Global Public Relation Robots Market 2016-2020

Overview of the global public relation robots market

Technavio’s market research analyst predicts the global public relation robots market to grow at a high CAGR of more than 26% by 2020.  One of the primary drivers for this market is the rising need to improve productivity and efficiency in the hospitality sector. Public relation robots are adaptable and competent in several applications, such as delivery of goods, monitoring, supervision, and guiding to the guest. They are more productive than humans as they do not include features like absentia, overtime, sickness, fatigue. Also, the working hours of a robot can be stretched beyond conventional hours to meet deadlines.

An interesting trend gaining traction in this market is advanced applications of artificial intelligence (AI). The growing implementation of humanoids has compelled the robotics companies to integrate advanced AI in robots to make them more familiar while interacting with humans. For instance, Pepper is one of the most human-like robots in the world which can interact with humans and read emotions. AI helps robots to understand the language, read faces, understand emotions, and even imitate human emotions. To fulfil the tasks of assisted living, several companies are using AI technology to develop such humanoids.

Segmentation by end-user and analysis of the public relation robots market

• Hotels
• Hospitals
• Restaurants

The hotels will be the largest end-users of public relation robots by 2020 and are expected to occupy more than 59% of the total market share. The implementation of delivery robots in increasing the operational efficiency and the rising automation requirements in room services have necessitated the use of public relation robots in hotels. The growing need for robots to perform small tasks will augment their usage in hotels. Also, several vendors in the market are developing emotionally enabled robots using high-end AI to entertain the guests in hotels.

Geographical segmentation and analysis of the public relation robots market

• Americas
• APAC
• EMEA

During 2015, the APAC dominated the public relation robots market and occupied around 62% of the total market share. A large base of robotics vendors in Japan and the growing need to build an efficient hospitality operation has led various industries to automate their process through the adoption of public relation robots. The rising deployment of robot assistants in retail chains will boost the growth of the market in this region.

Competitive landscape and key vendors

The market is highly competitive in terms of software design and development even though most of the vendors use similar kind of hardware. This market expected to witness high growth in the coming years as a vast number of hotels are planning to replace their human workforce with efficient public relation robots. With a broad range of public relation robots present in the hospitality sector, several vendors are planning to incorporate theses robots in the logistics, travel, and retail sector because of the declining mobile workforce.

Key vendors in the market are -

• Savioke
• Anybot
• Rethink Robotics
• Robosoft
• Hajime Research Institutes

Other prominent vendors in the public relation robots market include Alphabet, Honda Robotics, Toyota, Boston Dynamics, Softbank, Ams, Aldebaran, Avatarmind, Dyson, Kawada Robotics, Samsung, WowWee Holdings, and Mekka Robotics.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global public relation robots market?
• What are the key market trends impacting the growth of the global public relation robots market?
• What are the challenges to market growth?
• Who are the key vendors in the global public relation robots market?
• What are the market opportunities and threats faced by the vendors in the global public relation robots market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global public relation robots market?

Technavio also offers customization on reports based on specific client requirement.

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