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Inspection and Maintenance Robot Market

Inspection And Maintenance Robot Market Size, Share & Segments By Type (Autonomous, Remotely Operated), By Application (Oil & Gas, Food & Beverage, Utility, Others), By Type (Loader, Cranes, Forklift, Excavator, Dozers, Others), By Component (Hardware, Software), and By Regions | Global Market Forecast 2022-2028

Report Id: SNS/SEMI/1364 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Inspection and Maintenance Robot Market was valued at USD 2.4 billion in 2021 and is expected to reach USD 6.31 billion by 2028, and grow at a CAGR of 14.75% over the forecast period 2022-2028.

Inspection and Maintenance Robot is the use of robots in difficult places or sites to lower the danger of human resource health while also increasing activity. Furthermore, monitoring and care entails time-consuming and repeated chores. As a result, robots are employed to cut expenses, minimize tiredness, and increase efficiency. The market need for robotic testing and repair is driven by rapid technology advancements, labor-related dangers associated with hazardous regions, environmental and economic safety, and the growing demand for automation.

Inspection and Maintenance Robot Market Revenue Graph

Inspection and maintenance robots are machines that are used to evaluate the performance of complex systems in areas such as cleaning, power plants, aviation, and ships. Test robots and repair robots may travel by ship to different sites to test complicated systems. Additionally, robots can photograph repair facilities for professional analysis. As the desire for less expensive alternatives develops, so does the development of test and repair robots. Large-scale crop closures and a rise in the number of testing methods are driving market expansion.

Monitoring and care also include time-consuming and repetitive chores. As a result, robots are employed to cut expenses, minimize tiredness, and increase efficiency. The market need for robot inspection and maintenance is expanding as a result of rapid technology advancements, labor dangers connected with hazardous regions, environmental and economic safety, and the growing desire for automation.

MARKET DYNAMICS: 

KEY DRIVERS:

  • Cost effective method.

  • Adoption of robots in many sectors. 

  • Manage a difficult situation.

RESTRAINTS: 

  • This will be covered under the final version of the report.

OPPORTUNITIES: 

  • This will be covered under the final version of the report.

CHALLENGES: 

  • Machinery failure.

  • Halt business activities due to small issues.

IMPACT OF COVID-19:

The COVID-19 epidemic has had a global influence on the global industrial economy. The impact of the COVID-19 outbreak on various areas of the economy is continuously captured in statistics and reports. Furthermore, the COVID -19 outbreak has had an impact on the global inspection and maintenance robot market.

BASED ON TYPE

It was forecasted that it will increase at a quick rate. Independent robots are intelligent machines that work without the need for human intervention. They can work in hazardous environments where there is a high risk of explosion and testing is essential. As he walks along the route specified on the map, autonomous robots can collect data from sensors and relay photographs of tools, temperatures, and so on. As a result, robots are referred to as first-generation machines since they are capable of moving autonomously and accomplishing tasks without the assistance of humans.

BASED ON APPLICATION

Oil, Gas, and Petrochemical was expected to have the greatest share in the forecast period at the time of speculation. In the world of Inspection and Maintenance Robot, the oil and petrochemical gas category has the biggest market share. Because of the significant risk of pressurized explosions and toxic gases, the industry is an extremely dangerous place to work, especially when opening and closing box doors during operations. As a result of their vulnerability to human resources, robots are interfering with the testing and maintenance of industries such as oil and petrochemical.

COMPETITIVE LANDSCAPE:

The top players in the market are examined in this analysis, including their company strategy, financial status, and future products. Some key participants include: ULC Robotics, Eddyfi, JH Robotics, Inc., Oceaneering, Robotnik, LEO Robotics, Superdroid Robots, Inc., FARO Technologies, Inc., Cognex Group, Shell, Aetos Group, Ensign Bickford Industries, GE inspection Robotics, Gecko Robotics, Genesis Systems Group and Other.

Market Segmentation:

BY TYPE

  • Autonomous

  • Remotely Operated

BY APPLICATION

  • Oil & gas

  • Food & beverage

  • Utility

  • Others

BY COMPONENT

  • Hardware

  • Software

Inspection and Maintenance Robot Market Segment Pie Chart

REGIONAL ANALYSIS:

With a global market share of over 40%, Europe has the greatest market share of Inspection and Maintenance Robots. Due to the significant amount of money spent in Europe, particularly on machinery and exchange, demand is considerable. Due to its rapid economic growth, Europe has played a significant role in technological advancement and the deployment of robots. Robots are utilised in deep water for testing and maintenance, therefore market demand for experimental and experimental robots will increase in the European region between 2022 and 2028.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Inspection and Maintenance Robot Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 2.4 Billion
Market Size by 2028 US$ 6.31 Billion
CAGR CAGR of 14.75% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Autonomous, Remotely Operated)
• By Application (Oil & Gas, Food & Beverage, Utility, Others)
• By Type (Loader, Cranes, Forklift, Excavator, Dozers, Others)
• By Component (Hardware, Software)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles ULC Robotics, Eddyfi, JH Robotics, Inc., Oceaneering, Robotnik, LEO Robotics, Superdroid Robots, Inc., FARO Technologies, Inc., Cognex Group, Shell, Aetos Group, Ensign Bickford Industries, GE inspection Robotics, Gecko Robotics, Genesis Systems Group and Other.
Key Drivers • Cost effective method.
• Adoption of robots in many sectors. 


Frequently Asked Questions (FAQ) :

The Inspection and Maintanance Robot Market size was valued at 2.4 billion in 2021 at a CAGR of 14.7%.

The top players in the market are examined in this analysis, including their company strategy, financial status, and future products. Some key participants include ULC Robotics, Eddyfi, JH Robotics, Inc., Oceaneering, Robotnik, LEO Robotics, Superdroid Robots, Inc., FARO Technologies, Inc., Cognex Group, Shell, Aetos Group, Ensign Bickford Industries, GE inspection Robotics, Gecko Robotics, Genesis Systems Group and Other.

Cost effective method, Adoption of robots in many sectors and Manage a difficult situation are the drivers of the Maintanance Robot Market.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Inspection and Maintenance Robot Market Segmentation, by Type

8.1Introduction

8.2 Autonomous

8.3 Remotely Operated

8.4 Other

 

9. Global Inspection and Maintenance Robot Market Segmentation, by Application

9.1 Introduction

9.2 Oil & gas

9.3 Food & beverage

9.4 Utility

9.5 Others

 

10. Global Inspection and Maintenance Robot Market Segmentation, By Component

10.1 Introduction

10.2 Hardware

10.3 Software

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2    Canada

11.2.3    Mexico

11.3        Europe

11.3.1    Germany

11.3.2    UK

11.3.3    France

11.3.4    Italy

11.3.5    Spain

11.3.6    The Netherlands

11.3.7    Rest of Europe

11.4        Asia-Pacific

11.4.1    Japan

11.4.2    South Korea

11.4.3    China

11.4.4    India

11.4.5    Australia

11.4.6    Rest of Asia-Pacific

11.5        The Middle East & Africa

11.5.1    Israel

11.5.2    UAE

11.5.3    South Africa

11.5.4    Rest

11.6        Latin America

11.6.1    Brazil

11.6.2    Argentina

11.6.3    Rest of Latin America

 

12. Company Profiles

12.1 JH Robotics, Inc..

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 ULC Robotics

12.3 Eddyfi

12.4 Oceaneering

12.5 Robotnik

12.6 LEO Robotics

12.7 Superdroid Robots, Inc.

12.8 FARO Technologies, Inc.

12.9 Cognex Group

12.10 Shell

12.11 Aetos Group

12.12 Ensign Bickford Industries

12.13 GE inspection Robotics

12.14 Gecko Robotics

12.15 Genesis Systems Group

12.16 Other

 

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

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Secondary Research

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