Comprehensive Market Analysis on Consumer Robotics Market projected to reach USD 39.1 Billion by 2030 | CAGR of 27.95% | Forecast period 2024-2030, published by MarketDigits

Consumer Robotics Market Scope:
Market size value in 2023 - USD 6.97 Billion
Market size value in 2030 - USD 39.1 Billion
CAGR (2023-2030) - 27.95%
Forecast Period 2023-2030
Segments Covered - Product Type, Price Range, Application and Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Samsung Electronics Co., Ltd., WowWee Group Limited, iRobot Corporation, Blue Frog Robotics

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Browse in-depth TOC on Consumer Robotics Market
178-Tables
95-Figures
332-Pages

North America dominates the market for Consumer Robotics.
North America account for the highest revenue share in the consumer robotics market, driven by its advanced technological expertise and innovation hubs like Silicon Valley. These factors contribute to the region's leadership in developing and embracing consumer robotics. With major tech companies and research universities fostering advancements in AI and machine learning, crucial components for consumer robotics, North America provides an ideal landscape. The region's thriving consumer electronics market and high disposable income further support the adoption of cutting-edge consumer robots, especially considering the early integration of smart homes and connected devices.

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Top Key Players Covered in the Report-
American Robotics, DJI, iRobot Corporation, LG Electronics., Blue Frog Robotics, Honda Motor Co., Ltd., Intuitive Surgical Operations, Inc., Neato Robotics, Inc., Samsung Electronics Co., Ltd., Stryker, WowWee Group Limited, and Others.

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Recent Developments-
In May 2022, Amazon announced establishment of its new Consumer Robotics Software Development Centre in Bengaluru, India, aimed at providing support to Amazon's Consumer Robotics division.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-consumer-robotics-market-projected-to-reach-usd-391-billion-by-2030

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This release was published on openPR.