Household Robots Market Scope
Household robots is an automatic service robot used for household chores vacuuming, lawn mowing, pool cleaning, and others. Household robots market has high growth prospects owing to technological advancements such as integration of artificial intelligence, machine learning, and other technologies. For instance, Neato launched 2 new robot cleaners, Botvac D6 connected and Botvac D4 Connected integrated with laser smart technology. Further, increasing demand from the developing economies expected to drive the demand for household robots over the forecasted period.
The market study is being classified by Type (Domestic and Entertainment and Leisure), by Application (Vacuuming, Lawn Mowing, Pool Cleaning, Companionship, Elderly Assistance and Handicap Systems, Robot Toys and Hobby Systems and Others) and major geographies with country level break-up. According to AMA, the Global Household Robots market is expected to see growth rate of 20.98%
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Household Robots market throughout the predicted period.
IRobot Holdings LLC (United States), Puresight Systems Pvt Ltd. (India), Alfred Kärcher (Germany), Robert Bosch GmbH (Germany), Dyson (United Kingdom), LG Corp. (South Korea), LEGO (Denmark), BSH Hausgeräte (Germany), Temi (United States), Monoprice (United States), Husqvarna (Sweden), Robomow (Israel), Maytronics (Israel), Hayward Industries (United States), Bissell (United States), WPillo (United States) and Anki (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Neato (United States), Ilife Innovations (China), Miele (Germany), Blue Frog Robotics (United States), Bobsweep (Canada) and Vorwerk Group (United Kingdom).
AdvanceMarketAnalytics has segmented the market of Global Household Robots market by Type, Application and Region.
On the basis of geography, the market of Household Robots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Offering, the sub-segment i.e. Products will boost the Household Robots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
October 2018, Google and iRobot Corp. collaborated to incorporate smart home and robotic technologies to enhance the next-generation smart homes technologies.
10th January 2019, Ecovacs launched new deebot robot vacuum integrated with artificial intelligence technology.
- Emphasizing On Developing Endurance Capability of the Household Robots
- Integration of Technologies Such As Artificial Intelligence and Machine Learning
- Rising Demand for Autonomous Robots
- Increasing Demand for Service Robots
- Increasing Demand of Robots for Domestic Application
- Rising Demand from the Developing Economies
- High Cost of Household Robots
- Data Protection and Legal Safety Regulations
- Lack of Awareness in the Low and Middle Income Group Countries
- Lack Of Availability of Household Robots Globally
Key Target AudienceHousehold Robots Manufacturers, Household Robots Distributors, Potential Investors, Technology Providers, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, Research Institutes, Business Consulting Firms and Others
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