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).

Market Insights

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 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.

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:

  • ROVs
  • AUVs
  • UAVs
  • UGVs
  • Smart PIGs
  • Others

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
  • Platforms
  • Rigs
  • 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:

  • Germany
  • UK
  • Norway
  • Russia
  • 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.

Key Players

  • ABB Ltd.
  • AeroVironment Inc.
  • Alstom Inspection Robots
  • Cyberhawk Innovations Ltd.
  • ECA Group
  • Flyability S.A.
  • 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

Key Topics Covered

1 Introduction

1.1 Industry Definition and Research Scope

1.1.1 Industry Definition

1.1.2 Research Scope

1.2 Research Methodology

1.2.1 Overview of Market Research Methodology

1.2.2 Market Assumption

1.2.3 Secondary Data

1.2.4 Primary Data

1.2.5 Data Filtration and Model Design

1.2.6 Market Size/Share Estimation

1.2.7 Research Limitations

1.3 Executive Summary

2 Market Overview and Qualitative Analysis

2.1 Market Size and Forecast

2.2 Major Growth Drivers

2.3 Market Restraints and Challenges

2.4 Emerging Opportunities and Market Trends

2.5 Porter's Fiver Forces Analysis

3 Analysis of Europe Market by Robot Type

3.1 Market Overview by Robot Type

3.2 Remotely Operated Vehicles (ROVs) for Oil & Gas Inspection: Europe Market 2014-2025

3.3 Autonomous Underwater Vehicles (AUVs) for Oil & Gas Inspection: Europe Market 2014-2025

3.4 Unmanned Aerial Vehicles (UAVs) for Oil & Gas Inspection: Europe Market 2014-2025

3.5 Unmanned Ground Vehicles (UGVs) for Oil & Gas Inspection: Europe Market 2014-2025

3.6 Smart PIGS for Oil & Gas Inspection: Europe Market 2014-2025

3.7 Other Robotics for Oil & Gas Inspection: Europe Market 2014-2025

4 Analysis of Europe Market by Application

4.1 Market Overview by Application

4.2 Oil and Gas Pipelines

4.3 Oil Storage Tanks

4.4 Oil & Gas Platforms

4.5 Oil & Gas Rigs

4.6 Other Oil and Gas Structures

5 Analysis of Europe Market by System Component

5.1 Market Overview by System Component

5.2 Oil & Gas Inspection Robot Hardware Market 2014-2025

5.2.1 Imaging System

5.2.2 Sensors and Automation Systems

5.2.3 Steering and Positioning

5.2.4 Navigation System

5.2.5 Energy and Propulsion

5.2.6 Other Hardware Components

5.3 Oil & Gas Inspection Robot Software Market 2014-2025

5.4 Oil & Gas Inspection Robot Operation and Service Market 2014-2025

6 European Market 2014-2025

6.1 Overview of European Market

6.2 Germany

6.3 UK

6.4 Norway

6.5 Russia

6.6 Rest of European Market

7 Competitive Landscape

7.1 Overview of Europe Vendors

7.2 Company Profiles

8 Investing in Europe Market: Risk Assessment and Management

8.1 Risk Evaluation of Europe Market

8.2 Critical Success Factors (CSFs)

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Related Topics:Gas,Oil,Robotics



SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 03/28/2019 06:55 AM/DISC: 03/28/2019 06:55 AM

Copyright Business Wire 2019.