Industrial robots are likely to play an integral role across end-user industries (automotive, electronics and electrical and food and beverages) worldwide that are opting for automation of their critical applications to ensure operational efficiency and superior quality products. Inspection robots belonging to the family of industrial robots will subsequently find a higher adoption in industries like the oil and gas, petrochemical, and food and beverage industries. Initially, these industries carried out manual inspections, which fail to detect and scrutinize deviations or anomalies in the existing processes. To eliminate such instances, inspection robots are being deployed to ensure that processes are smooth and streamlined, and products match up to the quality standards.
Technavio’s analysts forecast the global inspection robots market to grow at a CAGR of 16.68% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global inspection robots market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Inspection Robots Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - AZoRobotics - Calmation - Cognex - Cross Robotics - ECA Group - Faro - FMC Technologies - Genesis Systems Group - Hydrovision - Inspectorbots - JH Robotics - Lakeview Vision and Robotics - Leo Robotics - NuTec - RNA Automation - SuperDroid Robots - Robotic Automation Systems - Warren Industrial Solutions - Wauseon Machine and Manufacturing
Market driver - Increased focus on positive cash flow. - For a full, detailed list, view our report
Market challenge - High system engineering and installation costs. - For a full, detailed list, view our report
Market trend - Longer service life, reduction in power requirement, and miniaturization. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Our reports have been used by over 10K customers, including:
839 pages •
By Mind Commerce Publishing
• Oct 2018
Overview: A massive transformation is underway with the convergence of Artificial Intelligence (AI), Cloud infrastructure and processes, advanced Robotics, and IoT enabled Digital Twinning. A digital twin represents a cyber-world duplicate of a real-world object, which can be virtual any type of object ranging from industrial...
Report Scope: This research report categorizes the defense robotics market by type. Product types include unmanned aerial vehicles, unmanned ground-based vehicles, unmanned underwater vehicles and demining robots. Report Includes: - 107 tables - An overview of the global markets for defense...
Increase in seaborne trade in the coming years is the key factor expected to impact the growth of the integrated marine automation system market The integrated marine automation system market is estimated to be valued at USD 3.64 billion in 2018 and is projected to reach USD 4.00 billion by 2023, at a CAGR of 1.90% during...
The global demand for Process Automation and Instrumentation is forecast to report strong growth driven by consumption in major emerging markets.More growth opportunities to turn up between 2018 and 2025 compared to a few years ago, suggesting the rapid pace of change. Companies quickly adapting to this changing landscape are emerging...
The Cloud robotics market was valued at USD 2.43 billion in 2017 and is expected to register a CAGR of 27% during the forecast period (2018 - 2023), to reach USD 10.16 billion by 2023. Cloud robotics is based on a model where remote computing resources enable higher memory, computational power, collective learning, and interconnectivity for...
The global process automation market was valued at USD 108.43 billion in 2017 and is expected to reach a value of USD 165.87 billion by 2023 at a CAGR of 7.16% over the forecast period of 2018–2023. The scope of the market covers several types of control systems and associated instrumentation used for industrial process control. Such systems...