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Asset Integrity Management Global Market by Service Type and & User, Analysis and outlook to 2023

01-16-2018 12:02 PM CET | IT, New Media & Software

Press release from: ReportsWeb

Reportsweb

Reportsweb

According to Publisher, the Global Asset Integrity Management market is expected to grow from $17.86 billion in 2016 to reach $34.94 billion by 2023 with a CAGR of 10.1%. Increasing awareness to mitigate capital expenditure of oil fields, growing pressure from governments to maintain quality & safety control requirements, and raise in exploration of new deep water offshore fields are some of the factors fostering the market growth. Furthermore, rapid growth in power sector and adopting new technologies are some other factors boosting the market growth during the forecast period. On the other hand, shortage of skilled professionals and unfavorable environmental situations are some of the restraints limiting the market growth.

For more information http://www.reportsweb.com/asset-integrity-management-global-market-outlook-2017-2023

Nondestructive Testing (NDT) Inspection is a major service type among the other services. This process is broadly applied in numerous in-service application and manufacturing industries. Oil and gas industry is heavily uses asset integrity managed services to mitigate risk and minimize operating costs. These services are apt for subsea, onshore, and offshore oil fields for maintaining safe and quality requirements.

North America region is holding the largest market revenue over the forecast period. High oil and gas exploration activities in this region impacting the North America market growth. Asia Pacific is projected to witness high growth rate during the forecast period. The growth is attributed to growing power consumption and increasing adoption of asset integrated managed services from emerging economy countries such as India, Japan, and China are driving the Asia Pacific market growth.

Some of the key players in global asset integrity management market include Aker Solutions ASA, Applus+ Servicios Tecnológicos, S.L., Bureau Veritas SA, DNV GL AS, EM&I Ltd, Fluor Corporation, Genesis Oil and Gas Consultants Ltd., Intertek Group PLC, John Wood Group PLC, Lifetech Engineering Ltd., Meridium Inc., Metegrity Inc., Oceaneering International Inc., ROSEN Swiss AG, SGS SA, and TechnipFMC plc.

Service Types Covered:
-Corrosion Management
-Hazard Identification (HAZID) Study
-Reliability, Availability, and Maintainability (RAM) Study
-Pipeline Integrity Management
-Nondestructive Testing (NDT) Inspection
-Risk-Based Inspection (RBI)
-Structural Integrity Management
-Other Service Types

Request Sample Copy http://www.reportsweb.com/inquiry&RW00011117672/sample

End Users Covered:
-Aerospace
-Mining
-Power
-Oil and Gas
-Other End Users

Regions Covered:
-North America
o US
o Canada
o Mexico
-Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
-Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
-South America
o Argentina
o Brazil
o Chile
o Rest of South America
-Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

Make an enquiry: http://www.reportsweb.com/inquiry&RW00011117672/buying

Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Organization: ReportsWeb
Phone: +1-646-491-9876

ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

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