May 17, 2021

COVID-19 Impact on North America Robotic Refueling System Market To Rise at a 43.7% CAGR from 2020 to 2027: Know More Why | Business Market Insights

Robotic refueling system market in North America is expected to grow from US$ 3.67 Mn in 2018 to US$ 94.73 Mn by the year 2027 with a CAGR of 43.7% from the year 2019 to 2027.

The Business Market Insights provides you regional research analysis on “North America Robotic Refueling System Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the North America Robotic Refueling System Market during the forecast period, i.e., 2020–2027.

Driving factors such as low cost of operation and flexibility of dispensing different fuels anticipated to have a medium impact on the development of robotic refueling system for the next two years, however, in the next five to ten years, this factor is expected to have high impact on the market owing to the advancement of autonomous vehicle. Robotic refueling system in the short term which is of two years is going to have low impact in the market. However, over the next five years with the advent of autonomous mining activities is expected to have medium impact in the robotic refueling system market and its impact is expected to grow over the next ten years. Security concerns is expected to have medium impact in the robotic refueling systems market growth in the short term. However, by mid and high term, its impact is expected to decrease allowing the robotic refueling system market to grow more independently. The ultimate goal of a cyber-security attack on robotic fueling systems can relate to Cloning of identity, Theft-of-Service, Spoofing, and Feature unlocking.

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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Robotic Refueling System Market. The researcher provides an extensive analysis of the North America Robotic Refueling System Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

NORTH AMERICA 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

  • US
  • Canada
  • Mexico

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

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Robotic Refueling System Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the North America Robotic Refueling System Market segments and regions.

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The research on the North America Robotic Refueling System Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the North America Robotic Refueling System Market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Robotic Refueling System Market.

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