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Asset Integrity Management Services Market Worth 31.66 Billion USD by 2023PUNE, India, August 25, 2017 /PRNewswire/ -- According to the new market research report "Asset Integrity Management Market by Service (RBI, Ram Study, Corrosion Management, Pipeline Integrity Management, Hazid Study, Structural Integrity Management, NDT), Industry, and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the market is expected to be valued at USD 31.66 Billion by 2023, at a CAGR of 8.7% between 2017 and 2023. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 69 Market Data Tables and 70 Figures spread through 187 Pages and in-depth TOC on "Asset Integrity Management Market - Global Forecast to 2023" http://www.marketsandmarkets.com/Market-Reports/asset-integrity-management-market-7798221.html Early buyers will receive 10% customization on this report Factors that are driving the growth of the market include the necessity of asset integrity management in new offshore fields in deep waters; declining efficiencies of aging assets and the need for operational safety; stringent government safety regulations and quality control requirements; climatic changes affecting the operations of various industries; and declining oil and gas prices increase the demand for maintaining the asset and plant. NDT inspection to hold largest size of in asset integrity management services market during forecast period NDT processes are used in various manufacturing industries, and fabrication and in-service inspection applications to ensure product integrity and reliability, control manufacturing processes, lower production costs, and maintain a uniform quality level. NDT is important in the plants where process shutdowns for inspection purposes is not feasible, and any destruction or disturbance to asset for the same purpose is not affordable. The most frequently used test methods for NDT include magnetic particle testing (MT), liquid penetrant testing (PT), radiographic testing (RT), ultrasonic testing (UT), electromagnetic testing (ET), and visual testing (VT). Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=7798221 Oil and gas industry to hold largest size of asset integrity management services market by 2017 The oil and gas industry is associated with a great level of risk due to its complexity and involvement of huge natural reserves and finances. The effective and efficient performance of assets in the oil and gas industry is a must to ensure safe and reliable operations while achieving profits. The asset ntegrity management services can be applied to all types of assets including downhole, wellhead, subsea, pipelines, topside process, load-bearing structures, and floaters. It is involved in all the stages of the oil and gas industry, including design, commissioning, operations, and decommissioning. Asset integrity management services market in APAC to grow at highest CAGR between 2017 and 2023 APAC consists of most of the developing countries such as India, China, Malaysia, and South Korea. China is one of the fastest-growing economies in the world according to the announcement made by International Monetary Fund (IMF) in 2017. It is also a manufacturing hub for various industries such as electronics, oil and gas, and aerospace, and their production activities require a lot of energy and power. The Asset Management Association of China (AMAC) was established in June 2012 with primary objectives of providing services to the industry by encouraging the communication, innovation, professionalism, and competitiveness, and providing a communication platform between the government and the industry. India was the third-largest energy consumer in the world in 2013, next to China and the US. Owing to the lower domestic production and higher imports in India, the refining of these crude oil products in the most efficient and optimum manner becomes utmost necessary. Continuous operations of these refineries and integration of various systems and instruments in these refineries are ensured with the use of asset integrity management services. Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=7798221 The major players in the asset integrity management services market are SGS SA (Switzerland), Bureau Veritas SA (France), Intertek Group plc (UK), Fluor Corporation (US), Aker Solutions ASA (Norway), Applus+ Servicios Technológicos, S.L. (Spain), DNV GL AS (Norway), John Wood Group PLC (UK), Oceaneering International Inc. (US), ROSEN Swiss AG (Switzerland), and TechnipFMC plc (UK). Browse Related Reports Asset Management System Market by Solution (RFID, RTLS, GPS and Barcode), Asset Type (Electronics Assets, Returnable Transport Assets, In-Transit Equipment, Manufacturing Assets and Personnel), Industry and Geography - Global Forecast to 2022 Non-Destructive Testing and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy Current, Ultrasonic, Radiographic, Acoustic Emission), Method, Service, Vertical, and Geography - Global Forecast to 2023 Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. 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