Oil & Gas Robotics Market
Get a free sample of this report
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Request Sectional Data
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
The global oil & gas robotics market size was valued at USD 1.6 billion in 2024 and is estimated to register a CAGR of 9.9% between 2025 and 2034. Market expansion is driven by various factors such as the demand for operational safety, predictive maintenance, and the emphasis on autonomous solutions. There is an active pursuit of strategic partnerships aimed at enhancing technological capabilities as well as increasing their presence in the market.
For instance, a partnership was announced in November 2024 in which ANYbotics partnered with SLB to provide cutting-edge robotics solutions for the oil and gas industry. The goal behind this collaboration is to assist the operators during inspections, predictive maintenance, and meeting safety regulations.
Report Attribute | Details |
---|---|
Base Year: | 2024 |
Oil & Gas Robotics Market size in 2024: | USD 1.6 Billion |
Forecast Period: | 2025 to 2034 |
Forecast Period 2023 - 2032 CAGR: | 9.9 |
2023 Value Projection: | USD 4.1 Billion |
Historical Data for: | 2021 – 2024 |
No of Pages: | 160 |
Tables, Charts & Figures: | 185 |
Segments Covered: | Product, Deployment Environment, Automation Level, Application |
Growth Drivers: |
|
Pitfalls Challenges: |
|
The need to reduce the risk to human lives working in hostile environments and the use of advanced robotics technologies are fostering the growth of the oil & gas robotics market. As the oil & gas companies shift into a more digital-driven focus, the attraction and investment into autonomous and remote-controlled robotic solutions have highly increased, leading to novel technological solutions being created.
Furthermore, the rapid evolution of the oil & gas analytics sector is also a key factor in fueling the demand for sophisticated solutions within the market. As Big Data is becoming paramount in making operational decisions, oil and gas companies are integrating analytics platforms with various robotics technologies to increase efficiency and predictive maintenance. The oil and gas analytics sector is expected to expand and earn revenue of approximately 33 billion dollars by 2030 at a compound yearly growth rate of more than 20%.
The impact of self-sufficient robots and high-end AI technologies on the oil & gas sector begins with security, better return on investments, and cost optimization. Robotic technologies are being employed for several critical functions, including but not limited to pipeline surveillance, servicing equipment, and subsea activities. Such technologies not only limit human contact with extreme environments but also enhance the accuracy and reliability of critical operations, making it a key requirement for current oil & gas infrastructure.
The oil & gas robotics market is being changed due to advancements in robotics integration and strategic collaborations. Industry players aim to provide multi-level inspection and supervision systems that rely on AI and Analytics to provide analytics and maintenance signals in real-time. The impetus of affordable and integrated products is serving the purpose of robotics requirements across onshore and offshore operations in response to the business requirement of increasing efficiency or sustainability in the energy sector.
The oil & gas robotics market is also challenged by the overly competitive market as well as some limitations such as the high upfront investment costs and integration of the robotic systems with the already established frameworks. For many smaller industry players, the investment is quite substantial, and it is hard to receive returns from a technical perspective because of backward compatibility with some systems. The adoption rate differs between segments, causing some delays in growth that is generally inclusive of structural elements that are lacking.
Based on product, the oil & gas robotics market is divided into Remote Operated Vehicles (ROVs), Unmanned Aerial Vehicles (UAVs), inspection robots, maintenance robots, and others. In 2024, the inspection robot segment was valued at over USD 400 million.
Based on deployment environment, the oil & gas robotics market is categorized into onshore and offshore. The onshore segment is anticipated to register a CAGR of over 8.5% from 2025 to 2034.
North America dominated the global oil & gas robotics market with a major share of over 30% in 2024.
Fanuc, ABB, TechnipFMC hold a significant market share of over 22% in the oil & gas robotics industry in 2024.
Major players operating in the oil & gas robotics industry include:
The oil & gas robotics market for is extremely competitive which can improve operational efficiency, keep the workers protected, and reduce environmental risks all at once. Automation in the form of remote-operated vehicles that carry out inspection, maintenance, surveillance, and deep-sea exploration tasks is widely welcomed. Regional competition has also started emerging as there is a subtle shift towards providing low-cost and application-specific robotic solutions. The primary aim of such robotic systems was to cater to niche markets by addressing regional challenges such as compliance with strict environmental policies, overcoming infrastructure barriers, and refining maintenance.
The robotics oil and gas market is characterized by cutting-edge innovation, versatility, and an ability to provide practical and dependable products. This is an industry that is in constant motion as the companies that foster greater strategic relations with oil and gas operators and service companies become more cost-effective to remain competitive in the market.
Market, By Product
Market, By Deployment Environment
Market, By Automation Level
Market, By Automation Level
The above information is provided for the following regions and countries:
The key players in the industry include ABB, ANYbotics, Baker Hughes, Blue Ocean Robotics, Eelume, Fanuc, Halliburton, Oceaneering, Schlumberger, and TechnipFMC.
The onshore segment is anticipated to register a CAGR of over 8.5% from 2025 to 2034, led by the need for automation in exploration, drilling, and maintenance operations.
The North America market accounted for 30% of the revenue share in 2024, propelled by the increasing adoption of automation technologies to enhance operational efficiency and safety.
The market size of oil & gas robotics reached USD 1.6 billion in 2024 and is set to grow at a 9.9% CAGR from 2025 to 2034, driven by increasing focus on operational safety and demand for autonomous solutions.