MarkNtel Advisors' most recent study of the Asset Integrity Management Market offers the reader a thorough analysis of the current market trends growth drivers, growth drivers, and restrictions. The study provides a thorough value market analysis of the projected years 2023-2023. The report's primary goal is to evaluate the changes in the market's growth market post-crisis that has been caused by Covid-19. The report also includes projections of the market's growth for the future. an established period of time and an in-depth analysis of important market dynamics as well as segmental performance. The report also provides a comprehensive analysis of supply and demand and the manufacturing scenario.

Major Key Highlight of this Study Report –

• Market share estimates for Asset Integrity Management Industry for the regional and country segments
• The significant aspect of combative landscape planning is the common patterns
• Asset Integrity Management Market trends that include technology and product analysis as well as constraints and drivers
• The provision of advice is based on the most important business segments, based on market estimates
• An intentional guideline for newcomers
• The market for Asset Integrity Management prophesies the hinted subsects, segments and the regional market

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Key Trends in the Market: Integration of Artificial Intelligence (AI) to Broaden the Capabilities of Asset Integrity Management

Globally, the Asset Integrity Management market has changed recently as a result of the use of technologies like artificial intelligence (AI) & data analytics in asset management services, including inspection & risk assessment. Companies that provide asset integrity management services, including Aker Solutions ASA, Metegrity Inc., etc., are arming themselves with the newest technology, such artificial intelligence (AI), machine learning, and data analysis, in order to make reliable and important judgements. This would support the organization's ability to accurately and critically evaluate industrial assets. Asset integrity management companies gather vast amounts and a variety of data, which adds complexity and makes it challenging to examine and analyses in a systematic manner.

Markey Key Segment Study -

­The report is a thorough research study on the growth of Asset Integrity Management Market across each segmentation and geographic location, to help the key stakeholders and the top players devise innovative strategies and advertisements to support the enormous production and revenues that will be generated in the next year. The study within the sub-division covers changes, trends, supply chain, demand and the pricing of services and products as well as other elements in the report. These are the different segments that are covered in the report on research –

Separated Into By, 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.)

Separated Into By, By Location

• Onshore
• Offshore

Separated Into By, By End User Industries

• Oil & Gas
• Power
• Mining
• Chemical
• Others (Marine, Construction, Transportation, etc.)

Get Full Report with TOC, Table of Figure, Chart, etc. @ - https://www.marknteladvisors.com/research-library/asset-integrity-management-market.html

Geographical Landscape –

Region data covered in this report are –

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

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

Additionally, governments all across the world are exerting pressure on their own sectors to embrace sustainable and renewable energy as a result of the worldwide commitment to zero carbon objectives by 2050. As a result, nations all around the world are boosting their ability to produce clean energy using nuclear, solar, and hydrogen power plants. As a result, the historical years saw an increase in the need for asset integrity management services due to the building and addition of new clean energy power plants, such as nuclear & hydrogen. 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.

As a result, the rise in nuclear and hydrogen power plants has an impact on the need for asset integrity management services in the years to come due to the inherent hazards associated with such facilities. Therefore, it is projected that the growing number of nuclear and hydrogen power plants will propel the market for asset integrity management services.

Competitive Landscape

The report's authors thoroughly analyze major companies that operate in the Asset Integrity Management Market and discuss their strategies, the latest developments expansion plans, portfolio of products and services, mergers and acquisitions, as well as opportunities to increase profit margins as well as other strategies used by players to stay their presence in the market. The most prominent companies summarized in the report are –

• 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)

As the coronavirus (COVID-19) crisis spreads across the globe We are constantly monitoring the market trends and the behavior of industry people around the world. We also provide estimates of the most current market trends and forecasts are based on the potential impact of this epidemic.

Some Latest Developments in the Market -

• 2021: Oceaneering launched its autonomous underwater vehicle named ‘Freedom,’ which would help the firm to carry out inspections of different diameters pipes lying on low elevations. This development would give the company a competitive advantage in terms of increasing efficiency & accurate inspection of subsea pipes.
• 2019: Penspen, a global provider of engineering & project management services has partnered with asset risk & integrity management company, Ankaa Consulting, to expand its asset integrity management offering in the Asia region. The agreement will allow Penspen to enhance accessibility to clients in Malaysia & other Asian countries.

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Additionally, we provide options for customizing reports that provide comprehensive and objective information on Asset Integrity Management Markets that are based on the needs from the stakeholders.

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