Global Corrosion Monitoring Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Intrusive Techniques and Non-Intrusive Techniques

By Technique;

Corrosion Coupons, Electrical Resistance, Linear Polarization Resistance, Galvanic Technique, Ultrasonic Thickness Measurement, and Others

By Sensor Type;

Electrical Resistance Sensors, Electrochemical Sensors, Acoustic Emission Sensors, Ultrasonic Sensors, and Radio Frequency Identification (RFID) Sensors

By End Use Industry;

Oil & Gas, Chemicals, Manufacturing, Power Generation, Pulp & Paper, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn467547525 Published Date: May, 2025 Updated Date: June, 2025

Corrosion Monitoring Market Overview

Corrosion Monitoring Market (USD Million)

Corrosion Monitoring Market was valued at USD 345.02 million in the year 2024. The size of this market is expected to increase to USD 622.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.8%.


Global Corrosion Monitoring Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 8.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.8 %
Market Size (2024)USD 345.02 Million
Market Size (2031)USD 622.65 Million
Market ConcentrationMedium
Report Pages315
345.02
2024
622.65
2031

Major Players

  • Honeywell International Inc
  • Emerson Electric Co
  • Endress+Hauser Group
  • GE Inspection Technologies
  • Intertek Group plc
  • Baker Hughes Company
  • Ametek Inc
  • Siemens AG
  • Schneider Electric
  • Omega Engineering Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Corrosion Monitoring Market

Fragmented - Highly competitive market without dominant players


Heightened Focus on Protecting Industrial Assets
The corrosion monitoring market is expanding rapidly, driven by the growing need to safeguard industrial assets and maintain seamless operations. As infrastructure continues to age and faces exposure to aggressive environments, the demand for robust corrosion solutions is increasing. Notably, over 50% of industrial maintenance budgets are allocated to corrosion-related concerns, underscoring the importance of continuous monitoring technologies.

Process-Intensive Sectors Boosting Adoption
Corrosion monitoring is becoming a core element in sectors such as oil & gas, chemicals, and energy, where uninterrupted equipment performance is crucial. Studies indicate that around 65% of major equipment failures in these industries are attributed to corrosion. In response, organizations are increasingly embracing real-time monitoring systems to facilitate predictive maintenance and avoid unplanned outages.

Smart Technologies Powering Market Innovation
The integration of advanced sensors and data-driven platforms is revolutionizing corrosion monitoring capabilities. Smart sensors now represent close to 40% of active systems, delivering precise, continuous insights that enable faster and more informed decisions. These technological upgrades are playing a vital role in enhancing safety, reducing operational costs, and minimizing asset downtime.

Stricter Regulations Encouraging Monitoring Solutions
Regulatory frameworks are tightening across industrial domains, compelling businesses to adopt effective corrosion control methods. Presently, over 55% of regulated entities utilize corrosion monitoring systems to align with safety and environmental standards. These solutions are critical for ensuring regulatory compliance while supporting risk mitigation strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Technique
    3. Market Snapshot, By Sensor Type
    4. Market Snapshot, By End Use Industry
    5. Market Snapshot, By Region
  4. Corrosion Monitoring Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing infrastructure development projects
        2. Rising oil and gas industry
        3. Advancements in sensor technology
        4. Growing focus on asset protection
      2. Restraints
        1. High initial implementation costs
        2. Lack of skilled professionals
        3. Technical complexities in monitoring
        4. Limited awareness among end-users
      3. Opportunities
        1. Expansion in emerging markets
        2. Integration with IoT solutions
        3. Development of portable devices
        4. Government regulations on safety
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Corrosion Monitoring Market, By Type, 2021 - 2031 (USD Million)
      1. Intrusive Techniques
      2. Non-Intrusive Techniques
    2. Corrosion Monitoring Market, By Technique, 2021 - 2031 (USD Million)
      1. Corrosion Coupons
      2. Electrical Resistance
      3. Linear Polarization Resistance
      4. Galvanic Technique
      5. Ultrasonic Thickness Measurement
      6. Others
    3. Corrosion Monitoring Market, By Sensor Type, 2021 - 2031 (USD Million)

      1. Electrical Resistance Sensors

      2. Electrochemical Sensors

      3. Acoustic Emission Sensors

      4. Ultrasonic Sensors

      5. Radio Frequency Identification (RFID) Sensors

    4. Corrosion Monitoring Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Chemicals
      3. Manufacturing
      4. Power Generation
      5. Pulp & Paper
      6. Others
    5. Corrosion Monitoring Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Honeywell International Inc
      2. Emerson Electric Co
      3. Endress+Hauser Group
      4. GE Inspection Technologies
      5. Intertek Group plc
      6. Baker Hughes Company
      7. Ametek Inc
      8. Siemens AG
      9. Schneider Electric
      10. Omega Engineering Inc
  7. Analyst Views
  8. Future Outlook of the Market