Ken Research’s Inspection
Robotics in Oil & Gas Industry: Global Market 2017-2025 by Robot Type,
Sub-system and Region gives a detailed analysis on the global market for
inspection robots in oil and gas industry. The report also covers current
competitive scenario and the predicted manufacture trend; and profiles global
oil & gas inspection robot vendors including market leaders and important
emerging players. Specifically, potential risks associated with investing in
global oil & gas inspection robot market are assayed quantitatively and
qualitatively through GMD's Risk Assessment System. According to the risk analysis
and evaluation, Critical Success Factors (CSFs) are generated as a guidance to
help investors & stockholders manage and minimize the risks, develop
appropriate business models, and make wise strategies and decisions. The top
players in the market include 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. and OC Robotics. The report will help investors in making strategic
investments.
Industrial inspections can be very dull, dangerous and monotonous.
Robotics can change the face of industrial inspection by ensuring the process
is not dangerous or dull. These inspections cover a wide range of duties that
include operational assets and operational facilities during the process of
decommissioning or evaluating the health of tanks. Though these routine checks
and inspections are very important, they often prove to be dangerous as well.
Introducing robotics in this field helps in reducing health, safety hazards
that comes along with it. Automation is very valuable in these processes and
they ensure that guided systems safely reach and operate where humans cannot.
They are reducing time and costs companies spend on industrial inspections.
These inspections also give valuable analytics for the firms to build digital
alignment to the physical spaces and also reach smaller places which earlier
humans could not inspect. The major reason why companies are moving towards
inspection robots are reduced hazards and valuable insights.
However, the market deterrent is the huge expensive costs that needs to
be incurred. But it helps in better utilisation of human resources. But they
replace x – ray applications to conduct inspections and they are all industry –
tested and work well in tough environments of power plants. Segment wise, the
components that can be inspected using robotics are pipes, flare systems,
vessels, tanks, reactors, long tuber and heat exchangers. In the whole inspection robotics market, oil
and gas segment has the highest market demand.
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Ankur Gupta, Head Marketing & Communications
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