Press release
Entertainment Robots Market 2019 Global Key Players - Hasbro, Inc, Mattel, Inc, Sphero, Wow Wee Group Limited by Forecast to 2023
Market Highlights:Entertainment Robots are specially designed for amusement for people in distinctive ways in different places so that people can have happy times.
The main purpose of these robots is to entertain people from any age group. Robots are designed in such a way the microphones are available to listen and interact to people and camera to adapt the people's action and habits carried out in day to day life.
The Entertainment Robots technology has great scope ahead, and industry is upgrading themselves with change of time. They make use of artificial intelligence (AI) advance's techniques and methods.
The 21st century will witness how the Entertainment Robots Market are becoming one of an integral part of human life. The days are gone when robots were just concept or imaginations. Today's there is an android, automated know by many names. The Entertainment Robots technology is trending and innovative that has made some phenomenal development business sectors now the humans.
The changing lifestyle and working culture around people be a major concern in recent time. The human looking out for more entertainment and fun in their life. The Entertainment Robots Market plays a major role here they are a new source of relaxation or stress-free time for people. The new partner for a human.
The discovery of these robots is not only provided relaxation to humans but also a medium of entertainment. Robot toys can imitate depression, laughter, and other emotional simulations. These robots can be found in any amusement park and crowd location nowadays they are also found in the healthcare industry. Humanoid Robotics are toys that are usually made of two legs, robotic dog toys that contain robot toys create a large part of all entertainment robots.
The major drivers for the Entertainment Robots market are as follows, the technology is working as a companion for the humans which can be in form of Robot Toys, Educational Robots, and Robotic Companion Pets. The educational sector is taking proper advantage of this technology they use this entertainment robot for education purpose in most of the school and college where children can learn the basic thing in a different format.
The Educational robots have pre-programming responses to many questions and commands, but they can also program programs for students doing specific things that they can dance to and can sync music with them in time. The Healthcare industry also utilizing this techquie.
The hotels and restaurant where customer waiting in queue for their food, this robots acts an entertainment factor. The Healthcare industry also utilizing this techquie. The hotels and restaurant where customer waiting in queue for their food, this robots acts an entertainment factor.
The Entertainment Robots Market is expected to grow at approximately USD 20 Billion by 2023, at 21% of CAGR between 2017 and 2023.
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Major Key Players:
• Hasbro, Inc. (U.S.)
• Mattel, Inc. (U.S.)
• Sphero (Hong Kong)
• WowWee Group Limited. (Hong Kong)
• Aldebaran Robotics (Japan)
• Blu Frog Robotics (France)
• Modular Robotics (U.S.)
• Robo Builder (South Korea)
• Robotics Inc. (U.S.)
• Toshiba Machine Co. Ltd (Japan)
• Sony Corporation (Japan)
Industry/ Innovation/Related News:
1st November (the guardian), The Japanese electronics firm, once a pioneer in home robotics, announced that after more than a decade its robot canine pal will return to shelves with artificial intelligence-infused upgrades. Sony is bringing its robotic dog Aibo back from the dead.
11 NOVEMBER 2017 (telegraph UK), The Video game publisher Electronic Arts is to acquire the Titanfall developer Respawn Entertainment in a deal worth over $300m. EA announced to take this post on their official site, along with the news that Respawn are working on a third game in the Titanfall universe.
Regional Analysis:
The regional analysis of entertainment robots market is being studied for region such as Asia Pacific, Americas, Europe and Rest of the World.
The North America region is the leader in entertainment robots market because of the advancement in technology and implementation of artificial intelligence in developing robots. The other factor driving growth in North America region is increased adoption of robots in school and colleges.
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Entertainment Robots Market Segmentation:
The Entertainment Robots market can be segmented by product and region dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type: Robotics toy, Educational Robots, Robotic Companion Pets
Segmentation by Region: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Intended Audience:
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• Robot Manufacturers
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continued…….
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List of Tables
Table 1entertainment Robots Market, By Product
Table 2 Entertainment Robots Market, By Geography
Table 3 North America Entertainment Robots Market, By Product
Continued…….
List of Figures
Figure 1 Research Type
Figure 2 Entertainment Robots Market: By Product (%)
Figure 3 Entertainment Robots Market: By Region (%)
Continued…….
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