Global Consumer Robotics Market Analysis & Outlook 2030

  • Product Code:
    RP-ID-10352028
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Category:
    Industrial Automation & Equipment
  • Publisher:
    Pub-ID-54

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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The size of the consumer robotics market in 2021 is estimated to be USD 6 billion, and it is expected to expand at a compound annual growth rate of 30% from 2022 to 2030. Consumer task robots imitate human behavior and perform tasks in the same way as humans. The application of robotics in consumer tasks can achieve benefits in terms of time, cost, and comfort. In addition, this technology provides consumers with benefits such as reduced workload and greater peace of mind, and is expected to drive the demand for the global consumer robot market during the expected period. The Global Consumer Robotics Market Report provides an overall assessment of the market. The report provides a comprehensive analysis of key market segments, trends, driving factors, constraints, competitive landscape, and factors that play an important role in the market.

The consumer robot market defines consumer robots as household robots. One of its most basic goals is to make people's lives easier. The purpose of this function is to perform tasks such as surveillance, security, personnel, education or household tasks (such as vacuuming, mopping the floor, washing windows) and other similar tasks. They are programmable machines and can be autonomous or semi-autonomous. Examples of Global Consumer Robotics are Global Consumer Robotics: processors, software, microcontrollers, sensors, actuators, household robots, vacuum robots, lawn mowing robots, swimming pool cleaning robots, personal assistant robots, toy and teaching robots, cameras, displays , Manipulators, power supplies, communication technology, mobile platforms, balls and legs are just some of the main components used in consumer robots.

Advances in artificial intelligence and navigation systems, as well as the accessibility of the Internet, and the rise of wearable computing devices such as smartphones, tablets, and smart watches, have promoted the development of large consumer robots. The software can control consumer robots and can delegate various computing tasks to these devices. In addition, auxiliary intelligence in the form of the most advanced mobile services has complemented the development of consumer robots. These services utilize similar problem-solving skills and can be used to automate various consumer tasks such as vacuuming, cleaning dirty kitchen floors, and entertainment.

Global consumer robot market overview:

The robot industry is booming, but consumer robots still have a long way to go. In the expected period, smart homes are expected to drive demand for consumer robots. Consumer robots are becoming more and more popular and can now act as personal assistants, family sitters and even pet sitters. The demand for goods that truly liberate peoples time is a global trend. Customers are more willing to spend their hard-earned money on time-saving products. Due to the continuous technological advancement of manufacturers around the world, the price of these robots has fallen sharply, which will further promote the demand for these robots. The superior quality of these robots, for example, in fulfilling specific tasks. , Is also an important driving factor to promote the growth of the consumer robot market. In addition, social interaction with robots reduces peoples negative emotions and behavioral symptoms, and improves good mood and quality of care.

Consumer demand for autonomous and semi-autonomous robotics, as well as the increasing popularity of portable computing devices and the global popularity of the Internet, are driving the growth of the global consumer robot market. The working environment enables them to complete tasks faster and more accurately. In this modern era, the implementation of artificial intelligence and machine learning in robots has created countless growth opportunities for the consumer robot market. Consumer robots allow humans to create and control machines that are faster, smarter, and more robust than humans.

The robot can be used to complete any boring, dirty or risky work. This is one of the most important factors for customers to accept the technology. The humanoid appearance of robots is not attractive to end users and is a difficulty that hinders the expansion of the robotics field. In addition, the amount of funding required for innovation in the industry is huge. One of the reasons hindering market growth is that the demand side is unwilling to replace manual labor with advanced robotic technology in traditional fields. Another important factor that prevents consumers from adopting robot elements in their daily lives is the high cost of robots. The consumer robot business is still in its infancy, and it is difficult to reduce the cost of manufacturing robot technology.

Consumer Robot Market-Segmentation Analysis:

The global consumer robot market is segmented according to application, connectivity, type, and geographic location.

The robot market, by application:

• Home robots • Social robots • Entertainment robots • Educational robots • Others According to applications, the market is divided into household robots, social robots, entertainment robots, educational robots, etc. The household robot segment has the largest market share because it can automate normal operations and increase efficiency, thereby reducing consumer stress and time. The market is divided into Wi-Fi, Bluetooth, etc. Due to the ever-expanding use of technology and strong demand for higher-speed robots, the Wi-Fi segment is expected to grow at the fastest compound annual growth rate.

In addition, the development of smart cities and their simpler management functions will attract a large number of customers to enter the market. And semi-autonomous. Due to the huge demand of global consumers for autonomous robots during the forecast period, the autonomous market segment is expected to become the fastest growing field. Major robot manufacturers are investing heavily in autonomous technology to accelerate the advancement of robots. Autonomous functions allow robots to perform professional tasks more freely on their own, thereby increasing overall productivity.

Main participants:

The research report "Global Consumer Robotics Market will provide useful information with a focus on the global market. The main players in the market are Bossa Nova Robotics, Ecovacs, Hasbro, iRobot, Hoaloha Robotics, Lego Education, Grishin Robotics, RoboDynamics, Blue Frog Robotics, WowWee Group Limited, Pai Technology, Gaussian Robotics, Neato Robotics and Samsung Electronics. The competitive landscape also includes analysis of key development strategies, market shares and market rankings of the aforementioned participants on a global scale.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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