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Oil & Gas Robotics Market Share

Report ID: GMI12410
Published Date: Nov 2024
Report Format: PDF

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Oil & Gas Robotics Market Share

Oil & Gas Robotics Company Market Share, 2024

Fanuc, ABB, TechnipFMC hold a significant market share of over 22% in oil & gas robotics industry. These major companies are making significant investments in research and development to advance their product portfolios, incorporating cutting-edge technologies such as autonomous navigation, AI-driven analytics, and advanced sensing systems. By focusing on innovation and customization, these players aim to address the industry's demand for efficient, reliable, and scalable robotic solutions.

Additionally, players such as ABB and Baker Hughes are forming strategic partnerships and collaborations with technology providers and oil & gas operators to enhance their market presence and accelerate innovation. Companies are increasingly adopting digital platforms for real-time monitoring, predictive maintenance, and seamless integration with existing infrastructure. By leveraging these strategies, market leaders are not only expanding their footprint but also providing end-to-end solutions that meet the evolving needs of the oil & gas sector.

Oil & Gas Robotics Market Companies

Major players operating in the oil & gas robotics industry include:

ABB
ANYbotics
Baker Hughes
Blue Ocean Robotics
Eelume
Fanuc
Halliburton
Oceaneering
Schlumberger
TechnipFMC

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

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.

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 key players in the industry include ABB, ANYbotics, Baker Hughes, Blue Ocean Robotics, Eelume, Fanuc, Halliburton, Oceaneering, Schlumberger, and TechnipFMC.