+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Asset Integrity Management Global Market Report 2021: COVID-19 Growth and Change

  • ID: 5440763
  • Report
  • September 2021
  • Region: Global
  • 175 Pages
  • The Business Research Company

FEATURED COMPANIES

  • ABB
  • Applus+
  • DNV GL
  • General Electric
  • LifeTech Engineering Ltd
  • SGS SA
Asset Integrity Management Global Market Report 2021: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global asset integrity management market.



This report focuses on asset integrity management market which is experiencing strong growth. The report gives a guide to the asset integrity management market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:


Where is the largest and fastest growing market for asset integrity management? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Asset Integrity Management market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider asset integrity management market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The asset integrity management market section of the report gives context. It compares the asset integrity management market with other segments of the asset integrity management market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, asset integrity management indicators comparison.

Scope


Markets Covered:

  • By Service Type: Non-Destructive Testing (NDT); Risk-Based Inspection (RBI); Corrosion Management; Pipeline Integrity Management; Hazard Identification (HAZID) Study; Structural Integrity Management; Others
  • By End Use Industry: Oil and Gas; Power; Mining; Aerospace; Others

Companies Mentioned:


SGS SA; TWI Ltd; EM&I; LifeTech Engineering Ltd; Aker Solutions ASA

Countries:


Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions:


Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series:


Five years historic and ten years forecast.

Data:


Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data segmentations:


country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing:


Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Asset Integrity Management Market

What is the estimated value of the Global Asset Integrity Management Market?

The Global Asset Integrity Management Market was estimated to be valued at $22.4 billion in 2021.

What is the growth rate of the Global Asset Integrity Management Market?

The growth rate of the Global Asset Integrity Management Market is 11.9%, with an estimated value of $35.1 billion by 2025.

What is the forecasted size of the Global Asset Integrity Management Market?

The Global Asset Integrity Management Market is estimated to be worth $35.1 billion by 2025.

Who are the key companies in the Global Asset Integrity Management Market?

Key companies in the Global Asset Integrity Management Market include SGS SA, TWI Ltd, EM&I, LifeTech Engineering Ltd, Aker Solutions ASA, Applus+, DNV GL, John Wood Group PLC and Intertek Group plc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB
  • Applus+
  • DNV GL
  • General Electric
  • LifeTech Engineering Ltd
  • SGS SA
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
5.1. Global Asset Integrity Management Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of the Market
5.1.2. Restraints On the Market
5.2. Global Asset Integrity Management Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of the Market
5.2.2. Restraints On the Market

6. Asset Integrity Management Market Segmentation
6.1. Global Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Non-Destructive Testing (NDT)
  • Risk-Based Inspection (RBI)
  • Corrosion Management
  • Pipeline Integrity Management
  • Hazard Identification (HAZID) Study
  • Structural Integrity Management
  • Others
6.2. Global Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Oil and Gas
  • Power
  • Mining
  • Aerospace
  • Others
7. Asset Integrity Management Market Regional and Country Analysis
7.1. Global Asset Integrity Management Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Asset Integrity Management Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

8. Asia-Pacific Asset Integrity Management Market
8.1. Asia-Pacific Asset Integrity Management Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8.3. Asia-Pacific Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

9. China Asset Integrity Management Market
9.1. China Asset Integrity Management Market Overview
9.2. China Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

10. India Asset Integrity Management Market
10.1. India Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
10.2. India Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

11. Japan Asset Integrity Management Market
11.1. Japan Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. Japan Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

12. Australia Asset Integrity Management Market
12.1. Australia Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.2. Australia Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

13. Indonesia Asset Integrity Management Market
13.1. Indonesia Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13.2. Indonesia Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

14. South Korea Asset Integrity Management Market
14.1. South Korea Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14.2. South Korea Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

15. Western Europe Asset Integrity Management Market
15.1. Western Europe Asset Integrity Management Market Overview
15.2. Western Europe Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15.3. Western Europe Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

16. UK Asset Integrity Management Market
16.1. UK Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16.2. UK Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

17. Germany Asset Integrity Management Market
17.1. Germany Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17.2. Germany Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

18. France Asset Integrity Management Market
18.4. France Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18.5. France Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

19. Eastern Europe Asset Integrity Management Market
19.1. Eastern Europe Asset Integrity Management Market Overview
19.2. Eastern Europe Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19.3. Eastern Europe Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

20. Russia Asset Integrity Management Market
20.1. Russia Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20.2. Russia Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

21. North America Asset Integrity Management Market
21.1. North America Asset Integrity Management Market Overview
21.2. North America Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21.3. North America Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

22. USA Asset Integrity Management Market
22.1. USA Asset Integrity Management Market Overview
22.2. USA Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22.3. USA Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

23. South America Asset Integrity Management Market
23.1. South America Asset Integrity Management Market Overview
23.2. South America Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23.3. South America Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

24. Brazil Asset Integrity Management Market
24.1. Brazil Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24.2. Brazil Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

25. Middle East Asset Integrity Management Market
25.1. Middle East Asset Integrity Management Market Overview
25.2. Middle East Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25.3. Middle East Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

26. Africa Asset Integrity Management Market
26.1. Africa Asset Integrity Management Market Overview
26.2. Africa Asset Integrity Management Market, Segmentation by Service Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26.3. Africa Asset Integrity Management Market, Segmentation by End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

27. Asset Integrity Management Market Competitive Landscape and Company Profiles
27.1. Asset Integrity Management Market Competitive Landscape
27.2. Asset Integrity Management Market Company Profiles
27.2.1. SGS SA
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. TWI Ltd
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. EM&I
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. LifeTech Engineering Ltd
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Aker Solutions ASA
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

28. Key Mergers and Acquisitions in the Asset Integrity Management Market

29. Asset Integrity Management Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB
  • Applus+
  • DNV GL
  • General Electric
  • LifeTech Engineering Ltd
  • SGS SA
Major players 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, 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 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 market is expected to reach $35.07 billion in 2025 at a CAGR of 11.9%.

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 crack degradation.

The main types of services in the asset integrity management market are non-destructive testing (NDT), risk-based inspection (RBI), corrosion management, pipeline integrity management, hazard identification (HAZID), structural integrity management and others. Nondestructive Testing (NDT) is a term that refers to a group of non-invasive inspection techniques that are used to inspect material properties, parts, and whole process units. NDT checks are used in the lifecycle of a plant in the petrochemical industry. Asset integrity management relies heavily on this approach. The asset integrity management market is used in various industries such as oil and gas, power, mining, aerospace and others.

North America was the largest region in the asset integrity management market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The launch of innovative solutions is shaping the asset integrity management market. 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.

In September 2019, MISTRAS Group, a US-based provider of advanced technology-enabled asset security solutions acquired New Century Software for an undisclosed amount. The acquisition will enable deep integration of inline inspection (ILI) big data with real-time risk analytics and business intelligence (BI) to provide unmatched capabilities for supporting pipeline integrity. New Century Software is a US-based provider of pipeline GIS, integrity management, and asset management solution.

The growing demand for maintaining the assets is expected to fuel the growth of the asset integrity management market in the coming years. 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. For example, MISTRAS Group, a US-based provider of advanced technology-enabled asset security solutions, reported revenue of $160.8 million in the fourth quarter of 2020, an increase of 8.7% from the third quarter of 2020. Therefore, the increasing demand for asset integrity management drives the growth of the asset integrity management market.

The countries covered in the asset integrity management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 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
  • MISTRAS Group Inc
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll