Report Code: A09880 | Pages: NA | Mar 2023 | 2144 Views | ||
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Request Now !The global robotic fueling systems market is experiencing significant growth and is expected to grow considerably in the next few years. Robotic refueling is an automated refueling system that utilizes high-end vision sensing and detection technologies to direct the nozzle into the fuel tank of the truck.Â
Robotic fueling systems can eliminate exposure of the operation personnel to flammable liquid as well as the repetitive strain injuries. This system helps in reducing interactions between personnel and vehicles, tire burst exposure, falling objects, and collision with other vehicles can be prevented. This scheme considerably improves the flexibility of the on-the-job project and solves cost, productivity, and safety difficulties when in place.
The global robotic fueling systems market is segmented on the basis of fuel pumped, payload-carrying capacity, industry vertical and region. Based on fuel pumped, the market is divided into gasoline, petrochemicals, natural gas. In terms of payload-carrying capacity, the market is categorized into up to 50 kg, 50–100 kg, 100–150 kg. In terms of industry vertical, the market is segregated into mining, warehouse and logistics, marine and shipping, automotive, oil & gas, aerospace, military & defense, construction, others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global robotic fueling systems industry include ABB Group, the Boeing Company, Rotec Engineering, Gazprom Neft, Mine Energy Solutions, Fuelmatics, FANUC Corporation, Plug Power, Inc., Shaw Development LLC, KUKA, Fanuac, and Scott Technology Ltd. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global robotic fueling systems market.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available For Years | 2019–2027 |
Base Year Considered | 2019 |
Forecast Period | 2020–2027 |
Forecast Unit | Value (USD) |
Segments Covered | Fuel Pumped, Payload-carrying Capacity, Industry Vertical, and Region |
Regions Covered | North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) |
Companies Covered | ABB Group, the Boeing Company, Rotec Engineering, Gazprom Neft, Mine Energy Solutions, Fuelmatics, FANUC Corporation, Plug Power, Inc., Shaw Development LLC, KUKA, Fanuac, and Scott Technology Ltd. |
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The surge in adoption of independent transport trucks in mining industry, where the gasoline is used as the main fuel, is expected to boost the robotic fueling systems market growth during the forecast period. In addition, factors, such as increase in demand for electric/hybrid cars, automation, and the rising implementation of cost-effective on-site refueling stations for mining haulage trucks, are driving the market growth.
However, the legal and safety regulations may hamper the market growth during forecast period. The replacement of manual caps with automated fuel caps is a considerable challenge, which may hamper the industry growth. On the contrary, increasing adoption of automation is expected to provide lucrative opportunities for the market growth during forecast period.
The advanced product launches across fueling systems use a laser scanner to determine the vehicle position as opposed to the expensive video imaging equipment used by earlier designs. Fuel dispensing can be enhanced by a less complicated and nozzle redesign mating process of the fuel port and the fuel nozzle, which reduces numerous autonomous tasks needed to be performed by the robotic arm. No requirement for operators on-site to refuel vehicles and to man fuel stations is considered. This is the key driving factor for the robotic fueling systems market growth during the forecast period.
Verticals such as automotive, mining, army & defense, aviation, and warehouse & logistics incorporate robotic refueling systems with a broad range of payload capability based on the type of fuel being pumped as well as the application of these technologies in each area; hence, aiding the market growth. The need for improved safety & security and the growing demand for low-cost operations in mining vertical are providing further impetus to the market growth. In addition, fuel dispensation is the key driver of the robotic fueling systems market growth.Â
Key Segments Covered
Segments | Sub-Segments |
Fuel Pumped |
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Payload-Carrying Capacity |
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Industry Vertical |
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Key Benefits of the Report
Questions Answered in the Robotic Fueling Systems Market Research Report
Robotic Fueling Systems Market Report Highlights
Aspects | Details |
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By Fuel Pumped |
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By Industry Vertical |
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By Region |
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Key Market Players | Company1, Company2, Company3, Company4, Company5, Company6, Company7, Company8, Company9, Company10 |
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