Pipe Inspection Robot Market Analysis

  • Report ID: 5235
  • Published Date: Sep 15, 2023
  • Report Format: PDF, PPT

Pipe Inspection Robot Market Analysis

End User (Oil & Gas, Sewer Management, Industrial Plants, Food & Beverages, Electronics)

The oil & gas segment is expected to account for 35% share of the global pipe inspection robot market in the year 2036. The growth of the segment can be attributed to the increasing projects of offshore operations in deep or ultra-deep water. In 2021, the investment in offshore projects increased by 20%. Currently, around USD 214 billion invested in new projects will take offshore oil and gas to new heights. Furthermore, it is expected, between 2022 and 2025, around USD 500 million will be invested in the same.

Type (Aerial Drones, Wheel In-Pipe, Tracked In-Pipe)

Pipe inspection robot market from the aerial drones segment is expected to garner a significant share of around 54% in the year 2036. The rising benefit of aerial drones, such that they can perform non-intrusive inspection from the exterior. Moreover, the inspection conducted with the help of aerial drones is much faster and reduces the cost of labor. Furthermore, drones can capture high-quality films and photographs from aerial perspectives. This is further enhanced owing to the technological advancement of the drones. The modern drones use a combination of Global Navigation Satellite Systems, including GLONASS and GPS.

Our in-depth analysis of the global market includes the following segments:

          Type

  • Aerial Drones
  • Wheel In-Pipe
  • Tracked In-Pipe

          Application

  • Remote Inspection
  • Welding Pipe
  • Thickness Measuring
  • Scanning System

          End User

  • Oil & Gas
  • Sewer Management
  • Industrial Plants
  • Food & Beverages
  • Electronics
 

Browse Key Market Insights with Data Illustration:


Author Credits:  Rushikesh, Richa Gupta


  • Report ID: 5235
  • Published Date: Sep 15, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for oil and gas, and growing manufacturing of packaged beverages are the major factors driving the market growth.

The market size of pipe inspection robot is anticipated to attain a CAGR of ~15% over the forecast period, i.e., 2024 – 2036.

The major players in the market are CUES Inc., Envirosight LLC, GE Inspection Robots, IBAK Helmut Hunger GmbH & Co. KG, Medit Inc., RedZone Robotics, Robotics Design Group, Inunktun Services Ltd., Xylem Inc., and Honeybee Robotics.

The aerial drones segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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