Asset Integrity Management Services Market Growth, Size And Emerging Trends In The Industry | Bureau Veritas SA,Cybernetix SA,DNV GL AS,Flour Corporation,Intertek Group Plc

The major influential factor for the asset integrity management service market to upsurge in the current market scenario and over the next couple of years are rising demand for operational safety of aging assets in risk-based industries and stringent rules and regulations imposed upon various industries related to environmental sustainability.

However, the cost involved in non-value added maintenance and improper operation is a key deterrent to the asset integrity management service market growth. Nevertheless, the asset integrity management service market is poised to witness upswing in the coming years, owing to the constantly rising number of oil & gas companies across the globe is anticipated to stimulate the demand for various types of asset integrity management services, which is expected to create significant revenue generation stream in asset integrity management services market in the coming years.

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Key Players:
2. Bureau Veritas SA
3. Cybernetix SA
4. DNV GL AS
5. Flour Corporation
6. Intertek Group Plc.
7. John Wood Group Plc.
8. Oceaneering International, Inc.
9. Rosen Group
10. SGS AS

The global asset integrity management service market accounted for US$ 17.95 Bn in 2018 and is expected to grow at a CAGR of 8.9% over the forecast period 2019-2027, to account for US$ 37.92 Bn in 2027.

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Asset integrity management services market is anticipated to witness a high growth during the coming years. This is attributed to various factors including an increase in the need for operational safety of aging assets in risk-based industries and strict government safety regulations. Furthermore, the surge in the size of the oil & gas industry with an increase in demand for oil & gas is expected to provide substantial growth opportunity to the market players in near future.

Table of Contents:

1 Executive Summary
2 Preface
3 Asset Integrity Management Services Market Overview
4 Market Trend Analysis
5 Global Asset Integrity Management Services Market Segmentation
6 Market Effect Factors Analysis
7 Market Competition by Manufacturers
8 Key Developments
9 Company Profiling

Sameer Joshi
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This release was published on openPR.