DUBLIN--(BUSINESS WIRE)--The "Asset Integrity Management - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Asset Integrity Management market worldwide is projected to grow by US$15.4 Billion, driven by a compounded growth of 8.4%.
Oil & Gas, one of the segments analyzed and sized in this study, displays the potential to grow at over 8.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$13.6 Billion by the year 2025, Oil & Gas will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 9.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$693.3 Million to the region's size and clout in the next 5 to 6 years. Over US$716.7 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Oil & Gas will reach a market size of US$1.2 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8% over the next couple of years and add approximately US$2.6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Aker Solutions ASA
- Applus+ Servicios Tecnologicos, S.L
- Bureau Veritas SA
- DNV GL Group
- EM&I UK
- Fluor Corporation
- Intertek Group PLC
- John Wood Group PLC
- Lifetech Engineering Ltd.
- Metegrity Inc.
- Oceaneering International, Inc.
- ROSEN Swiss AG
- SGS SA
- TechnipFMC PLC
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Asset Integrity Management Market: A Prelude
- Global Asset Integrity Management Systems (AIMS) Market: Percentage Breakdown of Revenues by Product for 2019 and 2025
- Asset Integrity Management Services Market in Asia-Pacific: Percentage Breakdown of Revenues by End-Use Industry for 2019
- Global Competitor Market Shares
- Asset Integrity Management Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Asset Integrity Management Systems (AIMS) Market Worldwide: Percentage Breakdown of Sales by Leading Players for 2019E
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- AIM: An Integral Part of an Asset's Lifecycle
- Inspection: A Vital Element of Asset Integrity Management
- Aging Infrastructure and the Need to Enhance Operational Safety Drives Growth in the AIM Market
- Digital Twin Offers Support for FPS Asset Integrity Management
- Oil & Gas AIM Market Worldwide: Increasing E&P of Conventional and Unconventional Oil & Gas Resources Fuels Growth
- Favorable Long-term Demand Outlook for Oil and Need to Raise Production Drives Exploration & Production Activity
- Crude Oil Demand Worldwide in Million Barrels Per Day for the Years 2006 through 2019
- Growing Investments in Oil & Gas Exploration: Capital Expenditure in US$ Million for the Years 2019, 2021, 2023, 2025
- Global Drilling Activity: Number of Onshore and Offshore Wells Drilled for the Period 2012-2018
- Growing Focus on Hydraulic Fracturing Amidst Rising Energy Demand: An Opportunity for AIM Market
- Hydraulic Fracturing Market Worldwide: Revenues in US$ Million for the Years 2016, 2018, 2020 and 2022
- Growth in Deepwater Explorations Enhances Significance of Asset Integrity
- Increasing Attractiveness of Deepwater Drilling: Number of Exploration Wells Drilled (< 400 Feet and >400 Feet) in the Gulf of Mexico for the Years 1947, 1957, 1967, 1977, 1987, 1997, 2007 and 2017
- AIM Systems Help Oil & Gas Companies to Enhance Work Efficiency and Productivity
- Concerns over Equipment Reliability, Integrity and Operational Safety Necessitates AIM
- Asset Integrity Management in Offshore Oil & Gas Industry: Integrated Approach Offers Advantages
- An Insight into Structural Integrity Management in Oil and Gas Sector
- UAVs/Drones Emerge as the Latest Technology to Impact Oil and Gas Inspection Market
- Oil & Gas Pipeline Integrity Management Market: An Overview
- US Natural Gas Market: Capacity of Natural Gas Inflows in MMcfd by Select US States for 2018
- Corrosion Management: Vital for Pipeline Integrity in Oil & Gas Sector
- Power Sector: AIM Ensures Plant Integrity Management, Safety and Reliability
- Technology Innovations Support Asset Integrity Management in Thermal and Geothermal Power Plants
- Mining Sector: AIM Aids in Improving Operational Efficiency
- Issues with AIM in Mining Sector
- Inspection of Slurry Pipelines: Critical to Maintain Integrity
- Digitization Set to Transform Asset Integrity Management Market
- Technology Trends in the AIM Market
- Significant Role of IIoT in Enhancing Profitability and Integrity Management of Assets
- ROVs: Ideal Substitutes for Diver-based Inspections of Underwater Structures
- PRODUCT OVERVIEW
- Asset Integrity Management
- Applications of Asset Integrity Management
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Asset Integrity Management Market Share (in %) by Company: 2019 & 2025
- Market Analytics
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Asset Integrity Management Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Oil & Gas Assets Integrity Management Services Market in Europe: An Overview
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
- Asset Integrity Management in the UK: Historical Perspective
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
- Middle East & Africa Oil & Gas Assets Integrity Management Services Market: An Overview
- UAVs Promise Better Integrity Management of Oil & Gas Assets
- Egypt: Growth in Offshore and Deepwater Explorations Raises Need for Equipment Integrity Management
- Market Analytics
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/pl4u9
