Middle East And Africa 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 66.93 Million |
Market Size (Forecast Year) |
USD 125.74 Million |
CAGR |
|
Major Markets Players |
中东和非洲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(服务、组件)、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)、最终用户(上游、下游和中游、石油和天然气、化学品)– 行业趋势和预测到 2030 年。
中东和非洲高完整性压力保护系统 (HIPPS) 市场分析和规模
为了避免上游操作期间出现过压,开发了一种安全仪表系统,即高完整性压力保护系统。该系统对于石油和天然气以及电力行业必不可少。它充当工艺厂高压侧和低压侧之间的屏障,并作为源关闭装置,通过将过量压力排出外部来阻止工厂过压。由于这些系统更为复杂,因此需要多个设备有效运行才能使一个压力释放装置达到最佳性能。用户还必须确保系统的安装和设计比传统系统更安全,并产生更好的效果。
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 6693 万美元,到 2030 年将达到 1.2574 亿美元,在 2023 年至 2030 年的预测期内的复合年增长率为 8.2%。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。
中东和非洲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(服务、组件)、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、下游和中游、石油和天然气、化学品) |
覆盖国家 |
沙特阿拉伯、阿联酋、南非、埃及、以色列、中东和非洲 (MEA) 其他地区(作为中东和非洲 (MEA) 的一部分) |
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), Rockwell Automation Inc. (U.S.), Schneider Electric (France), Baker Hughes Company (U.S.) |
Market Opportunities |
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Market Definition
The high-intensity pressure protection system (HIPPS) is a safety instrumented system (SIS). The high-intensity pressure protection system is designed to avert any potentially hazardous situation brought on by increased pressure. As in the strain caused by a pipeline obstruction. HIPPS is merely a functional loop with various components, such as an initiator that detects high pressure. After processing the input from the initiator, the final element receives the output from the logic solver. In the final element, solenoids control the valve.
High-Integrity Pressure Protection System (HIPPS) Market Dynamics
Drivers
- The increasing need to reduce venting and flaring drives the market
Gas flaring occurs at oil and gas production facilities during scheduled maintenance, equipment repairs, or shutdown events. This technology makes the gas collection and processing systems' controlled pressure releases possible. In order to maintain pressures and guarantee secure and effective operations throughout industrial plants. However, gas flaring has recently grown to be a significant issue in businesses that support pressurized systems and ensure secure and effective operations, which helps create a surge in the HIPPS market.
- Accidents at the growing plants cause a market upswing
Mechanical relief devices are frequently needed when connecting new gas production sources to a gas plant facility in order to protect gas production facilities or pipelines. The protection of the pipeline against potential overpressure that could lead to the release of hydrocarbons into the atmosphere or the unintentional burning of these hydrocarbons via a flare system is necessary for new production sources connected to existing pipelines. The market is expanding in anticipation of more government regulations defending the security and safety of industrial facilities as a result of an increase in accidents at those facilities.
Opportunities
- Expansion of petrochemical and refinery facilities generates profitable expansion
Developing and developed nations experience consistent growth in the industrial sector, including the oil, gas, and chemical industries. The petrochemical industry currently meets 12% of the world's feedstock requirements, and it is anticipated that this percentage will rise as demand for fertilizers, plastics, and other goods rises. The demand for high-integrity pressure protection systems will increase due to numerous projects planned for the transportation and production of oil and gas.
- Lower transportation and storage costs create growth
Using a high-integrity pressure protection system lowers the cost of transportation and storage because of the decrease in volume and weight. High-integrity pressure protection systems are becoming more popular because they are also used to prevent overpressure in vessels further down the line as, there is no longer a requirement to install relief devices to prevent atmospheric gas emissions because HIPPS is capable of handling transportation and storage costs.
Restraints/Challenges
- The complicated design of HIPPS has slowed market expansion
When numerous applications are in charge of a system, it can be challenging for system designers to develop safety systems that follow the functional safety requirements. Engineers must create systems that prevent hardware and software failure because recurrent issues like these can hurt the market.
- HIPPS's high price prevents the market from growing
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. The costs of HIPPS components, buildings, maintenance, and repair place a significant financial burden on businesses, which limits market expansion.
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 and adds a number of 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. acquired Watson Valve, a maker of service valves with headquarters in the United States, to provide coating and pressure control-related repairs and services. Every year, Watson Valve installs more than 3,400 valves worldwide in the mining, chemical, and oil and gas industries.
- In 2020, Emerson debuted the ASCO 158 Gas Valve Series and the 159 Motorized Actuator. ASCO developed new valves especially for boiler burner applications. End users and distributors now have access to a new combustion safety shutdown valve option that improves flow and control while boosting safety and dependability.
Middle East and Africa 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
- Services
- 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沙特阿拉伯、阿联酋、南非、埃及、以色列、中东和非洲 (MEA) 其他地区(作为中东和非洲 (MEA) 的一部分)
沙特阿拉伯在市场中占据主导地位,并将在预测期内继续在中东和非洲地区保持主导地位。该地区占据主导地位的主要因素是,由于政府越来越关注减少环境一氧化碳排放,天然气消费量增加。这一因素增加了沙特阿拉伯的生产能力,从而增加了对 HIPPS 系统的需求。
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)
- 罗克韦尔自动化公司(美国)
- 施耐德电气(法国)
- 贝克休斯公司(美国)
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