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Global Personal Robot Market to Witness 37.8% CAGR During 2016 – 2022 By P&S Market Research
To Browse Full Report Visit Here: www.psmarketresearch.com/market-analysis/personal-robot-market
Cleaning robots accounted for more than half share of the global personal robot market in 2015. The robot companion/assistants are also expected to witness a considerable growth during the forecast period, owing to the rapid growth of mobile robot, along with decreasing average selling price of personal robots. During the forecast period, a significant product innovation is expected in the global personal robot market. The recent technical advancement in multi-tasking robots, such as humanoids is expected to drive the growth of the global market during the forecast period.
Due to the availability of open software platform for personal robotics, many IC and smart phone vendors, such as Intel Corporation and Xiaomi Inc., have entered in the global market during the recent years. This is expected to drop down the average selling price (ASP) of the personal robot during the forecast period. The affordability of personal robot is expected to be a major factor behind the growth of its market t in the developing countries during the forecast period.
Browse Related Research: www.psmarketresearch.com/industry-report/semiconductor-and-electronics
The lack of appropriately skilled robot designers, along with the technical complexity in human-robot interference is hindering its growth in critical personal applications such as handicap assistance. The life style change in addition to increasing disposable income of people in the developing countries of Asia-Pacific is expected to drive the growth of the personal robot market during the forecast period. Some of the major companies operating in the global personal robot market include Honda Motor Co. Ltd., Sony Corporation, Samsung Electronics Co. Ltd., F&P Robotics AG, ZMP INC., Segway Inc., Neato Robotics Inc., Ecovacs Robotics Inc., Hasbro Inc., and iRobot Corporation.
GLOBAL PERSONAL ROBOT MARKET SEGMENTATION
By Type
Handicap Assistance Robot
Entertainment and Toy Robot
Cleaning Robot
Robot Companions/Assistants
Education Robot
Security Robot
Robot Transport
Others
GEOGRAPHICAL SEGMENTATION
By Region
North America
U.S.
Canada
Rest of North America
Europe
U.K.
Germany
France.
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Rest of Asia-Pacific
Rest of the World (ROW)
Brazil
Rest of RoW
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