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The future of the asset integrity management market looks promising with opportunities in the oil & gas, power, mining, and aerospace industries. The global asset integrity management market is expected to grow with a CAGR of 4% to 6% from 2021 to 2026. The major drivers for this market are stringent government safety and quality control regulations, declining efficiency of aging assets, and increasing need for operational safety.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of asset integrity management market report download the report brochure.
The study includes trends and forecasts for the global asset integrity management market by service type, end use industry, and region as follows:
By Service Type [$M shipment analysis for 2015 – 2026]:
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Non-Destructive Testing (NDT)
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Risk-Based Inspection (RBI)
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Corrosion Management
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Pipeline Integrity Management
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Hazard Identification (HAZID) Study
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Structural Integrity Management
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Reliability, Availability, And Maintainability (RAM) study
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Others
By End Use Industry [$M shipment analysis for 2015 – 2026]:
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Oil & gas
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Power
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Mining
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Aerospace
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Others
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
Non-destructive testing will remain the largest service type segment over the forecast period due to high demand in end use industries for reliability, safety, and cost efficiency.
North America will remain the largest region during the forecast period due to large scale presence of exploration plants and heavy & complex equipment uses.
Some of the asset integrity management companies profiled in this report include SGS, Fluor, Intertek, DNV GL, Bureau Veritas, John Wood Group, ROSEN Swiss, Aker Solutions ASA, Oceaneering International and TechnipFMC.
Features of Asset Integrity Management Market
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Market Size Estimates: Asset integrity management market size estimation in terms of value ($M)
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: Market size by service type and end use industry
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Regional Analysis: Asset integrity management market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different end use industries, service type, and regions for asset integrity management market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the asset integrity management market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising potential, high-growth opportunities for the global asset integrity management market by service type (non-destructive testing (NDT),risk-based inspection (RBI), corrosion management, pipeline integrity management, hazard identification (HAZID) study, structural integrity management, reliability, availability, & maintainability (RAM) study and others), end use industry (oil & gas, power, mining, aerospace, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the asset integrity management market?
Q.5 What are the business risks and threats to the asset integrity management market?
Q.6 What are the emerging trends in the asset integrity management market and the reasons behind them?
Q.7 What are some changing demands of customers in the asset integrity management market?
Q.8 What are the new developments in the asset integrity management market? Which companies are leading these developments?
Q.9 Who are the major players in the asset integrity management market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the asset integrity management market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the asset integrity management market? |