Asset Integrity Management Market Report: Trends, Forecast and Competitive Analysis to 2030

Asset Integrity Management Market Report: Trends, Forecast and Competitive Analysis to 2030

Asset Integrity Management Trends and Forecast

The future of the global asset integrity management market looks promising with opportunities in the oil & gas, power, mining, and aerospace markets. The global asset integrity management market is expected to reach an estimated $24.6 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are rising adoption of cloud-based solutions, growing demand for this service in new offshore areas, and escalating integration of advanced inspection technologies among industries.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Asset Integrity Management by Segment

The study includes a forecast for the global asset integrity management by service type, end use, and region.

Asset Integrity Management Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:

• Non-Destructive Testing (NDT)
• Risk-Based Inspection (RBI)
• Corrosion Management
• Pipeline Integrity Management
• Hazard Identification (HAZID) Study

Asset Integrity Management Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Oil & Gas
• Power
• Mining
• Aerospace
• Others

Asset Integrity Management Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Asset Integrity Management Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies asset integrity management companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the asset integrity management companies profiled in this report include-

• SGS
• Bureau Veritas
• Intertek
• TechnipFMC
• Aker Solutions
• Rosen Swiss
• LifeTech
• EM&I
• Metegrity
• TWI

Asset Integrity Management Market Insights

Lucintel forecasts that corrosion management is expected to witness the highest growth over the forecast period.

Within this market, power is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Asset Integrity Management Market

Market Size Estimates: Asset integrity management market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Asset integrity management market size by service type, end use, and region in terms of value ($B).

Regional Analysis: Asset integrity management market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different service types, end uses, and regions for the asset integrity management market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the asset integrity management market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the asset integrity management market size?

Answer: The global asset integrity management market is expected to reach an estimated $24.6 billion by 2030.

Q2. What is the growth forecast for asset integrity management market?

Answer: The global asset integrity management market is expected to grow with a CAGR of 4.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the asset integrity management market?

Answer: The major drivers for this market are rising adoption of cloud-based solutions, growing demand for this service in new offshore areas, and escalating integration of advanced inspection technologies among industries.

Q4. What are the major segments for asset integrity management market?

Answer: The future of the asset integrity management market looks promising with opportunities in the oil & gas, power, mining, and aerospace markets.

Q5. Who are the key asset integrity management market companies?

Answer: Some of the key asset integrity management companies are as follows:

• SGS
• Bureau Veritas
• Intertek
• TechnipFMC
• Aker Solutions
• Rosen Swiss
• LifeTech
• EM&I
• Metegrity
• TWI

Q6. Which asset integrity management market segment will be the largest in future?

Answer: Lucintel forecasts that corrosion management is expected to witness the highest growth over the forecast period.

Q7. In asset integrity management market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the asset integrity management market by service type (non-destructive testing (NDT), risk-based inspection (RBI), corrosion management, pipeline integrity management, and hazard identification (HAZID) study), end use (oil & gas, power, mining, aerospace, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?Please note: It will take 2-3 business days to deliver the report upon receipt the order.