Inspection Robots Market 2020-2024 | Advantages of Robotic Inspection Over Manual Inspection to Boost Growth | Technavio

Technavio announced its latest market research report titled global inspection robots market 2020-2024. (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the inspection robots market and it is poised to grow by USD 3.72 bn during 2020-2024, progressing at a CAGR of 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Advantages of robotic inspection over manual inspection has been instrumental in driving the growth of the market. However, the need for significant initial investments might hamper market growth. Request a free sample report

Inspection Robots Market 2020-2024: Segmentation

Inspection Robots Market is segmented as below:

End-user

  • Oil and Gas
  • Petrochemicals
  • Food and Beverages
  • Others

Type

  • ROVs
  • Autonomous Robots

Geographic segmentation

  • North America
  • APAC
  • Europe
  • South America
  • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40023

Inspection Robots Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our inspection robots market report covers the following areas:

  • Inspection Robots Market size
  • Inspection Robots Market trends
  • Inspection Robots Market industry analysis

This study identifies integration of IoT and AI to optimize inspection operations as one of the prime reasons driving the inspection robots market growth during the next few years.

Inspection Robots Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the inspection robots market, including some of the vendors such as Cognex Corp., Eddyfi NDT Inc., Ensign-Bickford Industries Inc., FARO Technologies Inc., General Electric Co., Groupe Gorgé, IPG Photonics Corp., MISTRAS Group Inc., TechnipFMC Plc and Teradyne Inc. Backed with competitive intelligence and benchmarking, our research reports on the inspection robots market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Inspection Robots Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist inspection robots market growth during the next five years
  • Estimation of the inspection robots market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the inspection robots market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of inspection robots market vendors

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The inspection robots market is poised to grow by USD 3.72 bn during 2020-2024, according to Technavio

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/