Hospitality Robots Market - Global Industry Analysis

Hospitality Robots Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-6655 Status : Upcoming

Description

Global Hospitality Robots Market: Overview

The robot is a system developed to execute a particular set of accurate, efficient, and unparalleled tasks. For instance, in the field of hospitality, the main aim of the robot is to speed up and enhance the overall guest experience. However, it can be achieved in several ways like welcoming guests, greeting them, guiding them to the right floor & their rooms, and offering snacks during late-night orders. Robots can help a lot by automating several tasks without affecting availability. The whole hospitality sector is widely implementing robotic automation to offer exotic customer experiences. Hotel robots are becoming very much popular these days.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Hospitality Robots Market Growth Factors

Robots are being adopted in end-user industries but they have never received such appreciation and value as they are being given in the hospitality sector. One of the Japan-based hotels is the world's first hotel where the entire staff is robotized. Throughout the whole hotel, the robots are employed to offer different services including storage services, desk services, providing information, checking in & out services, and several others. Several resorts and hotels depend heavily on offering excellent customer services to establish their reputation. However, they are also adopting artificial intelligence technology along with robotics to assist in a number of tasks ranging from tailoring recommendations and improving personalization to guaranteeing fast response times. Technology is massively revolutionizing the hospitality sector by leveraging the power of artificial intelligence and robotics. Hotels are utilizing robotics to enhance overall productivity. Hotels are implementing high-end solutions to keep the staying rooms clean. From virus-killing robots to automated vacuums, hoteliers are adopting robotics technologies to bridge the gap between humans and robots. The utilization of mobile technology to order food and beverages allow hotels to comply with customers' need for convenience and comfortability. However, to meet such surging demands from customers, hoteliers are adopting robotic systems, thereby it is likely to accentuate the growth of the global hospitality robots market significantly during the forecast period. The outbreak of the Covid-19 pandemic has significantly impacted the hospitality sector. On one hand, there has been a significant downtrend in the sector while on other hand, it is facing speedy recovery by adopting several strategies including robotics technology. To minimize interpersonal communication and contain the spread of viruses, hotels are widely adopting robots for automating their work and reducing the human staff in the hotel. Such a landscape is likely to create several lucrative course opportunities in the global market in the forthcoming years. The ongoing technological advancements in the field of robots are likely to further promulgate market growth. Service providers are manufacturing advanced robots for the hospitality sector with enhanced capabilities like voice and face recognition to personalize the conversation whenever the same guest visits the next time. However, a security check is an emerging issue in the hospitality sector, thereby several efforts are being made to develop advanced security robots that can be deployed in the security department in the hotels. However, all the aforementioned factors are likely to bolster the growth of the global hospitality robots market exponentially over the forecast period.

Global Hospitality Robots Market: Segmentation

The global hospitality robots market can be segmented into the sales channel, end-user, type, and region.

By sales channel, the market can be segmented into offline and online sales channels. The online sales channel segment accounts for the largest share in the global hospitality robots market. However, it is also expected to grow exponentially in the forthcoming years.

By end-user, the market can be segmented into the travel & tourism sector, restaurants & bars, hotels, and others. The hotel segment holds the largest share in the global hospitality robots market owing to the growing requirement for automating several tasks.

By type, the market can be segmented into cleaning robots, delivery robots, front desk robots, and others. The front desk robots segment holds hegemony over others.

Global Hospitality Robots Market: Regional analysis

North America accounts for the largest share in the global hospitality robots market due to the fast proliferating hospitality sector in the region. Also, the ongoing technological advancements in the field of robotics technology will also accentuate the growth of the regional market. Furthermore, manufacturers are increasing funding to boost the research and development activities in the region.

Asia Pacific is expected to be the fastest-growing region in the global hospitality robots market due to the growing tourism sector in the region. Also, the growing government initiatives to propel the tourism sector and also the technical advancements in the region will significantly escalate the growth of the regional market.

Global Hospitality Robots Market: Competitive Players

Some of the significant players in the global hospitality robots market are Ubtech Robotics, Inc., Softbank Robotics, Maidbot, Aethon Inc., Knightscope, Inc, Hyundai Robotics Co., Ltd, Travelmate Robotics, BotsAndUs, Connected Robotics, and Savioke.

Global Hospitality Robots Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The ongoing technological advancements in the field of robots are likely to further promulgate market growth. Service providers are manufacturing advanced robots for the hospitality sector with enhanced capabilities like voice and face recognition to personalize the conversation whenever the same guest visits the next time.

 

Some of the significant players in the global hospitality robots market are Ubtech Robotics, Inc., Softbank Robotics, Maidbot, Aethon Inc., Knightscope, Inc, Hyundai Robotics Co., Ltd, Travelmate Robotics, BotsAndUs, Connected Robotics, and Savioke.

 

North America accounts for the largest share in the global hospitality robots market due to the fast proliferating hospitality sector in the region. Also, the ongoing technological advancements in the field of robotics technology will also accentuate the growth of the regional market.

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