The Latin America, Middle East and Africa High-Integrity Pressure Protection System (HIPPS) Market would witness market growth of 8.3% CAGR during the forecast period (2021-2027).
The technological complexity involved with the adoption of high-integrity pressure protection systems has also been a key stumbling block to the market's global expansion. The widespread use of high-integrity pressure protection systems in many sectors, combined with changing technology, will present significant growth prospects for the high-integrity pressure protection system market in near future.
The HIPPS is completely self-contained and continually checks safety parameters to protect the process, plant equipment, and the environment. The HIPPS closes safety valves automatically if gas pressure rises too high, bringing the system back to a safe state.
Mechanical relief devices have frequently been necessary when connecting new gas production supplies to a gas plant facility to safeguard gas production facilities or pipeline networks. New production sources linked to existing pipelines necessitate pipeline protection against potential overpressure, which might result in hydrocarbons being released into the atmosphere or unwanted burning via a flare system. The market is expected to develop as regulatory standards to protect industrial plant safety and security rise in response to an increase in plant accidents.
A high integrity pressure protection system is a safety-instrumented system designed to prevent over-pressurization in oil and gas production, refinery, and pipeline systems. HIPPS makes use of oil and Gas Company’s engineering and integration skills. The industry's players are concentrating on producing unique products and solutions, which might help the HIPPS market, grow in the approaching years.
The Brazil market dominated the LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $10.5 million by 2027. The Argentina market is showcasing a CAGR of 9% during (2021 - 2027). Additionally, The UAE market would grow at a a CAGR of 8.1% during (2021 - 2027).
Based on Offering, the market is segmented into Component and Services. Based on Component, the market is segmented into Final Element, Field Initiators, Logic Solver and Others. Based on Final Element Type, the market is segmented into Valves and Actuators. Based on Services, the market is segmented into Maintenance, Training & Consultation, and Testing, Inspection & Certification. Based on Type, the market is segmented into Electronic HIPPS and Mechanical HIPPS. Based on Industry, the market is segmented into Oil & Gas and Chemical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global High-Integrity Pressure Protection System (HIPPS) Market is Predict to reach $636.7 Million by 2027, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HIMA Paul Hildebrandt GmbH, Emerson Electric Co., Siemens AG, Schneider Electric SE, Rockwell Automation, Inc., Schlumberger N.V., Baker Hughes Company, ABB Group, Honeywell International, Inc., and Yokogawa Electric Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Component and
- Final Element
- Field Initiators
- Logic Solver and
- Others
- Services
By Final Element
By Services
- Maintenance
- Training & Consultation, and
- Testing, Inspection & Certification
By Type
- Electronic HIPPS
- Mechanical HIPPS
By Industry
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- HIMA Paul Hildebrandt GmbH
- Emerson Electric Co.
- Siemens AG
- Schneider Electric SE
- Rockwell Automation, Inc.
- Schlumberger N.V.
- Baker Hughes Company
- ABB Group
- Honeywell International, Inc.
- Yokogawa Electric Corporation
TABLE 1 LAMEA High-Integrity Pressure Protection System (HIPPS) Market, 2017 - 2020, USD Thousands
TABLE 2 LAMEA High-Integrity Pressure Protection System (HIPPS) Market, 2021 - 2027, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– High-Integrity Pressure Protection System (HIPPS) Market
TABLE 4 Product Launches And Product Expansions– High-Integrity Pressure Protection System (HIPPS) Market
TABLE 5 Acquisition and Mergers– High-Integrity Pressure Protection System (HIPPS) Market
TABLE 6 LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2017 - 2020, USD Thousands
TABLE 7 LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2021 - 2027, USD Thousands
TABLE 8 LAMEA Component Market by Country, 2017 - 2020, USD Thousands
TABLE 9 LAMEA Component Market by Country, 2021 - 2027, USD Thousands
TABLE 10 LAMEA Component Market by Type, 2017 - 2020, USD Thousands
TABLE 11 LAMEA Component Market by Type, 2021 - 2027, USD Thousands
TABLE 12 LAMEA Final Element Market by Country, 2017 - 2020, USD Thousands
TABLE 13 LAMEA Final Element Market by Country, 2021 - 2027, USD Thousands
TABLE 14 LAMEA Final Element Market by Type, 2017 - 2020, USD Thousands
TABLE 15 LAMEA Final Element Market by Type, 2021 - 2027, USD Thousands
TABLE 16 LAMEA Valves Market by Country, 2017 - 2020, USD Thousands
TABLE 17 LAMEA Valves Market by Country, 2021 - 2027, USD Thousands
TABLE 18 LAMEA Actuators Market by Country, 2017 - 2020, USD Thousands
TABLE 19 LAMEA Actuators Market by Country, 2021 - 2027, USD Thousands
TABLE 20 LAMEA Field Initiators Market by Country, 2017 - 2020, USD Thousands
TABLE 21 LAMEA Field Initiators Market by Country, 2021 - 2027, USD Thousands
TABLE 22 LAMEA Logic Solver Market by Country, 2017 - 2020, USD Thousands
TABLE 23 LAMEA Logic Solver Market by Country, 2021 - 2027, USD Thousands
TABLE 24 LAMEA Other Component Type Market by Country, 2017 - 2020, USD Thousands
TABLE 25 LAMEA Other Component Type Market by Country, 2021 - 2027, USD Thousands
TABLE 26 LAMEA Services Market by Country, 2017 - 2020, USD Thousands
TABLE 27 LAMEA Services Market by Country, 2021 - 2027, USD Thousands
TABLE 28 LAMEA Services Market by Type, 2017 - 2020, USD Thousands
TABLE 29 LAMEA Services Market by Type, 2021 - 2027, USD Thousands
TABLE 30 LAMEA Maintenance Market by Country, 2017 - 2020, USD Thousands
TABLE 31 LAMEA Maintenance Market by Country, 2021 - 2027, USD Thousands
TABLE 32 LAMEA Training & Consultation Market by Country, 2017 - 2020, USD Thousands
TABLE 33 LAMEA Training & Consultation Market by Country, 2021 - 2027, USD Thousands
TABLE 34 LAMEA Testing, Inspection & Certification Market by Country, 2017 - 2020, USD Thousands
TABLE 35 LAMEA Testing, Inspection & Certification Market by Country, 2021 - 2027, USD Thousands
TABLE 36 LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Type, 2017 - 2020, USD Thousands
TABLE 37 LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Type, 2021 - 2027, USD Thousands
TABLE 38 LAMEA Electronic HIPPS Market by Country, 2017 - 2020, USD Thousands
TABLE 39 LAMEA Electronic HIPPS Market by Country, 2021 - 2027, USD Thousands
TABLE 40 LAMEA Mechanical HIPPS Market by Country, 2017 - 2020, USD Thousands
TABLE 41 LAMEA Mechanical HIPPS Market by Country, 2021 - 2027, USD Thousands
TABLE 42 LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2017 - 2020, USD Thousands
TABLE 43 LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2021 - 2027, USD Thousands
TABLE 44 LAMEA Oil & Gas Market by Country, 2017 - 2020, USD Thousands
TABLE 45 LAMEA Oil & Gas Market by Country, 2021 - 2027, USD Thousands
TABLE 46 LAMEA Chemical Market by Country, 2017 - 2020, USD Thousands
TABLE 47 LAMEA Chemical Market by Country, 2021 - 2027, USD Thousands
TABLE 48 LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Country, 2017 - 2020, USD Thousands
TABLE 49 LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Country, 2021 - 2027, USD Thousands
TABLE 50 Brazil High-Integrity Pressure Protection System (HIPPS) Market, 2017 - 2020, USD Thousands
TABLE 51 Brazil High-Integrity Pressure Protection System (HIPPS) Market, 2021 - 2027, USD Thousands
TABLE 52 Brazil High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2017 - 2020, USD Thousands
TABLE 53 Brazil High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2021 - 2027, USD Thousands
TABLE 54 Brazil Component Market by Type, 2017 - 2020, USD Thousands
TABLE 55 Brazil Component Market by Type, 2021 - 2027, USD Thousands
TABLE 56 Brazil Final Element Market by Type, 2017 - 2020, USD Thousands
TABLE 57 Brazil Final Element Market by Type, 2021 - 2027, USD Thousands
TABLE 58 Brazil Services Market by Type, 2017 - 2020, USD Thousands
TABLE 59 Brazil Services Market by Type, 2021 - 2027, USD Thousands
TABLE 60 Brazil High-Integrity Pressure Protection System (HIPPS) Market by Type, 2017 - 2020, USD Thousands
TABLE 61 Brazil High-Integrity Pressure Protection System (HIPPS) Market by Type, 2021 - 2027, USD Thousands
TABLE 62 Brazil High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2017 - 2020, USD Thousands
TABLE 63 Brazil High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2021 - 2027, USD Thousands
TABLE 64 Argentina High-Integrity Pressure Protection System (HIPPS) Market, 2017 - 2020, USD Thousands
TABLE 65 Argentina High-Integrity Pressure Protection System (HIPPS) Market, 2021 - 2027, USD Thousands
TABLE 66 Argentina High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2017 - 2020, USD Thousands
TABLE 67 Argentina High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2021 - 2027, USD Thousands
TABLE 68 Argentina Component Market by Type, 2017 - 2020, USD Thousands
TABLE 69 Argentina Component Market by Type, 2021 - 2027, USD Thousands
TABLE 70 Argentina Final Element Market by Type, 2017 - 2020, USD Thousands
TABLE 71 Argentina Final Element Market by Type, 2021 - 2027, USD Thousands
TABLE 72 Argentina Services Market by Type, 2017 - 2020, USD Thousands
TABLE 73 Argentina Services Market by Type, 2021 - 2027, USD Thousands
TABLE 74 Argentina High-Integrity Pressure Protection System (HIPPS) Market by Type, 2017 - 2020, USD Thousands
TABLE 75 Argentina High-Integrity Pressure Protection System (HIPPS) Market by Type, 2021 - 2027, USD Thousands
TABLE 76 Argentina High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2017 - 2020, USD Thousands
TABLE 77 Argentina High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2021 - 2027, USD Thousands
TABLE 78 UAE High-Integrity Pressure Protection System (HIPPS) Market, 2017 - 2020, USD Thousands
TABLE 79 UAE High-Integrity Pressure Protection System (HIPPS) Market, 2021 - 2027, USD Thousands
TABLE 80 UAE High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2017 - 2020, USD Thousands
TABLE 81 UAE High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2021 - 2027, USD Thousands
TABLE 82 UAE Component Market by Type, 2017 - 2020, USD Thousands
TABLE 83 UAE Component Market by Type, 2021 - 2027, USD Thousands
TABLE 84 UAE Final Element Market by Type, 2017 - 2020, USD Thousands
TABLE 85 UAE Final Element Market by Type, 2021 - 2027, USD Thousands
TABLE 86 UAE Services Market by Type, 2017 - 2020, USD Thousands
TABLE 87 UAE Services Market by Type, 2021 - 2027, USD Thousands
TABLE 88 UAE High-Integrity Pressure Protection System (HIPPS) Market by Type, 2017 - 2020, USD Thousands
TABLE 89 UAE High-Integrity Pressure Protection System (HIPPS) Market by Type, 2021 - 2027, USD Thousands
TABLE 90 UAE High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2017 - 2020, USD Thousands
TABLE 91 UAE High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2021 - 2027, USD Thousands
TABLE 92 Saudi Arabia High-Integrity Pressure Protection System (HIPPS) Market, 2017 - 2020, USD Thousands
TABLE 93 Saudi Arabia High-Integrity Pressure Protection System (HIPPS) Market, 2021 - 2027, USD Thousands
TABLE 94 Saudi Arabia High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2017 - 2020, USD Thousands
TABLE 95 Saudi Arabia High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2021 - 2027, USD Thousands
TABLE 96 Saudi Arabia Component Market by Type, 2017 - 2020, USD Thousands
TABLE 97 Saudi Arabia Component Market by Type, 2021 - 2027, USD Thousands
TABLE 98 Saudi Arabia Final Element Market by Type, 2017 - 2020, USD Thousands
TABLE 99 Saudi Arabia Final Element Market by Type, 2021 - 2027, USD Thousands
TABLE 100 Saudi Arabia Services Market by Type, 2017 - 2020, USD Thousands
TABLE 101 Saudi Arabia Services Market by Type, 2021 - 2027, USD Thousands
TABLE 102 Saudi Arabia High-Integrity Pressure Protection System (HIPPS) Market by Type, 2017 - 2020, USD Thousands
TABLE 103 Saudi Arabia High-Integrity Pressure Protection System (HIPPS) Market by Type, 2021 - 2027, USD Thousands
TABLE 104 Saudi Arabia High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2017 - 2020, USD Thousands
TABLE 105 Saudi Arabia High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2021 - 2027, USD Thousands
TABLE 106 South Africa High-Integrity Pressure Protection System (HIPPS) Market, 2017 - 2020, USD Thousands
TABLE 107 South Africa High-Integrity Pressure Protection System (HIPPS) Market, 2021 - 2027, USD Thousands
TABLE 108 South Africa High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2017 - 2020, USD Thousands
TABLE 109 South Africa High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2021 - 2027, USD Thousands
TABLE 110 South Africa Component Market by Type, 2017 - 2020, USD Thousands
TABLE 111 South Africa Component Market by Type, 2021 - 2027, USD Thousands
TABLE 112 South Africa Final Element Market by Type, 2017 - 2020, USD Thousands
TABLE 113 South Africa Final Element Market by Type, 2021 - 2027, USD Thousands
TABLE 114 South Africa Services Market by Type, 2017 - 2020, USD Thousands
TABLE 115 South Africa Services Market by Type, 2021 - 2027, USD Thousands
TABLE 116 South Africa High-Integrity Pressure Protection System (HIPPS) Market by Type, 2017 - 2020, USD Thousands
TABLE 117 South Africa High-Integrity Pressure Protection System (HIPPS) Market by Type, 2021 - 2027, USD Thousands
TABLE 118 South Africa High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2017 - 2020, USD Thousands
TABLE 119 South Africa High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2021 - 2027, USD Thousands
TABLE 120 Nigeria High-Integrity Pressure Protection System (HIPPS) Market, 2017 - 2020, USD Thousands
TABLE 121 Nigeria High-Integrity Pressure Protection System (HIPPS) Market, 2021 - 2027, USD Thousands
TABLE 122 Nigeria High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2017 - 2020, USD Thousands
TABLE 123 Nigeria High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2021 - 2027, USD Thousands
TABLE 124 Nigeria Component Market by Type, 2017 - 2020, USD Thousands
TABLE 125 Nigeria Component Market by Type, 2021 - 2027, USD Thousands
TABLE 126 Nigeria Final Element Market by Type, 2017 - 2020, USD Thousands
TABLE 127 Nigeria Final Element Market by Type, 2021 - 2027, USD Thousands
TABLE 128 Nigeria Services Market by Type, 2017 - 2020, USD Thousands
TABLE 129 Nigeria Services Market by Type, 2021 - 2027, USD Thousands
TABLE 130 Nigeria High-Integrity Pressure Protection System (HIPPS) Market by Type, 2017 - 2020, USD Thousands
TABLE 131 Nigeria High-Integrity Pressure Protection System (HIPPS) Market by Type, 2021 - 2027, USD Thousands
TABLE 132 Nigeria High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2017 - 2020, USD Thousands
TABLE 133 Nigeria High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2021 - 2027, USD Thousands
TABLE 134 Rest of LAMEA High-Integrity Pressure Protection System (HIPPS) Market, 2017 - 2020, USD Thousands
TABLE 135 Rest of LAMEA High-Integrity Pressure Protection System (HIPPS) Market, 2021 - 2027, USD Thousands
TABLE 136 Rest of LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2017 - 2020, USD Thousands
TABLE 137 Rest of LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Offering, 2021 - 2027, USD Thousands
TABLE 138 Rest of LAMEA Component Market by Type, 2017 - 2020, USD Thousands
TABLE 139 Rest of LAMEA Component Market by Type, 2021 - 2027, USD Thousands
TABLE 140 Rest of LAMEA Final Element Market by Type, 2017 - 2020, USD Thousands
TABLE 141 Rest of LAMEA Final Element Market by Type, 2021 - 2027, USD Thousands
TABLE 142 Rest of LAMEA Services Market by Type, 2017 - 2020, USD Thousands
TABLE 143 Rest of LAMEA Services Market by Type, 2021 - 2027, USD Thousands
TABLE 144 Rest of LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Type, 2017 - 2020, USD Thousands
TABLE 145 Rest of LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Type, 2021 - 2027, USD Thousands
TABLE 146 Rest of LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2017 - 2020, USD Thousands
TABLE 147 Rest of LAMEA High-Integrity Pressure Protection System (HIPPS) Market by Industry, 2021 - 2027, USD Thousands
TABLE 148 Key information – HIMA Paul Hildebrandt GmbH
TABLE 149 Key Information – Emerson Electric Co.
TABLE 150 Key Information – Siemens AG
TABLE 151 Key information – Schneider Electric SE
TABLE 152 Key information – Rockwell Automation, Inc.
TABLE 153 key information – Schlumberger N.V.
TABLE 154 Key Information – Baker Hughes Company
TABLE 155 Key Information – ABB Group
TABLE 156 Key information – Honeywell International, Inc.
TABLE 157 Key Information – Yokogawa Electric Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)