Harrisburg, NC -- (SBWIRE) -- 02/25/2019 -- Global Asset Integrity Management Market: The global asset integrity management market is foreseen to gain growth due to the decline in oil and gas prices raising the demand for the maintenance of company plants and assets across various industries. New offshore fields requiring asset integrity management in deep waters could also be a major factor augmenting market growth. Nondestructive testing (NDT) inspection is expected to be a significant type of service garnering a massive share in the coming years. It has been considered to be one of the most vital techniques of quantifying and identifying subsurface and surface defects. Over the last decades, NDT has evolved substantially and benefited a number of industries on the part of the inspection and testing of several devices.
The Global Asset Integrity Management market is expected to grow from $17.86 billion in 2016 to reach $34.94 billion by 2023 with a CAGR of 10.1%.
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Top Leading Companies are: DNV GL AS,Intertek Group PLC,Fluor Corporation,SGS SA,Oceaneering International Inc.,TechnipFMC plc,Bureau Veritas SA,ROSEN Swiss AG,John Wood Group PLC
The burgeoning size of the oil and gas industry is prognosticated to augur well for the global asset integrity management market. Asset integrity management services could be highly used to keep track of maintenance protocols and ease up inspection processes in the industry. The need for asset integrity management could increase in the near future due to the rising awareness about mitigating capital outlay in oil fields. The rise of the aerospace industry could also prove to be crucial for the growth of the market as overhaul, repair, and maintenance providers continue to increase in regions such as Asia Pacific that carry a growing inclination toward air travel.
Contents of the 15 Chapters for This Asset Integrity Management Market Study:-
Chapter 1, to describe Asset Integrity Management Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Asset Integrity Management , with sales, revenue, and price of Asset Integrity Management , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Asset Integrity Management, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Asset Integrity Management market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Asset Integrity Management sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Asset Integrity Management Market, by Type:
Hazard Identification (HAZID) Study
Structural Integrity Management
Nondestructive Testing (NDT)
Inspection Risk-Based Inspection (RBI)
Reliability, Availability, and Maintainability (RAM) Stud
Pipeline Integrity Management
Asset Integrity Management Market, by Vertical:
Oil and Gas
Asset integrity management services and solutions provide asset holders increased uptime, maintained operational efficiency and reduced OPEX. The asset integrity management emphasizes on 3 major areas of integrity such as mechanical, control, and structural system integrity. Many organizations are using continuously application of assets and its ageing is demanding for strict monitoring, management and control of these assets and thereby boosting growth of the market for asset integrity management services and solutions.
Geographically, in terms of market share, the North America is anticipated to remain at forefront in the market and is majorly driven by leading operating development plants and refineries in the United States. Growth of the market in North America region is due to the focus of the government on maintenance of integrity of assets certifying safety and environmental preservation. During the forecast period, the Asia Pacific region is anticipated to expand at high growth rate, owing to significant growth of oil & gas as well as manufacturing industries.
The report is the collection of qualitative and quantitative assessment as well as first-hand information by industry analysts and inputs provided by industry experts as well as the participants in the industry across the globe.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Asset Integrity Management Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Asset Integrity Management Market Carrier and assist manufacturers and investment organization to better grasp the development course of Asset Integrity Management Market.
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Important attributes of the report:
The 360-degree Asset Integrity Management overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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