Asset Integrity Management Market Analysis and Forecast to 2032: By Service Type (Corrosion Management, Pipeline Integrity Management, Hazard Identification Study, Structural Integrity Management, and Others), End-User Industry (Oil and Gas, Power, Mining, Aerospace, and Others), and Region

Asset Integrity Management (AIM) is a process used to ensure that critical assets are maintained in a safe and reliable condition. It includes activities such as asset inspection, repair, and replacement, as well as operational and maintenance procedures.

The Asset Integrity Management Market size was USD 21.3 Billion in 2022 and is anticipated to reach USD 32.4 Billion in 2032, growing at a rate of 4.2% from 2023 to 2032.

Key Trends

The key trends in Asset Integrity Management technology are:

  • Improved data management and analysis capabilities
  • Increased focus on condition-based monitoring
  • Improved asset health and performance prediction
  • Greater use of sensors and other data sources
Key Drivers

There are three key drivers of the asset integrity management market:

1. Increasing emphasis on safety and reliability: With the increasing complexity of industrial operations, there is a growing emphasis on safety and reliability.

2. Stringent regulatory requirements: Regulatory requirements related to safety and environmental protection are becoming more stringent.

3. Rising cost of asset failures: The cost of asset failures is rising due to the increasing complexity of industrial operations. Asset integrity management helps reduce the risk of asset failures and the associated costs.

Restraints & Challenges

The key restraints and challenges in Asset Integrity Management market include:

1. Ensuring compliance with ever-changing regulations: AIM programs must be constantly updated to ensure compliance with the latest safety and environmental regulations.

2. Managing data and information: AIM programs generate a large amount of data and information which must be managed effectively to be useful.

Market Segments

The asset integrity management market is segmented by service type, end-user industry, and region. By service type, the market is divided into corrosion management, pipeline integrity management, hazard identification study, structural integrity management, and others. Based on end-user industry, it is bifurcated into oil and gas, power, mining, aerospace, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Key Players

The global asset integrity management market includes players such as Rosen Swiss, Metegrity, TWI, Aker Solutions, Bureau Veritas, SGS, Intertek Group, TechnipFMC, Force Technology, Asset Integrity Engineering, and others.

 

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Asset Integrity Management Market Outlook
3.1. Asset Integrity Management Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Asset Integrity Management Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Asset Integrity Management Market
4.3. Economic Impact Analysis

Chapter 5. Asset Integrity Management Market by Service Type
5.1. Market Overview
5.2. Corrosion Management
5.2.1. Market Size and Forecast, 2022-2032 ($Million)
5.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.3. Pipeline Integrity Management
5.3.1. Market Size and Forecast, 2022-2032 ($Million)
5.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.4. Structural Integrity Management
5.4.1. Market Size and Forecast, 2022-2032 ($Million)
5.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.5. Hazard Identification Study
5.5.1. Market Size and Forecast, 2022-2032 ($Million)
5.5.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.6. Others
5.6.1. Market Size and Forecast, 2022-2032 ($Million)
5.6.2. Market Size and Forecast, by Region, 2022-2032 ($Million)

Chapter 6. Asset Integrity Management Market by End-Use Industry
6.1. Market Overview
6.2. Oil and Gas
6.2.1. Market Size and Forecast, 2022-2032 ($Million)
6.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.3. Power
6.3.1. Market Size and Forecast, 2022-2032 ($Million)
6.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.4. Mining
6.4.1. Market Size and Forecast, 2022-2032 ($Million)
6.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.5. Aerospace
6.5.1. Market Size and Forecast, 2022-2032 ($Million)
6.5.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.6. Others
6.6.1. Market Size and Forecast, 2022-2032 ($Million)
6.6.2. Market Size and Forecast, by Region, 2022-2032 ($Million)

Chapter 7. Asset Integrity Management Market, by Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. North America Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.2.3. North America Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.2.4. North America Asset Integrity Management Market Size and Forecast by Country, 2022-2032, ($Million)
7.2.5. The U.S.
7.2.5.1. The U.S. Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.2.5.2. The U.S. Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.2.6. Canada
7.2.6.1. Canada Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.2.6.2. Canada Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.2.7. Mexico
7.2.7.1. Mexico Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.2.7.2. Mexico Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Europe Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.3.3. Europe Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.3.4. Europe Asset Integrity Management Market Size and Forecast by Country, 2022-2032, ($Million)
7.3.5. Germany
7.3.5.1. Germany Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.3.5.2. Germany Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.3.6. France
7.3.6.1. France Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.3.6.2. France Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.3.7. U.K.
7.3.7.1. U.K. Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.3.7.2. U.K. Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.3.8. Spain
7.3.8.1. Spain Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.3.8.2. Spain Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.3.9. Italy
7.3.9.1. Italy Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.3.9.2. Italy Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.3.10. Rest of Europe
7.3.10.1. Rest of Europe Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.3.10.2. Rest of Europe Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Asia-Pacific Asset Integrity Management Market Size and Forecast by Country, 2022-2032, ($Million)
7.4.3. Asia-Pacific Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.4.4. Asia-Pacific Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.4.5. China
7.4.5.1. China Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.4.5.2. China Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.4.6. India
7.4.6.1. India Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.4.6.2. India Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.4.7. Japan
7.4.7.1. Japan Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.4.7.2. Japan Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.4.8. South Korea
7.4.8.1. South Korea Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.4.8.2. South Korea Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.4.9. Rest of APAC
7.4.9.1. Rest of APAC Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.4.9.2. Rest of APAC Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.5. Rest of the World
7.5.1. Key Market Trends and Opportunities
7.5.2. Rest of the World Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.5.3. Rest of the World Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.5.4. Rest of the World Asset Integrity Management Market Size and Forecast by Country, 2022-2032, ($Million)
7.5.5. Latin America
7.5.5.1. Latin America Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.5.5.2. Latin America Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.5.6. Middle East
7.5.6.1. Middle East Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.5.6.2. Middle East Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

7.5.7. Africa
7.5.7.1. Africa Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.5.7.2. Africa Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)
7.5.8. Rest of LAMEA
7.5.8.1. Rest of LAMEA Asset Integrity Management Market Size and Forecast by Service Type, 2022-2032, ($Million)
7.5.8.2. Rest of LAMEA Asset Integrity Management Market Size and Forecast by End-Use Industry, 2022-2032, ($Million)

Chapter 8. Competitive Landscape
8.1. Market Overview
8.2. Market Share Analysis/Key Player Positioning
8.3. Developmental Strategy Benchmarking
8.3.1. New Application Development
8.3.2. Application Launches
8.3.3. Business Expansions
8.3.4. Partnerships, Joint Ventures, and Collaborations
8.3.5. Mergers and Acquisitions

Chapter 9. Company Profiles
9.1. Rosen Swiss
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Offerings
9.1.4. Key Strategic Initiatives
9.1.5. SWOT Analysis
9.2. Metegrity
9.2.1. Company Snapshot
9.2.2. Financial Performance
9.2.3. Product offerings
9.2.4. Key Strategic Initiatives
9.2.5. SWOT Analysis
9.3. TWI
9.3.1. Company Snapshot
9.3.2. Financial Performance
9.3.3. Product offerings
9.3.4. Key Strategic Initiatives
9.3.5. SWOT Analysis
9.4. Aker Solutions
9.4.1. Company Snapshot
9.4.2. Financial Performance
9.4.3. Product offerings
9.4.4. Key Strategic Initiatives
9.4.5. SWOT Analysis
9.5. Bureau Veritas
9.5.1. Company Snapshot
9.5.2. Financial Performance
9.5.3. Product offerings
9.5.4. Key Strategic Initiatives
9.5.5. SWOT Analysis
9.6. SGS
9.6.1. Company Snapshot
9.6.2. Financial Performance
9.6.3. Product offerings
9.6.4. Key Strategic Initiatives
9.6.5. SWOT Analysis
9.7. Intertek Group
9.7.1. Company Snapshot
9.7.2. Financial Performance
9.7.3. Product offerings
9.7.4. Key Strategic Initiatives
9.7.5. SWOT Analysis
9.8. TechnipFMC
9.8.1. Company Snapshot
9.8.2. Financial Performance
9.8.3. Product offerings
9.8.4. Key Strategic Initiatives
9.8.5. SWOT Analysis
9.9. Force Technology
9.9.1. Company Snapshot
9.9.2. Financial Performance
9.9.3. Product offerings
9.9.4. Key Strategic Initiatives
9.9.5. SWOT Analysis
9.10. Asset Integrity Engineering
9.10.1. Company Snapshot
9.10.2. Financial Performance
9.10.3. Product offerings
9.10.4. Key Strategic Initiatives
9.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report

 

Key Players
  • Rosen Swiss
  • Metegrity
  • TWI
  • Aker Solutions
  • Bureau Veritas
  • SGS
  • Intertek Group
  • TechnipFMC
  • Force Technology
  • Asset Integrity Engineering
  • Others
Market Segments

By Service Type

  • Corrosion Management
  • Pipeline Integrity Management
  • Hazard Identification Study
  • Structural Integrity Management
  • Others

By End-Use Industry

  • Oil and Gas
  • Power
  • Mining
  • Aerospace
  • Others

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Rest of the World
    • Middle East
    • Africa
    • Latin America

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