Global Asset Integrity Management Market Report 2024

Asset Integrity Management Global Market Report 2024 – By Service Type (Non-Destructive Testing (NDT), Risk-Based Inspection (RBI), Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management, Other Services Types), By End Use Industry (Oil And Gas, Power, Mining, Aerospace, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Asset Integrity Management Global Market Report 2024

Starting Price : $4000.00 | Pages : 200 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

Need assistance or more information before the purchase?

Enquire Before Buying
Asset Integrity Management Global Market Report 2024

Proud Members Of

checkslacipN checkaoirsN checkscipN

Asset Integrity Management Market Definition

Asset integrity management (AIM) is a method that enables the asset's ability and potential to be effectively managed to mitigate and eliminate corrosion and fatigue crack degradation. It ensures that a facility's assets are designed, fabricated, procured, installed, and maintained appropriately for their intended application throughout the operation's life.

The main types of services in the asset integrity management market are non-destructive testing (NDT), risk-based inspection (RBI), corrosion management, pipeline integrity management, hazard identification (HAZID), structural integrity management and others. Nondestructive Testing (NDT) is a term that refers to a group of non-invasive inspection techniques that are used to inspect material properties, parts, and whole process units. NDT checks are used in the lifecycle of a plant in the petrochemical industry. Asset integrity management relies heavily on this approach. The asset integrity management market is used in various industries such as oil and gas, power, mining, aerospace and others.

Asset Integrity Management Market Segmentation

The asset integrity management market covered in this report is segmented –

1) By Service Type: Non-Destructive Testing (NDT), Risk-Based Inspection (RBI), Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management, Other Services Types

2) By End Use Industry: Oil And Gas, Power, Mining, Aerospace, Other End Users

Global Asset Integrity Management Market Size 2023 to 2028: Graph

Asset Integrity Management Market Size 2024 And Growth Rate

The asset integrity management market size has grown strongly in recent years. It will grow from $27.32 billion in 2023 to $29.83 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to complex industrial processes, safety and environmental concerns, focus on risk management, globalization of operations, shift from reactive to proactive maintenance.

Asset Integrity Management Market Growth Forecast

The asset integrity management market size is expected to see strong growth in the next few years. It will grow to $42.01 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to human factors and behavioral safety, circular economy practices, energy efficiency and sustainability, predictive analytics for equipment health, supply chain resilience.. Major trends in the forecast period include adoption of digital twins, advanced data analytics for predictive maintenance, remote monitoring and inspection technologies, digitalization of asset documentation and records, cybersecurity measures for asset protection, collaboration for interoperability..

Asset Integrity Management Market Driver: Growing Demand For Maintaining The Assets Drive Sthe Asset Integrity Management Market Growth

The growing demand for maintaining the assets is expected to fuel the growth of the asset integrity management market in the coming years. The majority of businesses are introducing asset integrity management (AIM) services because it prevents significant harm to people and the community, and improves business efficiency. For example, MISTRAS Group, a US-based provider of advanced technology-enabled asset security solutions, reported revenue of $0.67billion in 2021, and for 2022, it was $0.68 billion, which is an increase of 1.51%. Therefore, the increasing demand for asset integrity management drives the asset integrity management market growth.

Asset Integrity Management Market Driver: Increasing Climatic Change Drive The Asset Integrity Management Market

The increasing climatic change is expected to boost the growth of the asset integrity management market going forward. Climatic change refers to a long-term alteration in the average weather patterns of a region or the Earth as a whole. Frequent and severe extreme weather events, including hurricanes, floods, and wildfires, resulting from climatic changes, can cause significant damage to vital infrastructure, requiring prompt assessment and repair through asset integrity management. For instance, in October 2023, according to a report published by the World Health Organization (WHO), a Switzerland-based intergovernmental organization, about 3.6 billion individuals reside in regions highly vulnerable to the impacts of climate change by 2023. It is projected that from 2030 to 2050, climate change will lead to an estimated annual increase of approximately 250,000 deaths due to factors such as undernutrition, malaria, diarrhea, and heat stress. Therefore, the increasing climatic change is driving the growth of the asset integrity management market.

Global Asset Integrity Management Market Major Players

Major companies operating in the asset integrity management market report are SGS Société Générale de Surveillance SA, The Welding Institute Limited, EM&I Group, LifeTech Engineering Limited, Aker Solutions ASA, Applus+ Services S. L., DNV GL AS, Wood Group (John) PLC, Oceaneering International Inc., Intertek Group plc, Metegrity Inc., FORCE Technology Norway AS, Bureau Veritas SA, TechnipFMC plc, Fluor Corporation, Dacon Inspection Technologies, General Electric Company, ABB Ltd., Siemens AG, TÜV SÜD Group, American Bureau of Shipping (ABS), Velosi Asset Integrity Limited, Axess Group AS, Element Materials Technology, MISTRAS Group Inc., Genesis Oil and Gas Consultants Ltd., Penspen Ltd., Asset Guardian Solutions Ltd., Lloyd's Register, GE Oil & Gas

Global Asset Integrity Management Market Trend: Strategic Partnerships Driving Innovation In The Asset Integrity Management Market

Major companies operating in the asset integrity management market are adopting a strategic partnerships approach to provide verification and certification of assets to individuals, businesses, and governments. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in October 2023, Antea, a US-based asset integrity management (AIM) software provider, partnered with Team Industrial, a US-based provider of integrated digitally enabled asset integrity solutions. The combined capabilities of the two businesses offers operators in asset-intensive industries including mining, oil and gas, aerospace, petrochemical, power, nuclear, and pharmaceutical a one-stop-shop AIM solution.

Global Asset Integrity Management Market Trend: Innovative Digital Twin Technology Transforming The Asset Integrity Management Market

Major companies operating in the asset integrity management market are using digital twin technology to meet larger customer bases, more sales, and increase revenue. Digital Twin technology is the creation of a virtual, real-time replica of a physical object, system, or process, allowing for simulation, monitoring, and analysis for improved understanding and decision-making. For instance, in January 2023, Saipem, an Italy-based oilfield services company, and MCS, a Texas-based company that provides turnkey services in offshore inspection and asset integrity, launched a new asset integrity management system for offshore energy operators called the PALM Suite or Platform for Asset Lean Management. The solution combines MCS's data science and software capabilities with Saipem's subsea robots portfolio and enhanced asset integrity skills. The PALM Suite is equipped with sophisticated functionalities and leverages Digital Twin technology to generate three-dimensional reconstructions for subsea dimensional control data collection. This process enhances asset performance, expedites maintenance, and promotes a more sustainable and efficient industry.

Asset Integrity Management Market Merger And Acquisition: Baker Hughes Company Acquired Quest Integrity

In August 2022, Baker Hughes Company, a US-based multinational industrial service company acquired Quest Integrity for an undisclosed amount. Through this acquisition, Baker Hughes Company aims to expand its portfolio in asset inspection solutions for the energy and industrial sectors. Quest Integrity is a US-based asset integrity and reliability management solutions, provider.

Regional Outlook For The Global Asset Integrity Management Market

North America was the largest region in the asset integrity management market in 2023. The regions covered in the asset integrity management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the asset integrity management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The asset integrity management (AIM) market includes revenues earned by entities by providing solutions and services such as risk-based inspection, forensic engineering & failure analysis services, laser scanning, technical inspection, asset optimization, surveying and mapping for monitoring and maintaining an asset's capacity to carry out its intended purpose effectively and efficiently, such as a power plant, an oil rig, and refinery. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The asset integrity management market research report is one of a series of new reports from The Business Research Company that provides asset integrity management market statistics, including asset integrity management industry global market size, regional shares, competitors with a asset integrity management market share, detailed asset integrity management market segments, market trends and opportunities, and any further data you may need to thrive in the asset integrity management industry. This asset integrity management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Asset Integrity Management Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $29.83 billion
Revenue Forecast In 2033 $42.01 billion
Growth Rate CAGR of 8.9% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Service Type: Non-Destructive Testing (NDT), Risk-Based Inspection (RBI), Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management, Other Services Types
2) By End Use Industry: Oil And Gas, Power, Mining, Aerospace, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled SGS Société Générale de Surveillance SA; The Welding Institute Limited; EM&I Group; LifeTech Engineering Limited; Aker Solutions ASA; Applus+ Services S. L.; DNV GL AS; Wood Group (John) PLC; Oceaneering International Inc.; Intertek Group plc; Metegrity Inc.; FORCE Technology Norway AS; Bureau Veritas SA; TechnipFMC plc; Fluor Corporation; Dacon Inspection Technologies; General Electric Company; ABB Ltd.; Siemens AG; TÜV SÜD Group; American Bureau of Shipping (ABS); Velosi Asset Integrity Limited; Axess Group AS; Element Materials Technology; MISTRAS Group Inc.; Genesis Oil and Gas Consultants Ltd.; Penspen Ltd.; Asset Guardian Solutions Ltd.; Lloyd's Register; GE Oil & Gas
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Asset Integrity Management Market Characteristics

    3. Asset Integrity Management Market Trends And Strategies

    4. Asset Integrity Management Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Asset Integrity Management Market Size and Growth

    5.1. Global Asset Integrity Management Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Asset Integrity Management Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Asset Integrity Management Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Asset Integrity Management Market Segmentation

    6.1. Global Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Non-Destructive Testing (NDT)

    Risk-Based Inspection (RBI)

    Corrosion Management

    Pipeline Integrity Management

    Hazard Identification (HAZID) Study

    Structural Integrity Management

    Other Services Types

    6.2. Global Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Oil And Gas

    Power

    Mining

    Aerospace

    Other End Users

    7. Asset Integrity Management Market Regional And Country Analysis

    7.1. Global Asset Integrity Management Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Asset Integrity Management Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Asset Integrity Management Market

    8.1. Asia-Pacific Asset Integrity Management Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Asset Integrity Management Market

    9.1. China Asset Integrity Management Market Overview

    9.2. China Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Asset Integrity Management Market

    10.1. India Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Asset Integrity Management Market

    11.1. Japan Asset Integrity Management Market Overview

    11.2. Japan Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Asset Integrity Management Market

    12.1. Australia Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Asset Integrity Management Market

    13.1. Indonesia Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Asset Integrity Management Market

    14.1. South Korea Asset Integrity Management Market Overview

    14.2. South Korea Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Asset Integrity Management Market

    15.1. Western Europe Asset Integrity Management Market Overview

    15.2. Western Europe Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Asset Integrity Management Market

    16.1. UK Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Asset Integrity Management Market

    17.1. Germany Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Asset Integrity Management Market

    18.4. France Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.5. France Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Asset Integrity Management Market

    19.7. Italy Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.8. Italy Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Asset Integrity Management Market

    20.10. Spain Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.11. Spain Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Asset Integrity Management Market

    21.1. Eastern Europe Asset Integrity Management Market Overview

    21.2. Eastern Europe Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Asset Integrity Management Market

    22.1. Russia Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Asset Integrity Management Market

    23.1. North America Asset Integrity Management Market Overview

    23.2. North America Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Asset Integrity Management Market

    24.1. USA Asset Integrity Management Market Overview

    24.2. USA Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Asset Integrity Management Market

    25.1. Canada Asset Integrity Management Market Overview

    25.2. Canada Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Asset Integrity Management Market

    26.1. South America Asset Integrity Management Market Overview

    26.2. South America Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Asset Integrity Management Market

    27.1. Brazil Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Asset Integrity Management Market

    28.1. Middle East Asset Integrity Management Market Overview

    28.2. Middle East Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Asset Integrity Management Market

    29.1. Africa Asset Integrity Management Market Overview

    29.2. Africa Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Asset Integrity Management Market Competitive Landscape And Company Profiles

    30.1. Asset Integrity Management Market Competitive Landscape

    30.2. Asset Integrity Management Market Company Profiles

    30.2.1. SGS Société Générale de Surveillance SA

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. The Welding Institute Limited

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. EM&I Group

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Aker Solutions ASA

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Applus+ Services S.L.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Asset Integrity Management Market Competitive Benchmarking

    32. Global Asset Integrity Management Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Asset Integrity Management Market

    34. Asset Integrity Management Market Future Outlook and Potential Analysis

    34.1 Asset Integrity Management Market In 2028 - Countries Offering Most New Opportunities

    34.2 Asset Integrity Management Market In 2028 - Segments Offering Most New Opportunities

    34.3 Asset Integrity Management Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Asset Integrity Management Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Asset Integrity Management Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: SGS Société Générale de Surveillance SA Financial Performance
  • Table 52: The Welding Institute Limited Financial Performance
  • Table 53: EM&I Group Financial Performance
  • Table 54: Aker Solutions ASA Financial Performance
  • Table 55: Applus+ Services S.L. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Asset Integrity Management Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Asset Integrity Management Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Asset Integrity Management Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Asset Integrity Management Market, Segmentation By End Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: SGS Société Générale de Surveillance SA Financial Performance
  • Figure 52: The Welding Institute Limited Financial Performance
  • Figure 53: EM&I Group Financial Performance
  • Figure 54: Aker Solutions ASA Financial Performance
  • Figure 55: Applus+ Services S.L. Financial Performance
View Report
View Report
View Report
View Report
View Report
View Report
View Report
View Report

Frequently Asked Questions

What is the definition of the asset integrity management market?

Asset integrity management (AIM) is a method that enables the asset's ability and potential to be effectively managed to mitigate and eliminate corrosion and fatigue crack degradation. It ensures that a facility's assets are designed, fabricated, procured, installed, and maintained appropriately for their intended application throughout the operation's life. For further insights on the augmented analytics market, request a sample here

How will the asset integrity management market drivers and restraints affect the asset integrity management market dynamics? What forces will shape the asset integrity management industry going forward?

The asset integrity management market major growth driver - growing demand for maintaining the assets drive sthe asset integrity management market growth. For further insights on the augmented analytics market, request a sample here

What is the forecast market size or the forecast market value of the asset integrity management market ?

The asset integrity management market size has grown strongly in recent years. It will grow from $27.32 billion in 2023 to $29.83 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to complex industrial processes, safety and environmental concerns, focus on risk management, globalization of operations, shift from reactive to proactive maintenance. The asset integrity management market size is expected to see strong growth in the next few years. It will grow to $42.01 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to human factors and behavioral safety, circular economy practices, energy efficiency and sustainability, predictive analytics for equipment health, supply chain resilience.. Major trends in the forecast period include adoption of digital twins, advanced data analytics for predictive maintenance, remote monitoring and inspection technologies, digitalization of asset documentation and records, cybersecurity measures for asset protection, collaboration for interoperability.. For further insights on the augmented analytics market, request a sample here

How is the asset integrity management market segmented?

The asset integrity management market is segmentedThe asset integrity management market covered in this report is segmented –
1) By Service Type: Non-Destructive Testing (NDT), Risk-Based Inspection (RBI), Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management, Other Services Types
2) By End Use Industry: Oil And Gas, Power, Mining, Aerospace, Other End UsersFor further insights on the augmented analytics market,
request a sample here

Which region has the largest share of the asset integrity management market? What are the other regions covered in the report?

North America was the largest region in the asset integrity management market in 2023. The regions covered in the asset integrity management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the augmented analytics market, request a sample here.

Who are the major players in the asset integrity management market?

Major companies operating in the asset integrity management market report are SGS Société Générale de Surveillance SA, The Welding Institute Limited, EM&I Group, LifeTech Engineering Limited, Aker Solutions ASA, Applus+ Services S. L., DNV GL AS, Wood Group (John) PLC, Oceaneering International Inc., Intertek Group plc, Metegrity Inc., FORCE Technology Norway AS, Bureau Veritas SA, TechnipFMC plc, Fluor Corporation, Dacon Inspection Technologies, General Electric Company, ABB Ltd., Siemens AG, TÜV SÜD Group, American Bureau of Shipping (ABS), Velosi Asset Integrity Limited, Axess Group AS, Element Materials Technology, MISTRAS Group Inc., Genesis Oil and Gas Consultants Ltd., Penspen Ltd., Asset Guardian Solutions Ltd., Lloyd's Register, GE Oil & Gas For further insights on the augmented analytics market, request a sample here.

What are the key trends in the asset integrity management market?

Major trend in the asset integrity management market - strategic partnerships driving innovation in the asset integrity management market. For further insights on the augmented analytics market, request a sample here.

What are the major opportunities in the asset integrity management market? What are the strategies for the asset integrity management market?

For detailed insights on the major opportunities and strategies in the asset integrity management market, request a sample here.

How does the asset integrity management market relate to the overall economy and other similar markets?

For detailed insights on asset integrity management market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the asset integrity management industry?

For detailed insights on the mergers and acquisitions in the asset integrity management industry, request a sample here.

What are the key dynamics influencing the asset integrity management market growth? SWOT analysis of the asset integrity management market.

For detailed insights on the key dynamics influencing the asset integrity management market growth and SWOT analysis of the asset integrity management industry, request a sample here.