Robotic Refueling System Market

Scott Technology Ltd. (New Zealand), Fuelmatics AB (Sweden) and ROTEC Engineering B.V. (Netherlands) are leading players in Robotic Refueling System Market

The robotic refueling system market is expected to grow from USD 25 million in 2019 to USD 2.2 billion by 2030, at a CAGR of 50.0% during forecast period. Increasing requirement for low-cost operations in the mining vertical, and the need to improve security & safety during fuel dispensation are the key factors driving the growth of the market. One of the major restraints for the growth of the market is the legal and safety regulations. The increasing adoption of autonomous technology is one of the important opportunities for the growth of the robotic refueling system market. A challenge faced by the key players in the market is the replacement of manual caps with automated fuel caps.

To know about the assumptions considered for the study download the pdf brochure

Scott Technology Ltd. (New Zealand) is one of the rapidly growing organizations within the market. The company specializes in designing and manufacturing robotics and process machinery and providing automated facility globally. Scott Technology Ltd. has its manufacturing facilities in New Zealand, Australia, the USA, Germany, and China supplying equipment in over 75 countries. It has adopted organic and inorganic growth strategies to become a global enterprise. In 2018, the company announced the acquisition of Alvey Group (Belgium) and Transrobotics Corporation (US). In April 2018, RobotWorx, a division of Scott Technology, expanded its business operation in the Australian robotic market.

Fuelmatics AB (Sweden) is one of the fastest growing organizations in the robotic refueling system market. The company adopted organic growth strategies through the introduction of technologically advanced and innovative product lines. For instance, in June 2018, Fuelmatics received its first order for its Fuelmatics 5000 units from the US-based oil company with a network of fuel stations across various states of the US. The new Fuelmatics 5000 is an improved system with smartphone payment capability, compact design, and higher operating speed. The company has dedicated research and development facilities for designing and developing innovative technologies. The company has offices and operational facilities in Europe and North America.

ROTEC Engineering B.V. (Netherlands) is one of the pioneers in manufacturing robotic refueling systems. It provides a few of the most advanced robotic refueling systems for the mining sector across the world. The company has mainly adopted business strategies such as greater geographic reach and increased industry coverage to expand its business worldwide. It has state-of-the-art innovation centers for the development and designing of technologically advanced and innovative products. The company offers its autonomous systems through ROTEC Special Projects B.V for the agriculture, automotive, and mining verticals.

Related Reports:

Robotic Refueling System Market by Fuel Pumped (Gasoline, Natural Gas, Petrochemicals), Payload-carrying Capacity (Up to 50 kg, 50–100 kg, 100–150 kg), Vertical (Automotive, Mining, Oil & Gas, Aerospace,) and Geography - Global forecast 2030

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 7238
RI Published ON
7/17/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Robotic Refueling System Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved