High-Integrity Pressure Protection System Market to Record $ 86.60 Mn Incremental Growth during 2021-2025 | Top Vendors Emerson Electric Co., General Electric Co., HIMA GmbH Among Others | Analyzing Growth in Industry Machinery Industry | Technavio

Key Market Dynamics:

• Market Driver
• Market Challenges

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.

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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.
• HIMA GmbH
• 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:

• Executive Summary
• Market Landscape
• Market Sizing
• Five Forces Analysis
• Market Segmentation by End-user
• Customer landscape
• Geographic Landscape
• Vendor Landscape
• Vendor Analysis
• Appendix

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SOURCE Technavio