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Asset Integrity Management Services Market Emerging Growth Scope with 8.9% of CAGR by 2027 – DNV GL AS, John Wood Group, Oceaneering International, Rosen Group, Cybernetix – KSU


/Asset Integrity Management Services Market Emerging Growth Scope with 8.9% of CAGR by 2027 – DNV GL AS, John Wood Group, Oceaneering International, Rosen Group, Cybernetix
Asset Integrity Management Services Market Emerging Growth Scope with 8.9% of CAGR by 2027 – DNV GL AS, John Wood Group, Oceaneering International, Rosen Group, Cybernetix
Asset integrity management processes protects and enhance the capability of an asset to perform its necessary functions effectively. It efficiently manages corporate assets to gain profitability and all the services such as design, inspection, maintenance, and operations highly impact the integrity of infrastructure and equipment.
tipFebruary 24, 2021
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“Asset Integrity Management Services Market to 2027- COVID 19 Impact and Global Analysis – by Service Type (Non-Destructive Testing (NDT) Inspection, Corrosion Management, Pipeline Integrity Management, Structural Integrity Management, Risk-Based Inspection (RBI ....

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Global Oil & Gas Asset Integrity Management Markets, 2020-2025: Convergence of Cloud Technology and Asset Integrity Management Services Presents Opportunities


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The global asset integrity management services market size is estimated at USD 19.4 billion in 2020. It is projected to reach USD 24.2 billion by 2025; it is expected to grow at a CAGR of 4.5% from 2020 to 2025.
The major factors driving the market growth include the growing demand for asset integrity management in new offshore fields in deep waters, declining efficiencies of aging assets, and the need for securing operational safety in various industries, such as oil and gas and power. However, factors such as lack of skilled personnel for operating asset integrity management systems and software pose challenges for market growth. ....

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