The Global Inspection and Maintenance Robot market bolstering the market growth owing to emerging industries and hazardous risk involved
The Global inspection and maintenance robot market will grow USD 3.5 billion at bolstering CAGR in the forecast period from 2020-2027. To ensure the safety of the environment, economic condition, and human resources, the demand for inspection and maintenance of robot technology is propelling in the market.
The robots designed with unique structure, hardware, and software, thus making it suitable to work under explosive situations and inspect the area adequately. Also, the robots adopted in many industries where there is high risk involved, and repetitive operations are required. Thus, the inspection and maintenance technology of robots used to perform work efficiently and reduce the work as well.
Moreover, the robots are designed under the industrial guidelines so that it can perform well in harsh dust and dangerous environmental surroundings. Therefore, it helps in saving the lives of humans and adds value in aiding the environment from harmful side effects.
Type Overview in the Global Inspection and Maintenance Robot Market
Based on the type, the global inspection and maintenance robot market bifurcated into Autonomous, Remotely Operated. The Autonomous segment has captured the highest market value in the global inspection and maintenance robot market in the forecast period from 2020-2027. The autonomous robots work without any intervention of humans and can perform a highly complex task. Thus, it mainly used for the repetitive operation to improve effectiveness and reduce cost.
Component Overview in the Global Inspection and Maintenance Robot Market
Based on the component, the global inspection and maintenance robot market attributed to hardware and software. The software segment has dominated the market share of the global inspection and maintenance robot market. The advancement in technology has reduced the chances of error and improve the efficiency in the work. Thus, various software installed in the robot helps in analyzing and projecting the situation better way. It shares the picture of the site, gas indicators, and others while working to site.
End-use Overview in the Global Inspection and Maintenance Robot Market
Based on the End-use, the global inspection and maintenance robot market classified into Oil gas & Petrochemical, Food and Beverages, Utility, Others. The oil and petrochemical industry has dominated the market share of the global inspection and maintenance robot market. It is mainly owing to the risk associated with work in the industry, like petrochemical and oil gas. There are always high chances of the explosion, and sometimes while cleaning the product, there are high chances of spreading inflammation gases. Therefore, robots are adopted in this kind of work to save the personnel, environment as well as economic conditions.
Region Overview in the Global Inspection and Maintenance Robot Market
Based on geography, the global inspection and maintenance robot market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The European region will be expecting to witness the highest growth during the forecast period from 2020-2027. It is owing to rising disposable income, growing need for inspection, and maintenance for the industry like oil gas and petrochemical, underwater, and mining purposes. Thus, Europe will help in raising the market share of the inspection and maintenance robot market.
Global Inspection and Maintenance Robot Market: Competitive Landscape
Companies such as Cognex Group, FARO Technologies, Inc., Oceaneering, Shell, Aetos Group, Ensign-Bickford Industries Inc., Eddyfi NDT Inc., GE inspection Robotics (a joint venture of GE Power services and the Swiss Federal Institute of Technology), Gecko Robotics, Genesis Systems Group, JH Robotics, Inc., LEO, Robotics, Robotnik, Superdroid Robots, Inc., and ULC robotics and others are key players in the global inspection and maintenance robot market.
Global Inspection and Maintenance Robot Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porter's Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis
5. Global Inspection and Maintenance Robot Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Type
5.2.1.1. Autonomous
5.2.1.2. Remotely Operated
5.2.2. By Component
5.2.2.1. Hardware
5.2.2.2. Software
5.2.3. By End-User
5.2.3.1. Oil gas & Petrochemical
5.2.3.2. Food and Beverages
5.2.3.3. Utility
5.2.3.4. Others
5.2.4. By Region
5.2.4.1. Europe
5.2.4.2. North America
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. Europe Inspection and Maintenance Robot Market Overview
6.1. Europe Inspection and Maintenance Robot Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. Europe Inspection and Maintenance Robot Market Share & Forecast, 2016-2027
6.2.1. By Type
6.2.1.1. Autonomous
6.2.1.2. Remotely Operated
6.2.2. By Component
6.2.2.1. Hardware
6.2.2.2. Software
6.2.3. By End-User
6.2.3.1. Oil gas & Petrochemical
6.2.3.2. Food and Beverages
6.2.3.3. Utility
6.2.3.4. Others
6.2.4. By Country
6.2.4.1. Germany
6.2.4.2. UK
6.2.4.3. France
6.2.4.4. Italy
6.2.4.5. Rest of Europe
6.2.5. Company Market Share (Top 3-5)
6.2.6. Economic Impact Study on Europe Inspection and Maintenance Robot Market
7. North America Inspection and Maintenance Robot Market Overview
7.1. North America Inspection and Maintenance Robot Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. North America Inspection and Maintenance Robot Market Share & Forecast, 2016-2027
7.2.1. By Type
7.2.1.1. Autonomous
7.2.1.2. Remotely Operated
7.2.2. By Component
7.2.2.1. Hardware
7.2.2.2. Software
7.2.3. By End-User
7.2.3.1. Oil gas & Petrochemical
7.2.3.2. Food and Beverages
7.2.3.3. Utility
7.2.3.4. Others
7.2.4. By Country
7.2.4.1. US
7.2.4.2. Canada
7.2.4.3. Mexico
7.2.5. Company Market Share (Top 3-5)
7.2.6. Economic Impact Study on North America Inspection and Maintenance Robot Market
8. Asia Pacific Inspection and Maintenance Robot Overview
8.1. Asia Pacific Inspection and Maintenance Robot Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Inspection and Maintenance Robot Market Share & Forecast, 2016-2027
8.2.1. By Type
8.2.1.1. Autonomous
8.2.1.2. Remotely Operated
8.2.2. By Component
8.2.2.1. Hardware
8.2.2.2. Software
8.2.3. By End-User
8.2.3.1. Oil gas & Petrochemical
8.2.3.2. Food and Beverages
8.2.3.3. Utility
8.2.3.4. Others
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. Company Market Share (Top 3-5)
8.2.6. Economic Impact Study on Asia Pacific Inspection and Maintenance Robot Market
9. South America Inspection and Maintenance Robot Market Overview
9.1. South America Inspection and Maintenance Robot Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. South America Inspection and Maintenance Robot Market Share & Forecast, 2016-2027
9.2.1. By Type
9.2.1.1. Autonomous
9.2.1.2. Remotely Operated
9.2.2. By Component
9.2.2.1. Hardware
9.2.2.2. Software
9.2.3. By End-User
9.2.3.1. Oil gas & Petrochemical
9.2.3.2. Food and Beverages
9.2.3.3. Utility
9.2.3.4. Others
9.2.4. By Country
9.2.4.1. Brazil
9.2.4.2. Argentina
9.2.4.3. Rest of South America
9.2.5. Company Market Share (Top 3-5)
9.2.6. Economic Impact Study on South America Inspection and Maintenance Robot Market
10. Middle East & Africa Inspection and Maintenance Robot Market Overview
10.1. Middle East & Africa Inspection and Maintenance Robot Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.2. Middle East & Africa Inspection and Maintenance Robot Market Share & Forecast, 2016-2027
10.2.1. By Type
10.2.1.1. Autonomous
10.2.1.2. Remotely Operated
10.2.2. By Component
10.2.2.1. Hardware
10.2.2.2. Software
10.2.3. By End-User
10.2.3.1. Oil gas & Petrochemical
10.2.3.2. Food and Beverages
10.2.3.3. Utility
10.2.3.4. Others
10.2.4. By Country
10.2.4.1. Saudi Arabia
10.2.4.2. UAE
10.2.4.3. South Africa
10.2.4.4. Rest of Middle East & Africa
10.2.5. Company Market Share (Top 3-5)
10.2.6. Economic Impact Study on Middle East & Africa Inspection and Maintenance Robot Market
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1.1. Cognex Group
11.7.1.2. FARO Technologies, Inc.
11.7.1.3. Oceaneering, Shell
11.7.1.4. Aetos Group
11.7.1.5. Ensign-Bickford Industries Inc.
11.7.1.6. Eddyfi NDT Inc.
11.7.1.7. GE inspection Robotics
11.7.1.8. Gecko Robotics
11.7.1.9. Genesis Systems Group
11.7.1.10. JH Robotics, Inc.
11.7.1.11. LEO
11.7.1.12. Robotics
11.7.1.13. Robotnik
11.7.1.14. Superdroid Robots, Inc
11.7.1.15. ULC robotics
11.7.1.16. Other players
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