ROBOT SUITCASE MARKET ANALYSIS

Market Challenges And Opportunities

However, robotic suitcase collects the data related to bags location, weight of the bag, battery capacity of the bag and others. Data related to the location of the bag is crucial to the consumer data privacy and data theft. This factor can hinder the growth of the robotic suitcase market over the forecast period.

Robot Suitcase Market: Regional Insights

On the basis of the region, robot suitcase market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Among regions, North America is expected to account for the largest market share over the forecast period, owing to presence of key players in the region such as’ Bluesmart, Travelmate Robotics, and Cowarobot.

Moreover, apart from North America, Asia Pacific region is expected to be the fasted growing region in the robotic suitcase market. Increasing adoption of robotics services in china is expected to have positive impact on the growth of the robotic suitcase market. For instance, in June 2019, a report published by Chinese Institute Of Electronics stated that robotic industry in China is expected to account for US$ 8.7 billion in 2019, which is around 30% of the global robotic market