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2021
Inspection Robots Market

Inspection Robots Market by Robot Type (Stationary Robotic Arm and Mobile Robots), Testing Type (Automated Metrology and Non-destructive Inspection) and End-user (Oil & Gas, Food & Beverages, Pharmaceuticals, Electronics, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A08254
Pages: 200
Aug 2021 | 787 Views
   
Author(s) : Digvijay Pawar
Tables: 121
Charts: 55
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Inspection Robots Market Outlook- 2030

The inspection robots market size was valued at $940.0 million in 2020, and is projected to reach $13,942.5 million by 2030, growing at a CAGR of 30.9% from 2021 to 2030. Inspections are a crucial part of operations of many industrial sectors. Conducting regular thorough examinations help to ensure reliable equipment performance, worker safety and more in the manufacturing, piping, transportation, and other industries. Inspection robots are used to detect faults or failure in the manufacturing process, quality of products, leakage through pipelines, transportation of products and several other activities that are carried out in industries. In addition, these inspection robots can be stationary or mobile, depending on nature of their operations.

The COVID-19 pandemic affected the new R&D and manufacturing of inspection robots therefore hampering the Inspection Robots Market. However, the market started recovering by the start of 2021.

Major driving factors of the inspection robots market are that it can inspect things and places that a human cannot inspect though naked eyes. Inspection robots can fit into small spaces, easily climb up walls, and move around machinery or vehicles. This can make inspections more thorough and simpler to perform. In addition, it can inspect things using infrared imaging as well as can scan outer layer and can inspect objects inside packaging. In addition, use of inspection robots in the manufacturing industry ensures safety of workers. Inspection robots allows workers to avoid potentially dangerous inspection sites by enabling them to conduct inspections remotely. Workers can also avoid heavy manufacturing equipment, underwater components of offshore drilling pads, and other potentially hazardous locations. Moreover, inspection robots improve data organization and helps in lowering cost of operations. However, cost of installation of inspection robots can be relatively high. Integration of cameras, sensors, and other electronics with operating software boosts cost of inspection robots. In addition, robots can fail to operate and response in situations and can cause hazardous situations. Moreover, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and transport industries were majorly affected. Manufacturing activities were halted or restricted. Construction and transportation activities, along with their supply chains, were hampered on a global level. This led to decline in manufacturing of inspection robots as well as their demand in the market, thereby restraining the inspection robots market growth. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of inspection robots companies at their full-scale capacities, which is likely to help the inspection robots market to recover by end of 2021.

Inspection-Robots-Market[1]

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Furthermore, adoption of IoT in inspection robots can make them more advanced and increase their efficiency by integrating Artificial Intelligence (AI). Such advancements are anticipated to open new avenues for the inspection robots market.

The inspection robots market is segmented into type, application, end user, and region. By type, the market is segregated into stationary robotic arm and mobile robots. The testing type covered in the study include automated metrology and non-destructive inspection. On the basis of end user, the market is divided into oil & gas, food & beverages, pharmaceutical, electronics, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Inspection Robots Market
By End-user industry

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Pharmaceutical segment is projected to grow at a significant 31.9% CAGR

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On the basis of robot type, in 2020, the mobile robots segment dominated the inspection robots market, in terms of revenue, whereas the stationary robotic arm segment is expected to witness growth at the highest CAGR during the forecast period. By testing type, the non-destructive inspection segment led the market in 2020, in terms of revenue; however, the automated metrology segment is anticipated to register highest CAGR during the forecast period. Depending on end user, the oil & gas segment led the market in 2020, in terms of revenue. Conversely, the pharmaceutical segment is anticipated to exhibit the highest CAGR in the coming years. Region wise, the North America segment garnered the highest revenue in 2020; however, LAMEA is anticipated to register highest CAGR during the forecast period.

Inspection Robots Market
By Robot type

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Stationary robotic arm segment is expected to grow at a significant rate during the forecast period.

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Competition analysis

The major players profiled in the Inspection Robots market include Eddyfi Technologies, Gecko Robotics, Inc., Genesis Systems, Honeybee Robotics, Invert Robotics, JH Robotics, Inc., Montrose Technologies Inc., Shenzhen SROD Industrial Group Co., Ltd., Universal Robots, and Waygate Technologies. Major companies in the market have adopted product launch, business expansion, and partnership as their key developmental strategy to offer better products and services to customers in the inspection robots market.

Inspection Robots Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

North America holds a dominant position in 2020 and Asia-Pacific is expected to grow at a highest rate during the forecast period.

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Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current trends, future estimations, and dynamics of the inspection robots market. 
  • In-depth inspection robots market analysis is conducted by estimations for the key segments between 2021 and 2030. 
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
  • The inspection robots market forecast analysis from 2021 to 2030 is included in the report.
  • The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the inspection robots industry.

Key Market Segments

By Robot Type 

  • Stationary Robotic Arm
  • Mobile Robots

By Testing Type

  • Automated metrology
  • Non-destructive inspection

By End User 

  • Oil & Gas
  • Food & Beverage
  • Pharmaceutical
  • Electronics
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain 
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • Eddyfi Technologies
  • Gecko Robotics, Inc.
  • Genesis Systems
  • Honeybee Robotics
  • Invert Robotics
  • JH Robotics, Inc.
  • Montrose Technologies Inc.
  • Shenzhen SROD Industrial Group Co., Ltd.
  • Universal Robots
  • Waygate Technologies
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Research methodology

1.2.1.Primary research
1.2.2.Secondary research
1.2.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Top impacting factors

3.3.Key forces shaping Inspection robots industry
3.4.Value chain analysis
3.5.Smiling Curve Value Chain Model

3.5.1.Drivers

3.5.1.1.Inspection of things that human eyes cannot inspect
3.5.1.2.Safety of workers
3.5.1.3.Better organization of data and efficiency

3.5.2.Restraints

3.5.2.1.High cost of the robots
3.5.2.2.Failure in inspection with collapse in operating system

3.5.3.Opportunity

3.5.3.1.Integration of the Internet of Things (IoT) and Artificial Intelligence (AI)

3.6.COVID-19 impact analysis

CHAPTER 4:INSPECTION ROBOTS MARKET, BY ROBOT TYPE

4.1.Market overview

4.1.1.Market size and forecast, by robot type

4.2.Stationary robotic arm

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Mobile robots

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:INSPECTION ROBOTS MARKET, BY TESTING TYPE

5.1.Market overview

5.1.1.Market size and forecast, by testing type

5.2.Automated metrology

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.2.4.Market size and forecast, for automated metrology, by robot type

5.3.Non-destructive inspection

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.3.4.Market size and forecast, for non-destructive inspection, by robot type

CHAPTER 6:INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY

6.1.Market overview

6.1.1.Market size and forecast, by end-user industry

6.2.Oil & gas

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Food & beverage

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Pharmaceutical

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Electronics

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.Others

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

CHAPTER 7:INSPECTION ROBOTS MARKET, BY REGION

7.1.Market overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by robot type
7.2.3.Market size and forecast, by testing type
7.2.4.Market size and forecast, by end-user industry
7.2.5.Market size and forecast, by country
7.2.6.Market size and forecast, for automated metrology, by robot type
7.2.7.Market size and forecast, for non-destructive inspection, by robot type

7.2.7.1.U.S.

7.2.7.1.1.Market size and forecast, by robot type
7.2.7.1.2.Market size and forecast, by testing type
7.2.7.1.3.Market size and forecast, by end-user industry

7.2.7.2.Canada

7.2.7.2.1.Market size and forecast, by robot type
7.2.7.2.2.Market size and forecast, by testing type
7.2.7.2.3.Market size and forecast, by end-user industry

7.2.7.3.Mexico

7.2.7.3.1.Market size and forecast, by robot type
7.2.7.3.2.Market size and forecast, by testing type
7.2.7.3.3.Market size and forecast, by end-user industry

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by robot type
7.3.3.Market size and forecast, by testing type
7.3.4.Market size and forecast, by end-user industry
7.3.5.Market size and forecast, by country
7.3.6.Market size and forecast, for automated metrology, by robot type
7.3.7.Market size and forecast, for non-destructive inspection, by robot type

7.3.7.1.Germany

7.3.7.1.1.Market size and forecast, by robot type
7.3.7.1.2.Market size and forecast, by testing type
7.3.7.1.3.Market size and forecast, by end-user industry

7.3.7.2.France

7.3.7.2.1.Market size and forecast, by robot type
7.3.7.2.2.Market size and forecast, by testing type
7.3.7.2.3.Market size and forecast, by end-user industry

7.3.7.3.Italy

7.3.7.3.1.Market size and forecast, by robot type
7.3.7.3.2.Market size and forecast, by testing type
7.3.7.3.3.Market size and forecast, by end-user industry

7.3.7.4.Spain

7.3.7.4.1.Market size and forecast, by robot type
7.3.7.4.2.Market size and forecast, by testing type
7.3.7.4.3.Market size and forecast, by end-user industry

7.3.7.5.Rest of Europe

7.3.7.5.1.Market size and forecast, by robot type
7.3.7.5.2.Market size and forecast, by testing type
7.3.7.5.3.Market size and forecast, by end-user industry

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by robot type
7.4.3.Market size and forecast, by testing type
7.4.4.Market size and forecast, by end-user industry
7.4.5.Market size and forecast, by country
7.4.6.Market size and forecast, for automated metrology, by robot type
7.4.7.Market size and forecast, for non-destructive inspection, by robot type

7.4.7.1.China

7.4.7.1.1.Market size and forecast, by robot type
7.4.7.1.2.Market size and forecast, by testing type
7.4.7.1.3.Market size and forecast, by end-user industry

7.4.7.2.Japan

7.4.7.2.1.Market size and forecast, by robot type
7.4.7.2.2.Market size and forecast, by testing type
7.4.7.2.3.Market size and forecast, by end-user industry

7.4.7.3.South Korea

7.4.7.3.1.Market size and forecast, by robot type
7.4.7.3.2.Market size and forecast, by testing type
7.4.7.3.3.Market size and forecast, by end-user industry

7.4.7.4.India

7.4.7.4.1.Market size and forecast, by robot type
7.4.7.4.2.Market size and forecast, by testing type
7.4.7.4.3.Market size and forecast, by end-user industry

7.4.7.5.Rest of Asia-Pacific

7.4.7.5.1.Market size and forecast, by robot type
7.4.7.5.2.Market size and forecast, by testing type

7.4.7.5.3.Market size and forecast, by end-user industry

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by robot type
7.5.3.Market size and forecast, by testing type
7.5.4.Market size and forecast, by end-user industry
7.5.5.Market size and forecast, by country
7.5.6.Market size and forecast, for automated metrology, by robot type
7.5.7.Market size and forecast, for non-destructive inspection, by robot type

7.5.7.1.Latin America

7.5.7.1.1.Market size and forecast, by robot type
7.5.7.1.2.Market size and forecast, by testing type
7.5.7.1.3.Market size and forecast, by end-user industry

7.5.7.2.Middle East

7.5.7.2.1.Market size and forecast, by robot type
7.5.7.2.2.Market size and forecast, by testing type
7.5.7.2.3.Market size and forecast, by end-user industry

7.5.7.3.Africa

7.5.7.3.1.Market size and forecast, by robot type
7.5.7.3.2.Market size and forecast, by testing type
7.5.7.3.3.Market size and forecast, by end-user industry

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market player positioning

8.2.Top winning strategies

8.2.1.Top winning strategies, by year
8.2.2.Top winning strategies, by development
8.2.3.Top winning strategies, by company

8.3.Key developments

8.3.1.Business expansion
8.3.2.Partnership
8.3.3.Product launch

CHAPTER 9:COMPANY PROFILES

9.1.Eddyfi Technologies

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.Key strategic moves and developments

9.2.Gecko Robotics, Inc.

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Product portfolio

9.3.Genesis Systems (IPG Photonics)

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.R&D Expenditure
9.3.7.Business performance

9.4.Honeybee Robotics

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio

9.5.Invert Robotics

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Key strategic moves and developments

9.6.JH Robotics, Inc.

9.6.1.Company overview
9.6.2.Key executive
9.6.3.Company snapshot
9.6.4.Product portfolio

9.7.Montrose Technologies

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.7.5.Key strategic moves and developments

9.8.Shenzhen SROD Industrial Group Co.,Ltd

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Product portfolio

9.9.Universal Robots

9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Product portfolio

9.10.Waygate Technologies (Baker Hughes Company)

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.R&D Expenditure
9.10.7.Business performance

LIST OF TABLES

TABLE 01.INSPECTION ROBOTS MARKET REVENUE, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 02.INSPECTION ROBOTS MARKET REVENUE FOR STATIONARY ROBOTIC ARM, BY REGION, 2020-2030 ($MILLION)
TABLE 03.INSPECTION ROBOTS MARKET REVENUE FOR MOBILE ROBOTS, BY REGION, 2020-2030 ($MILLION)
TABLE 04.INSPECTION ROBOTS MARKET REVENUE, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 05.INSPECTION ROBOTS MARKET REVENUE FOR AUTOMATED METROLOGY, BY REGION, 2020-2030 ($MILLION)
TABLE 06.INSPECTION ROBOTS MARKET REVENUE FOR AUTOMATED METROLOGY, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 07.INSPECTION ROBOTS MARKET REVENUE FOR NON-DESTRUCTIVE INSPECTION, BY REGION, 2020-2030 ($MILLION)
TABLE 08.INSPECTION ROBOTS MARKET REVENUE FOR NON-DESTRUCTIVE INSPECTION, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 09.INSPECTION ROBOTS MARKET REVENUE, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 10.INSPECTION ROBOTS MARKET REVENUE FOR OIL & GAS, BY REGION, 2020-2030 ($MILLION)
TABLE 11.INSPECTION ROBOTS MARKET REVENUE FOR FOOD & BEVERAGE, BY REGION, 2020-2030 ($MILLION)
TABLE 12.INSPECTION ROBOTS MARKET REVENUE FOR PHARMACEUTICAL, BY REGION, 2020-2030 ($MILLION)
TABLE 13.INSPECTION ROBOTS MARKET REVENUE FOR ELECTRONICS, BY REGION, 2020-2030 ($MILLION)
TABLE 14.INSPECTION ROBOTS MARKET REVENUE FOR OTHERS, BY REGION, 2020-2030 ($MILLION)
TABLE 15.INSPECTION ROBOTS MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 16.NORTH AMERICA INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 17.NORTH AMERICA INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 18.NORTH AMERICA INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 19.NORTH AMERICA INSPECTION ROBOTS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 20.NORTH AMERICA INSPECTION ROBOTS MARKET, FOR AUTOMATED METROLOGY, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 21.NORTH AMERICA INSPECTION ROBOTS MARKET, FOR NON-DESTRUCTIVE INSPECTION, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 22.U.S. INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 23.U.S. INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 24.U.S. INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 25.CANADA INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 26.CANADA INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 27.CANADA INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 28.MEXICO INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 29.MEXICO INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 30.MEXICO INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 31.EUROPE INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 32.EUROPE INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 33.EUROPE INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 34.EUROPE INSPECTION ROBOTS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 35.EUROPE INSPECTION ROBOTS MARKET, FOR AUTOMATED METROLOGY, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 36.EUROPE INSPECTION ROBOTS MARKET, FOR NON-DESTRUCTIVE INSPECTION, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 37.GERMANY INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 38.GERMANY INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 39.GERMANY INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 40.FRANCE INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 41.FRANCE INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 42.FRANCE INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 43.ITALY INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 44.ITALY INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 45.ITALY INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 46.SPAIN INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 47.SPAIN INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 48.SPAIN INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 49.REST OF EUROPE INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 50.REST OF EUROPE INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 51.REST OF EUROPE INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 52.ASIA-PACIFIC INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 53.ASIA-PACIFIC INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 54.ASIA-PACIFIC INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 55.ASIA-PACIFIC INSPECTION ROBOTS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 56.ASIA-PACIFIC INSPECTION ROBOTS MARKET, FOR AUTOMATED METROLOGY, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 57.ASIA-PACIFIC INSPECTION ROBOTS MARKET, FOR NON-DESTRUCTIVE INSPECTION, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 58.CHINA INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 59.CHINA INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 60.CHINA INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 61.JAPAN INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 62.JAPAN INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 63.JAPAN INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 64.SOUTH KOREA INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 65.SOUTH KOREA INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 66.SOUTH KOREA INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 67.INDIA INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 68.INDIA INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 69.INDIA INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 70.REST OF ASIA-PACIFIC INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 71.REST OF ASIA-PACIFIC INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 72.REST OF ASIA-PACIFIC INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 73.LAMEA INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 74.LAMEA INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 75.LAMEA INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 76.LAMEA INSPECTION ROBOTS MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 77.LAMEA INSPECTION ROBOTS MARKET, FOR AUTOMATED METROLOGY, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 78.LAMEA INSPECTION ROBOTS MARKET, FOR NON-DESTRUCTIVE INSPECTION, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 79.LATIN AMERICA INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 80.LATIN AMERICA INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 81.LATIN AMERICA INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 82.MIDDLE EAST INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 83.MIDDLE EAST INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 84.MIDDLE EAST INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 85.AFRICA INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030 ($MILLION)
TABLE 86.AFRICA INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030 ($MILLION)
TABLE 87.AFRICA INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 88.KEY BUSINESS EXPANSION, (2019–2021)
TABLE 89.KEY PARTNERSHIP, (2019–2021)
TABLE 90.KEY PRODUCT LAUNCH, (2019–2021)
TABLE 91.EDDYFI TECHNOLOGIES: KEY EXECUTIVES
TABLE 92.EDDYFI TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 93.EDDYFI TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 94.GECKO ROBOTICS, INC.: KEY EXECUTIVES
TABLE 95.GECKO ROBOTICS, INC.: COMPANY SNAPSHOT
TABLE 96.GECKO ROBOTICS, INC.: PRODUCT PORTFOLIO
TABLE 97.GENESIS SYSTEMS (IPG PHOTONICS): KEY EXECUTIVES
TABLE 98.GENESIS SYSTEMS (IPG PHOTONICS): COMPANY SNAPSHOT
TABLE 99.GENESIS SYSTEMS (IPG PHOTONICS): OPERATING SEGMENTS
TABLE 100.GENESIS SYSTEMS (IPG PHOTONICS): PRODUCT PORTFOLIO
TABLE 101.HONEYBEE ROBOTICS: KEY EXECUTIVES
TABLE 102.HONEYBEE ROBOTICS: COMPANY SNAPSHOT
TABLE 103.HONEYBEE ROBOTICS: PRODUCT PORTFOLIO
TABLE 104.INVERT ROBOTICS: KEY EXECUTIVES
TABLE 105.INVERT ROBOTICS: COMPANY SNAPSHOT
TABLE 106.INVERT ROBOTICS: PRODUCT PORTFOLIO
TABLE 107.JH ROBOTICS, INC.: KEY EXECUTIVE
TABLE 108.JH ROBOTICS, INC.: COMPANY SNAPSHOT
TABLE 109.JH ROBOTICS, INC.: PRODUCT PORTFOLIO
TABLE 110.MONTROSE TECHNOLOGIES: KEY EXECUTIVES
TABLE 111.MONTROSE TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 112.MONTROSE TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 113.SHENZHEN SROD INDUSTRIAL GROUP CO., LTD: COMPANY SNAPSHOT
TABLE 114.SHENZHEN SROD INDUSTRIAL GROUP CO., LTD: PRODUCT PORTFOLIO
TABLE 115.UNIVERSAL ROBOTS: KEY EXECUTIVES
TABLE 116.UNIVERSAL ROBOTS: COMPANY SNAPSHOT
TABLE 117.UNIVERSAL ROBOTS: PRODUCT PORTFOLIO
TABLE 118.WAYGATE TECHNOLOGIES (BAKER HUGHES COMPANY): KEY EXECUTIVES
TABLE 119.WAYGATE TECHNOLOGIES (BAKER HUGHES COMPANY): COMPANY SNAPSHOT
TABLE 120.WAYGATE TECHNOLOGIES (BAKER HUGHES COMPANY): OPERATING SEGMENTS
TABLE 121.WAYGATE TECHNOLOGIES (BAKER HUGHES COMPANY): PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL INSPECTION ROBOTS MARKET SNAPSHOT, 2020–2030
FIGURE 03.INSPECTION ROBOTS MARKET SNAPSHOT, BY COUNTRY, 2020–2030
FIGURE 04.GLOBAL INSPECTION ROBOTS MARKET: KEY PLAYERS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP IMPACTING FACTORS
FIGURE 07.LOW-TO-MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 09.MODERATE THREAT OF SUBSTITUTES
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.MODERATE INTENSITY OF RIVALRY
FIGURE 12.VALUE CHAIN ANALYSIS
FIGURE 13.SMILING CURVE VALUE CHAIN MODEL
FIGURE 14.MARKET DYNAMICS
FIGURE 15.GLOBAL INSPECTION ROBOTS MARKET, BY ROBOT TYPE, 2020-2030
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF INSPECTION ROBOTS MARKET FOR STATIONARY ROBOTIC ARM, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF INSPECTION ROBOTS MARKET FOR MOBILE ROBOTS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.GLOBAL INSPECTION ROBOTS MARKET, BY TESTING TYPE, 2020-2030
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF INSPECTION ROBOTS MARKET FOR AUTOMATED METROLOGY, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF INSPECTION ROBOTS MARKET FOR NON-DESTRUCTIVE INSPECTION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.GLOBAL INSPECTION ROBOTS MARKET, BY END-USER INDUSTRY, 2020-2030
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF INSPECTION ROBOTS MARKET FOR OIL & GAS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF INSPECTION ROBOTS MARKET FOR FOOD & BEVERAGE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF INSPECTION ROBOTS MARKET FOR PHARMACEUTICAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF INSPECTION ROBOTS MARKET FOR ELECTRONICS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF INSPECTION ROBOTS MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.INSPECTION ROBOTS MARKET, BY REGION, 2020-2030
FIGURE 28.U.S. INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 29.CANADA INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 30.MEXICO INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31.GERMANY INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 32.FRANCE INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33.ITALY INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34.SPAIN INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 35.REST OF EUROPE INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36.CHINA INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 37.JAPAN INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38.SOUTH KOREA INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 39.INDIA INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 40.REST OF ASIA-PACIFIC INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 41.LATIN AMERICA INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 42.MIDDLE EAST INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 43.AFRICA INSPECTION ROBOTS MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 44.MARKET PLAYER POSITIONING
FIGURE 45.TOP WINNING STRATEGIES, BY YEAR, 2019–2021
FIGURE 46.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2021 (%)
FIGURE 47.TOP WINNING STRATEGIES, BY COMPANY, 2019–2021
FIGURE 48.GENESIS SYSTEMS (IPG PHOTONICS): R&D EXPENDITURE, 2018–2020 ($MILLIONS)
FIGURE 49.GENESIS SYSTEMS (IPG PHOTONICS): NET SALES, 2018–2020 ($MILLION)
FIGURE 50.GENESIS SYSTEMS (IPG PHOTONICS): REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.GENESIS SYSTEMS (IPG PHOTONICS): REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52.WAYGATE TECHNOLOGIES (BAKER HUGHES COMPANY): R&D EXPENDITURE, 2018–2020 ($MILLIONS)
FIGURE 53.WAYGATE TECHNOLOGIES (BAKER HUGHES COMPANY) : NET SALES, 2018–2020 ($MILLION)
FIGURE 54.WAYGATE TECHNOLOGIES (BAKER HUGHES COMPANY): REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 55.WAYGATE TECHNOLOGIES (BAKER HUGHES COMPANY): REVENUE SHARE BY REGION, 2020 (%)

 
 

The inspection robots market size was valued at $940.0 million in 2020, and is projected to reach $13,942.5 million by 2030, growing at a CAGR of 30.9% from 2021 to 2030. Growth of the inspection robots market is majorly driven by its ability to monitor things and places that a human eye cannot. In addition, it assures safety of workers working in the industry or at the site. Moreover, organizations of data help in further analysis and record keeping of manufacturing industries, thus acting as a key driving force of the market.

However, high initial setup cost of inspection robots and failure to respond in adverse condition acts as a major restraint of the inspection robots market. On the contrary, rapid integration of IoT and AI in manufacturing industries is expected to create opportunities for growth of the inspection robots during the forecast period.

Major companies in the market have adopted strategies such as product launch, business expansion, and partnership to offer better services to customers in the inspection robots market.

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A. What is the total market value of the global inspection robots market report?

A. The forecast period considered for the global inspection robots market is 2021 to 2030, wherein, 2020 is the base year, 2021 is the estimated year, and 2030 is the forecast year.

A. To get latest version of global inspection robots market report can be obtained on demand from the website.

A. The base year considered in the global inspection robots market report is 2020.

A. The top companies holding the market share in the global inspection robots market report include Eddyfi Technologies, Gecko Robotics, Inc., Genesis Systems (IPG Photonics), Honeybee Robotics, Invert Robotics, JH Robotics, Inc., Montrose Technologies Inc., Shenzhen SROD Industrial Group Co., Ltd, Universal Robots and Waygate Technologies (Baker Hughes Company).

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. By robot type, the mobile robots segment dominated the global inspection robots market, in terms of revenue and is expected to maintain this trend during the forecast period.

A. By end-user industry, the oil & gas segment is the highest share holder of global inspection robots market.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. The market value of the global inspection robots market is $1,237.1 million in 2021.

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