North America Positive Material Identification Market – Industry Analysis and Market Forecast (2017-2024)
North America Positive Material Identification Market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).
Positive Material Identification or PMI involves the analysis of any metallic alloy for establishing its composition by reading the quantities present through the percentage of the available constituent elements. Usual methods for understanding and analyzing the PMI include X-ray fluorescence and optical emission spectrometry.
The North America market for Positive Material Identification is segmented into technique, form factor, offering, and industry. Based on technique, the market is bifurcated into optical emission spectrometry (OES), and x-ray fluorescence (XRF). Considering the form factor segment, the market is divided into benchtop analyzers and portable analyzers. Aerospace & defense, oil & gas, metals & heavy machinery, infrastructure, automotive, scrap recycling, chemicals, power generation, and pharmaceutical are the various industry verticals that are catered by the North America Positive Material Identification market. By offering the market is classified into services and equipment.
It is seen that across the global oil and gas industry, substantial effort has been focused on prevention of the release of very hazardous chemicals or toxic substances. Different fatal accidents or the injuries that include the leaks, premature pipe replacements, and unplanned outages at refineries, loss of property, chemical plants and gas processing facilities can be traced. It is traced down to the equipment failures caused either due to faulty or the forged metal building components. It may also involve the sulfidic corrosion of piping and equipment that caused by material which do not meet the desired specifications that together acts as a few key drivers for the market growth.
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The flow-accelerated corrosion also termed as FAC, is a familiar source of complications in nuclear as well as fossil-fuel power plants. As the industrial safety regulations become gradually more stringent, the positive material identification of alloys used during the plant has become a necessity. Manufactures are performing material verification for PMI in metal fabrication environments in industries. The elemental analysis of piping or the equipment with specific analyzers offers a perfect solution for guaranteeing quality assurance in case of selected components. It helps in monitoring the trace of alloy content within carbon steel piping where the sulfidation, as well as the HF corrosion, are a concern.
North America is one of the major markets for Positive Material Identification globally where U.S. and Canada are the two major regions profiled under this report. The growing focus on improving oil & gas sector as well as the rise in stringent government regulations to curb pollution given by the industries are some of the major factors that are driving the market growth.
Key Highlights:
• North America Positive Material Identification market size analysis and forecast
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the North America Positive Material Identification market
• Positive Material Identification market segmentation on the basis of technique, form factor, offering, industry, and geography
• North America Positive Material Identification Market strategic analysis with respect to individual growth trends, future prospects along witthe h contribution of various sub-market stakeholders have been considered under the scope othe f study
• North America Positive Material Identification Market analysis and forecast for major countries has been provided.
• Profiling of key industry players, their strategic perspective, market positioning and analysis of core competencies
• Competitive landscape of the key players operating in the North America Positive Material Identification Market including competitive developments, investments, and strategic expansion
Years that have been considered for the study are as follows:
• Base Year – 2016
• Estimated Year – 2017
• Forecast Period – 2017 to 2024
For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered.
Research Methodology:
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at the country level to get the fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the market value for North America Positive Material Identification Market
Some of the key players of the North America Positive Material Identification market include:
• Olympus
• Hitachi
• Thermo Fisher
• Ametek
• Bruker
• Shimadzu
• SGS
• Intertek
• Bureau Veritas
• TUV SUD
Key Target Audience:
• PMI testing equipment rental providers
• Raw material and component providers
• Original equipment manufacturers (OEMs)
• End-users/enterprise-users
• Research institutes and organizations
• Government bodies, venture capitalists, and private equity firms
• Market research and consulting firms
• Enterprise data center professionals
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The scope of the North America Positive Material Identification Market:
The research report segments North America Positive Material Identification market based on technique, offering, form factor, industry, and geography.
North America Positive Material Identification Market, By Offering:
• Services
• Equipment
North America Positive Material Identification Market, By Technique:
• Optical Emission Spectrometry (OES)
• X-Ray Fluorescence (XRF)
North America Positive Material Identification Market, By Form Factor:
• Benchtop Analyzers
• Portable Analyzers
North America Positive Material Identification Market, By Industry:
• Aerospace & Defense
• Oil & Gas
• Metals & Heavy Machinery
• Infrastructure
• Automotive
• Scrap Recycling
• Chemicals
• Power Generation
• Pharmaceutical
North America Positive Material Identification Market, By Geography:
• North America
• US
• Canada
Geographic Analysis:
• Breakdown of US Positive Material Identification market
• Breakdown of Canada Positive Material Identification market
Available Customizations:
Maximize Market Research offers customizations of reports according to the specific requirement of our clients
MAJOR TOC OF THE REPORT
1. EXECUTIVE SUMMARY
2. RESEARCH METHODOLOGY
2.1. Market Definition
2.2. Market Scope
2.3. Data Sources
3. MARKET VARIABLES & SCOPE
3.1. Market Segmentation & Scope
3.2. Market Driver Analysis
3.3. Market Restraint Analysis
3.4. Penetration &Growth Prospect Mapping
4. NORTH AMERICA POSITIVE MATERIAL IDENTIFICATION TECHNIQUE ESTIMATES & TREND ANALYSIS (2016 – 2024)
4.1. Positive Material Identification Market: Technique Analysis
4.2. Optical Emission Spectrometry (OES)
4.2.1. Optical Emission Spectrometry (OES) market, 2016 – 2024 (USD Billion)
4.3. X-Ray Fluorescence (XRF)
4.3.1. X-Ray Fluorescence (XRF) market, 2016 – 2024 (USD Billion)
5. NORTH AMERICA POSITIVE MATERIAL IDENTIFICATION OFFERING ESTIMATES & TREND ANALYSIS (2016 – 2024)
5.1. Positive Material Identification Market: Offering Analysis
5.2. Positive Material Identification Services
5.2.1. Positive Material Identification Services market, 2016 – 2024 (USD Billion)
5.3. Positive Material Identification Equipment
5.3.1. Positive Material Identification Equipment market, 2016 – 2024 (USD Billion)
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