When it comes to dull, dirty and dangerous in the energy sector, that’s the perfect time to send in the robots and increasingly that is what is happening.

The robotics industry is thought to be worth approximately $45 billion in 2020 and is expected to grow at a CAGR of 28 percent between now and 2030.

With the emergence of a strong energy tech industry in the U.S. and other parts of the world, developments in robotics are boosting safety standards and efficiency in oil operations and helping firms save money in the long term.  

A whole industry of energy tech start-ups has emerged in recent years, recognizing the need for oil and gas firms to modernize in order to improve operations to help them become more competitive during the energy transition to renewable alternatives. 

Through greater modernization, increased efficiency, and cost-cutting, energy firms carrying out lower-carbon oil and gas operations can remain valuable even as renewable developments become more commonplace.