Corrosion and Erosion Monitoring Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

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In the oil and gas industry, corrosion and erosion monitoring systems play a crucial role in managing asset integrity. Such monitoring systems also help in optimizing oil and gas production. The term ‘corrosion’ mainly implies wearing of metals which is caused by oxidation, gradually. On the other hand, ‘erosion’ is a gradual process in weathering off of various materials include rock. More precisely, erosion is a type of physical change of materials, while corrosion involves only chemical change. Corrosion monitoring systems individually provide comprehensive monitoring of various critical components of industrial assets, objects, and plants.


This corrosion monitoring system mainly detects non-conforming alloy components for preventing catastrophic failure. Such corrosion and erosion monitoring systems provide significant advantages when integrated into safety management as well as preventive maintenance. Such USPs are majorly booting the global corrosion and erosion monitoring systems market.

The global corrosion and erosion monitoring systems market is mainly segmented on the basis of software, hardware, type, service, end-user and region. Under software, real-time corrosion prediction software and prediction and material selection software are the prominent segments comprising the market. Whereas, with respect to hardware, key segment present in the global corrosion and erosion monitoring systems market is corrosion transmitters. In terms of service, the market is segmented into managed services and professional services. Based on end-user, the market is segmented into oil and gas transmission, crude units, refinery systems, oil and gas production, sour water systems, and amine units.


Corrosion and erosion monitoring systems offer several benefits include information collection about sand production for managing reservoirs efficiently, immediate alerts about process updates, and faster detection of low erosion and corrosion in systems. Along with all these, such systems are also advantageous in the area of low cables requirement and reduced consumption of chemical inhibitors. All such advantages are majorly fueling demand in the global corrosion and erosion monitoring systems market. Corrosion and erosion monitoring systems conduct several types of tests which facilitate a remedial action in preventing further damage. Such factors are also propelling expansion in the global corrosion and erosion monitoring systems market.

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