MarketResearchReports.Biz presents this most up-to-date research on “Global Public Relation Robots Market 2016-2020”.
Albany, NY -- (SBWIRE) -- 06/17/2016 -- MarketResearchReports.biz has announced the inclusion of a new market research study to its huge database of research reports. The 56-page research study, titled "Global Public Relation Robots Market 2016-2020," offers a detailed analysis of the market, focusing on its product segmentation, major geographical segments, and competitive landscape. The study also covers the key growth drivers, barriers, and challenges in the global public relation robots market throughout the forecast period. According to the research study, the global public relation robots market is projected to register an impressive 26% CAGR between 2016 and 2020.
The global public relation robots market is anticipated to witness rapid growth in the next few years, owing to the growing number of hotels, which are expected to replace their human workers with public relation robots for improved efficiency. At present, a wide range of public relation robots are being used in the hospitality segment; however, vendors are introducing robots designed for sectors such as travel, logistics, and retail. This need has arisen owing to the declining mobile workforce. An emphasis on optimal productivity is one of the key factors fuelling the growth of the market.
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By end use, the global public relation robots market has been categorized into restaurants, hotels, and hospitals. As per the report, the hotels segment is anticipated to lead the market, accounting for a 59% share in the overall market by the end of 2020. Furthermore, the growing automation needs in room service and implementation of delivery robots to enhance operational efficiency are some of the other factors expected to propel the global public relation robots market in the coming years. In addition, numerous vendors in the global market are developing emotionally-enabled robots making use of high-end artificial intelligence to entertain the guests in the hotels.
By geography, the global public relation robots market has been classified into EMEA, APAC, and the Americas. In 2015, APAC led the market, accounting for a 62% share in the global market for public relation robots. The rapid growth of this region can be attributed to the increasing deployment of humanoids in retail chains, which is anticipated to drive the global market in the next few years. In addition, the expanding base of robotics vendors is projected to augment the growth of the global public relation robots market in the near future.
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The global public relation robots market is extremely competitive when it comes to development and software designs. The introduction of public relation robots in diverse industries is projected to benefit vendors in the next few years. The prominent players operating in the market include Hajime Research Institutes, Savioke, Anybot, Robosoft, and Rethink Robotics. Some of the other vendors mentioned in the research report are Avatarmind, Dyson, Alphabet, Toyota, Honda Robotics, Softbank, Boston Dynamics, Samsung, Aldebaran, and Kawada Robotics.
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