Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 153

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 153
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 AMR and robotics industry, and the expansion of our production capacity. These efforts aim to enable cost -efficientmanufacturing and competitive pricing as we develop our next -generationTranscar 5.0 and Camello +solutions. Additionally, we are actively increasing our global presence in the security and healthcare facilities management industries by expanding our sales and marketing team, strengthening our distribution network, and pursuing strategic alliances, acquisitions, investments, and partnership opportunities. Market Opportunities The global facility management market size was valued at USD 1,277.8 billion in 2023 and is projected to grow from USD 1,315.7 billion in 2024 to USD 2,284.8 billion by 2032, exhibiting a compound annual growth rate of 8.2% during the forecast period 2. We believe the world is entering a new era where AMRs, robotics and AI are becoming increasingly prevalent in the facilities management for residential communities, hospitals, hotels, office blocks, parks, airports, train stations, university campuses, shopping malls, and warehouses. Every such facility requires guarding, cleaning and delivery services. However, aging populations, inflation, structural labor changes and shortages, high labor turnover rate, rising labor costs, and post -COVIDhealth -conscioushuman behavior changes have created acute challenges for the facilities management industry, especially in the realm of security, sanitation, healthcare, and delivery, where the jobs and tasks involved may be dangerous, tedious, repetitive, or generally less desirable. These existing labor challenges were further intensified during the COVID -19pandemic following government containment measures such as lock -downs, social distancing, and mobility and travel restrictions. We believe that the shortage of a security, cleaning and delivery workforce will persist as new facilities and buildings continue to be built. Furthermore, we believe the COVID -19pandemic had a significant impact on the healthcare industry. Due to what we believed to be a shortage of healthcare workers, low productivity and a surge in patients, some hospitals were pushed to capacity, draining the healthcare resources. Hospitals were forced to make difficult decisions in order to prioritize care for critically ill patients while avoiding infecting healthcare workers. Thus we believe there was an immediate and critical need to improve the infrastructure and redeploy the workforce to cope with labor shortages in the healthcare industry that may occur again in the future. We believe these and similar challenges create demand for robotic and AMR substitutes, and we aspire to disrupt the facilities management industry with our AI -enabledAMRs and robotics solutions in the realms of security