The Robotic Refuelling System market is set to grow at a 45% CAGR from 2021-2026, driven by automation in mining and transport. Key players include ABB and Scott Technology.
The new report by Expert Market Research titled, ‘Global Robotic Refuelling System Market and Forecast 2021-2026’, gives an in-depth analysis of the global robotic refuelling system market, assessing the market based on its segments like components, fuel pumped, payload carrying capacity, verticals and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
During the forecast period, the robotic refuelling system market is expected to be driven by the rising usage of autonomous transport trucks in mining, where gasoline is the primary fuel. The increased demand for automation, electric/hybrid automobiles, and cost-effective on-site refueling stations for mining haulage trucks are the primary elements driving the robotic refuelling system industry development with a payload capacity of 105–155 kg internationally.
Industry Definition and Major Segments
Robotic refueling is an automated refueling system that directs the nozzle into the truck’s gasoline tank using high-end vision sensing and detecting technology. When implemented, this strategy greatly enhances the flexibility of the on-the-job project while simultaneously addressing cost, productivity, and safety concerns.
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Based on components, the market covers:
Based on payload carrying capacity, the market is categorised into:
Based on fuel pumped, the market is divided into:
Based on vertical, the market is categorised into:
The major regional markets include:
Market Trends
robotic refuelling systems with a broad range of payload capabilities based on the type of fuel being pumped are used in verticals such as mining, automotive, aviation, army and defense, and warehouse and logistics, and their application in each field is assisting the market expansion. The growing demand for low-cost mining operations, as well as the necessity for increased safety and security, are propelling the industry forward. Fuel dispensing is the primary driver of market expansion. In 2020, it is expected that the market for robotic refuelling systems, which are used to pump gasoline and other fuels, would have the largest share.
Legal and safety restrictions are one of the major roadblocks to industry expansion. The transition from manual to automated gasoline caps is a significant barrier that could stymie industry growth during the projection period.
Key Market Players
The major players in the market are ABB Group Ltd, Scott Technology Ltd, KUKA AG, Rotec Engineering, Fuelmatics, Mine Energy Solution Pty, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
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The article discusses the growth of the Robotic Refuelling System market, projected to expand significantly by 2026.
What factors are driving the market growth? Increased automation and demand for safety in mining and transport sectors.
Who are the key players in this market? Major companies include ABB Group Ltd, Scott Technology Ltd, and KUKA AG.
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