Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Hospitality Robots Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 26.4% during the review period (2022 to 2027).
Depending on end user, hotels segment has been holding main share in the hospitality robots market and is anticipated to sustain its share during the forecast period. Hotels are shifting to staff robots rather than people. Global hotel chains, such as Marriott and Hilton, are using robots to increase social distancing. Rosé robot has been gaining important popularity in the hospitality industry. It is known as the social distancing messenger robot and is a three-foot-tall robot that changed from novelty to necessity during the pandemic. Hotels also employ robots to help deal with more intense cleaning rituals required by the pandemic. Numerous functions are carried out by hospitality robots, such as housekeeping, cleaning, luggage carrying, and delivery of food & beverages, to the guest rooms. Thus, increasing number hotels and adoption of robotic automation is anticipated to increase hospitality robots market demand.
Industry Developments:
Relay Robotics Acquires Savioke, Raises $10M for Service Robot Expansion
May 2, 2022: Expect to see more service robots in hotels, hospitals, and commercial real estate properties soon. Savioke Inc. announced that it has raised $10 million in Series A funding and rebranded itself as Relay Robotics Inc.
The Hospitality Robots Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Awabot, Bear Robotics Inc., BotsAndUs Ltd., Connected Robotics Inc., HD Hyundai Co.Ltd., Knightscope Inc., LG Electronics Inc., Quantum Robotics, Relay Robotics Inc., Service Robots, Shanghai Qinglang Intelligent Technology Co.Ltd., SoftBank Robotics Group Corp., ST Engineering Aethon Inc., Starship Technologies Inc., Tailos and others.
Hospitality Robots Market is segmented based on the Types, applications, End users, companies and regions.
Global Hospitality Robots Market, by Types
Global Hospitality Robots Market, by end user
Global Hospitality Robots Market, by sales channel
North America has been holding the main share in the global hospitality robots market and is anticipated to sustain its share throughout hospitality robots market forecast period 2022-2027. The growing hotel industry and adoption of Hospitality Robots in North America are majorly surging the demand for Hospitality Robots during the forecast period. Various hotels are adopting robotic automation for quick customer services and to keep their hotel area clean all the time. For instance, Pechanga Resort & Casino in Temecula features California’s largest casino.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 26.4% during the review period (2022 to 2027). |
By Types
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By Application |
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By Companies | Awabot, Bear Robotics Inc., BotsAndUs Ltd., Connected Robotics Inc., HD Hyundai Co.Ltd., Knightscope Inc., LG Electronics Inc., Quantum Robotics, Relay Robotics Inc., Service Robots, Shanghai Qinglang Intelligent Technology Co.Ltd., SoftBank Robotics Group Corp., ST Engineering Aethon Inc., Starship Technologies Inc., Tailos |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 92 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Hospitality Robots Market is studied from 2017 - 2027.
What is the growth rate of Hospitality Robots Market?
The Hospitality Robots Market is growing at a CAGR of 26.4% over the next 5 years.
Who are the leading key players in Hospitality Robots Market?
Awabot, Bear Robotics Inc., BotsAndUs Ltd., Connected Robotics Inc., HD Hyundai Co.Ltd., Knightscope Inc., LG Electronics Inc., Quantum Robotics, Relay Robotics Inc., Service Robots, Shanghai Qinglang Intelligent Technology Co.Ltd., SoftBank Robotics Group Corp., ST Engineering Aethon Inc., Starship Technologies Inc., Tailos
What regions regions does this Hospitality Robots Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Hospitality Robots Market?
Front Desk Robots, Delivery Robots, Cleaning Robots, Others
What are the significant applications of Hospitality Robots Market?
Hotels, Restaurants and Bars, Travel and Tourism Industry
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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