Inspection robotics in oil & gas industry are robots and intelligent devices developed and employed for inspecting, monitoring and surveying oil & gas pipelines, platforms, rigs, storage tanks and other oil & gas structures.
Oil & gas inspection robots include unmanned underwater vehicles (UUVs), unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and smart PIGs among others.
UUVs include remotely operated underwater vehicles (ROVs) and autonomous underwater vehicles (AUVs). Global cumulative Capex (capital expenditure) of inspection robots in oil & gas industry will advance to $17.83 billion during 2019-2025, representing a robust growth at 15.9% per annum between 2018 and 2025.
The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025. (Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)
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In-depth qualitative analyses include identification and investigation of the following aspects:
> Market Structure
> Growth Drivers
> Restraints and Challenges
> Emerging Product Trends & Market Opportunities
> Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global oil & gas inspection robotics market in every aspect of the classification from perspectives of Robot Type, Application, System Component and Region.
Based on robot type, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.
> Smart PIGs
Based on application, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.
> Oil and Gas Pipelines
> Oil Storage Tanks
> Other Oil and Gas Structures
Based on system component, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.
> Hardware System (further split into Imaging System, Sensors and Automation Systems, Steering and Positioning, Navigation System, Energy and Propulsion, others)
> Software System
> Operation and Service
Geographically, the following regions together with the listed national markets are fully investigated:
> APAC (Japan, China, Indonesia, Australia, India, and Rest of APAC)
> Europe (Germany, UK, Norway, Russia, Rest of Europe)
> North America (U.S. and Canada)
> Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
> Africa (Nigeria, Angola)
> Middle East (Saudi Arabia, United Arab Emirates)
For each of the aforementioned regions and countries, detailed analysis and data for annual capex are available for 2014-2025. The breakdown of all regional markets by country and split of key national markets by Robot Type and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles key robotics vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global oil & gas inspection robot market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Alstom Inspection Robots
Cyberhawk Innovations Ltd.
FMC Technologies Inc.
IKM Subsea AS
ING Robotic Aviation
International Submarine Engineering (ISE) Ltd.
Inuktun Services Ltd.
MISTRAS Group Inc.
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