Asset Integrity Management Market by Service Type (NDT, Risk-based Inspection, Corrosion Management, Pipeline Integrity, Hazard Identification, Structural Integrity Management, Reliability Availability and Maintainability) - Global Forecast to 2029
The global asset integrity management market is expected to be valued at USD 23.9 billion in 2024 and is projected to reach USD 31.5 billion by 2029; it is expected to grow at a CAGR of 5.7% from 2024 to 2029. The asset integrity management market focuses on ensuring critical assets' reliability, safety, and efficiency across industries. The rising need to maintain aging assets in risk-based sectors is a crucial driver for the asset integrity management market. As infrastructure ages, the risk of deterioration increases, necessitating proactive maintenance strategies. Industries such as oil and gas prioritize asset integrity to mitigate risks and ensure regulatory compliance. Risk-based approaches help prioritize resources and interventions, minimizing downtime and maximizing asset value.
“Corrosion management services to exhibit highest CAGR in the asset integrity management market”
Corrosion management is anticipated to exhibit the highest market share during the forecast period due to its critical importance in ensuring the longevity and reliability of industrial assets across various sectors. Corrosion significantly threatens infrastructure, equipment, and facilities, leading to safety risks, environmental damage, and costly downtime. As industries increasingly prioritize asset integrity and regulatory compliance, the demand for comprehensive corrosion management solutions continues to surge. These solutions encompass corrosion monitoring, prevention, mitigation, and remediation techniques aimed at proactively identifying and addressing corrosion issues to extend asset lifespan and minimize operational disruptions. Moreover, with aging infrastructure and harsh operating environments prevalent in sectors such as oil and gas, manufacturing, and transportation, the need for effective corrosion management strategies becomes even more pronounced, driving its dominance in the asset integrity management market.
“Power industry to exhibit highest CAGR in asset integrity management market.”
Due to several key factors, the power industry is poised to exhibit the highest market share during the forecast period. The increasing adoption of renewable energy sources requires robust asset integrity management to ensure reliability and efficiency. Additionally, aging power infrastructure globally necessitates comprehensive asset monitoring and maintenance solutions for risk mitigation and regulatory compliance. Furthermore, the growing demand for electricity, particularly in emerging economies, drives investments in power generation and distribution infrastructure, thereby increasing the demand for asset integrity management services. Lastly, the industry's shift towards digitalization and smart grid technologies mandates advanced asset monitoring and predictive maintenance solutions, contributing to its dominance in the asset integrity management market.
“Offshore oil & gas plant in asset integrity management market to exhibit highest CAGR during the forecast period”
The offshore sub-segment within the oil and gas industry is anticipated to demonstrate the highest CAGR in the market due to several key factors. Offshore facilities face unique challenges, such as harsh environmental conditions and stringent regulatory standards, necessitating robust asset integrity management practices. With increasing global energy demand, there is a growing focus on exploring offshore reserves in deeper waters, driving the demand for advanced asset integrity management solutions. Additionally, the complexity of offshore operations and the potential consequences of asset failure further emphasize the need for comprehensive integrity management. Technological advancements enable more efficient monitoring and maintenance of offshore assets, contributing to the anticipated growth in this sub-segment's market share.
“North America region holds for largest share in asset integrity management market.”
Due to several pivotal factors, North America is positioned to lead the market share in the forecast period. The region's dense industrial presence across sectors like oil and gas, manufacturing, power generation, and aerospace underscores the necessity for robust asset integrity management practices to ensure operational reliability and safety. Additionally, North America benefits from advanced technological capabilities and stringent regulatory standards, fostering the adoption of sophisticated asset monitoring and maintenance solutions. Furthermore, the region's commitment to innovation and infrastructure modernization bolsters its asset integrity management market leadership.
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
Research Coverage:
The research reports the Asset Integrity Management Market, By Service Type (Risk-based Inspection (RBI), Non-Destructive Testing (NDT) Inspection, Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management, Reliability, Availability and Maintainability (RAM) Study, and Others), By Industry (Oil & Gas, Power, Mining, Aerospace, and Others), and Region (North America, Europe, Asia Pacific, and Rest of the world (RoW)). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the asset integrity management market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent asset integrity management market developments. This report covers a competitive analysis of upcoming startups in the asset integrity management market ecosystem.
Key Benefits of Buying the Report
Analysis of key drivers (Increasing need to maintain aging assets in risk-based industries, New discoveries of resources fueling demand of asset integrity globally, Rising importance of asset integrity management due to environmental disturbances affecting plant operations, Stringent safety regulations and quality control requirements), restraints (Complexity and high cost of system installation, Regulatory compliance burden within asset integrity management), opportunities (Rising demand for renewable energy, Expansion of Power Sector in Emerging Economies, Increasing integration of automation in the oil & gas industry, Increasing capacities of oil and gas-fired power plants to fuel asset integrity management), and challenges (Shortage of skilled workforce in asset integrity management, Harsh weather conditions posing challenges in inspection and monitoring) influencing the growth of the asset integrity management market.
“Corrosion management services to exhibit highest CAGR in the asset integrity management market”
Corrosion management is anticipated to exhibit the highest market share during the forecast period due to its critical importance in ensuring the longevity and reliability of industrial assets across various sectors. Corrosion significantly threatens infrastructure, equipment, and facilities, leading to safety risks, environmental damage, and costly downtime. As industries increasingly prioritize asset integrity and regulatory compliance, the demand for comprehensive corrosion management solutions continues to surge. These solutions encompass corrosion monitoring, prevention, mitigation, and remediation techniques aimed at proactively identifying and addressing corrosion issues to extend asset lifespan and minimize operational disruptions. Moreover, with aging infrastructure and harsh operating environments prevalent in sectors such as oil and gas, manufacturing, and transportation, the need for effective corrosion management strategies becomes even more pronounced, driving its dominance in the asset integrity management market.
“Power industry to exhibit highest CAGR in asset integrity management market.”
Due to several key factors, the power industry is poised to exhibit the highest market share during the forecast period. The increasing adoption of renewable energy sources requires robust asset integrity management to ensure reliability and efficiency. Additionally, aging power infrastructure globally necessitates comprehensive asset monitoring and maintenance solutions for risk mitigation and regulatory compliance. Furthermore, the growing demand for electricity, particularly in emerging economies, drives investments in power generation and distribution infrastructure, thereby increasing the demand for asset integrity management services. Lastly, the industry's shift towards digitalization and smart grid technologies mandates advanced asset monitoring and predictive maintenance solutions, contributing to its dominance in the asset integrity management market.
“Offshore oil & gas plant in asset integrity management market to exhibit highest CAGR during the forecast period”
The offshore sub-segment within the oil and gas industry is anticipated to demonstrate the highest CAGR in the market due to several key factors. Offshore facilities face unique challenges, such as harsh environmental conditions and stringent regulatory standards, necessitating robust asset integrity management practices. With increasing global energy demand, there is a growing focus on exploring offshore reserves in deeper waters, driving the demand for advanced asset integrity management solutions. Additionally, the complexity of offshore operations and the potential consequences of asset failure further emphasize the need for comprehensive integrity management. Technological advancements enable more efficient monitoring and maintenance of offshore assets, contributing to the anticipated growth in this sub-segment's market share.
“North America region holds for largest share in asset integrity management market.”
Due to several pivotal factors, North America is positioned to lead the market share in the forecast period. The region's dense industrial presence across sectors like oil and gas, manufacturing, power generation, and aerospace underscores the necessity for robust asset integrity management practices to ensure operational reliability and safety. Additionally, North America benefits from advanced technological capabilities and stringent regulatory standards, fostering the adoption of sophisticated asset monitoring and maintenance solutions. Furthermore, the region's commitment to innovation and infrastructure modernization bolsters its asset integrity management market leadership.
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 – 26%, Tier 2 – 32%, and Tier 3 – 42%
- By Designation: C-level Executives – 40%, Directors – 30%, and Others – 30%
- By Region: North America – 35%, Europe – 30%, Asia Pacific – 25%, and RoW – 10%
Research Coverage:
The research reports the Asset Integrity Management Market, By Service Type (Risk-based Inspection (RBI), Non-Destructive Testing (NDT) Inspection, Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management, Reliability, Availability and Maintainability (RAM) Study, and Others), By Industry (Oil & Gas, Power, Mining, Aerospace, and Others), and Region (North America, Europe, Asia Pacific, and Rest of the world (RoW)). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the asset integrity management market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent asset integrity management market developments. This report covers a competitive analysis of upcoming startups in the asset integrity management market ecosystem.
Key Benefits of Buying the Report
Analysis of key drivers (Increasing need to maintain aging assets in risk-based industries, New discoveries of resources fueling demand of asset integrity globally, Rising importance of asset integrity management due to environmental disturbances affecting plant operations, Stringent safety regulations and quality control requirements), restraints (Complexity and high cost of system installation, Regulatory compliance burden within asset integrity management), opportunities (Rising demand for renewable energy, Expansion of Power Sector in Emerging Economies, Increasing integration of automation in the oil & gas industry, Increasing capacities of oil and gas-fired power plants to fuel asset integrity management), and challenges (Shortage of skilled workforce in asset integrity management, Harsh weather conditions posing challenges in inspection and monitoring) influencing the growth of the asset integrity management market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the asset integrity management market
- Market Development: Comprehensive information about lucrative markets – the report analyses the asset integrity management market across varied regions.
- Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the asset integrity management market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like SGS Sociйtй Gйnйrale de Surveillance SA. (Switzerland), Bureau Veritas (France), TechnipFMC plc (UK), John Wood Group PLC (UK), Fluor Corporation (US), and Baker Hughes Company (US) among others in the asset integrity management market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED
FIGURE 1 ASSET INTEGRITY MANAGEMENT MARKET SEGMENTATION
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 ASSET INTEGRITY MANAGEMENT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Breakdown of primaries
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 List of primary interview participants
2.2 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 3 ASSET INTEGRITY MANAGEMENT MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
FIGURE 4 ASSET INTEGRITY MANAGEMENT MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
FIGURE 5 ASSET INTEGRITY MANAGEMENT MARKET: TOP-DOWN APPROACH
FIGURE 6 ASSET INTEGRITY MANAGEMENT MARKET: SUPPLY-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 ASSET INTEGRITY MANAGEMENT MARKET: DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 8 ASSET INTEGRITY MANAGEMENT MARKET: RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
FIGURE 9 ASSET INTEGRITY MANAGEMENT MARKET: RESEARCH LIMITATIONS
2.6 RISK ASSESSMENT
TABLE 1 ASSET INTEGRITY MANAGEMENT MARKET: RISK ASSESSMENT
2.7 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON ASSET INTEGRITY MANAGEMENT MARKET
TABLE 2 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON ASSET INTEGRITY MANAGEMENT MARKET
3 EXECUTIVE SUMMARY
FIGURE 10 NON-DESTRUCTIVE TESTING INSPECTION TO ACCOUNT FOR LARGER SHARE THROUGHOUT FORECAST PERIOD
FIGURE 11 OFFSHORE PLANTS WITHIN OIL & GAS INDUSTRY TO CAPTURE DOMINANT SHARE BY 2029
FIGURE 12 POWER INDUSTRY TO COMMAND ASSET INTEGRITY MANAGEMENT MARKET BY 2029
FIGURE 13 NORTH AMERICA HELD LARGEST SHARE OF ASSET INTEGRITY MANAGEMENT MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ASSET INTEGRITY MANAGEMENT MARKET
FIGURE 14 ROBUST INDUSTRIAL ENVIRONMENT TO CREATE SIGNIFICANT GROWTH OPPORTUNITIES FOR MARKET PLAYERS
4.2 ASSET INTEGRITY MANAGEMENT MARKET IN NORTH AMERICA BY COUNTRY AND INDUSTRY
FIGURE 15 US AND OIL & GAS TO HOLD LARGEST SHARE OF NORTH AMERICAN ASSET INTEGRITY MANAGEMENT MARKET IN 2024
4.3 ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE
FIGURE 16 NON-DESTRUCTIVE TESTING INSPECTION TO ACCOUNT FOR LARGEST MARKET SHARE BY 2029
4.4 ASSET INTEGRITY MANAGEMENT MARKET, BY REGION
FIGURE 17 INDIA TO RECORD HIGHEST CAGR IN ASSET INTEGRITY MANAGEMENT MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 ASSET INTEGRITY MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 19 ASSET INTEGRITY MANAGEMENT MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Increasing need to maintain aging assets in risk-based industries
5.2.1.2 Discovery of new resources through deep water exploration
5.2.1.3 Environmental disturbances affecting plant operations
FIGURE 20 POTENTIAL RISKS POSED BY CLIMATIC CHANGES TO OIL & GAS INDUSTRY
5.2.1.4 Stringent safety regulations and quality control requirements
5.2.2 RESTRAINTS
FIGURE 21 ASSET INTEGRITY MANAGEMENT MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Complexity and high cost of system installation in some sectors
5.2.3 OPPORTUNITIES
FIGURE 22 ASSET INTEGRITY MANAGEMENT MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Rising demand for renewable energy
5.2.3.2 Expansion of power sector in emerging economies
5.2.3.3 Increasing integration of automation in oil & gas industry
5.2.3.4 Increasing capacities of oil- and gas-fired power plants
5.2.4 CHALLENGES
FIGURE 23 ASSET INTEGRITY MANAGEMENT MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Limited availability of skilled workforce
5.2.4.2 Harsh operating environment
5.3 VALUE CHAIN ANALYSIS
FIGURE 24 ASSET INTEGRITY MANAGEMENT MARKET: VALUE CHAIN ANALYSIS
5.4 MARKET ECOSYSTEM
FIGURE 25 ASSET INTEGRITY MANAGEMENT ECOSYSTEM
TABLE 3 COMPANIES AND THEIR ROLE IN ASSET INTEGRITY MANAGEMENT ECOSYSTEM
5.5 INVESTMENT AND FUNDING SCENARIO
5.5.1 NUMBER OF DEALS IN ASSET INTEGRITY MANAGEMENT MARKET
5.5.2 FUNDING SCENARIO IN ASSET INTEGRITY MANAGEMENT MARKET
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 26 ASSET INTEGRITY MANAGEMENT MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE TREND
FIGURE 27 AVERAGE SELLING PRICE OF INSPECTION AND TESTING SERVICES IN ASSET INTEGRITY MANAGEMENT PROVIDED BY TWO KEY PLAYERS (USD/HR)
TABLE 4 AVERAGE SELLING PRICE OF INSPECTION AND TESTING SERVICES IN ASSET INTEGRITY MANAGEMENT PROVIDED BY TWO KEY PLAYERS (USD/HR)
FIGURE 28 AVERAGE SELLING PRICE TREND, BY REGION (USD)
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Data Analytics and Machine Learning
5.8.1.2 Remote Monitoring and IoT
5.8.1.3 3D Laser Scanning and Phased Array Ultrasonic Testing (PAUT)
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Cloud Computing
5.8.2.2 Blockchain
5.8.2.3 Augmented Reality and Virtual Reality
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Environmental Monitoring
5.8.3.2 Energy Harvesting
5.9 PORTER'S FIVE FORCES ANALYSIS
TABLE 5 ASSET INTEGRITY MANAGEMENT MARKET: PORTER'S FIVE FORCES ANALYSIS
FIGURE 29 ASSET INTEGRITY MANAGEMENT MARKET: PORTER'S FIVE FORCES ANALYSIS
5.9.1 INTENSITY OF COMPETITIVE RIVALRY
5.9.2 BARGAINING POWER OF SUPPLIERS
5.9.3 BARGAINING POWER OF BUYERS
5.9.4 THREAT OF NEW ENTRANTS
5.9.5 THREAT OF SUBSTITUTES
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES
5.10.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES
TABLE 7 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES
5.11 CASE STUDY ANALYSIS
5.11.1 SGS SA CONDUCTS SUITABILITY FOR SERVICE ANALYSIS OF AFFECTED FACILITY IN ENGLAND
5.11.2 ASSET INTEGRITY ENGINEERING PROVIDES SOLUTION FOR OFFSHORE OIL & GAS FACILITY
5.11.3 DNV CONDUCTS CORROSION INSPECTION FOR REMAINING LIFE ASSESSMENT OF TRANSMISSION PIPELINES
5.11.4 DNV EXECUTES ASSESSMENT TO IDENTIFY MAINTENANCE BACKLOG ISSUES
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO
FIGURE 32 IMPORT DATA FOR HS CODE 9026-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.12.2 EXPORT SCENARIO
FIGURE 33 EXPORT DATA FOR HS CODE 9026-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.13 TARIFF AND REGULATORY LANDSCAPE
5.13.1 TARIFF ANALYSIS
TABLE 8 MFN TARIFF FOR HS CODE 9026-COMPLIANT PRODUCTS EXPORTED BY MEXICO
TABLE 9 MFN TARIFF FOR HS CODE 9026-COMPLIANT PRODUCTS EXPORTED BY BRAZIL
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 STANDARDS/REGULATIONS
TABLE 14 NORTH AMERICA: STANDARDS/REGULATIONS
TABLE 15 EUROPE: STANDARDS/REGULATIONS
TABLE 16 ASIA PACIFIC: STANDARDS/REGULATIONS
TABLE 17 ROW: STANDARDS/REGULATIONS
5.14 PATENT ANALYSIS
FIGURE 34 ASSET INTEGRITY MANAGEMENT MARKET: PATENTS APPLIED AND GRANTED, 2014–2023
TABLE 18 ASSET INTEGRITY MANAGEMENT MARKET: KEY PATENTS, 2020–2023
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 19 ASSET INTEGRITY MANAGEMENT MARKET: KEY CONFERENCES AND EVENTS, 2024–2025
6 OFFERINGS IN ASSET INTEGRITY MANAGEMENT MARKET
6.1 INTRODUCTION
FIGURE 35 OFFERINGS IN ASSET INTEGRITY MANAGEMENT MARKET
6.2 HARDWARE
6.3 SOFTWARE
6.4 SERVICES
7 USE CASES IN ASSET INTEGRITY MANAGEMENT MARKET
7.1 INTRODUCTION
7.2 VESSELS, PIPING, AND PRESSURE PLANTS
7.3 FIRE AND SAFETY SYSTEMS
7.4 ELECTRICAL SYSTEMS
7.5 ROTATING EQUIPMENT
7.6 RELIEF AND VENT SYSTEMS
7.7 INSTRUMENTATION AND CONTROL SYSTEMS
8 ASSET INTEGRITY MANAGEMENT MARKET METHODOLOGIES
8.1 INTRODUCTION
8.2 RELIABILITY-CENTERED MAINTENANCE
8.3 ROOT CAUSE ANALYSIS
8.4 RELIABILITY ANALYTICS
8.5 LIFE CYCLE ASSESSMENT/EXTENSION
8.6 FITNESS FOR SERVICE
8.7 FAILURE MODES, EFFECTS, AND CRITICALITY ANALYSIS
8.8 FINITE ELEMENT ANALYSIS
8.9 SAFETY INTEGRITY LEVEL STUDY
9 ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE
9.1 INTRODUCTION
FIGURE 36 NON-DESTRUCTIVE TESTING INSPECTION TO LEAD ASSET INTEGRITY MANAGEMENT MARKET DURING FORECAST PERIOD
TABLE 20 ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD BILLION)
TABLE 21 ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD BILLION)
9.2 RISK-BASED INSPECTION
9.2.1 HIGHER NEED FOR RISK ASSESSMENTS IN OIL & GAS INDUSTRY TO FUEL SEGMENT GROWTH
FIGURE 37 INTERNATIONAL STANDARDS AND RECOMMENDED PRACTICES FOR IMPLEMENTATION OF RBI
TABLE 22 RISK-BASED INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 23 RISK-BASED INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
TABLE 24 RISK-BASED INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 25 RISK-BASED INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.3 NON-DESTRUCTIVE TESTING INSPECTION
9.3.1 INCREASING ADOPTION OF ADVANCED TECHNOLOGIES TO BOOST MARKET GROWTH
FIGURE 38 METHODS OF NON-DESTRUCTIVE TESTING
TABLE 26 NON-DESTRUCTIVE TESTING INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 27 NON-DESTRUCTIVE TESTING INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
TABLE 28 NON-DESTRUCTIVE TESTING INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 29 NON-DESTRUCTIVE TESTING INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.4 CORROSION MANAGEMENT
9.4.1 NEED TO MAINTAIN AGING INFRASTRUCTURE AND MITIGATE LOSSES TO DRIVE MARKET
FIGURE 39 TYPES OF CORROSION
FIGURE 40 ELEMENTS OF CORROSION MANAGEMENT
TABLE 30 CORROSION MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 31 CORROSION MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
TABLE 32 CORROSION MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 33 CORROSION MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.5 PIPELINE INTEGRITY MANAGEMENT
9.5.1 RISING IMPORTANCE OF EFFECTIVE MANAGEMENT FOR FAILURE PREVENTION TO BOOST SEGMENT
TABLE 34 PIPELINE INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 35 PIPELINE INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
TABLE 36 PIPELINE INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 37 PIPELINE INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.6 HAZARD IDENTIFICATION STUDY
9.6.1 AWARENESS ABOUT CRITICALITY OF PROACTIVE HAZARD IDENTIFICATION AND RISK MANAGEMENT TO FUEL DEMAND
TABLE 38 HAZARD IDENTIFICATION STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 39 HAZARD IDENTIFICATION STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 40 HAZARD IDENTIFICATION STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 41 HAZARD IDENTIFICATION STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.7 STRUCTURAL INTEGRITY MANAGEMENT
9.7.1 SEGMENT GROWTH DRIVEN BY COMPLIANCE REQUIREMENTS
TABLE 42 STRUCTURAL INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 43 STRUCTURAL INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 44 STRUCTURAL INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 45 STRUCTURAL INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.8 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY (RAM) STUDY
9.8.1 TECHNOLOGICAL ADVANCEMENTS BOOST SEGMENT GROWTH
FIGURE 41 PROCESS OF STRUCTURAL INTEGRITY MANAGEMENT
TABLE 46 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 47 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 48 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 49 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.9 OTHER SERVICE TYPES
TABLE 50 OTHER SERVICE TYPES: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 51 OTHER SERVICE TYPES: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 52 OTHER SERVICE TYPES: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 53 OTHER SERVICE TYPES: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
10 ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY
10.1 INTRODUCTION
FIGURE 42 POWER INDUSTRY TO REGISTER HIGHEST CAGR IN ASSET INTEGRITY MANAGEMENT MARKET DURING FORECAST PERIOD
TABLE 54 ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 55 ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
10.2 OIL & GAS
FIGURE 43 TYPES OF ASSETS IN OIL & GAS PLANTS
TABLE 56 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 57 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 58 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 59 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
10.2.1 OIL & GAS INDUSTRY, BY PLANT LOCATION
FIGURE 44 ASSET INTEGRITY MANAGEMENT MARKET, BY PLANT LOCATION
TABLE 60 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY PLANT LOCATION, 2020–2023 (USD BILLION)
TABLE 61 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY PLANT LOCATION, 2024–2029 (USD BILLION)
10.2.1.1 Onshore
10.2.1.1.1 Segment driven by large share of oil extraction across the globe
10.2.1.2 Offshore
10.2.1.2.1 Need to maintain operational continuity and asset protection to propel segment growth
10.2.1.3 Subsea
10.2.1.3.1 Rising adoption of digital twin technologies to boost market growth
10.2.2 OIL & GAS INDUSTRY, BY OPERATING SECTOR
10.2.2.1 Upstream
10.2.2.2 Midstream
10.2.2.3 Downstream
10.3 POWER
10.3.1 INCREASING NEED TO MITIGATE RISKS ASSOCIATED WITH EQUIPMENT FAILURES IN POWER PLANTS TO FUEL MARKET GROWTH
TABLE 62 POWER: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 63 POWER: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 64 POWER: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 65 POWER: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
10.3.2 RENEWABLE ENERGY POWER PLANTS
10.3.2.1 Geothermal Energy
10.3.2.2 Wind Energy
10.3.2.3 Hydropower Energy
10.3.2.4 Solar Energy
10.3.2.5 Biomass Energy
10.3.2.6 Tidal Energy
10.3.3 CONVENTIONAL ENERGY POWER PLANTS
10.3.3.1 Nuclear
10.3.3.2 Coal
10.3.3.3 Fuel Oil
10.3.3.4 Natural Gas
10.3.3.5 Waste-fired Thermal Power Plants
10.4 MINING
10.4.1 RISING ADOPTION OF PREVENTIVE MAINTENANCE IN MINING TO FUEL REVENUE GROWTH
TABLE 66 MINING: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 67 MINING: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 68 MINING: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 69 MINING: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
10.5 AEROSPACE
10.5.1 INCREASING COMPLIANCE AND SAFETY REQUIREMENTS TO COMPLEMENT SEGMENT GROWTH
TABLE 70 AEROSPACE: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 71 AEROSPACE: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 72 AEROSPACE: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 73 AEROSPACE: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
10.6 OTHERS
TABLE 74 OTHER INDUSTRIES: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 75 OTHER INDUSTRIES: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 76 OTHER INDUSTRIES: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 77 OTHER INDUSTRIES: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
11 ASSET INTEGRITY MANAGEMENT MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 45 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN ASSET INTEGRITY MANAGEMENT MARKET DURING FORECAST PERIOD
TABLE 78 ASSET INTEGRITY MANAGEMENT MARKET, 2020–2023 (USD BILLION)
TABLE 79 ASSET INTEGRITY MANAGEMENT MARKET, 2024–2029 (USD BILLION)
TABLE 80 ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 81 ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
11.2 NORTH AMERICA
FIGURE 46 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET SNAPSHOT
TABLE 82 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 83 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 84 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 85 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 86 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 87 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
11.2.1 US
11.2.1.1 Stringent industry regulations to boost market growth
11.2.2 CANADA
11.2.2.1 Surging demand for AIM services from oil & gas industry to drive market in Canada
11.2.3 MEXICO
11.2.3.1 Potential investments in oil & gas sector to foster market growth
11.2.4 NORTH AMERICA: RECESSION IMPACT
11.3 EUROPE
FIGURE 47 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET SNAPSHOT
TABLE 88 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 89 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 90 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 91 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 92 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 93 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
11.3.1 UK
11.3.1.1 Increasing focus on development of renewable energy sources to drive market growth
11.3.2 GERMANY
11.3.2.1 Rising need to manage existing infrastructure and plant assets to fuel growth
11.3.3 FRANCE
11.3.3.1 Robust infrastructural growth in renewable energy to fuel growth
11.3.4 NORWAY
11.3.4.1 Need for asset integrity from established oil & gas industry and growing process industries to fuel market expansion
11.3.5 REST OF EUROPE
11.3.6 EUROPE: RECESSION IMPACT
11.4 ASIA PACIFIC
FIGURE 48 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET SNAPSHOT
TABLE 94 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 95 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 96 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 97 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 98 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 99 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
11.4.1 CHINA
11.4.1.1 Large mining industry and growing power generation projects to boost market
11.4.2 JAPAN
11.4.2.1 Essentiality of oil & gas to mitigate energy demand complements market growth
11.4.3 INDIA
11.4.3.1 Higher energy demand and introduction of new oil extraction projects boost market growth
11.4.4 REST OF ASIA PACIFIC
11.4.5 ASIA PACIFIC: RECESSION IMPACT
11.5 ROW
TABLE 100 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 101 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
TABLE 102 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 103 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 104 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 105 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.5.1 MIDDLE EAST
TABLE 106 MIDDLE EAST: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 107 MIDDLE EAST: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
11.5.1.1 GCC Countries
TABLE 108 GCC: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 109 GCC: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.5.1.1.1 Bahrain
11.5.1.1.1.1 Significant investments in oil & gas sector to propel market growth
11.5.1.1.2 Kuwait
11.5.1.1.2.1 Rising focus on increasing oil extraction capacity to foster market growth in Kuwait
11.5.1.1.3 Oman
11.5.1.1.3.1 Focus on bringing diversification in energy sector to proliferate market growth
11.5.1.1.4 Qatar
11.5.1.1.4.1 Infrastructural expansion in oil & gas sector to boost market growth
11.5.1.1.5 Saudi Arabia
11.5.1.1.5.1 Large oil reserves provide potential opportunities for market growth
11.5.1.1.6 UAE
11.5.1.1.6.1 Stringent standards in oil & gas industry to complement revenue growth
11.5.1.2 Rest of Middle East
11.5.2 AFRICA
11.5.2.1 Significant growth in mining industry to fuel adoption
11.5.3 SOUTH AMERICA
11.5.3.1 Need for efficient operation of oil & gas infrastructure to drive market growth
11.5.4 ROW: RECESSION IMPACT
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
TABLE 110 ASSET INTEGRITY MANAGEMENT MARKET: STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
12.3 MARKET SHARE ANALYSIS, 2023
FIGURE 49 ASSET INTEGRITY MANAGEMENT MARKET SHARE ANALYSIS, 2023
TABLE 111 ASSET INTEGRITY MANAGEMENT MARKET: DEGREE OF COMPETITION, 2023
12.4 COMPANY REVENUE ANALYSIS, 2018–2022
FIGURE 50 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022
12.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 51 COMPANY VALUATION, 2022 (USD MILLION)
FIGURE 52 FINANCIAL METRICS (EV/EBITDA), 2022
12.6 PRODUCT/BRAND COMPARISON
FIGURE 53 PRODUCT/BRAND COMPARISON
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 54 ASSET INTEGRITY MANAGEMENT MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.7.5.1 Company footprint
FIGURE 55 ASSET INTEGRITY MANAGEMENT MARKET: COMPANY FOOTPRINT
12.7.5.2 Region footprint
TABLE 112 ASSET INTEGRITY MANAGEMENT MARKET: REGION FOOTPRINT
12.7.5.3 Service type footprint
TABLE 113 ASSET INTEGRITY MANAGEMENT MARKET: SERVICE TYPE FOOTPRINT
12.7.5.4 Industry footprint
TABLE 114 ASSET INTEGRITY MANAGEMENT MARKET: INDUSTRY FOOTPRINT
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 56 ASSET INTEGRITY MANAGEMENT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
12.8.5 COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2023
12.8.5.1 Key startups/SMEs
TABLE 115 ASSET INTEGRITY MANAGEMENT MARKET: KEY STARTUPS/SMES
12.8.5.2 Competitive benchmarking of startups/SMEs
TABLE 116 ASSET INTEGRITY MANAGEMENT MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 117 ASSET INTEGRITY MANAGEMENT MARKET: PRODUCT LAUNCHES, MARCH 2020–FEBRUARY 2024
12.9.2 DEALS
TABLE 118 ASSET INTEGRITY MANAGEMENT MARKET: DEALS, MARCH 2020–FEBRUARY 2024
12.9.3 EXPANSIONS
TABLE 119 ASSET INTEGRITY MANAGEMENT MARKET: EXPANSIONS, MARCH 2020–FEBRUARY 2024
12.9.4 OTHERS
TABLE 120 ASSET INTEGRITY MANAGEMENT MARKET: OTHERS, MARCH 2020–FEBRUARY 2024
13 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
13.1 KEY PLAYERS
13.1.1 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA
TABLE 121 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA: COMPANY OVERVIEW
FIGURE 57 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA: COMPANY SNAPSHOT
TABLE 122 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 123 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA: DEALS
13.1.2 BUREAU VERITAS
TABLE 124 BUREAU VERITAS: COMPANY OVERVIEW
FIGURE 58 BUREAU VERITAS: COMPANY SNAPSHOT
TABLE 125 BUREAU VERITAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 126 BUREAU VERITAS: EXPANSIONS
TABLE 127 BUREAU VERITAS: OTHERS
13.1.3 TECHNIPFMC PLC
TABLE 128 TECHNIPFMC PLC: COMPANY OVERVIEW
FIGURE 59 TECHNIPFMC PLC: COMPANY SNAPSHOT
TABLE 129 TECHNIPFMC PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 130 TECHNIPFMC PLC: PRODUCT LAUNCHES
13.1.4 JOHN WOOD GROUP PLC
TABLE 131 JOHN WOOD GROUP PLC: COMPANY OVERVIEW
FIGURE 60 JOHN WOOD GROUP PLC: COMPANY SNAPSHOT
TABLE 132 JOHN WOOD GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 133 JOHN WOOD GROUP PLC: DEALS
TABLE 134 JOHN WOOD GROUP PLC: OTHERS
13.1.5 FLUOR CORPORATION
TABLE 135 FLUOR CORPORATION: COMPANY OVERVIEW
FIGURE 61 FLUOR CORPORATION: COMPANY SNAPSHOT
TABLE 136 FLUOR CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 137 FLUOR CORPORATION: EXPANSIONS
TABLE 138 FLUOR CORPORATION: OTHERS
13.1.6 BAKER HUGHES COMPANY
TABLE 139 BAKER HUGHES COMPANY: COMPANY OVERVIEW
FIGURE 62 BAKER HUGHES COMPANY: COMPANY SNAPSHOT
TABLE 140 BAKER HUGHES COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 141 BAKER HUGHES COMPANY: DEALS
13.1.7 INTERTEK GROUP PLC
TABLE 142 INTERTEK GROUP PLC: COMPANY OVERVIEW
FIGURE 63 INTERTEK GROUP PLC: COMPANY SNAPSHOT
TABLE 143 INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 144 INTERTEK GROUP PLC: PRODUCT LAUNCHES
TABLE 145 INTERTEK GROUP PLC: DEALS
TABLE 146 INTERTEK GROUP PLC: EXPANSIONS
TABLE 147 INTERTEK GROUP PLC: OTHERS
13.1.8 AKER SOLUTIONS
TABLE 148 AKER SOLUTIONS: COMPANY OVERVIEW
FIGURE 64 AKER SOLUTIONS: COMPANY SNAPSHOT
TABLE 149 AKER SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 150 AKER SOLUTIONS: OTHERS
13.1.9 APPLUS+
TABLE 151 APPLUS+: COMPANY OVERVIEW
FIGURE 65 APPLUS+: COMPANY SNAPSHOT
TABLE 152 APPLUS+: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 153 APPLUS+: DEALS
TABLE 154 APPLUS+: EXPANSIONS
TABLE 155 APPLUS+: OTHERS
13.1.10 DNV AS
TABLE 156 DNV AS: COMPANY OVERVIEW
FIGURE 66 DNV AS: COMPANY SNAPSHOT
TABLE 157 DNV AS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 158 DNV AS: DEALS
TABLE 159 DNV AS: EXPANSIONS
13.1.11 OCEANEERING INTERNATIONAL, INC.
TABLE 160 OCEANEERING INTERNATIONAL, INC.: COMPANY OVERVIEW
FIGURE 67 OCEANEERING INTERNATIONAL, INC.: COMPANY SNAPSHOT
TABLE 161 OCEANEERING INTERNATIONAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 162 OCEANEERING INTERNATIONAL, INC.: DEALS
TABLE 163 OCEANEERING INTERNATIONAL, INC.: OTHERS
13.2 OTHER PLAYERS
13.2.1 TЬV SЬD
13.2.2 ROSEN SWISS AG
13.2.3 LIFETECH ENGINEERING LTD
13.2.4 EM&I
13.2.5 METEGRITY INC.
13.2.6 FORCE TECHNOLOGY
13.2.7 TWI LTD.
13.2.8 OES
13.2.9 BELL ENERGY
13.2.10 ABS GROUP OF COMPANIES, INC.
13.2.11 VELOSI ASSET INTEGRITY LTD
13.2.12 AXESS GROUP
13.2.13 ELEMENT MATERIALS TECHNOLOGY
13.2.14 RINA
13.2.15 ASSET INTEGRITY ENGINEERING
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED
FIGURE 1 ASSET INTEGRITY MANAGEMENT MARKET SEGMENTATION
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 ASSET INTEGRITY MANAGEMENT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Breakdown of primaries
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 List of primary interview participants
2.2 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 3 ASSET INTEGRITY MANAGEMENT MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side)
FIGURE 4 ASSET INTEGRITY MANAGEMENT MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis (supply side)
FIGURE 5 ASSET INTEGRITY MANAGEMENT MARKET: TOP-DOWN APPROACH
FIGURE 6 ASSET INTEGRITY MANAGEMENT MARKET: SUPPLY-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 ASSET INTEGRITY MANAGEMENT MARKET: DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 8 ASSET INTEGRITY MANAGEMENT MARKET: RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
FIGURE 9 ASSET INTEGRITY MANAGEMENT MARKET: RESEARCH LIMITATIONS
2.6 RISK ASSESSMENT
TABLE 1 ASSET INTEGRITY MANAGEMENT MARKET: RISK ASSESSMENT
2.7 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON ASSET INTEGRITY MANAGEMENT MARKET
TABLE 2 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON ASSET INTEGRITY MANAGEMENT MARKET
3 EXECUTIVE SUMMARY
FIGURE 10 NON-DESTRUCTIVE TESTING INSPECTION TO ACCOUNT FOR LARGER SHARE THROUGHOUT FORECAST PERIOD
FIGURE 11 OFFSHORE PLANTS WITHIN OIL & GAS INDUSTRY TO CAPTURE DOMINANT SHARE BY 2029
FIGURE 12 POWER INDUSTRY TO COMMAND ASSET INTEGRITY MANAGEMENT MARKET BY 2029
FIGURE 13 NORTH AMERICA HELD LARGEST SHARE OF ASSET INTEGRITY MANAGEMENT MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ASSET INTEGRITY MANAGEMENT MARKET
FIGURE 14 ROBUST INDUSTRIAL ENVIRONMENT TO CREATE SIGNIFICANT GROWTH OPPORTUNITIES FOR MARKET PLAYERS
4.2 ASSET INTEGRITY MANAGEMENT MARKET IN NORTH AMERICA BY COUNTRY AND INDUSTRY
FIGURE 15 US AND OIL & GAS TO HOLD LARGEST SHARE OF NORTH AMERICAN ASSET INTEGRITY MANAGEMENT MARKET IN 2024
4.3 ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE
FIGURE 16 NON-DESTRUCTIVE TESTING INSPECTION TO ACCOUNT FOR LARGEST MARKET SHARE BY 2029
4.4 ASSET INTEGRITY MANAGEMENT MARKET, BY REGION
FIGURE 17 INDIA TO RECORD HIGHEST CAGR IN ASSET INTEGRITY MANAGEMENT MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 ASSET INTEGRITY MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 19 ASSET INTEGRITY MANAGEMENT MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Increasing need to maintain aging assets in risk-based industries
5.2.1.2 Discovery of new resources through deep water exploration
5.2.1.3 Environmental disturbances affecting plant operations
FIGURE 20 POTENTIAL RISKS POSED BY CLIMATIC CHANGES TO OIL & GAS INDUSTRY
5.2.1.4 Stringent safety regulations and quality control requirements
5.2.2 RESTRAINTS
FIGURE 21 ASSET INTEGRITY MANAGEMENT MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Complexity and high cost of system installation in some sectors
5.2.3 OPPORTUNITIES
FIGURE 22 ASSET INTEGRITY MANAGEMENT MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Rising demand for renewable energy
5.2.3.2 Expansion of power sector in emerging economies
5.2.3.3 Increasing integration of automation in oil & gas industry
5.2.3.4 Increasing capacities of oil- and gas-fired power plants
5.2.4 CHALLENGES
FIGURE 23 ASSET INTEGRITY MANAGEMENT MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Limited availability of skilled workforce
5.2.4.2 Harsh operating environment
5.3 VALUE CHAIN ANALYSIS
FIGURE 24 ASSET INTEGRITY MANAGEMENT MARKET: VALUE CHAIN ANALYSIS
5.4 MARKET ECOSYSTEM
FIGURE 25 ASSET INTEGRITY MANAGEMENT ECOSYSTEM
TABLE 3 COMPANIES AND THEIR ROLE IN ASSET INTEGRITY MANAGEMENT ECOSYSTEM
5.5 INVESTMENT AND FUNDING SCENARIO
5.5.1 NUMBER OF DEALS IN ASSET INTEGRITY MANAGEMENT MARKET
5.5.2 FUNDING SCENARIO IN ASSET INTEGRITY MANAGEMENT MARKET
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 26 ASSET INTEGRITY MANAGEMENT MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE TREND
FIGURE 27 AVERAGE SELLING PRICE OF INSPECTION AND TESTING SERVICES IN ASSET INTEGRITY MANAGEMENT PROVIDED BY TWO KEY PLAYERS (USD/HR)
TABLE 4 AVERAGE SELLING PRICE OF INSPECTION AND TESTING SERVICES IN ASSET INTEGRITY MANAGEMENT PROVIDED BY TWO KEY PLAYERS (USD/HR)
FIGURE 28 AVERAGE SELLING PRICE TREND, BY REGION (USD)
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Data Analytics and Machine Learning
5.8.1.2 Remote Monitoring and IoT
5.8.1.3 3D Laser Scanning and Phased Array Ultrasonic Testing (PAUT)
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Cloud Computing
5.8.2.2 Blockchain
5.8.2.3 Augmented Reality and Virtual Reality
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Environmental Monitoring
5.8.3.2 Energy Harvesting
5.9 PORTER'S FIVE FORCES ANALYSIS
TABLE 5 ASSET INTEGRITY MANAGEMENT MARKET: PORTER'S FIVE FORCES ANALYSIS
FIGURE 29 ASSET INTEGRITY MANAGEMENT MARKET: PORTER'S FIVE FORCES ANALYSIS
5.9.1 INTENSITY OF COMPETITIVE RIVALRY
5.9.2 BARGAINING POWER OF SUPPLIERS
5.9.3 BARGAINING POWER OF BUYERS
5.9.4 THREAT OF NEW ENTRANTS
5.9.5 THREAT OF SUBSTITUTES
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES
5.10.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES
TABLE 7 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES
5.11 CASE STUDY ANALYSIS
5.11.1 SGS SA CONDUCTS SUITABILITY FOR SERVICE ANALYSIS OF AFFECTED FACILITY IN ENGLAND
5.11.2 ASSET INTEGRITY ENGINEERING PROVIDES SOLUTION FOR OFFSHORE OIL & GAS FACILITY
5.11.3 DNV CONDUCTS CORROSION INSPECTION FOR REMAINING LIFE ASSESSMENT OF TRANSMISSION PIPELINES
5.11.4 DNV EXECUTES ASSESSMENT TO IDENTIFY MAINTENANCE BACKLOG ISSUES
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO
FIGURE 32 IMPORT DATA FOR HS CODE 9026-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.12.2 EXPORT SCENARIO
FIGURE 33 EXPORT DATA FOR HS CODE 9026-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.13 TARIFF AND REGULATORY LANDSCAPE
5.13.1 TARIFF ANALYSIS
TABLE 8 MFN TARIFF FOR HS CODE 9026-COMPLIANT PRODUCTS EXPORTED BY MEXICO
TABLE 9 MFN TARIFF FOR HS CODE 9026-COMPLIANT PRODUCTS EXPORTED BY BRAZIL
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 STANDARDS/REGULATIONS
TABLE 14 NORTH AMERICA: STANDARDS/REGULATIONS
TABLE 15 EUROPE: STANDARDS/REGULATIONS
TABLE 16 ASIA PACIFIC: STANDARDS/REGULATIONS
TABLE 17 ROW: STANDARDS/REGULATIONS
5.14 PATENT ANALYSIS
FIGURE 34 ASSET INTEGRITY MANAGEMENT MARKET: PATENTS APPLIED AND GRANTED, 2014–2023
TABLE 18 ASSET INTEGRITY MANAGEMENT MARKET: KEY PATENTS, 2020–2023
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 19 ASSET INTEGRITY MANAGEMENT MARKET: KEY CONFERENCES AND EVENTS, 2024–2025
6 OFFERINGS IN ASSET INTEGRITY MANAGEMENT MARKET
6.1 INTRODUCTION
FIGURE 35 OFFERINGS IN ASSET INTEGRITY MANAGEMENT MARKET
6.2 HARDWARE
6.3 SOFTWARE
6.4 SERVICES
7 USE CASES IN ASSET INTEGRITY MANAGEMENT MARKET
7.1 INTRODUCTION
7.2 VESSELS, PIPING, AND PRESSURE PLANTS
7.3 FIRE AND SAFETY SYSTEMS
7.4 ELECTRICAL SYSTEMS
7.5 ROTATING EQUIPMENT
7.6 RELIEF AND VENT SYSTEMS
7.7 INSTRUMENTATION AND CONTROL SYSTEMS
8 ASSET INTEGRITY MANAGEMENT MARKET METHODOLOGIES
8.1 INTRODUCTION
8.2 RELIABILITY-CENTERED MAINTENANCE
8.3 ROOT CAUSE ANALYSIS
8.4 RELIABILITY ANALYTICS
8.5 LIFE CYCLE ASSESSMENT/EXTENSION
8.6 FITNESS FOR SERVICE
8.7 FAILURE MODES, EFFECTS, AND CRITICALITY ANALYSIS
8.8 FINITE ELEMENT ANALYSIS
8.9 SAFETY INTEGRITY LEVEL STUDY
9 ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE
9.1 INTRODUCTION
FIGURE 36 NON-DESTRUCTIVE TESTING INSPECTION TO LEAD ASSET INTEGRITY MANAGEMENT MARKET DURING FORECAST PERIOD
TABLE 20 ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD BILLION)
TABLE 21 ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD BILLION)
9.2 RISK-BASED INSPECTION
9.2.1 HIGHER NEED FOR RISK ASSESSMENTS IN OIL & GAS INDUSTRY TO FUEL SEGMENT GROWTH
FIGURE 37 INTERNATIONAL STANDARDS AND RECOMMENDED PRACTICES FOR IMPLEMENTATION OF RBI
TABLE 22 RISK-BASED INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 23 RISK-BASED INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
TABLE 24 RISK-BASED INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 25 RISK-BASED INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.3 NON-DESTRUCTIVE TESTING INSPECTION
9.3.1 INCREASING ADOPTION OF ADVANCED TECHNOLOGIES TO BOOST MARKET GROWTH
FIGURE 38 METHODS OF NON-DESTRUCTIVE TESTING
TABLE 26 NON-DESTRUCTIVE TESTING INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 27 NON-DESTRUCTIVE TESTING INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
TABLE 28 NON-DESTRUCTIVE TESTING INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 29 NON-DESTRUCTIVE TESTING INSPECTION: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.4 CORROSION MANAGEMENT
9.4.1 NEED TO MAINTAIN AGING INFRASTRUCTURE AND MITIGATE LOSSES TO DRIVE MARKET
FIGURE 39 TYPES OF CORROSION
FIGURE 40 ELEMENTS OF CORROSION MANAGEMENT
TABLE 30 CORROSION MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 31 CORROSION MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
TABLE 32 CORROSION MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 33 CORROSION MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.5 PIPELINE INTEGRITY MANAGEMENT
9.5.1 RISING IMPORTANCE OF EFFECTIVE MANAGEMENT FOR FAILURE PREVENTION TO BOOST SEGMENT
TABLE 34 PIPELINE INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 35 PIPELINE INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
TABLE 36 PIPELINE INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 37 PIPELINE INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.6 HAZARD IDENTIFICATION STUDY
9.6.1 AWARENESS ABOUT CRITICALITY OF PROACTIVE HAZARD IDENTIFICATION AND RISK MANAGEMENT TO FUEL DEMAND
TABLE 38 HAZARD IDENTIFICATION STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 39 HAZARD IDENTIFICATION STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 40 HAZARD IDENTIFICATION STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 41 HAZARD IDENTIFICATION STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
9.7 STRUCTURAL INTEGRITY MANAGEMENT
9.7.1 SEGMENT GROWTH DRIVEN BY COMPLIANCE REQUIREMENTS
TABLE 42 STRUCTURAL INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 43 STRUCTURAL INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 44 STRUCTURAL INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 45 STRUCTURAL INTEGRITY MANAGEMENT: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.8 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY (RAM) STUDY
9.8.1 TECHNOLOGICAL ADVANCEMENTS BOOST SEGMENT GROWTH
FIGURE 41 PROCESS OF STRUCTURAL INTEGRITY MANAGEMENT
TABLE 46 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 47 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 48 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 49 RELIABILITY, AVAILABILITY, AND MAINTAINABILITY STUDY: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.9 OTHER SERVICE TYPES
TABLE 50 OTHER SERVICE TYPES: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 51 OTHER SERVICE TYPES: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 52 OTHER SERVICE TYPES: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 53 OTHER SERVICE TYPES: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
10 ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY
10.1 INTRODUCTION
FIGURE 42 POWER INDUSTRY TO REGISTER HIGHEST CAGR IN ASSET INTEGRITY MANAGEMENT MARKET DURING FORECAST PERIOD
TABLE 54 ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 55 ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
10.2 OIL & GAS
FIGURE 43 TYPES OF ASSETS IN OIL & GAS PLANTS
TABLE 56 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 57 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 58 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 59 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
10.2.1 OIL & GAS INDUSTRY, BY PLANT LOCATION
FIGURE 44 ASSET INTEGRITY MANAGEMENT MARKET, BY PLANT LOCATION
TABLE 60 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY PLANT LOCATION, 2020–2023 (USD BILLION)
TABLE 61 OIL & GAS: ASSET INTEGRITY MANAGEMENT MARKET, BY PLANT LOCATION, 2024–2029 (USD BILLION)
10.2.1.1 Onshore
10.2.1.1.1 Segment driven by large share of oil extraction across the globe
10.2.1.2 Offshore
10.2.1.2.1 Need to maintain operational continuity and asset protection to propel segment growth
10.2.1.3 Subsea
10.2.1.3.1 Rising adoption of digital twin technologies to boost market growth
10.2.2 OIL & GAS INDUSTRY, BY OPERATING SECTOR
10.2.2.1 Upstream
10.2.2.2 Midstream
10.2.2.3 Downstream
10.3 POWER
10.3.1 INCREASING NEED TO MITIGATE RISKS ASSOCIATED WITH EQUIPMENT FAILURES IN POWER PLANTS TO FUEL MARKET GROWTH
TABLE 62 POWER: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 63 POWER: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 64 POWER: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 65 POWER: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
10.3.2 RENEWABLE ENERGY POWER PLANTS
10.3.2.1 Geothermal Energy
10.3.2.2 Wind Energy
10.3.2.3 Hydropower Energy
10.3.2.4 Solar Energy
10.3.2.5 Biomass Energy
10.3.2.6 Tidal Energy
10.3.3 CONVENTIONAL ENERGY POWER PLANTS
10.3.3.1 Nuclear
10.3.3.2 Coal
10.3.3.3 Fuel Oil
10.3.3.4 Natural Gas
10.3.3.5 Waste-fired Thermal Power Plants
10.4 MINING
10.4.1 RISING ADOPTION OF PREVENTIVE MAINTENANCE IN MINING TO FUEL REVENUE GROWTH
TABLE 66 MINING: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 67 MINING: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 68 MINING: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 69 MINING: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
10.5 AEROSPACE
10.5.1 INCREASING COMPLIANCE AND SAFETY REQUIREMENTS TO COMPLEMENT SEGMENT GROWTH
TABLE 70 AEROSPACE: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 71 AEROSPACE: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 72 AEROSPACE: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 73 AEROSPACE: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
10.6 OTHERS
TABLE 74 OTHER INDUSTRIES: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 75 OTHER INDUSTRIES: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 76 OTHER INDUSTRIES: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 77 OTHER INDUSTRIES: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
11 ASSET INTEGRITY MANAGEMENT MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 45 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN ASSET INTEGRITY MANAGEMENT MARKET DURING FORECAST PERIOD
TABLE 78 ASSET INTEGRITY MANAGEMENT MARKET, 2020–2023 (USD BILLION)
TABLE 79 ASSET INTEGRITY MANAGEMENT MARKET, 2024–2029 (USD BILLION)
TABLE 80 ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 81 ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
11.2 NORTH AMERICA
FIGURE 46 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET SNAPSHOT
TABLE 82 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 83 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 84 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 85 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 86 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 87 NORTH AMERICA: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
11.2.1 US
11.2.1.1 Stringent industry regulations to boost market growth
11.2.2 CANADA
11.2.2.1 Surging demand for AIM services from oil & gas industry to drive market in Canada
11.2.3 MEXICO
11.2.3.1 Potential investments in oil & gas sector to foster market growth
11.2.4 NORTH AMERICA: RECESSION IMPACT
11.3 EUROPE
FIGURE 47 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET SNAPSHOT
TABLE 88 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 89 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 90 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 91 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 92 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 93 EUROPE: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
11.3.1 UK
11.3.1.1 Increasing focus on development of renewable energy sources to drive market growth
11.3.2 GERMANY
11.3.2.1 Rising need to manage existing infrastructure and plant assets to fuel growth
11.3.3 FRANCE
11.3.3.1 Robust infrastructural growth in renewable energy to fuel growth
11.3.4 NORWAY
11.3.4.1 Need for asset integrity from established oil & gas industry and growing process industries to fuel market expansion
11.3.5 REST OF EUROPE
11.3.6 EUROPE: RECESSION IMPACT
11.4 ASIA PACIFIC
FIGURE 48 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET SNAPSHOT
TABLE 94 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 95 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 96 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 97 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 98 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD BILLION)
TABLE 99 ASIA PACIFIC: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD BILLION)
11.4.1 CHINA
11.4.1.1 Large mining industry and growing power generation projects to boost market
11.4.2 JAPAN
11.4.2.1 Essentiality of oil & gas to mitigate energy demand complements market growth
11.4.3 INDIA
11.4.3.1 Higher energy demand and introduction of new oil extraction projects boost market growth
11.4.4 REST OF ASIA PACIFIC
11.4.5 ASIA PACIFIC: RECESSION IMPACT
11.5 ROW
TABLE 100 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 101 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD BILLION)
TABLE 102 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
TABLE 103 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
TABLE 104 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 105 ROW: ASSET INTEGRITY MANAGEMENT MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.5.1 MIDDLE EAST
TABLE 106 MIDDLE EAST: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 107 MIDDLE EAST: ASSET INTEGRITY MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
11.5.1.1 GCC Countries
TABLE 108 GCC: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 109 GCC: ASSET INTEGRITY MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.5.1.1.1 Bahrain
11.5.1.1.1.1 Significant investments in oil & gas sector to propel market growth
11.5.1.1.2 Kuwait
11.5.1.1.2.1 Rising focus on increasing oil extraction capacity to foster market growth in Kuwait
11.5.1.1.3 Oman
11.5.1.1.3.1 Focus on bringing diversification in energy sector to proliferate market growth
11.5.1.1.4 Qatar
11.5.1.1.4.1 Infrastructural expansion in oil & gas sector to boost market growth
11.5.1.1.5 Saudi Arabia
11.5.1.1.5.1 Large oil reserves provide potential opportunities for market growth
11.5.1.1.6 UAE
11.5.1.1.6.1 Stringent standards in oil & gas industry to complement revenue growth
11.5.1.2 Rest of Middle East
11.5.2 AFRICA
11.5.2.1 Significant growth in mining industry to fuel adoption
11.5.3 SOUTH AMERICA
11.5.3.1 Need for efficient operation of oil & gas infrastructure to drive market growth
11.5.4 ROW: RECESSION IMPACT
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
TABLE 110 ASSET INTEGRITY MANAGEMENT MARKET: STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
12.3 MARKET SHARE ANALYSIS, 2023
FIGURE 49 ASSET INTEGRITY MANAGEMENT MARKET SHARE ANALYSIS, 2023
TABLE 111 ASSET INTEGRITY MANAGEMENT MARKET: DEGREE OF COMPETITION, 2023
12.4 COMPANY REVENUE ANALYSIS, 2018–2022
FIGURE 50 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022
12.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 51 COMPANY VALUATION, 2022 (USD MILLION)
FIGURE 52 FINANCIAL METRICS (EV/EBITDA), 2022
12.6 PRODUCT/BRAND COMPARISON
FIGURE 53 PRODUCT/BRAND COMPARISON
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 54 ASSET INTEGRITY MANAGEMENT MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.7.5.1 Company footprint
FIGURE 55 ASSET INTEGRITY MANAGEMENT MARKET: COMPANY FOOTPRINT
12.7.5.2 Region footprint
TABLE 112 ASSET INTEGRITY MANAGEMENT MARKET: REGION FOOTPRINT
12.7.5.3 Service type footprint
TABLE 113 ASSET INTEGRITY MANAGEMENT MARKET: SERVICE TYPE FOOTPRINT
12.7.5.4 Industry footprint
TABLE 114 ASSET INTEGRITY MANAGEMENT MARKET: INDUSTRY FOOTPRINT
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 56 ASSET INTEGRITY MANAGEMENT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
12.8.5 COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2023
12.8.5.1 Key startups/SMEs
TABLE 115 ASSET INTEGRITY MANAGEMENT MARKET: KEY STARTUPS/SMES
12.8.5.2 Competitive benchmarking of startups/SMEs
TABLE 116 ASSET INTEGRITY MANAGEMENT MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 117 ASSET INTEGRITY MANAGEMENT MARKET: PRODUCT LAUNCHES, MARCH 2020–FEBRUARY 2024
12.9.2 DEALS
TABLE 118 ASSET INTEGRITY MANAGEMENT MARKET: DEALS, MARCH 2020–FEBRUARY 2024
12.9.3 EXPANSIONS
TABLE 119 ASSET INTEGRITY MANAGEMENT MARKET: EXPANSIONS, MARCH 2020–FEBRUARY 2024
12.9.4 OTHERS
TABLE 120 ASSET INTEGRITY MANAGEMENT MARKET: OTHERS, MARCH 2020–FEBRUARY 2024
13 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
13.1 KEY PLAYERS
13.1.1 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA
TABLE 121 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA: COMPANY OVERVIEW
FIGURE 57 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA: COMPANY SNAPSHOT
TABLE 122 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 123 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA: DEALS
13.1.2 BUREAU VERITAS
TABLE 124 BUREAU VERITAS: COMPANY OVERVIEW
FIGURE 58 BUREAU VERITAS: COMPANY SNAPSHOT
TABLE 125 BUREAU VERITAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 126 BUREAU VERITAS: EXPANSIONS
TABLE 127 BUREAU VERITAS: OTHERS
13.1.3 TECHNIPFMC PLC
TABLE 128 TECHNIPFMC PLC: COMPANY OVERVIEW
FIGURE 59 TECHNIPFMC PLC: COMPANY SNAPSHOT
TABLE 129 TECHNIPFMC PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 130 TECHNIPFMC PLC: PRODUCT LAUNCHES
13.1.4 JOHN WOOD GROUP PLC
TABLE 131 JOHN WOOD GROUP PLC: COMPANY OVERVIEW
FIGURE 60 JOHN WOOD GROUP PLC: COMPANY SNAPSHOT
TABLE 132 JOHN WOOD GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 133 JOHN WOOD GROUP PLC: DEALS
TABLE 134 JOHN WOOD GROUP PLC: OTHERS
13.1.5 FLUOR CORPORATION
TABLE 135 FLUOR CORPORATION: COMPANY OVERVIEW
FIGURE 61 FLUOR CORPORATION: COMPANY SNAPSHOT
TABLE 136 FLUOR CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 137 FLUOR CORPORATION: EXPANSIONS
TABLE 138 FLUOR CORPORATION: OTHERS
13.1.6 BAKER HUGHES COMPANY
TABLE 139 BAKER HUGHES COMPANY: COMPANY OVERVIEW
FIGURE 62 BAKER HUGHES COMPANY: COMPANY SNAPSHOT
TABLE 140 BAKER HUGHES COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 141 BAKER HUGHES COMPANY: DEALS
13.1.7 INTERTEK GROUP PLC
TABLE 142 INTERTEK GROUP PLC: COMPANY OVERVIEW
FIGURE 63 INTERTEK GROUP PLC: COMPANY SNAPSHOT
TABLE 143 INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 144 INTERTEK GROUP PLC: PRODUCT LAUNCHES
TABLE 145 INTERTEK GROUP PLC: DEALS
TABLE 146 INTERTEK GROUP PLC: EXPANSIONS
TABLE 147 INTERTEK GROUP PLC: OTHERS
13.1.8 AKER SOLUTIONS
TABLE 148 AKER SOLUTIONS: COMPANY OVERVIEW
FIGURE 64 AKER SOLUTIONS: COMPANY SNAPSHOT
TABLE 149 AKER SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 150 AKER SOLUTIONS: OTHERS
13.1.9 APPLUS+
TABLE 151 APPLUS+: COMPANY OVERVIEW
FIGURE 65 APPLUS+: COMPANY SNAPSHOT
TABLE 152 APPLUS+: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 153 APPLUS+: DEALS
TABLE 154 APPLUS+: EXPANSIONS
TABLE 155 APPLUS+: OTHERS
13.1.10 DNV AS
TABLE 156 DNV AS: COMPANY OVERVIEW
FIGURE 66 DNV AS: COMPANY SNAPSHOT
TABLE 157 DNV AS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 158 DNV AS: DEALS
TABLE 159 DNV AS: EXPANSIONS
13.1.11 OCEANEERING INTERNATIONAL, INC.
TABLE 160 OCEANEERING INTERNATIONAL, INC.: COMPANY OVERVIEW
FIGURE 67 OCEANEERING INTERNATIONAL, INC.: COMPANY SNAPSHOT
TABLE 161 OCEANEERING INTERNATIONAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 162 OCEANEERING INTERNATIONAL, INC.: DEALS
TABLE 163 OCEANEERING INTERNATIONAL, INC.: OTHERS
13.2 OTHER PLAYERS
13.2.1 TЬV SЬD
13.2.2 ROSEN SWISS AG
13.2.3 LIFETECH ENGINEERING LTD
13.2.4 EM&I
13.2.5 METEGRITY INC.
13.2.6 FORCE TECHNOLOGY
13.2.7 TWI LTD.
13.2.8 OES
13.2.9 BELL ENERGY
13.2.10 ABS GROUP OF COMPANIES, INC.
13.2.11 VELOSI ASSET INTEGRITY LTD
13.2.12 AXESS GROUP
13.2.13 ELEMENT MATERIALS TECHNOLOGY
13.2.14 RINA
13.2.15 ASSET INTEGRITY ENGINEERING
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
