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). Europe Capex (capital expenditure) of inspection robots in oil & gas industry reached $183.5 million in 2018 and is expected to grow at a two-digit CAGR over 2019-2025 driven by an increasing adoption of intelligent robotics in oil & gas inspection and surveillance across the region.
Highlighted with 20 tables and 37 figures, this 127-page report “Inspection Robotics in Oil & Gas Industry: Europe Market 2018-2025 by Robot Type, Application, System Component and Country” is based on a comprehensive research of the inspection robots market in oil & gas industry by analyzing the entire regional market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. 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.)
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 Europe market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify Europe oil & gas inspection robotics market in every aspect of the classification from perspectives of Robot Type, Application, System Component and Country.
Based on robot type, the Europe 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 Europe 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 Europe 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 national markets are fully investigated:
- Rest of Europe
For each of the aforementioned countries, detailed analysis and data for annual capex are available for 2014-2025. The breakdown 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 oil & gas inspection robot vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Europe 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.
- 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
(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.)