Corrosion Monitoring Market By Type, By Technique, High Temperature Phased Array Ultrasonic Testing, Time Of Flight Diffraction Ultrasonic Testing, Electromagnetic Acoustic Transducer, Short Range Ultrasonic testing, High Temperature Corrosion Mapping & Internal Rotary Inspection System ), By End Use, and Geography

Corrosion Monitoring Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Intrusive, Non-Intrusive), 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)), By End Use (Oil & Gas, Subsea, Renewable Energy, Transport & Infrastructure, Industrial, Chemical, Manufacturing, Refineries, Construction & Others), and Region

Experiencing remarkable growth, the global corrosion monitoring market reached a noteworthy US$ 352.4 million in 2023, setting the stage for substantial expansion with a projected value of US$ 615.5 million by 2029. This surge is fundamentally driven by the heightened demand for asset protection, coupled with an increasing emphasis on regulatory compliance and the widespread adoption of advanced corrosion monitoring technologies on a global scale.

Key contributors to this market upswing include heightened infrastructure investments and a growing acknowledgment of the economic implications associated with corrosion-related issues. As of 2024, the market is estimated to be valued at US$ 385.0 million, indicating an impressive 9.3% Compound Annual Growth Rate (CAGR) anticipated over the forecast period from 2024 to 2029.

One of the driving forces behind the market's robust trajectory is the pervasive awareness of the critical need for effective corrosion management solutions. This heightened awareness is complemented by stringent regulatory frameworks, which continue to serve as catalysts for the market's upward momentum. Notably, the market exhibits resilience in its capacity to cater to diverse industry verticals, spanning from the oil and gas sector to manufacturing and infrastructure development.

Corrosion Monitoring Market

The comprehensive nature of the market's expansion is underscored by its adaptability to varying industry demands and needs. Industries with critical assets, such as those in oil and gas, find value in corrosion monitoring solutions for safeguarding infrastructure, while the manufacturing and infrastructure development sectors benefit from the efficiency and reliability offered by these technologies. In essence, the global corrosion monitoring market not only demonstrates substantial growth but also showcases a versatility that positions it for sustained expansion across diverse industries in the years to come.

Key Developments:

  • In 2020, MAC, led by President & CEO Dudley M. Boden, entered the welded tube market with the introduction of the Echomac® PA TW System. These phased array ultrasonic inspection systems offer minimal operator adjustments, extended test head coverage of weld zones, and real-time monitoring in the hot zone. Addressing welding errors promptly, the system reduces scrap tube production. Its versatility extends beyond welded tubes to applications like bar, composites, and rail wheels. This key development positions MAC at the forefront of enhancing precision and efficiency in tube manufacturing processes.
  • In 2018, MAC achieved key milestones across quarters. In the second quarter, they shipped the inaugural Rotoflux® AC Flux Leakage system to a Korean customer, revolutionizing the detection of defects in hot-rolled bars. The momentum continued in the third quarter with the dispatch of two more Rotoflux® AC units to a U.S. customer, solidifying MAC's commitment to cutting-edge inspection solutions. Closing the year on a high note, MAC introduced a groundbreaking 25mm, 8-channel UT rotary with Echomac® FD6A electronics in the fourth quarter. This innovative unit expanded MAC's ultrasonic inspection capabilities, accommodating materials ranging from 5mm to 500mm OD, particularly catering to suppliers in the medical industry.
  • In February 2023, NDTCCS announced the launch of its Advanced Inspection Services division, focusing on emerging technologies like drone-based inspections and advanced ultrasonic testing.

Corrosion Monitoring Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.3%

Largest Market

North America

Fastest Growing Market

North America

Corrosion Monitoring Market Dynamics

In an era characterized by growing global infrastructure projects, the demand for robust corrosion monitoring has escalated significantly. Governments and private entities alike are channeling substantial investments into critical sectors such as transportation, energy, and manufacturing to meet the demands of burgeoning populations and advancing economies. This surge in infrastructure spending underscores the imperative to safeguard and prolong the life of these substantial assets.

In the transportation sector, encompassing highways, bridges, and railways, the need for corrosion monitoring is paramount to ensure the structural integrity of these vital arteries. Corrosion poses a persistent threat, and timely monitoring becomes essential to identify vulnerabilities and prevent potential disasters. Similarly, in the energy sector, encompassing oil and gas installations, pipelines, and power plants, corrosion can compromise operational efficiency and safety. Robust monitoring solutions become indispensable to detect corrosion at its nascent stages, allowing for proactive intervention.

The manufacturing sector, with its diverse array of facilities and equipment, also reaps the benefits of advanced corrosion monitoring. As industrial infrastructure expands globally, the ability to mitigate corrosion-related risks becomes integral to sustaining efficient production processes. Therefore, the escalating demand for corrosion monitoring solutions is intricately linked to the rising tide of infrastructure investments, reflecting a collective commitment to preserving the longevity, safety, and efficiency of critical assets that underpin the global economy.

Corrosion Monitoring Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 352.4 million

Market Size in 2029

US$ 615.5 million

Market CAGR

9.3%

By Type

  • Intrusive
  • Non-Intrusive

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)

By End User

  • Oil & Gas
  • Subsea
  • Renewable Energy
  • Transport & Infrastructure
  • Industrial
  • Chemical
  • Manufacturing
  • Refineries
  • Construction
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Key Features of the Report

  • The corrosion monitoring market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The corrosion monitoring market was valued at US$ 352.4 million in 2023 and is expected to grow at a 9.3% CAGR from 2024 to 2029.

The escalating focus on renewable energy sources amplifies the market potential for corrosion monitoring, especially in safeguarding critical infrastructure linked to burgeoning wind, solar, and green energy projects amid global efforts to transition towards sustainable solutions.

The leading players in the Global Corrosion Monitoring Market are Baker Hughes, SGS SA, Evident, GE Rightrax, Eddyfi Technologies, Vidisco Ltd, Magnetic Analysis Corporation, NDT Corrosion Control Service CO (NDTCCS) & VCS Engineering.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Corrosion Monitoring Market Introduction 
2.1.Global Corrosion Monitoring Market  - Taxonomy
2.2.Global Corrosion Monitoring Market  - Definitions
2.2.1. By Type 
2.2.2. By Technique
2.2.3. By End User
2.2.4. By Region
3.Global Corrosion Monitoring Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Corrosion Monitoring Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Corrosion Monitoring Market  By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Intrusive
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Non-Intrusive
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Corrosion Monitoring Market  By Technique, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Electromagnetic
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Phased Array Ultrasonic Testing (PAUT)
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. High Temperature Phased Array Ultrasonic Testing
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Time Of Flight Diffraction Ultrasonic Testing (TOFD)
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Electromagnetic Acoustic Transducer (EMAT)
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Short Range Ultrasonic testing (SRUT)
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. High Temperature Corrosion Mapping (HTCM)
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
6.8. Internal Rotary Inspection System (IRIS)
6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.8.3. Market Opportunity Analysis 
7.Global Corrosion Monitoring Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Oil & Gas
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Subsea
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Renewable Energy
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Transport & Infrastructure
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Industrial
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Chemical
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
7.7. Manufacturing
7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.7.3. Market Opportunity Analysis 
7.8. Refineries
7.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.8.3. Market Opportunity Analysis 
7.9. Construction
7.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.9.3. Market Opportunity Analysis 
7.10. Others
7.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.10.3. Market Opportunity Analysis 
8.Global Corrosion Monitoring Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Corrosion Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Intrusive
9.1.2.Non-Intrusive
9.2.  Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Electromagnetic
9.2.2.Phased Array Ultrasonic Testing (PAUT)
9.2.3.High Temperature Phased Array Ultrasonic Testing
9.2.4.Time Of Flight Diffraction Ultrasonic Testing (TOFD)
9.2.5.Electromagnetic Acoustic Transducer (EMAT)
9.2.6.Short Range Ultrasonic testing (SRUT)
9.2.7.High Temperature Corrosion Mapping (HTCM)
9.2.8.Internal Rotary Inspection System (IRIS)
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Oil & Gas
9.3.2.Subsea
9.3.3.Renewable Energy
9.3.4.Transport & Infrastructure
9.3.5.Industrial
9.3.6.Chemical
9.3.7.Manufacturing
9.3.8.Refineries
9.3.9.Construction
9.3.10.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Corrosion Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Intrusive
10.1.2.Non-Intrusive
10.2.  Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Electromagnetic
10.2.2.Phased Array Ultrasonic Testing (PAUT)
10.2.3.High Temperature Phased Array Ultrasonic Testing
10.2.4.Time Of Flight Diffraction Ultrasonic Testing (TOFD)
10.2.5.Electromagnetic Acoustic Transducer (EMAT)
10.2.6.Short Range Ultrasonic testing (SRUT)
10.2.7.High Temperature Corrosion Mapping (HTCM)
10.2.8.Internal Rotary Inspection System (IRIS)
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Oil & Gas
10.3.2.Subsea
10.3.3.Renewable Energy
10.3.4.Transport & Infrastructure
10.3.5.Industrial
10.3.6.Chemical
10.3.7.Manufacturing
10.3.8.Refineries
10.3.9.Construction
10.3.10.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Corrosion Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Intrusive
11.1.2.Non-Intrusive
11.2.  Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Electromagnetic
11.2.2.Phased Array Ultrasonic Testing (PAUT)
11.2.3.High Temperature Phased Array Ultrasonic Testing
11.2.4.Time Of Flight Diffraction Ultrasonic Testing (TOFD)
11.2.5.Electromagnetic Acoustic Transducer (EMAT)
11.2.6.Short Range Ultrasonic testing (SRUT)
11.2.7.High Temperature Corrosion Mapping (HTCM)
11.2.8.Internal Rotary Inspection System (IRIS)
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Oil & Gas
11.3.2.Subsea
11.3.3.Renewable Energy
11.3.4.Transport & Infrastructure
11.3.5.Industrial
11.3.6.Chemical
11.3.7.Manufacturing
11.3.8.Refineries
11.3.9.Construction
11.3.10.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Corrosion Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Intrusive
12.1.2.Non-Intrusive
12.2.  Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Electromagnetic
12.2.2.Phased Array Ultrasonic Testing (PAUT)
12.2.3.High Temperature Phased Array Ultrasonic Testing
12.2.4.Time Of Flight Diffraction Ultrasonic Testing (TOFD)
12.2.5.Electromagnetic Acoustic Transducer (EMAT)
12.2.6.Short Range Ultrasonic testing (SRUT)
12.2.7.High Temperature Corrosion Mapping (HTCM)
12.2.8.Internal Rotary Inspection System (IRIS)
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Oil & Gas
12.3.2.Subsea
12.3.3.Renewable Energy
12.3.4.Transport & Infrastructure
12.3.5.Industrial
12.3.6.Chemical
12.3.7.Manufacturing
12.3.8.Refineries
12.3.9.Construction
12.3.10.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Corrosion Monitoring Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Intrusive
13.1.2.Non-Intrusive
13.2.  Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Electromagnetic
13.2.2.Phased Array Ultrasonic Testing (PAUT)
13.2.3.High Temperature Phased Array Ultrasonic Testing
13.2.4.Time Of Flight Diffraction Ultrasonic Testing (TOFD)
13.2.5.Electromagnetic Acoustic Transducer (EMAT)
13.2.6.Short Range Ultrasonic testing (SRUT)
13.2.7.High Temperature Corrosion Mapping (HTCM)
13.2.8.Internal Rotary Inspection System (IRIS)
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Oil & Gas
13.3.2.Subsea
13.3.3.Renewable Energy
13.3.4.Transport & Infrastructure
13.3.5.Industrial
13.3.6.Chemical
13.3.7.Manufacturing
13.3.8.Refineries
13.3.9.Construction
13.3.10.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Baker Hughes
14.2.2.SGS SA
14.2.3.Evident
14.2.4.GE Rightrax
14.2.5.Eddyfi Technologies
14.2.6.Vidisco Ltd
14.2.7.Magnetic Analysis Corporation
14.2.8.NDT Corrosion Control Service CO (NDTCCS)
14.2.9.VCS Engineering
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Baker Hughes
  • SGS SA
  • Evident
  • GE Rightrax
  • Eddyfi Technologies
  • Vidisco Ltd
  • Magnetic Analysis Corporation
  • NDT Corrosion Control Service CO (NDTCCS)
  • VCS Engineering

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