Global Asset Integrity Management Market Value and Growth Projections for 2023 - 2028

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The Global Asset Integrity Management market is projected to grow at a CAGR of around 5.67% during the forecast period, i.e., 2023-2028.                                   

Global Asset Integrity Management Market Dynamics:

Key Driver: Surging Demand for Clean Energy to Drive the Asset Integrity Management Market

Growing demand for clean energy in a variety of industry verticals, such as steel manufacturing & ammonia production, has resulted in a significant rise in clean energy production in recent years. This could be attributed to industries' growing preference for clean energy, such as nuclear & hydrogen energy, to meet energy demand rather than petroleum-based products.

Additionally, the global commitment to zero coalition goals by 2050 is pushing governments across the world to pressure industries within their nations to adopt sustainable & clean energy. Hence, countries across the globe are increasing clean energy production capacity through nuclear, solar, and hydrogen power plants. As a result, the construction & addition of new clean energy power plants, such as nuclear & hydrogen, boosted the demand for asset integrity management services in the historical years. For instance:

·       In 2022, According to the Indian Government, the government planned to add nearly 15,000MW to the nation's current power-generating capacity by commissioning 20 new nuclear power plants by 2031.

Therefore, the growing number of nuclear & hydrogen power plants also affects the demand for asset integrity management services due to the nature of inherent risks involved in such facilities in the coming years. Therefore, the surging count of nuclear & hydrogen power production plants is anticipated to drive the market growth for asset integrity management services. 

 

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

 

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Browse Full Report including (TOC+ List of Table and Figures): https://www.marknteladvisors.com/research-library/asset-integrity-management-market.html

Global Asset Integrity Management Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

  • By Services
    • Risk-Based Inspection
    • Pipeline Integrity Management
    • Non-Destructive Testing
    • Corrosion Management
    • Structural Integrity Management
    • Reliability, Availability, And Maintainability Study
    • Others (Fitness for Service, Material Property Verification, etc.)
  • By Location
    • Onshore
    • Offshore
  • By End User Industries
    • Oil & Gas
    • Power
    • Mining
    • Chemical
    • Others (Marine, Construction, Transportation, etc.)
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Aker Solutions ASA, Applus+ Group, Bureau Veritas S.A., DNV GL, EM&I Group, Fluor, Intertek Group PLC, John Wood Group, LifeTech Engineering Ltd., Metegrity, Inc., Oceaneering International, ROSEN Swiss AG, SGS S.A., TechnipFMC plc, TÜV SÜD, Others (Mistras Group Inc., Asset Integrity Engineering, etc)

Have questions? Our consultant is ready to assist: https://www.marknteladvisors.com/query/request-customization/asset-integrity-management-market.html

We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.

From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Contact Us

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Email: sales@marknteladvisors.com

Website: www.marknteladvisors.com

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