Press release
Kitchen Robotics And Automation Market Size Projected To Reach $4.32 Billion By 2034 With A Cagr Of 10.4%
Kitchen Robotics And Automation
What Is the Projected Growth of the Kitchen Robotics And Automation Market?
The kitchen robotics and automation market will expand from $2.63 billion in 2024 to $2.91 billion in 2025, at a CAGR of 10.7%. The rapid growth is driven by consumer demand, technological advancements, rising labor costs, changing consumer lifestyles, and strategic partnerships in the sector.
The kitchen robotics and automation market is expected to grow rapidly, reaching $4.32 billion by 2029 at a CAGR of 10.4%. Growth is driven by customization and personalization, environmental concerns, health and wellness trends, urbanization, and space constraints. Major trends include AI-powered cooking assistants, modular and upgradable systems, robotics in food delivery, AR integration, voice/gesture control, blockchain for food traceability, and collaborative robotics (cobots).
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What Are the Different Kitchen Robotics And Automation Market Segments?
The kitchen robotics and automation market covered in this report is segmented -
1) By Product Type: Collaborative, Cylindrical, Articulated, Other Product Types
2) By Automation Level: Semiautomatic, Fully Automatic
3) By End-User: Commercial, Residential
Subsegments:
1) By Collaborative Robots: Human-Robot Interaction-Based Robots Or Collaborative Cooking Robots Or Food Preparation And Service Assistants
2) By Cylindrical Robots: Cylindrical Arm Robots Or Food Handling And Packaging Robots
3) By Articulated Robots: Multi-Axis Articulated Robots Or Food Processing And Cooking Robots Or Robotic Arms For Cooking And Plating
4) By Other Product Types: Delta Robots (For High-Speed Food Picking And Sorting) Or Scara Robots (Used For Assembly Or Precise Food Processing Tasks) Or Cartesian Robots (Used For Precise Motions In Food Handling And Preparation)
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What Are the Primary Drivers Shaping the Kitchen Robotics And Automation Market?
Increasing kitchen remodeling activities are expected to propel the growth of the kitchen robotics and automation market going forward. Kitchen remodeling refers to the renovation and enhancement of kitchen spaces, often involving updates to kitchen appliances, cabinets, countertops, and other elements to improve functionality. Increasing kitchen remodeling activities are driven by homeowners seeking modern, functional spaces, and the rising popularity of home improvement shows inspiring renovations. Kitchen robotics and automation in kitchen remodeling enhance efficiency, reduce labor costs, and provide advanced functionality, making modern kitchens more user-friendly and innovative. For instance, in March 2023, according to Houzz, a US-based home remodeling and design platform company, in 2022, kitchen remodels remained the most popular home improvement projects, with 28% of homeowners upgrading these spaces, up from 27% in 2021. Additionally, about 36% of recent homebuyers undertook kitchen renovation projects. The median expense for both large and small kitchen renovations increased by $5,000, rising from $15,000 in 2021 to $20,000 in 2022. Therefore, increasing kitchen remodeling activities drive the kitchen robotics and automation market.
Which Companies Are Leading in the Kitchen Robotics And Automation Market?
Major companies operating in the kitchen robotics and automation market are ABB Ltd., Kawasaki Heavy Industries Ltd, Yaskawa Electric Corporation, KUKA Robotics Corporation, Stäubli International AG., Mitsubishi Electric Automation Inc., Yaskawa Motoman Robotics, Universal Robots A/S, Tovala Inc., Brava Home Inc., Picnic Works Inc, Teforia Inc., Applied Robotics Inc., Bartesian Inc., Instant Brands Inc., Karakuri Ltd., PicoBrew Inc., Drop Kitchen Inc., Chowbotics Ltd, Suvie Inc., Moley Robotics Ltd, Hestan Cue Inc.
What Trends Are Expected to Dominate the Kitchen Robotics And Automation Market in the Next 5 Years?
Leading businesses in the kitchen robotics and automation sector are concentrating on the creation of superior solutions, including robotic kitchen systems, to increase productivity, lower labor expenses, ensure steady food grade, and augment safety measures in the food service field. These robotic kitchen technologies automate a variety of cooking tasks, facilitate food preparation, guarantee uniform cooking quality, and boost kitchen productivity. For instance, in October 2023, KFoodtech Inc., a food tech entity based in South Korea, introduced BotBob, a sophisticated robotic kitchen solution designed to tackle prominent issues in the restaurant sector such as labor shortage, escalating operational expenses, and the need for consistent food grade. BotBob offers a holistic solution that includes food prep, serving, delivery, and payment processing, while it augments safety in the workspace by isolating dangerous cooking procedures. BotBob, with its ability to cook up to six portions of traditional Korean stew in just three minutes and thirty seconds, is aimed to increase efficiency, lessen waiting period, and create a safer, more agreeable atmosphere for restaurant personnel.
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What Are the Top Revenue-Generating Geographies in the Kitchen Robotics And Automation Market?
North America was the largest region in the kitchen robotics and automation market in 2024. The regions covered in the kitchen robotics and automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Kitchen Robotics And Automation Market?
2. What is the CAGR expected in the Kitchen Robotics And Automation Market?
3. What Are the Key Innovations Transforming the Kitchen Robotics And Automation Industry?
4. Which Region Is Leading the Kitchen Robotics And Automation Market?
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