0

Global Crawler Camera Systems Market Expected to Reach $191.4 Million by 2026

 
2022
Global Crawler Camera Systems Market

Report Code : A05843

quote End users are actively looking for more compact/miniature version of crawler units of scheduled inspection activities which usually require human interference. In order to cater to these needs, the manufacturers are working on research and development activities to introduce more advanced, compact and user friendly versions of crawler systems. quote

Shankar Bhandalkar
Team Lead-Research, Consumer Goods at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research titled, "Crawler Camera Systems Market by Product Type, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global crawler camera systems market size was valued at $120.2 million in 2018 and is anticipated to reach $191.4 million by 2026 end with a CAGR of 6.3% during the forecast period. The market exhibit incremental revenue opportunity of $71.2 million from 2018-2026. North America & Europe dominated the market in 2019, accounting for 69.5% of the total crawler camera systems market share collectively.

The increasing incidence of pipeline damages across sewage pipelines, industrial drainage systems had boosted the demand of effective pipeline management. The pipelines inspection activity is mainly conducted to analyze the health of drainage systems, probable cause of blockages, corrosion management and other applications. The crawler cameras systems offers number of benefits to uses during pipeline inspection activity. These benefits include precision based imaging solution, real time monitoring of pipeline network, multi-function assessment through single device etc.

The trend of miniature pipeline inspection is gaining popularity across industrial inspection application. Miniature crawler inspection systems offers flexible options from small diameter pipeline to large network of pipes. These systems are compatible with multiple camera setups, longer tethers, and other images processing software. The versatility of these systems enables the inspection of tanks, small and medium pipes, ships, vessels, boreholes and similar type of spaces where camera inspection is required. The compact sized crawler camera systems are ideal for scheduled or emergency inspections in nuclear stations, petrochemical plants, refineries hydro-electric stations etc.
The crawler camera systems market is segmented on the basis of product type, end user, and region. Based on product type, the Crawler camera systems market is categorized into Camera, Crawler and Others. The camera segment of the report account for highest revenue share in the overall market. The advancement in camera technologies and introduction of novel software platforms to analyze more complicated pipeline network. Furthermore, the manufacturers are introducing compact versions of their existing camera product line which is one of the key factor responsible for adoption of additional camera units among end users. The camera segment was valued at $57.7 million in 2019 and is expected to growth with a CAGR of 5.7% (2019-2026) to reach $191.4 million by 2026 growing at a CAGR of 6.3% during the forecast period. The crawler segment is anticipated to growth at a fastest CAGR owing to increased penetration of pipeline inspection technologies among residential and municipal end users. 

Based on end user, the crawler camera systems market is segmented into residential end users, industrial end users, municipal end users. The industrial end user segment was accounted for revenue $50.2 Mn in 2018 and is expected to reach $77.2 million by 2026. The industrial end user segment comprised on various stakeholder including, nuclear stations, petrochemical plants, refineries hydro-electric stations, chemical plants, automotive and mechanical industries, etc.

Geographically, the global crawler camera systems market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (Middle East, Latin America, and Africa). North America and Europe regions accounted for 69.5% share in terms of revenue in 2018. These regions have strong adoption of crawler camera systems due to substantial spending on pipeline maintenance compared with other regions. Moreover, the easy availability of auxiliary products and services related to crawler camera maintenance is also responsible for strong adoption of these systems in North America and Europe region.

Key Finding of The Crawler Camera Systems Market:

  • The camera systems products segment is expected to grow at a CAGR of 5.7% during the forecast period.
  • North America is anticipated to dominate the crawler camera systems market growth, registering a CAGR of 5.0%.
  • Asia-Pacific is projected to exhibit exponential growth throughout 2026, registering the highest of CAGR 9.0%. 
  • The industrial end user segment is anticipated to dominate the global crawler camera systems market analysis, with a CAGR of 5.9% during the crawler camera systems forecast period.
  • The residential end user segment is estimated to grow at a CAGR of 8.4% during the forecast period.

The key players profiled in this crawler camera systems industry report include IBAK, Deep Trekker Inc., Rausch Electronics, Mini-Cam Ltd, CUES Inc., Inspector Systems Rainer Hitzel GmbH, iPEK International GmbH, AM Industrial (UK) Ltd., and Subsite Electronics. Other prominent players analyzed during the course of study are Inuktun Services Ltd., Kummert GmbH, Mini-Cam Ltd., Scanprobe, Spoutvac Industries, Envirosight LLC, Insight Vision Cameras among others.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Crawler Camera Systems Market by Product Type (Camera, Crawler, and Others), and End User (Residential, Industrial, and Municipal): Global Opportunity Analysis and Industry Forecast, 2019–2026 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date May 2024

FMCG Packaging Market

Download Sample
rep-img

Published Date May 2024

Pet Insurance Market

Download Sample
rep-img

Published Date May 2024

Forex Brokers Market

Download Sample

Buy Full Version
"Global Crawler Camera Systems Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers