MRO - Industry-Specific Maintenance Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Tank Inspection - API 653
Overview
Market size
$2.8B
global, USD
CAGR
4.5%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$3.5B
What changed
Demand by region
North America demand35%
Europe demand25%
Asia Pacific demand20%
Middle East and Africa demand15%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Skilled Labor and Inspector Day Rates45%
Travel, Mobilization and Logistics20%
Equipment Depreciation and Consumables15%
Reporting, Engineering Review and Compliance10%
Overhead and Insurance10%
share of delivered cost (analyst estimate)
Supplier watchlist
6 trackedRelated categories
Aviation MRO - Heavy Maintenance (C-Check, D-Check)Aviation MRO - Line MaintenanceAviation MRO - AOG Recovery ServicesAviation MRO - Engine Overhaul - CFM56Aviation MRO - Engine Overhaul - V2500Aviation MRO - Engine Overhaul - GEnxAviation MRO - Engine Overhaul - PW1000GAviation MRO - Engine Overhaul - Trent