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Household Robots Market Analysis, Trends, Growth, Research And Forecast 2032
Household Robots Market
Household Robots Market Size, Growth Rate, And Forecast
The global household robots market size is expected to grow from $6.78 billion in 2022 to $8.12 billion in 2023 at a compound annual growth rate (CAGR) of 19.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global household robots market size is expected to reach $16.55 billion in 2027 at a CAGR of 19.5%.
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Household Robots Market Drivers
High demand for robots are expected to boost the growth of the household robots market going forward. Robots refer to any autonomously run system that substitutes human effort. Most people prefer to use robots to assist with household chores like cleaning and ironing. Thus, growing robots demand is expected to boost the household robot market.
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Household Robots Market Segments
• By Type: Domestic, Entertainment and Leisure
• By Offering: Products, Services
• By Application: Vacuuming, Lawn Mowing, Pool Cleaning, Companionship, Elderly Assistance and Handicap Assistance, Robot Toys and Hobby Systems, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the household robots market.
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Household Robots Market Key Players
Major competitors in the household robots market includeDyson Limited, Ecovacs Robotics, Neato Robotics Inc., Alfred Kärcher SE & Co., LG Electronics Inc., LEGO, Samsung, Husqvarna AB, Deere & Company, Xiaomi Corporation
The Business Research Company's "Global Household Robots Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Household Robots Market Include:
1. Executive Summary
2. Household Robots Market Characteristics
3. Household Robots Market Trends And Strategies
4. Household Robots Market - Macro Economic Scenario
5. Household Robots Market Size And Growth
……
26. Africa Household Robots Market
27. Household Robots Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Household Robots Market
29. Household Robots Market Future Outlook and Potential Analysis
30. Appendix
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