NEW YORK, Sept. 21, 2021 /PRNewswire/ -- The "High-Integrity Pressure Protection System Market by End-user and Geography - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the high-integrity pressure protection system market between 2021 and 2025 is USD 86.60 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
The rise in midstream infrastructure is one of the key market drivers. However, factors such as capital expenditure cuts by major oil and gas industries will challenge market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Take a look at our FREE Sample Report right now!
The high-integrity pressure protection system market report is segmented by end-user (oil and gas, chemicals and petrochemicals, pharmaceuticals, and others) and geography (Europe, APAC, North America, MEA, and South America). Europe will be the leading region with 34% of the market's growth during the forecast period. Russian Federation and the UK are the key markets for high-integrity pressure protection systems in Europe.
View our sample report for accurate prediction of the contribution of all the segments, and regional opportunities in store.
Companies Mentioned with their Offerings
ABB Ltd. - The company offers HIPPS for applications such as emergency shutdown, relay interlock replacement, and Remote Terminal Units.
Emerson Electric Co. - The company offers HIPPS solution for sensing elements, logic solver, and final control elements.
General Electric Co.
Johnson Controls International Plc
To gain access about more vendor profiles with their key offerings available with Technavio, Click Here
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Key Topics Covered:
Five Forces Analysis
Market Segmentation by End-user
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