The global Consumer Robotics market size was valued at USD 24.11 billion in 2019 and is expected to reach USD 108.29 billion by the year 2025, at a CAGR of 24.85%.
The latest report on the Consumer Robotics Market comprises market size estimates, forecasts, market shares, competitor analysis, alongside the Consumer Robotics market trends with an emphasis on market programs and worksheet analysis. Technology path, segments, applications, regions and countries, while accessing the regional performance of numerous leading market participants. In this report, there are several approaches and procedures approved by the major market players that enable efficient business decisions to be made.
Consumer Robotics is household robots, and one of its most fundamental goals is to make people’s life easier. The purpose of this function is to carry out tasks such as surveillance, security, personal, education, or home duties such as vacuuming, floor mopping, window washing, and other similar tasks. They are programmable machines that can be self-contained or semi-autonomous. Domestic robots, vacuum robots, lawn mowing robots, pool cleaning robots, personal assistant robots, and toy and instructional robots are all examples of Consumer Robotics.
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The Major Players Covered in this Report:
Ecovas, Xiaomi, iLife, Dyson, Miele, Neato Robotics, Cecotec, Ubteach, CANBOTO, Yujin Robot, iRobot Corporation, Jibo Inc., 3D Robotics Inc., Honda Motor Co. Ltd., Bossa Nova Robotics,, DJI,, Pillo Health Inc.,, Sphero,, Blue Frog Robotics,, WowWee Group Limited,, Pai Technology,, Gaussian Robotics,, Mira Robotics Inc.,, Ecovacs Robotics.,, Samsung Electronics
The main trends that have supported the development of large-scale consumer robotics include advances in artificial intelligence and navigation systems, the ubiquity of the Internet, and the rise of wearable computing devices such as smartphones, tablets, and smart watches. Mobile hardware and software have the ability to control consumer robots and therefore a large number of computing tasks can be outsourced to these devices. Additionally, assistive intelligence in the form of cutting-edge mobile services also complements the development of consumer robots. These services incorporate similar problem-solving skills and can be used to automate various consumer activities such as vacuuming, cleaning dirty kitchen floors, entertaining, and more. The global consumer robotics market is undergoing sudden shifts towards office and consumer applications, in contrast to its industrial and logistical uses.
Market segmentation:
The consumer robotics market has been segregated around the world based on types, verticals, components, and regions. The Report helps design marketing, sales and production strategies. This supports to develop business opportunities. In addition, the Consumer Robotics Market report provides a better understanding of the market and develops new advertising campaigns so that products reach the target audience more precisely in a short period. Plus, starting investment, sales, and marketing campaigns at the right time and with the right opportunities can save time.
By type, the market Segment Analysis:
- Task robots
- Surveillance robots.
Based on components type, the Consumer Robotics market has been segmented into:
- software
- microcontrollers
- processors
- sensors
- displays
- power supplies
- manipulators
Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
- Asia-Pacific (China, India, Japan, Southeast Asia etc.)
- South America (Brazil, Argentina etc.)
- Middle East & Africa (Saudi Arabia, South Africa etc.
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- Helps understand key product segments and their future.
- It provides an accurate analysis of the changing dynamics of the competition and keeps you ahead of the competition.
- Helps make informed business decisions by having a complete view of the market and by conducting in-depth analysis of market segments.
- Provides distinctive charts and exemplified SWOT analysis of major market segments.
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COVID-19 Scenario Analysis:
In this scenario, consumers focus only on the necessary products (food, disinfectants and medicines). They avoid entertainment and lifestyle products, so the demand for consumer robotic products is hampered. It also has a negative impact on the supply side.
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