Lucintel Forecasts the Global Corrosion Under Insulation Monitoring Market to Reach $0.3 billion by 2030

According to a market report by Lucintel, the future of the global corrosion under insulation monitoring market looks promising with opportunities in the oil and gas, marine, chemical & petrochemical, energy & power, and food processing markets. The global corrosion under insulation monitoring market is expected to reach an estimated $0.3 billion by 2030 from $0.1 billion in 2024, at a CAGR of 13.6% from 2024 to 2030. The major drivers for this market are growing demand from asset-intensive industries and supportive stringent regulations to improve safety and environmental protection.

A more than 150-page report to understand trends, opportunity and forecast in corrosion under insulation monitoring market to 2030 by component (hardware, software, and services), end use industry (oil and gas, marine, chemical & petrochemical, energy & power, food processing industries, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that hardware segment is expected to witness the highest growth over the forecast period due to growing adoption of advanced CUI monitoring hardware technologies, such as acoustic emission sensors and ultrasonic testing devices.

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North America is expected to witness the highest growth over the forecast period due to increasing demand for CUI monitoring solutions from asset-intensive among various industries, such as chemical processing, oil and gas, and energy & power of the region.

3-Sci, Kaefer, MISTRAS, Cosasco, MAXWELL NDT are the major suppliers in the corrosion under insulation monitoring market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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