Europe 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
Europe oil & gas inspection robotics market was valued at $236.6 million in 2022 and will grow by 14.0% annually over 2022-2032, driven by the rising energy demand, increasing offshore exploration and production, and the growing adoption of inspection robots in oil & gas industry.
Highlighted with 34 tables and 47 figures, this 118-page report “Europe Oil & Gas Inspection Robotics Market 2022-2032 by Component (Hardware, Software, Services), Robot Type (ROVs, AUVs, UAVs, UGVs, Smart PIGS, Others), Application (Pipelines, Storage Tanks, Platforms, Rigs, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe oil & gas inspection robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe oil & gas inspection robotics market in every aspect of the classification from perspectives of Component, Robot Type, Application, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ 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 Europe 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 Europe 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:
• Germany
• UK
• France
• Norway
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Spain, Denmark, and Finland)
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 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 25
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of Europe Market by Component 45
3.1 Market Overview by Component 45
3.2 Hardware 47
3.2.1 Imaging System 49
3.2.2 Automation Systems 50
3.2.3 Steering and Positioning 51
3.2.4 Navigation System 52
3.2.5 Energy and Propulsion 53
3.2.6 Other Hardware 54
3.3 Software 55
3.4 Services 56
4 Segmentation of Europe Market by Robot Type 58
4.1 Market Overview by Robot Type 58
4.2 ROVs 60
4.3 AUVs 62
4.4 UAVs 63
4.5 UGVs 64
4.6 Smart PIGS 65
4.7 Other Robot Types 66
5 Segmentation of Europe Market by Application 67
5.1 Market Overview by Application 67
5.2 Oil and Gas Pipelines 69
5.3 Oil Storage Tanks 70
5.4 Platforms 71
5.5 Rigs 72
5.6 Other Applications 73
6 European Market 2022-2032 by Country 74
6.1 Overview of European Market 74
6.2 Germany 77
6.3 U.K. 79
6.4 France 81
6.5 Norway 83
6.6 Italy 85
6.7 Russia 87
6.8 Rest of European Market 89
7 Competitive Landscape 91
7.1 Overview of Key Vendors 91
7.2 New Product Launch, Partnership, Investment, and M&A 94
7.3 Company Profiles 95
ABB Ltd. 95
AeroVironment, Inc. 97
Alstom Inspection Robots 100
Cyberhawk Innovations Ltd. 101
ECA Group 102
Flyability SA 105
FMC Technologies Inc. 106
Honeybee Robotics 107
Hydrovision Ltd. 108
IKM Subsea AS 109
ING Robotic Aviation 110
International Submarine Engineering (ISE) Ltd. 111
Inuktun Services Ltd. 112
MISTRAS Group Inc. 113
OC Robotics 114
Seegrid 115
Sky-Futures 116
VDOS 117
RELATED REPORTS 118
List of Tables:
Table 1. Snapshot of Europe Oil & Gas Inspection Robotics Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Scenarios for Economic Impact of Ukraine Crisis 26
Table 5. Main Product Trends and Market Opportunities in Europe Oil & Gas Inspection Robotics Market 37
Table 6. Europe Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 45
Table 7. Europe Oil & Gas Inspection Robotics Market: Hardware by Type, 2022-2032, $ mn 48
Table 8. Europe Oil & Gas Inspection Robotics Market: Services by Type, 2022-2032, $ mn 57
Table 9. Europe Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 58
Table 10. Classifications of ROVs by Type 61
Table 11. Europe Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 67
Table 12. Europe Oil & Gas Inspection Robotics Market by Country, 2022-2032, $ mn 76
Table 13. Germany Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 78
Table 14. Germany Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 78
Table 15. Germany Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 78
Table 16. U.K. Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 80
Table 17. U.K. Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 80
Table 18. U.K. Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 80
Table 19. France Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 82
Table 20. France Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 82
Table 21. France Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 82
Table 22. Norway Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 84
Table 23. Norway Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 84
Table 24. Norway Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 84
Table 25. Italy Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 86
Table 26. Italy Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 86
Table 27. Italy Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 86
Table 28. Russia Oil & Gas Inspection Robotics Market by Component, 2022-2032, $ mn 88
Table 29. Russia Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, $ mn 88
Table 30. Russia Oil & Gas Inspection Robotics Market by Application, 2022-2032, $ mn 88
Table 31. Oil & Gas Inspection Robotics Market in Rest of Europe by Country, 2022-2032, $ mn 90
Table 32. ABB Ltd.: Company Snapshot 95
Table 33. ABB Ltd.: Business Segmentation 96
Table 34. ABB Ltd.: Product Portfolio 96
List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. Europe Oil & Gas Inspection Robotics Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of Europe Oil & Gas Inspection Robotics Market 29
Figure 7. World Crude Oil Production, 2000-2021, million tons 32
Figure 8. World Gas Production, 1990-2021, bcm 33
Figure 9. Primary Restraints and Impact Factors of Europe Oil & Gas Inspection Robotics Market 34
Figure 10. Investment Opportunity Analysis 38
Figure 11. Porter’s Fiver Forces Analysis of Europe Oil & Gas Inspection Robotics Market 41
Figure 12. Breakdown of Europe Oil & Gas Inspection Robotics Market by Component, 2022-2032, % of Revenue 46
Figure 13. Europe Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 46
Figure 14. Europe Oil & Gas Inspection Robotics Market by Component: Hardware, 2022-2032, $ mn 47
Figure 15. Europe Oil & Gas Inspection Robotics Market by Hardware: Imaging System, 2022-2032, $ mn 49
Figure 16. Europe Oil & Gas Inspection Robotics Market by Hardware: Automation Systems, 2022-2032, $ mn 50
Figure 17. Europe Oil & Gas Inspection Robotics Market by Hardware: Steering and Positioning, 2022-2032, $ mn 51
Figure 18. Europe Oil & Gas Inspection Robotics Market by Hardware: Navigation System, 2022-2032, $ mn 52
Figure 19. Europe Oil & Gas Inspection Robotics Market by Hardware: Energy and Propulsion, 2022-2032, $ mn 53
Figure 20. Europe Oil & Gas Inspection Robotics Market by Hardware: Other Hardware, 2022-2032, $ mn 54
Figure 21. Europe Oil & Gas Inspection Robotics Market by Component: Software, 2022-2032, $ mn 55
Figure 22. Europe Oil & Gas Inspection Robotics Market by Component: Services, 2022-2032, $ mn 56
Figure 23. Breakdown of Europe Oil & Gas Inspection Robotics Market by Robot Type, 2022-2032, % of Sales Revenue 59
Figure 24. Europe Addressable Market Cap in 2023-2032 by Robot Type, Value ($ mn) and Share (%) 59
Figure 25. Europe Oil & Gas Inspection Robotics Market by Robot Type: ROVs, 2022-2032, $ mn 60
Figure 26. Europe Oil & Gas Inspection Robotics Market by Robot Type: AUVs, 2022-2032, $ mn 62
Figure 27. Europe Oil & Gas Inspection Robotics Market by Robot Type: UAVs, 2022-2032, $ mn 63
Figure 28. Europe Oil & Gas Inspection Robotics Market by Robot Type: UGVs, 2022-2032, $ mn 64
Figure 29. Europe Oil & Gas Inspection Robotics Market by Robot Type: Smart PIGS, 2022-2032, $ mn 65
Figure 30. Europe Oil & Gas Inspection Robotics Market by Robot Type: Other Robot Types, 2022-2032, $ mn 66
Figure 31. Breakdown of Europe Oil & Gas Inspection Robotics Market by Application, 2022-2032, % of Sales Revenue 68
Figure 32. Europe Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 68
Figure 33. Europe Oil & Gas Inspection Robotics Market by Application: Oil and Gas Pipelines, 2022-2032, $ mn 69
Figure 34. Europe Oil & Gas Inspection Robotics Market by Application: Oil Storage Tanks, 2022-2032, $ mn 70
Figure 35. Europe Oil & Gas Inspection Robotics Market by Application: Platforms, 2022-2032, $ mn 71
Figure 36. Europe Oil & Gas Inspection Robotics Market by Application: Rigs, 2022-2032, $ mn 72
Figure 37. Europe Oil & Gas Inspection Robotics Market by Application: Other Applications, 2022-2032, $ mn 73
Figure 38. Breakdown of European Oil & Gas Inspection Robotics Market by Country, 2022 and 2032, % of Revenue 75
Figure 39. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 76
Figure 40. Oil & Gas Inspection Robotics Market in Germany, 2022-2032, $ mn 77
Figure 41. Oil & Gas Inspection Robotics Market in U.K., 2022-2032, $ mn 79
Figure 42. Oil & Gas Inspection Robotics Market in France, 2022-2032, $ mn 81
Figure 43. Oil & Gas Inspection Robotics Market in Norway, 2022-2032, $ mn 83
Figure 44. Oil & Gas Inspection Robotics Market in Italy, 2022-2032, $ mn 85
Figure 45. Oil & Gas Inspection Robotics Market in Russia, 2022-2032, $ mn 87
Figure 46. Oil & Gas Inspection Robotics Market in Rest of Europe, 2022-2032, $ mn 89
Figure 47. Growth Stage of Europe Oil & Gas Inspection Robotics Industry over the Forecast Period 91
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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