The global corrosion monitoring market size was valued at USD 352.4 million in 2023 and is poised to grow at a significant CAGR of 9.3% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the corrosion monitoring market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global corrosion monitoring market segmentation:
1) By Type: Intrusive, Non-Intrusive
2) By Technique: Electromagnetic, Phased Array Ultrasonic Testing (PAUT), High-Temperature Phased Array Ultrasonic Testing, Time Of Flight Diffraction Ultrasonic Testing (TOFD), Electromagnetic Acoustic Transducer (EMAT), Short Range Ultrasonic testing (SRUT), High-Temperature Corrosion Mapping (HTCM) & Internal Rotary Inspection System (IRIS)
3) By End Use: Oil & Gas, Subsea, Renewable Energy, Transport & Infrastructure, Industrial, Chemical, Manufacturing, Refineries, Construction & Others
The primary factors of the corrosion monitoring market drivers are increasing awareness to lessen accidents in oil and gas industries. The corrosion monitoring market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action to change perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The corrosion monitoring market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the corrosion monitoring market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.
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The important profiles and strategies adopted by the corrosion monitoring market key players are Corr Instruments, LLC, (U.S.), Pepperl+Fuchs, (Germany), ACM Instruments, (U.K, ICORR Technologies, (U.K.), Sentry Equipment Corp., (U.S.), BERKELEY SPRINGS INSTRUMENTS (U.S.), Matergenics Inc., (U.S.), CLAMPON AS, (Norway), Applus+, (Spain), Aegion (U.S.), SGS Société Générale de Surveillance SA. (Switzerland), Cosasco, (U.S.), METEX CORPORATION LIMITED (U.K.), Luna, (U.S.), Emerson Electric Co., (U.S.), Yokogawa Electric Corporation, (Japan), Rysco Corrosion Services Inc., (Canada), Honeywell International Inc. (U.S.), Intertek Group plc, (U.K.), Stork (Netherlands), Baker Hughes Company, (U.S.). is covered here to help them in strengthening their place in the market.
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