Research and Markets: Global Inspection Robots Market in the Oil and Gas Industry Market 2015-2019
Research and Markets (http://www.researchandmarkets.com/research/ngjbwg/global_inspection)
has announced the addition of the "Global
Inspection Robots Market in the Oil and Gas Industry Market 2015-2019"
report to their offering.
The global inspection robots market in the oil and gas industry to grow
at a CAGR of 20.46% over the period 2014-2019
The report covers the current scenario and the growth prospects of the
global inspection robots market in the oil and gas industry for the
period of 2015-2019. To calculate the market size, the report considers
revenue generated through the sales of various inspection robots in the
oil and gas industry. The report includes a discussion of the key
vendors operating in this market.
Inspection robots play an important part in the oil and gas industry by
taking the invaluable role of inspection, monitoring, and surveillance
of complex structures in oil and gas, and, thereby, averting any
disasters that may occur otherwise. The use of these robots help in
reducing human intervention, increase operational efficiency, reduces
cost and improves safety.
Companies are diverting substantial funds to innovate and improve the
quality and technology of sensors and achieve a better competitive
market edge. For example, in collaboration with the oil and gas giant
Shell, Carnegie Mellon University developed the Sensabot especially to
withstand severe weather and extremes of temperatures with numerous
sensors to inspect oil and gas equipment and over ground pipelines.
According to the report, the increase in offshore drilling activity is
one of the major drivers in the global inspection robots market in the
oil and gas industry. There is increased interest in extracting oil and
gas from offshore to ensure supply to meet the increasing worldwide
demand especially due to the continued depletion of onshore resources.
Offshore oil and gas explorations represent an untapped yet expensive
and inaccessible supply of valuable resources.
Further, the report states that the ROV has some disadvantages like
limited depth range due to the limitation of the length of the umbilical
cable. It may not be feasible to operate in shallow waters as the
equipment needs a hard boat to operate. The equipment may also not be
able to function well in areas with strong water currents and water
turbulence. ROVs can themselves interfere with the water sediments.
The market is divided into the following segments based on product
Remotely operated vehicles
Autonomous underwater vehicles
Unmanned aerial vehicles
Unmanned ground vehicles
Alstom Inspection Robots
Other prominent vendors
International Submarine Engineering
For more information visit http://www.researchandmarkets.com/research/ngjbwg/global_inspection
View source version on businesswire.com: http://www.businesswire.com/news/home/20151125005566/en/
Copyright Business Wire 2015
Source: Business Wire
(November 25, 2015 - 10:39 AM EST)
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