The Asset Integrity Management Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Asset Integrity Management Market?
The market size of the asset integrity management has seen a robust increase in recent years. It is estimated to rise from $29.16 billion in 2024 to $31.49 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Asset Integrity Management Industry?
The Asset Integrity Management Global Market Report 2024 predicts that by 2029, the market will grow to reach a value of $46.59 billion. This growth represents a compound annual growth rate (CAGR) of 10.3%.
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What are the Key Growth Drivers Fueling the Asset Integrity Management Market?
The key drivers in the asset integrity management market are:
• Increasing focus on human factors and behavioral safety
• Implementation of circular economy practices
• Striving for energy efficiency and sustainability
• Greater use of predictive analytics for equipment health
• Necessity for supply chain resilience
• Adoption of digital twins in the industry
• Emergence of advanced data analytics for predictive maintenance
• Growing use of remote monitoring and inspection technologies
• Digitalization of asset documentation and records
• Implementation of cybersecurity measures for asset protection
• Increase in collaborations for interoperability.
Global Market Segmentation: Identifying Major Asset Integrity Management Industry Segments
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
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What are the Emerging Trends Shaping the Future of the Asset Integrity Management Market?
The key trends in the bio-implants market are:
• The adoption of digital twins technology is being seen as a key emerging trend.
• There is a noticeable rise in utilizing advanced data analytics for predictive maintenance purposes.
• Remote monitoring and inspection technologies are becoming popular trends in the market.
• The digitalization of asset documentation and records, and enhancing cybersecurity measures for asset protection are significant upcoming trends.
Who Are the Top Competitors & Leading Players in the Asset Integrity Management Market?
Major companies in the asset integrity management market 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
Regional Dominance: Which Area Leads the Global Asset Integrity Management Market?
North America was the largest region in the asset integrity management market in 2024
