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Growing Demand For Robots To Drive Household Robots Market Growth: Core Growth Enabler in the Household Robots Market, 2025
Household Robots
What Will the Household Robots Industry Market Size Be by 2025?
The market for household robots has seen remarkable growth lately. The market that was worth $9.63 billion in 2024 is projected to increase to $11.51 billion in 2025, showcasing a compound annual growth rate (CAGR) of 19.5%. This surge during the historical period is linked to consumers' quest for convenience, the incorporation of smart homes, heightened consumer knowledge, enhanced affordability, ecological sustainability, upgrading safety measures, and governmental strategies.
What's the Long-Term Growth Forecast for the Household Robots Market Size Through 2029?
We anticipate a rapid expansion in the household robots market, with a forecasted growth up to $24.66 billion by 2029, registering a compound annual growth rate (CAGR) of 21.0%. This anticipated growth during the forecast timeframe can be associated with enhancements in the field of human-robot interaction and an increased reliance on voice assistants. Additionally, the enlargement of robotic lawn care, progression in object recognition technology, continuing reduction in component costs, and growing applications in the hospitality sector all contribute to the market growth. Key trends foreseen during this forecast period are the heightened utilization of robotic vacuum cleaners, advances in AI and machine learning, emergence of multi-functional robots, demand for personal assistant robots, a rise in cloud connectivity and data analytics, and the focus on energy-efficient and environmentally-friendly designs.
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What Are the Key Growth Drivers Fueling the Household Robots Market Expansion?
The expansion of the household robots market is anticipated to be fueled by rising demand for robots. Robots are seen as self-operating systems that replace the need for human effort. More individuals are choosing robots to help with tasks like cleaning and ironing around the house. Therefore, an increase in the demand for robots is predicted to propel the household robot market forward. For example, data from the Germany-based non-profit professional organization, the International Federation of Robotics, showed that the installation of industrial robots in Europe rose by 9% in September 2024, setting a new high of 92,393 units. 80% of these units were implemented in the European Union, with a total of 73,534 units, which marked a 2% increase from 2023. Thus, the growth of the household robots market is expected to be driven by the demand for robots.
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What Are the Key Trends Driving Household Robots Market Growth?
The primary trend gaining traction in the household robot market is technological innovation. Big players in this market are driving forward their market position through the creation of unique technologies. A perfect example occurred in March 2022 when Ecovacs Robotics, hailing from China and a leader in auto cleaning robot design, introduced a new product - the DEEBOT X1 OMNI. This all-in-one vacuum and mopping robot features TrueMapping technology for superior cleaning. Unique features of the DEEBOT X1 Omni include the All-in-One OMNI Station and the powerful AIVI 3D, all created to enhance comprehensive cleaning and make everyday life more convenient.
How Is the Household Robots Market Segmented?
The household robots market covered in this report is segmented -
1) By Type: Domestic, Entertainment And Leisure
2) By Offering: Products, Services
3) By Application: Vacuuming, Lawn Mowing, Pool Cleaning, Companionship, Elderly Assistance And Handicap Assistance, Robot Toys And Hobby Systems, Other Applications
Subsegments:
1) By Domestic: Robotic Vacuum Cleaners, Robotic Mops, Lawn Mowing Robots, Window Cleaning Robots, Personal Assistants
2) By Entertainment And Leisure: Robotic Toys, Social Companion Robots, Educational Robots, Pet Robots
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Which Companies Are Leading the Charge in Household Robots Market Innovation?
Major companies operating in the household robots market include Dyson Limited, Ecovacs Robotics, Neato Robotics Inc., Alfred Kärcher SE & Co., LG Electronics Inc, Samsung Electronics Co Ltd, Husqvarna AB, Deere & Company, Xiaomi Corporation, BSH Hausgeräte GmbH, Miele Corporate, Robomow, Blue Frog Robotics, iLIFE Innovation Ltd, iRobot Corporation, Maytronics Ltd., Neato robotics Inc., Hayward Holdings Inc., Panasonic Corporation, Roborock Technology Co. Ltd, bObsweep Inc., SharkNinja Operating LLC, Schweitzer Engineering Laboratories
Which Regions Are Leading the Global Household Robots Market in Revenue?
Asia-Pacific was the largest region in the household robots market in 2024, and is expected to be the fastest-growing region in the household robots market during the forecast period. The regions covered in the household robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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