Inspection Robotics Market - An important aspect for Automobile industry | AETOs, GE Inspection Robotics, Honeybee Robotics

Robots have found extensive applications for automating several repetitive industrial tasks. In conjunction with the development in the robotic vision systems and sensing, requirements for better production quality in the industrial manufacturing procedures and focus towards eliminating human errors in these operations have in turn led to significant growth of the inspection robotics market. Some of the major applications of these systems include inspection of water pipelines, high voltage transmission lines, bridges, and dams.

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Growth Factor:
Better production quality assessment in industry critical applications, specifically that including aerospace and oil & gas exploration form the basis of their applications. Introduction of human errors in these processes can threaten loss of million dollars or endanger multiple human lives. These applications for high accuracy are expected to garner consistent demands over the following few years. Moreover, high return on investment (ROI), owing to reduction in manual workforce expenses, 24-hour working capacities, less residual waste generation, and minimal human intervention requirement will provide considerable growth opportunities for the global inspections robotics market.

Global Inspection Robotics Market: Key Players
Key players in the global inspection robotics market include AETOs, GE Inspection Robotics, Honeybee Robotics, Inuktun Services, and Universal Robots.

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Global Inspection Robotics Market Taxonomy
On the basis of control types, the global inspection robotics market is classified into:
-Remotely operated vehicles (ROV)
-Autonomous

On the basis of end use industries, the global inspection robotics market is classified into:
-Oil & Gas
-Petrochemicals
-Food & beverage
-Aerospace & defense
-Power generation
-Others

On the basis of regions, the global inspection robotics market is classified into:
-North America
-Europe
-Asia Pacific
-Latin America
-Middle East
-Africa

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Asia Pacific is expected to dominate the industry through the forecast period, primarily owing to large production and sales in Japan, China, and South Korea. Other major regional markets include the U.S., Germany, and the U.K. The market is characterized by the presence of a relatively small number of original equipment manufacturers in comparison to other types of industrial robots. Most of the solution providers in the industry include system integrators and assemblers. Industry participants are expected to focus on innovation in order to gain strong industry foothold.

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