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PUBLISHER: TechNavio | PRODUCT CODE: 1453823
PUBLISHER: TechNavio | PRODUCT CODE: 1453823
Global Hospitality Robots Market 2024-2028
PUBLISHED:
PAGES: 161 Pages
DELIVERY TIME: 1-2 business days
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The hospitality robots market is forecasted to grow by USD 471.77 mn during 2023-2028, accelerating at a CAGR of 14.19% during the forecast period. The report on the hospitality robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing penetration of AI in robots, rising number of innovative start-ups in hospitality robots industry to upsurge market growth, and increased advantages of automated robot work over human work.
Technavio's hospitality robots market is segmented as below:
| Market Scope | |
|---|---|
| Base Year | 2024 |
| End Year | 2028 |
| Series Year | 2024-2028 |
| Growth Momentum | Accelerate |
| YOY 2024 | 13.56% |
| CAGR | 14.19% |
| Incremental Value | $471.77mn |
By End-user
- Hotels
- Restaurants and bars
- Travel and tourism industry
By Distribution Channel
- Online
- Offline
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the integration of IoT with robots as one of the prime reasons driving the hospitality robots market growth during the next few years. Also, shortage of labor in hospitality sector and rising need for operational efficiency improvement will lead to sizable demand in the market.
The report on the hospitality robots market covers the following areas:
- Hospitality robots market sizing
- Hospitality robots market forecast
- Hospitality robots market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hospitality robots market vendors that include Awabot, Bear Robotics Inc., Connected Robotics Inc., Hyundai Motor Co., KNEXT GmbH, Knightscope Inc., Pudu Technology Inc., Pypestream LLC, Quantum Robotics, Relay Robotics Inc., Richtech Robotics Inc., Shanghai Gaussian Automation Technology Development CO. LTD., Shanghai Qinglang Intelligent Technology Co. Ltd., Singapore Technologies Engineering Ltd., sliQue Robotics, SoftBank Robotics Group Corp., Tailos, UBTECH ROBOTICS CORP LTD., and LG Electronics Inc.. Also, the hospitality robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Product Code: IRTNTR73483
Table of Contents
1 Executive Summary
- 1.1 Market overview
2 Market Landscape
- 2.1 Market ecosystem
3 Market Sizing
- 3.1 Market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
- 4.1 Global hospitality robots market 2018 - 2022
- 4.2 End-user Segment Analysis 2018 - 2022
- 4.3 Distribution Channel Segment Analysis 2018 - 2022
- 4.4 Geography Segment Analysis 2018 - 2022
- 4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
- 5.1 Five forces summary
- 5.2 Bargaining power of buyers
- 5.3 Bargaining power of suppliers
- 5.4 Threat of new entrants
- 5.5 Threat of substitutes
- 5.6 Threat of rivalry
- 5.7 Market condition
6 Market Segmentation by End-user
- 6.1 Market segments
- 6.2 Comparison by End-user
- 6.3 Hotels - Market size and forecast 2023-2028
- 6.4 Restaurants and bars - Market size and forecast 2023-2028
- 6.5 Travel and tourism industry - Market size and forecast 2023-2028
- 6.6 Market opportunity by End-user
7 Market Segmentation by Distribution Channel
- 7.1 Market segments
- 7.2 Comparison by Distribution Channel
- 7.3 Online - Market size and forecast 2023-2028
- 7.4 Offline - Market size and forecast 2023-2028
- 7.5 Market opportunity by Distribution Channel
8 Customer Landscape
- 8.1 Customer landscape overview
9 Geographic Landscape
- 9.1 Geographic segmentation
- 9.2 Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- 9.4 Europe - Market size and forecast 2023-2028
- 9.5 APAC - Market size and forecast 2023-2028
- 9.6 South America - Market size and forecast 2023-2028
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- 9.8 US - Market size and forecast 2023-2028
- 9.9 Germany - Market size and forecast 2023-2028
- 9.10 UK - Market size and forecast 2023-2028
- 9.11 China - Market size and forecast 2023-2028
- 9.12 France - Market size and forecast 2023-2028
- 9.13 Market opportunity By Geographical Landscape
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- 11.3 Landscape disruption
- 11.4 Industry risks
12 Vendor Analysis
- 12.1 Vendors covered
- 12.2 Market positioning of vendors
- 12.3 Awabot
- 12.4 Bear Robotics Inc.
- 12.5 Connected Robotics Inc.
- 12.6 Hyundai Motor Co.
- 12.7 Knightscope Inc.
- 12.8 LG Electronics Inc.
- 12.9 Pudu Technology Inc.
- 12.10 Quantum Robotics
- 12.11 Relay Robotics Inc.
- 12.12 Richtech Robotics Inc.
- 12.13 Shanghai Qinglang Intelligent Technology Co. Ltd.
- 12.14 Singapore Technologies Engineering Ltd.
- 12.15 SoftBank Robotics Group Corp.
- 12.16 Tailos
- 12.17 UBTECH ROBOTICS CORP LTD.
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- 13.3 Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 List of abbreviations
Product Code: IRTNTR73483
Exhibits:
- Exhibits1: Executive Summary - Chart on Market Overview
- Exhibits2: Executive Summary - Data Table on Market Overview
- Exhibits3: Executive Summary - Chart on Global Market Characteristics
- Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
- Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
- Exhibits6: Executive Summary - Chart on Market Segmentation by Distribution Channel
- Exhibits7: Executive Summary - Chart on Incremental Growth
- Exhibits8: Executive Summary - Data Table on Incremental Growth
- Exhibits9: Executive Summary - Chart on Vendor Market Positioning
- Exhibits10: Parent market
- Exhibits11: Market Characteristics
- Exhibits12: Offerings of vendors included in the market definition
- Exhibits13: Market segments
- Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits18: Historic Market Size - Data Table on global hospitality robots market 2018 - 2022 ($ million)
- Exhibits19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- Exhibits20: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
- Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
- Exhibits23: Five forces analysis - Comparison between 2023 and 2028
- Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
- Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
- Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
- Exhibits29: Chart on Market condition - Five forces 2023 and 2028
- Exhibits30: Chart on End-user - Market share 2023-2028 (%)
- Exhibits31: Data Table on End-user - Market share 2023-2028 (%)
- Exhibits32: Chart on Comparison by End-user
- Exhibits33: Data Table on Comparison by End-user
- Exhibits34: Chart on Hotels - Market size and forecast 2023-2028 ($ million)
- Exhibits35: Data Table on Hotels - Market size and forecast 2023-2028 ($ million)
- Exhibits36: Chart on Hotels - Year-over-year growth 2023-2028 (%)
- Exhibits37: Data Table on Hotels - Year-over-year growth 2023-2028 (%)
- Exhibits38: Chart on Restaurants and bars - Market size and forecast 2023-2028 ($ million)
- Exhibits39: Data Table on Restaurants and bars - Market size and forecast 2023-2028 ($ million)
- Exhibits40: Chart on Restaurants and bars - Year-over-year growth 2023-2028 (%)
- Exhibits41: Data Table on Restaurants and bars - Year-over-year growth 2023-2028 (%)
- Exhibits42: Chart on Travel and tourism industry - Market size and forecast 2023-2028 ($ million)
- Exhibits43: Data Table on Travel and tourism industry - Market size and forecast 2023-2028 ($ million)
- Exhibits44: Chart on Travel and tourism industry - Year-over-year growth 2023-2028 (%)
- Exhibits45: Data Table on Travel and tourism industry - Year-over-year growth 2023-2028 (%)
- Exhibits46: Market opportunity by End-user ($ million)
- Exhibits47: Data Table on Market opportunity by End-user ($ million)
- Exhibits48: Chart on Distribution Channel - Market share 2023-2028 (%)
- Exhibits49: Data Table on Distribution Channel - Market share 2023-2028 (%)
- Exhibits50: Chart on Comparison by Distribution Channel
- Exhibits51: Data Table on Comparison by Distribution Channel
- Exhibits52: Chart on Online - Market size and forecast 2023-2028 ($ million)
- Exhibits53: Data Table on Online - Market size and forecast 2023-2028 ($ million)
- Exhibits54: Chart on Online - Year-over-year growth 2023-2028 (%)
- Exhibits55: Data Table on Online - Year-over-year growth 2023-2028 (%)
- Exhibits56: Chart on Offline - Market size and forecast 2023-2028 ($ million)
- Exhibits57: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
- Exhibits58: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibits59: Data Table on Offline - Year-over-year growth 2023-2028 (%)
- Exhibits60: Market opportunity by Distribution Channel ($ million)
- Exhibits61: Data Table on Market opportunity by Distribution Channel ($ million)
- Exhibits62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Exhibits63: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits65: Chart on Geographic comparison
- Exhibits66: Data Table on Geographic comparison
- Exhibits67: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibits68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibits69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibits70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- Exhibits71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibits72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibits73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibits76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibits77: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits79: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibits80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibits81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibits82: Data Table on South America - Year-over-year growth 2023-2028 (%)
- Exhibits83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibits84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibits85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits87: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibits88: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibits89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibits90: Data Table on US - Year-over-year growth 2023-2028 (%)
- Exhibits91: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibits92: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibits93: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits95: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibits96: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibits97: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibits98: Data Table on UK - Year-over-year growth 2023-2028 (%)
- Exhibits99: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibits100: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibits101: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibits102: Data Table on China - Year-over-year growth 2023-2028 (%)
- Exhibits103: Chart on France - Market size and forecast 2023-2028 ($ million)
- Exhibits104: Data Table on France - Market size and forecast 2023-2028 ($ million)
- Exhibits105: Chart on France - Year-over-year growth 2023-2028 (%)
- Exhibits106: Data Table on France - Year-over-year growth 2023-2028 (%)
- Exhibits107: Market opportunity By Geographical Landscape ($ million)
- Exhibits108: Data Tables on Market opportunity By Geographical Landscape ($ million)
- Exhibits109: Impact of drivers and challenges in 2023 and 2028
- Exhibits110: Overview on Criticality of inputs and Factors of differentiation
- Exhibits111: Overview on factors of disruption
- Exhibits112: Impact of key risks on business
- Exhibits113: Vendors covered
- Exhibits114: Matrix on vendor position and classification
- Exhibits115: Awabot - Overview
- Exhibits116: Awabot - Product / Service
- Exhibits117: Awabot - Key offerings
- Exhibits118: Bear Robotics Inc. - Overview
- Exhibits119: Bear Robotics Inc. - Product / Service
- Exhibits120: Bear Robotics Inc. - Key offerings
- Exhibits121: Connected Robotics Inc. - Overview
- Exhibits122: Connected Robotics Inc. - Product / Service
- Exhibits123: Connected Robotics Inc. - Key offerings
- Exhibits124: Hyundai Motor Co. - Overview
- Exhibits125: Hyundai Motor Co. - Business segments
- Exhibits126: Hyundai Motor Co. - Key news
- Exhibits127: Hyundai Motor Co. - Key offerings
- Exhibits128: Hyundai Motor Co. - Segment focus
- Exhibits129: Knightscope Inc. - Overview
- Exhibits130: Knightscope Inc. - Product / Service
- Exhibits131: Knightscope Inc. - Key news
- Exhibits132: Knightscope Inc. - Key offerings
- Exhibits133: LG Electronics Inc. - Overview
- Exhibits134: LG Electronics Inc. - Product / Service
- Exhibits135: LG Electronics Inc. - Key offerings
- Exhibits136: Pudu Technology Inc. - Overview
- Exhibits137: Pudu Technology Inc. - Product / Service
- Exhibits138: Pudu Technology Inc. - Key offerings
- Exhibits139: Quantum Robotics - Overview
- Exhibits140: Quantum Robotics - Product / Service
- Exhibits141: Quantum Robotics - Key offerings
- Exhibits142: Relay Robotics Inc. - Overview
- Exhibits143: Relay Robotics Inc. - Product / Service
- Exhibits144: Relay Robotics Inc. - Key offerings
- Exhibits145: Richtech Robotics Inc. - Overview
- Exhibits146: Richtech Robotics Inc. - Product / Service
- Exhibits147: Richtech Robotics Inc. - Key offerings
- Exhibits148: Shanghai Qinglang Intelligent Technology Co. Ltd. - Overview
- Exhibits149: Shanghai Qinglang Intelligent Technology Co. Ltd. - Product / Service
- Exhibits150: Shanghai Qinglang Intelligent Technology Co. Ltd. - Key offerings
- Exhibits151: Singapore Technologies Engineering Ltd. - Overview
- Exhibits152: Singapore Technologies Engineering Ltd. - Business segments
- Exhibits153: Singapore Technologies Engineering Ltd. - Key offerings
- Exhibits154: Singapore Technologies Engineering Ltd. - Segment focus
- Exhibits155: SoftBank Robotics Group Corp. - Overview
- Exhibits156: SoftBank Robotics Group Corp. - Product / Service
- Exhibits157: SoftBank Robotics Group Corp. - Key offerings
- Exhibits158: Tailos - Overview
- Exhibits159: Tailos - Product / Service
- Exhibits160: Tailos - Key offerings
- Exhibits161: UBTECH ROBOTICS CORP LTD. - Overview
- Exhibits162: UBTECH ROBOTICS CORP LTD. - Product / Service
- Exhibits163: UBTECH ROBOTICS CORP LTD. - Key offerings
- Exhibits164: Inclusions checklist
- Exhibits165: Exclusions checklist
- Exhibits166: Currency conversion rates for US$
- Exhibits167: Research methodology
- Exhibits168: Validation techniques employed for market sizing
- Exhibits169: Information sources
- Exhibits170: List of abbreviations
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