Global inspection robots market 2024-2028

Description

List of Tables

The inspection robots market is forecasted to grow by USD 5700.4 mn during 2023-2028, accelerating at a CAGR of 19.86% during the forecast period. The report on the 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advantages of robotic inspection over manual inspection, rising demand for automated inspection and testing, and increasing popularity of preventive maintenance.

Technavio's inspection robots market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	16.06%
CAGR	19.86%
Incremental Value	$5700.4mn

ByType

ROVs
Autonomous robots

ByEnd-user

Oil and gas
Petrochemicals
Food and beverages
Others

ByGeography

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the shift towards cloud-based solutions in inspection robots as one of the prime reasons driving the inspection robots market growth during the next few years. Also, integration of iot and ai to optimize inspection operations and advancements in mobile robots will lead to sizable demand in the market.

The report on the 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 Blue Origin Enterprises LP, Cognex Corp., Cross Co., Cyberhawk Innovations, Eddyfi Technologies, FARO Technologies Inc., Flyability SA, GECKO ROBOTICS INC., General Electric Co., Genesis Systems, Groupe Gorge SA, Invert Robotics Group Ltd., IPG Photonics Corp., JH Robotics Inc, Mistras Group Inc., Robotic Automation Systems, SuperDroid Robots 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.

Product Code: IRTNTR40023

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Inspection Robots Market 2018 - 2022
- Historic Market Size - Data Table on Global Inspection Robots Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 ROVs - Market size and forecast 2023-2028
- Chart on ROVs - Market size and forecast 2023-2028 ($ million)
- Data Table on ROVs - Market size and forecast 2023-2028 ($ million)
- Chart on ROVs - Year-over-year growth 2023-2028 (%)
- Data Table on ROVs - Year-over-year growth 2023-2028 (%)
6.4 Autonomous robots - Market size and forecast 2023-2028
- Chart on Autonomous robots - Market size and forecast 2023-2028 ($ million)
- Data Table on Autonomous robots - Market size and forecast 2023-2028 ($ million)
- Chart on Autonomous robots - Year-over-year growth 2023-2028 (%)
- Data Table on Autonomous robots - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
7.3 Oil and gas - Market size and forecast 2023-2028
- Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
- Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
- Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
- Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
7.4 Petrochemicals - Market size and forecast 2023-2028
- Chart on Petrochemicals - Market size and forecast 2023-2028 ($ million)
- Data Table on Petrochemicals - Market size and forecast 2023-2028 ($ million)
- Chart on Petrochemicals - Year-over-year growth 2023-2028 (%)
- Data Table on Petrochemicals - Year-over-year growth 2023-2028 (%)
7.5 Food and beverages - Market size and forecast 2023-2028
- Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
- Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
- Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
- Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Blue Origin Enterprises LP
- Blue Origin Enterprises LP - Overview
- Blue Origin Enterprises LP - Product / Service
- Blue Origin Enterprises LP - Key offerings
12.4 Cognex Corp.
- Cognex Corp. - Overview
- Cognex Corp. - Product / Service
- Cognex Corp. - Key offerings
12.5 Cross Co.
- Cross Co. - Overview
- Cross Co. - Product / Service
- Cross Co. - Key offerings
12.6 Eddyfi NDT Inc.
- Eddyfi NDT Inc. - Overview
- Eddyfi NDT Inc. - Product / Service
- Eddyfi NDT Inc. - Key offerings
12.7 General Electric Co
- General Electric Co - Overview
- General Electric Co - Business segments
- General Electric Co - Key news
- General Electric Co - Key offerings
- General Electric Co - Segment focus
12.8 Groupe Gorge SA
- Groupe Gorge SA - Overview
- Groupe Gorge SA - Business segments
- Groupe Gorge SA - Key offerings
- Groupe Gorge SA - Segment focus
12.9 IPG Photonics Corp.
- IPG Photonics Corp. - Overview
- IPG Photonics Corp. - Product / Service
- IPG Photonics Corp. - Key offerings
12.10 Mistras Group Inc.
- Mistras Group Inc. - Overview
- Mistras Group Inc. - Business segments
- Mistras Group Inc. - Key offerings
- Mistras Group Inc. - Segment focus
12.11 TechnipFMC plc
- TechnipFMC plc - Overview
- TechnipFMC plc - Business segments
- TechnipFMC plc - Key offerings
- TechnipFMC plc - Segment focus
12.12 Teradyne Inc.
- Teradyne Inc. - Overview
- Teradyne Inc. - Business segments
- Teradyne Inc. - Key news
- Teradyne Inc. - Key offerings
- Teradyne Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations