The inspection and maintenance of the robot refer to intervene in robots under challenging areas or sites to reduce the risk associated with the lives of human resources and to optimize the work. Also, inspection and maintenance involve monotonous work and have repetitive operations. Thus, robots are used to reduce cost, fatigue, and improves the efficiency of the work.
The global inspection and maintenance robot market has the potential to grow by USD 3.5 billion at propelling CAGR in the forecast period from 2020-2027. With the rapid development advancement in technology, personnel risk associated with dangerous areas, environmental and economic safety, and rising demand for automation is fueling the market demand for inspection and maintenance robot market.
The major growth drivers of the inspection and maintenance robot market are the rising industrial risk related to inspection and maintenance work on sites. Environment risk and safety of the workforce is the primary reason for intervening the robots for inspection purpose as robots can quickly analyze the operations and functions of the machine and provide reports as well.
Moreover, the robots also help in inspections of the workforce 24/7 and keep a check on the operations of the monotonous task and have the ability to work under harsh, dirty, and hazardous environments. Thus, the adoption of robots and removal of personnel from dangerous situations is the primary driver for maintaining the health and safety of the workforce.
Furthermore, robots help in providing technological safety, and they are robust enough to work according to safety guidelines by the industries. Thus, robots’ operations are helpful in the conditions where assets after cleaning releases harmful volatile organic compounds and robot add value to reduce its impact on the environment. Therefore, robots are useful in reducing the detrimental effects on the environment and improves the economic condition as well.
The adoption of robots not only reduces the workload from humans but also impacts positively on the operations and functions of the industry. For maintaining the regular and monotonous or repetitive features, it requires lots of costs and increases the chance of human error as well. Therefore, swapping robots with human resources will reduce the overall operations cost and enhance the efficiency and productivity of the work and improves safety too.
The robots mainly intervene in a complicated situation or in a hazardous environment where there is high risk involved with the lives of human resources. The robots have unique designs and structures that can undergo in a dangerous condition and do inspection and maintenance of such workplaces. Thus, it reduces the harmful effects on the environment and also minimizes the wastage and downtime of the machines.
Based on the type, the global inspection and maintenance robot market bifurcated into Autonomous, Remotely Operated. The autonomous segment accounted for the largest share of the market is expected to grow at a higher rate during the forecast period from 2020-2027. Autonomous robots are intelligent machines use to perform the task without any human control. They are capable of doing work under severe conditions where there is a high chance of explosion and the need for inspection. Thus, autonomous robots can gather information from the sensors and send pictures of instruments, temperatures, and others while moving on the route shown on the map of the plant. Therefore, autonomous robots are also known as the first-generation machine, can autonomously move and perform the task without human intervention.
Based on the component, the global inspection and maintenance robot market attributed to hardware and software. The Software segment has the largest market share in the global inspection and maintenance robot market. The software component in robot used for inspection and maintenance to send a picture of the plant, instruments, the temperature of the machines, and gas detectors. Moreover, the hardware component in the robot provides reliability, integrity, inspection technique to evaluate the entire process.
Based on the End-use, the global inspection and maintenance robot market classified into Oil gas & Petrochemical, Food and Beverages, Utility, Others. The oil gas & petrochemical segment has captured the largest market share in the global inspection and maintenance robot market. The oil gas and petrochemical industry are considered as dangerous workplaces as they have high chances of pressurized explosion and discharge of hazardous gases due to the opening and closing of the lid during normal operations. Therefore, the robots are intervened in the inspection and maintenance of the industries like oil gas and petrochemical as they have risk involve for human resources.
Based on geography, the global inspection and maintenance robot market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Europe expected to hold the largest share of the global inspection and maintenance robot market. It is mainly owing to the development of technology, the adoption of robots due to high economic growth. Robots used in deep water for inspection and maintenance purposes; thus, the European region will fuel the market demand for the inspection and maintenance robot market in the forecast period from 2020-2027.
Companies such as Cognex Group, FARO Technologies, Inc., Oceaneering, Shell, Aetos Group, Ensign-Bickford Industries Inc., Eddyfi NDT Inc., GE inspection Robotics (a joint venture of GE Power services and the Swiss Federal Institute of Technology), Gecko Robotics, Genesis Systems Group, JH Robotics, Inc., LEO, Robotics, Robotnik, Superdroid Robots, Inc., and ULC robotics and others are key players in the global inspection and maintenance robot market.