Asia Pacific Oil & Gas Inspection Robotics Market 2022-2032 by Component (Hardware, Software, Services), Robot Type (ROVs, AUVs, UAVs, UGVs, Smart PIGS, Others), Application (Pipelines, Storage Tanks, Platforms, Rigs, Others), and Country: Trend Forecast and Growth Opportunity
Asia Pacific oil & gas inspection robotics market will grow by 16.7% annually with a total addressable market cap of $11.9 billion over 2023-2032, driven by the rising energy demand, increasing offshore exploration and production, and the growing adoption of inspection robots in oil & gas industry.
Highlighted with 31 tables and 46 figures, this 116-page report “Asia Pacific Oil & Gas Inspection Robotics Market 2022-2032 by Component (Hardware, Software, Services), Robot Type (ROVs, AUVs, UAVs, UGVs, Smart PIGS, Others), Application (Pipelines, Storage Tanks, Platforms, Rigs, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific oil & gas inspection robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific oil & gas inspection robotics market in every aspect of the classification from perspectives of Component, Robot Type, Application, and Country.
Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Imaging System
o Automation Systems
o Steering and Positioning
o Navigation System
o Energy and Propulsion
o Other Hardware
• Software
• Services
o Training
o Maintenance
o Consulting
Based on Robot Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• ROVs
• AUVs
• UAVs
• UGVs
• Smart PIGS
• Other Robot Types
By Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Oil and Gas Pipelines
• Oil Storage Tanks
• Platforms
• Rigs
• Other Applications
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Robot Type, and Application over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
AeroVironment, Inc.
Alstom Inspection Robots
Cyberhawk Innovations Ltd.
ECA Group
Flyability SA
FMC Technologies Inc.
Honeybee Robotics
Hydrovision Ltd.
IKM Subsea AS
ING Robotic Aviation
International Submarine Engineering (ISE) Ltd.
Inuktun Services Ltd.
MISTRAS Group Inc.
OC Robotics
Seegrid
Sky-Futures
VDOS
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 22
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 24
2.2 Major Growth Drivers 28
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter’s Fiver Forces Analysis 40
3 Segmentation of Asia Pacific Market by Component 44
3.1 Market Overview by Component 44
3.2 Hardware 46
3.2.1 Imaging System 48
3.2.2 Automation Systems 49
3.2.3 Steering and Positioning 50
3.2.4 Navigation System 51
3.2.5 Energy and Propulsion 52
3.2.6 Other Hardware 53
3.3 Software 54
3.4 Services 55
4 Segmentation of Asia Pacific Market by Robot Type 57
4.1 Market Overview by Robot Type 57
4.2 ROVs 59
4.3 AUVs 61
4.4 UAVs 62
4.5 UGVs 63
4.6 Smart PIGS 64
4.7 Other Robot Types 65
5 Segmentation of Asia Pacific Market by Application 66
5.1 Market Overview by Application 66
5.2 Oil and Gas Pipelines 68
5.3 Oil Storage Tanks 69
5.4 Platforms 70
5.5 Rigs 71
5.6 Other Applications 72
6 Asia-Pacific Market 2022-2032 by Country 73
6.1 Overview of Asia-Pacific Market 73
6.2 Japan 76
6.3 China 79
6.4 Australia 81
6.5 India 83
6.6 South Korea 85
6.7 Rest of APAC Region 87
7 Competitive Landscape 89
7.1 Overview of Key Vendors 89
7.2 New Product Launch, Partnership, Investment, and M&A 92
7.3 Company Profiles 93
ABB Ltd. 93
AeroVironment, Inc. 95
Alstom Inspection Robots 98
Cyberhawk Innovations Ltd. 99
ECA Group 100
Flyability SA 103
FMC Technologies Inc. 104
Honeybee Robotics 105
Hydrovision Ltd. 106
IKM Subsea AS 107
ING Robotic Aviation 108
International Submarine Engineering (ISE) Ltd. 109
Inuktun Services Ltd. 110
MISTRAS Group Inc. 111
OC Robotics 112
Seegrid 113
Sky-Futures 114
VDOS 115
RELATED REPORTS 116
List of Tables:
Table 1. Snapshot of Asia Pacific Oil & Gas Inspection Robotics Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 20
Table 3. World Economic Outlook, 2021-2023 21
Table 4. Scenarios for Economic Impact of Ukraine Crisis 25
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Oil & Gas Inspection Robotics Market 36
Table 6. Asia Pacific Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 44
Table 7. Asia Pacific Oil & Gas Inspection Robotics Market: Hardware by Type, 2022-2032, $ mn 47
Table 8. Asia Pacific Oil & Gas Inspection Robotics Market: Services by Type, 2022-2032, $ mn 56
Table 9. Asia Pacific Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 57
Table 10. Classifications of ROVs by Type 60
Table 11. Asia Pacific Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 66
Table 12. APAC Oil & Gas Inspection Robotics Market by Country, 2022-2032, $ mn 74
Table 13. Japan Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 78
Table 14. Japan Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 78
Table 15. Japan Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 78
Table 16. China Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 80
Table 17. China Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 80
Table 18. China Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 80
Table 19. Australia Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 82
Table 20. Australia Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 82
Table 21. Australia Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 82
Table 22. India Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 84
Table 23. India Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 84
Table 24. India Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 84
Table 25. South Korea Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 86
Table 26. South Korea Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 86
Table 27. South Korea Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 86
Table 28. Oil & Gas Inspection Robotics Market in Rest of APAC by Country/Region, 2022-2032, $ mn 88
Table 29. ABB Ltd.: Company Snapshot 93
Table 30. ABB Ltd.: Business Segmentation 94
Table 31. ABB Ltd.: Product Portfolio 94List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. Asia Pacific Oil & Gas Inspection Robotics Market, 2022-2032, $ mn 18
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Oil & Gas Inspection Robotics Market 28
Figure 7. World Crude Oil Production, 2000-2021, million tons 31
Figure 8. World Gas Production, 1990-2021, bcm 32
Figure 9. Primary Restraints and Impact Factors of Asia Pacific Oil & Gas Inspection Robotics Market 33
Figure 10. Investment Opportunity Analysis 37
Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Oil & Gas Inspection Robotics Market 40
Figure 12. Breakdown of Asia Pacific Oil & Gas Inspection Robotics Market by Component, 2022-2032, % of Revenue 45
Figure 13. Asia Pacific Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 45
Figure 14. Asia Pacific Oil & Gas Inspection Robotics Market by Component: Hardware, 2022-2032, $ mn 46
Figure 15. Asia Pacific Oil & Gas Inspection Robotics Market by Hardware: Imaging System, 2022-2032, $ mn 48
Figure 16. Asia Pacific Oil & Gas Inspection Robotics Market by Hardware: Automation Systems, 2022-2032, $ mn 49
Figure 17. Asia Pacific Oil & Gas Inspection Robotics Market by Hardware: Steering and Positioning, 2022-2032, $ mn 50
Figure 18. Asia Pacific Oil & Gas Inspection Robotics Market by Hardware: Navigation System, 2022-2032, $ mn 51
Figure 19. Asia Pacific Oil & Gas Inspection Robotics Market by Hardware: Energy and Propulsion, 2022-2032, $ mn 52
Figure 20. Asia Pacific Oil & Gas Inspection Robotics Market by Hardware: Other Hardware, 2022-2032, $ mn 53
Figure 21. Asia Pacific Oil & Gas Inspection Robotics Market by Component: Software, 2022-2032, $ mn 54
Figure 22. Asia Pacific Oil & Gas Inspection Robotics Market by Component: Services, 2022-2032, $ mn 55
Figure 23. Breakdown of Asia Pacific Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, % of Sales Revenue 58
Figure 24. Asia Pacific Addressable Market Cap in 2023-2032 by Robot Type, Value ($ mn) and Share (%) 58
Figure 25. Asia Pacific Oil & Gas Inspection Robotics Market by Robot Type: ROVs, 2022-2032, $ mn 59
Figure 26. Asia Pacific Oil & Gas Inspection Robotics Market by Robot Type: AUVs, 2022-2032, $ mn 61
Figure 27. Asia Pacific Oil & Gas Inspection Robotics Market by Robot Type: UAVs, 2022-2032, $ mn 62
Figure 28. Asia Pacific Oil & Gas Inspection Robotics Market by Robot Type: UGVs, 2022-2032, $ mn 63
Figure 29. Asia Pacific Oil & Gas Inspection Robotics Market by Robot Type: Smart PIGS, 2022-2032, $ mn 64
Figure 30. Asia Pacific Oil & Gas Inspection Robotics Market by Robot Type: Other Robot Types, 2022-2032, $ mn 65
Figure 31. Breakdown of Asia Pacific Oil & Gas Inspection Robotics Market by Application, 2022-2032, % of Sales Revenue 67
Figure 32. Asia Pacific Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 67
Figure 33. Asia Pacific Oil & Gas Inspection Robotics Market by Application: Oil and Gas Pipelines, 2022-2032, $ mn 68
Figure 34. Asia Pacific Oil & Gas Inspection Robotics Market by Application: Oil Storage Tanks, 2022-2032, $ mn 69
Figure 35. Asia Pacific Oil & Gas Inspection Robotics Market by Application: Platforms, 2022-2032, $ mn 70
Figure 36. Asia Pacific Oil & Gas Inspection Robotics Market by Application: Rigs, 2022-2032, $ mn 71
Figure 37. Asia Pacific Oil & Gas Inspection Robotics Market by Application: Other Applications, 2022-2032, $ mn 72
Figure 38. Breakdown of APAC Oil & Gas Inspection Robotics Market by Country, 2022 and 2032, % of Revenue 74
Figure 39. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 75
Figure 40. Oil & Gas Inspection Robotics Market in Japan, 2022-2032, $ mn 77
Figure 41. Oil & Gas Inspection Robotics Market in China, 2022-2032, $ mn 79
Figure 42. Oil & Gas Inspection Robotics Market in Australia, 2022-2032, $ mn 81
Figure 43. Oil & Gas Inspection Robotics Market in India, 2022-2032, $ mn 83
Figure 44. Oil & Gas Inspection Robotics Market in South Korea, 2022-2032, $ mn 85
Figure 45. Oil & Gas Inspection Robotics Market in Rest of APAC, 2022-2032, $ mn 87
Figure 46. Growth Stage of Asia Pacific Oil & Gas Inspection Robotics Industry over the Forecast Period 89
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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