HWH International Inc. and Sharing Services Global Corporation see opportunity in Robotics
HWH International Inc. (Nasdaq: HWH) and Sharing Services Global (SHRG) are advancing their robotics collaboration. SHRG has joined the Association for Advancing Automation (A3), North America's largest automation trade association, ahead of their Q1 2025 robotics distribution launch in the US. Recent A3 data shows robot sales in North America increased 8.8% in Q3 2024, with 7,329 robots valued at $475 million sold. Non-automotive industries led demand with 56% of orders.
HWH is implementing a Robot-as-a-Service (RaaS) model featuring scalable services, comprehensive support, and industry-specific customization. The model aims to provide businesses access to advanced robotics without significant upfront investment, addressing growing automation demands and service efficiency needs.
HWH International Inc. (Nasdaq: HWH) e Sharing Services Global (SHRG) stanno avanzando nella loro collaborazione nel settore della robotica. SHRG è entrata a far parte dell'Associazione per l'Avanzamento dell'Automazione (A3), la più grande associazione commerciale per l'automazione in Nord America, in vista del lancio della distribuzione di robotica negli Stati Uniti nel primo trimestre del 2025. I dati recenti di A3 mostrano che le vendite di robot in Nord America sono aumentate dell'8,8% nel terzo trimestre del 2024, con 7.329 robot venduti per un valore di 475 milioni di dollari. Le industrie non automobilistiche hanno guidato la domanda, rappresentando il 56% degli ordini.
HWH sta implementando un modello Robot-as-a-Service (RaaS) che offre servizi scalabili, supporto completo e personalizzazione specifica per il settore. Questo modello mira a fornire alle aziende accesso alla robotica avanzata senza un significativo investimento iniziale, affrontando le crescenti esigenze di automazione e di efficienza dei servizi.
HWH International Inc. (Nasdaq: HWH) y Sharing Services Global (SHRG) están avanzando en su colaboración en robótica. SHRG se ha unido a la Asociación para el Avance de la Automatización (A3), la mayor asociación comercial de automatización en América del Norte, antes del lanzamiento de su distribución robótica en Estados Unidos en el primer trimestre de 2025. Los datos recientes de A3 muestran que las ventas de robots en América del Norte aumentaron un 8.8% en el tercer trimestre de 2024, con 7,329 robots vendidos por un valor de 475 millones de dólares. Las industrias no automotrices lideraron la demanda, representando el 56% de los pedidos.
HWH está implementando un modelo Robot-as-a-Service (RaaS) que presenta servicios escalables, soporte integral y personalización específica para la industria. Este modelo tiene como objetivo proporcionar a las empresas acceso a robótica avanzada sin una inversión inicial significativa, abordando las crecientes demandas de automatización y la necesidad de eficiencia en los servicios.
HWH International Inc. (Nasdaq: HWH)와 Sharing Services Global (SHRG)이 로봇 협력을 발전시키고 있습니다. SHRG는 북미 최대 자동화 무역 협회인 자동화 진흥 협회(A3)에 가입했으며, 2025년 1분기에 미국에서 로봇 배급 출시를 앞두고 있습니다. A3의 최근 데이터에 따르면, 북미의 로봇 판매가 2024년 3분기에 8.8% 증가했습니다, 총 7,329대의 로봇이 4억 7,500만 달러에 판매되었습니다. 비자동차 산업이 수요의 56%를 차지했습니다.
HWH는 서비스로서의 로봇(RaaS) 모델을 구현하고 있으며, 이는 확장 가능한 서비스, 종합 지원 및 산업별 맞춤화 기능을 특징으로 합니다. 이 모델은 기업이 큰 초기 투자 없이 고급 로봇 기술에 접근할 수 있도록 하여, 점점 커져가는 자동화 요구와 서비스 효율성 필요를 해결하는 것을 목표로 하고 있습니다.
HWH International Inc. (Nasdaq: HWH) et Sharing Services Global (SHRG) avancent dans leur collaboration en robotique. SHRG a rejoint l'Association pour l'Avancement de l'Automatisation (A3), la plus grande association commerciale d'automatisation en Amérique du Nord, avant leur lancement de distribution de robots aux États-Unis au premier trimestre 2025. Les données récentes de l'A3 montrent que les ventes de robots en Amérique du Nord ont augmenté de 8,8 % au troisième trimestre 2024, avec 7 329 robots d'une valeur de 475 millions de dollars vendus. Les industries non automobiles ont conduit la demande avec 56 % des commandes.
HWH met en œuvre un modèle de Robot-as-a-Service (RaaS) qui propose des services évolutifs, un support complet et une personnalisation spécifique à l'industrie. Ce modèle vise à donner aux entreprises un accès à la robotique avancée sans investissement initial significatif, en répondant aux demandes croissantes en matière d'automatisation et aux besoins d'efficacité des services.
HWH International Inc. (Nasdaq: HWH) und Sharing Services Global (SHRG) intensivieren ihre Zusammenarbeit im Bereich Robotik. SHRG ist der Association for Advancing Automation (A3) beigetreten, dem größten Handelsverband für Automatisierung in Nordamerika, im Vorfeld ihres Robotervertriebsstarts in den USA im ersten Quartal 2025. Aktuelle A3-Daten zeigen, dass der Absatz von Robotern in Nordamerika im dritten Quartal 2024 um 8,8 % gestiegen ist, mit 7.329 verkauften Robotern im Wert von 475 Millionen Dollar. Die Nachfrage wurde von nicht-automobilen Industrien mit 56 % der Bestellungen angeführt.
HWH implementiert ein Robot-as-a-Service (RaaS) Modell, das skalierbare Dienstleistungen, umfassenden Support und branchenspezifische Anpassungen bietet. Ziel dieses Modells ist es, Unternehmen den Zugang zu fortschrittlicher Robotik ohne erhebliche Vorausinvestitionen zu ermöglichen, um den wachsenden Anforderungen an Automatisierung und der Notwendigkeit eines effizienten Services gerecht zu werden.
- Robot sales in North America grew 8.8% in Q3 2024, indicating strong market demand
- Partnership with SHRG provides immediate access to US market distribution in Q1 2025
- RaaS model reduces customer entry barriers by eliminating large upfront investments
- Non-automotive sector represents 56% of orders, showing market diversification
- Automotive OEM orders declined 15% in Q3 2024
Insights
The partnership between HWH International and SHRG to enter the robotics market through A3 membership represents a strategic positioning, but several critical factors warrant careful consideration. The North American robot market's
The Robot-as-a-Service (RaaS) model could provide a competitive edge by lowering entry barriers for customers, but success will heavily depend on execution capability and capital availability. The divergence between automotive component orders (
The RaaS business model presents both opportunities and significant challenges. While it reduces initial customer investment barriers, it requires substantial capital from HWH to maintain and deploy robot fleets. The partnership with SHRG and A3 membership provides valuable industry connections, but the technical infrastructure and support requirements for a successful RaaS operation are intensive. The reported market growth in non-automotive sectors (
BETHESDA, MD, Dec. 20, 2024 (GLOBE NEWSWIRE) -- HWH International Inc. (“HWH”) (Nasdaq: HWH) and its partner Sharing Services Global Corporation (“SHRG”) (OTC: SHRG) are taking further steps in their collaboration in the robotics field. Among these, HWH is proud to highlight its U.S. based partner SHRG’s membership in the Association for Advancing Automation (A3) and attendance at the A3 Business Forum in Orlando Florida in January 2025.
A3 is North America’s largest automation trade association representing more than 1300 organizations involved in robotics, artificial intelligence, machine vision & imaging, motion control & motors and related automation technologies. A3 advocacy principles represent key drivers for the support and expansion of the robotics and automation industries. While their focus is on the United States, these principles also benefit allied countries in other regions and welcome their broader adoption by government officials elsewhere. See a list of their members https://www.automate.org/companies which include major public companies listed on several exchange markets.
As HWH’s U.S. partner, SHRG commences its launch in the first quarter of 2025 to distribute robotics throughout the U.S. in several different sectors, membership in this organization is important for access to the top speakers, contacts and experts in the industry. HWH and SHRG share an optimism that the integration of robots into diverse areas of everyday life will offer growth opportunities to businesses that engage with the industry to find new collaborations.
In an update posted on November 22, 2024, A3 Market Intelligence announced that robot sales in North America were up
Non-automotive industries drove demand, accounting for
A3 Market Intelligence’s November 22, 2024 update went to note that labor shortages and the growing demand for efficiency are driving businesses to embrace automation as a critical strategy for staying competitive on the global stage, and to express optimism about the opportunities 2025 will bring for the industry.
HWH’s Robot-as-a-Service (RaaS) Model
SHRG has the infrastructure in place to start immediately marketing the products starting in the 1st quarter of 2025,” said Mr. Heng Fai Chan, Chairman of HWH International Inc. “With the growing demand for automation and service efficiency, our RaaS model enables businesses to access state-of-the-art robots without the heavy upfront investment.”
HWH RaaS Key Features:
HWH’s RaaS offering includes a diverse range of service robots tailored to meet industry-specific needs industries:
- Flexibility: Scalable robotic services based on demand, ensuring cost-effectiveness.
- Comprehensive Support: Ongoing maintenance and software updates allow clients to focus on core operations.
- Customization: Robots can be tailored to address the unique requirements of different industries and businesses.
About HWH International Inc.
HWH International Inc. is a purpose-driven lifestyle company encompassing differentiated offerings from four core pillars: Hapi Marketplace, Hapi Cafe, Hapi Travel and Hapi Wealth Builder. HWH develops new pathways to help people in their pursuit of Health, Wealth and Happiness.
For more information, visit: https://www.hwhintl.com/
About Sharing Services Global Corporation
Sharing Services Global Corporation (OTC: SHRG), formerly Sharing Services Inc., is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct selling sector and other industries. The Sharing Services combined platform currently leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors and vendors.
Forward Looking Statements
This press release contains, and certain oral statements made by representatives of HWH and its affiliates, from time to time may contain, “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. HWH’s actual results may differ from expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding HWH’s continued growth and expansion and its ability to deliver value to customers and investors, along with those other risks described under the heading “Risk Factors” in the registration statement on Form S-1, filed by HWH with the Securities and Exchange Commission (the “SEC”) on December 3, 2024, and those that are included in any of HWH’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of HWH and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. HWH undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
No Offer or Solicitation
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.
For investor and media inquiries, please contact:
HWH International Inc.
4800 Montgomery Lane, Suite 210
Bethesda, MD 20814
301-971-3955
contact@hwhintl.com
FAQ
What is HWH's Robot-as-a-Service (RaaS) model and how does it work?
When will HWH and SHRG begin distributing robotics in the US market?
How did North American robot sales perform in Q3 2024 according to A3 data?
What is the distribution of robot orders between automotive and non-automotive sectors for HWH's market?
What are the key features of HWH's RaaS offering?
