1. Electronic HIPPS
    • 5.1.2. Mechanical HIPPS
  • 5.2. Market Attractiveness Analysis, by Type

6. Global High-Integrity Pressure Protection System (HIPPS) Market Analysis, by Component

  • 6.1. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Component, 2017-2031
    • 6.1.1. Field Initiator
    • 6.1.2. Logic Solver
    • 6.1.3. Valves
    • 6.1.4. Actuators
    • 6.1.5. Others
  • 6.2. Market Attractiveness Analysis, by Component

7. Global High-Integrity Pressure Protection System (HIPPS) Market Analysis, by Service

  • 7.1. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by Service, 2017-2031
    • 7.1.1. Training & Consulting
    • 7.1.2. Installation, Repair, and Maintenance
    • 7.1.3. Inspection and Certification
  • 7.2. Market Attractiveness Analysis, by Service

8. Global High-Integrity Pressure Protection System (HIPPS) Market Analysis, by End-use Industry

  • 8.1. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
    • 8.1.1. Oil & Gas
    • 8.1.2. Chemicals & Petrochemicals
    • 8.1.3. Energy & Power
    • 8.1.4. Food & Beverage
    • 8.1.5. Metals & Mining
    • 8.1.6. Others
  • 8.2. Market Attractiveness Analysis, by End-use Industry

9. Global High-Integrity Pressure Protection System (HIPPS) Market Analysis and Forecast, by Region

  • 9.1. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Region, 2017-2031
    • 9.1.1. North America
    • 9.1.2. Europe
    • 9.1.3. Asia Pacific
    • 9.1.4. Middle East & Africa
    • 9.1.5. South America
  • 9.2. Market Attractiveness Analysis, by Region

10. North America High-Integrity Pressure Protection System (HIPPS) Market Analysis and Forecast

  • 10.1. Market Snapshot
  • 10.2. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 10.2.1. Electronic HIPPS
    • 10.2.2. Mechanical HIPPS
  • 10.3. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Component, 2017-2031
    • 10.3.1. Field Initiator
    • 10.3.2. Logic Solver
    • 10.3.3. Valves
    • 10.3.4. Actuators
    • 10.3.5. Others
  • 10.4. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by Service, 2017-2031
    • 10.4.1. Training & Consulting
    • 10.4.2. Installation, Repair, and Maintenance
    • 10.4.3. Inspection and Certification
  • 10.5. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
    • 10.5.1. Oil & Gas
    • 10.5.2. Chemicals & Petrochemicals
    • 10.5.3. Energy & Power
    • 10.5.4. Food & Beverage
    • 10.5.5. Metals & Mining
    • 10.5.6. Others
  • 10.6. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 10.6.1. U.S.
    • 10.6.2. Canada
    • 10.6.3. Rest of North America
  • 10.7. Market Attractiveness Analysis
    • 10.7.1. By Type
    • 10.7.2. By Component
    • 10.7.3. By Service
    • 10.7.4. By End-use Industry
    • 10.7.5. By Country/Sub-region

11. Europe High-Integrity Pressure Protection System (HIPPS) Market Analysis and Forecast

  • 11.1. Market Snapshot
  • 11.2. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 11.2.1. Electronic HIPPS
    • 11.2.2. Mechanical HIPPS
  • 11.3. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Component, 2017-2031
    • 11.3.1. Field Initiator
    • 11.3.2. Logic Solver
    • 11.3.3. Valves
    • 11.3.4. Actuators
    • 11.3.5. Others
  • 11.4. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by Service, 2017-2031
    • 11.4.1. Training & Consulting
    • 11.4.2. Installation, Repair, and Maintenance
    • 11.4.3. Inspection and Certification
  • 11.5. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
    • 11.5.1. Oil & Gas
    • 11.5.2. Chemicals & Petrochemicals
    • 11.5.3. Energy & Power
    • 11.5.4. Food & Beverage
    • 11.5.5. Metals & Mining
    • 11.5.6. Others
  • 11.6. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 11.6.1. U.K.
    • 11.6.2. Germany
    • 11.6.3. France
    • 11.6.4. Rest of Europe
  • 11.7. Market Attractiveness Analysis
    • 11.7.1. By Type
    • 11.7.2. By Component
    • 11.7.3. By Service
    • 11.7.4. By End-use Industry
    • 11.7.5. By Country/Sub-region

12. Asia Pacific High-Integrity Pressure Protection System (HIPPS) Market Analysis and Forecast

  • 12.1. Market Snapshot
  • 12.2. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 12.2.1. Electronic HIPPS
    • 12.2.2. Mechanical HIPPS
  • 12.3. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Component, 2017-2031
    • 12.3.1. Field Initiator
    • 12.3.2. Logic Solver
    • 12.3.3. Valves
    • 12.3.4. Actuators
    • 12.3.5. Others
  • 12.4. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by Service, 2017-2031
    • 12.4.1. Training & Consulting
    • 12.4.2. Installation, Repair, and Maintenance
    • 12.4.3. Inspection and Certification
  • 12.5. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
    • 12.5.1. Oil & Gas
    • 12.5.2. Chemicals & Petrochemicals
    • 12.5.3. Energy & Power
    • 12.5.4. Food & Beverage
    • 12.5.5. Metals & Mining
    • 12.5.6. Others
  • 12.6. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 12.6.1. China
    • 12.6.2. Japan
    • 12.6.3. India
    • 12.6.4. South Korea
    • 12.6.5. ASEAN
    • 12.6.6. Rest of Asia Pacific
  • 12.7. Market Attractiveness Analysis
    • 12.7.1. By Type
    • 12.7.2. By Component
    • 12.7.3. By Service
    • 12.7.4. By End-use Industry
    • 12.7.5. By Country/Sub-region

13. Middle East & Africa High-Integrity Pressure Protection System (HIPPS) Market Analysis and Forecast

  • 13.1. Market Snapshot
  • 13.2. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 13.2.1. Electronic HIPPS
    • 13.2.2. Mechanical HIPPS
  • 13.3. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Component, 2017-2031
    • 13.3.1. Field Initiator
    • 13.3.2. Logic Solver
    • 13.3.3. Valves
    • 13.3.4. Actuators
    • 13.3.5. Others
  • 13.4. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by Service, 2017-2031
    • 13.4.1. Training & Consulting
    • 13.4.2. Installation, Repair, and Maintenance
    • 13.4.3. Inspection and Certification
  • 13.5. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
    • 13.5.1. Oil & Gas
    • 13.5.2. Chemicals & Petrochemicals
    • 13.5.3. Energy & Power
    • 13.5.4. Food & Beverage
    • 13.5.5. Metals & Mining
    • 13.5.6. Others
  • 13.6. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 13.6.1. GCC
    • 13.6.2. South Africa
    • 13.6.3. Rest of Middle East & Africa
  • 13.7. Market Attractiveness Analysis
    • 13.7.1. By Type
    • 13.7.2. By Component
    • 13.7.3. By Service
    • 13.7.4. By End-use Industry
    • 13.7.5. By Country/Sub-region

14. South America High-Integrity Pressure Protection System (HIPPS) Market Analysis and Forecast

  • 14.1. Market Snapshot
  • 14.2. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031
    • 14.2.1. Electronic HIPPS
    • 14.2.2. Mechanical HIPPS
  • 14.3. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Component, 2017-2031
    • 14.3.1. Field Initiator
    • 14.3.2. Logic Solver
    • 14.3.3. Valves
    • 14.3.4. Actuators
    • 14.3.5. Others
  • 14.4. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by Service, 2017-2031
    • 14.4.1. Training & Consulting
    • 14.4.2. Installation, Repair, and Maintenance
    • 14.4.3. Inspection and Certification
  • 14.5. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017-2031
    • 14.5.1. Oil & Gas
    • 14.5.2. Chemicals & Petrochemicals
    • 14.5.3. Energy & Power
    • 14.5.4. Food & Beverage
    • 14.5.5. Metals & Mining
    • 14.5.6. Others
  • 14.6. High-Integrity Pressure Protection System (HIPPS) Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 14.6.1. Brazil
    • 14.6.2. Rest of South America
  • 14.7. Market Attractiveness Analysis
    • 14.7.1. By Type
    • 14.7.2. By Component
    • 14.7.3. By Service
    • 14.7.4. By End-use Industry
    • 14.7.5. By Country/Sub-region

15. Competition Assessment

  • 15.1. Global High-Integrity Pressure Protection System (HIPPS) Market Competition Matrix - a Dashboard View
    • 15.1.1. Global High-Integrity Pressure Protection System (HIPPS) Market Company Share Analysis, by Value (2022)
    • 15.1.2. Technological Differentiator

16. Company Profiles (Global Manufacturers/Suppliers)

  • 16.1. ABB
    • 16.1.1. Overview
    • 16.1.2. Product Portfolio
    • 16.1.3. Sales Footprint
    • 16.1.4. Key Subsidiaries or Distributors
    • 16.1.5. Strategy and Recent Developments
    • 16.1.6. Key Financials
  • 16.2. Emerson Electric Co.
    • 16.2.1. Overview
    • 16.2.2. Product Portfolio
    • 16.2.3. Sales Footprint
    • 16.2.4. Key Subsidiaries or Distributors
    • 16.2.5. Strategy and Recent Developments
    • 16.2.6. Key Financials
  • 16.3. HIMA Paul Hildebrandt GmbH
    • 16.3.1. Overview
    • 16.3.2. Product Portfolio
    • 16.3.3. Sales Footprint
    • 16.3.4. Key Subsidiaries or Distributors
    • 16.3.5. Strategy and Recent Developments
    • 16.3.6. Key Financials
  • 16.4. IMI Critical Engineering
    • 16.4.1. Overview
    • 16.4.2. Product Portfolio
    • 16.4.3. Sales Footprint
    • 16.4.4. Key Subsidiaries or Distributors
    • 16.4.5. Strategy and Recent Developments
    • 16.4.6. Key Financials
  • 16.5. L&T Valves Limited
    • 16.5.1. Overview
    • 16.5.2. Product Portfolio
    • 16.5.3. Sales Footprint
    • 16.5.4. Key Subsidiaries or Distributors
    • 16.5.5. Strategy and Recent Developments
    • 16.5.6. Key Financials
  • 16.6. MICA Controls Ltd.
    • 16.6.1. Overview
    • 16.6.2. Product Portfolio
    • 16.6.3. Sales Footprint
    • 16.6.4. Key Subsidiaries or Distributors
    • 16.6.5. Strategy and Recent Developments
    • 16.6.6. Key Financials
  • 16.7. Mokveld Valves BV
    • 16.7.1. Overview
    • 16.7.2. Product Portfolio
    • 16.7.3. Sales Footprint
    • 16.7.4. Key Subsidiaries or Distributors
    • 16.7.5. Strategy and Recent Developments
    • 16.7.6. Key Financials
  • 16.8. MV Nederland BV
    • 16.8.1. Overview
    • 16.8.2. Product Portfolio
    • 16.8.3. Sales Footprint
    • 16.8.4. Key Subsidiaries or Distributors
    • 16.8.5. Strategy and Recent Developments
    • 16.8.6. Key Financials
  • 16.9. Rockwell Automation, Inc.
    • 16.9.1. Overview
    • 16.9.2. Product Portfolio
    • 16.9.3. Sales Footprint
    • 16.9.4. Key Subsidiaries or Distributors
    • 16.9.5. Strategy and Recent Developments
    • 16.9.6. Key Financials
  • 16.10. Schlumberger Limited
    • 16.10.1. Overview
    • 16.10.2. Product Portfolio
    • 16.10.3. Sales Footprint
    • 16.10.4. Key Subsidiaries or Distributors
    • 16.10.5. Strategy and Recent Developments
    • 16.10.6. Key Financials
  • 16.11. Schneider Electric SE
    • 16.11.1. Overview
    • 16.11.2. Product Portfolio
    • 16.11.3. Sales Footprint
    • 16.11.4. Key Subsidiaries or Distributors
    • 16.11.5. Strategy and Recent Developments
    • 16.11.6. Key Financials
  • 16.12. Yokogawa Electric Corp.
    • 16.12.1. Overview
    • 16.12.2. Product Portfolio
    • 16.12.3. Sales Footprint
    • 16.12.4. Key Subsidiaries or Distributors
    • 16.12.5. Strategy and Recent Developments
    • 16.12.6. Key Financials

17. Go to Market Strategy

  • 17.1. Identification of Potential Market Spaces
  • 17.2. Preferred Sales & Marketing Strategy
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