
Robotics in Power - Thematic Intelligence
Description
Robotics in Power - Thematic Intelligence
Summary
Robotics is of growing importance across multiple industries, including the power sector. It is a crucial tool for keeping the operations of power companies functional and optimized. For example, robots enabled remote monitoring of power infrastructures at the height of the COVID-19 pandemic. Moreover, robots address the growing hurdles presented by an aging workforce in the power sector and are increasingly undertaking disruptive applications, such as speeding up the installation of renewable energy infrastructures and carrying out maintenance in hazardous spaces.
According to GlobalData forecasts, the global robotics industry, which was worth $45 billion in 2020, will grow to $568 billion by 2030 at a compound annual growth rate (CAGR) of 28.8%. GlobalData expects every segment of the robotics market to grow over the next decade with industrial robots functioning as the growth drivers from which innovation will spill over into other segments of the robotics value chain. Despite many emerging and exciting robotics use cases, there is still room for major innovation, especially as AI technologies develop intelligent industrial robots.
Key Highlights
Summary
Robotics is of growing importance across multiple industries, including the power sector. It is a crucial tool for keeping the operations of power companies functional and optimized. For example, robots enabled remote monitoring of power infrastructures at the height of the COVID-19 pandemic. Moreover, robots address the growing hurdles presented by an aging workforce in the power sector and are increasingly undertaking disruptive applications, such as speeding up the installation of renewable energy infrastructures and carrying out maintenance in hazardous spaces.
According to GlobalData forecasts, the global robotics industry, which was worth $45 billion in 2020, will grow to $568 billion by 2030 at a compound annual growth rate (CAGR) of 28.8%. GlobalData expects every segment of the robotics market to grow over the next decade with industrial robots functioning as the growth drivers from which innovation will spill over into other segments of the robotics value chain. Despite many emerging and exciting robotics use cases, there is still room for major innovation, especially as AI technologies develop intelligent industrial robots.
Key Highlights
- Detailed analysis of key challenges for the power industry including COVID-19, aging populations, and the energy transition.
- Forecasts to 2030 for the robotics market, divisioned into key segements of the robotics value chain for the power sector.
- Review of the segments of the robotics value chain to invest, explore, or ignore, for power players.
- The robotics in power timeline.
- The leading adopters of robots in the power sectors, the top specialist vendors for the power sector, and cross-sector robotics vendors.
- An overview of the robotics value chain including leaders and challengers for each sub-segment.
- A Breakdown of the key challenges in the power industry, and how robotics technologies can help to solve them.
- Market size and growth forecasts for robotics split into segments.
- Case studies showing the use cases for robotics across the power industry.
- Analysis of alternative data including company filing, patent, hiring, deal, and social media activity.
- A review of the leading adopters of robotics in the power industry, the specialist robotics vendors for the power industry, and the leading robotics vendors cross-industry.
- Thematic scorecards ranking leading power companies on their involvement in key themes, including robotics.
- Position yourself for success by understanding the ways in which robotics can help to solve the major challenges for the power industry, such as aging workforces, energy transition, and COVID-19.
- Identify the leading and specialist vendors of robotics solutions for the power industry. Discover what each vendor offers and who some of their existing clients are.
- Quickly identify attractive investment targets in the power industry by understanding which companies are most likely to be winners in the future based on our thematic scorecard.
- Gain a competitive advantage in the power industry over your competitors by understanding the potential of robotics solutions in the future.
Table of Contents
62 Pages
- Executive Summary
- Robotics Value Chain
- Key players in the robotics value chain
- Robot manufacturing
- Caged industrial robots
- Industrial co-bots
- Logistics robots (excluding drones)
- Medical robots
- Exoskeletons
- Consumer robots
- Drones
- Inspection, cleaning, and maintenance robots
- Field robots
- Defense and security robots (excluding drones)
- Hardware components
- Precision mechanical parts
- Semiconductors
- Software components
- Robotic intelligence
- Robotics as a service
- Cloud robotics
- The Impact of Robotics on the Power Sector
- The Impact of Robotics on the Power Sector’s Challenges
- Case Studies
- Sarcos Robotics aims to augment rather than replace human labor
- EDF and ORCA Hub partner to launch unique remotely operated vehicle
- National Grid pilots Boston Dynamics’ Spot robot for inspection
- Power companies investing in robotics education at all levels
- Data Analysis
- Market size and growth forecasts
- Key focus areas for power companies
- Mergers and acquisitions
- Patent trends
- Company filings trends
- Hiring trends
- Social media trends
- Robotics timeline
- Companies
- Leading robotics adopters in the power sector
- Leading robotics vendors
- Specialist robotics vendors in the power sector
- Sector Scorecard
- Power utilities sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our thematic research methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: The Impact of Robotics on the Power Sector’s Challenges
- Table 2: Power companies investing in robotics education at all levels
- Table 3: Mergers and acquisitions
- Table 4: Leading robotics adopters in the power sector
- Table 5: Leading robotics vendors
- Table 6: Specialist robotics vendors in the power sector
- Table 7: Glossary
- Table 8: GlobalData reports
- List of Figures
- Figure 1: Key players in the robotics value chain
- Figure 2: The robotics value chain
- Figure 3: Caged industrial robots
- Figure 4: Industrial co-bots
- Figure 5: Logistics robots (excluding drones)
- Figure 6: Medical robots
- Figure 7: Exoskeletons
- Figure 8: Consumer robots
- Figure 9: Drones
- Figure 10: Inspection, cleaning, and maintenance robots
- Figure 11: Field robots
- Figure 12: Defense and security robots (excluding drones)
- Figure 13: Precision mechanical parts
- Figure 14: Semiconductors
- Figure 15: Robotic intelligence
- Figure 16: Cloud robotics
- Figure 17: GlobalData’s Thematic Index identifies an upward trend in the impact of robotics in the power sector
- Figure 18: Robotics is impacting every stage of the power value chain
- Figure 19: Sarcos Robotics Guardian S and Sapien Robotic Arm (from left to right)
- Figure 20: A step toward autonomous offshore wind farms
- Figure 21: Boston Dynamics’ Spot robot is revolutionizing inspection
- Figure 22: The robotics industry will grow at a CAGR of 28.8% between 2020 and 2030
- Figure 23: All categories will experience growth between 2020 and 2030
- Figure 24: Inspection, cleaning, and maintenance robots are essential to power sector operations
- Figure 25: The number of robotics patents in the power sector grew by 297% between 2015 and 2021
- Figure 26: China is leading in robotics patents filed between January 2020 and October 2022
- Figure 27: Power companies are regularly mentioning robotics in their filings
- Figure 28: Robotics-related jobs continue to increase in the power sector
- Figure 29: Robotics-related social media posts have steadily increased
- Figure 30: The robotics story
- Figure 31: Who does what in the power utilities space?
- Figure 32: Thematic screen
- Figure 33: Valuation screen
- Figure 34: Risk screen
- Figure 35: Our five-step approach for generating a sector scorecard
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