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Household Robots Market 2023 - By Size, Share, Growth Rate, Emerging Trends, Development Status, Revenue Outlook And Forecast 2032
Household Robots Market
The Business Research Company's Household Robots Global Market Report 2023 identifies high demand for robots as the major driver for the Household Robots market's growth in the forecast period. 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.
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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Major competitors in the Household Robots market are Dyson Limited, Ecovacs Robotics, Neato Robotics Inc., Alfred Kärcher SE & Co., LG Electronics Inc.
A key trend in the Household Robots market includes technological advancements. Major companies operating in the household robot market are developing innovative technologies to strengthen their position in the market. For instance, in March 2022, Ecovacs Robotics, a China-based top auto cleaning robots designer, launched DEEBOT X1 OMNI, an all-in-one vacuum and mopping robot, based on TrueMapping technology. Some of the unique features of the DEEBOT X1 Omni are the All-in-One OMNI Station, and the potent AIVI 3D. The DEEBOT X1 Omni is specifically designed to perform all-around cleaning to improve daily life.
Read More On The Global Household Robots Market Report Here:
https://www.thebusinessresearchcompany.com/report/household-robots-global-market-report
The Household Robots market is segmented -
• 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.
The Business Research Company's "Global Household Robots Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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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