Global Asset Integrity Management Systems (AIMS) Market 2017-2021

  • ID: 4432791
  • Report
  • Region: Global
  • 101 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Applus+
  • EM&I
  • Fluor
  • General Electric
  • Oceaneering International
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Asset Integrity Management Systems

Plant Asset Management system (PAM) and Asset Integrity Management Systems (AIMS) address similar end use functionality in the industrial sectors; with AIMS catering to high-end service scope in capital-intensive industries like oil and gas, power, and heavy engineering equipment plants, there is relatively a major scope of coverage for AIMS in the industrial sector. From a top-down perspective, Technavio has analyzed the global PAM systems market as a related to set the context in which the AIMS market will be analyzed.

The analysts forecast the global asset integrity management systems (AIMS) market to grow at a CAGR of 9.27% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global asset integrity management systems (AIMS) market for 2017-2021. To calculate the market size, the report considers the retail selling price is considered as the average selling price of the product.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Asset Integrity Management Systems (AIMS) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Applus+
  • Bureau Veritas
  • Fluor
  • General Electric
  • Intertek
Other prominent vendors
  • Aker Solutions
  • Asset Integrity Engineering
  • Element Materials Technology
  • EM&I
  • Factory IQ
  • Geanti Marine Limited
  • Oceaneering International
  • Penspen
  • SGS
  • STAT Marine
  • Viper Innovations
Market drivers
  • Rising stringent regulatory norms influencing end-user industries
  • For a full, detailed list, view the full report
Market challenges
  • Low upstream oil and gas investments post oil price slump
  • For a full, detailed list, view the full report
Market trends
  • Emergence of prescriptive analytics in analysis
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ABB
  • Applus+
  • EM&I
  • Fluor
  • General Electric
  • Oceaneering International
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2016
  • Market size and forecast 2016-2021
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY END-USER
  • Segmentation by end-user
  • Comparison by end-user
  • Global AIMS market by oil and gas industry – Market size and forecast 2016-2021
  • Global AIMS market by power industry – Market size and forecast 2016-2021
  • Global AIMS market by marine industry – Market size and forecast 2016-2021
  • Global AIMS market by mining industry – Market size and forecast 2016-2021
  • Market opportunity by end-user
PART 08: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • AIMS market in EMEA – Market size and forecast 2016-2021
  • AIMS market in Americas – Market size and forecast 2016-2021
  • AIMS market in APAC – Market size and forecast 2016-2021
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Emergence of prescriptive analytics in analysis
  • Rising use of digital twin by companies
  • Introduction of maintenance-as-a-service model in industries
PART 12: VENDOR LANDSCAPE
  • Competitive landscape
  • Other prominent vendors
PART 13: KEY VENDOR ANALYSIS
  • Key vendor analysis
  • ABB
  • Applus+
  • Bureau Veritas
  • Fluor
  • General Electric
  • Intertek
PART 14: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Related market
Exhibit 02: Market characteristics
Exhibit 03: Market segments
Exhibit 04: Market definition - Inclusions and exclusions checklist
Exhibit 05: Market size 2016
Exhibit 06: Validation techniques employed for market sizing 2016
Exhibit 07: Global – Market size and forecast 2016-2021 ($ millions)
Exhibit 08: Global – Year-over-year growth 2017-2021 (%)
Exhibit 09: Five forces analysis 2016
Exhibit 10: Bargaining power of buyers
Exhibit 11: Bargaining power of suppliers
Exhibit 12: Threat of new entrants
Exhibit 13: Threat of substitutes
Exhibit 14: Threat of rivalry
Exhibit 15: Market condition - Five forces 2016
Exhibit 16: Global AIMS market by end-user – Market share 2016-2021 (%)
Exhibit 17: Comparison by end-user
Exhibit 18: Global AIMS market by oil and gas industry – Market size and forecast 2016-2021 ($ millions)
Exhibit 19: Global AIMS market by oil and gas industry – Year-over-year growth 2017-2021 (%)
Exhibit 20: Global AIMS market by power industry – Market size and forecast 2016-2021 ($ millions)
Exhibit 21: Global AIMS market by power industry – Year-over-year growth 2017-2021 (%)
Exhibit 22: Global AIMS market by marine industry – Market size and forecast 2016-2021 ($ millions)
Exhibit 23: Global AIMS market by marine industry – Year-over-year growth 2017-2021 (%)
Exhibit 24: Global AIMS market by mining industry – Market size and forecast 2016-2021 ($ millions)
Exhibit 25: Global AIMS market by mining industry – Year-over-year growth 2017-2021 (%)
Exhibit 26: Market opportunity by end-user
Exhibit 27: Global – Market share by geography 2016-2021 (%)
Exhibit 28: Regional comparison
Exhibit 29: AIMS market in EMEA – Market size and forecast 2016-2021 ($ millions)
Exhibit 30: AIMS market in EMEA – Year-over-year growth 2017-2021 (%)
Exhibit 31: AIMS market in Americas – Market size and forecast 2016-2021 ($ millions)
Exhibit 32: AIMS market in Americas – Year-over-year growth 2017-2021 (%)
Exhibit 33: AIMS market in APAC – Market size and forecast 2016-2021 ($ millions)
Exhibit 34: AIMS market in APAC – Year-over-year growth 2017-2021 (%)
Exhibit 35: Key leading countries
Exhibit 36: Other prominent vendors
Exhibit 37: ABB: Business segments
Exhibit 38: ABB: Offerings
Exhibit 39: ABB: Recent developments
Exhibit 40: Applus+: Business segments
Exhibit 41: Applus+: Offerings
Exhibit 42: Applus+: Recent developments
Exhibit 43: Bureau Veritas: Business segments
Exhibit 44: Bureau Veritas: Offerings
Exhibit 45: Bureau Veritas: Recent developments
Exhibit 46: Fluor: Business segments
Exhibit 47: Fluor: Offerings
Exhibit 48: Fluor: Recent developments
Exhibit 49: General Electric: Business segments
Exhibit 50: General Electric: Offerings
Exhibit 51: ABB: Recent developments
Exhibit 52: Intertek: Business segments
Exhibit 53: Intertek: Offerings
Exhibit 54: Intertek: Recent developments
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FEATURED COMPANIES

  • ABB
  • Applus+
  • EM&I
  • Fluor
  • General Electric
  • Oceaneering International
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Asset Integrity Management Systems (AIMS) Market 2017-2021

The author of the report recognizes the following companies as the key players in the global asset integrity management systems (AIMS) market: ABB, Applus+, Bureau Veritas, Fluor, General Electric, and Intertek

Other Prominent Vendors in the market are: Aker Solutions, Asset Integrity Engineering, Element Materials Technology, EM&I, Factory IQ, Geanti Marine Limited, Oceaneering International, Penspen, SGS, STAT Marine, and Viper Innovations.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Emergence of prescriptive analytics in analysis. Prescriptive analytics is the new assessment tool and is gaining traction in industries. While predictive analytics, which provides actionable insights based on data, is being used in industries, prescriptive analytics is one step ahead. Prescriptive analytics uses historical data to predict changes in a system in the future. This is based on its present condition to create a "What-if" scenario, which provides information on impact of each action on the process. It is a useful tool during maintenance, as organizations can schedule their maintenance based on different scenarios created by prescriptive analytics. Therefore, even if the system or process is behind schedule, it could be brought back to its usual state. Artificial Intelligence and Machine Learning have given a big boost to organizations to implement prescriptive analytics into their systems.”

According to the report, one of the major drivers for this market is Rising stringent regulatory norms influencing end-user industries. Regulatory compliances, in the last decade, have increased in many end-user industries. This is owing the rise in industrial accidents and increasing awareness about the environment. The asset-heavy industries such as oil and gas, power, and mining are subject to various governmental and organizational level regulations. Rules and regulations for the exploration activities in the Gulf of Mexico have become stringent after the Deepwater Horizon incident, which resulted in a significant environmental damage in the region.

Further, the report states that one of the major factors hindering the growth of this market is Low upstream oil and gas investments post oil price slump. Oil prices have tumbled down from 2015 to 2017, and are expected to remain in the same price bandwidth during the forecast period. The shale oil revolution has created a supply glut in the market and with Iran ramping up its production after the upliftment of sanction to enter the market, the revamp of oil prices is highly unlikely. Even if done, oil prices are not expected to rise at that of a previous level. The current oil price seems to be normal for companies are they are trying to adapt to it.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • ABB
  • Applus+
  • Bureau Veritas
  • Fluor
  • General Electric
  • Intertek
  • Aker Solutions
  • Asset Integrity Engineering
  • Element Materials Technology
  • EM&I
  • Factory IQ
  • Geanti Marine Limited
  • Oceaneering International
  • Penspen
  • SGS
  • STAT Marine
  • Viper Innovations
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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