Reception Robots Market Scope
Reception Robots are artificially developed programmable machines which are able to meet and greet visitors or clients. Further, it can inform visitors about the company latest news or products, it can display video, receive a payment and many others. Due to the robust increase in adoption of automation in all the industries the global reception robust will grow with significant CAGR in forecasted years.
The market study is being classified by Type (Free Mobile Type and Stationary Type), by Application (Mall, Expo, Luxury Hotel, Factory and Other) and major geographies with country level break-up.
Research Analyst at AMA predicts that European Players will contribute to the maximum growth of Global Reception Robots market throughout the predicted period.
Engineered Arts Ltd. (United Kingdom), BlueBotics (Switzerland), We Robots GmbH (Austria), MetraLabs GmbH (Germany), Future Robot Co Ltd (Korea), PAL Robotics (Spain) and Wyca SAS (France) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Reception Robots market by Type, Application and Region.
On the basis of geography, the market of Reception Robots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2018. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. Machine Learning will boost the Reception Robots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Marketing Channel will boost the Reception Robots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
BlueBotics has announced that Forestay Capital Ltd., the Bertarelli closed-end tech fund, has acquired capital in the company to help fostering even more the already strong international growth of BlueBotics.
The United States and China stand apart when it comes to industrial automation and their respective regulations. In November 2015, the National Institute for Occupational Safety and Health (NIOSH) has released a blog worker safety while working with robots. NIOSH is the only government agency in the United States which is developing regulations for safer interactions between robots and humans.
- Adoption of Industrial Internet of Things (IIoT) Technology
- Growing Demand and Popularity of Collaborative Robots
- Upsurging Technological Advancements in Robotics Industry
- Increasing Awareness towards Artificially Intelligent Robots
- Increasing Disposable Incomes
- Adoption of Artificial Intelligence and Big Data in Robotics Industry
- Higher Initial Investments
- Lack of Awareness about Automated Robots in Underdeveloped Regions
- Lack of Functionalities may minimize ROI
Key Target AudienceReception Robot Manufacturers, Reception Robot Distributors and Traders, Upstream and Downstream Buyers, Other Corporate Agencies, Government Agencies and Others
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