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Asset Integrity Management Market Size With Covid-19 Impact Analysis, Growth Opportunities And Trends Forecast To 2030
The Business Research Company offers "Asset Integrity Management Global Market Report 2021 - By Service Type (Non-Destructive Testing (NDT), Risk-Based Inspection (RBI), Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management), By End Use Industry (Oil And Gas, Power, Mining, Aerospace), COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The asset integrity management market report describes and explains the global asset integrity management market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The asset integrity management market consists of sales of asset integrity management services by entities (organizations, sole traders, and partnerships) which ensures that a facility's assets are designed, fabricated, procured, installed, and maintained appropriately for their intended application throughout the operation's life. Asset integrity management (AIM) is a method that enables the asset's ability and potential to be effectively managed to mitigate and eliminate corrosion and fatigue degradation.
The global asset integrity management market is expected to grow from $20.40 billion in 2020 to $22.36 billion in 2021 at a compound annual growth rate (CAGR) of 9.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The asset integrity management market is expected to reach $35.07 billion in 2025 at a CAGR of 11.9%.
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Some of the major players of asset integrity management market are SGS SA, TWI Ltd, EM&I, LifeTech Engineering Ltd, Aker Solutions ASA, Applus+, DNV GL, John Wood Group PLC, Oceaneering International Inc, Intertek Group plc, Metegrity Inc., FORCE Technology Norway AS, Bureau Veritas SA, TechnipFMC plc, Fluor Corporation, Dacon Inspection Technologies, General Electric, ABB, Siemens, TÜV SÜD, ABS Group, Velosi Asset Integrity Ltd, Axess Group, Element Materials Technology, and MISTRAS Group Inc.
The countries covered in the asset integrity management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the asset integrity management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The global asset integrity management market is segmented –
1) By Service Type: Non-Destructive Testing (NDT), Risk-Based Inspection (RBI), Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management, Others
2) By End Use Industry: Oil And Gas, Power, Mining, Aerospace, Others
Read More On The Global Asset Integrity Management Market Report:
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Few Points From Table Of Content
1. Executive Summary
2. Asset Integrity Management Market Characteristics
3. Asset Integrity Management Market Trends And Strategies
4. Impact Of COVID-19 On Asset Integrity Management
5. Asset Integrity Management Market Size And Growth
....
26. Africa Asset Integrity Management Market
27. Asset Integrity Management Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Asset Integrity Management Market
29. Asset Integrity Management Market Future Outlook and Potential Analysis
30. Appendix
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