Press release
Consumer Robotics Global Market Report 2024 - By Growth, Size, Share, Drivers, Outlook By 2033
Consumer Robotics Market
The Business Research Company offers in-depth market insights through Consumer Robotics Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The consumer robotics market size has grown exponentially in recent years. It will grow from $11.58 billion in 2023 to $14.89 billion in 2024 at a compound annual growth rate (CAGR) of 28.6%. The growth in the historic period can be attributed to increased disposable income, rising interest in home automation, growth in the aging population, expansion of the smart home market, improvements in battery technology.
The consumer robotics market size is expected to see exponential growth in the next few years. It will grow to $40.92 billion in 2028 at a compound annual growth rate (CAGR) of 28.8%. The growth in the forecast period can be attributed to development of affordable and versatile robotic platforms, expanding applications in healthcare and education, rising demand for cleaning and maintenance robots, advancements in human-robot collaboration, increased focus on companion robots. Major trends in the forecast period include adoption of social robots, personalized and customizable robotic solutions, emergence of swarm robotics, focus on sustainable and eco-friendly robotics, growth of robotic-as-a-service (raas) models.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=12735&type=smp
Market Segmentation:
The consumer robotics market covered in this report is segmented -
1) By Type: Autonomous, Semi-Autonomous
2) By Connectivity: Wi-Fi, Bluetooth, Other Types
3) By Distribution Channel: Offline, Online
4) By Application: Domestic Task, Education, Healthcare, Other Applications
5) By End-User: Oil And Gas, Process Industry, Chemical And Petrochemical, Power Generation, Other End User
Major Driver - The Soaring Demand For Consumer Robotics Fueled By The Rapid Adoption Of Smart Home Appliances
The growing adoption of smart home appliances is expected to propel the growth of the consumer robotics market going forward. 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. For instance, in November 2022, according to the State of the Connected Home report that included a survey of 1000 adults across the UK conducted by techUK, a UK-based non-profit trade association, 77% of the adults in the UK own at least one smart home appliance, which is up from 67% in 2020 and 76% in 2021. Further, the number of advanced adopters of smart home devices reached 26% in 2022, up from 24% in 2021 and 17% in 2020. Therefore, the growing adoption of smart homes drives consumer robotics demand.
Competitive Landscape:
Major companies operating in the consumer robotics market report 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, Cecotec Innovaciones S.L.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/consumer-robotics-global-market-report
Top Trend - Ai-Powered Solution Revolutionizes Cleaning Practices
Product innovations are a key trend gaining popularity in the consumer robotics market. 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.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Consumer Robotics Market Characteristics
3. Consumer Robotics Market Trends And Strategies
4. Consumer Robotics Market - Macro Economic Scenario
5. Consumer Robotics Market Size And Growth
…..
27. Consumer Robotics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
About The Business Research Company
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 specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model"
About The Business Research Company
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 specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Consumer Robotics Global Market Report 2024 - By Growth, Size, Share, Drivers, Outlook By 2033 here
News-ID: 3433180 • Views: …
More Releases from The Business research company
Leading Companies Fueling Innovation and Growth in the Isotype Control Antibody …
The isotype control antibody market is set for significant expansion in the coming years, driven by advancements in medical research and technology. As laboratories and pharmaceutical companies increasingly adopt precision medicine, this sector is poised for rapid growth, reflecting broader trends in healthcare and biotechnology.
Anticipated Market Growth and Size for Isotype Control Antibodies
The market for isotype control antibodies is projected to reach $189.82 billion by 2029, growing at a robust…
Key Strategic Developments and Emerging Changes Shaping the Industrial Media Con …
The industrial media converter market is poised for strong growth in the coming years, supported by rapid technological progress and increasing digital transformation across industries. As more sectors invest in smart systems and modernize their network infrastructure, demand for industrial media converters continues to accelerate. Below is an overview of the market's projected value, major players, influential trends, and detailed segmentation.
Forecasted Market Value and Growth Trajectory for Industrial Media Converter…
In-Depth Examination of Segments, Industry Developments, and Key Players in the …
The histidine tag (His-Tag) antibody market is on track for substantial expansion, driven by increasing applications in biotechnology and pharmaceutical research. As advancements continue and demand rises, this sector is poised for significant growth, presenting varied opportunities for stakeholders. Let's explore the market size forecasts, key players, emerging trends, and main segments shaping this dynamic industry.
Market Size Forecast and Growth Potential in the Histidine Tag (His-Tag) Antibody Market
The histidine tag…
Leading Companies Fueling Growth and Innovation in the Hand Rehabilitation Devic …
The hand rehabilitation devices market is entering a strong growth phase, led by rapid technological progress and evolving patient recovery needs. As more individuals look for effective, patient-friendly solutions to restore hand function, the industry is set for considerable advancement. Below is an overview of the projected market size, major industry players, emerging innovations, and how the market is organized across product categories and applications.
Projected Market Size and Growth of…
More Releases for Robot
Wuffy Robot Dog Reviews: All Truth about Wuffy Robot Dog (wuffy the robot dog)
Parents around the world are asking the same question right now: can a robot puppy really replace some of the comfort and fun of a real dog? In a time when many families live in apartments, juggle allergies, or simply cannot handle the responsibility of a pet, wuffy robot dog reviews are starting to stand out online for one simple reason. This is not another plastic gadget that flashes once…
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market?
The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene.
The robot…
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify…
Six-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global six-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the six-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used.
For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts…
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates…
