Global Hospitality Robots Industry Report 2024-2028, Featuring Profiles of Awabot, Bear Robotics, Connected Robotics, Quantum Robotics, Relay Robotics, Richtech Robotics and sliQue Robotic...
Richtech Robotics Inc. (RR)
Company Research
Source: Yahoo! Finance
The global hospitality robots market is forecast to grow by USD 471.77 million during 2023-2028, accelerating at a CAGR of 14.19% is set to experience notable growth over the next five years. This expansion is primarily due to the increasing implementation of artificial intelligence (AI) in robotics, along with a surge in the number of innovative start-ups within the hospitality robotics sector. The continued discovery of advantages provided by automated robotics over traditional human labor is also a significant factor fueling market growth. Segment Analysis: Focus on End-user and Geographical Reach The comprehensive market analysis segments the hospitality robots market into several categories, including by end-user and distribution channel. The end-user segment is further divided into hotels, restaurants and bars, and the travel and tourism industry. This structure allows for a granular view of the market, giving stakeholders vital insights into specific areas of operation
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News
- Richtech Robotics Launches Elevator-Enabled Medbot: A Revolutionary Robot to Improve Healthcare Facility Efficiency [Yahoo! Finance]Yahoo! Finance
- Richtech Robotics Launches Elevator-Enabled Medbot: A Revolutionary Robot to Improve Healthcare Facility EfficiencyGlobeNewswire
- Richtech Robotics Announces Joint Venture with Zipphaus to Launch Robot-Operated Cafes [Yahoo! Finance]Yahoo! Finance
- Richtech Robotics Announces Joint Venture with Zipphaus to Launch Robot-Operated CafesGlobeNewswire
- Richtech Robotics Poised To Capitalize On Labor Shortages In Hospitality Industry [Seeking Alpha]Seeking Alpha
RR
Sec Filings
- 5/15/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/15/24 - Form EFFECT
- RR's page on the SEC website