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Global Consumer Robotics Market 2023 Latest Trends, Future Scope, Business Growth And Forecast To 2032 | Major Players Are Amazon.com Inc., Alphabet Inc., Toyota Motor Corporation, Samsung Electronics Co. Ltd., Honda Motor Co. Ltd

11-29-2023 06:00 AM CET | IT, New Media & Software

Press release from: The Business research company

Consumer Robotics Market

Consumer Robotics Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Consumer Robotics Global Market Report 2023 identifies growing adoption of smart home appliances as the major driver for the Consumer Robotics Market's growth in the forecast period. A smart home is a residence equipped with various internet-connected devices and systems that allow homeowners to control, monitor, and automate various aspects of their living space. Consumer robots are used in smart homes to provide a better sense of automation and can be very helpful in automating several tasks in smart homes.

The global consumer robotics market is expected to grow from $8.99 billion in 2022 to $11.58 billion in 2023 at a compound annual growth rate (CAGR) of 28.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The consumer robotics market is expected to reach $3.50 billion in 2027 at a CAGR of 28.4%.

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Major competitors in the Consumer Robotics Market are Amazon.com Inc., Alphabet Inc., Toyota Motor Corporation, Samsung Electronics Co. Ltd., Honda Motor Co. Ltd., Nippon Telegraph and Telephone Corp., LG Electronics Inc., Xiaomi Inc., Sharp Corporation, Dyson Ltd., Intuitive Surgical Inc., Hasbro Inc., JS Global Lifestyle Co. Ltd., Ecovacs Robotics Co. Ltd, iRobot Corp., Ubtech Robotics Inc, MAKO Surgical Corp., Yujin Robot Co. Ltd., Starship Technologies Inc, Cyberdyne Inc., WowWee Group Ltd., Bossa Nova Robotics Inc, Blue Frog Robotics SAS, 3D Robotics Inc., Hanson Robotics Limited, Robosen Robotics Inc, Hoaloha Robotics LLC, Jibo Inc., Pai Technology Limited, and Cecotec Innovaciones S.L.

A key trend in the Consumer Robotics Market includes Product innovations. Major companies operating in the consumer robotics market are developing innovative robots based on artificial intelligence technology to sustain their position in the market. For instance, in March 2021, Avalon SteriTech Limited, a China-based disinfection technology provider, and SoftBank Robotics Group Corp, a Japan-based company that develops and manufactures industrial robotics, launched Whiz Gambit, a 2-in-1 AI-powered cleaning and disinfection robotics solution. It redefines cleaning and disinfection procedures by delivering consistent and sustainable performance with agility in modifying frequency, intensity, and cleaning and disinfection practices.

Read More On The Global Consumer Robotics Market Report Here:
https://www.thebusinessresearchcompany.com/report/consumer-robotics-global-market-report

The Consumer Robotics Market is segmented -
By Type: Autonomous, Semi-Autonomous
By Connectivity: Wi-Fi, Bluetooth, Other Types
By Distribution Channel: Offline, Online
By Application: Domestic Task, Education, Healthcare, Other Applications
By End-User: Oil And Gas, Process Industry, Chemical And Petrochemical, Power Generation, Other End User
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Consumer Robotics Market.

The Business Research Company's "Global Consumer Robotics 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.

Explore Buying Options For The Consumer Robotics Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12735

The Table Of Content For The Consumer Robotics Market Include:
1. Executive Summary
2. Consumer Robotics Market Characteristics
3. Consumer Robotics Market Trends And Strategies
4. Consumer Robotics Market - Macro Economic Scenario
5. Global Consumer Robotics Market Size and Growth
……
32. Global Consumer Robotics Market Competitive Benchmarking
33. Global Consumer Robotics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Consumer Robotics Market
35. Consumer Robotics Market Future Outlook and Potential Analysis
36. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

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