High integrity pressure protection system or HIPPS is a safety system designed for preventing over-pressurization of any plant. HIPPS is designed for a better process shutdown and emergency systems.  High integrity pressure protection system prevents a system to stop from exceeding the rated pressure level. The HIPPS shuts down the source of high pressure of the system before the overall design pressure is exceeded. 

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This helps in prevention of loss resulting from rupture of a line or vessel and thus being used across different industry verticals. The global market for high integrity pressure protection system has been segmented on the basis of standards, component, end use industries and geography. The safety integrity level (SIL) and IEC are the various standards based on which the global market for HIPPS has been segmented globally.

The reduction in costs and weight for downstream vessels has been a major driver that is positively impacting the growth of the global HIPPS market. Moreover, the increased capacity supporting the flowline applications has further led to the application of HIPPS in different industries especially the oil & gas sector. 

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Use of HIPPS has also reduced the costs related to transportation and storage as a result of volume and weights reduction that has further enhanced the overall demand for high-integrity pressure protection system globally. Other than this, application of HIPPS also eliminates the necessity for installing relief devices to avoid gas emission in atmosphere as it is covered by HIPPS. All these factors along with the safety security and reliability factor associated with usage of HIPPS for maintaining pressure has resulted in rising application and demand for high-integrity pressure protection system.