Consumer Robotics Market 2018 Global Leaders Analysis: Parrot SA, Neato Robotics, Hasbro, iRobot Corporation, Honda Motors Company, Intuitive Surgical, 3D Robotics, Blue Frog Robotics

Market Research Future published a research report on “Consumer Robotics Market Research Report - Global Forecast To 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

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.

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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.

Key Players

Some of 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), Neato Robotics (U.S), Dà-Jiāng Innovations Science and Technology Co., Ltd (China), 3D Robotics (U.S.), Jibo, Inc. (U.S.), Blue Frog Robotics (France), among others.

Market Segmentations

The worldwide consumer robotics market has been segmented into four equal portions. Each has a sub-division of its own and they are as follows:

• Verticals: Telepresence robots, healthcare products, educational robotics kits, industrial robotics and UAVs.
• By Type: Surveillance robots, educational robots, personal robots and task robots.
• End-users: Healthcare and education.
• Components: Displays, sensors, communication technologies, processors, wheels, legs, walking, manipulators, mobile platforms, microcontrollers, displays, actuators, power supplies, cameras and software.

Geographical Insights

Region-wise the consumer robotics market is spread across various regions of the world like North America, Asia Pacific and Rest of the World.
Amongst these, North America takes the cake in terms of market share. It leads the market with the highest number of shares. It is because consumer robotics is the need of the hour in this region and furthermore the government too has implemented certain laws that work in the favor of the market. Due to all of these reasons, this market has an edge over other regions and it is believed that it will continue to be at the top in future as well.

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Intended Audience

• Consumer robotics companies
• Consumer robotics providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators

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