LAMEA Inspection Robots Market

LAMEA Inspection Robots Market Size, Share & Industry Trends Analysis Report By Robot Type, By Testing Type (Non-destructive Inspection and Automated Metrology), By Application, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-10784 Publication Date: August-2022 Number of Pages: 81
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Inspection Robots Market would witness market growth of 32.0% CAGR during the forecast period (2022-2028).

Water walls in coal-fired boilers need to have regular visual inspections and sheet thickness checks. Magnetic rollers are used by machines like Boiler Wall Cleaning and Inspection (BWCI) bots to crawl these walls. These checks are automatically performed, and the walls are cleaned, as the BWCI goes around the boiler. Automated equipment is frequently used by utilities to inspect the pipelines that carry petroleum products from one location to another.

Robots can crawl beside pipelines and do visual inspections, leak tests, and ultrasound examinations to check for corrosion. Even permanent sensors that immediately notify the company if they detect a leak can be installed by utilities along pipes. Automated robots are employed more frequently in the energy business as renewable energy sources grow more widespread. Huge fields of solar panels and enormous wind turbines are being inspected by inspectors using automated technologies like drones.

Thermal imaging-equipped drones can examine a field of panels much more quickly than a human worker could and can spot irregularities and damage to panels. Because of the heights involved, inspecting wind turbines can be risky. These inspections sometimes require workers to hang from cables. These safety risks are removed when drones are used in place of workers. Power lines and other components of the distribution network that deliver electricity to clients are also inspected by drones and other robotic equipment.

The economies of Africa and the Middle East are two regions that are still in the early stages of technology adoption and development. On the other hand, the region's economic future is unfavorable and will largely be determined by the success of efforts and investments made by the public and private sectors. To reduce costs and boost operational performance, many companies in this region are also employing cutting-edge automation solutions like packaging robots.

The Brazil market dominated the LAMEA Inspection Robots Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $61.7 Million by 2028. The Argentina market is experiencing a CAGR of 32.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 31.7% during (2022 - 2028).

Based on Robot Type, the market is segmented into Mobile Robots and Stationary Robotic Arm. Based on Testing Type, the market is segmented into Non-destructive Inspection and Automated Metrology. Based on Application, the market is segmented into Oil & Gas, Food & Beverage, Pharmaceutical, Electronics, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Inspection Robots Market is Predict to reach $4.2 Billion by 2028, at a CAGR of 29%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Teradyne, Inc. (Universal Robots A/S), ABB Group, Mitsubishi Electric Corporation, Eddyfi Technologies, Gecko Robotics, Inc., Genesis Systems (IPG Photonics Corporation), Honeybee Robotics (Ensign-Bickford Industries, Inc.), Invert Robotics Group Limited, JH Robotics, Inc., and Baker Hughes Company (Waygate Technologies).

Scope of the Study

Market Segments Covered in the Report:

By Robot Type

  • Mobile Robots
  • Stationary Robotic Arm

By Testing Type

  • Non-destructive Inspection
  • Automated Metrology

By Application

  • Oil & Gas
  • Food & Beverage
  • Pharmaceutical
  • Electronics
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Teradyne, Inc. (Universal Robots A/S)
  • ABB Group
  • Mitsubishi Electric Corporation
  • Eddyfi Technologies
  • Gecko Robotics, Inc.
  • Genesis Systems (IPG Photonics Corporation)
  • Honeybee Robotics (Ensign-Bickford Industries, Inc.)
  • Invert Robotics Group Limited
  • JH Robotics, Inc.
  • Baker Hughes Company (Waygate Technologies)
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