AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Household Robots Market Study:
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)
In the last few years, Global market of Household Robots developed rapidly, with an average growth rate of 20.98% . Major factors driving the market are Rising Demand for Autonomous Robots
On the basis of product type, the Household Robots market is segmented by Domestic and Entertainment and Leisure.
On the basis of applications, the Household Robots market is segmented by Vacuuming, Lawn Mowing, Pool Cleaning, Companionship, Elderly Assistance and Handicap Systems, Robot Toys and Hobby Systems and Others.
Recent Industry Highlights:
10th January 2019, Ecovacs launched new deebot robot vacuum integrated with artificial intelligence technology..
Some of the other players that are also part of study are Neato (United States), Ilife Innovations (China), Miele (Germany), Blue Frog Robotics (United States), Bobsweep (Canada) and Vorwerk Group (United Kingdom). The Global Household Robots market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Household Robots market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Household Robots market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Household 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.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.