The report, titled “Cooking Robots Market” assess the regional and global market by type of robot and application, the end-user, and location. The report offers complete historical and forecasts market size along with trends analysis. The report provides an overview of market share, the capacity of production by the top players, and competition overview, as well as strategic imperatives, annual sales figures, opportunities for growth, and evaluation of competition for the main players that are analyzed in the market for cooking robots study.
Market Overview and Dynamics: Robotics-as-a-Service to grow rapidly during the forecast period
The market for cooking robots is anticipated to grow by more than 15% in the period 2022-2028. Technology advancements and the growing demand for service robots that are professional in the HoReCa sector will propel the market forward.
The appearance of robots in the marketplace is expected for any commercial purposes like cooking and technologically sophisticated business settings. The professional service robot is now essential to the cooking process in HoReCa, with the substantial incorporation of new technologies like visual recognition and prediction of failure. Additionally, technological advances in the food and beverages industry are also contributing to an increase in the use of cooking robots.
North America is the key region in the global cooking robots market, which is mainly driven by the increasing demand for robots powered by AI designed for commercial kitchens for kitchen assistance in food and beverage industries throughout Canada and the US. The presence of a significant number of players in the industry is contributing to the growth of regional industries. Additionally, Europe is also expected to become a prominent region due to the significant growth in the use of robots within HoReCa. The UK, Germany, and France are expected to be appealing European countries over the forecast period.
Segmental Analysis
Mergers & acquisitions, product innovations, launches, and partnerships are the identified strategies in the global cooking robot market. Some of the key developments of the market include,
RationalStat has segmented the global cooking robots market on the basis of robot type, application, end-user and region.
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