The global crawler camera system market is anticipated to expand at a CAGR of 8.5% during the forecast period, 2021-2028. The growth of the market is attributed to increasing demand for remotely operated inspection devices.
Crawler camera system is an advanced and portable video inspection system that is widely used to inspect and analyse the situation in pipeline, drainage, or tank, void, and conduit/cavity. This system can work underwater up to the depth of 164 feet while offering live video streaming to the surface.
Crawler camera systems are built to survive punitive surroundings. They are technologically advanced to deliver reliable and accurate data with clear images. Increasing number of crawler camera system’s applications owing to rapid advancements is propelling the market. Crawler camera system usually helps to identify areas of concern in sewer lines.. This system is preferable for various applications owing to its capability to reduce the risk of crews.
Market Trends, Drivers, Restraints, and Opportunities:
- Growing demand for advanced inspection systems for underwater operations is driving the growth of the market.
- Rising number of residential and municipal applications is speculated to spur the market growth.
- Increasing infrastructural development in emerging economies is anticipated to boost the growth of the market.
- Growing preference for submersible and magnetic crawler camera systems is expected to positively influence the market growth.
- Frequent battery replacement issue owing to fast battery drainage can restraint the growth of the market.
Scope of the Report
The report on the global crawler camera system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
|
Details
|
Report Title
|
Crawler Camera System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
Base Year
|
2020
|
Historic Data
|
2018–2019
|
Forecast Period
|
2021–2028
|
Segmentation
|
Applications (Drain Inspections, Pipeline Inspections, and Tanks, Voids, and Conduits/Cavity Inspections) and End-users (Industrial, Commercial, Municipal, and Residential)
|
Regional Scope
|
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
Key Players Covered in the Report
|
Deep Trekker Inc., AM Industrial Ltd, iPEK International GmbH, CUES Inc, Eddyfi Technologies, Kummert GmbH, Mini-Cam Ltd, Rausch Electronics USA, LLC, Inspector Systems Rainer Hitzel GmbH, and Subsite Electronics
|
Crawler Camera System Market Segment Insights
Drain inspection segment to account a large market share
On the basis of applications, the market is divided into drain inspections, pipeline inspections, and tanks, voids, and conduits/cavity inspections. The pipeline inspection segment is anticipated to expand at a robust CAGR during the forecast period. Crawler camera helps to analyse the blockage or drainage issue in pipelines. The oil & gas industry are preferring crawler camera systems for identifying the leakage or blockage in pipelines. Conversely, the drain inspection segment accounted for a market share of over 35% in 2020, in terms of revenue. Drain inspection is essential to take preventive measures to avoid any leakage or blockage. This inspection evaluates drainage systems to ensure smooth wastewater transitions from pipeline to sewage systems.
Municipal segment to account a large market share
Based on end-users, the market is divided into industrial, commercial, municipal, and residential. The municipal segment accounted for a market share of over 40% in 2020, in terms of revenue. Crawler camera systems are used in the municipal vertical for inspection purposes due to their lightweight, portability, robustness, and reliability characteristics. Numerous municipalities are using crawler camera systems to enhance security and control the error percentage during inspections. On the other hand, the industrial segment is expected to expand at a healthy rate during the forecast period. In most of the industries, inspection program is mandatory to analyse pipeline and sewer condition, which is driving the growth of the market segment.
North America to account a significant market share
On the basis of regions, the market is divided into Asia Pacific, North America, Latin America, Europe and Middle East & Africa. In 2020, North America accounted for above 30% of the market share, in terms of revenue. Crawler camera systems are widely used for pipeline inspection, drain and sewer inspection, and tank and cavity inspection. Many oil and gas companies are focusing on periodic inspection of their pipelines in order to avoid any mishaps, such as gas leakage. Asia Pacific is expected to account for above one-fourth share of the market during the forecast period. Growing demand from end-users in emerging economies such as India and China to perform inspection of drains and pipelines is boosting the growth of the market in the region.
Segments
The crawler camera system market has been segmented on the basis of
Applications
- Drain Inspections
- Pipeline Inspections
- Tanks, Voids, and Conduits/Cavity Inspections
End-users
- Industrial
- Commercial
- Municipal
- Residential
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Deep Trekker Inc.
- AM Industrial Ltd
- iPEK International GmbH
- CUES Inc
- Eddyfi Technologies
- Kummert GmbH
- Mini-Cam Ltd
- Rausch Electronics USA, LLC
- Inspector Systems Rainer Hitzel GmbH
- Subsite Electronics.
Competitive Landscape
Major players of the crawler camera system market are Deep Trekker Inc., AM Industrial Ltd, iPEK International GmbH, CUES Inc, Eddyfi Technologies, Kummert GmbH, Mini-Cam Ltd, Rausch Electronics USA, LLC, Inspector Systems Rainer Hitzel GmbH, and Subsite Electronics.
Companies are engaging in partnership, collaboration, and merges. Moreover, the companies are focusing on expanding their product portfolio to expand their expand share.
In 2018, CUES Inc. launched a pipeline inspection system, designed to reduce unplanned downtime. The company’s CUES REDI Kit is a pipeline inspection kit, which allows quick and accurate trouble shooting.