AI News, Global Laundry Folding Robots Market 2018-2022

Global Laundry Folding Robots Market 2018-2022

Technavio’s market research analysts have predicted that the laundry folding robots market will grow by USD 5,197.57 thousand by 2022.

This industry research report presents a comprehensive analysis of the laundry folding robots market by end-user (residential sector and commercial sector) and by geography (the Americas, APAC, and EMEA).

Technavio’s market research analysts have identified the growing acceptance of personal service robots as one of the primary factors that will trigger the growth of the laundry folding robots market in the coming years.

The products have developed the potential to adapt to the environment and provide insights with the incorporation advanced technologies like artificial intelligence (AI), IoT, and others.

Moreover, our analysts also provide strategies and areas that the vendors should follow to improve their market shares and sustain the competitive environment in the robotic laundry folding machine market.

During the forecast period, this segment will continue to grow steadily.The growth of this segment is expected to increase due to the increasing sales of laundry folding robots, especially dual-earning families and individuals.

The growth of this region can be attributed to the fact that the consumers in this region are rapidly adopting premium-priced robotic solutions that assist in household tasks.

The laundry-folding robots are coming

I once asked a 100-year-old woman to name the greatest innovation of her lifetime and without skipping a beat she said, "The electric washing machine."

If you've been preoccupied with thoughts of body-slamming politicians and Melania's travel wardrobe, you may have missed the more important news this week, which is that the laundry-folding robots are marching our way.

Liberation from laundry is presumed to be a universal human goal, and in the hierarchy of laundry's purported torments — washing, drying, folding — the last is presumed to be the worst, the one that until the robot revolution of 2017 has eluded technology.

But before our new robot buddies cause our folding skills to atrophy, just like calculators have ruined our ability to do arithmetic, I'd like to take a moment to praise the ancient art of laundry folding.

Laundry gives shape and purpose to her time, and it offers a beautiful reward at the end, a stack of clean clothes, sheets and towels, evidence that the world can be made fresh, that she can get things done.

know another woman who after her husband died found her greatest comfort down in the basement laundry room, washing and drying, ironing and folding.

The FoldiMate website brags that the robot, with a potential price of $700-850, will take a mere 2.5 minutes to fold an average laundry load of 25 items, a task that would take a super-fast human four minutes.

KKR Founders Pitch In to Fund Japanese Laundry Folding Robot

Two founders of Kohlberg Kravis Roberts (KKR) , Henry Kravis and George Roberts, were part of a group that invested $22.8 million in a laundry folding robot called the Laundroid, Nikkei Asian Review reported.

Seven Dreamers aims to automate the entire process of doing laundry in a future partnership with Panasonic (PCRFY) that will increase the Laundroid's capabilities to both wash and dry clothes before folding.

What's Hot on TheStreet Amazon car dealer talk won't go away: This news continues to spread around the globe, probably sparking fear in the minds of all used car sales people.

As TheStreet reported this week, Amazon (AMZN) has reportedly taken early steps to become an online car dealership in Europe, this according to a German trade weekly called Automobilwoche.

U.S. names that could be at risk should Amazon eventually sell cars in the states: CarMax (KMX) , AutoNation (AN) and struggling upstart dealer Carvana (CVNA) .

Take a Load Off. The Robots That Fold Laundry Are Coming.

in chemistry and biochemistry from the University of Delaware in 2000 and returned to his native Japan to work for his father’s company, Industrial Summit Technology, which is known for selling a component that improves the efficiency of laser printers.

He formed his own company, Seven Dreamers, which already has two inventions on the market: One, called Nastent, is a tube that slides up the nose to stop snoring (not yet for sale in the United States);

“My wife keeps asking me when.” While the modern laundry room is generally built to contain a separate washer and dryer, Whirlpool’s market research has found that many consumers will be interested in buying two washer/dryer hybrids and standing them side by side to increase capacity and to reduce time spent on the chore, Ms.

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