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Electronics and Semiconductor Asia Pacific Robotic Refueling System Market...

Asia Pacific Robotic Refueling System Market to 2027 - Regional Analysis and Forecasts by Component (Hardware, Software); Fuel (Gaseous Fuel, Gasoline, Diesel, Others); Industry Vertical (Aerospace and Defense, Automotive, Construction, Oil and Gas, Mining, Others); and Country

TIPRE00006678 | Pages: 130 | Electronics and Semiconductor | Sep 2019 | Type: Regional | Status: Published

Robotic refueling system market in the Asia Pacific is expected to grow from US$ 1.68 Mn in 2018 to US$ 24.06 Mn by the year 2027 with a CAGR of 36.1% from the year 2019 to 2027.

 

The mining industry to ensure robotic refueling systems formidable growth rate, which in turn is anticipated to propel the robotic refueling system market. In addition, the flexibility of dispensing different fuels and low cost of operation is going to act as a catalyst for the robotic refueling system market growth. Moreover, the emergence of AI-based autonomous cars is anticipated to offer significant growth opportunities for the robotic refueling system market in the forecast period. For decades, fuel pumps have been operated by humans, thus, raising the total operational cost of managing the store and the pump. An operator has already been assigned for the task of fueling and managing the monetary operations. A robotic fueling station would eliminate the need for a human to potentially dangerous petrochemical fumes, avoiding driver’s exposure to extreme cold or hot temperatures during fueling, and reducing the labor costs associated with full-service fueling stations. Additionally, fueling a diesel car with petrol or vice versa has always been the most careless mistake while refueling. Robotic refueling systems eliminate the chances of wrong fuelling accidents as each vehicle would have an RFID tag which would inform the refueling station regarding the type of fuel used such as petrol, diesel, or natural gas.

 

Robotic refueling system market by fuel is classified into gaseous fuel, gasoline, diesel, and others. Gasoline segment of robotic refueling system market led the market in 2018 and is expected to continue its dominance during the forecast period. Emission of harmful greenhouse gasses from gasoline engine after combustion, is considered to be the major factor contributing to the unpopularity of gasoline powered vehicles. It is expected that electric vehicle is going to replace much of the gasoline vehicle during the forecast period from 2019 - 2027 Thus, in the near future during the forecast period, it is expected that other clean energy sources such as gaseous fuels and electric is going to substitute for gasoline powered vehicle. However, the application of diesel powered vehicle cannot be replaced by other fuel type owing to a diesel engine’s low power to weight ration and low end torque. Thus all medium and heavy commercial vehicle along with off-highway trucks and machineries are expected to be powered by diesel.

 

The China dominated the robotic refueling system market in 2018 and is expected to dominate the market with the highest share in the Asia Pacific region through the forecast period. China has increasingly evolved as the second leading crude oil consumer and has ranked fifth in the world in terms of production. The oil & gas market is dominated by the local oil companies that contribute to over 75% of the production. Growing oil & gas industry is expected to increase the adoption of robotic refueling system as it helps the workers to stay far from the stations and reduces human intervention. On the other hand, China aims to be a moderately prosperous society in every aspect, including space technology. Therefore, the country was projected to launch 100 satellites by 2025. For this step, China invested a massive amount in making its own space station by 2022. Such investment by the country towards making the infrastructure fully automated will also require a robotic refueling system. The country projects to be fully developed, rich, and powerful nation by leading in innovation, outer space, and artificial intelligence. The figure given below highlights the revenue share of the Rest of Asia Pacific in the robotic refueling system market in the forecast period:

 

Rest of Asia Pacific Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Mn)

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ASIA PACIFIC ROBOTIC REFUELING SYSTEM MARKET SEGMENTATION

By Fuel

  • Gaseous Fuel
  • Gasoline
  • Diesel
  • Others

By Component

  • Hardware
  • Software

By Industry Vertical

  • Aerospace and Defense
  • Automotive
  • Construction
  • Oil and Gas
  • Mining
  • Others

By Country

  • China
  • Japan
  • South Korea
  • Australia
  • India
  • Rest of APAC

Robotic Refueling System Market - Companies Mentioned

  • ABB Ltd.
  • Fanuc Corporation
  • Fuelmatics AB
  • Gazprom Neft PJSC
  • Kuka AG
  • Neste
  • Rotec Engineering
  • Scott Technology Limited
  • Shaw Development LLC
  • Yaskawa Electric Corporation

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Asia Pacific Robotic Refueling System market – By Component

1.3.2        Asia Pacific Robotic Refueling System Market – By Fuel

1.3.3        Asia Pacific Robotic Refueling System Market – By Industry Vertical

1.3.4        Asia Pacific Robotic Refueling System market – By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Robotic Refueling System Market Landscape

4.1         Market Overview

4.2         PEST Analysis – Asia Pacific

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Robotic Refueling System Market – Key Industry Dynamics

5.1         Key Market Drivers

5.1.1        Flexibility of dispensing different fuels and low cost of operation is going to act as a catalyst for the market’s growth

5.1.2        Mining industry to ensure robotic refuelling systems formidable growth rate

5.2         Market Restraints

5.2.1        Security attacks act as major restraint

5.3         Opportunities

5.3.1        Acceptance of automated systems and solutions in marine applications

5.4         Future Trends

5.4.1        Emergence of AI-based autonomous cars

5.5         Impact Analysis

6.           Robotic Refueling System Market – Asia Pacific Analysis

6.1         Overview

6.2         Asia Pacific Robotic Refueling System Market Revenue And Forecasts To 2027 (US$ Mn)

7.           Asia Pacific Robotic Refueling System Market Analysis – By Component

7.1         Overview

7.2         Asia Pacific Robotic Refueling System Market Breakdown, By Component, 2018 & 2027

7.3         Hardware

7.3.1        Overview

7.3.2        Asia Pacific Hardware Market Revenue and Forecasts to 2027 (US$ Thousands)

7.4         Software

7.4.1        Overview

7.4.2        Asia Pacific Software Market Revenue and Forecasts to 2027 (US$ Thousands)

8.           Asia Pacific Robotic Refueling System Market Analysis – By Fuel

8.1         Overview

8.2         Asia Pacific Robotic Refuelling System Market Breakdown, By Fuel, 2018 & 2027

8.3         Gaseous Fuel

8.3.1        Overview

8.3.2        Asia Pacific Gaseous Fuel Market Revenue and Forecasts to 2027 (US$ Thousands)

8.4         Gasoline

8.4.1        Overview

8.4.2        Asia Pacific Gasoline Market Revenue and Forecasts to 2027 (US$ Thousands)

8.5         Diesel

8.5.1        Overview

8.5.2        Asia Pacific Diesel Market Revenue and Forecasts to 2027 (US$ Thousands)

8.6         Others

8.6.1        Overview

8.6.2        Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Thousands)

9.           Asia Pacific Robotic Refueling System Market Analysis – By Industry Vertical

9.1         Overview

9.2         Asia Pacific Robotic Refueling System Market Breakdown, By Industry Vertical, 2018 & 2027

9.3         Aerospace and Defence

9.3.1        Overview

9.3.2        Asia Pacific Aerospace and Defence Market Revenue and Forecasts to 2027 (US$ Thousands)

9.4         Automotive

9.4.1        Overview

9.4.2        Asia Pacific Automotive Market Revenue and Forecasts to 2027 (US$ Thousands)

9.5         Construction

9.5.1        Overview

9.5.2        Asia Pacific Construction Market Revenue and Forecasts to 2027 (US$ Thousands)

9.6         Oil & Gas

9.6.1        Overview

9.6.2        Asia Pacific Oil & Gas Market Revenue and Forecasts to 2027 (US$ Thousands)

9.7         Mining

9.7.1        Overview

9.7.2        Asia Pacific Mining Market Revenue and Forecasts to 2027 (US$ Thousands)

9.8         Others

9.8.1        Overview

9.8.2        Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Thousands)

10.        Asia Pacific Robotic Refueling System Market – Country Analysis

10.1      Overview

10.1.2     APAC Robotic Refueling System Market Breakdown, by Key Countries

10.1.2.1       China Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

10.1.2.1.1       China Robotic Refueling System Market Breakdown by Component

10.1.2.1.2       China Robotic Refueling System Market Breakdown by Fuel

10.1.2.1.3       China Robotic Refueling System Market Breakdown by Industry Vertical

10.1.2.2       India Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

10.1.2.2.1       India Robotic Refueling System Market Breakdown by Component

10.1.2.2.2       India Robotic Refueling System Market Breakdown by Fuel

10.1.2.2.3       India Robotic Refueling System Market Breakdown by Industry Vertical

10.1.2.3       Japan Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

10.1.2.3.1       Japan Robotic Refueling System Market Breakdown by Component

10.1.2.3.2       Japan Robotic Refueling System Market Breakdown by Fuel

10.1.2.3.3       Japan Robotic Refueling System Market Breakdown by Industry Vertical

10.1.2.4       Australia Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

10.1.2.4.1       Australia Robotic Refueling System Market Breakdown by Component

10.1.2.4.2       Australia Robotic Refueling System Market Breakdown by Fuel

10.1.2.4.3       Australia Robotic Refueling System Market Breakdown by Industry Vertical

10.1.2.5       South Korea Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

10.1.2.5.1       South Korea Robotic Refueling System Market Breakdown by Component

10.1.2.5.2       South Korea Robotic Refueling System Market Breakdown by Fuel

10.1.2.5.3       South Korea Robotic Refueling System Market Breakdown by Industry Vertical

10.1.2.6       Rest of APAC Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

10.1.2.6.1       Rest of APAC Robotic Refueling System Market Breakdown by Component

10.1.2.6.2       Rest of APAC Robotic Refueling System Market Breakdown by Fuel

10.1.2.6.3       Rest of APAC Robotic Refueling System Market Breakdown by Industry Vertical

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Development

12.        Company Profiles

12.1      ABB Ltd.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Product and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Fanuc Corporation

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Fuelmatics AB

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Gazprom Neft PJSC

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Kuka AG

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Neste

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Rotec Engineering

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Scott Technology Limited

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Shaw Development LLC.

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10   Yaskawa Electric Corporation

12.10.1  Key Facts

12.10.2  Business Description

12.10.3  Products and Services

12.10.4  Financial Overview

12.10.5  SWOT Analysis

12.10.6  Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

LIST OF TABLES

Table 1.             Asia Pacific Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2.             APAC Robotic Refueling System Market Revenue and Forecasts to 2027 – By Component (US$ Thousands)

Table 3.             APAC Robotic Refueling System Market Revenue and Forecasts to 2027 – By Fuel (US$ Thousands)

Table 4.             APAC Robotic Refueling System Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Thousands)

Table 5.             China Robotic Refueling System Market Revenue and Forecasts to 2027 – By Component (US$ Thousands)

Table 6.             China Robotic Refueling System Market Revenue and Forecasts to 2027 – By Fuel (US$ Thousands)

Table 7.             China Robotic Refueling System Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Thousands)

Table 8.             India Robotic Refueling System Market Revenue and Forecasts to 2027 – By Component (US$ Thousands)

Table 9.             India Robotic Refueling System Market Revenue and Forecasts to 2027 – By Fuel (US$ Thousands)

Table 10.          India Robotic Refueling System Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Thousands)

Table 11.          Japan Robotic Refueling System Market Revenue and Forecasts to 2027 – By Component (US$ Thousands)

Table 12.          Japan Robotic Refueling System Market Revenue and Forecasts to 2027 – By Fuel (US$ Thousands)

Table 13.          Japan Robotic Refueling System Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Thousands)

Table 14.          Australia Robotic Refueling System Market Revenue and Forecasts to 2027 – By Component (US$ Thousands)

Table 15.          Australia Robotic Refueling System Market Revenue and Forecasts to 2027 – By Fuel (US$ Thousands)

Table 16.          Australia Robotic Refueling System Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Thousands)

Table 17.          South Korea Robotic Refueling System Market Revenue and Forecasts to 2027 – By Type (US$ Thousands)

Table 18.          South Korea Robotic Refueling System Market Revenue and Forecasts to 2027 – By Fuel (US$ Thousands)

Table 19.          South Korea Robotic Refueling System Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Thousands)

Table 20.          Rest of APAC Robotic Refueling System Market Revenue and Forecasts to 2027 – By Component (US$ Thousands)

Table 21.          Rest of APAC Robotic Refueling System Market Revenue and Forecasts to 2027 – By Fuel (US$ Thousands)

Table 22.          Rest of APAC Robotic Refueling System Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Thousands)

Table 23.          Glossary of Term: Robotic Refueling System Market

 

LIST OF FIGURES

Figure 1.           Robotic Refueling System Segmentation

Figure 2.           Robotic Refueling System Segmentation - Country

Figure 3.           Market Overview of Robotic Refueling System (2019-2027)

Figure 4.           A Snapshot of Market Strategies

Figure 5.           Robotic Refueling System Market By Type -2018 & 2027 (US$ MN)

Figure 6.           Asia-Pacific – PEST Analysis

Figure 7.           Ecosystem Analysis

Figure 8.           Expert Opinion

Figure 9.           Robotic Refueling System Market Impact Analysis of Drivers and Restraint

Figure 10.        Asia Pacific Robotic Refueling System Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 11.        Robotic Refueling System Market Breakdown, By Component, 2018 & 2027 (%)

Figure 12.        Asia Pacific Hardware Market Revenue and Forecast to 2027 (US$ Thousands)

Figure 13.        Asia Pacific Software Market Revenue and Forecast to 2027 (US$ Thousands)

Figure 14.        Robotic Refueling System Market Breakdown, By Fuel, 2018 & 2027 (%)

Figure 15.        Asia Pacific Gaseous Fuel Market Revenue and Forecast to 2027 (US$ Thousands)

Figure 16.        Asia Pacific Gasoline Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 17.        Asia Pacific Diesel Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 18.        Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 19.        Asia Pacific Robotic Refueling System Market Breakdown, By Industry Vertical, 2018 & 2027 (%)

Figure 20.        Asia Pacific Aerospace and Defense Market Revenue and Forecast to 2027 (US$ Thousands)

Figure 21.        Asia Pacific Automotive Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 22.        Asia Pacific Construction Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 23.        Asia Pacific Oil & Gas Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 24.        Asia Pacific Mining Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 25.        Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 26.        APAC Robotic Refueling System Market Breakdown by Key Countries, 2018 & 2027(%)

Figure 27.        China Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 28.        India Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 29.        Japan Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 30.        Australia Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 31.        South Korea Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

Figure 32.        Rest of APAC Robotic Refueling System Market Revenue and Forecasts to 2027 (US$ Thousands)

The List of Companies

  1. ABB Ltd.
  2. Fanuc Corporation
  3. Fuelmatics AB
  4. Gazprom Neft PJSC
  5. Kuka AG
  6. Neste
  7. Rotec Engineering
  8. Scott Technology Limited
  9. Shaw Development LLC
  10. Yaskawa Electric Corporation
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