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Robot Kitchen Market is projected to reach USD 12.65 Billion by 2032 -Moley, Spyce, Samsung, HeroX, Miso Robotics, Sony, QSR Automations, NVIDIA

09-15-2022 06:52 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MR ACCURACY REPORTS

Robot Kitchen Market size was valued at USD 2.32 Billion in 2021 and is projected to reach USD 12.65 Billion by 2032, growing at a CAGR of 15.6% from 2021 to 2032

Robotics was set up with a mission to combine automatic food preparation at home and eating a healthy diet. The company aims to produce technologies that address basic human needs and improve the day-to-day quality of life. Thus, in turn, boosting overall market growth. The growing demand for Robot Kitchen is creating an opportunity for the companies to gain a strong customer base by offering advanced and innovative technology to its customers. The Global Robot Kitchen Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market

Some of the Major Key players profiled in the study are Moley, Spyce, Samsung, HeroX, Miso Robotics, Sony, QSR Automations, NVIDIA

Request To Download Sample of This Strategic Report @ https://www.mraccuracyreports.com/report-sample/346178

Based on Application, the market is, divided into House, Commercial, and Others. The commercial segment now dominates the global market and is predicted to expand even further during the forecast period. In the current competitive and advanced business environment, the evolution of the robot in the market is growing significantly for various commercial end-user applications. Reduced human interaction, increased labor efficiency, automatic controls over cooking settings, adjustments based on customer requirements, uniformity, and other benefits are related to the introduction of commercial robots. Also, the rising concerns in commercial end-user applications for labor and chef availability, increasing food waste, rising CO2 emissions, and other issues have increased the necessity for robot deployment, further fueling market expansion

On the basis of regional analysis, the Global Robot Kitchen Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The North American region dominates the global market and is predicted to grow further during the forecast period. Factors such as the increased development of commercial and residential end-user applications such as pizza making, sandwich and burger making, and cocktail preparations will drive the rise of the kitchen robot market. Also, the presence of several fast-food supply chains combined with the increasing sale at restaurants will boost market expansion in the region. In addition, the Asia Pacific region is likely to be the fastest-growing market during the forecast period, owing to rising disposable income and growing demand for packaged & processed foods in emerging nations boosting the use of kitchen robots to improve food production capabilities

Partnerships, Collaborations, and Agreements
• In May 2020, Miso Robotics partnered with Pathspot to advance healthier commercial cooking environments, improving safety standards in kitchens to address the needs of the restaurant industry as it looks toward recovery. The partnership will allow Miso Robotics to offer PathSpot's hand scanning device for optional integration into the design of Flippy, Miso Robotics' autonomous kitchen assistant.

Product Launches and Product Expansions
• In January 2021, Spyce, robotic restaurant created by MIT graduates opens second location in Harvard Square.

• In September 2018, Miso Robotics enhanced Miso AI Platform to include frying skills, releases pilot program results from dodger stadium.
Region Segmentation
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Other)
Asia Pacific (China, Japan, India, Korea, Southeast Asia)
Europe (Germany, UK, France, Spain, Italy)
Middle East and Africa (Middle East, Africa)

Robot Kitchen Segmentation by Type:

Hardware, Software.

Robot Kitchen Segmentation by Application:

House, Commercial, Others

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Cooking Robot Market: By Application Type
Based on application type, the market is segmented into pizza making, cocktail, and coffee, salad making, burger and sandwich making, multi-cuisine making. The multi-cuisine-making segment is expected to grow the fastest in the cooking robot market from 2022 to 2027. Cooking robots help customers to save time, free up their day from ordinary cooking, plan and adjust menus to different diets and lifestyles, enjoy international cuisine, regulate calories and obtain cooking ideas and recipes from chefs all over the world. Not only does the robot cook whole meals, but it also alerts users when ingredients need to be replaced, suggests dishes based on what's in stock, and sweeps up after itself.

Cooking Robot Market: By Robot Type
Based on robot type, the market is segmented into cartesian, SCARA, 6- axis, cylindrical, and delta. The SCARA segment is expected to hold a larger share as compared to other segments as SCARA robots are most typically employed for collect and assembly operations that need high precision and agility. SCARAs are appropriate for a wide range of general-purpose applications which require quick, reproducible, and articulated point-to-point movements, such as palletizing, depalletizing, machinery loading/unloading, and assembling. SCARA robots are also employed for applications requiring steady speed through circular motions, such as filling and in-place gasket manufacturing, because of their 'elbow' motions which are attributed to segment growth during the forecast period.

Cooking Robot Market: By End-Users
Based on end-users, the market is segmented into residential, and commercial. The commercial segment is expected to grow the fastest in the cooking robot market from 2022 to 2027. Elimination of human interference, increased work efficiency, computerized controls over culinary parameters, modifications as per customer requirements, and uniformity are all aspects that have contributed to the rise of robots for commercial use. In addition, amid a highly challenging and technologically advanced economic landscape, the introduction of the robot into the market is becoming increasingly important for a variety of commercial end-user applications.

Opportunities: Increasing functionality of robots
Traditionally, the functionality and use of robots was limited to heavy payload in transportation equipment manufacturing. However, with the increasing functionality of robots more industries, such as the food processing industry are adopting automation with mainly low payload robots. Sections such as dairy and bakery in the food & beverage industry are minimizing human contact in the production process in order to comply with health authority standards. There is an opportunity for the food robotics market to grow with the increase in functionality of robots to include packaging, repackaging, and palletizing.

Challenges: High installation cost of robotic system
Most food manufacturers are reluctant to adopt automated processes due to the installation cost over and above the price of the robot. The added cost to turn the individual robots into a comprehensive robotic system, peripheral equipment such as safety barriers, sensors, programmable logic controllers (PLC), human machine interface (HMI), and safety systems is a challenge for market growth. Additionally there are engineering costs for programming, installation, and commissioning. These additional costs pose a challenge for the growth of the global market. Small- and medium-scale manufacturers are reluctant to incur high initial costs of installation as it could extend the period to achieve the break-even point.

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