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Global Shopping Assistance Robots Market 2018-2022

Global Shopping Assistance Robots Market 2018-2022

About Shopping Assistance Robots

Shopping assistance robots are autonomous robots used at retail outlets to assist customers and workers.

Technavio’s analysts forecast the Global Shopping Assistance Robots Market to grow at a CAGR of 43.4% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the shopping assistance robots market. To calculate the market size, the report considers the revenue generated from the sales of products such as interactive robots and robotic shopping cart.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Shopping Assistance Robots Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ECOVACS
  • Five Elements Robotics
  • LG Electronics
  • PAL Robotics
  • SoftBank Group
Market driver
  • Increased productivity and workflow
  • For a full, detailed list, view our report
Market challenge
  • Complexities in installing robots in existing architecture
  • For a full, detailed list, view our report
Market trend
  • Inclusion of artificial intelligence
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Shopping Assistance Robots Market 2018-2022

Technavio recognizes the following companies as the key players in the shopping assistance robots market: ECOVACS, Five Elements Robotics, LG Electronics, PAL Robotics, SoftBank Group

Commenting on the report, an analyst from Technavio’s team said: “Inclusion of artificial intelligence in robots will be the key trend for this market growth. Artificial intelligence (AI) is a set of technologies that stimulate human intelligences such as perception, knowledge, reasoning, and learning. This diminishes the difference between robots and humans by enabling robots to take decisions independently in real-time.”

According to the report, the increased productivity and workflow will influence the growth of this market. Robotic solutions are adopted to enhance productivity and improve the workflow, apart from offering customer services. This increases the available time for workforce to undertake management tasks with robots handling repetitive tasks to accelerate the workflow.

Further, the report states that the complexities in installing robots in existing architecture will challenge the growth of the market. Implementing robotic solutions in shopping stores is difficult as it impacts the workflow synchronization between billing counters, product tracking systems, and inventory and autonomous movement across the shop floor.

Companies Mentioned

ECOVACS
Five Elements Robotics
LG Electronics
PAL Robotics
SoftBank Group

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global personal service robots market segmentation
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global shopping assistance robots market– Market size and forecast 2017-2022 ($ mn)
      • Table Global shopping assistance robots market – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product – Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Interactive robots – Market size and forecast 2017-2022
      • Table Interactive robots – Market size and forecast 2017-2022 ($ mn)
      • Table Interactive robots – Year-over-year growth 2018-2022 (%)
    • Robotic shopping carts – Market size and forecast 2017-2022
      • Table Robotic shopping carts – Market size and forecast 2017-2022 ($ mn)
      • Table Robotic shopping carts – Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global shopping assistance robots market – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Americas – Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ mn)
      • Table APAC – Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Advantages of online retailing
  • Market trends
    • Advances in robots
    • Inclusion of artificial intelligence
    • Enhancement of in-store experience
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ECOVACS
      • Table ECOVACS overview
      • Table ECOVACS – Business segments
      • Table ECOVACS – Organizational developments
      • Table ECOVACS – Geographic focus
      • Table ECOVACS – Segment focus
      • Table ECOVACS – Key offerings
    • Five Elements Robotics
      • Table Five Elements Robotics overview
      • Table Five Elements Robotics – Business segments
      • Table Five Elements Robotics – Organizational developments
      • Table Five Elements Robotics – Geographic focus
      • Table Five Elements Robotics – Key offerings
    • LG Electronics
      • Table LG Electronics overview
      • Table LG Electronics – Business segments
      • Table LG Electronics – Organizational developments
      • Table LG Electronics – Geographic focus
      • Table LG Electronics – Segment focus
      • Table LG Electronics – Key offerings
    • PAL Robotics
      • Table PAL Robotics overview
      • Table PAL Robotics – Business segments
      • Table PAL Robotics – Organizational developments
      • Table PAL Robotics – Geographic focus
      • Table PAL Robotics – Key offerings
    • SoftBank Group
      • Table SoftBank Group overview
      • Table SoftBank Group - Business segments
      • Table SoftBank Group – Organizational developments
      • Table SoftBank Group – Geographic focus
      • Table SoftBank Group – Segment focus
      • Table SoftBank Group – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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