Inspection Robotics in Oil & Gas Market
Inspection Robotics in Oil & Gas Market Global Industry Assessment & Forecast
Segments Covered
- By Type ROVs, AUVs, UAVs, UGVs, Smart PIGs, Others
- By Application Oil and Gas Pipelines, Oil Storage Tanks, Platforms, Rigs, Other Oil and Gas Structures
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 1.1 Billion |
Revenue 2028: | 2.18 Billion |
Revenue CAGR (2021 - 2028): | 8.93 |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
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- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
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Type
Analysis: Preview On the basis of Type,
the market is segmented into ROVs, AUVs, UAVs, UGVs, Smart PIGs, Others. Virtual Appliance held the highest
share in the global Inspection Robotics in Oil & Gas
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. Application
Analysis: Preview
Based on Application,
the market is segmented into Oil and Gas Pipelines, Oil Storage Tanks, Platforms, Rigs, Other Oil and Gas Structures. Healthcare accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Inspection Robotics in Oil & Gas Market: Type Segment Analysis
-
- ROVs
- AUVs
- UAVs
- UGVs
- Smart PIGs
- Others
Global Inspection Robotics in Oil & Gas Market: Application Segment Analysis
-
- Oil and Gas Pipelines
- Oil Storage Tanks
- Platforms
- Rigs
- Other Oil and Gas Structures
FAQ
Frequently Asked Question
What is the global demand for Inspection Robotics in Oil & Gas in terms of revenue?
-
The global Inspection Robotics in Oil & Gas valued at 1.1 Billion in 2020 and is expected to reach 2.18 Billion in 2028 growing at a CAGR of 8.93%.
Which are the prominent players in the market?
-
The prominent players in the market are International Submarine Engineering (ISE) Ltd., Seegrid, VDOS, ECA Group, Cyberhawk Innovations Ltd., AeroVironment Inc., FMC Technologies Inc., ING Robotic Aviation, Hydrovision Ltd., Sky-Futures, OC Robotics, MISTRAS Group Inc., ABB Ltd., Inuktun Services Ltd., Flyability S.A., IKM Subsea AS, Alstom Inspection Robots, Honeybee Robotics..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.93% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Inspection Robotics in Oil & Gas include
- The rising investments in investigation, creation, and drilling exercises is anticipated to augment the growth of the inspection robotics in oil & gas market over the forecast period.
- The increase in number of upstream projects across the globe is further expected to support the growth of the inspection robotics in oil & gas market in the years to come.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Inspection Robotics in Oil & Gas in 2020.