PUBLISHER: TechNavio | PRODUCT CODE: 1132196
PUBLISHER: TechNavio | PRODUCT CODE: 1132196
Technavio has been monitoring the laundry folding robots market and it is poised to grow by $12.90 bn during 2022-2026, accelerating at a CAGR of 37.35% during the forecast period. Our report on the laundry folding 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing acceptance of personal service robots, social factors driving the adoption of laundry folding robots, and rising middle class and increasing disposable income in countries.
The laundry folding robots market analysis includes the end-user segment and geographic landscape.
Technavio's laundry folding robots market is segmented as below:
By End-user
By Geographical Landscape
This study identifies the increased funding through partnerships and crowdfunding platforms as one of the prime reasons driving the laundry folding robots market growth during the next few years. Also, the inclusion of artificial intelligence (AI) and internet of things (IoT) integration in robots will lead to sizable demand in the market.
Technavio's 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 laundry folding robots market vendors that include Consolidated Laundry LLC, Herbert Kannegiesser GmbH, Panasonic Holdings Corp., Sara Equipments, Shanghai Jinyi Washing Equipment Manufacturing Co. Ltd., Sunrise Garment Machinery Pvt. Ltd., Welco Garments Machinery Pvt. Ltd., and Ramsons Garment Finishing Equipment Pvt. Ltd. Also, the laundry folding 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 future 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.
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