High-integrity pressure protection system

The Vistria Group Promotes Key Partners and Announces Team Addition as Firm Continues Strong Momentum

Retrieved on: 
Tuesday, September 14, 2021

CHICAGO, Sept. 14, 2021 /PRNewswire/ -- The Vistria Group, a purpose driven investment firm, today announced the promotion and addition of key team members.

Key Points: 
  • CHICAGO, Sept. 14, 2021 /PRNewswire/ -- The Vistria Group, a purpose driven investment firm, today announced the promotion and addition of key team members.
  • Kip Kirkpatrick, Co-CEO and Senior Partner at The Vistria Group, added: "Jon has been a key contributor and leader on our growing healthcare team including the recent successful recapitalization of CareMetx.
  • We are excited to announce these advancements as we continue to build The Vistria Group."
  • The Vistria Group is a Chicago-based next generation private investment firm that operates at the intersection of purpose and profit.

Generational Capital Markets Advises Mettler Fertilizer in its sale to an Industry Acquirer

Retrieved on: 
Wednesday, August 25, 2021

Generational Capital Markets , Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Mettler Fertilizer, Inc. to an industry buyer.

Key Points: 
  • Generational Capital Markets , Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Mettler Fertilizer, Inc. to an industry buyer.
  • Founded in 1969 and located in Menno, South Dakota, Mettler Fertilizer (Mettler) provides its local growers and farmers with high quality fertilizer, seed, equipment, technology, and custom application services that improve agricultural productivity for greater returns.
  • Generational Capital Markets Senior Managing Director of Mergers & Acquisitions, Phil Pizzurro , with the support of Vice President Mergers & Acquisitions, Andre Farahmandi , successfully closed the deal.
  • Generational Capital wholly owns Generational Capital Markets, Inc ., Member FINRA/SIPC.

Global Machine Safety Market (2020 to 2025) - Growing Acceptance of Workplace Safety Standards in Emerging Economies Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 12, 2021

IEC 61508 and IEC 61511 are performance-based standards that promote the concept of the machine safety life cycle.

Key Points: 
  • IEC 61508 and IEC 61511 are performance-based standards that promote the concept of the machine safety life cycle.
  • The major factors driving the machine safety market growth are stringent safety regulations, high demand for safety systems in the oil & gas industry, and the rising need for reliable safety systems for personnel and asset protection.
  • Programmable safety systems or safety PLCs are considered as the backbone of machine safety systems.
  • Lack of Awareness Regarding Importance of Machine Safety, Coupled with Complexities of Machine Safety Systems

High Integrity Pressure Protection System (HIPPS) Market - Global Growth, Trends, Forecasts to 2025 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 30, 2020

The "High Integrity Pressure Protection System (HIPPS) Market - Growth, Trends, Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "High Integrity Pressure Protection System (HIPPS) Market - Growth, Trends, Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • Oil and gas are one of the significant target segments for the high integrity pressure protection system (HIPPS) market.
  • A high integrity pressure protection system is a safety instrumented system designed to protect oil and gas production, refining, and pipeline systems against over-pressurization.
  • The high integrity pressure protection system (HIPPS) market is moderately competitive and consists of a significant number of global and regional players.

Global $7.7 Billion Industrial Safety Market to 2025

Retrieved on: 
Friday, September 18, 2020

DUBLIN, Sept. 18, 2020 /PRNewswire/ -- The "Industrial Safety Market with COVID-19 Impact by Component (Presence Sensing Sensors, Safety Switches, Programmable Safety Systems, Emergency Stop Devices), System (ESD, HIPPS, TMC, BMS, and F&GM), Industry, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 18, 2020 /PRNewswire/ -- The "Industrial Safety Market with COVID-19 Impact by Component (Presence Sensing Sensors, Safety Switches, Programmable Safety Systems, Emergency Stop Devices), System (ESD, HIPPS, TMC, BMS, and F&GM), Industry, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The industrial safety market was valued at USD 5.8 billion in 2019 and is projected to reach USD 7.7 billion by 2025; it is expected to grow at a CAGR of 6.7% from 2020 to 2025.
  • Increasing emphasis on ensuring workplace safety in oil & gas, power generation, food & beverages, automotive, and chemical industries is expected to increase the demand for industrial safety systems.
  • Currently, the industrial safety market for fire & gas monitoring systems is expected to grow at the highest CAGR during the forecasted period.

Industrial Safety Market with COVID-19 Impact Analysis - Global Forecast to 2025 - ResearchAndMarkets.com

Retrieved on: 
Friday, September 11, 2020

IEC 61508 and IEC 61511 are performance-based standards that promote the concept of the industrial safety life cycle.

Key Points: 
  • IEC 61508 and IEC 61511 are performance-based standards that promote the concept of the industrial safety life cycle.
  • The widespread adoption of these standards, coupled with increased awareness about the need for industrial safety management and competency at both individual and organizational levels, has seen a step-change in the direction to undertake specified industrial safety activities.
  • Currently, the industrial safety market for fire & gas monitoring systems is expected to grow at the highest CAGR during the forecasted period.
  • Due to the outbreak of COVID-19, various companies in APAC to witness a decline in demand for industrial safety.

Analysis on Impact of COVID-19- Global High-Integrity Pressure Protection System (HIPPS) Market 2020-2024 | Evolving Opportunities with ABB Ltd. and Emerson Electric Co. | Technavio

Retrieved on: 
Monday, September 7, 2020

The global high-integrity pressure protection system (HIPPS) market size is expected to grow by USD 56.53 million as per Technavio.

Key Points: 
  • The global high-integrity pressure protection system (HIPPS) market size is expected to grow by USD 56.53 million as per Technavio.
  • However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 4%.
  • In addition, the introduction of safety PLC is anticipated to boost the growth of the High-Integrity Pressure Protection System (HIPPS) Market.
  • Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

Functional Safety Market Worth $7.1 Billion by 2024 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, November 29, 2019

CHICAGO, Nov. 29, 2019 /PRNewswire/ -- According to the market research report "Functional Safety Market by Offering (Component (Safety Sensor, Programmable Safety System, Final Control Element), Services), System (ESD, TMC, F&G, HIPPS, BMS), Industry (Oil & Gas, Chemicals, Power Generation), and Region - Global Forecast to 2024", published byMarketsandMarkets, the Functional Safety Marketwas worth USD 4.6 billion in 2019 and is projected to reach USD 7.1 billion by 2024, at a CAGR of 8.8%.

Key Points: 
  • CHICAGO, Nov. 29, 2019 /PRNewswire/ -- According to the market research report "Functional Safety Market by Offering (Component (Safety Sensor, Programmable Safety System, Final Control Element), Services), System (ESD, TMC, F&G, HIPPS, BMS), Industry (Oil & Gas, Chemicals, Power Generation), and Region - Global Forecast to 2024", published byMarketsandMarkets, the Functional Safety Marketwas worth USD 4.6 billion in 2019 and is projected to reach USD 7.1 billion by 2024, at a CAGR of 8.8%.
  • Further, safety sensor is leading functional safety market as they perform important functions such as continuous process sensing and finding inconsistencies within processes.
  • Europe presents a substantial market for functional safety systems as functional safety standards are strictly followed within the European Economic Area (comprises all European Union countries).
  • The region's stringent regulatory standards and safety directives are driving the growth of the functional safety market in Europe.

Functional Safety Market Worth $7.1 Billion by 2024 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, November 29, 2019

CHICAGO, Nov. 29, 2019 /PRNewswire/ -- According to the market research report "Functional Safety Market by Offering (Component (Safety Sensor, Programmable Safety System, Final Control Element), Services), System (ESD, TMC, F&G, HIPPS, BMS), Industry (Oil & Gas, Chemicals, Power Generation), and Region - Global Forecast to 2024", published byMarketsandMarkets, the Functional Safety Marketwas worth USD 4.6 billion in 2019 and is projected to reach USD 7.1 billion by 2024, at a CAGR of 8.8%.

Key Points: 
  • CHICAGO, Nov. 29, 2019 /PRNewswire/ -- According to the market research report "Functional Safety Market by Offering (Component (Safety Sensor, Programmable Safety System, Final Control Element), Services), System (ESD, TMC, F&G, HIPPS, BMS), Industry (Oil & Gas, Chemicals, Power Generation), and Region - Global Forecast to 2024", published byMarketsandMarkets, the Functional Safety Marketwas worth USD 4.6 billion in 2019 and is projected to reach USD 7.1 billion by 2024, at a CAGR of 8.8%.
  • Further, safety sensor is leading functional safety market as they perform important functions such as continuous process sensing and finding inconsistencies within processes.
  • Europe presents a substantial market for functional safety systems as functional safety standards are strictly followed within the European Economic Area (comprises all European Union countries).
  • The region's stringent regulatory standards and safety directives are driving the growth of the functional safety market in Europe.

High-Integrity Pressure Protection System Market, 2024 by Component (Field Initiator, Logic Solver, Valve, Actuator), Service (Maintenance, Testing, Inspection, & Certification, Training & Consulting)

Retrieved on: 
Monday, October 21, 2019

The high-integrity pressure protection system (HIPPS) market size is estimated to grow from USD 486 million in 2019 to USD 724 million by 2024, at a CAGR of 8.3%.

Key Points: 
  • The high-integrity pressure protection system (HIPPS) market size is estimated to grow from USD 486 million in 2019 to USD 724 million by 2024, at a CAGR of 8.3%.
  • Lack of awareness and high installation cost of high-integrity pressure protection system are the key restraining factors for the HIPPS industry growth.
  • Demand for services is likely to grow at a higher CAGR in the HIPPS market owing to the increasing adoption of these systems in greenfield projects.
  • The growing demand for petrochemicals in countries such as China and India are augmenting the production of oil, gas, and chemicals.