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Inspection Robots Market expected to grow at a CAGR of 17.3% during the forecast period from 2018 to 2026

Product Summary

The study is given to the analysis of the latest growth trends and prospects for the Inspection Robots market.

The section “Inspection Robots Market” includes an examination of the situation in major sections of the Inspection Robots market. The markets in European Union countries are examined in more detail, giving a timeline of financial results reported by major 3PL providers in 2017.

Browse Report: https://www.credenceresearch.com/report/inspection-robots-market

Market Insight:

Inspection robots, over the years, have emerged as an important tool for inspecting locations that are difficult or dangerous to access. As compared to current methods of inspection, inspection robots have proved to be significantly beneficial. Moreover, the fact that these robots can assist human inspectors round the clock and operate in extreme and harsh conditions has further led to its increased adoption across various end-use industries such as oil & gas, petrochemicals and utilities among others.

One of the most prominent factors aiding the inspection robots market growth is the fact that the availability of skilled labor has been a cause of concern in recent years. In addition, the process of hiring, training and retaining such employees is a costly affair, a factor further complimenting the demand growth for inspection robots. Moreover, the implementation of inspection robots greatly improves the operational efficiency and at the same time reduces labor costs. This factor enables business to generate positive cash flow by attaining a better return on investment.

Automation in industries such as automotive, food and beverages and utilities has significantly reduced manual inspection. This move on the part of industries is directed towards improving the operational efficiency. Minimization of anomalies and deviations in processes forms a critical aspect in industries such as oil & gas, petrochemical and food & beverages. These industries in order to improve quality standards and enable efficient and smooth running of processes, are increasingly adopting inspection robots.

As per recent trends, it has been witnessed that there has been a growing focus towards making pipe inspection inherently safer. Pipe inspection robots in this context, are a perfect solution to ensure workers safety and at the same time ensuring that the job gets done. The advantages of pipe inspection robots can be understood from the fact that it is capable of performing the most tedious and dangerous tasks, thus restricting the human efforts to only apply the fix once the problem is diagnosed.

Some of the major players operating in the market include General Electric Company, Aetos Group, Inuktun Services Ltd., Honeybee Robotics, Universal Robots A/S, Genesis Systems Group, Alstom Inspection Robotics, JH Robotics, Inc., LEO Robotics and Superdroid Robots, Inc. among others.

“Inspection Robots Market” is a new report by us that explains how companies’ acquisition expenditures, media spend, business strategies, marketing and sales strategies and practices, and business plan are set to change in 2017-2018. This paper gives you access to the category-level spending forecasts, business challenges, budgets, supplier selection criteria, the current size of the marketing and promotion budgets and investment opportunities for senior-level officials. The report also identifies the expected growth of buyers and suppliers, capital expenditure, staff hiring, M and A, and e-procurement. This report not only gives access to the views and strategies of business decision makers and rivals but also examines their actions circling business priorities. The report also provides access to information categorized by company type and sizes, region,

Introduction and Landscape

Company Profiles
10.1 General Electric Company
10.2 Aetos Group
10.3 Inuktun Services Ltd.
10.4 Honeybee Robotics
10.5 Universal Robots A/S
10.6 Genesis Systems Group
10.7 Alstom Inspection Robotics
10.8 JH Robotics, Inc.
10.9 LEO Robotics
10.10 Superdroid Robots, Inc.

Why was the report written?

This report is the result of an extensive survey drawn from Our Research’s elite panel of leading global senior level executives from enterprises such as such as medical devices, mining, packaging, power, oil, and gas, food and beverage, airports and pharmaceutical. The report covers key topics such as appropriation behaviors and strategies, the current size of the marketing and advertising budgets. Besides the report also recognizes the threats and possibilities, economic outlook trends, media channel spending outlooks, M and A expectations, marketing agency selection models, media budgets, business challenges and confidence among senior-level executives across various industries. Most secondary research papers are based on general industry drivers and do not understand the industry officials’ attitude and changing behaviors, creating a gap in showing the business opportunity of the industry. In an effort to bridge this gap, Our Research created this primary-research based report by selecting the opinions of various stakeholders in the value-chain of the industry

This report offers:

  • Analysis of several products, and regions that would provide the clear understanding of the ongoing and future trends in the global Inspection Robots market
  • Assessment of market dynamics such as drivers, restraints, and opportunities prevalent in the market
  • Quantitative assessment of the current market size and future estimations for the period from 2016 to 2026, along with CAGRs for the period from 2018 to 2026
  • Company profiles that will highlight key information about the imperative players operating in the global Inspection Robots devices market

Here you can get an updated sample on this report: https://www.credenceresearch.com/sample-request/59162

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