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Category: Business and Industry
Date Submitted: 03/09/2016 03:56 AM
RnRMarketResearch.com adds Global High-Integrity Pressure Protection System Market 2016-2020 a new research reports in its store. The analysts forecast global HIPPS market to grow at a CAGR of 7.68% during the period 2016-2020.
HIPPS are a series of components, specifically engineered to isolate the source of hazardous high pressure instead of relieving excess flow in case of an over-pressure event. These are independent and reliable safety systems designed with high integrity as per ANSI/ISA and IEC standards to equal or exceed the safety performance of conventional safety valves.
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The report covers the present scenario and the growth prospects of the global HIPPS market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of HIPPS that include installation and integration.
The market is divided into the following segments based on end-user: Oil and gas, Chemical and petrochemical, Pharmaceutical, Pharmaceutical
The market is divided into the following segments based on geography: Americas, APAC, EMEA
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The report, Global High-Integrity Pressure Protection System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Key vendors – ABB, Rockwell Automation, Schneider Electric, Yokogawa Electric
Other prominent vendors - Emerson Process Management, Esoterica Automation, General Electric, HIMA Paul Hildebrandt, Honeywell International, Johnson Controls, Mokveld, Norgren, OMRON, RTP, Siemens, Tyco International
Market driver - Need to comply with stringent government...