Global Asset Integrity Management Market by Service Type, Industry Vertical and Geography - Forecasts from 2019 to 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Mar 7, 2019--The “Asset Integrity Management Market - Forecasts from 2019 to 2024” report has been added to ResearchAndMarkets.com’s offering.
The asset integrity management market is projected to grow at a CAGR of 9.41% to reach US$36.079 billion by 2024, from US$21.031 billion in 2018.
The asset integrity management services are majorly utilized by the firms operating in the oil & gas and energy & power industry, however, its gaining popularity in other industry verticals as well.
Since, the offshore exploration activity witnessed a downturn recently, the firms in the industry started strategizing their operations to deliver optimal performance from existing assets and equipment using technical services which led to the growth of the asset integrity management market.
Basically, the ability of these services to significantly drive down the cost of inspection, maintenance, and repair while simultaneously improving the overall reliability and safety of a facility led to its growing popularity. However, unavailability of the required pool of skilled resources is impacting the growth of the market substantially.
Major industry players profiled as part of the report are SGS, Bureau Veritas, Force Technology, and TV Rheinland among others.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market.
The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research.
Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the asset integrity management chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the asset integrity management market.
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base and Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry In the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Asset Integrity Management Market by Service Type
5.2. Ram Study
5.3. Corrosion Management
5.4. Pipeline Integrity Management
5.5. Hazid Study
5.6. Structural Integrity Management
6. Asset Integrity Management Market by Industry Vertical
6.1. Oil & Gas
6.2. Energy & Power
7. Asset Integrity Management Market by Geography
7.1. North America
7.2. South America
7.3.3. United Kingdom
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.5. Asia Pacific
8. Competitive Intelligence
8.1. Competition and Offerings Analysis of Key Vendors
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. Company Profiles
9.1. SGS SA
9.2. Intertek Group PLC
9.3. TV Rheinland
9.4. Bureau Veritas
9.5. TV Nord Group
9.6. Force Technology
9.7. DNV GL AS
9.8. TWI Ltd.
9.9. Aker Solutions
9.10. Fluor Corporation
9.11. TV SD
For more information about this report visit https://www.researchandmarkets.com/research/lz64qp/global_asset?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190307005665/en/
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SOURCE: Research and Markets
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PUB: 03/07/2019 01:36 PM/DISC: 03/07/2019 01:36 PM