Asset Integrity Management Market with COVID-19 impact by Service (NDT, RBI, Corrosion Management, Pipeline Integrity Management, HAZID Study, Structural Integrity Management, RAM Study), Industry and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Asset Integrity Management Market size was valued at USD 24.55 Billion in 2020 and is projected to reach USD 48.70 Billion by 2028, growing at a CAGR of 9.05% from 2021 to 2028.
Asset Integrity Management comprises various processes that are essentially used for the functioning of the systems. It maintains as well as manage corporate assets effectively and make sure they are safe, operationally efficient as well as reliable.
Stringent safety regulations and quality control requirements laid down by governments, and climatic changes affecting the operations of various industries are some of the factors that have supported long-term expansion for Asset Integrity Management Market.
The growing oil & gas industry and the investments made in this industry are driving the asset integrity management services market in APAC. China is the largest market for asset integrity management services in Asia Pacific. The growth of the market is primarily driven by the increasing demand for oil and gas and the rise in merger and acquisition activities, which have increased investments in the regional energy sector.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 9.05% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
Report Segmentation |
Service type, industry and region. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
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 |
Available Customization |
In addition to the market data for Asset Integrity Management Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Asset Integrity Management Market is segmented into service type, industry and region.