The Oil and Gas industry will be a potential application for robotics in the near future. The oil and gas industry is expected to see consistent growth over the next ten years owing to increasing demand for energy, especially in the manufacturing and transportation industries. However, the challenges faced by the oil and gas industry with regards to the work force, technology, and environmental safety are very much palpable in the present day.
These challenges are fierce and evident in the offshore oil industry owing to more hostile environments. Hence, implementation of automation and robotics could be a step forward to reduce costs and ensure safety. Companies need to evaluate the need for robotics and automation, which help maintain quality, increase efficiency and help them to remain competitive. Drilling has been moving towards harsher environments like the Artic, only to ascertain the need to replace human presence with robots.
Robotics application for maintenance, inspection and repair will greatly result in improving safety and productivity in the production processes. Remotely operated underwater vehicles (ROV) and Deep Water Pipeline Repair Robotic Systems are a few products by companies providing solutions, especially for offshore oil- and natural gas-drilling operations. A few companies active in this industry are Oceaneering International, Inc., Robotic Drilling Systems, Honeybee Robotics and Liquid Robotics, Inc., among others.
Though it is evident that the robotics market has a huge potential in the oil and gas industry, there are concerns with regards to the applications. The robotics industry is faced with challenges from the oil and gas sector with the concerns over the hardware, software and communication requirements before a major deployment. The size, material and functionality of the robot are a priority.
Key Topics Covered:
1. Executive Summary
2. Scope, Methodology & Assumptions
3. Global Scenario
4. Market Segmentations
5. Market By Geography
6. Country-Wise Specifics
7. Competitor Intelligence
8. Company Profiles
9. Analyst Impact Center - (AIC)
- Alstom Inspection Robots
- FMC Technologies
- Honeybee Robotics
- IKM Subsea
- International Submarine Engineering
- Inuktun Services
- Liquid Robotics
- Subsea 7
- Universal Robotics
For more information about this report visit http://www.researchandmarkets.com/research/gdpmvm/global_oil_and.