The global high-integrity pressure protection systems market size was estimated at USD 456.8 million in 2023 and is projected to reach USD 743.6 million by 2030, growing at a CAGR of 7.3% from 2024 to 2030. Growth in this market is being driven by the increasing emphasis on safety across high-risk industries, as organizations in sectors such as oil and gas, chemicals, and pharmaceuticals are compelled to invest in advanced safety systems due to stringent regulatory frameworks and industry standards.

HIPPS are specifically engineered to prevent overpressure incidents in critical process pipelines and industrial equipment. By doing so, they play a vital role in safeguarding personnel, protecting the environment, and preserving valuable assets from catastrophic failures. Their function as an independent protection layer makes them essential in industries where the stakes of operational safety and environmental compliance are extremely high.

Technological progress in automation and control systems is significantly enhancing both the reliability and functionality of HIPPS. Modern systems are integrated with sophisticated sensors, high-performance actuators, and advanced logic solvers, enabling them to detect pressure deviations with precision and to initiate rapid shutdown procedures when necessary. This high degree of automation reduces reliance on manual intervention, thereby minimizing human error, while also ensuring faster response times to abnormal operating conditions.

Beyond safety, HIPPS are increasingly being recognized for their ability to optimize operational efficiency. By preventing equipment damage and mitigating unplanned shutdowns, these systems help industries maintain continuous production and reduce downtime. As a result, organizations are adopting HIPPS not only as a compliance measure but also as a strategic investment in efficiency, reliability, and long-term operational resilience.

Key Market Trends & Insights:

• In 2023, Asia Pacific emerged as the leading region in the high-integrity pressure protection systems (HIPPS) market, securing a 37.1% revenue share. This dominance is largely attributed to the region’s rapid industrial growth, particularly in the oil & gas, petrochemical, and chemical processing sectors, along with stringent government regulations aimed at enhancing workplace safety and environmental protection. Countries such as China, India, Japan, and South Korea are driving demand due to expanding energy infrastructure and increasing investments in advanced safety technologies.

• By type, the hydraulic/mechanical HIPPS segment held the largest share of 59.8% in 2023. These systems are widely preferred across industries because of their proven reliability, robust design, and ability to perform under extreme conditions. Hydraulic/mechanical HIPPS are particularly suitable for high-pressure applications in oil & gas refineries, pipelines, and chemical plants, where mechanical strength and durability are critical to ensuring operational safety.

• From an end-use perspective, the oil & gas segment accounted for 26.5% of the revenue share in 2023, making it the largest contributor. The oil & gas industry’s high reliance on HIPPS stems from the inherent risks of overpressure incidents in upstream, midstream, and downstream operations. With increasing exploration and production activities, coupled with stricter safety and environmental standards, the adoption of HIPPS in this sector continues to expand.

• By offering, the service segment captured 22.6% of the revenue share in 2023. Services—including installation, maintenance, inspection, and training—are vital for ensuring HIPPS function at peak efficiency and remain compliant with international safety standards. Growing demand for lifecycle management and after-sales support has further boosted the importance of the service segment, as companies prioritize not only product acquisition but also long-term operational reliability.

Order a free sample PDF of the High-Integrity Pressure Protection Systems Market Intelligence Study, published by Grand View Research.

Market Size & Forecast:

• 2023 Market Size: USD 456.8 Million

• 2030 Projected Market Size: USD 743.6 Million

• CAGR (2024-2030): 7.3%

• Asia Pacific: Largest market in 2023

Key Companies & Market Share Insights:

Some of the key players operating in the global high-integrity pressure protection systems (HIPPS) market include SLB, HIMA, and L&T Valves Limited. These companies play a vital role in shaping the competitive landscape through their diverse product portfolios, global presence, and strong focus on innovation and safety.

• SLB is a well-recognized manufacturer and provider of high-integrity pressure protection systems along with a wide range of other industrial solutions, including compressors, pumps, generators, power tools, and assembly systems. The company operates under multiple established brands such as ABAC, AGRE, AIRnet, ALUP, Balma, and American Pneumatic Tools (APT), among others. With a direct presence in over 70 countries and sales extending across more than 180 countries, SLB has built a strong global footprint. This extensive reach allows it to effectively cater to diverse industries, offering high-performance HIPPS that meet international safety standards.

• HIMA is primarily focused on delivering safety-related automation solutions, with a strong emphasis on industries such as process manufacturing and rail transportation. The company has established itself as a global player with a presence in more than 75 countries, providing tailored HIPPS solutions that address the unique safety and operational needs of its customers. By leveraging its expertise in automation, HIMA ensures that its HIPPS offerings are both reliable and flexible, aligning with the specific requirements of critical industries.

• L&T Valves Limited (a subsidiary of Larsen & Toubro Limited) is engaged in delivering comprehensive flow-control solutions across a broad spectrum of industries, including oil & gas, refineries, petrochemicals, power, water, aerospace, defense, and other process-driven sectors. The company has built a reputation for providing customized HIPPS solutions capable of meeting SIL-3 safety integrity levels, ensuring robust over-pressure protection in high-risk environments. Its strong engineering capabilities and domain expertise enable L&T Valves Limited to serve as a trusted partner for industries where safety and reliability are non-negotiable.

Key Players

• SLB.

• HIMA

• Siemens

• IMI

• L&T Valves Limited. (LARSEN & TOUBRO LIMITED)

• Ringo Válvulas (Samson AG group)

• Yokogawa Electric Corporation

• Maverick Valves (MV Nederland BV)

• Ampo

• Emerson Electric Co.

• Rockwell Automation

• Schneider Electric

• ABB

• Baker Hughes Company

• Mokveld Valves B.V.

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

Conclusion:

The HIPPS market is expected to experience solid growth, driven by stricter safety and regulatory requirements across industries like oil & gas, chemicals, and power generation. Technological improvements—such as better sensors, actuators, logic solvers, and automation—are enhancing reliability and response times, making HIPPS more attractive. Additionally, demand is coming not just from safety concerns, but also from companies seeking better operational efficiency and asset protection. Although initial costs and integration hurdles remain challenging, regions with increasing industrial infrastructure and strong regulatory oversight will likely lead adoption.