High-Integrity Pressure Protection Systems: Global Market Analysis & Outlook by Component, Service, End-Use Industry and Region (2018-2025) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 5, 2018--The “Global High-Integrity Pressure Protection System Market - by Component, Service, End-Use industry, and Region - Market Size, Demand Forecasts, Industry Trends and Updates (2018-2025)” report has been added to ResearchAndMarkets.com’s offering.
The Global High-Integrity Pressure Protection System market is USD 323.57 Million in 2018 and is estimated to reach USD 527.8 Million by 2025, at a CAGR of 7.24% during the forecast period. The growth of the global pipeline transportation is a main growth driver for this market.
Advances in seaward advances have lessened unit costs and made profound water extends more practical in the worldwide situation. The establishment of seaward pipelines in these tasks will fuel the pipeline business around the world, which will drive the interest for more HIPPS in the oil and gas industry.
Amid 2015, EMEA ruled the market, representing over 40% of the share market. The HIPPS showcase in EMEA is encountering popularity from the Middle East because of its developing oil and gas industry. With 28% offer of the worldwide oil generation, the Middle East has turned into the significant exporter of oil. The utilization of oil in the locale is expanding because of a developing populace and prospering working class.
The need to agree to stringent government and natural directions worldwide is relied upon to additionally help showcase development throughout the following four years. Various nations have forced stringent directions and upheld approaches on oil and gas investigation, including adherence to best manufacturing practices, to guarantee representative security and shield nature.
Companies ProfiledEmerson Electric Honeywell Process Solutions Esoterica Automation BEL Valves Ltd. Siemens AG General Electric Company ABB Ltd. Paladon Systems Ltd. HIMA Paul Hildebrandt GmbH Schlumberger Limited Velan ABV S.P.A. Yokogawa Electric Corporation Mogas Industries, Inc. Schneider Electric SE Rockwell Automation, Inc.
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global High-Integrity Pressure Protection System market Segmentation, Forecasts and Trends - by Component
6. Global High-Integrity Pressure Protection System market Segmentation, Forecasts and Trends - by Service
7. Global High-Integrity Pressure Protection System market Segmentation, Forecasts and Trends - by End-Use industry
8. Global High-Integrity Pressure Protection System market Segmentation, Forecasts and Trends - by Region
9. Vendor Market Share Analysis
10. Company Profiles
11. Industry Structure
12. Global High-Integrity Pressure Protection Market - The Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/dmnlcr/highintegrity?w=4
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Related Topics:Oilfield Equipment and Services,Valves
INDUSTRY KEYWORD: ENERGY OIL/GAS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/05/2018 05:26 AM/DISC: 10/05/2018 05:26 AM