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Global Asset Integrity Management Market Trends & Forecast to 2026 - Industry Analysis by Geographical Regions, Type and Application

06-26-2019 12:28 AM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Asset Integrity Management Market

Global Asset Integrity Management Market

The global asset integrity management market is expected to reach USD 36.9 billion by 2026 from USD 18.8 billion in 2018 and is projected to grow at a CAGR of 11.7 % in the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Asset integrity management is a standard of operating an asset that targets to health, safety, protect equipment and environment. It operates efficiently and effectively to ensure reliable operation for achieving objectives. It has various benefits which include increasing safety, improving environmental performances, reduced risks and increase reliability. The element used in asset integrity management ensures maintenance (reliability, predictive and preventive strategies), inspection (advanced technologies), risk assessment and risk based inspection (RBI), process safety and mechanical integrity services, operational and process support (critical operating and process windows), IT support/software tools and many more. Asset integrity management provides services which include risk based inspection / assessment (RBI), corrosion management, subsea inspection management and many more. It is mostly used in oil and gas power, mining, aerospace and other industry.

Download Free Sample copy of this Report: https://databridgemarketresearch.com/request-a-sample/?dbmr=global-asset-integrity-management-market

In 2017, Bureau Veritas launched AIM3D, a next generation asset integrity management solution. It is used from the design stage, through construction and throughout the operational lifecycle. It is a solution which combines a digital twin of any marine or offshore assets.It is used in shipping and offshore industries.

In 2015, ABS Group launched a new offshore Asset Integrity Management (AIM) service which focused on efficiency and profitability for asset owners and operators and driving operational reliability. It is designed for customers to assess the true condition of their assets.It is used in oil and gas, power and mining.

Key Players: Global Asset Integrity Management Market
The renowned players in asset integrity management market are
• Aker Solutions,
• Bureau Veritas SA
• Fluor Corporation
• Intertek Group plc
• SGS SA
• Applus Servicios Tecnológicos
• S.L.U.
• Det Norske Veritas Group
• John Wood Group PLC
• Oceaneering International Inc.
• ROSEN Group
• TechnipFMC plc
• LifeTech Engineering Ltd.
• EM&I
• Metegrity Inc.
• General Electric
• ABB
• Siemens
• FORCE Technology
• Tipper Group many more.

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.

Table of Content:

01: Executive Summary
02: Scope of The Report
03: Market Landscape
04: Market Sizing
05: Market Segmentation by Product
06: Five Forces Analysis
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis

Table of Contents Available For this Market Download Free TOC : https://databridgemarketresearch.com/toc/?dbmr=global-asset-integrity-management-market

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

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.

Potential of the report

1. To describe and forecast the Global Asset Integrity Management market, in terms of value, by process, product type, and industry.
2. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
3. The key findings and recommendations highlight crucial progressive industry trends in the Global Asset Integrity Management Market, thereby allowing players to develop effective long term strategies
4. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Global Asset Integrity Management market
5. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
6. Profiles of key players and brands

To Inquire before Buy Complete Report Click Here @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-asset-integrity-management-market

Contact: Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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