Press release
Hospitality Robots Market to Expand in Coming Years Projected to Reach worth $3,083 by 2030 | Savioke, Connected Robotics, BotsAndUs, Travelmate Robotics
According to a new report published by Allied Market Research, titled, "Hospitality Robots Market by Type, End User, Sales Channel and Region: Global Opportunity Analysis and Industry Forecast, 2021-2030," The global hospitality robots market size is expected to reach $3,083 million by 2030 at a CAGR of 25.5% from 2021 to 2030.There is no denying that robots are becoming daily assistants in the hotel industry and appearing in hotels and restaurants across the world. Robots are also utilized in hotels, restaurant, & bar for housekeeping, cleaning, and delivering food items to guest rooms. Furthermore, these robots are also programmed to accept order, prepare meals and drinks for customers. Thus, growing advancement in the hospitality robots market and increasing utility of robots in hotel, restaurants, and bars are expected to accelerate the growth of the hospitality robots market during the forecast period. The COVID-19 pandemic resulted in a positive impact on the hospitality robots market. Attributed to this pandemic, not only service robots but also disinfection robots are gaining considerable popularity among hospitality services providing companies. Many countries have opened their borders to welcome people. The tourism industry is speeding up again. Many hotels provide guests with a quarantine period. Due to lack of personnel, hotels are looking for a complete robot solution for the hotel. Various hospitality robots can be deployed in the hotel according to their use and purpose, such as luggage robots, room service robots or room delivery robots, carpet vacuuming robots, check-in robots, and children's entertainment robots or children's play robots, and now the popularly used disinfection robots.
Request for Sample :- https://www.alliedmarketresearch.com/request-sample/13443
Rapid growth of the hospitality and travel & tourism industry and adoption of robotic automation in hotels, restaurant, bar, and event industries are majorly boosting the growth of the market during the forecast period. Furthermore, increase in concern for hotel premises; safety and rise in utility of the robots in hotel, events, and restaurants are spurring the growth of the market during the forecast period. Various hospitality robots are programmed for special purpose and unique allocated task according to the conditions and situation, and these robots are manufactured according the requirements of the clients. For instance, Pepper, a humanoid robot developed by SoftBank Robotics, wore a mask, greeted new guests in the lobby, and reminded them to wear a mask. Pepper is also programmed to deliver exciting messages, such as "I hope he feels good as soon as possible", and more serious, "I pray that social distancing and vaccination will stop the spread of the disease as soon as possible", and more mysterious messages "Let us unite and overcome this together. Thus, advancement in robots and availability of customizations option so as end users can use robots according to their purpose and situations are expected to drive the growth of the product market during the forecast period.
According hospitality robots market trends, on the basis of type, the delivery robot segment was valued at $60.6 million in 2020 and is expected to increase at $725.6 million by 2030, at CAGR of 27.5%, during the forecast period. Delivery robots are quite popular. When a guest enters the hotel premises, delivery robots welcome guests and carry their luggage to respective rooms. Various hotels are using robots for luggage carrying and delivering food items. For instance, New York-based Yotel hotel has luggage carrying robot named Yobot, which automatically collects and delivers guests' luggage. Yobot can handle around 300 items of luggage a day. Growing utility and advancement in delivery robots is expected to surge the demand for delivery robots during the forecast period.
According hospitality robots market analysis, by end user, travel and tourism segment was valued at $57.4 million in 2020 and is expected to increase to $668.2 million by 2030, at a CAGR of 27.2% during the forecast period. Rapid growth of the travel and tourism industry globally and adoption of robotic automation to offer quick services to customers are expected to favor the growth of the product market during the forecast period. Travelers are opting for unique and exotic holiday destinations to get away from daily hectic schedule and gain valuable experiences. Private, quite, serene, and exotic locations are major factors that people consider while choosing their travel location. Private islands and luxury hotel stays have been voted as top preference by luxury travelers, which increase the demand for luxury and super premium hotel services. Robotic automation in hotel services can increase the quality of hotel services and can offer greater ambience to the customer, thereby propelling the growth of the hospitality robots market.
Request For Customization :- https://www.alliedmarketresearch.com/request-for-customization/13443
According to sales channel, in 2020, the online segment gained the highest share of 57.3% in global market. Increase in internet users, growing digital literacy, and easy availability have led to an exponential rise in number of online sales channels across the globe. The trend of selling advanced consumer and commercial robots online is on rise due to the benefits offered such as competitive pricing, payment security, and payback offers.According hospitality robots market opportunities, region-wise, the Asia-Pacific hospitality robots industry was valued at 75.6 million in 2020, and is expected to increase at 1,038.3 million by 2030 at CAGR of 29.2% during the forecast period. This is majorly attributed to the rapid adoption of hospitality robots in Asia-Pacific and strong growth witnessed in Japan, China, and South Korea.
Procure Complete Report (289 Pages PDF with Insights, Charts, Tables, and Figures) @checkout link :- https://www.alliedmarketresearch.com/checkout-final/8463a46eca10e10d414a55759b7d19d8
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hospitality Robots Market to Expand in Coming Years Projected to Reach worth $3,083 by 2030 | Savioke, Connected Robotics, BotsAndUs, Travelmate Robotics here
News-ID: 2969237 • Views: …
More Releases from Allied market research
Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion …
Allied Market Research published a new report, titled, "Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine…
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
The global marketing technology market is experiencing growth due to several factors, including the increasing digital transformation, the surge in demand for personalized experience, and the proliferation of automation and efficiency. However, data privacy and compliance, and the high cost of implementation are expected to hamper market growth. Furthermore, the growing integration of AI and ML technologies and the increase in demand for real-time marketing are anticipated to provide lucrative…
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Bi …
Allied Market Research published a new report, titled, "Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billi …
The Market report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
The global Digital Educational Publishing Market was valued at $9.9 billion in 2021, and is projected to reach $41.5 billion by 2031, growing at…
More Releases for Robots
Fully Autonomous Robots: Revolutionizing the Construction Robots Market
The construction industry is on the cusp of a technological revolution, driven by the rise of robotics and automation. Within this rapidly evolving landscape, fully autonomous robots are emerging as a game-changer, poised to reshape how we design, build, and maintain our built environment. These robots leverage cutting-edge technologies like artificial intelligence (AI), machine learning, and advanced sensors to perform tasks with minimal human intervention, leading to increased efficiency, safety,…
Warehouse Robotics Market 2023| Bases on Products- Mobile Robots, Articulated Ro …
The Warehouse Robotics Market is a dynamic and growing segment within the food industry, characterized by the production and distribution of freshly made pasta products. With consumers increasingly seeking high-quality, artisanal, and convenient meal options, the Warehouse Robotics market has witnessed a surge in demand. It encompasses a wide range of pasta varieties, from traditional favorites like spaghetti and fettuccine to innovative, gourmet creations. The market's scope extends across both…
Pharmaceutical Robots Market 2021 Scope by Type (Traditional Robots (Articulated …
Pharmaceutical Robots Market report has been structured after a thorough study of various key market segments like market size, latest trends, market threats and key drivers which drives the market. This market study report has been prepared with the use of in-depth qualitative analysis of the global market. The report displays a fresh market research study that explores several significant facets related to Pharmaceutical Robots Market covering industry environment, segmentation…
Packaging Robots : Robots that Make Packaging Easier
Packaging robots are robotics system used for packaging purposes and reduce labor cost and package time. These packaging robots are flexible and can easily integrate into workspace. Packaging robots are type of industrial robots are used for packaging applications in manufacturing facilities for operations such as filling, primary packaging, placing, picking, palletizing, and de-palletizing.
Packaging robots provide a variety of benefits including reduced part package time, labor cost reduction, and…
Emotional Therapy Robots Market Key Players - BeatBotsPARO RobotsSoftbank Group, …
"Emotional Therapy Robots Market Overview: Introduction
Decisive Markets Insights brings out report on Global Emotional Therapy Robots Market. The comprehensive report presents clear foresight of the booming market owing to the expanding consumer base and technological advancement. Experts predicts the business to grow at a value of USD xx billion during 2020 – 2025 at a steady compounded annual growth of rate (CAGR) of x%, over the…
Global Medical Robots Market (Surgical Robots, Rehabilitation Robots, Telepresen …
The new and innovative report of the Medical Robots Market research has been published by Report Consultant to give desired insights to drive the growth of businesses. The report comprises the summarized data of the current scenario as well as predictions about the upcoming trends.
A medical robot is a robot used in the medical sciences. They include surgical robots. These are in most tele-manipulators, which use the surgeon's actions on…
