Press release
Household Robots Market: Product Experts Ideas by Samsung, LG, iRobot, Alfred Karcher, John Dheere, bObsweep, Hayward Industries, Bissell, iLife Innovation, Deere & Company, and BSH Hausgerate
Household Robots Market
Household robot is a service robot that assists human beings by performing an activity or a job. These robots are autonomous in nature and are operated by built in-control system. It performs the tasks with high degree of autonomy and can easily connect with the WI-FI networks and are used for various purposes such as education, therapy, and entertainment. The Household Robots Market is expected to witness stupendous growth in the upcoming years.
Major Companies in Market
The key players profiled in the household robot industry includes Samsung, LG, iRobot, Alfred Karcher, John Dheere, bObsweep, Hayward Industries, Bissell, iLife Innovation, Deere & Company, and BSH Hausgerate. These players focus on R&D and advancement of electronic devices.
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These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.
KEY BENEFITS FOR STAKEHOLDERS
o This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global Household Robots Market from 2018 to 2026 to identify the prevailing market opportunities.
o The key countries in all the major regions are mapped based on their market share.
o Porter's five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
o In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
o Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
o The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
The Household Robots Market is segmented into type, application, distribution channel, and region.
Based on type, the market is categorized into domestic and entertainment & leisure. Based on application, the market is segregated into vacuuming, lawn mowing, pool cleaning, robot toys & hobby systems, and others. Based on distribution channel, the market is classified into online stores, specialty stores, and others. Based on region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
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The Household Robots Market is expected to witness robust growth in subsequent years. Household robots are reliable in nature and requires less maintenance. Owing to the increase in penetration of robots in household applications, increase in technological advancements and increase in cost for labor service a bright outlook for household robots can be seen in the upcoming years. In addition, some other factors influence the Household Robots Market. These include rapid urbanization and industrialization, product development, and awareness among consumers for acceptance of home appliances.
Rise in demand for autonomous robots, increase in awareness of robotics applications, surge in concern for safety, and continuous increase in technological advancements drive the Household Robots Market growth. However, high initial investments is one of the factors which hampers the growth of the Household Robots Market. Increase in R&D investments focus on improving endurance capability of robots to create lucrative opportunities for the growth of the Household Robots Market.
KEY MARKET SEGMENTS
By Type
o Domestic
o Entertainment & Leisure
By Application
o Vacuuming
o Lawn Mowing
o Pool Cleaning
o Robot Toys & Hobby Systems
o Others
By Distribution Channel
o Online Stores
o Specialty Stores
o Others
By Region
o North America
o U.S.
o Canada
o Mexico
o Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o ASEAN
o Rest of Asia-Pacific
o LAMEA
o Latin America
o Middle East
o Africa
COVID-19 Pandemic disrupted the entire world and affected many industries.
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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