HWH International Inc. announces plans to expand its Robotics division into the U.S. by establishing a Dallas, Texas based showroom and starting its marketing efforts in the 1st quarter of 2025.
HWH InternationalHWH International(US:HWH) GlobeNewswire Inc.·2024-12-12 14:00

Core Viewpoint - HWH International Inc. is set to launch its marketing efforts in the U.S. in Q1 2025, focusing on the robotics sector through a strategic partnership with Sharing Service Global Corporation [1][3]. Company Overview - HWH International Inc. operates through its subsidiary Hapi iRobot Pte. Ltd., which has partnered with Sharing Service Global Corporation to create a dedicated showroom and establish a U.S.-based sales force [3][4]. - The company aims to market, sell, and lease service robots across various sectors, including reception, delivery, security, cleaning, and table service applications [3][4]. Robotics as a Service (RaaS) Model - The RaaS model provides subscription-based robotics solutions, allowing businesses to access advanced robots without significant upfront investments [4]. - This model is expected to facilitate rapid market penetration in the U.S. and Canada, leveraging SHRG's existing infrastructure [4]. Market Growth Potential - The Robotics as a Service (RaaS) market is projected to grow from USD 8.19 billion in 2023 to USD 63.24 billion by 2032, reflecting a compound annual growth rate (CAGR) of 25.5% during the forecast period [6]. Product Features - HWH's RaaS offerings include flexible, scalable robotic services tailored to specific industry needs, ongoing maintenance, and customization options [5].

HWH International Inc. announces plans to expand its Robotics division into the U.S. by establishing a Dallas, Texas based showroom and starting its marketing efforts in the 1st quarter of 2025. - Reportify