Global In-Pipe Inspection Robots Market is Expected to Grow Rapidly, to Reach USD 4,204.66 Million by 2032

10-Jun-2024 | Zion Market Research

The global in-pipe inspection robots market was worth around USD 784.96 Million in 2023 and is predicted to grow to around USD 4,204.66 Million by 2032 with a compound annual growth rate (CAGR) of roughly 20.50% between 2024 and 2032.

Global In-Pipe Inspection Robots Market Size

Pipeline networks are majorly used for transporting oil and gas, drinkable water, effluent water, etc. In the U.S., the length of the pipeline is around 2,225,032 km. Out of which, 1,984,321 km is a gas pipeline and 240,711 km is oil pipeline. Moreover, the petrochemical industry is also increasingly adopting pipeline transport. As the demand for oil and gas is increasing across the globe, it is expected that the pipeline network will increase in length in the near future. This increasing demand for the pipeline networks anticipates increasing the demand for the in-pipe inspection robots. The in-pipe inspection robots are used for operations such as cleaning, maintenance, and inspection of the pipeline networks in order to eliminate human interference. Manual inspection of the pipelines requires a lot of manpower which incurs additional cost for the companies. Usage of in-pipe inspection robots, though expensive, works with accuracy and generates positive cash flow over a period of time. This is likely to boost the use of in-pipe inspection robots market over the forecast period.

Browse the full “In-Pipe Inspection Robots Market by Product Type (Thickness Measuring Robot, Diameter Robot, Welding Pipe Robot, and Others), by Application (Water Supply Facilities, Oil Pipeline, Gas Pipeline, and Plant) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024 – 2032” report at  http://www.zionmarketresearch.com/report/in-pipe-inspection-robots-market

However, the in-pipe inspection robots market is expected to face some challenges such as high capital investment and inability to move in T-shape pipe. This is projected to negatively impact the in-pipe inspection robots market over the forecast period.

Global In-Pipe Inspection Robots Market

According to the analysis, the in-pipe inspection robots market will have a significant contribution to the petrochemical industry. The diameter robot segment will grow with a CAGR of 17.62% from 2018–2026. The diameter robot product type segment contributed USD 224.99 million in 2017 and it is expected to reach USD 965.86 million by 2026. Diameter robots are capable of moving through very small pipes. It can be used to inspect the flow properties through various sizes of pipes ranging from 150 mm to 5000 mm. Hence diameter robots are being widely used in several applications and are projected to grow at a significant CAGR over the forecast period.

Global In-Pipe Inspection Robots Market: Product Type Segment Analysis

  • Thickness Measuring Robot
  • Diameter Robot
  • Welding Pipe Robot
  • Others

Global In-Pipe Inspection Robots Market: Application Segment Analysis

  • Water Supply Facilities
  • Oil Pipeline
  • Gas Pipeline
  • Plant

Global In-Pipe Inspection Robots Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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