[Click eStock] "Everybot, Benefiting from Growth in Serving Robot Market"

Research Alume forecasted on the 6th that Everybot will benefit as the serving robot market expands. Along with a positive stock price outlook, it presented a target price of 17,000 KRW.

Everybot is a company that develops intelligent robots. It develops and sells robot vacuum cleaners and serving robots based on artificial intelligence (AI) autonomous driving technology.

Researcher Lee Seung-hwan of Research Alume explained, "Everybot is leading the domestic robot market by being the first to monetize autonomous driving robots," adding, "They are advancing serving robots based on autonomous driving moving platform (robot understructure) technology."

He added, "The number of serving robots introduced domestically is expected to surpass 10,000 units this year," and "As the burden of high labor costs combines with labor shortages, the number of self-employed people struggling with workforce management is increasing, leading to higher demand for serving robots."

The researcher analyzed, "According to Statistics Korea, the number of serving robots distributed domestically increased to 3,000 units in 2021 and 5,000 units in 2022," and "It is estimated to exceed 11,000 units this year."

Furthermore, he emphasized, "Domestic large corporations also have plans to enter the serving robot market," and "The increasing number of new market entrants indicates a clear growth trend in the market." He introduced, "KT, LG Electronics, and Samsung Electronics are focusing on robots as future growth engines," adding, "Samsung Electronics is making robots a new growth engine and has set an investment plan worth 240 trillion KRW over the next three years to expand its business."

Everybot launched three types of the serving robot 'Wiki' series last August. The researcher explained, "The core technologies are 'gesture recognition AI technology,' where the serving robot recognizes and moves when a hand is raised, and 'object recognition AI technology,' which can even recognize animal urine and feces."

This content was produced with the assistance of AI translation services.