Global Robotic Refueling System Market was valued US$ XX Mn. in 2019 and is expected to reach US$ XX Mn. by 2027.
Robotic refueling is an automated refueling system that uses vision sensing and detection systems to help guide the nozzle to the vehicle’s fuel tank. The refueling operation is done without relying on humans, making the expected operation much faster and cheaper. Robotic refueling helps in solving cost, productivity, and safety challenges associated with the fueling activity.
The report covers the detailed analysis of Global Robotic Refueling System Market with the classifications of the market on fuel pumped, component, payload capacity, end-user and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players contribution in it.
The report has profiled nineteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimating the size of the same. Manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and report has come up with recommendations for future hot spot in North America region. Major country’s policies about manufacturing and its impact on Robotic Refueling System applications demand is covered in the report.
Global Robotic Refueling System Market Dynamics-
Productivity enhancement by a reduction in refuel time, typically 20 to 30 minutes, down to 6 to 10 minutes has contributed to the growth of demand for Robotic Refueling System. Refuel time is dependent on pumping rate and vehicle tank inflow capacity, but the largest time consumer at most sites are the administrative controls associated with personnel movement and interaction with the vehicle. These control measures are not required for robotic refueling as there are no technicians on the ground, and the driver remains in the vehicle cabin.
No requirement for operators on-site to man fuel stations and re-fuel mobile equipment. Supervision and confirm activities may be undertaken at a remote operations center, which helps in the reduction of cost associated with the manpower requirement.
As the process of robotic refueling is fully automated the safety concerns pertaining to the leakage, accidents and incidents are eliminated, which acts as a driving factor to the growth of Global Robotic Refueling System Market.
Strict legal and safety regulations for the use of robotic refueling system acts as a restraint to the growth of Global Robotic Refueling System Market.
Global Robotic Refueling System Market Segment analysis-
The report groups the Global Robotic Refueling System Market in different segments by fuel pumped, by component, by payload capacity, by end user and by region to forecast the revenues and analyze the market share of each segment over the forecast period.
Global Robotic Refueling System Market
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Based on payload capacity, the up to 50 kg robotic refueling system segment market was dominant in 2019 and is expected to command the market share of xx% by 2027. Increase in the number of vehicles used for personal, industrial, aviation or mining applications have contributed to the growth of the segment.
By component, the hardware segment was dominant in 2019 and is expected to command the market share of xx% by 2027. The Hardware segment includes the vehicle positioning system, control system, robotic arm, fuel dispensing systems, etc. Software is the computerized guide for the movement of the robot arm to the vehicle.
Based on fuel pumped, gasoline robotic refueling system segment market was dominant in 2019 and is expected to command the market share of xx% by 2027. With increase in the need for transportation of goods and services, and personal vehicles growth in the gasoline refueling has also increased.
Global Robotic Refueling System Market1
Based on end-user, the mining segment was dominant in 2019 and is expected to command the market share of xx% by 2027. An increase in the need for improved security and safety during refueling has boosted the demand for robotic fuelling in the mining industry.
Global Robotic Refueling System Market Regional Insights-
Global Robotic Refueling System Market2
North America is expected to command largest market share of xx% by 2027
North America has over 14% of crude oil and 6% of natural gas reserves in the world. The rise in the production of shale gas has also added to the growth of fuel supply in the region. The strong presence of reserves of oil & gas is expected to offer tremendous opportunities to both manufacturers and providers of the Global Robotic Refueling System Market.
Europe is expected to command market share of xx% by 2027
An increase in the number of autonomous vehicles and the presence of a large number of robotic refueling system manufacturers in the region have driven the growth of the Global Robotic Refueling System Market. Investments in the up-gradation and advancement of fuel, stations have resulted in the growth of demand for robotic refueling systems.
The report also helps in understanding the Global Robotic Refueling System Market dynamics, structure by analyzing the Market segments and project the Global Robotic Refueling System Market which gives clear representation of competitive analysis of key players by price, financial position, Material portfolio, growth strategies, and regional presence in the Global Robotic Refueling System Market make the report investor’s guide.
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Scope of the Global Robotic Refueling System Market- Inquire before buying
Global Robotic Refueling System Market, by fuel pumped
• Natural gas
Global Robotic Refueling System Market, by component
Global Robotic Refueling System Market, by payload carrying capacity
• up to 50 Kg
• 50-100 Kg
• 100-150 Kg
Global Robotic Refueling System Market, by end user
• Oil & Gas
• Marine & Shipping
• Military & Defense
Global Robotic Refueling System Market, by region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Robotic Refueling System Market
• Scott Technology
• Fuelmatics AB
• Rotec Engineering B.V
• Shaw development LLC
• PLUG POWER Inc.
• Airbus S.A.S
• The Boeing Company
• ABB Group
• Simon Group Holding
• FANUC Corporation
• AUTOFUEL AB
• TATSUNO Corporation
• CZECH INNOVATION GROUP
• Mine Energy Group Pty Ltd.
• Husky Corporation
• Green Fueling Inc.
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