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Global nuclear response robot market: $1.1 billion industry forecast by 2019

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Nuclear Response Robot: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-04 01:01:03
The global nuclear response robot market is estimated to have reached a value of around $55 million by the end of 2012, and is forecast to grow to a total of $1.1 bililon by 2019. Growth will be driven by a number of key factors including the increasing use of automated process to provide nuclear power capability worldwide. These responder robots are evolving into a new core technology in which all participants in the industry and in governments worldwide must invest. Nuclear response robots are being built so the nuclear industry can build out devices that leverage rapid safe response. Now is the time to use robots in this nuclear industry. Until now, robot technology has not been robust enough to reasonably supplement human tasks in handling of nuclear situations. That is no longer the case, robots have sufficient mobility, size, sensors, and tooling to be effective in a variety of situations. Nuclear response robots are anticipated to have significant market growth as people in the industry begin to recognize the value of automated process in dealing with radiation. Nuclear responder robots are mobile automated process platforms that are responsive to nuclear handling needs. They are emerging in the context of globalization and nuclear energy development. Nuclear robots are inherently local, they are used locally at nuclear energy installations and for materials handling where the materials may be radioactive. They are needed by personnel in particularly dangerous situations. Nuclear responder robots are evolving as specially designed ground robots used to address nuclear and defense needs to support managing radioactive materials. Nuclear response robot market shares and market forecast analysis considers that the targeted robots have a new market based on robotic advances in size, mobility, sensors, and materials handling devices. The move from a primary delivery with a cost structure that accounts for truck rolls to a portable device market is set to bring dramatic changes to the industry. For vendors that have relied on the distribution network and financing the distribution network, their hold on the market has shifted.

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