Asset Integrity Management Market Analysis, Trends, Growth, Research And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Asset Integrity Management Global Market Report 2023 identifies growing demand for maintaining the assets
as the major driver for the asset integrity management market's growth in the forecast period. The majority of businesses are introducing asset integrity management (AIM) services because it prevents significant harm to people and the community, and improves business efficiency.

The global asset integrity management market size grew from $25.51 billion in 2022 to $28.59 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The asset integrity management market size is expected to grow to $39.84 billion in 2027 at a CAGR of 8.6%.

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Major competitors in the 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

A key trend in the asset integrity management market includes launch of innovative solutions. Major companies operating in the asset integrity management sector are focused on developing technological solutions for asset integrity management. For instance, in November 2020, OMNI, part of ICR Integrity, a UK-based provider of integrated maintenance, repair, and manufacturing solutions introduced a new digital full lifecycle asset integrity management system built by industry specialists that allow businesses to track, forecast, schedule, and optimize their asset integrity management programs.

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The asset integrity management market is segmented -
• By Service Type: Non-Destructive Testing (NDT), Risk-Based Inspection (RBI), Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management, Other Services Types

• By End Use Industry: Oil And Gas, Power, Mining, Aerospace, Other End Users

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the asset integrity management market.

The Business Research Company's "Global Asset Integrity Management Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Asset Integrity Management Market Include:
1. Executive Summary
2. Asset Integrity Management Market Characteristics
3. Asset Integrity Management Market Trends And Strategies
4. Asset Integrity Management Market - Macro Economic Scenario
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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