Consumer Robotics Market Outstanding Growth: Industry Top Players Analysis, Revenue, Application, COVID-19 Impact, Demand & Industry Forecast till 2027
Research Reports
Mar 22, 2022
Market Highlights
The global consumer robotics market is spanned across Americas, Europe, Asia Pacific, and Rest of world. North America dominates the consumer robotics market. With the technological advancement of in robotics, which is integrated with voice and speech recognition, gesture control and others are propelling market growth to the large extent. With the huge requirement of high speed internet connectivity, which is propelling market growth of the consumer robotics market to the large extent. With the advancement in technologies, such as artificial intelligence and machine learning which is integrated with consumer robotics are widely used among users.
The North American region is experiencing a higher demand due to advancements in navigation systems and artificial intelligence, which is driving the consumer robotics market growth. The prominent companies such iRobot Corporation (U.S), 3D Robotics (U.S.), Jibo, Inc. (U.S.), Intuitive Surgical Inc. (U.S), Hasbro, Inc. (U.S), are providing consumer robotics solutions in the market. These major players are investing in manufacturing of consumer robotics and providing solution across the world.
The global Consumer Robotics Market is expected to reach USD ~ 17 billion at a CAGR of over 19% by the end of the forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Consumer Robotics Market Research Report -Forecast to 2023”.
Top Market Contenders
The well-known market contenders in the global consumer robotics market are listed as Samsung Electronics Co., Ltd. (South Korea), iRobot Corporation (U.S), Hasbro, Inc. (U.S), LG Electronics Inc. (South Korea), Parrot SA (France), WowWee Group Limited (Hong Kong), Honda Motors Company Ltd. (Japan), Google Inc. (U.S), MAKO Surgical Corporation (Florida), Intuitive Surgical Inc. (U.S), Dà-Ji?ng Innovations Science and Technology Co., Ltd (China), Blue Frog Robotics (France), Neato Robotics (U.S), Jibo, Inc. (U.S.), 3D Robotics (U.S.), among others.
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Global Consumer Robotics Market Segmentation
The global consumer robotics market is segmented into types, components, verticals, and region. The type is segmented into task robots, surveillance robots, entertainment robots, security robots, educational robots and personal robots and others. The components is segmented into processors, communications technologies, software, microcontrollers, displays, cameras, actuators, power supplies, sensors, manipulators, mobile robots, mobile platforms, wheels, legs, hopping, ball, walking and others. The verticals segment is sub-segmented into consumer robotics segment, into educational, healthcare robotics and industrial robotics and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.
The prominent players in the global consumer robotics market iRobot Corporation (U.S), Samsung Electronics Co., Ltd. (South Korea), LG Electronics Inc. (South Korea), Hasbro, Inc. (U.S), WowWee Group Limited (Hong Kong), Parrot SA (France), Google Inc. (U.S), Honda Motors Company Ltd. (Japan), Intuitive Surgical Inc. (U.S), MAKO Surgical Corporation (Florida), Dà-Ji?ng Innovations Science and Technology Co., Ltd (China), 3D Robotics (U.S.), Jibo, Inc. (U.S.), Blue Frog Robotics (France), among others.
Market Research Analysis:
The global consumer robotics market is consists of the Americas, Europe, Asia Pacific, and Rest of world. North America is dominating the global consumer robotics market. The consumer robotics market is witnessing a high growth as these region as it widely used in various verticals such as automotive, educational, healthcare robotics and industrial. Europe is projected to hold the second largest share of the consumer robotics market during the forecast period. It is due to the huge demand of consumer robotics for assembling products, detecting and defusing bombs, surgical operations, product inspection, space missions, cleaning and household chores for various applications. Asia Pacific is expected to witness the highest CAGR in the coming years.
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Key Questions Addressed by the Report
- What was the historic market size (2019)?
- Which segmentation (technology/application/end market) is driving market growth?
- What will be the growth rate by 2027?
- Who are the key players in this market?
- What are the strategies adopted by key players?
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