Until recently, the robot market has been largely comprised of large, expensive industrial robots with fixed arms and manipulators used primarily for production and distribution of goods.

Major customers for those industrial or factory robots are carmakers, electronics producers and metal and machinery manufacturing companies.

However, the yearslong COVID-19 pandemic and rapid aging in South Korea, which intensified a labor shortage in the service sector, have been creating new demand for smaller and cheaper robots used in restaurants and coffee shops.

Kim Min-kyo, CEO of Bigwave Robotics Inc., said his online robot-as-a-service (RaaS) platform, Marosol, focuses on the changing industrial landscape.

 

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