What is Pipeline Robot Market?
A pipe robot also known as pipe inspecting and cleaning robot which is a device that is inserted into pipes to check for damage or obstruction. It monitor the inside of the pipes and channels, recognizing and solving problems through the interior of pipes or channels. Robotic inspection of the inner surface of a pipe can be achieved by a mobile robot, as the pipelines are usually buried underground and are in contact with the soil which can corrosion, where the steel pipe wall oxidizes, and effectively reducing wall thickness. Pipe Inspection Robot (PIR) have the ability to move inside horizontal and vertical pipes. It is applicable to detect the problem of blockage in pipe. It could be mounted with a camera which would send us pictures of inside and could be fitted with ultrasonic sensors and can pin point us the location of a hole.
The market study is being classified by Type (Remotely Operated Vehicles, Autonomous Underwater Vehicles, Unmanned Aerial Vehicles and Unmanned Ground Vehicles), by Application (Industrial, Oil and Gas, Chemical and Others) and major geographies with country level break-up.
GE Inspection Robotics (Switzerland), ULC Robotics (United States), Pure Technologies (Canada), Honeybee Robotics (United States), Deep Trekker (Canada), Inuktun Services Ltd. (Canada), Ryonic Robotics (Pty) Ltd. (South Africa), Wuhan Easy-Sight Technology (China), Trio Vision LLC. (United States) and CUES Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Robotic Drilling Systems (Norway), Envirosight LLC. (United States) and IBAK Helmut Hunger GmbH Co. KG (Germany).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Research Analyst at AMA predicts that Canadian and United States Players will contribute to the maximum growth of Global Pipeline Robot market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Pipeline Robot market by Type, Application and Region.
On the basis of geography, the market of Pipeline 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Use of Robot in Various Verticals
- The Demand for Oil and Gas is increasing across the Globe
Market Trend
- It Improve Maintenance and Inspection Procedure inside the Pipes
- Growth of Petrochemical Industry
Restraints
- Unable Minimize the Mud and Scale Inside the Pipe
Opportunities
- Increasing Investment in the Transportation of Petrochemical Products
Challenges
Market Leaders and some development strategies
February 08, 2019: Eddyfi Technologies Acquires NDT Robotics Leader Inuktun. The company is having strong research and development focus and some of the best productized non-destructive testing (NDT) tools on the market; this transaction benefits all Eddyfi Technologies’ business units, existing Inuktun clients., and June 07, 2018: SPX Corporation (NYSE:SPXC) announced today that it has completed the acquisition of CUES, Inc. (“CUES”), a leading manufacturer of pipeline inspection and rehabilitation equipment. This acquisition substantially strengthen inspection business within the Detection & Measurement segment, the fastest growing and highest margin segment, and further positions Eddyfi Technologies company to achieve long-term growth and value creation targets.
In June 2018, ULC Robotics is taking the first steps toward developing a robot that will permanently reside within high-pressure gas transmission mains so that it can be called up to instantaneously repair emergency leaks and perform routine inspection and maintenance activities.
Key Target Audience
Manufacturers of Pipeline Robot, Suppliers of Pipeline Robot, Wholesalers, distributers and retailers of Pipeline Robot, Oil and Gas Industry, Petrochemical Industry, Service Providers and Governmental Bodies