Meticulous Research®, a pioneer in market intelligence, has released its comprehensive research report titled, ‘ Inspection Robots Market by Type (Stationary, Mobile), Application (Visual, Ultrasonic, Photogrammetry, Laser Scanning, Thermal, Quality Inspection), End User (End Use Industry, Inspection Services) and Geography—Global Forecast to 2030.’

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The report projects that the global inspection robots market will achieve a valuation of $4.6 billion by 2030, experiencing a compound annual growth rate (CAGR) of 21.6% from 2024 to 2030. The market volume is expected to reach 203 thousand units by 2030, growing at a CAGR of 22.7% during this period. This growth is primarily attributed to the increasing need for structural integrity assessments of aging infrastructure, the rising demand for high-quality products, and escalating labor costs associated with inspection processes. Moreover, the adoption of robots for inspection purposes within the insurance sector and the growing use of robots by Maintenance, Repair, and Operations (MRO) services are anticipated to generate substantial growth opportunities. Nevertheless, challenges such as the difficulties in integrating inspection robots into hazardous environments and the high costs of initial investment and ongoing maintenance are likely to hinder market expansion.

The global inspection robots market is segmented by type, application, end user, and geography, with the report offering an in-depth analysis of key industry players and regional market trends.

Key Players

Leading companies profiled in the global inspection robots market include ABB Ltd (Switzerland), KUKA AG (Germany), Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), DENSO CORPORATION (Japan), Mitsubishi Heavy Industries, Ltd. (Japan), Yaskawa Electric Corporation (Japan), Seiko Epson Corporation (Japan), Waygate Technologies (Germany), Eddyfi Technologies (Canada), ANYbotics AG (Switzerland), Hangzhou Shenhao Technology Co., Ltd. (China), Robotnik Automation S.L. (Spain), PetroBot Technologies Private Limited (India), Systemantics India Pvt. Ltd. (India), SMP Robotics Systems Corp. (U.S.), and Energy Robotics GmbH (Germany).

Market Segmentation

• By Type : The market is segmented into stationary and mobile robots. The stationary robots segment is expected to dominate the market in 2024, driven by the growing need for compliance with stringent quality standards, the efficiency and reduced downtimes offered by stationary robots, enhanced occupational safety, and the ability of these robots to conduct intelligent data analysis.
• By Application : The segmentation includes visual inspection, ultrasonic inspection, photogrammetry, laser scanning, thermal inspection, radiography inspection, alternating current field measurement, tangential eddy current array, and other applications. Visual inspection is projected to hold the largest share of the market in 2024, owing to its extensive use in detecting structural flaws, measuring dimensions, and ensuring coating uniformity. The deployment of robots equipped with smart cameras for visual inspection, coupled with the need to minimize human involvement in hazardous environments, is a key factor contributing to this segment's large share.
• By End User : The market is divided into industry and inspection services. The industry segment is expected to hold the largest market share in 2024, driven by the rising demand for visual inspection, the need for high-quality products, and the adoption of robotic inspection in manufacturing. The segment's growth is also fueled by the necessity to streamline workflows and meet dynamic production demands. This segment is further categorized into automotive, semiconductor & electronics, food and beverage, aerospace and defense, machinery & metal, pharmaceutical, BFSI, and others.
• By Geography : The global inspection robots market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is anticipated to hold the largest market share in 2024, attributed to the growing demand for high-quality products, rising labor costs, stringent manufacturing deadlines, and the increasing adoption of automation and advanced technologies.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/inspection-robots-market-5513

Key Questions Answered in the Report:

• Which are the high-growth market segments in type, application, end user, and geography?
• What is the historical market size for inspection robots across the globe?
• What are the market forecasts and estimates for the period 2024–2030?
• What are the major drivers, opportunities, and challenges in the global inspection robots market?
• Who are the major players in the market, and what are their market shares?
• How is the competitive landscape for the global inspection robots market?
• What are the recent developments in the global inspection robots market?
• What are the different strategies adopted by the major players in the market?
• What are the key geographic trends, and which are the high-growth countries?
• Who are the local emerging players in the global inspection robots market, and how do they compete with other players?

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