Global Asset Integrity Management Market
Report Highlights
Asset Integrity Management Market Size And Forecast:
Asset Integrity Management Market was valued at USD 22.56 billion in 2019 and is projected to reach USD 42.73 billion by 2027, growing at a CAGR of 8.96% from 2020 to 2027.
Asset Integrity Management Market Outlook:
Rising explorations for the oil and gas reserves in the emerging countries, reduction in oil and gas prices, increasing demand for maintaining the asset and plant and strict government safety rules and quality control requirements have been driving the global asset integrity management market. Moreover, the adoption of cloud technology with the asset integrity management services and growing need for asset integrity management in new offshore fields in deep waters have also contributed to the growth of the market. While, high initial cost, complex process of system installation and lack of technical expertise act a potential restraint for the overall market at a global level.
Asset Integrity Management Market Competitive Landscape:
The “Global Asset Integrity Management Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as DNV GL AS, Intertek Group PLC, Fluor Corporation, SGS SA, Oceaneering International Inc., TechnipFMC plc, Bureau Veritas SA, ROSEN Swiss AG and John Wood Group PLC.
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Global Asset Integrity Management Market
By Service Type (Hazard Identification (HAZID) Study, Structural Integrity Management, Nondestructive Testing (NDT), Inspection Risk-Based Inspection (RBI), Reliability, Availability, and Maintainability (RAM) Study, Corrosion Management, Pipeline Integrity Management), Vertical (Mining, Aerospace, Oil and Gas, Power), and Regional Market Size, Status and Forecast to 2025
Market Overview:
The Global Asset Integrity Management Market was valued at USD 17.53 billion in ...