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Asset Integrity Management Market by Service (RBI, Ram Study, Corrosion Management, Pipeline Integrity Management, Hazid Study, Structural Integrity Management, NDT), Industry, and Geography - Global Forecast to 2023

Asset Integrity Management Market by Service (RBI, Ram Study, Corrosion Management, Pipeline Integrity Management, Hazid Study, Structural Integrity Management, NDT), Industry, and Geography - Global Forecast to 2023

“The asset integrity management services market expected to exhibit significant growth between 2017 and 2023”
The asset integrity management services market is expected to be valued at USD 31.66 billion by 2023, at a CAGR of 8.7% between 2017 and 2023. Key driving factors for the growth of the asset integrity management services market are necessity of asset integrity management in new offshore fields in deep waters; declining efficiencies of ageing assets and the need for operational safety; stringent government safety regulations and quality control requirements; climatic changes affecting the operations of various industries; and declining oil and gas prices increasing the demand for maintaining the asset and plant. However, harsh environmental conditions in the Middle East and Arctic regions, and high initial cost and complex process of system installation are considered to be major restraints.

“Asset integrity management services market for corrosion management is expected to grow at the highest CAGR during forecast period”
The market for corrosion management services is expected to grow at the highest CAGR between 2017 and 2023. The corrosion management services include cathodic protection, protective coating, chemical injection, and corrosion monitoring. The benefits of corrosion management include a reduction in environmental hazards caused by mechanical failures resulting in the leakage of hazardous gasses and liquids, increased availability of plant, reduction in unplanned maintenance, optimization of monitoring costs, and improvement in the working environment.

“Asset integrity management services market for power to grow at highest CAGR during forecast period”
The market for the power industry is expected to grow at the highest CAGR between 2017 and 2023. The current state of power industry enforces it to economize and, at the same time, indulge in innovations to increase the production. In the power industry, the asset integrity management services are used for ensuring the efficient and optimal working of power plants. The asset integrity management services also ensure the optimization of resources and efficient running of the plants. NDT is the basic technique for both identifying and seizing large flaws, and checking material degradation in the form of thermal aging, plastic deformation, fatigue, residual stress, creep, and stress corrosion cracking, among others.

“Asset integrity management services market in APAC to grow at highest CAGR during forecast period”
The asset integrity management services market in APAC is expected to grow at the highest CAGR between 2017 and 2023. The asset integrity management services ensure optimum utilization of the available resources and consequent reduction of the oil imports. Thus, the growing oil and gas industry and the investments made in this industry are driving the asset integrity management services market in APAC.

Breakdown of the profiles of primary participants for the report has been given below:
• By Company Type: Tier 1 = 42%, Tier 2 = 33%, and Tier 3 = 25%
• By Designation: C-Level Executives = 46%, Directors = 35%, and Others = 19%
• By Region: North America = 24%, Middle East = 27%, Europe = 22%, APAC = 21%, and RoW = 6%
The key players in the asset integrity management services market are SGS SA (Switzerland), Bureau Veritas SA (France), Intertek Group plc (UK), Fluor Corporation (US), Aker Solutions ASA (Norway), Applus+ Servicios Technológicos, S.L. (Spain), DNV GL AS (Norway), John Wood Group PLC (UK), Oceaneering International Inc. (US), ROSEN Swiss AG (Switzerland), and TechnipFMC plc (UK).

Research Coverage
The research report analyzes the asset integrity management services based on service type, industry, and geography. The market has been segmented on the basis of service type into risk-based inspection (RBI); reliability, availability, and maintainability (RAM) study; corrosion management; pipeline integrity management; hazard identification (HAZID) study; structural integrity management; nondestructive testing (NDT); and others. The industries implementing these services include oil and gas, power, mining, aeospace, and others. The report covers the market segmented on the basis of 4 major regions—North America, Europe, APAC, and RoW.

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market based on service type, industry, and geography have been conducted to give an overall view of the asset integrity management services market.
Major drivers, restraints, opportunities, and challenges for the asset integrity management services market have been detailed in this report.
The report includes a detailed competitive landscape along with key players and their revenue.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • SCOPE OF THE STUDY
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY AND PRIMARY RESEARCH
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ASSET INTEGRITY MANAGEMENT SERVICES MARKET
    • ASSET INTEGRITY MANAGEMENT SERVICES MARKET, BY SERVICE TYPE (2017-2023)
    • ASSET INTEGRITY MANAGEMENT SERVICES MARKET IN NORTH AMERICA, BY INDUSTRY (2017)
    • ASSET INTEGRITY MANAGEMENT SERVICES MARKET, BY GEOGRAPHY (2017)
  • MARKET OVERVIEW
    • INTRODUCTION
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • ASSET INTEGRITY MANAGEMENT IN VARIOUS OIL AND GAS SECTORS (QUALITATIVE)
    • INTRODUCTION
    • UPSTREAM SECTOR
    • MIDSTREAM SECTOR
      • PIPELINES: THE PRIMARY MEDIUM OF TRANSPORT OF OIL
      • USE OF SHIP FOR THE TRANSPORTATION OF OIL
    • DOWNSTREAM SECTOR
  • COMPONENTS OF ASSET INTEGRITY MANAGEMENT SERVICES (QUALITATIVE)
    • INTRODUCTION
    • HARDWARE
    • SOFTWARE
    • SERVICES
      • CASE STUDY: SGS SA PROVIDES OIL CONDITION MONITORING SERVICES TO POWER GENERATION COMPANIES
  • MARKET, BY SERVICE TYPE
    • INTRODUCTION
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET, BY SERVICE TYPE, 2014-2023 (USD BILLION)
    • RBI
      • Table RBI MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
      • Table RBI MARKET FOR OIL AND GAS, BY REGION, 2014-2023 (USD MILLION)
      • Table RBI MARKET FOR POWER, BY REGION, 2014-2023 (USD MILLION)
      • Table RBI MARKET FOR MINING, BY REGION, 2014-2023 (USD MILLION)
      • Table RBI MARKET FOR AEROSPACE, BY REGION, 2014-2023 (USD MILLION)
      • Table RBI MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION)
    • RAM STUDY
      • Table RAM STUDY MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
      • Table RAM STUDY MARKET FOR OIL AND GAS, BY REGION, 2014-2023 (USD MILLION)
      • Table RAM STUDY MARKET FOR POWER INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
      • Table RAM STUDY MARKET FOR MINING, BY REGION, 2014-2023 (USD MILLION)
      • Table RAM STUDY MARKET FOR AEROSPACE, BY REGION, 2014-2023 (USD MILLION)
      • Table RAM STUDY MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION)
    • CORROSION MANAGEMENT
      • Table CORROSION MANAGEMENT MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
      • Table CORROSION MANAGEMENT MARKET FOR OIL AND GAS, BY REGION, 2014-2023 (USD MILLION)
      • Table CORROSION MANAGEMENT MARKET FOR POWER, BY REGION, 2014-2023 (USD MILLION)
      • Table CORROSION MANAGEMENT MARKET FOR MINING, BY REGION, 2014-2023 (USD MILLION)
      • Table CORROSION MANAGEMENT MARKET FOR AEROSPACE, BY REGION, 2014-2023 (USD MILLION)
      • Table CORROSION MANAGEMENT MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION)
    • PIPELINE INTEGRITY MANAGEMENT
      • Table PIPELINE INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
      • Table PIPELINE INTEGRITY MANAGEMENT MARKET FOR OIL AND GAS, BY REGION, 2014-2023 (USD MILLION)
      • Table PIPELINE INTEGRITY MANAGEMENT MARKET FOR POWER, BY REGION, 2014-2023 (USD MILLION)
      • Table PIPELINE INTEGRITY MANAGEMENT MARKET FOR MINING, BY REGION, 2014-2023 (USD MILLION)
      • Table PIPELINE INTEGRITY MANAGEMENT MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION)
    • HAZID (HAZARD IDENTIFICATION) STUDY
      • Table HAZID STUDY MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
      • Table HAZID STUDY MARKET FOR OIL AND GAS, BY REGION, 2014-2023 (USD MILLION)
      • Table HAZID STUDY MARKET FOR POWER, BY REGION, 2014-2023 (USD MILLION)
      • Table HAZID STUDY MARKET FOR MINING, BY REGION, 2014-2023 (USD MILLION)
      • Table HAZID STUDY MARKET FOR AEROSPACE, BY REGION, 2014-2023 (USD MILLION)
      • Table HAZID STUDY MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION)
    • STRUCTURAL INTEGRITY MANAGEMENT
      • Table STRUCTURAL INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
      • Table STRUCTURAL INTEGRITY MANAGEMENT MARKET FOR OIL AND GAS, BY REGION, 2014-2023 (USD MILLION)
      • Table STRUCTURAL INTEGRITY MANAGEMENT MARKET FOR POWER, BY REGION, 2014-2023 (USD MILLION)
      • Table STRUCTURAL INTEGRITY MANAGEMENT MARKET FOR MINING, BY REGION, 2014-2023 (USD MILLION)
      • Table STRUCTURAL INTEGRITY MANAGEMENT MARKET FOR AEROSPACE, BY REGION, 2014-2023 (USD MILLION)
      • Table STRUCTURAL INTEGRITY MANAGEMENT MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION)
    • NDT
      • Table NDT MARKET, BY INDUSTRY, 2014-2023 (USD BILLION)
      • Table NDT MARKET FOR OIL AND GAS, BY REGION, 2014-2023 (USD MILLION)
      • Table NDT MARKET FOR POWER, BY REGION, 2014-2023 (USD MILLION)
      • Table NDT MARKET FOR MINING, BY REGION, 2014-2023 (USD MILLION)
      • Table NDT MARKET FOR AEROSPACE, BY REGION, 2014-2023 (USD MILLION)
      • Table NDT MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION)
    • OTHERS
      • Table OTHERS MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
      • Table OTHERS MARKET FOR OIL AND GAS, BY REGION, 2014-2023 (USD MILLION)
      • Table OTHERS MARKET FOR POWER, BY REGION, 2014-2023 (USD MILLION)
      • Table OTHERS MARKET FOR MINING, BY REGION, 2014-2023 (USD MILLION)
      • Table OTHERS MARKET FOR AEROSPACE, BY REGION, 2014-2023 (USD MILLION)
      • Table OTHER SERVICES MARKET FOR OTHER INDUSTRIES, BY REGION, 2014-2023 (USD MILLION)
  • MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET, BY INDUSTRY, 2014-2023 (USD BILLION)
    • OIL AND GAS
      • CASE STUDY: COLOMBIAN REFINERY PROJECT OF CB&I
        • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET FOR OIL AND GAS INDUSTRY, BY REGION, 2014-2023 (USD BILLION)
      • PLANT LOCATION OF OIL AND GAS INDUSTRY
        • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET, BY PLANT LOCATION, 2014-2023 (USD BILLION)
      • ONSHORE
      • OFFSHORE
      • SUBSEA
    • POWER
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET FOR POWER INDUSTRY, BY REGION, 2014-2023 (USD BILLION)
      • RENEWABLE ENERGY
        • Table CHALLENGES FACED BY RENEWABLE ENERGY PLANTS
    • MINING
      • CASE STUDY: ENHANCING LIFETIME OF SLURRY PIPELINES
        • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET FOR MINING, BY REGION, 2014-2023 (USD MILLION)
    • AEROSPACE
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET FOR AEROSPACE, BY REGION, 2014-2023 (USD MILLION)
    • OTHERS
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET, BY REGION, 2014-2023 (USD BILLION)
    • NORTH AMERICA
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET IN NORTH AMERICA, BY SERVICE TYPE, 2014-2023 (USD BILLION)
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2023 (USD BILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET IN EUROPE, BY SERVICE TYPE, 2014-2023 (USD MILLION)
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET IN EUROPE, BY COUNTRY, 2014-2023 (USD BILLION)
      • UK
      • GERMANY
      • FRANCE
      • NORWAY
      • REST OF EUROPE
    • APAC
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET IN APAC, BY SERVICE TYPE, 2014-2023 (USD MILLION)
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET IN APAC, BY COUNTRY, 2014-2023 (USD BILLION)
      • CHINA
      • JAPAN
      • INDIA
      • REST OF APAC
    • ROW
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET IN ROW, BY SERVICE TYPE, 2014-2023 (USD MILLION)
      • Table ASSET INTEGRITY MANAGEMENT SERVICES MARKET IN ROW, BY COUNTRY, 2014-2023 (USD BILLION)
      • SOUTH AMERICA
      • MIDDLE EAST AND AFRICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS: ASSET INTEGRITY MANAGEMENT SERVICES MARKET
      • Table RANKING OF THE KEY PLAYERS IN THE ASSET INTEGRITY MANAGEMENT SERVICES MARKET, 2016
    • GLOBAL ASSET INTEGRITY MANAGEMENT SERVICES MARKET COMPETITIVE LEADERSHIP MAPPING, 2017
      • INTRODUCTION
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • STRENGTH OF PRODUCT PORTFOLIO (FOR 25 PLAYERS)
      • BUSINESS STRATEGY EXCELLENCE (FOR 25 PLAYERS)
    • COMPETITIVE SITUATION AND TRENDS
      • AGREEMENTS & CONTRACTS
        • Table AGREEMENTS AND CONTRACTS, 2015-2017
      • PRODUCT LAUNCHES
        • Table PRODUCT LAUNCHES, 2015-2017
      • ACQUISITIONS & EXPANSIONS
        • Table ACQUISITIONS, 2015-2017
  • COMPANY PROFILES
    • INTRODUCTION
    • AKER SOLUTIONS ASA
      • OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • BUREAU VERITAS SA
      • OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • FLUOR CORPORATION
      • OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • INTERTEK GROUP PLC
      • OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SGS SA
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • APPLUS+ SERVICIOS TECNOLÓGICOS, S.L.
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • DNV GL AS
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • JOHN WOOD GROUP PLC
      • OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • OCEANEERING INTERNATIONAL INC.
      • OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • ROSEN SWISS AG
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • TECHNIPFMC PLC
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • KEY INNOVATORS
      • LIFETECH ENGINEERING LTD.
      • EM&I LTD
      • METEGRITY INC.
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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