According to our (Global Info Research) latest study, the global Inspection, Repair and Maintenance (IRM) Service market size was valued at US$ 11577 million in 2025 and is forecast to a readjusted size of US$ 18232 million by 2032 with a CAGR of 6.7% during review period.
Inspection, Repair and Maintenance (IRM) Services refer to a broad range of technical and operational activities designed to ensure the integrity, safety, and performance of industrial assets throughout their operational life. IRM services are applied across multiple sectors, including offshore oil & gas, subsea infrastructure, power generation, industrial plants, transportation, and increasingly renewable energy assets such as offshore wind farms. Core IRM activities include condition inspection, integrity assessment, preventive maintenance, corrective repair, and life-extension services. The market is characterized by safety-critical operations, regulatory compliance requirements, and recurring demand driven by asset aging.
The global inspection, repair, and maintenance (IRM) service market growth is being driven by several factors, including: Increasing demand for asset integrity and reliability: As industries strive to optimize productivity and minimize downtime, the demand for IRM services is growing to ensure the integrity and reliability of critical assets. Aging infrastructure and equipment: Aging infrastructure and equipment in various industries, such as oil and gas, power generation, and manufacturing, require more frequent and comprehensive IRM services to maintain their operational effectiveness. Stricter safety regulations: Governments around the world are implementing stricter safety regulations for industrial operations, driving the need for IRM services to comply with these regulations and prevent accidents. Advancements in inspection and repair technologies: Technological advancements in inspection techniques, such as non-destructive testing (NDT) and remote monitoring systems, are improving the efficiency and accuracy of IRM services. Growing adoption of predictive maintenance: Predictive maintenance is gaining traction as a proactive approach to IRM, utilizing data analytics and machine learning to predict potential failures and schedule maintenance accordingly. The global IRM service market is poised for continued growth in the coming years, driven by the increasing demand for asset integrity, aging infrastructure, stricter safety regulations, technological advancements, and the growing adoption of predictive maintenance. Industry players that can develop innovative and cost-effective IRM solutions, expand their global presence, leverage technological advancements, collaborate with industry partners, and adhere to strict quality control standards are well-positioned to capitalize on this growth potential and contribute to the sustainable operation and maintenance of critical assets across various industries.
This report is a detailed and comprehensive analysis for global Inspection, Repair and Maintenance (IRM) Service market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Inspection, Repair and Maintenance (IRM) Service market size and forecasts, in consumption value ($ Million), 2021-2032
Global Inspection, Repair and Maintenance (IRM) Service market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Inspection, Repair and Maintenance (IRM) Service market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Inspection, Repair and Maintenance (IRM) Service market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Inspection, Repair and Maintenance (IRM) Service
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Inspection, Repair and Maintenance (IRM) Service market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TechnipFMC, Asso.subsea, DOF Group ASA, Bourbon Offshore, Reach Subsea, Oceaneering International, Cyan Renewables, Boskalis, DeepOcean, Subsea 7, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Inspection, Repair and Maintenance (IRM) Service market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Inspection Service
Repair Service
Maintenance Service
Market segment by Water Depth Type
Shallow Water IRM
Mid-Water IRM
Deepwater IRM
Ultra-Deepwater IRM
Others
Market segment by Asset-based Type
Subsea Production Systems
Pipelines & Flowlines
Risers & Umbilicals
Offshore Platforms & Jackets
Others
Market segment by Application
Oil
Gas
Renewable Energy
Others
Market segment by players, this report covers
TechnipFMC
Asso.subsea
DOF Group ASA
Bourbon Offshore
Reach Subsea
Oceaneering International
Cyan Renewables
Boskalis
DeepOcean
Subsea 7
Fugro
Helix Energy Solutions
Offshore Oil Engineering
Prysmian Group
Baker Hughes
Bhagwan Marine
MISTRAS Group
Petrofac
James Fisher Marine Services
Bluestream
Rever Offshore
Royal Boskalis Westminster
Phoenix International
DOF Subsea (DOF Group)
Cotech IRM Services
Aker Solutions
Sapura Energy Berhad
James Fisher Offshore (James Fisher & Sons)
Bluestream Offshore B.V.
RockSalt Subsea
Acteon
Rana Diving
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Inspection, Repair and Maintenance (IRM) Service product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Inspection, Repair and Maintenance (IRM) Service, with revenue, gross margin, and global market share of Inspection, Repair and Maintenance (IRM) Service from 2021 to 2026.
Chapter 3, the Inspection, Repair and Maintenance (IRM) Service competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Inspection, Repair and Maintenance (IRM) Service market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Inspection, Repair and Maintenance (IRM) Service.
Chapter 13, to describe Inspection, Repair and Maintenance (IRM) Service research findings and conclusion.
Summary:
Get latest Market Research Reports on Inspection, Repair and Maintenance (IRM) Service. Industry analysis & Market Report on Inspection, Repair and Maintenance (IRM) Service is a syndicated market report, published as Global Inspection, Repair and Maintenance (IRM) Service Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Inspection, Repair and Maintenance (IRM) Service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.