Industrial Safety Market Size was valued at USD 6.39 billion in 2022 and is expected to reach USD 10.73 billion by 2030, and grow at a CAGR of 6.7% over the forecast period 2023-2030.
The High-Integrity Pressure Protection System (HIPPS) market is a critical segment in industrial safety, offering advanced solutions to safeguard against overpressure in high-pressure processes. HIPPS prevent equipment damage, ensuring operational integrity and personnel safety. With rising demand for robust safety measures, the HIPPS market continues to grow, driven by its pivotal role in high-pressure industries.