Asset Integrity Management Market 2018: Dynamic Development on Current Trends by Dominated Players Aker Solutions, Bureau Veritas, Fluor Corporation, Intertek Group, Applus+, Wood, Siemens, FORCE Technology And Others-Forecast 2025
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Global Asset Integrity Management Market is expected to reach USD 36.9 billion by 2025 from USD 18.8 billion in 2017 and is projected to grow at a CAGR of 11.7 % in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Key Players: Global Asset Integrity Management Market
• Aker Solutions,
• Bureau Veritas SA,
• Fluor Corporation,
• Intertek Group plc,
• SGS SA ,
• Applus Servicios Tecnológicos,
• Det Norske Veritas Group,
• John Wood Group PLC,
• Oceaneering International, Inc.,
• ROSEN Group,
• TechnipFMC plc,
• LifeTech Engineering Ltd.,
• Metegrity Inc.,
• General Electric ,
• Siemens ,
• FORCE Technology
• Tipper Group
• Many more.
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Global Asset Integrity Management Market, By Services (RBI, Ram Study, Corrosion Management, Pipeline Integrity Management, Hazid Study, Structural Integrity Management, NDT), By Industry (Oil and Gas, Power, Mining, Aerospace, Others) , By Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
Competitive Analysis: Global Asset Integrity Management Market
The global asset integrity management market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of asset integrity management market for global, Europe, North America, Asia Pacific and South America.
Market Drivers and Restraints:
• Demand of asset integrity management in new offshore fields in deep waters
• Declining efficiencies of aging assets and the need for operational safety
• Decrease in oil and gas prices
• Increasing the demand for maintaining the asset and plant.
• Stringent government safety regulations and quality control requirements
• Climatic changes affecting the operations of various industries
• High initial cost and complex process of system installation
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Market Segmentation: Global Asset Integrity Management Market
• The market is based on service, industry and geographical segments.
• Based on service, the market is segmented into RBI, ram study, corrosion management, pipeline integrity management, hazid study, structural integrity management, NDT.
• Based on industry, the market is segmented into oil and gas, power, mining, aerospace and others.
• Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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