About Laundry Folding Robots
The laundry folding robots are the robots who can identify the clothes and fold them. It uses different sensors to identify the clothes and fold them physically. It can fold a cloth in less than a minute. Thus laundry folding robot makes the difficult task easy which will be a time saver for the user. Laundry folding robot will have more demand from developed and developing countries due to the busy lifestyle of the people.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Laundry Folding Robots market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FoldiMate (United States), Seven Dreamers Laboratories (Japan), Shanghai Xunduo laundry Equipment Co,.Ltd. (China), Shanghai Flying Fish Machinery Manufacturing Co., Ltd. (China) and Taizhou Tongyang washing machinery manufacturing Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sailstar (China) and Jiangsu Jiezhong Machinery Manufacturing Co., Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Laundry Folding Robots market by Type (Fully-automatic and Half-automatic), Application (Residential sector and Commercial sector) and Region.
On the basis of geography, the market of Laundry Folding Robots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Chanel, the sub-segment i.e. Online will boost the Laundry Folding Robots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Inclusion of Artificial Intelligence and Innovative Features in the Laundry Folding Robot
Market Growth Drivers:
Increased Demand for Personal Service Robots and Increased Automation in Various Industries
Challenges:
Unable To Fold Extreme Size and Very Small Size Clothes
Restraints:
High Cost of Product and Lack of Awareness
Opportunities:
Requirement of Updates in the Machine and Few Key Players in the Market
In January 2018, Seven Dreamers Laboratory introduced the world’s first fully automated laundry folding robot, Laundroid. It uses artificial intelligence and visual analysis technology to recognize clothes.
Key Target Audience
Laundry Folding Robots Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Research Institutes and Organizations, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.