Rising Demand for Sewer Inspection Drives Growing Crawler Camera Sales
(UC) — A new market report projects worldwide demand for crawler cameras used in sewer inspections will continue to grow at a brisk pace, describing them as the "future of pipeline inspection systems" due to their efficiency, accuracy and low cost.
The report from ResearchAndMarkets.com predicts overall crawler camera systems demand worldwide will see a 6.7% compound annual growth rate (CAGR) through 2027, led by strong demand from the municipal segment," according to a summary of the research report, titled, .
"Growing demand for sewer inspection systems is driving the growth of crawler camera systems worldwide. Global sewer inspection camera systems market is growing with a CAGR of more than 10% worldwide, consequently, we are expecting robust growth in crawler camera systems market.
Crawler camera systems are advanced & portable inspection systems that provide data reporting and internal images of sewer pipe, as well as for applications in industries such as oil refining and natural gas distribution.
"Rising industrialization and technological advancement in inspection systems are the major growth drivers for the crawler camera systems market. On account of all these factors, we are expecting high growth in the crawler camera systems market during the forecast period."
Based on end-use, the municipal segment is the leader in crawler camera systems market with more than 40% of the market share worldwide.
"Crawler camera systems are being used in municipalities due to its valuable features such as lightweight, portability, robustness and reliability. Crawler camera systems can reach remote sites, including constrained pipes, flood drains, inner part of water sewers and large offsets, the report said.
North America leads crawler camera systems sales with more than 40% of the global market, followed by Europe, due to transforming infrastructure in the region.
Major market players are focusing on strategies such as brand enhancement and mergers & acquisitions to improve their market position, according to the report, which cited an April 2018 merger of an SPX Corporation subsidiary with with Cues, Inc. parent company ELXCI Corp.
The ResearchAndMarkets report is titled: "Global Crawler Camera Systems Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts 2019-2027."
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