Global Inspection and Maintenance Robot Market - Analysis and Forecast, 2020-2025

Focus on Type, Component, and End User

Published Year: 2020
SKU: SA00823SA

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Report description

The report constitutes an extensive study of the global inspection and maintenance robot market. The report focuses largely on pro

Scope of the Global Inspection and Maintenance Robot Market

The report constitutes an extensive study of the global inspection and maintenance robot market. The report focuses largely on providing market information for inspection robots by covering different segments such as type of robot (based on autonomy), end user, components and region. In addition to this, the study focuses on the major driving forces, restraints, and growth opportunities. The major players have been identified on the basis of their revenue generation, geographical presence, and company projects related to the deep space exploration and technology market. 

Details of company profiles have been included in order to understand the strategic behaviors of the market players. The global inspection and maintenance robot market is further explained and analyzed based on region, North America, Europe, Asia-Pacific, and Rest-of-the-World. Moreover, the country analysis has also been done in order to have a clear picture of the inspection and maintenance robot market.

Global Inspection And Maintenance Robot Market

Source: Secondary Research and BIS Research Analysis 

Key Companies in the Global Inspection and Maintenance Robot Market

The key market players in the global inspection and maintenance robot market include Cognex Group, FARO Technologies, Inc., Oceaneering, Shell, Aetos Group, Ensign-Bickford Industries Inc., Eddyfi NDT Inc., GE inspection Robotics (joint venture of GE Power services and the Swiss Federal Institute of Technology), Gecko Robotics, Genesis Systems Group, JH Robotics, Inc., LEO, Robotics, Robotnik, Superdroid Robots, Inc., and ULC robotics, among others.

Key Questions Answered in this Report:

What are the growth opportunities for inspection and maintenance robots for different end users and regions?

•    What are the growth opportunities for inspection and maintenance robots for different end users and regions?
•    What is the revenue generated by different types of inspection and maintenance robot during the forecast period 2020-2025? 
•    What is the revenue generated by different regions such as North America, Europe, Asia-Pacific, and Rest-of-the-World (RoW) during the forecast period 2020-2025? 
•    Which are the key companies currently operating in the global inspection and maintenance robot market?
•    Which global factors are expected to impact the global inspection and maintenance robot market in the next 5 years?
•    What are the key developments by the global inspection and maintenance robot market players.

Market Overview

The Inspection and Maintenance Robot Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 12.73%

Global Inspection and Maintenance Robot Market Forecast, 2020-2025

Global Inspection And Maintenance Robot Market

The Inspection and Maintenance Robot Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 12.73% on the basis of value during the forecast period from 2020 to 2025. Europe dominated the global inspection and maintenance robot market with a share of 40% by value in 2019. Europe, including the major countries, such as France, Germany, U.K., and Spain are the most prominent region for the inspection and maintenance robot market. In Europe, France acquired a major market share in 2019 due to the advancement of offshore technologies and increasing deep water inspections in the country.

The global inspection and maintenance robot market has gained widespread importance owing to the growing need of inspection in hazardous environment and in confined spaces. However, consumer’s acceptance is a challenge and sensitivity of robots are some of the factors that are restraining the market growth.

Expert Quote

“The global inspection and maintenance robot market is expected to witness a high growth rate during the forecast period 2020-2025 owing to the growing usage of robots in emerging countries for safety purposes and low cost of inspection using robotic technology. However, the lack of customer's acceptance toward autonomous robotics technology act as the major challenge for the market. The rising demand for offshore drilling applications is expected to create viable opportunities for the inspection and maintenance robot market.”

Table of Contents

Global Inspection and Maintenance Robot Market (by Component)

         6.1    Market Overview
         6.2    Hardware
                  6.2.1    Camera
                  6.2.2    Sensor
                  6.2.3    Scanner
                  6.2.4    Others
         6.3    Software

Global Inspection and Maintenance Robot Market (by End User)

         7.1    Market Overview
         7.2    Oil, Gas, and Petrochemical
         7.3    Food and Beverages
         7.4    Utilities
         7.5    Others

Global Inspection and Maintenance Robot Market (by Region)

         8.1    Market Overview
         8.2    North America
                  8.2.1    North America Inspection and Maintenance Robot Market (by Type)
                  8.2.2    North America Inspection and Maintenance Robot Market (by End User)
                  8.2.3    North America Inspection and Maintenance Robot Market (by Country)
                              8.2.3.1    U.S.
                              8.2.3.2    Canada
         8.3    Europe
                  8.3.1    Europe Inspection and Maintenance Robot Market (by Type)
                  8.3.2    Europe Inspection and Maintenance Robot Market (by End User)
                  8.3.3    Europe Inspection and Maintenance Robot Market (by Country)
                              8.3.3.1    U.K.
                              8.3.3.2    Germany
                              8.3.3.3    France
                              8.3.3.4    Spain
                              8.3.3.5    Rest-of-Europe
         8.4    Asia-Pacific
                  8.4.1    Asia-Pacific Inspection and Maintenance Robot Market (by Type)
                  8.4.2    Asia-Pacific Inspection and Maintenance Robot Market (by End User)
                  8.4.3    Asia-Pacific Inspection and Maintenance Robot Market (by Country)
                              8.4.3.1    China
                              8.4.3.2    Japan
                              8.4.3.3    South Korea
                              8.4.3.4    Australia
                              8.4.3.5    Rest-of-Asia-Pacific
         8.5    Rest-of-the-World
                  8.5.1    Rest-of-the-World Inspection and Maintenance Robot Market (by Type)
                  8.5.2    Rest-of-the-World Inspection and Maintenance Robot Market (by End User)
                  8.5.3    Rest-of-the-World Inspection and Maintenance Robot Market (by Region)
                              8.5.3.1    Middle East
                              8.5.3.2    Latin America
 

Executive Summary

Market Dynamics

         1.1    Market Drivers
                  1.1.1    Growing Usage of Robots in Emerging Countries for Safety Purposes
                  1.1.2    Low Cost of Inspection Using Robotics Technology
         1.2    Market Challenges
                  1.2.1    Technological Downtime During Emergency or Planned Work
                  1.2.2    Lack of Customer’s Acceptance toward Autonomous Robotics Technology
         1.3    Market Opportunities
                  1.3.1    Rise of Artificial Intelligence (AI) in the Field of Robotics
                  1.3.2    Growing Demand in Offshore Drilling Applications
         1.4    Impact Analysis

Competitive Insights

         2.1    Key Strategies and Developments
                  2.1.1    Partnerships, Agreements, and Contracts
                  2.1.2    Acquisitions and Mergers
                  2.1.3    Product Launches
        2.2    Other Developments
        2.3    Competitive Benchmarking

Industry Analysis

         3.1    Industry Overview
         3.2    Leading Manufacturers and Products Mapping
         3.3    Artificial Intelligence and IoT in Inspection Robots
         3.4    Supply Chain Analysis
         3.5    Patent Analysis
         3.6    Industry Attractiveness – Porter’s Five Forces Analysis

Global Inspection and Maintenance Robot Market

         4.1    Assumptions and Limitations
         4.2    Market Overview

Global Inspection and Maintenance Robot Market (by Type)

         5.1    Market Overview
         5.2    Autonomous Robots
         5.3    Remotely Operated Robots

Company Profiles

          9.1    Aetos Group
                  9.1.1    Company Overview
                  9.1.2    Role of Aetos Group in the Global Inspection and Maintenance Robot Market
                  9.1.3    SWOT Analysis
         9.2    Cognex Group
                  9.2.1    Company Overview
                  9.2.2    Role of Cognex Group in the Global Inspection and Maintenance Robot Market
                  9.2.3    Financials
                  9.2.4    SWOT Analysis
         9.3    Eddyfi
                  9.3.1    Company Overview
                  9.3.2    Role of Eddyfi in the Global Inspection and Maintenance Robot Market
                  9.3.3    SWOT Analysis
         9.4    Ensign-Bickford Industries Inc.
                  9.4.1    Company Overview
                  9.4.2    Role of Ensign-Bickford Industries Inc. in the Global Inspection and Maintenance Robot Market
                  9.4.3    SWOT Analysis
         9.5    FARO Technologies, Inc.
                  9.5.1    Company Overview
                  9.5.2    Role of FARO Technologies, Inc. in the Global Inspection and Maintenance Robot Market
                  9.5.3    Financials
                  9.5.4    SWOT Analysis
         9.6    GE Inspection Robotics
                  9.6.1    Company Overview
                  9.6.2    Role of GE Inspection Robotics in the Global Inspection and Maintenance Robot Market
                  9.6.3    SWOT Analysis
         9.7    Gecko Robotics
                  9.7.1    Company Overview
                  9.7.2    Role of Gecko Robotics in the Global Inspection and Maintenance Robot Market
                  9.7.3    SWOT Analysis
        9.8    Genesis Systems
                  9.8.1    Company Overview
                  9.8.2    Role of Genesis Systems in the Global Inspection and Maintenance Robot Market
                  9.8.3    SWOT Analysis
         9.9    JH Robotics, Inc.
                  9.9.1    Company Overview
                  9.9.2    Role of JH Robotics, Inc. in the Global Inspection and Maintenance Robot Market
                  9.9.3    SWOT Analysis
        9.10   LEO Robotics
                  9.10.1    Company Overview
                  9.10.2    Role of LEO Robotics in the Global Inspection and Maintenance Robot Market
                  9.10.3    SWOT Analysis
        9.11   Oceaneering
                  9.11.1    Company Overview
                  9.11.2    Role of Oceaneering in the Global Inspection and Maintenance Robot Market
                  9.11.3    Financials
                  9.11.4    SWOT Analysis
        9.12   Robotnik
                  9.12.1    Company Overview
                  9.12.2    Role of Robotnik in the Global Inspection and Maintenance Robot Market
                  9.12.3    SWOT Analysis
        9.13   Royal Dutch Shell plc
                  9.13.1    Company Overview
                  9.13.2    Role of Royal Dutch Shell plc in the Global Inspection and Maintenance Robot Market
                  9.13.3    Financials
                  9.13.4    SWOT Analysis
        9.14   Superdroid Robots, Inc.
                  9.14.1    Company Overview
                  9.14.2    Role of Superdroid Robots, Inc. in the Global Inspection and Maintenance Robot Market
                  9.14.3    SWOT Analysis
        9.15   ULC Robotics
                  9.15.1    Company Overview
                  9.15.2    Role of ULC Robotics in the Global Inspection and Maintenance Robot Market
                  9.15.3    SWOT Analysis
        9.16   Other Key Companies

Report Scope and Methodology

           10.1    Scope of the Report
           10.2    Global Inspection and Maintenance Robot Market Research Methodology
 

Appendix

           11.1    Related Reports

List of Tables

Table 1.1:    Impact Analysis of Market Drivers
Table 1.2:    Impact Analysis of Market Challenges
Table 3.1:    Companies, Services or Products, Product Name, and Type of Product
Table 3.2:    Analyzing Threat from New Entrants in the Global Inspection and Maintenance Robot Market
Table 3.3:    Analyzing Threat from Substitute Products in the Global Inspection and Maintenance Robot Market
Table 3.4:    Analyzing Bargaining Power of Suppliers in the Global Inspection and Maintenance Robot Market
Table 3.5:    Analyzing Bargaining Power of Buyers in the Global Inspection and Maintenance Robot Market
Table 3.6:    Analyzing Intensity of Competitive Rivalry in the Global Inspection and Maintenance Robot Market
Table 5.1:    Global Inspection and Maintenance Robot Market (by Type), 2019-2025
Table 6.1:    Global Inspection and Maintenance Robot Market (by Component), 2019-2025
Table 7.1:    Global Inspection and Maintenance Market (by End User), Units,  2019-2025
Table 8.1:    Global Inspection and Maintenance Robot Market (by Region), $Million, 2019-2025
Table 8.2:    Global Inspection and Maintenance Robot Market (by Region), Units, 2019-2025
Table 8.3:    North America Inspection and Maintenance Market (by Type), Units, 2019-2025
Table 8.4:    Europe Inspection and Maintenance Market (by Type), $Million,  2019-2025
Table 8.5:    Europe Inspection and Maintenance Market (by Type), Units, 2019-2025
Table 8.6:    Europe Inspection and Maintenance Market (by End User), $Million, 2019-2025
Table 8.7:    Europe Inspection and Maintenance Robot Market (by Country), $Million, 2020-2025
Table 8.8:    Europe Inspection and Maintenance Robot Market (by Country), Units, 2019-2025
Table 8.9:    Asia-Pacific Inspection and Maintenance Market (by Type), $Million, 2019-2025
Table 8.10:    APAC Inspection and Maintenance Market (by Type), Units, 2019-2025
Table 8.11:    Asia-Pacific Inspection and Maintenance Market (by End User), $Million, 2019-2025
Table 8.12:    Asia-Pacific Inspection and Maintenance Robot Market (by Country), $Million, 2019-2025
Table 8.13:    Asia-Pacific Inspection and Maintenance Robot Market (by Country), Volume, 2019-2025
Table 8.14:    Rest-of-the-World Inspection and Maintenance Market, Volume and Value, 2019-2025
Table 8.15:    Rest-of-the-World Inspection and Maintenance Market (by Type), $Million, 2019-2025
Table 8.16:    Rest-of-the-World Inspection and Maintenance Market (by Type), Units, 2019-2025
Table 8.17:    Rest-of-the-World Inspection and Maintenance Market (by End User), $Million, 2019-2025
Table 9.1:    List of Other Key Companies

List of Figures

Figure 1:    Global Inspection and Maintenance Robot Market, Value ($Million), 2019 and 2025
Figure 2:    Global Inspection and Maintenance Robot Market, Volume (Units), 2019-2025
Figure 3:    Global Inspection and Maintenance Robot Market (by Type), Value ($Million),  2019 and 2025
Figure 4:    Global Inspection and Maintenance Robot Market (by Component), Value ($Million), 2019 and 2025
Figure 5:    Global Inspection and Maintenance Robot Market (by End User), Value ($Million), 2019 and 2025
Figure 6:    Global Inspection and Maintenance Robot Market (by Region), Value ($Million), 2019
Figure 1.1:    Market Dynamics Snapshot
Figure 1.2:    Unit Sales of Professional Service Robot
Figure 1.3:    Robot Prices vs. Labor Cost Index
Figure 1.4:    Regional Share of Global Labor Force (%), 2018
Figure 2.1:    Key Strategies Adopted by Market Players
Figure 2.2:    Percentage Share of Strategies Adopted by the Market Players, 2016-2019
Figure 2.3:    Partnerships, Agreements, and Contracts by Key Market Players, 2016-2019
Figure 2.4:    Acquisitions and Mergers by Key Market Players, 2016-2019
Figure 2.5:    Product Launches by the Key Market Players, 2016-2019
Figure 2.6:    Other Developments
Figure 2.7:    Competitive Benchmarking, 2019
Figure 3.1:    Industry Insights
Figure 3.2:    Advancement of IoT with Artificial Intelligence
Figure 3.3:    Inspection and Maintenance Robot: Supply Chain Analysis
Figure 3.4:    Porter’s Five Forces Analysis of Global Inspection and Maintenance Robot Market
Figure 3.5:    Threat from New Entrants
Figure 3.6:    Threat from Substitute Products
Figure 3.7:    Bargaining Power of Suppliers
Figure 3.8:    Bargaining Power of Buyers
Figure 3.9:    Intensity of Competitive Rivalry
Figure 4.1:    Global Inspection and Maintenance Robot Market (by Value and Volume), 2019-2025
Figure 5.1:    Global Inspection and Maintenance Robot Market (by Type)
Figure 5.2:    General Control levels in Autonomous Robots
Figure 5.3:    Global Autonomous Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 5.4:    Global Remotely Operated Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 6.1    Global Inspection and Maintenance Robot market by Components
Figure 6.2:    Global Inspection and Maintenance Robot Market (for Camera), $Million, 2019-2025
Figure 6.3:    Global Inspection and Maintenance Robot Market (for Sensor), $Million, 2019-2025
Figure 6.4:    Global Inspection and Maintenance Robot Market (for Scanner), $Million, 2019-2025
Figure 6.5:    Global Inspection and Maintenance Robot Market (for Other Components), $Million, 2019-2025
Figure 6.6:    Global Inspection and Maintenance Robot Market (for Software), $Million, 2019-2025
Figure 7.1:    Market Segmentation of the Inspection and Maintenance Robot Market (by End User)
Figure 7.2:    Global Inspection and Maintenance Robot Market (Oil, Gas, and Petrochemical), $Million, 2019-2025
Figure 7.3:    Global Inspection and Maintenance Robot Market (for Food and Beverages), $Million, 2019-2025
Figure 7.4:    Global Inspection and Maintenance Robot Market (for Utilities), $Million, 2019-2025
Figure 7.5:    Global Inspection and Maintenance Robot Market (for Other End User), $Million, 2019-2025
Figure 8.1:    Global Inspection and Maintenance Robot Market (by Region)
Figure 8.2:    North America Inspection and Maintenance Robot Market, $Million, 2020-2025
Figure 8.3:    North America Inspection and Maintenance Robot Market (by Type), $Million, 2019-2025
Figure 8.4:    North America Inspection and Maintenance Robot Market (by End User), $Million, 2019-2025
Figure 8.5:    North America Inspection and Maintenance Robot Market (by Country), $Million, 2019-2025
Figure 8.6:    U.S. Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.7:    U.S. Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.8:    Canada Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.9:    Canada Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.10:    Europe Inspection and Maintenance Robot Market, $Million, 2019-2025
Figure 8.11:    Europe Inspection and Maintenance Robot Market, Units, 2019-2025
Figure 8.12:    U.K. Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.13:    U.K. Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.14:    Germany Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.15:    Germany Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.16:    France Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.17:    France Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.18:    Spain inspection and maintenance robot Market Size, $Million, 2019-2025
Figure 8.19:    Spain Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.20:    Rest-of-Europe Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.21:    Rest-of-Europe Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.22:    Asia-Pacific Inspection and Maintenance Robot Market, $Million, 2019-2025
Figure 8.23:    Asia-Pacific Inspection and Maintenance Robot Market, Units, 2019-2025
Figure 8.24:    China Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.25:    China Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.26:    Japan Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.27:    Japan Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.28:    South Korea Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.29:    South Korea Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 8.30:    Australia Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.31:    Australia Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.32:    Rest-of-Asia-Pacific Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.33:    Rest-of-Asia-Pacific Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.34:    Middle East Inspection and Maintenance Robot Market, $Million, 2019-2025
Figure 8.35:    Middle East Inspection and Maintenance Robot Market, Units, 2019-2025
Figure 8.36:    Latin America Inspection and Maintenance Robot Market Size, $Million, 2019-2025
Figure 8.37:    Latin America Inspection and Maintenance Robot Market Size, Units, 2019-2025
Figure 9.1:    Company Segmentation by Public and Private
Figure 9.2:    Aetos Group – Product Offering
Figure 9.3:    SWOT Analysis – Aetos Group
Figure 9.4:    Cognex Group – Product Offering
Figure 9.5:    Cognex Group – Financials, 2016-2018
Figure 9.6:    Cognex Group – Region Revenue Mix, 2016-2018
Figure 9.7:    Cognex Group: R&D Expenditure, 2016-2018
Figure 9.8:    SWOT Analysis – Cognex Group
Figure 9.9:    Eddyfi – Product Offerings
Figure 9.10:    SWOT Analysis – Eddyfi
Figure 9.11:    Ensign-Bickford Industries Inc.– Product Offering.
Figure 9.12:    SWOT Analysis – Ensign-Bickford Industries Inc.
Figure 9.13:    FARO Technologies, Inc. – Product Offering
Figure 9.14:    FARO Technologies, Inc. – Financials, 2016-2018
Figure 9.15:    FARO Technologies, Inc. – Revenue by Business Segments, 2017-2018
Figure 9.16:    FARO Technologies, Inc. – Business Revenue Mix, 2016-2018
Figure 9.17:    FARO Technologies, Inc. – Regional Revenue Mix, 2016-2018
Figure 9.18:    FARO Technologies, Inc.: R&D Expenditure, 2016-2018
Figure 9.19:    SWOT Analysis – FARO Technologies, Inc.
Figure 9.20:    GE Inspection Robotics - Product Offerings
Figure 9.21:    SWOT Analysis - GE Inspection Robotics
Figure 9.22:    Gecko Robotics– Product Offerings
Figure 9.23:    SWOT Analysis – Gecko Robotics
Figure 9.24:    Genesis Systems– Product Offering.
Figure 9.25:    SWOT Analysis – Genesis Systems
Figure 9.26:    JH Robotics, Inc. – Product Offerings
Figure 9.27:    SWOT Analysis – JH Robotics, Inc.
Figure 9.28:    LEO Robotics – Product Offerings
Figure 9.29:    SWOT Analysis – LEO Robotics
Figure 9.30:    Oceaneering – Product Offering
Figure 9.31:    Oceaneering – Financials, 2016-2018
Figure 9.32:    Oceaneering – Business Revenue Mix, 2016-2018
Figure 9.33:    Oceaneering- Business Revenue Mix, 2016-2018
Figure 9.34:    SWOT Analysis – Oceaneering
Figure 9.35:    Robotnik – Product Offerings
Figure 9.36:    SWOT Analysis – Robotnik
Figure 9.37:    Royal Dutch Shell plc – Product Offering.
Figure 9.38:    Royal Dutch Shell plc – Financials, 2016-2018
Figure 9.39:    Royal Dutch Shell plc – Region Revenue Mix, 2016-2018
Figure 9.40:    SWOT Analysis – Royal Dutch Shell plc
Figure 9.41:    Superdroid Robots, Inc. – Product Offerings
Figure 9.42:    SWOT Analysis – Superdroid Robots, Inc.
Figure 9.43:    ULC Robotics – Product Offerings
Figure 9.44:    SWOT Analysis – ULC Robotics
Figure 10.1:    Global Inspection and Maintenance Robot Market Segmentation
Figure 10.2:    Inspection and Maintenance Robot Market Research Methodology
Figure 10.3:    Data Triangulation
Figure 10.4:    Top-Down and Bottom-up Approach
Figure 10.5:    Inspection and Maintenance Robot Market Influencing Factors
Figure 10.6:    Assumptions and Limitations

16+

Companies-Reached

270+

Research Hours

29+

Tables

129+

Figures

184+

Pages

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