Market Overview:
The global inspection robot for substation market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for reliable and efficient inspection robots for substations from various end-use industries. In addition, the growing awareness about safety and security issues in substations is also propelling the growth of this market. Based on type, the global inspection robot for substation market can be segmented into railroad navigation and trackless navigation. The railroad navigation segment is expected to account for a larger share of the global inspection robot for substation market than the trackless navigation segment during the forecast period. This can be attributed to factors such as better accuracy and reliability offered by railway-based systems compared with trackless systems, along with their ability to cover large areas quickly. Based on application,the global inspection robot for substationmarket can be divided into single station model and centralized use type segments.
Product Definition:
An inspection robot is a remotely operated, mobile device used to inspect the condition of substations and other critical infrastructure. The importance of inspection robots for substations is that they allow utility companies to inspect equipment without having to send workers into potentially dangerous areas.
Railroad Navigation:
Railroad navigation is a technique used to direct the movement of a freight train on a railway network. It involves the use of track-based sensors, Global Positioning System (GPS), and communication equipment to provide real-time information about the position and speed of freight trains to dispatchers. The primary function of railroad navigation is to ensure that freight cars are moved from one place to another in minimum time with optimal safety.
Trackless Navigation:
Trackless navigation is a technique used in inspection robot for substation to find the shortest path between two points. It uses GPS and Global Positioning System (GPS) without using any physical track or wire. In this system, the location of the robot is determined with high accuracy by measuring time, position, and speed of flight using electronic equipment such as sensors and Global Navigation Satellite System (GNSS).
Application Insights:
The centralized use type of robot finds application in power distribution and switching stations. The single station model is used at the primary central offices where multiple utility lines enter a switchyard or bus terminal. The inspection robots are deployed to check the condition of copper, aluminum, steel and fiber optic cables for damage detection as well as to ensure cable continuity during high voltage operations.
The trackless navigation type is primarily used in railway maintenance applications where it can travel along rail tracks while inspecting them for defects such as cracks or corrosion on the surface of rails. These types are also used at highway bridges that have overpasses or underpasses that span across major roads with heavy traffic volumes thereby increasing risk of damage due to friction caused by vehicles traveling over them. In these cases, trackless robots offer an advantage since they cannot get stuck nor can they be damaged by traffic vibrations like wheelchairs etc.
Regional Analysis:
Asia Pacific inspection robot for substation market is expected to grow at the highest CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for automation in power generation and distribution sectors, especially in countries such as China, India, Japan and South Korea. In addition, rising investments by governments of emerging economies are anticipated to boost demand for advanced technologies including robotics and AI-based inspection systems in near future. For instance, according to a white paper published by Indian government titled “Robotics Industry White Paper†(2018), it was estimated that around USD X billion will be invested over the next decade into developing new technologies across various industry verticals including Healthcare & Life Sciences; Manufacturing; Defense & Security; Transportation & Logistics).
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Aging infrastructure and the need for maintenance and replacement
- Stringent safety regulations for substations
- Rising costs of manual inspection and the need for cost-effective alternatives
- Advances in robotics technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Inspection Robot for Substation Market Research Report
By Type
Railroad Navigation, Trackless Navigation
By Application
Single Station Model, Centralized Use Type
By Companies
Luneng Group, TRC, Lanuch, Tokyo Electric Power Company, Hangzhou Shenhao Technology, Yijiahe, Dali-Tech, Tianyi Network Technology, Sinorobot Tech, CSG Smart Science, HUARUICOM, Guoji Intelligent Technology, Qingtou Intelligent, Zhongfei Aiwei
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Inspection Robot for Substation Market Report Segments:
The global Inspection Robot for Substation market is segmented on the basis of:
Types
Railroad Navigation, Trackless Navigation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Single Station Model, Centralized Use Type
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Luneng Group
- TRC
- Lanuch
- Tokyo Electric Power Company
- Hangzhou Shenhao Technology
- Yijiahe
- Dali-Tech
- Tianyi Network Technology
- Sinorobot Tech
- CSG Smart Science
- HUARUICOM
- Guoji Intelligent Technology
- Qingtou Intelligent
- Zhongfei Aiwei
Highlights of The Inspection Robot for Substation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Railroad Navigation
- Trackless Navigation
- By Application:
- Single Station Model
- Centralized Use Type
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Inspection Robot for Substation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An inspection robot for a substation is a machine that is used to inspect the substation. The inspection robot can be used to check for problems with the substation, such as corrosion or damage.
Some of the major companies in the inspection robot for substation market are Luneng Group, TRC, Lanuch, Tokyo Electric Power Company, Hangzhou Shenhao Technology, Yijiahe, Dali-Tech, Tianyi Network Technology, Sinorobot Tech, CSG Smart Science, HUARUICOM, Guoji Intelligent Technology, Qingtou Intelligent, Zhongfei Aiwei.
The inspection robot for substation market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Inspection Robot for Substation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Inspection Robot for Substation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Inspection Robot for Substation Market - Supply Chain
4.5. Global Inspection Robot for Substation Market Forecast
4.5.1. Inspection Robot for Substation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Inspection Robot for Substation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Inspection Robot for Substation Market Absolute $ Opportunity
5. Global Inspection Robot for Substation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Inspection Robot for Substation Market Size and Volume Forecast by Type
5.3.1. Railroad Navigation
5.3.2. Trackless Navigation
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Inspection Robot for Substation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Inspection Robot for Substation Market Size and Volume Forecast by Application
6.3.1. Single Station Model
6.3.2. Centralized Use Type
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Inspection Robot for Substation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Inspection Robot for Substation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Inspection Robot for Substation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Inspection Robot for Substation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Inspection Robot for Substation Demand Share Forecast, 2019-2026
9. North America Inspection Robot for Substation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Inspection Robot for Substation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Inspection Robot for Substation Market Size and Volume Forecast by Application
9.4.1. Single Station Model
9.4.2. Centralized Use Type
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Inspection Robot for Substation Market Size and Volume Forecast by Type
9.7.1. Railroad Navigation
9.7.2. Trackless Navigation
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Inspection Robot for Substation Demand Share Forecast, 2019-2026
10. Latin America Inspection Robot for Substation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Inspection Robot for Substation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Inspection Robot for Substation Market Size and Volume Forecast by Application
10.4.1. Single Station Model
10.4.2. Centralized Use Type
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Inspection Robot for Substation Market Size and Volume Forecast by Type
10.7.1. Railroad Navigation
10.7.2. Trackless Navigation
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Inspection Robot for Substation Demand Share Forecast, 2019-2026
11. Europe Inspection Robot for Substation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Inspection Robot for Substation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Inspection Robot for Substation Market Size and Volume Forecast by Application
11.4.1. Single Station Model
11.4.2. Centralized Use Type
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Inspection Robot for Substation Market Size and Volume Forecast by Type
11.7.1. Railroad Navigation
11.7.2. Trackless Navigation
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Inspection Robot for Substation Demand Share, 2019-2026
12. Asia Pacific Inspection Robot for Substation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Inspection Robot for Substation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Inspection Robot for Substation Market Size and Volume Forecast by Application
12.4.1. Single Station Model
12.4.2. Centralized Use Type
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Inspection Robot for Substation Market Size and Volume Forecast by Type
12.7.1. Railroad Navigation
12.7.2. Trackless Navigation
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Inspection Robot for Substation Demand Share, 2019-2026
13. Middle East & Africa Inspection Robot for Substation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Inspection Robot for Substation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Inspection Robot for Substation Market Size and Volume Forecast by Application
13.4.1. Single Station Model
13.4.2. Centralized Use Type
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Inspection Robot for Substation Market Size and Volume Forecast by Type
13.7.1. Railroad Navigation
13.7.2. Trackless Navigation
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Inspection Robot for Substation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Inspection Robot for Substation Market: Market Share Analysis
14.2. Inspection Robot for Substation Distributors and Customers
14.3. Inspection Robot for Substation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Luneng Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TRC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lanuch
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tokyo Electric Power Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hangzhou Shenhao Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yijiahe
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dali-Tech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tianyi Network Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sinorobot Tech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CSG Smart Science
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. HUARUICOM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Guoji Intelligent Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Qingtou Intelligent
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zhongfei Aiwei
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
