高信頼性圧力保護システム市場の2030年までの予測： タイプ別、コンポーネント別、サービス別、エンドユーザー別、地域別の世界分析

Stratistics MRCによると、高信頼性圧力保護システムの世界市場は2023年に5億2,610万米ドルを占め、予測期間中にCAGR 8.7%で成長し、2030年には9億4,330万米ドルに達する見込みです。

高信頼性圧力保護システム（HIPPS）は、パイプラインやプロセス容器の過圧を防止するために設計された安全計装システムです。センサー、ロジックソルバー、バルブなどの最終要素で構成されます。圧力が安全限界を超えると、高信頼性圧力保護システムは迅速に流れを遮断するか、安全なレベルまで低下させ、爆発や漏れのような潜在的な災害を回避します。高信頼性圧力保護システムは、他の制御システムから独立して自律的に作動し、危機的な状況における迅速な対応と信頼性を保証します。その設計は厳格な安全基準に準拠しており、高圧事故に対する強固なバリアを提供し、産業環境における人員と資産の両方を保護します。

IEAによると、今後5年間のガス需要はアジア太平洋地域が牽引し、2024年までに総消費量増加の60％近くを占めると予想されています。

安全性とリスク管理に対する需要の増加

安全問題に対する意識の高まりは、石油・ガスのような伝統的な分野以外の産業にも高信頼性圧力保護システムの採用を促しています。メーカーは、進化する業界の安全要件を満たすため、機能性、信頼性、性能を強化したシステムの開発に努めています。化学、製薬、発電などの業界は、リスク軽減の重要性を認識し、高信頼性圧力保護システムをプロセスに組み込むことで、市場の範囲を拡大しています。

設計と実装の複雑さ

高集積度圧力保護システム・システムの設計には、圧力制御の複雑さ、安全プロトコル、関連規制を理解する高度に熟練したエンジニアが必要です。このような専門知識は、エンジニアリング・コストの上昇につながります。このため、エンジニアリング期間が長期化し、高信頼性圧力保護システムの設置や運用が遅れ、プロジェクトの予算や生産スケジュールに影響を及ぼします。さらに、こうしたエラーを修正するのにも費用がかかり、プロジェクトの完了がさらに遅れるため、市場の成長の妨げとなります。

新興国における都市化と工業化の進展

都市化と工業化は、パイプライン、製油所、化学プラント、発電施設などの新しいインフラの開発につながります。生産量が増加するにつれて、過圧現象などの潜在的な危険から人員、設備、環境を保護する高信頼性圧力保護システムのような堅牢な安全システムの必要性も高まっています。さらに、新興国の政府や規制機関は、事故のリスクを最小限に抑え、安全プロトコルの遵守を確実にするために、高信頼性圧力保護システムのような高度な安全技術の使用を義務付けていることが多く、これが市場の成長を後押ししています。

限られた認識

認識が限定的であるため、産業界は過圧現象に関連するリスクや、適切な保護対策を講じなかった場合の潜在的な影響を過小評価する可能性があります。産業界は、完全性の高い圧力保護システムを検討または導入しないことで、安全性を高め、リスクを軽減する機会を逃す可能性があります。このような分断は顧客を混乱させ、標準化の努力を妨げ、メーカーが市場優位性を確立し、事業を効率的に拡大することをより困難にする可能性があります。

COVID-19の影響

COVID-19パンデミックは当初、プロジェクトの遅延、サプライチェーンの混乱、産業部門における投資の減少により、高信頼性圧力保護システム（HIPPS）市場を減速させました。しかし、産業界が新たな安全プロトコルに適応して操業を再開すると、安全性とリスク管理に再び焦点が当てられるようになり、高信頼性圧力保護システムの需要が急増しました。遠隔監視と予知保全ソリューションが人気を博し、産業界は重要インフラの回復力への投資を優先しました。パンデミックはデジタル化の動向も加速させ、高信頼性圧力保護システム技術の革新を促進しました。

予測期間中、電子セグメントが最大となる見込み

電子システムは、高信頼性圧力保護システムにおいて、圧力レベル、バルブ位置、その他の重要なパラメータのリアルタイム監視を可能にするため、電子セグメントは有利な成長を遂げると推定されます。これにより、プロセスのより正確な制御が可能になり、圧力が安全な限界内に維持されることが保証され、異常状態への迅速な対応が可能になるため、運用の柔軟性と効率が高まります。

予測期間中、フィールド・イニシエータ分野のCAGRが最も高くなると予想されます。

フィールド・イニシエータ分野は、予測期間中に最も高いCAGR成長が見込まれます。フィールド・イニシエータは、高信頼性圧力保護システムが圧力偏差を迅速に検出し、異常発生源に近い場所で保護アクションを開始することを可能にします。その結果、応答時間が短縮され、機器損傷の可能性が減少し、安全リスクがより効果的に軽減されます。これは、石油・ガス、石油化学、医薬品など、安全規制の遵守が最も重要な産業において特に重要です。

最大のシェアを占める地域

アジア太平洋地域は、石油・ガス産業におけるガスのフレアリングとガス抜きによる環境への影響に対する懸念の高まりから、予測期間中に最大の市場シェアを占めると予測されます。高信頼性圧力保護システムは、機器を安全に隔離し、制御された方法で圧力を解放することで、フレアリングとガス抜きを削減するのに役立ちます。この市場の主要企業は通常、圧力レベルを監視・制御するためのバルブ、センサー、コントローラー、ソフトウェアなど、さまざまな高信頼性圧力保護システム・ソリューションを提供しています。これらのシステムは、信頼性の高い操作と安全規制への準拠を保証するため、産業施設のプロセス制御および安全システム全体に統合されることが多いです。

CAGRが最も高い地域：

北米は、特に石油・ガス、化学、発電などの分野で急速な工業化が進んでいるため、予測期間中のCAGRが最も高くなると予測されます。この成長により、製油所、化学プラント、発電所の新設が必要となり、これらのプラントでは安全な運転のために高信頼性の圧力保護システムが必要となります。さらにこの地域の政府は、産業安全に関する規制を強化しています。これらの規制は、高圧アプリケーションにおける高信頼性圧力保護システムのような安全計装システム（SIS）の使用を義務付けています。

無料のカスタマイズサービス：

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレイヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の高信頼性圧力保護システム市場：タイプ別

• 電子
• 機械

第6章 世界の高信頼性圧力保護システム市場：コンポーネント別

• フィールドイニシエーター
• ロジックソルバー
• バルブ
• アクチュエータ
• その他のコンポーネント

第7章 世界の高信頼性圧力保護システム市場：サービス別

• 試験、検査、認証
• メンテナンス
• トレーニングとコンサルティング

第8章 世界の高信頼性圧力保護システム市場：エンドユーザー別

• 石油ガス
• 化学薬品
• 医薬品
• 発電
• 水と廃水
• その他のエンドユーザー

第9章 世界の高信頼性圧力保護システム市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第10章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第11章 企業プロファイリング

• ABB Ltd
• ATV Hipps
• BEL Valves（British Engines Limited）
• Ceasefire Industries Pvt. Ltd
• Electro Detectors Ltd
• Emerson Electric Co.
• HIMA Paul Hildebrandt GmbH
• Hochiki Corporation
• L&T Valves Limited（Larsen & Toubro Limited）
• Mogas Industries Inc.
• Mokveld Valves BV
• Napco Security technologies, Inc.
• PetrolValves SpA
• Rockwell Automation
• Schlumberger NV
• Schneider Electric
• SELLA CONTROLS Ltd
• Severn Glocon Group
• Siemens AG
• Yokogawa Electric Corporation

List of Tables

• Table 1 Global High-Integrity Pressure Protection System Market Outlook, By Region (2021-2030) ($MN)
• Table 2 Global High-Integrity Pressure Protection System Market Outlook, By Type (2021-2030) ($MN)
• Table 3 Global High-Integrity Pressure Protection System Market Outlook, By Electronic (2021-2030) ($MN)
• Table 4 Global High-Integrity Pressure Protection System Market Outlook, By Mechanical (2021-2030) ($MN)
• Table 5 Global High-Integrity Pressure Protection System Market Outlook, By Component (2021-2030) ($MN)
• Table 6 Global High-Integrity Pressure Protection System Market Outlook, By Field Initiator (2021-2030) ($MN)
• Table 7 Global High-Integrity Pressure Protection System Market Outlook, By Logic Solver (2021-2030) ($MN)
• Table 8 Global High-Integrity Pressure Protection System Market Outlook, By Valves (2021-2030) ($MN)
• Table 9 Global High-Integrity Pressure Protection System Market Outlook, By Actuators (2021-2030) ($MN)
• Table 10 Global High-Integrity Pressure Protection System Market Outlook, By Other Components (2021-2030) ($MN)
• Table 11 Global High-Integrity Pressure Protection System Market Outlook, By Service (2021-2030) ($MN)
• Table 12 Global High-Integrity Pressure Protection System Market Outlook, By Testing, Inspection and Certification (2021-2030) ($MN)
• Table 13 Global High-Integrity Pressure Protection System Market Outlook, By Maintenance (2021-2030) ($MN)
• Table 14 Global High-Integrity Pressure Protection System Market Outlook, By Training & Consultation (2021-2030) ($MN)
• Table 15 Global High-Integrity Pressure Protection System Market Outlook, By End User (2021-2030) ($MN)
• Table 16 Global High-Integrity Pressure Protection System Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 17 Global High-Integrity Pressure Protection System Market Outlook, By Chemicals (2021-2030) ($MN)
• Table 18 Global High-Integrity Pressure Protection System Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
• Table 19 Global High-Integrity Pressure Protection System Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 20 Global High-Integrity Pressure Protection System Market Outlook, By Water & Wastewater (2021-2030) ($MN)
• Table 21 Global High-Integrity Pressure Protection System Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 22 North America High-Integrity Pressure Protection System Market Outlook, By Country (2021-2030) ($MN)
• Table 23 North America High-Integrity Pressure Protection System Market Outlook, By Type (2021-2030) ($MN)
• Table 24 North America High-Integrity Pressure Protection System Market Outlook, By Electronic (2021-2030) ($MN)
• Table 25 North America High-Integrity Pressure Protection System Market Outlook, By Mechanical (2021-2030) ($MN)
• Table 26 North America High-Integrity Pressure Protection System Market Outlook, By Component (2021-2030) ($MN)
• Table 27 North America High-Integrity Pressure Protection System Market Outlook, By Field Initiator (2021-2030) ($MN)
• Table 28 North America High-Integrity Pressure Protection System Market Outlook, By Logic Solver (2021-2030) ($MN)
• Table 29 North America High-Integrity Pressure Protection System Market Outlook, By Valves (2021-2030) ($MN)
• Table 30 North America High-Integrity Pressure Protection System Market Outlook, By Actuators (2021-2030) ($MN)
• Table 31 North America High-Integrity Pressure Protection System Market Outlook, By Other Components (2021-2030) ($MN)
• Table 32 North America High-Integrity Pressure Protection System Market Outlook, By Service (2021-2030) ($MN)
• Table 33 North America High-Integrity Pressure Protection System Market Outlook, By Testing, Inspection and Certification (2021-2030) ($MN)
• Table 34 North America High-Integrity Pressure Protection System Market Outlook, By Maintenance (2021-2030) ($MN)
• Table 35 North America High-Integrity Pressure Protection System Market Outlook, By Training & Consultation (2021-2030) ($MN)
• Table 36 North America High-Integrity Pressure Protection System Market Outlook, By End User (2021-2030) ($MN)
• Table 37 North America High-Integrity Pressure Protection System Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 38 North America High-Integrity Pressure Protection System Market Outlook, By Chemicals (2021-2030) ($MN)
• Table 39 North America High-Integrity Pressure Protection System Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
• Table 40 North America High-Integrity Pressure Protection System Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 41 North America High-Integrity Pressure Protection System Market Outlook, By Water & Wastewater (2021-2030) ($MN)
• Table 42 North America High-Integrity Pressure Protection System Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 43 Europe High-Integrity Pressure Protection System Market Outlook, By Country (2021-2030) ($MN)
• Table 44 Europe High-Integrity Pressure Protection System Market Outlook, By Type (2021-2030) ($MN)
• Table 45 Europe High-Integrity Pressure Protection System Market Outlook, By Electronic (2021-2030) ($MN)
• Table 46 Europe High-Integrity Pressure Protection System Market Outlook, By Mechanical (2021-2030) ($MN)
• Table 47 Europe High-Integrity Pressure Protection System Market Outlook, By Component (2021-2030) ($MN)
• Table 48 Europe High-Integrity Pressure Protection System Market Outlook, By Field Initiator (2021-2030) ($MN)
• Table 49 Europe High-Integrity Pressure Protection System Market Outlook, By Logic Solver (2021-2030) ($MN)
• Table 50 Europe High-Integrity Pressure Protection System Market Outlook, By Valves (2021-2030) ($MN)
• Table 51 Europe High-Integrity Pressure Protection System Market Outlook, By Actuators (2021-2030) ($MN)
• Table 52 Europe High-Integrity Pressure Protection System Market Outlook, By Other Components (2021-2030) ($MN)
• Table 53 Europe High-Integrity Pressure Protection System Market Outlook, By Service (2021-2030) ($MN)
• Table 54 Europe High-Integrity Pressure Protection System Market Outlook, By Testing, Inspection and Certification (2021-2030) ($MN)
• Table 55 Europe High-Integrity Pressure Protection System Market Outlook, By Maintenance (2021-2030) ($MN)
• Table 56 Europe High-Integrity Pressure Protection System Market Outlook, By Training & Consultation (2021-2030) ($MN)
• Table 57 Europe High-Integrity Pressure Protection System Market Outlook, By End User (2021-2030) ($MN)
• Table 58 Europe High-Integrity Pressure Protection System Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 59 Europe High-Integrity Pressure Protection System Market Outlook, By Chemicals (2021-2030) ($MN)
• Table 60 Europe High-Integrity Pressure Protection System Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
• Table 61 Europe High-Integrity Pressure Protection System Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 62 Europe High-Integrity Pressure Protection System Market Outlook, By Water & Wastewater (2021-2030) ($MN)
• Table 63 Europe High-Integrity Pressure Protection System Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 64 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Country (2021-2030) ($MN)
• Table 65 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Type (2021-2030) ($MN)
• Table 66 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Electronic (2021-2030) ($MN)
• Table 67 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Mechanical (2021-2030) ($MN)
• Table 68 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Component (2021-2030) ($MN)
• Table 69 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Field Initiator (2021-2030) ($MN)
• Table 70 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Logic Solver (2021-2030) ($MN)
• Table 71 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Valves (2021-2030) ($MN)
• Table 72 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Actuators (2021-2030) ($MN)
• Table 73 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Other Components (2021-2030) ($MN)
• Table 74 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Service (2021-2030) ($MN)
• Table 75 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Testing, Inspection and Certification (2021-2030) ($MN)
• Table 76 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Maintenance (2021-2030) ($MN)
• Table 77 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Training & Consultation (2021-2030) ($MN)
• Table 78 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By End User (2021-2030) ($MN)
• Table 79 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 80 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Chemicals (2021-2030) ($MN)
• Table 81 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
• Table 82 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 83 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Water & Wastewater (2021-2030) ($MN)
• Table 84 Asia Pacific High-Integrity Pressure Protection System Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 85 South America High-Integrity Pressure Protection System Market Outlook, By Country (2021-2030) ($MN)
• Table 86 South America High-Integrity Pressure Protection System Market Outlook, By Type (2021-2030) ($MN)
• Table 87 South America High-Integrity Pressure Protection System Market Outlook, By Electronic (2021-2030) ($MN)
• Table 88 South America High-Integrity Pressure Protection System Market Outlook, By Mechanical (2021-2030) ($MN)
• Table 89 South America High-Integrity Pressure Protection System Market Outlook, By Component (2021-2030) ($MN)
• Table 90 South America High-Integrity Pressure Protection System Market Outlook, By Field Initiator (2021-2030) ($MN)
• Table 91 South America High-Integrity Pressure Protection System Market Outlook, By Logic Solver (2021-2030) ($MN)
• Table 92 South America High-Integrity Pressure Protection System Market Outlook, By Valves (2021-2030) ($MN)
• Table 93 South America High-Integrity Pressure Protection System Market Outlook, By Actuators (2021-2030) ($MN)
• Table 94 South America High-Integrity Pressure Protection System Market Outlook, By Other Components (2021-2030) ($MN)
• Table 95 South America High-Integrity Pressure Protection System Market Outlook, By Service (2021-2030) ($MN)
• Table 96 South America High-Integrity Pressure Protection System Market Outlook, By Testing, Inspection and Certification (2021-2030) ($MN)
• Table 97 South America High-Integrity Pressure Protection System Market Outlook, By Maintenance (2021-2030) ($MN)
• Table 98 South America High-Integrity Pressure Protection System Market Outlook, By Training & Consultation (2021-2030) ($MN)
• Table 99 South America High-Integrity Pressure Protection System Market Outlook, By End User (2021-2030) ($MN)
• Table 100 South America High-Integrity Pressure Protection System Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 101 South America High-Integrity Pressure Protection System Market Outlook, By Chemicals (2021-2030) ($MN)
• Table 102 South America High-Integrity Pressure Protection System Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
• Table 103 South America High-Integrity Pressure Protection System Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 104 South America High-Integrity Pressure Protection System Market Outlook, By Water & Wastewater (2021-2030) ($MN)
• Table 105 South America High-Integrity Pressure Protection System Market Outlook, By Other End Users (2021-2030) ($MN)
• Table 106 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Country (2021-2030) ($MN)
• Table 107 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Type (2021-2030) ($MN)
• Table 108 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Electronic (2021-2030) ($MN)
• Table 109 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Mechanical (2021-2030) ($MN)
• Table 110 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Component (2021-2030) ($MN)
• Table 111 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Field Initiator (2021-2030) ($MN)
• Table 112 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Logic Solver (2021-2030) ($MN)
• Table 113 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Valves (2021-2030) ($MN)
• Table 114 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Actuators (2021-2030) ($MN)
• Table 115 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Other Components (2021-2030) ($MN)
• Table 116 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Service (2021-2030) ($MN)
• Table 117 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Testing, Inspection and Certification (2021-2030) ($MN)
• Table 118 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Maintenance (2021-2030) ($MN)
• Table 119 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Training & Consultation (2021-2030) ($MN)
• Table 120 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By End User (2021-2030) ($MN)
• Table 121 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Oil & Gas (2021-2030) ($MN)
• Table 122 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Chemicals (2021-2030) ($MN)
• Table 123 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
• Table 124 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Power Generation (2021-2030) ($MN)
• Table 125 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Water & Wastewater (2021-2030) ($MN)
• Table 126 Middle East & Africa High-Integrity Pressure Protection System Market Outlook, By Other End Users (2021-2030) ($MN)

According to Stratistics MRC, the Global High-Integrity Pressure Protection System Market is accounted for $526.1 million in 2023 and is expected to reach $943.3 million by 2030 growing at a CAGR of 8.7% during the forecast period. High-Integrity Pressure Protection System (HIPPS) is a safety instrumented system designed to prevent overpressure in pipelines or process vessels. It consists of sensors, logic solvers, and final elements such as valves. When pressure exceeds safe limits, High-integrity pressure protection system swiftly shuts off flow or reduces it to a safe level, averting potential disasters like explosions or leaks. High-integrity pressure protection system operates autonomously, independent of other control systems, ensuring rapid response and reliability in critical situations. Its design adheres to rigorous safety standards, providing a robust barrier against high-pressure incidents, safeguarding both personnel and assets in industrial environments.

According to IEA, gas demand in the coming five years is set to be driven by Asia Pacific, and it is anticipated to account for almost 60% of the total consumption increase by 2024.

Market Dynamics:

Driver:

Increasing demand for safety and risk management

The growing awareness of safety issues prompts industries beyond traditional sectors like oil and gas to adopt high-integrity pressure protection system. Manufacturers strive to develop systems with enhanced functionalities, reliability, and performance to meet the evolving safety requirements of industries. Industries such as chemicals, pharmaceuticals, and power generation recognize the importance of risk mitigation and incorporate high-integrity pressure protection system into their processes, expanding the market's scope.

Restraint:

Complexity in design and implementation

Designing a high-integrity pressure protection systems system requires highly skilled engineers who understand the intricacies of pressure control, safety protocols, and relevant regulations. This specialized expertise translates to higher engineering costs. This extends the engineering period and delays the installation and operation of the high-integrity pressure protection systems, impacting project budgets and production schedules. Moreover correcting these errors can be expensive and further delay project completion thus hampering the growth of the market.

Opportunity:

Rising urbanization and industrialization in emerging economies

Urbanization and industrialization lead to the development of new infrastructure, including pipelines, refineries, chemical plants, and power generation facilities. As production volumes rise, so does the need for robust safety systems like high-integrity pressure protection system to protect personnel, equipment, and the environment from potential hazards such as overpressure events. Additionally governments and regulatory bodies in emerging economies often mandate the use of advanced safety technologies like high-integrity pressure protection system to minimize the risk of accidents and ensure compliance with safety protocols which propel the markets growth.

Threat:

Limited awareness

Limited awareness may lead industries to underestimate the risks associated with overpressure events and the potential consequences of not having adequate protection measures in place. Industries may miss out on opportunities to enhance safety and mitigate risks by not considering or implementing high-integrity pressure protection system. This fragmentation can confuse customers and hinder standardization efforts, making it more challenging for manufacturers to establish market dominance and scale their operations efficiently.

Covid-19 Impact

The COVID-19 pandemic initially slowed down the High-Integrity Pressure Protection System (HIPPS) market due to project delays, supply chain disruptions, and reduced investments in industrial sectors. However, as industries adapted to new safety protocols and resumed operations, the demand for high-integrity pressure protection system surged, driven by a renewed focus on safety and risk management. Remote monitoring and predictive maintenance solutions gained traction, while industries prioritized investments in critical infrastructure resilience. The pandemic also accelerated digitalization trends, fostering innovation in high-integrity pressure protection system technologies.

The electronic segment is expected to be the largest during the forecast period

The electronic segment is estimated to have a lucrative growth, as electronic systems enable real-time monitoring of pressure levels, valve positions, and other critical parameters in high-integrity pressure protection system. This allows for more precise control over the process, ensuring that pressure is maintained within safe limits and enabling quicker response to abnormal conditions enhancing operational flexibility and efficiency.

The field initiator segment is expected to have the highest CAGR during the forecast period

The field initiator segment is anticipated to witness the highest CAGR growth during the forecast period, Field initiators enable high-integrity pressure protection system to rapidly detect pressure deviations and initiate protective actions closer to the source of the anomaly. This results in quicker response times, reducing the likelihood of equipment damage and mitigating safety risks more effectively. This is particularly important in industries such as oil and gas, petrochemicals, and pharmaceuticals where adherence to safety regulations is paramount.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the growing concern about the environmental impact of gas flaring and venting in the oil & gas industry. High-integrity pressure protection system can help to reduce flaring and venting by safely isolating equipment and releasing pressure in a controlled manner. Key players in this market typically offer a range of high-integrity pressure protection system solutions including valves, sensors, controllers, and software for monitoring and controlling pressure levels. These systems are often integrated into the overall process control and safety systems of industrial facilities to ensure reliable operation and compliance with safety regulations.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, as the region is experiencing rapid industrialization, particularly in sectors like oil & gas, chemicals, and power generation. This growth necessitates the construction of new refineries, chemical plants, and power plants, all of which require high-integrity pressure protection system for safe operation. Further governments in this region are implementing stricter regulations regarding industrial safety. These regulations mandate the use of safety instrumented systems (SIS) like high-integrity pressure protection system in high-pressure applications.

Key players in the market

Some of the key players in the High-Integrity Pressure Protection System Market include ABB Ltd, ATV Hipps, BEL Valves (British Engines Limited), Ceasefire Industries Pvt. Ltd, Electro Detectors Ltd, Emerson Electric Co., HIMA Paul Hildebrandt GmbH, Hochiki Corporation, L&T Valves Limited (Larsen & Toubro Limited), Mogas Industries Inc., Mokveld Valves BV, Napco Security technologies, Inc., PetrolValves SpA, Rockwell Automation, Schlumberger NV, Schneider Electric, SELLA CONTROLS Ltd, Severn Glocon Group , Siemens AG and Yokogawa Electric Corporation

Key Developments:

In March 2024, ABB launches new share buyback program of up to $1 billion. The maximum number of shares that may be repurchased under this new program on any given trading day is 692,486.

In January 2024, ABB to acquire weather routing business to expand marine software portfolio, the transaction is subject to customary closing conditions as well as completion of applicable works councils' consultation procedures. It is expected to close during Q2 2024.

In October 2024, Emerson announced it has closed its acquisition of NI (Nasdaq: NATI), a leading provider of software-connected automated test and measurement systems, at an equity value of $8.2 billion.

Types Covered:

• Electronic
• Mechanical

Components Covered:

• Field Initiator
• Logic Solver
• Valves
• Actuators
• Other Components

Services Covered:

• Virtual Reality (VR)
• Augmented Reality (AR)
• Mixed Reality (MR)

End Users Covered:

• Oil & Gas
• Chemicals
• Pharmaceuticals
• Power Generation
• Water & Wastewater
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global High-Integrity Pressure Protection System Market, By Type

• 5.1 Introduction
• 5.2 Electronic
• 5.3 Mechanical

6 Global High-Integrity Pressure Protection System Market, By Component

• 6.1 Introduction
• 6.2 Field Initiator
• 6.3 Logic Solver
• 6.4 Valves
• 6.5 Actuators
• 6.6 Other Components

7 Global High-Integrity Pressure Protection System Market, By Service

• 7.1 Introduction
• 7.2 Testing, Inspection and Certification
• 7.3 Maintenance
• 7.4 Training & Consultation

8 Global High-Integrity Pressure Protection System Market, By End User

• 8.1 Introduction
• 8.2 Oil & Gas
• 8.3 Chemicals
• 8.4 Pharmaceuticals
• 8.5 Power Generation
• 8.6 Water & Wastewater
• 8.7 Other End Users

9 Global High-Integrity Pressure Protection System Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 ABB Ltd
• 11.2 ATV Hipps
• 11.3 BEL Valves (British Engines Limited)
• 11.4 Ceasefire Industries Pvt. Ltd
• 11.5 Electro Detectors Ltd
• 11.6 Emerson Electric Co.
• 11.7 HIMA Paul Hildebrandt GmbH
• 11.8 Hochiki Corporation
• 11.9 L&T Valves Limited (Larsen & Toubro Limited)
• 11.10 Mogas Industries Inc.
• 11.11 Mokveld Valves BV
• 11.12 Napco Security technologies, Inc.
• 11.13 PetrolValves SpA
• 11.14 Rockwell Automation
• 11.15 Schlumberger NV
• 11.16 Schneider Electric
• 11.17 SELLA CONTROLS Ltd
• 11.18 Severn Glocon Group
• 11.19 Siemens AG
• 11.20 Yokogawa Electric Corporation