Press release
Global Consumer Robotics Market Growth & Forecast to 2024 by Major Player- Intuitive, Honda Motor India Pvt. Ltd, iRobot, Google, MAKO Surgical Corp.
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The market for consumer robotics can be segmented based on end-use, industry verticals, components, and geography. Based on end-use, the market can be divided into task robots, surveillance robots, entertainment robots, security robots, educational robots and personal robots. Based on industry verticals, the market can be divided into educational robotics kits, consumer robotics segment, tele-presence robots, UAVs, industrial robotics and healthcare robotics.
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The major trends that have supported the development of consumer robotics market on a large scale include advancements in navigation systems, artificial intelligence, ubiquity of the internet and rise of hand-held computing devices. The increase in the number of hand held computing devices such as smart phones, tablets and smart watches has made it easier to develop robots for consumer and office applications. Mobile devices offer users the opportunity to outsource computing to companion devices by allowing developers to produce application controlled robots at accessible price.
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The advancement in consumer robotic technology is enabling people to devote most of their time in important tasks, as robots take on their daily household chores, which is one of the major factors behind their increasing adoption.
Robots help people in several other activities like cleaning dirty floors, and entertaining children. The benefits associated with the use of robots offer immense growth opportunities in the near future.
Report Coverage
• Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
• Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
• Uncovers potential demands in the market
• Porter analysis identifies competitive forces within the market
• Provides information on the historical and current market size and the future potential of the market
• Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)
• Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger & acquisitions
• Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. Profiles provide better understanding of competition as well as the demands of the market.
About P&S Intelligence:
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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