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Global Consumer Robotics Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like DJI,SoftBank Group,iRobot Corporation,Inc.
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Consumer robotics is shifting from a phase of being largely dominated by cleaning robots, into robotic personal assistants or family companions. Also, robotic toys, which, until now, were largely gimmicky, are transforming into interactive connected play devices that have virtually limitless possibilities, as well as useful educational tools as a part of science, technology, engineering, and math (STEM)-based curriculum. The second phase of the consumer robotics revolution is well and truly underway, and the next 5 years will set the stage for how these robots fundamentally transform our homes and daily lives.
The declining price of personal robot owing to rapidly growing competition in market drives the adoption of consumer robot while augmenting its market growth. In addition, the growing demand for homecare owing to rapidly aging population and rising prevalence of diseases further propel the consumer robot market growth.
Growing spending power of consumers and increasing need for convenience, especially in developed countries, is another major factor contributing to the growing consumer robot market. Other drivers include growing the rise in security threat, high speed innovation and growing number of players. However, the performance issue might hold back the market growth. High speed innovation is expected to augment the consumer robot market growth over the projected period.
The global Consumer Robotics market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
Market Segment by Manufacturers, this report covers
iRobot Corporation
Jibo, Inc.
3D Robotics, Inc.
Honda Motor Co., Ltd.
Bossa Nova Robotics
DJI
SoftBank Group
Market Segment by Type, covers
Autonomous
Semi-Autonomous
Market Segment by Applications, can be divided into
Entertainment
Security and Surveillance
Education
Telepresence
Service
Others
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https://www.marketresearchreportstore.com/reports/322143/global-consumer-robotics-market-history-breakdown
Related Information:
North America Consumer Robotics Market Growth 2019-2024
United States Consumer Robotics Market Growth 2019-2024
Asia-Pacific Consumer Robotics Market Growth 2019-2024
Europe Consumer Robotics Market Growth 2019-2024
EMEA Consumer Robotics Market Growth 2019-2024
Global Consumer Robotics Market Growth 2019-2024
China Consumer Robotics Market Growth 2019-2024
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