Safety valves are automatic pressure relief devices that prevent excessive pressure buildup in systems like reactors, pipelines, and compressors. They open rapidly when pressure exceeds the set point to safely release pressure and reclose once normal pressure is restored. Proper safety valve design and sizing according to codes like API 520 and 526 is critical to ensure the valve can relieve the required flow rate without overpressurizing equipment. Key parameters include pressure conditions, required flow rate, orifice area, and type of valve.