Global High Integrity Pressure Protection System (HIPPS) Market was valued $xx Mn in 2019 and is expected to reach $xx Mn by 2026, at a CAGR of 7.74% during the forecast period.
Global High Integrity Pressure Protection System (HIPPS) Market Introduction
HIPPS stands for High Integrity Pressure Protection System, and it is a safety device that prevents over-pressurization of any plant. HIPPS is intended to improve process shutdown and emergency response systems. A high-integrity pressure protection system keeps a system from exceeding its rated pressure. Before the overall design pressure is surpassed, the HIPPS shuts down the system's source of high pressure. This aids in the prevention of loss due to a line or vessel rupture, and is consequently employed in a variety of industry verticals.
Global High Integrity Pressure Pro