According to the report analysis, ‘Inspection
Robotics In Oil & Gas Industry: North America Market 2018-2025 By Robot
Type, Application, System Component And Country’ states that the North America Capex
(capital expenditure) of inspection robots in oil & gas industry to reach
USD 644.8 million in 2025, fueled by an increasing adoption of intelligent
robotics in oil & gas inspection and investigation over the years to come.
In addition, the oil and gas industry is predicted to see a consistent growth
over the next ten years due to the growing ultimatum for the energy, especially
in the transportation and manufacturing industry.
The Oil & gas inspection robots contain
the unmanned underwater vehicles (UUVs), unmanned aerial vehicles (UAVs),
unmanned ground vehicles (UGVs), and smart PIGs among others. UUVs include
remotely functioned underwater vehicles (ROVs) and autonomous underwater
vehicles (AUVs).
Furthermore, the companies require to evaluate
the requirement for the robotics and automation, which support the maintaining
quality, augment the proficiency and to continue competitive. The Drilling has
been shifting towards harsher surroundings like the Artics, only to determine
the demand to substitute human existence with the robots. Not only has this,
the robotics application for maintenance, repair and inspection will extremely
result in developing the safety measures and productivity in the procedures of
production. Moreover, the report also states that there are numerous key
players which are extremely working in this sector more actively for leading
the fastest market growth and registering the high value of revenue while
developing the operations of robotics in the oil and gas industry and adopting
the significant techniques of working which further benefitted for increasing
the amount of revenue in the North America region includes 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, Seegrid,
Sky-Futures, VDOS and several others.
Additionally, the robots must be fortified
with the wide variety of sensors for the core functionality. Due to the distant
nature of the offshore sites, communication with a central unit and human is
usually. The hardware and communication requirement have been encountered by a
number of companies functioning to provide the robots for the most rugged
terrains, over the years.
The advancements in the software also push
towards an absolutely autonomous robotic system, hence decreasing the costs
linked with the labor while augmenting the proficiency and safety. Moreover,
with the speedy pace of software developments and a superfluity of use-case
scenarios, the robotics market is predicted to attain from the increasing the
requirement in the oil and gas segment in the next coming years.
The several other applications comprise the
remotely-operated aerial drones, automated underwater vehicles, robotic drills
and many more. The downtime on an oil attire or other drilling site is
luxurious – robots are assisting to solve this problematic to increase the
productivity. Furthermore, it is anticipated that in the near future the role
of robotics will increase more positively in the oil and gas industry across
the North America region over the coming years.
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing &
Communications
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9015378249
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