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Global Inspection Robots Market 2021-2025

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    Report

  • 120 Pages
  • April 2021
  • Region: Global
  • TechNavio
  • ID: 4856401
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The publisher has been monitoring the inspection robots market and it is poised to grow by $ 8.23 bn during 2021-2025, progressing at a CAGR of almost 29% during the forecast period. The report on inspection robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the advantages of robotic inspection over manual inspection and rising demand for automated inspection and testing.

The inspection robots market analysis includes end-user segment, type segment, and geographic landscape.

The inspection robots market is segmented as below:

By End-user
  • Oil and gas
  • Petrochemicals
  • Food and beverages
  • Others

By Type
  • ROVs
  • Autonomous robots

By Geographical Landscape
  • Europe
  • APAC
  • North America
  • MEA
  • South America

This study identifies the increasing number of M&Asas one of the prime reasons driving the inspection robots market growth during the next few years.

The report on inspection robots market covers the following areas:
  • Inspection robots market sizing
  • Inspection robots market forecast
  • Inspection robots market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading inspection robots market vendors that include Cognex Corp., Eddyfi NDT Inc., Ensign-Bickford Industries Inc., FARO Technologies Inc., General Electric Co., Groupe Gorgé, IPG Photonics Corp., Mistras Group Inc., TechnipFMC Plc, and Teradyne Inc. Also, the inspection robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

Executive Summary
  • Market overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis
  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user
  • Market segments
  • Comparison by End user
  • Oil and gas - Market size and forecast 2020-2025
  • Petrochemicals - Market size and forecast 2020-2025
  • Food and beverages - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by End user

Market Segmentation by Type
  • Market segments
  • Comparison by Type
  • ROVs - Market size and forecast 2020-2025
  • Autonomous robots - Market size and forecast 2020-2025
  • Market opportunity by Type

Customer landscape
Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape
  • Overview
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Cognex Corp.
  • Eddyfi NDT Inc.
  • Ensign-Bickford Industries Inc.
  • FARO Technologies Inc.
  • General Electric Co.
  • Groupe Gorgé
  • IPG Photonics Corp.
  • Mistras Group Inc.
  • TechnipFMC Plc
  • Teradyne Inc.

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of ExhibitsExhibits1: Key Finding 1Exhibits2: Key Finding 2Exhibits3: Key Finding 3Exhibits4: Key Finding 5Exhibits5: Key Finding 6Exhibits6: Key Finding 7Exhibits7: Key Finding 8Exhibits8: Key Finding 9Exhibits9: Parent marketExhibits10: Market characteristicsExhibits11: Offerings of vendors included in the market definitionExhibits12: Market segmentsExhibits13: Global - Market size and forecast 2020 - 2025 ($ million)Exhibits14: Global market: Year-over-year growth 2020 - 2025 (%)Exhibits15: Five forces analysis 2020 & 2025Exhibits16: Bargaining power of buyersExhibits17: Bargaining power of suppliersExhibits18: Threat of new entrantsExhibits19: Threat of substitutesExhibits20: Threat of rivalryExhibits21: Market condition - Five forces 2020Exhibits22: End user - Market share 2020-2025 (%)Exhibits23: Comparison by End userExhibits24: Oil and gas - Market size and forecast 2020-2025 ($ million)Exhibits25: Oil and gas - Year-over-year growth 2020-2025 (%)Exhibits26: Petrochemicals - Market size and forecast 2020-2025 ($ million)Exhibits27: Petrochemicals - Year-over-year growth 2020-2025 (%)Exhibits28: Food and beverages - Market size and forecast 2020-2025 ($ million)Exhibits29: Food and beverages - Year-over-year growth 2020-2025 (%)Exhibits30: Others - Market size and forecast 2020-2025 ($ million)Exhibits31: Others - Year-over-year growth 2020-2025 (%)Exhibits32: Market opportunity by End userExhibits33: Type - Market share 2020-2025 (%)Exhibits34: Comparison by TypeExhibits35: ROVs - Market size and forecast 2020-2025 ($ million)Exhibits36: ROVs - Year-over-year growth 2020-2025 (%)Exhibits37: Autonomous robots - Market size and forecast 2020-2025 ($ million)Exhibits38: Autonomous robots - Year-over-year growth 2020-2025 (%)Exhibits39: Market opportunity by TypeExhibits40: Customer landscapeExhibits41: Market share by geography 2020-2025 (%)Exhibits42: Geographic comparisonExhibits43: Europe - Market size and forecast 2020-2025 ($ million)Exhibits44: Europe - Year-over-year growth 2020-2025 (%)Exhibits45: APAC - Market size and forecast 2020-2025 ($ million)Exhibits46: APAC - Year-over-year growth 2020-2025 (%)Exhibits47: North America - Market size and forecast 2020-2025 ($ million)Exhibits48: North America - Year-over-year growth 2020-2025 (%)Exhibits49: MEA - Market size and forecast 2020-2025 ($ million)Exhibits50: MEA - Year-over-year growth 2020-2025 (%)Exhibits51: South America - Market size and forecast 2020-2025 ($ million)Exhibits52: South America - Year-over-year growth 2020-2025 (%)Exhibits53: Key leading countriesExhibits54: Market opportunity by geography ($ million)Exhibits55: Impact of drivers and challengesExhibits56: Vendor landscapeExhibits57: Landscape disruptionExhibits58: Industry risksExhibits59: Vendors coveredExhibits60: Market positioning of vendorsExhibits61: Cognex Corp. - OverviewExhibits62: Cognex Corp. - Business segmentsExhibits63: Cognex Corp. - Key offeringsExhibits64: Cognex Corp. - Key customersExhibits65: Cognex Corp. - Segment focusExhibits66: Eddyfi NDT Inc. - OverviewExhibits67: Eddyfi NDT Inc. - Product and serviceExhibits68: Eddyfi NDT Inc. - Key offeringsExhibits69: Eddyfi NDT Inc. - Key customersExhibits70: Eddyfi NDT Inc. - Segment focusExhibits71: Ensign-Bickford Industries Inc. - OverviewExhibits72: Ensign-Bickford Industries Inc. - Product and serviceExhibits73: Ensign-Bickford Industries Inc. - Key offeringsExhibits74: Ensign-Bickford Industries Inc. - Key customersExhibits75: Ensign-Bickford Industries Inc. - Segment focusExhibits76: FARO Technologies Inc. - OverviewExhibits77: FARO Technologies Inc. - Business segmentsExhibits78: FARO Technologies Inc. - Key offeringsExhibits79: FARO Technologies Inc. - Key customersExhibits80: FARO Technologies Inc. - Segment focusExhibits81: General Electric Co. - OverviewExhibits82: General Electric Co. - Business segmentsExhibits83: General Electric Co. - Key offeringsExhibits84: General Electric Co. - Key customersExhibits85: General Electric Co. - Segment focusExhibits86: Groupe Gorgé - OverviewExhibits87: Groupe Gorgé - Business segmentsExhibits88: Groupe Gorgé - Key offeringsExhibits89: Groupe Gorgé - Key customersExhibits90: Groupe Gorgé - Segment focusExhibits91: IPG Photonics Corp. - OverviewExhibits92: IPG Photonics Corp. - Business segmentsExhibits93: IPG Photonics Corp. - Key offeringsExhibits94: IPG Photonics Corp. - Key customersExhibits95: IPG Photonics Corp. - Segment focusExhibits96: Mistras Group Inc. - OverviewExhibits97: Mistras Group Inc. - Business segmentsExhibits98: Mistras Group Inc. - Key offeringsExhibits99: Mistras Group Inc. - Key customersExhibits100: Mistras Group Inc. - Segment focusExhibits101: TechnipFMC Plc - OverviewExhibits102: TechnipFMC Plc - Business segmentsExhibits103: TechnipFMC Plc - Key offeringsExhibits104: TechnipFMC Plc - Key customersExhibits105: TechnipFMC Plc - Segment focusExhibits106: Teradyne Inc. - OverviewExhibits107: Teradyne Inc. - Business segmentsExhibits108: Teradyne Inc. - Key offeringsExhibits109: Teradyne Inc. - Key customersExhibits110: Teradyne Inc. - Segment focusExhibits111: Currency conversion rates for US$Exhibits112: Research MethodologyExhibits113: Validation techniques employed for market sizingExhibits114: Information sourcesExhibits115: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global inspection robots market: Cognex Corp., Eddyfi NDT Inc., Ensign-Bickford Industries Inc., FARO Technologies Inc., General Electric Co., Groupe Gorgé, IPG Photonics Corp., Mistras Group Inc., TechnipFMC Plc, and Teradyne Inc.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is the increasing number of M&As.'

According to the report, one of the major drivers for this market is the advantages of robotic inspection over manual inspection.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Cognex Corp.
  • Eddyfi NDT Inc.
  • Ensign-Bickford Industries Inc.
  • FARO Technologies Inc.
  • General Electric Co.
  • Groupe Gorgé
  • IPG Photonics Corp.
  • MISTRAS Group Inc.
  • TechnipFMC Plc
  • Teradyne Inc.