Asia Pacific High Integrity Pressure Protection System Hipps Market
市场规模(十亿美元)
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 155.67 million |
Market Size (Forecast Year) |
USD 333.70 million |
CAGR |
|
Major Markets Players |
亚太高完整性压力保护系统 (HIPPS) 市场,按类型(电子 HIPPS、液压/机械 HIPPS、其他)、产品(组件、服务)、行业(发电、水和废水、食品和饮料、制药、金属和采矿、纸浆和造纸、其他)、最终用户(上游、中游、下游、石油和天然气、化学品)– 行业趋势和预测到 2030 年。
亚太高完整性压力保护系统 (HIPPS) 市场分析和规模
工业设施事故的增加导致政府颁布了更多法规以确保其安全。高完整性压力保护系统 (HIPPS) 是一种安全仪器,可关闭源头并捕获过压,以减轻危险过程(尤其是在石油和天然气行业)造成的过压。此外,由于运输业的增长、能源需求的增加以及钻井活动的增加,石油和天然气行业在 2021 年占据了 HIPPS 市场的最大份额。
Data Bridge Market Research 分析,高完整性压力保护系统 (HIPPS) 市场在 2022 年的价值为 1.5567 亿美元,到 2030 年将达到 3.337 亿美元,在 2023 年至 2030 年的预测期内的复合年增长率为 10%。除了对市场价值、增长率、细分、地理覆盖范围和主要参与者等市场情景的见解之外,Data Bridge Market Research 策划的市场报告还包括深入的专家分析、按地理位置表示的公司生产和产能、分销商和合作伙伴的网络布局、详细和更新的价格趋势分析以及供应链和需求的缺口分析。
亚太高完整性压力保护系统 (HIPPS) 市场范围和细分
报告指标 |
细节 |
预测期 |
2023 至 2030 年 |
基准年 |
2022 |
历史岁月 |
2021(可定制为 2015 - 2020) |
定量单位 |
收入(百万美元)、销量(单位)、定价(美元) |
涵盖的领域 |
类型(电子 HIPPS、液压/机械 HIPPS、其他)、产品(组件、服务)、行业(发电、水和废水、食品和饮料、制药、金属和采矿、造纸和纸浆、其他)、最终用户(上游、中游、下游、石油和天然气、化学品) |
覆盖国家 |
亚太地区 (APAC) 的中国、日本、印度、韩国、新加坡、马来西亚、澳大利亚、泰国、印度尼西亚、菲律宾、亚太地区 (APAC) 其他地区 |
涵盖的市场参与者 |
Honeywell International, Inc. (U.S.), Siemens AG (Germany), Wagner Group Gmbh (Germany), Hochiki Corporation (Japan), Halma Plc. (U.K.), Apollo Fire Detectors Limited (U.K.), Robert Bosch Gmbh (Germany), EUROFYRE LTD. (U.K.), Detectomat Systems GmbH (Germany), Ceasefire Industries Pvt. Ltd (India), Johnson Controls (Ireland), Napco Security technologies, Inc. (U.S.), Zeta Alarm ltd (U.K.), Libelium Comunicaciones Distribuidas S.L (Spain), Emerson Electric Co. (U.S.), Yokogawa Electric Corporation (Japan), HIMA (Germany), Rockwell Automation (U.S.), Schneider Electric (France), Baker Hughes Company (U.S.) |
Market Opportunities |
|
Market Definition
High-integrity pressure protection systems (HIPPS) are a collection of parts that are specifically designed to isolate the source of dangerously high pressure rather than relieve the excess flow. According to the established ANSI/ISA and IEC standards, HIPPS is a trustworthy, safe, and independent instrumented system engineered with high integrity to either match or surpass the performance of conventional safety valves in terms of safety.
High-Integrity Pressure Protection System (HIPPS) Market Dynamics
Drivers
- Increasing need for reducing flaring and venting to protect the environment
Gas flaring occurs at oil and gas production facilities during scheduled maintenance, equipment repairs, or shutdown times. This technology enables controlled pressure releases in a gas collection and processing systems. In industrial facilities, this is used to maintain pressures and ensure secure and effective operations. However, gas flaring has lately grown to be a significant issue in businesses that support pressurized systems and guarantee safe and efficient operations, which aids in the expansion of the HIPPS market.
- Rising accidents at plants create a market surge
In order to safeguard gas production facilities or pipelines, mechanical relief devices are frequently required when connecting new gas production sources to a gas plant facility. For new production sources connected to existing pipelines, the protection of the pipeline against potential overpressure that could result in the release of hydrocarbons into the atmosphere or the unintentional burning of these hydrocarbons via a flare system is required. The government has passed more regulations to ensure the safety and security of industrial facilities as a result of an increase in accidents at these locations.
Opportunities
- Development of petrochemical and refinery facilities
The industrial sector, including the oil, gas, and chemical industries, consistently grows in developing and developed countries. The petrochemical industry currently provides 12% of the world's feedstock needs, which is anticipated to increase as demand for fertilizers, plastics, and other goods rises. Numerous projects that are slated for the transportation and production of oil and gas will increase the demand for high-integrity pressure protection systems.
- Lower transportation and storage costs lead expansion
Using a high-integrity pressure protection system lowers the cost of transportation and storage due to the decrease in volume and weight. Furthermore, the need for installing relief devices to stop atmospheric gas emissions has been eliminated because of HIPPS's ability to handle transportation and storage costs. Since they avoid overpressure in vessels further down the line, high-integrity pressure protection systems are gaining popularity.
Restraints/Challenges
- The high cost of HIPPS limits the market expansion
HIPPS components, maintenance, installation, and repair are significant financial burdens for businesses. While large corporations can control these costs, small and medium-sized businesses may find it difficult. Logic solvers, field initiators, pressure transmitters, and valves and actuators are the four final elements of the high-integrity pressure protection system (HIPPS), which assembles safety items. Businesses face high costs associated with HIPPS components, construction, maintenance, and repairs, which limits market growth.
- Designing complexities of HIPPS have limited the market expansion
When numerous applications are in charge of a system, it can be challenging for system designers to develop safety systems that follow functional safety requirements. Engineers must create better-performing systems that prevent hardware and software failure because recurring issues like these can hurt the market.
This high-integrity pressure protection system (HIPPS) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the high-integrity pressure protection system (HIPPS) market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
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Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2021, the first complete valve assemblies meeting safety level (SIL) 3 AS PER HE IEC 61508 standard of the international electro technical commission were introduced by Emerson.
- In 2021, A SOLUTION TO IDENTIFY WHETHER ACTUAL OPERTAING PERFORMANCE MEETS SAFETY DESIGN TARGETS, Yokogawa introduced its new Electric Exauquantum safety function monitoring (SFM) SOFTWARE. The updated software complies with IEC 61511 standards. It adds several new features to assist SFM users in identifying potential safety issues, optimizing maintenance tasks, and enhancing overall safety solution design.
- In 2020, MOGAS Industries Inc. purchased Watson Valve, a service valves manufacturer headquartered in the United States, to offer coating and pressure control-related repairs and services. More than 3,400 valves are installed by Watson Valve every year in the mining, chemical, and oil & gas industries worldwide.
- In 2020, ASCO 158 Gas Valve Series and 159 Motorized Actuator were introduced by Emerson. New valves were created by ASCO specifically for burner applications in boilers. A new combustion safety shutdown valve option that enhances flow and control while boosting safety and dependability is now available to end users and distributors.
Asia-Pacific High-Integrity Pressure Protection System (HIPPS) Market Scope
The high-integrity pressure protection system (HIPPS) market is segmented on the basis of type, offerings, industry, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Electronics HIPPS
- Hydraulic/Mechanical HIPPS
- Others
Offerings
- 服务
- 测试、检验和认证
- 维护
- 训练与安慰
- 成分
- 现场启动器
- 逻辑解算器
- 固态
- 其他的
- 最终元素
- 执行器
- 阀门
行业
- 发电
- 水和废水
- 食品和饮料
- 制药
- 金属和采矿
- 纸张和纸浆
- 其他的
最终用户
- 上游
- 下游
- 中游
- 石油和天然气
- 化学品
高完整性压力保护系统 (HIPPS) 市场区域分析/见解
对高完整性压力保护系统 (HIPPS) 市场进行了分析,并按国家、类型、产品、行业和最终用户提供了市场规模洞察和趋势。
高完整性压力保护系统 (HIPPS) 市场报告涵盖的国家包括亚太地区 (APAC) 的中国、日本、印度、韩国、新加坡、马来西亚、澳大利亚、泰国、印度尼西亚、菲律宾、亚太地区 (APAC) 其他地区
中国在亚太地区市场占据主导地位,并将在预测期内继续保持主导地位。该地区占据主导地位的主要因素是政府为减少环境碳排放而制定的严格法规。此外,该地区的制造商非常注重用电子 HIPPS 系统取代传统的 HIPPS 系统。
报告的国家部分还提供了影响单个市场因素和国内市场监管变化,这些因素和变化会影响市场的当前和未来趋势。下游和上游价值链分析、技术趋势和波特五力分析、案例研究等数据点是用于预测单个国家市场情景的一些指标。此外,在提供国家数据的预测分析时,还考虑了全球品牌的存在和可用性以及它们因来自本地和国内品牌的大量或稀缺竞争而面临的挑战、国内关税和贸易路线的影响。
竞争格局和高完整性压力保护系统 (HIPPS) 市场份额分析
高完整性压力保护系统 (HIPPS) 市场竞争格局按竞争对手提供详细信息。详细信息包括公司概况、公司财务状况、产生的收入、市场潜力、研发投资、新市场计划、全球影响力、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上提供的数据点仅与公司对高完整性压力保护系统市场的关注有关。
高完整性压力保护系统 (HIPPS) 市场的一些主要参与者包括:
- 霍尼韦尔国际公司(美国)
- 西门子股份公司(德国)
- 瓦格纳集团有限公司 (德国)
- Hochiki 公司 (日本)
- Halma Plc.(英国)
- Apollo Fire Detectors Limited(英国)
- 罗伯特·博世有限公司 (德国)
- EUROFYRE LTD.(英国)
- Detectomat Systems GmbH(德国)
- Ceasefire Industries Pvt. Ltd (印度)
- 江森自控(爱尔兰)
- Napco Security Technologies, Inc.(美国)
- Zeta Alarm ltd(英国)
- Libelium Comunicaciones Distribuidas SL(西班牙)
- 艾默生电气公司(美国)
- 横河电机株式会社(日本)
- HIMA(德国)
- 罗克韦尔自动化 (美国)
- 施耐德电气(法国)
- 贝克休斯公司(美国)
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研究方法
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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