Lucintel Forecasts Asset Integrity Management Market to Grow at a CAGR of 4% to 6% from 2021 to 2026

According to the recent study the asset integrity management market is projected to grow at a CAGR of 4% to 6% from 2021 to 2026. Growth in this market is primarily driven by stringent government safety and quality control regulations, declining efficiency of aging assets, and increasing need for operational safety.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in asset integrity management market by service type (non-destructive testing (NDT),risk-based inspection (RBI), corrosion management, pipeline integrity management, hazard identification (HAZID) study, structural integrity management, reliability, availability, & maintainability (RAM) study and others), end use industry (oil & gas, power, mining, aerospace, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Non-destructive testing market is expected to remain the largest segment during the forecast period.”

Based on service type, the asset integrity management market is segmented into non-destructive testing (NDT),risk-based inspection (RBI), corrosion management, pipeline integrity management, hazard identification (HAZID) study, structural integrity management, reliability, availability, & maintainability (RAM) study and others. Lucintel forecasts that the non-destructive testing market is expected to remain the largest segment due to high demand in end use industries for reliability, safety, and cost efficiency.

“North America will dominate the asset integrity management market in near future.”

North America will remain the largest region during the forecast period due to large scale presence of exploration plants and heavy & complex equipment uses.

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Major players of asset integrity management market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. SGS, Fluor, Intertek, DNV GL, Bureau Veritas, John Wood Group, ROSEN Swiss, Aker Solutions ASA, Oceaneering International and TechnipFMC are among the major asset integrity management providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/asset-integrity-management-market.aspx  or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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