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Global Inspection Robots Market in the Oil and Gas Industry Market 2015-2019

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Oil and gas business stream
    • Market size and forecast
      • Table Global inspection robots market in oil and gas industry 2015-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
    • Market size and forecast
      • Table Global inspection ROV market in oil and gas industry 2015-2019 ($ millions)
      • Table Global inspection AUV market in oil and gas industry 2015-2019 ($ millions)
      • Table Global inspection UAV/UAS market in oil and gas industry 2015-2019 ($ millions)
      • Table Global inspection UGV/UMV market in oil and gas industry 2015-2019 ($ millions)
  • Geographical segmentation
    • Table Global inspection robots in oil and gas by geography 2014-2019
    • Americas
      • Table Inspection robots market in oil and gas industry in Americas ($ millions)
    • APAC
      • Table Inspection robots market in oil and gas industry in APAC ($ millions)
    • EMEA
      • Table Inspection robots market in oil and gas industry in EMEA ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • ALSTOM Inspection Robotics
      • Table ALSTOM Inspection Robotics: Product segmentation
    • Honeybee Robotics
      • Table Honeybee Robotics: Product segmentation
    • Inuktun
      • Table Inuktun: Product segmentation 2014
  • Appendix
    • List of abbreviation
  • Explore Technavio

Global Inspection Robots Market in the Oil and Gas Industry Market 2015-2019

About inspection robots

A robot is a machine designed to perform one or more complex tasks precisily and accuratly with minimum supervision. An inspection robot is used for the purpose of inspection, monitoring, and surveillance. All structures in the oil and gas industry throughout their operational life are exposed to harsh environments, such as extreme temperatures, high pressure, and corrosive chemicals, leading to heavy wear and tear, causing leakages, cracks, and dents.

Inspection robots play an important part in the oil and gas industry by taking the invaluable role of inspection, monitoring, and surveillance of complex structures in oil and gas, and, thereby, averting any disasters that may occur otherwise. The use of these robots help in reducing human intervention, increase operational efficiency, reduces cost and improves safety.

Technavio's analysts forecast the global inspection robots market in the oil and gas industry to grow at a CAGR of 20.46% over the period 2014-2019.

Covered in this report

The report covers the current scenario and the growth prospects of the global inspection robots market in the oil and gas industry for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sales of various inspection robots in the oil and gas industry.

The market is divided into the following segments based on product types:

  • Remotely operated vehicles
  • Autonomous underwater vehicles
  • Unmanned aerial vehicles
  • Unmanned ground vehicles
Technavio's report, Global Inspection Robots Market in Oil and Gas Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, APAC and EMEA; it also covers the landscape of the global inspection robots market in the oil and gas industry and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
  • Americas
  • APAC
  • EMEA
Key vendors
  • Alstom Inspection Robots
  • Honeybee Robotics
  • Inuctun Services
Other prominent vendors
  • FMC Technologies
  • Hydrovision
  • IKM Subsea
  • International Submarine Engineering
Key market driver
  • Increased offshore drilling
  • For a full, detailed list, view our report
Key market challenge
  • High cost of maintenance
  • For a full, detailed list, view our report
Key market trend
  • Focus on developing application-specific sensors
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Inspection Robots Market in Oil and Gas Industry 2015-2019
Technavio recognizes the following companies as the key players in the Global Inspection Robots Market in Oil and Gas Industry: Alstom Inspection Robots, Honeybee Robotics and Inuctun Services
Other Prominent Vendors in the market are: FMC Technologies, Hydrovision, IKM Subsea and International Submarine Engineering
Commenting on the report, an analyst from Technavio’s team said: “Companies are diverting substantial funds to innovate and improve the quality and technology of sensors and achieve a better competitive market edge. For example, in collaboration with the oil and gas giant Shell, Carnegie Mellon University developed the Sensabot especially to withstand severe weather and extremes of temperatures with numerous sensors to inspect oil and gas equipment and over ground pipelines.”
According to the report, the increase in offshore drilling activity is one of the major drivers in the global inspection robots market in the oil and gas industry. There is increased interest in extracting oil and gas from offshore to ensure supply to meet the increasing worldwide demand especially due to the continued depletion of onshore resources. Offshore oil and gas explorations represent an untapped yet expensive and inaccessible supply of valuable resources.
Further, the report states that the ROV has some disadvantages like limited depth range due to the limitation of the length of the umbilical cable. It may not be feasible to operate in shallow waters as the equipment needs a hard boat to operate. The equipment may also not be able to function well in areas with strong water currents and water turbulence. ROVs can themselves interfere with the water sediments.

Companies Mentioned

Subway, McDonalds, Burger King, Yum Brands,Ajisen Ramen, Arby's Restaurant, Captain D’s, Chipotle Mexican Grill, CKE Restaurants, Del Taco, Domino's Pizza, Dunkin' Donuts, In-N-Out Burgers, Jack in the Box, Jollibee Foods, Krispy Kreme Doughnuts, MOS Food, Mr. Lee, Panera Bread, Popeyes Louisiana Kitchen, Sonic, Starbucks, Wendy's, Whataburger, White Castle.

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