The robotic refueling system market is expected to grow at a CAGR 49.18% rate during the forecast period.
Growing requirement for low-cost operations in the mining vertical and the need for improved security and safety, while 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. Increasing adoption of autonomous technology is the key opportunity for the growth of the robotic refueling system market.
Robotic refueling systems used for pumping gasoline is expected to hold the largest share in 2021. The growing adoption of autonomous haulage trucks in the mining vertical, where gasoline is used as a primary fuel is expected to drive the market for robotic refueling systems during the forecast period.
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1 Robotic Refueling System Market, By Component
1.1. Hardware
1.1.1. Vehicle positioning system
1.1.2. Control system
1.1.3. Robotic arm
1.1.4. Fuel dispensing system
1.1.5. Others
1.2. software
2. Robotic Refueling System Market, By Fuel Pumped
2.1. Gasoline
2.2. Natural gas
2.3. Petrochemicals
2.4. Others
3. Robotic Refueling System Market, By Vertical
3.1. Mining
3.2. Automotive
3.3. Oil and gas
3.4. Aerospace
3.5. Military and defense
3.6. Warehouse and logistics
3.7. Marine and shipping
3.8. Construction
3.9. Others
4. Robotic Refueling System Market, By Region
4.1. North America
4.2. Europe
4.3. Asia Pacific
4.4. Rest of World
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