Global Hospitality Robots Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	161 Pages	TechNavio	March, 2024	INF18641324

Best Price Guarantee
Price	from $2,500
Length	161 Pages
Publisher	TechNavio
Published Date	March, 2024
SKU	INF18641324

Global Hospitality Robots Market 2024-2028

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:

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.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Market Segmentation by Distribution Channel
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global hospitality robots market 2018 - 2022
  - Table Historic Market Size – Data Table on global hospitality robots market 2018 - 2022 ($ million)
- End-user Segment Analysis 2018 - 2022
  - Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
- Distribution Channel Segment Analysis 2018 - 2022
  - Table Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Hotels - Market size and forecast 2023-2028
  - Table Chart on Hotels - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Hotels - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Hotels - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Hotels - Year-over-year growth 2023-2028 (%)
- Restaurants and bars - Market size and forecast 2023- 2028
  - Table Chart on Restaurants and bars - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Restaurants and bars - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Restaurants and bars - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Restaurants and bars - Year-over-year growth 2023-2028 (%)
- Travel and tourism industry - Market size and forecast 2023-2028
  - Table Chart on Travel and tourism industry - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Travel and tourism industry - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Travel and tourism industry - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Travel and tourism industry - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Market Segmentation by Distribution Channel
- Market segments
  - Table Chart on Distribution Channel - Market share 2023-2028 (%)
  - Table Data Table on Distribution Channel - Market share 2023-2028 (%)
- Comparison by Distribution Channel
  - Table Chart on Comparison by Distribution Channel
  - Table Data Table on Comparison by Distribution Channel
- Online - Market size and forecast 2023-2028
  - Table Chart on Online - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Online - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Online - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Online - Year-over-year growth 2023-2028 (%)
- Offline - Market size and forecast 2023-2028
  - Table Chart on Offline - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Offline - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Offline - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Offline - Year-over-year growth 2023-2028 (%)
- Market opportunity by Distribution Channel
  - Table Market opportunity by Distribution Channel ($ million)
  - Table Data Table on Market opportunity by Distribution Channel ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- France - Market size and forecast 2023-2028
  - Table Chart on France - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on France - Market size and forecast 2023-2028 ($ million)
  - Table Chart on France - Year-over-year growth 2023-2028 (%)
  - Table Data Table on France - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Increasing penetration of AI in robots
  - Rising number of innovative start-ups in hospitality robots industry to upsurge market growth
  - Increased advantages of automated robot work over human work
- Market challenges
  - High initial cost of hospitality robots
  - Need for technical expertise to operate hospitality robots
  - Lower product penetration in low-income regions
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Integration of IoT with robots
  - Shortage of labor in hospitality sector
  - Rising need for operational efficiency improvement
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Awabot
  - Table Awabot - Overview
  - Table Awabot - Product / Service
  - Table Awabot - Key offerings
- Bear Robotics Inc.
  - Table Bear Robotics Inc. - Overview
  - Table Bear Robotics Inc. - Product / Service
  - Table Bear Robotics Inc. - Key offerings
- Connected Robotics Inc.
  - Table Connected Robotics Inc. - Overview
  - Table Connected Robotics Inc. - Product / Service
  - Table Connected Robotics Inc. - Key offerings
- Hyundai Motor Co.
  - Table Hyundai Motor Co. - Overview
  - Table Hyundai Motor Co. - Business segments
  - Table Hyundai Motor Co. - Key news
  - Table Hyundai Motor Co. - Key offerings
  - Table Hyundai Motor Co. - Segment focus
- Knightscope Inc.
  - Table Knightscope Inc. - Overview
  - Table Knightscope Inc. - Product / Service
  - Table Knightscope Inc. - Key news
  - Table Knightscope Inc. - Key offerings
- LG Electronics Inc.
  - Table LG Electronics Inc. - Overview
  - Table LG Electronics Inc. - Product / Service
  - Table LG Electronics Inc. - Key offerings
- Pudu Technology Inc.
  - Table Pudu Technology Inc. - Overview
  - Table Pudu Technology Inc. - Product / Service
  - Table Pudu Technology Inc. - Key offerings
- Quantum Robotics
  - Table Quantum Robotics - Overview
  - Table Quantum Robotics - Product / Service
  - Table Quantum Robotics - Key offerings
- Relay Robotics Inc.
  - Table Relay Robotics Inc. - Overview
  - Table Relay Robotics Inc. - Product / Service
  - Table Relay Robotics Inc. - Key offerings
- Richtech Robotics Inc.
  - Table Richtech Robotics Inc. - Overview
  - Table Richtech Robotics Inc. - Product / Service
  - Table Richtech Robotics Inc. - Key offerings
- Shanghai Qinglang Intelligent Technology Co. Ltd.
  - Table Shanghai Qinglang Intelligent Technology Co. Ltd. - Overview
  - Table Shanghai Qinglang Intelligent Technology Co. Ltd. - Product / Service
  - Table Shanghai Qinglang Intelligent Technology Co. Ltd. - Key offerings
- Singapore Technologies Engineering Ltd.
  - Table Singapore Technologies Engineering Ltd. - Overview
  - Table Singapore Technologies Engineering Ltd. - Business segments
  - Table Singapore Technologies Engineering Ltd. - Key offerings
  - Table Singapore Technologies Engineering Ltd. - Segment focus
- SoftBank Robotics Group Corp.
  - Table SoftBank Robotics Group Corp. - Overview
  - Table SoftBank Robotics Group Corp. - Product / Service
  - Table SoftBank Robotics Group Corp. - Key offerings
- Tailos
  - Table Tailos - Overview
  - Table Tailos - Product / Service
  - Table Tailos - Key offerings
- UBTECH ROBOTICS CORP LTD.
  - Table UBTECH ROBOTICS CORP LTD. - Overview
  - Table UBTECH ROBOTICS CORP LTD. - Product / Service
  - Table UBTECH ROBOTICS CORP LTD. - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations