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Household Robots Global Market Outlook 2017 to 2026 | Industry Top manufacturers includes Samsung, Robomow, Neato Robotics, Monoprice, Miele, Maytronics , LG, Lego Group, Irobot, Ilife Innovations

09-25-2019 07:55 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: Premium Market Insights

Household Robots Global Market Outlook 2017 to 2026 | Industry

A household robot is a type of service robot, an autonomous robot that is primarily used for household chores but may also be used for education, entertainment or therapy.

Global Household Robots Market is accounted for $2.19 billion in 2017 and is expected to reach $11.69 billion by 2026 growing at a CAGR of 20.4% during the forecast period. Growing demand for autonomous robots and high technological advancements in household robots are some of the factors fuelling market growth. However, legal safety and data privacy regulations are restraining the market growth. Moreover, focusing on the improvement of endurance capability in robots is providing ample growth opportunities.

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Some of the key players profiled in the Household Robots market include TEMI, Samsung, Robomow, Neato Robotics, Monoprice, Miele, Maytronics , LG, Lego Group, Irobot, Ilife Innovations, Husqvarna Group, Hayward Industries, Ecovacs Robotics, Dyson, Deere & Company, BSH Hausger?te, Bobsweep, Blue Frog Robotics and Alfred Kercher.

Further the market is segmented Based on the offering, products segment is estimated to have a lucrative growth during the forecast period as products are becoming more reliable and require less frequent maintenance due to factors such as better design or reparability over time. By Geography, Asia Pacific is likely to have a huge demand due to the increasing consumer preferences in this region and increased investment in these robots, particularly in countries such as South Korea, Japan, and China is driving the market growth.

Offerings Covered:
- Services
- Products

Types Covered:
- Entertainment and Leisure
- Domestic

Applications Covered:
- Window Cleaner
- Vacuuming
- Robot Toys and Hobby Systems
- Pool Cleaning
- Lawn Mowing
- Floor Cleaning Robots
- Elderly Assistance and Handicap Systems
- Companionship
- Others Applications

The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the global Household Robots market based on all the segmentation

What our report offers:

- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Table of Contents

1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Household Robots Market, By Offering
6 Global Household Robots Market, By Type
7 Global Household Robots Market, By Application
8 Global Household Robots Market, By Geography
9 Key Developments
10 Company Profiling

Contact us:
Premium Market Insights,
Contact Person: Sameer Joshi
Email: sales@premiummarketinsights.com

About us:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

We provide best in classcustomer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

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