The Robot Kitchen Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Robot Kitchen Global Market Report 2024, The robot kitchen market size is expected to see rapid growth in the next few years. It will grow to $5.94 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to advancements in artificial intelligence, integration with smart homes, rise of cloud-connected kitchens, enhanced human-machine interfaces, sustainability and eco-friendly features. Major trends in the forecast period include technological advancements, increased connectivity, blockchain technology for food safety, integration of artificial intelligence (AI), increased connectivity.
The increasing adoption of smart homes is expected to propel the growth of the robot kitchen market going forward. A smart home is a home setup where internet-enabled appliances and devices can be automatically controlled remotely using a networked device. Smart homes provide robot kitchens with an intelligent environment for automated cooking and activity monitoring. For instance, in June 2023, according to a survey of 1,000 adults conducted by Samsung Electronics Co. Ltd., a South Korea-based subsidiary of Samsung Electronics, 86% of homebuyers in the UK would consider a smart home when selecting their next property, and they would pay $22,860 (£18,000) more for it. Further, almost 40% of Gen Z buyers want their next property to be a smart home. Therefore, the increasing adoption of smart homes is driving the growth of the robot kitchen market.
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The robot kitchen market covered in this report is segmented –
1) By Type: Hardware, Software
2) By Robot Type: 6-Axis, Cartesian, Delta, Selective Compliance Assembly Robot Arm (SCARA), Other Robot Types
3) By Application: House, Commercial, Other Applications
Major companies operating in the robot kitchen market are increasingly focusing on developing robot-run, AI-powered restaurants to gain a competitive edge in the market. A robot-run restaurant is an establishment where robots and automation technologies are used to perform various tasks in restaurant kitchens related to food preparation, cooking, serving, and even cleaning. For instance, in November 2023, Remy Robotics, a Spain-based food service artificial intelligence (AI) company, launched its new automated cooking robots with the concept of a robot restaurant called Better Days in New York City. The restaurant utilizes Remy Robotics’ robotics platform to power its operations, offering a health-focused menu and limited physical dining space. The restaurant operates as a human-free storefront, with off-site human preparation and robot-coordinated on-site food assembly. The restaurant uses machines that use artificial intelligence to cook a diverse menu and offer high-quality, healthy food consistently and at an affordable price. The robotic kitchen operates without traditional ventilation systems or human supervision, reflecting the industry’s push toward labor-saving technology.
The robot kitchen market report table of contents includes:
- Executive Summary
- Robot Kitchen Market Characteristics
- Robot Kitchen Market Trends And Strategies
- Robot Kitchen Market – Macro Economic Scenario
- Global Robot Kitchen Market Size and Growth
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- Global Robot Kitchen Market Competitive Benchmarking
- Global Robot Kitchen Market Competitive Dashboard
- Key Mergers And Acquisitions In Robot Kitchen Market
- Robot Kitchen Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Samsung Electronics Co. Ltd.
- Sony Group Corporation
- LG Corporation
- Panasonic Holdings Corporation
- ABB Group
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