Robotic Refueling System Market is Expected to Grow from USD 25 Million in 2019 to USD 2.2 Billion by 2030, Growing at a CAGR of 50% - ResearchAndMarkets.com

DUBLIN--()--The "Robotic Refueling System Market by Fuel Pumped (Gasoline, Natural Gas, Petrochemicals), Payload-carrying Capacity (Up to 50 kg, 50-100 kg, 100-150 kg), Vertical (Automotive, Mining, Oil & Gas, Aerospace,) and Geography - Global forecast 2030" report has been added to ResearchAndMarkets.com's offering.

The Robotic Refueling System Market is Expected to Grow from USD 25 Million in 2019 to USD 2.2 Billion by 2030

The growing requirement for low-cost mining operations and the need for improved security and safety, while fuel dispensation is the key factors driving the growth of the market.

One of the major restraints for the growth of the market is the legal and safety regulations. Increasing adoption of autonomous technology is the key opportunity for the growth of the robotic refuelling system market. A challenge faced by the key players in the market is the replacement of manual caps with automated fuel caps.

Market for robotic refueling systems pumping other types of fuel is expected to grow at highest CAGR during forecast period

The market for robotic refueling systems pumping other types of fuel is expected to grow at the highest CAGR during the forecast period. Other fuel consists of hydrogen fuel cells, lithium-ion batteries, methanol, biofuel, and biodiesels. Companies, such as PLUG POWER Inc (US) and Fuelmatics AB (Sweden) are a few of the pioneers in providing robotic refueling systems for hybrid and electric vehicles. A robotic system does the refueling for replacement of hydrogen fuel cells or lithium-based batteries of hybrid or electric passenger vehicles.

Mining vertical to hold largest share of market in 2019

The mining vertical to hold the largest share of the robotic refueling system market in 2019. From autonomous self-driven haulage trucks to autonomous refueling stations, the use of automation has been intensive in the mining vertical since the introduction of robotic refueling systems. In this report, leading refueling robot manufacturers operating in the mining vertical have been analyzed, such as Rotec Engineering B.V and Scott Technology Ltd. They have successfully delivered these systems in a few of the operational mines of South America and Australia.

Europe to dominate the robotic refueling system market in 2019

Europe is expected to account for the largest share of the robotic refueling system market during the forecast period. The presence of major robotic refueling system manufacturers such as Fuelmatics AB (Sweden) and Rotec Engineering (Netherlands), harsh climatic conditions, and an extensive industrial base are the major factors that make Europe a dynamic region for the robotic refueling system market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Market Opportunities in Robotic Refueling System Market

4.2 Robotic Refueling System Market, By Fuel Pumped

4.3 Market, By Payload Capacity

4.4 Market in APAC, Country vs Vertical

4.5 Market, By Country

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Benefits Offered By Robotic Refueling Systems Such as Low Cost of Operation and Flexibility

5.2.1.2 Improved Security and Safety Offered By Robotic Refueling Systems While Fuel Dispensation

5.2.2 Restraints

5.2.2.1 Regulatory Policies to Ensure Data Safety

5.2.3 Opportunities

5.2.3.1 Increasing Adoption of Automation

5.2.4 Challenges

5.2.4.1 Replacement of Manual Fuel Caps With Automated Fuel Caps

5.3 Value Chain Analysis

5.4 Use Cases: Robotic Refueling Systems Market

5.4.1 Refueling of Sea Vessels in Remote Locations

5.4.2 Refueling of Rotary Wing Aircraft in Battlefields

5.4.3 Robotic Refueling of Satellites in Space

6 Robotic Refueling System Market, By Component

6.1 Introduction

6.2 Hardware

6.2.1 Vehicle Positioning System

6.2.2 Control System

6.2.3 Robotic Arm

6.2.4 Fuel Dispensing System

6.2.5 Others

6.3 Software

7 Robotic Refueling System Market, By Fuel Pumped

7.1 Introduction

7.2 Gasoline

7.2.1 Gasoline to Hold the Largest Share of the Market By Fuel Pumped During Forecast Period

7.3 Natural Gas

7.3.1 Increasing Demand of Natural Gas as Alternative Fuel to Drive the Market for Robotic Refueling System

7.4 Petrochemicals

7.4.1 Increasing Adoption of Robotic Refueling System in Oil & Gas Vertical to Support Market Growth

7.5 Others

7.5.1 Increasing Demand for Renewable Fuels to Drive the Market During the Forecast Period

8 Robotic Refueling System Market, By Payload Carrying Capacity

8.1 Introduction

8.2 Up to 50 kg

8.2.1 Up to 50 kg Payload Carrying Capacity to Hold Largest Share of the Market

8.3 50-100 kg

8.3.1 use of 50-100 kg Payload Carrying Capacity to Increase Across Industry Vertical

8.4 100-150 kg

8.4.1 Market for 100-150 kg to Grow at the Highest CAGR During Forecast Period

9 Robotic Refueling System Market, By Vertical

9.1 Introduction

9.2 Mining

9.2.1 Mining to Hold the Largest Share of the Market

9.3 Automotive

9.3.1 Market For Automotive Verticle to Grow at the Highest CAGR During Forecast Period

9.4 Oil & Gas

9.4.1 Increasing Demand for Petrochemicals to Drive the Market During Forecast Period

9.5 Aerospace

9.5.1 Robotic Refueling of Commercial Aircrafts to Address Safety and Security Concerns

9.6 Military & Defense

9.6.1 Deployment Robotic Refueling System in Battlefield to Enhance Safety During War

9.7 Warehouse and Logistics

9.7.1 Increasing use of Hybrid Fuelcell Vehicles in Logistics and Warehousing to Drive the Market

9.8 Marine and Shipping

9.8.1 Robotic Refueling of Sea Vessels in Remote Location Will Increase Adoption in Marine and Shipping Vertical

9.9 Construction

9.9.1 Adoption of Robotic Refueling System to Drive Cost Efficiency in Construction Vertical

9.10 Others

9.10.1 Refueling of Satellites Through Robotic System Will Drive the Market During Forecast Period

10 Geographic Analysis

Company Profiles

Key Players

  • ABB Group
  • Author's View
  • Scott Technology Ltd
  • KUKA
  • Rotec Engineering B.V.
  • Fuelmatics
  • Mine Energy Solution Pty
  • GAZPROMNEFT-AERO
  • Aerobotix
  • Shaw Development LLC
  • FANUC

Other Key Players

  • Stubli International
  • Daihen
  • PLUG POWER Inc
  • Neste Oyj
  • Yaskawa
  • Aral
  • Royal Dutch Shell PLC
  • TATSUNO Corporation
  • Green Fueling Inc
  • Simon Group Holdings

For more information about this report visit https://www.researchandmarkets.com/r/i3frau

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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Related Topics: Robotics, Engines and Engine Parts , Automotive Fuel Systems

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Robotics, Engines and Engine Parts , Automotive Fuel Systems