Press release
Inspection Robotics in Oil & Gas Industry: Market Will Witness Substantial Growth in the Upcoming years by 2025 | Inuktun Services Ltd., MISTRAS Group Inc., OC Robotics
Global market research firm Report Ocean is delighted to announce its new report on the Inspection Robotics in Oil & Gas Industry: Market, forecast for 2018-2025. This report covers all aspects of the market and provides data on current trends.This report provides detailed information about the structure and business outlook of global and regional industries. In addition, the study includes important information on research and development, new product launches, product responses, and regional growth of the leading players in the market on a global and local level. The structured analysis includes a graphical and diagrammatic representation of the global Inspection Robotics in Oil & Gas Industry: Market with specific geographical regions.
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.
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The global Inspection Robotics in Oil & Gas Industry: Market market research examines the factors responsible for its growth. The report identifies trends, influencing factors, and restraints that affect the market favorably or unfavorably. A section on the market also discusses various segments and applications that could impact the market in the future. It contains detailed information about the latest trends and previous milestones.
The Inspection Robotics in Oil & Gas Industry: The market report provides a comprehensive overview of the worldwide market by presenting future developments, business opportunities, upcoming events, and future plans. In addition, the report includes information on the top companies, their marketing strategies, company profiles, the most recent developments, distribution channels, product portfolios, and marketing strategies. Moreover, the report provides an in-depth analysis of different parameters, including direct and indirect competition, strength and weaknesses of major competitors, value, business distribution, income, and obstacles, in order for the customer to better evaluate their competitors.
Impact Analysis of COVID-19:
• Global Inspection Robotics in Oil & Gas Industry: Market, experts, have examined the effects of COVID-19 and its aftermath.
• The WHO declared an emergency after discovering new strains of Covid-19 in different countries. A Coronavirus outbreak is already negatively impacting the global Inspection Robotics in Oil & Gas Industry: Market, and it will have a heavy impact in the future.
• Following the outbreak, the country encountered a number of changes, including travel bans, quarantines, flight cancellations, restrictions on indoor events, restaurant closures, business closures, a decrease in business confidence, fluctuating stock prices, and an increase in panic among residents.
• A comparative analysis of the global financial and economic crisis outlines both its advantages and its disadvantages.
• The market has managed to maintain a positive outlook despite the severe recession that hit it. An array of funding options are emerging as the global market tries to sustain itself with regional platforms.
Regional Insights:
The report analyzes the global Inspection Robotics in Oil & Gas Industry: Market geographically. Also included is an evaluation of the top vendors in the Inspection Robotics in Oil & Gas Industry: Market. On a regional and global basis, the report analyses the competitive landscape of the top players in the industry. The report discusses key developments in the Inspection Robotics in Oil & Gas Industry: Market, fundamental growth trends for each segment, and strategic planning for companies preparing for international competition.
Leading Competitors:
The leading prominent companies profiled in the global Inspection Robotics in Oil & Gas Industry: Market are:
ABB Ltd.
AeroVironment, Inc.
Alstom Inspection Robots
Cyberhawk Innovations Ltd.
ECA Group
Flyability SA
FMC Technologies Inc.
Honeybee Robotics
Hydrovision Ltd.
IKM Subsea AS
ING Robotic Aviation
International Submarine Engineering (ISE) Ltd.
Inuktun Services Ltd.
MISTRAS Group Inc.
OC Robotics
Seegrid
Sky-Futures
VDOS
Scope of the Report:
The global Inspection Robotics in Oil & Gas Industry: Market segmentation focuses on:
Based on robot type:
> ROVs
> AUVs
> UAVs
> UGVs
> Smart PIGs
> Others
Based on application:
> Oil and Gas Pipelines
> Oil Storage Tanks
> Platforms
> Rigs
> Other Oil and Gas Structures
Based on system component:
> 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
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About Report Ocean:
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