Crawler camera systems are inspection equipment which has steerable wheels attached to camera unit for easy movement. Crawler camera systems enable user to operate it remotely while capturing/inspecting the footage from the camera. These camera systems are used to check the probable damage site in various pipeline networks. Robotic crawlers are widely used to conduct detailed inspection carried out during repair work. According to AMR, the global crawler camera systems was valued at $120.2 Mn in 2018 and is anticipated to reach $191.4 Mn by 2026 end with a CAGR of 6.3% during the forecast period. The crawler camera systems market exhibit incremental revenue opportunity of $71.2 Mn from 2018-2026.
Crawler camera inspection systems is gaining popularity across industry applications. Advancement in robotic crawler systems had provided the use of crawler cameras into various critical operation including radiographic inspection, automated ultrasonic testing. Many crawler camera inspection systems are available in a range of two and four wheel drive which are capable of operating in variety of pipes and other drainage systems. These systems are also capable of assessing wide range of pipe anomalies including corrosion, mechanical damage, and cracks. The concept of “smart” crawler has been gaining popularity among industrial end users. The companies are continuously taking effort to make more additions to their existing product line. For ex. Envirosight LLC had recently implemented a more reliable digital technology names CANbus (Controller Area Network bus) which was originally developed by engineers at Robert Bosch GmbH for automotive industry. CANbus enables the crawler to establish connection with all the component with each other for better communication. The introduction of such novel technologies has eliminated the hurdles associated with traditional modes of operation. Traditionally, the crawler camera system is controlled using multi-conductor cable in which individual wire has been allocated to specific functions. This multi-conductor cables makes the system heavy, fragile and costly to maintain. The camera segment was valued at $57.7 million in 2018, and is projected to reach $88.0 million by 2026, growing at a CAGR of 5.7% from 2019 to 2026. North America was the highest contributor to this market, with $43.3 million in 2018, and is anticipated to reach $62.4 million by 2026, registering a CAGR of 5.0% over the forecast period.
Premium prices of systems and associated accessories have decreased the adoption of pipeline inspection systems. End user from Asia region are largely focusing on procuring cost effect solution for waste management and sewage management activities due to limited expenditure by government authorities on repair and maintenance. Moreover, the manufacturer are main competing on the basis of product differentiation. Thus, these manufacturers are introducing novel products with high price which are further reduced overall adoption of crawler camera systems. The novel products are also equipped with various services such as software services, maintenance services which are a costlier affair for residential end user. The above factors are collective decreased the overall penetration of crawler camera systems.
Segment review
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 was valued at $57.7 million in 2018, and is projected to reach $88.0 million by 2026, growing at a CAGR of 5.7% from 2019 to 2026. Based on end user, the crawler camera systems market is segmented into Residential end users, Industrial end users, Municipal end users. The municipal end user segment of the report considers various stakeholder including Contractor, city municipal corporation, DOT, and other government authorities, 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).
The key players profiled in this 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.
Key benefits for stakeholders
KEY MARKET SEGMENTS
The global crawler camera systems market is segmented into
By Product Type
By End User
By Region
Key Players in Value Chain
Premium prices of systems and associated accessories have decreased the adoption of pipeline inspection systems. End user from Asia region are largely focusing on procuring cost effect solution for waste management and sewage management activities due to limited expenditure by government authorities on repair and maintenance. Moreover, the manufacturer are main competing on the basis of product differentiation. Thus, these manufacturers are introducing novel products with high price which are further reduced overall adoption of crawler camera systems. The novel products are also equipped with various services such as software services, maintenance services which are a costlier affair for residential end user. The above factors are collective decreased the overall penetration of crawler camera systems.
Segment review
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 was valued at $57.7 million in 2018, and is projected to reach $88.0 million by 2026, growing at a CAGR of 5.7% from 2019 to 2026. Based on end user, the crawler camera systems market is segmented into Residential end users, Industrial end users, Municipal end users. The municipal end user segment of the report considers various stakeholder including Contractor, city municipal corporation, DOT, and other government authorities, 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).
The key players profiled in this 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.
Key benefits for stakeholders
- The study provides an in-depth analysis of the global crawler camera systems market, with current and future trends to elucidate the imminent investment pockets in the market.
- Current and future trends are outlined in the report to determine the overall market attractiveness and single out profitable trends to gain a stronger foothold in the market.
- The report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis of the current market and estimation for the same from 2018 to 2026 is provided to showcase the financial competency of the market.
- The report tracks the penetration of crawler camera systems in overall market under parent market analysis section of the report. This section also illustrate the coverage of the study along with its inclusions and exclusions.
- Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as, threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
- Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
- Competitive intelligence highlights the business practices followed by the leading market players across various regions.
KEY MARKET SEGMENTS
The global crawler camera systems market is segmented into
By Product Type
- Camera
- Crawler
- Others
By End User
- Residential
- Industrial
- Municipal
By Region
- North America
- U.S.
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- LAMEA
- Middle East
- Latin America
- Africa
Key Players in Value Chain
- IBAK
- Deep Trekker Inc.
- Rausch Electronics
- Mini-Cam Ltd
- CUES Inc.
- Inspector Systems Rainer Hitzel GmbH
- iPEK International GmbH
- AM Industrial (UK) Ltd.
- Subsite Electronics
- Inuktun Services Ltd.
- Kummert GmbH
- Mini-Cam Ltd.
- Scanprobe
- Spoutvac Industries
- Envirosight LLC
- Insight Vision Cameras
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Crawler Camera Systems Market, By Product Type
Chapter 5: Crawler Camera Systems Market, By End User
Chapter 6: Crawler Camera Systems Market By Region
Chapter 7: Competition Landscape
Chapter 8: Company Profiles
Executive Summary
According to the report 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.
Companies Mentioned
- IBAK
- Deep Trekker Inc.
- Rausch Electronics
- Mini-Cam Ltd
- CUES Inc.
- Inspector Systems Rainer Hitzel GmbH
- iPEK International GmbH
- AM Industrial (UK) Ltd.
- Subsite Electronics.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 183 |
| Published | November 2019 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 57.7 million |
| Forecasted Market Value ( USD | $ 88 million |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
