Press release
Entertainment Robots Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
Entertainment Robots
How Large Will the Entertainment Robots Market Size By 2025?
The market size for entertainment robots has experienced exponential growth in recent years. The sector, which was valued at $35.6 billion in 2024, is expected to increase to $44.33 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 24.5%. This significant historical growth can be linked to the rising consumer curiosity in robotic technology, the merging of augmented reality (AR) and virtual reality (VR), worldwide popularity of robotics competitions, growth of artificial intelligence and machine learning, and the global proliferation of robot-as-a-service (RaaS).
How Big Is the Entertainment Robots Market Size Expected to Grow by 2029?
In the coming years, the market size for entertainment robots is projected to undergo significant growth, escalating to "$114.17 billion by 2029 at a compound annual growth rate (CAGR) of 26.7%. This predicted growth during the forecasted period can be linked to the rapid developments in human-robot interaction technology, the rise of social robots, growth of theme parks and entertainment venues, and trend towards customization and personalization. Furthermore, the focus on educational and 'edutainment' robots is also driving this growth. Key trends anticipated during the forecast period are the incorporation of 5g technology, collaboration between entertainment and technology corporations, greater affordability of robotic technology, advancements in robotic technology, and enhancements in human-robot interaction (HRI).
View the full report here:
https://www.thebusinessresearchcompany.com/report/entertainment-robots-global-market-report
Which Key Market Drivers Powering Entertainment Robots Market Expansion and Growth?
The entertainment robots market is predicted to surge due to greater acceptability of robots. Robots are increasingly used for educational, therapeutic, and caregiving purposes for both children and elderly adults, including teaching subjects like mathematics, science, and programming to children, and helping adults stay active and involved. There's also a development in robotics designed to assist the elderly in routine tasks such as house cleaning, fetching items, getting in and out of bed, eating, and moving around. The International Federation of Robotics (IFR), a German association dedicated to the robotics industry, reported in September 2023 that global industrial robot installations increased by 5% in 2022, with Asia leading at 73%. The market is expected to further expand by 7% in 2023, surpassing 590,000 units. As a result, the growth of the entertainment robots market is being spearheaded by the escalating use of robots.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10115&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Entertainment Robots Market?
The entertainment robots market is seeing a rising trend in the application of advanced artificial intelligence technologies. Firms involved in this market are employing cutting-edge technologies to maintain their competitive stance. In a recent demonstration of this trend, Miko, an Indian company specializing in consumer electronics, artificial intelligence, and machine learning, introduced its new AI-enabled educational robot, Miko 3, in February 2022. Equipped with a high-definition wide-angle camera, a speed range sensor, and odometric detectors, Miko 3 can dynamically compute distances and avoid obstacles. Additionally, its Mikonnect video calling feature guarantees a secure, uninterrupted connection between kids and their parents.
What Are the Emerging Segments in the Entertainment Robots Market?
The entertainment robots market covered in this report is segmented -
1) By Product: Robot Toys, Educational Robots, Robotic Companion Pets
2) By Component: Software, Hardware
3) By End-User: Media, Education, Retail, Other End Users
Subsegments:
1) By Robot Toys: Remote-Controlled Robots, Interactive Robot Toys, Building And Construction Robot Kits
2) By Educational Robots: Coding And Programming Robots, STEM Learning Robots, Robotics Kits For Schools
3) By Robotic Companion Pets: Robotic Dogs And Cats, Interactive Pet Robots, Emotional Support Robotic Pets
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10115&type=smp
Who Are the Global Leaders in the Entertainment Robots Market?
Major companies operating in the entertainment robots market include Sony Corporation, Hasbro Inc., Lego Group, Honda Motor Co. Ltd., Mattel Inc., WowWee Group Limited, Blue Frog Robotics, SoftBank Robotics Group Corp., UBTECH Robotics Corp., Robosen Robotics Co. Ltd., Anki Inc., Spin Master Ltd., Sphero Inc., Fischertechnik GmbH, iRobot Corporation, Tomy Company Ltd., Parrot SA, Boston Dynamics Inc., AIBrain Inc., Robotis Inc., Segway Robotics Inc., Ozobot & Evollve Inc., KUKA AG, Aldebaran Robotics SAS, Hanson Robotics Ltd., VTech Holdings Limited, ROBOLOCO Inc., Neato Robotics Inc., DJI Technology Co. Ltd., Furhat Robotics
Which are the Top Profitable Regional Markets for the Entertainment Robots Industry?
Asia-Pacific was the largest region in the entertainment robots market in 2024.North America is expected to be the fastest-growing region in the global entertainment robots market report during the forecast period. The regions covered in the entertainment robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10115
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Entertainment Robots Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth here
News-ID: 4095853 • Views: …
More Releases from The Business Research Company
Emerging Trends to Reshape the Xenotransplantation Market: Xvivo's Innovative Pr …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Xenotransplantation Market Size By 2025?
The market size of xenotransplantation has seen robust expansion in the past few years. The market value is projected to increase from $14.68 billion in 2024 to $15.82 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.8%.…
Wood Based Panel Market Landscape to 2034: Key Forces Shaping the Next Decade of …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Wood Based Panel Market Through 2025?
In recent times, the market size of wood-based panels has seen considerable growth. The market which was valued at $176.85 billion in 2024 is projected to rise to $190.52 billion in 2025, showing a compound annual…
Soaring Demand Set to Propel Wireless Speakers Market to $111.25 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Wireless Speakers Market Size Growth Forecast: What to Expect by 2025?
In recent times, the wireless speakers market has experienced substantial expansion. The market size is expected to increase from $37.14 billion in 2024 to $45.71 billion in 2025, growing at a compound annual growth rate (CAGR) of 23.1%.…
Wind Turbine Casting Market Landscape 2025: Forecast Data and Growth Strategy In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Wind Turbine Casting Industry Market Size Be by 2025?
The market size for wind turbine castings has seen solid growth in the past few years. Its value is projected to increase from $2.31 billion in 2024 to $2.46 billion in 2025, with a compound annual growth…
More Releases for Robot
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…
Four-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global four-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the four-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…
