openPR Logo
Press release

Hospitality robots market is forecasted to expand at a compound annual growth rate (CAGR) of 25.5% through 2030

06-05-2024 01:40 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied market research

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. Hospitality Robots Market by Type (Front Desk Robots, Delivery Robots, Cleaning Robots and Others) and end user (Hotels, Restaurants and Bars and Travel and Tourism Industry) Sales Channel (Online and Offline): Global Opportunity Analysis and Industry Forecast 2021-2030

"Growing adoption of robotic automation in the hospitality industry, increasing utility of robots in hotels, restaurants, and bars, and rising need for contact and touch free hotel services due to COVID-19 are expected to drive the hospitality robots market growth during the forecast period"

Request for Sample @ https://www.alliedmarketresearch.com/request-sample/13443

Growth of the hospitality robots market :-

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.

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.

Request For Customization :-https://www.alliedmarketresearch.com/request-for-customization/13443

COVID-19 pandemic Analysis on hospitality robots market

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.

The players operating in the hospitality robots industry :-
Savioke
Connected Robotics
BotsAndUs
Travelmate Robotics
Hyundai Robotics Co., Ltd
Knightscope, Inc
Maidbot, Aethon Inc.
Softbank Robotics
Ubtech Robotics, Inc

Grab the opportunity !!! LIMITED-TIME OFFER - Buy Now & Get Exclusive 15 % Discount on this Report
:- https://www.alliedmarketresearch.com/checkout-final/5b166eacd395e114acc758416ad2449c

Key findings of the study

The hospitality robots market size was valued at $295.3 million in 2020 and is estimated to reach $3,081 million by 2030, registering a CAGR of 25.5% from 2021 to 2030.
In 2020, depending on type, the front desk robots segment was valued at $151.8 million, accounting for 51.4% of the global hospitality robots market share.
In 2020, depending on end user, the travel and tourism industry segment was valued at $57.4 million, accounting for 19.4% of the global hospitality robots market share.
In 2020, depending on sales channel, the offline segment was valued at $126.1 million, accounting for 42.7% of the global hospitality robots market.
In 2020, the U.S. was the most prominent market in North America and is projected to reach $821.9 million by 2030, growing at a CAGR of 23.9% during the forecast period.

FREQUENTLY ASKED QUESTIONS?
Q1. What is the total market value of the Hospitality Robots Market report?
Q2. What would be the forecast period in the Hospitality Robots Market report?
Q3. Which is the base year calculated in the Hospitality Robots Market report?
Q4. Which are the top companies hold the market share in the Hospitality Robots Market?
Q5. Which is the most influencing segment growing in the Hospitality Robots Market report?

Reasons to buy:
• Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
• Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
• Classify potential new clients or partners in the target demographic.
• Develop tactical initiatives by understanding the focus areas of leading companies.
• Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
• Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
• Report will be updated with the latest data and delivered to you within 2-4 working days of order.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
• Create regional and country strategies on the basis of local data and analysis.

Trending Reports We Have on Consumer:-

Electric Shoe Polisher Market :- https://www.alliedmarketresearch.com/electric-shoe-polisher-market-A13091

Commercial Undercounter Dishwasher Market
https://www.alliedmarketresearch.com/commercial-undercounter-dishwasher-market-A13740

Online in-flight shopping Market https://www.alliedmarketresearch.com/online-in-flight-shopping-market-A13848

Robotic Pool Cleaner Market https://www.alliedmarketresearch.com/robotic-pool-cleaner-market-A06352

Contact Us
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | Twitter | LinkedIn |

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

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 is forecasted to expand at a compound annual growth rate (CAGR) of 25.5% through 2030 here

News-ID: 3527384 • Views:

More Releases from Allied market research

[2024] Electrical Steel Market Growth, Size, Region, Type | Forecast Report, 2027
[2024] Electrical Steel Market Growth, Size, Region, Type | Forecast Report, 202 …
The global electrical steel industry generated $15.0 billion in 2019, and is projected to generate $21.0 billion by 2027, portraying a CAGR of 5.8% from 2020 to 2027. Surge in demand for energy generation & transmission applications and increase in renewable energy deployment fuel the growth of the global electrical steel market. However, variations in prices of raw materials restrain the market growth. Contrarily, increase in electrical vehicle utilization creates new opportunities in the next few
[2024] Technical Ceramics Market Shows Outstanding Worldwide Growth and Excellent Momentum till 2026
[2024] Technical Ceramics Market Shows Outstanding Worldwide Growth and Excellen …
The global technical ceramics industry was estimated at $8.03 billion in 2018 and is anticipated to register $13.09 billion by 2026, registering a CAGR of 6.2% during the period 2019 to 2026. Rise in demand from several end-use industries and emergence of technical ceramics as a substitute to metal drive the growth of the global technical ceramics market. On the other hand, high energy costs for manufacturing technical ceramics impede the
[2024] E-Coat Market is Booming with Progressive Trends and Future Opportunities by 2032
[2024] E-Coat Market is Booming with Progressive Trends and Future Opportunities …
The global E-coat market was valued at $2.3 billion in 2022, and is projected to reach $3.7 billion by 2032, growing at a CAGR of 5.1% from 2023 to 2032. E-coating, alternatively referred to as Electrophoretic Painting, Electrocoating, Electropainting, and other names, is an advanced process that has undergone significant development and advancement over the past five decades. This process finds extensive application across various industries, as it delivers a
[CAGR of 19.0%] Fresh Study Reveals the Transparent Ceramics Market Value To Cross USD 2.0 Billion By 2030
[CAGR of 19.0%] Fresh Study Reveals the Transparent Ceramics Market Value To Cro …
The global transparent ceramics market was estimated at $0.4 billion in 2020 and is expected to hit $2.0 billion by 2030, registering a CAGR of 19.0% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends. Download Sample Report in PDF Format (MUST SEE) @ https://www.alliedmarketresearch.com/request-sample/1866 According to the report published by

All 5 Releases


More Releases for Robots

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
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
Global Medical Robots Market by Application (Orthopedic, Laparoscopy, Neurology) …
Medical Robot is a robot which enables the surgeons to perform surgeries with more precision. Medical robotics is emerging field. There are a wide variety of medical applications had emerged such as Surgical robots, laboratory robots, telesurgery, remote surgery, and teleconsultation robots, rehabilitation robots to help for the deaf and the blind. Medical robots assist in surgeries and make possible to decrease risk of infection. Medical robots are enables to
Smart Robots Market 2023 By Application - Collaborative Industrial Robots, Perso …
Smart Robots Market: Smart robots are the robotic systems which are capable to carry out operation without direct human intervention. They are currently being designed to perform autonomous tasks and work along with humans. The smart robots market for industrial applications consist of collaborative robots which are designed to work along with humans and they are adopted by various industrial sectors such as automotive, electronics among others. The collaborative robots
Global Top Robotics Market In Japan, 2017 - 2022: For Applications - Logistics R …
Researchmoz added Most up-to-date research on "Global Top Robotics Market In Japan, 2017 - 2022: For Applications - Logistics Robots, Domestic Robots, Medical Robots & Field Robots" to its huge collection of research reports. The global Top Robotics market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022. Japan plays