Total Capex of Inspection Robots in Oil & Gas Industry to Grow at Double-Digit CAGR to 2025, Says GMR Data in Report Available at MarketPublishers.com27 Jul 2017 • by Natalie Aster
LONDON – Today, robots and different intelligent devices are widely employed in the oil and gas industry for inspecting, surveying and monitoring oil and gas pipelines, rigs, platforms, storage tanks and some other structures. Inspection robots used in the oil and gas industry include unmanned ground vehicles (UGVs), unmanned aerial vehicles (UAVs) and unmanned underwater vehicles (UUVs).
The global total capital expenditure (Capex) of various inspection robots in the oil and gas industry is predicted to reach USD 2.85 billion through 2025, witnessing robust growth at a high double-digit CAGR in the years ahead.
GMR Data’s cutting-edge research report “Inspection Robotics in Oil & Gas Industry: Global Market 2017-2025 by Robot Type, Sub-system and Region” provides an all-round research of the oil and gas inspection robotics market by examining the overall global market and all its sectors. It presents detailed classifications, uncovers updated info on the market performance, highlights the market dynamic and identifies the key forces shaping this market. Besides, this new report delves into the industry value chain, characterises the competitive environment, evaluates the market shares and gives valuable data on the top market players. This publication comprises Porter’s Five Forces analysis, points out the key challenges and opportunities, touches upon the emerging product trends and scrutinizes the market structure. Additionally, an unbiased comprehensive future outlook for the inspection robotics in the oil and gas industry through 2025 is at hand in this research study. An insightful overview of the market scenario across the key geographies is at hand, too.
For many other cutting-edge insightful reports by this publisher follow to the GMR Data catalogue at MarketPublishers.com.