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Asset Integrity Management Services Market to 2027 - Detailed Report With Growth Opportunity by Major Players - Aker Solutions, Bureau Veritas SA, Cybernetix SA, DNV GL AS, Flour Corporation, Intertek Group, John Wood Group Plc

03-27-2019 06:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Asset Integrity Management Services Market

Asset Integrity Management Services Market

Asset Integrity Management Services Market accounted to US$ 17.95 Bn in 2018 and is expected to grow at a CAGR of 8.9% during the forecast period 2019 - 2027, to account to US$ 37.92 Bn by 2027.

The Asset Integrity Management Services Market is heavily concentrated in nature with considerable number of players, having a high level of dominance over the overall revenue share. Most of the companies operating in the asset integrity management services market are present globally and have wide distribution and sales network through partnerships.

Asset Integrity Management Services Market leaders are involved in extensive research for the development of new services with advanced technology. For instance, in 2018 Aker Solutions collaborated with Siemens to strengthen digital offerings in engineering. The collaboration is aimed to build the software applications that would drive the efficiency of entire plant lifecycle. Subsequently, introduction of such advanced innovation are expected to provide this market with lucrative growth opportunities.

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The List of Companies

Aker Solutions
Bureau Veritas SA
Cybernetix SA
DNV GL AS
Flour Corporation
Intertek Group Plc.
John Wood Group Plc.
Oceaneering International
Rosen Group
SGS AS

Many well-known as well as small local companies are present in the asset integrity management services market to provide diversified product to its customers. The larger firms are adopting the strategy of partnership, contractual alliances for the deployment of new technological solutions to enhance its product portfolio and expand its footprint in different geographies. Few on the important market initiative from the industry are mentioned below:

Strategic Insights

Market Initiative was observed as the most adopted strategy in global asset integrity management services industry. Few of the recent partnership, contractual alliances for the deployment of new technological solutions are listed below:

2018: Aker Solutions collaborated with Siemens to Strengthen Digital offerings in engineering. The collaboration is aimed to build the software applications that would drive the efficiency of entire plant lifecycle.

2018: Bureau Veritas announced a strategic partnership with Avitas Systems. This partnership is expected to advance the independent inspection services by integrating Avitas Systems cloud-based platform, combining automated data collection and artificial intelligence techniques to improve the asset based risk management.

2018: John Wood Group announced its partnership with ENPPI in Egypt for continuing its talent and experience for providing the finest independent technical solution mainly for oil and gas projects and enable as well as facilitate subsea technology for training and transfer through projects and training courses.

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Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global asset integrity management market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global asset integrity management services market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

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