Global Corrosion Monitoring Market is Expected to Grow at 10.6% in the Forecast Period of 2020 to 2027

Global Corrosion Monitoring Market is forecasted to grow at 10.6% with factors such as growing awareness among the end-use sectors.

Corrosion monitoring market has shown an exceptional penetration in countries such as U.S, Canada and Mexico. Aging infrastructure in old industries is increasing the penetration in developed countries. In developing countries, rising buying capacity is creating opportunity for the global corrosion monitoring market.

Corrosion Monitoring Market Scenario

According to Data Bridge Market Research, the market for corrosion monitoring in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is COSASCO (A Halma Company) which accounts an estimated market share of approximately 22.7% in the North America. The company has gained outstanding sale through their industrial product.

Corrosion Monitoring MarketTrends Impacting the Market

Now the question is which other regions SGS SA, INTERTEK GROUP PLC and COSASCO are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific corrosion monitoring market and the market leaders are targeting China, Japan and India to be their next revenue pockets for 2020.

The corrosion monitoring market is becoming more competitive every year with companies such as SGS SA, INTERTEK GROUP PLC and COSASCO as they are the market leaders for corrosion monitoring. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the corrosion monitoring market.

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Corrosion Monitoring Market Development

  • In December 2018, SGS SA which is engaged in providing services for inspection, testing, certification and verification entered into partnership with Baker Hughes of Germany. This partnership is for the joint deployment of Predictive Corrosion Management (PCM) solution. This partnership helped the company to strengthen its service category in corrosion monitoring.

Scope of the Corrosion Monitoring Market

Global corrosion monitoring market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, Taiwan, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East & Africa.

  • All country based analysis of corrosion monitoring market is further analyzed based on further segmentation. On the basis of technique type, the market is segmented into intrusive techniques and non-intrusive techniques. On the basis of type, the market is segmented into uniform and localized. On the basis of method type, the market is segmented into direct methods and indirect methods. On the basis of end user, the market is segmented oil & gas, chemicals/petrochemical plants, and pulp & paper, water / wastewater & LNG and others.

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Key Pointers Covered in Corrosion Monitoring Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • Corr Instruments, LLC
  • Pepperl+Fuchs
  • ACM Instruments
  • Midroc Europe
  • ICORR Technologies
  • Sentry Equipment Corp.
  • Berkeley Springs Instruments LLC.
  • Matergenics Inc.
  • Applus+
  • Aegion Corporation
  • SGS SA
  • Cosasco
  • Metex Corporation Limited
  • Luna
  • Emerson Electric Co.
  • Yokogawa Electric Corporation
  • Rysco Corrosion Services Inc.
  • Honeywell, Intertek Group plc
  • Baker Hughes

Above are the key players covered in the report, to know about more and exhaustive list of Corrosion Monitoring companies, contact us

Research Methodology: Global Corrosion Monitoring Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Product Managers, Smartphone Manufacturers, Camera Manufacturers
  • Supply Side: Service Providers, Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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