About Infrastructure Inspection Robot
Inspection is an essential aspect of any industry's operational operations. Inspection of equipment or machinery is essential in order to perform any necessary repairs. It aids in the consistent and smooth operation of equipment. In several companies, robots have been utilized to carry out inspections. The inspection procedure has become more effective and efficient thanks to robots. Many companies are working on inspection robots that are equipped with cutting-edge technology. Many companies all over the world have used robotic systems. Mobile service robots are similar to inspection robotic systems. The purpose of these robots is to assess vital and high-value infrastructure. Data collection, analysis of working processes and efficiency measurement, identification of problems in machines, and inspection of the overall system are all activities that an inspection robot can undertake. The companies make use of several sorts of inspection robots. Inspection performed by inspection robots is far more efficient than hand inspection and offers the organization more accurate data. Inspection robots have the ability to work for longer periods of time without stopping. This is only one of the benefits that inspection robots provide. Inspection robots have proven to be particularly effective in risky and hazardous working environments, where it is not safe to undertake inspection tasks manually.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.7% |
The global Infrared LED market is highly fragmented, due to the existence of a large number of regional as well as international players around the world. The competition among global and regional players is high due to the fragmented market. Also, It has been analyzing that some large players are losing their market share due to the emergence of new entrants. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Infrastructure Inspection Robot market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bureau Veritas (Belgium), Ward Automation (Ireland), GE Inspection Robotics (Switzerland), Honeybee Robotics (United States), Inuktun Services (Canada), Universal Robots (Denmark), Cognex (United States), ECA Group (France), FMC Technologies (United States) and Genesis Systems Group (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are AZoRobotics (Australia) and Calmation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Infrastructure Inspection Robot market by Type (Drones, or unmanned aerial vehicles (UAVs), Crawlers and Submersibles), Application (Pipes, Tanks & Vessels, Sewers, Roads and Bridges, Underwater Inspection, Wind Turbines and Others) and Region.
On the basis of geography, the market of Infrastructure Inspection Robot has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-User Industry, the sub-segment i.e. Building & Construction will boost the Infrastructure Inspection Robot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operation, the sub-segment i.e. Autonomous will boost the Infrastructure Inspection Robot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Artificial Intelligence and Deep Learning
Market Growth Drivers:
Robotic Systems Have Been Employed in Many Companies Across the Globe, Need for Inspection of Massive, High-Value Infrastructure Structures in Oil & Gas And Petrochemical Industry and Inspection Robots Offer Many Advantages in Terms of Accuracy, Efficiency And Reliability
Challenges:
Technological Challenges for Infrastructure Inspection Robots
Restraints:
High Cost of these Robots
Opportunities:
Increasingly, Advancing Capabilities of Infrastructure Inspection Robots, Increased Investment in Technology and Robots are Capable of Performing the Inspection Even in the Dangerous Working Conditions
Market Leaders and their expansionary development strategies
In November 2023, GMV, a multinational technology company, and ANYbotics, a developer of autonomous inspection robots for industrial applications, have partnered to drive innovation and enhance efficiency in automated industrial inspections.This strategic collaboration aims to revolutionize the way companies manage their inspection operations, providing improved effectiveness and optimized resource utilization in industrial environments.
In March 2023, Built Robotics Launches Piling Robot to Accelerate Solar Energy Transition. Piling is a complex construction activity at the heart of every utility-scale solar project. Solar piles are generally steel H-beams 12 to 16 feet in length and up to 200 pounds in weight.
Key Target Audience
Manufacturers of Inspection Robot, Suppliers of Inspection Robot, Technology Providers, Raw Materials Providers, Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.