Uploaded on Jul 3, 2020
Robots have found extensive applications for automating several repetitive industrial tasks. In conjunction with the development in the robotic vision systems and sensing, requirements for better production quality in the industrial manufacturing procedures and focus towards eliminating human errors in these operations have in turn led to significant growth of the inspection robotics market.
Inspection Robotics Market
Inspection Robotics Market Expected to Witness the Highest Growth 2027
Market Overview
Robots have found extensive applications for automating several repetitive industrial tasks. In
conjunction with the development in the robotic vision systems and sensing, requirements for better
production quality in the industrial manufacturing procedures and focus towards eliminating human
errors in these operations have in turn led to significant growth of the inspection robotics market. Some
of the major applications of these systems include inspection of water pipelines, high voltage
transmission lines, bridges, and dams.
Better production quality assessment in industry critical applications, specifically that including
aerospace and oil & gas exploration form the basis of their applications. Introduction of human errors in
these processes can threaten loss of million dollars or endanger multiple human lives. These
applications for high accuracy are expected to garner consistent demands over the following few years.
Moreover, high return on investment (ROI), owing to reduction in manual workforce expenses, 24-hour
working capacities, less residual waste generation, and minimal human intervention requirement will
provide considerable growth opportunities for the global inspections robotics market.
Request Sample Copy Of This Business Report:
https://www.coherentmarketinsights.com/insight/request-sample/604
Market Dynamics
Generic robots were attributed with operations in specific area at particular time owing to lack of
appropriate vision systems. Incorporation of vision sensors, cameras, and software that can control the
operation of these automated systems has led to significant increase in the application of these systems.
For instance, SkySpecs offers autonomous wind turbine drone examination solutions that can operate
independently and examine the various parameters of the turbines to determine its power efficiency.
Moreover, such applications in wind power industry, high altitude or unfavorable working environment
that endangers human lives can be easily met with the utilization of these systems. These factors are
expected to drive the global inspection robotics market growth.
Owing to its high initial one time capital, it is difficult for SMEs to adopt these solutions. Availability of
low cost work force in some emerging economies that include China, India, and Indonesia, will also
present considerable growth challenge. Moreover, requirement to meet regulatory compliances for the
co-existence of the human and automated workforce such as Robot Ethics Charter in South Korea and
RoboLaw project in the EU, is projected to hamper adoption of inspection robots.
Get Request Customization Copy Of This Business Report:
https://www.coherentmarketinsights.com/insight/request-customization/604
Key players in the global inspection robotics market include AETOs, GE Inspection Robotics, Honeybee
Robotics, Inuktun Services, and Universal Robots. Other prominent key players in the global
inspection robotics market includes, AZoRobotics, Calmation, Cognex, Cross Robotics, ECA Group,
Faro, FMC Technologies, Genesis Systems Group, Hydrovision, Inspectorbots, JH Robotics, Lakeview
Vision and Robotics, Leo Robotics, NuTec, RNA Automation, SuperDroid Robots, Robotic Automation
Systems, Warren Industrial Solutions, and Wauseon Machine and Manufacturing among others.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready
syndicated research reports, custom market analysis, consulting services, and competitive analysis
through various recommendations related to emerging market trends, technologies, and potential
absolute dollar opportunity.
Contact Us:
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: [email protected]
Visit Our Blogs: https://blog.coherentmarketinsights.com
Comments