Consumer robotics is the use of robots in everyday living environments. Consumer robots are robots designed for household/personal use and used for practical purposes. These robots typically have sophisticated hardware and software to make them smarter and more capable of accomplishing tasks. Examples include robotic vacuum cleaners, robotic lawn mowers, robotic toys, and robotic personal assistants.
Consumer robotics are being used for a variety of tasks, from cleaning and home security to entertainment and personal assistance. The growth of consumer robots has been bolstered by the development of more affordable, robust, and user-friendly robots over the past few years. There is significant potential for further advancement — and adoption — of consumer robots in the coming years, especially as the technology underlying consumer robotics continues to evolve and become more reliable.
The global consumer robotics market was valued at USD 15.4 billion in 2019 and is expected to reach approximately USD 28.7 billion by 2025, growing at a CAGR of 12.7%. North America is the leading region for consumer robotics, due to a proliferation of consumer robotics startups as well as rapid adoption of robotic technologies. Furthermore, the Asia-Pacific region is expected to register the fastest growth, as robotics-related initiatives are actively being pursued in countries like China and Japan.
The global Consumer Robotics market was valued at US$ 27240 million in 2022 and is anticipated to reach US$ 117190 million by 2029, witnessing a CAGR of 22.9% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Consumer Robotics Market available at: https://www.themarketreports.com/report/global-consumer-robotics-market-research-report
This report aims to provide a comprehensive presentation of the global market for Consumer Robotics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Consumer Robotics.
The major global companies of Consumer Robotics include iRobot, Ecovacs, Xiaomi, Shark, Neato Robotics, Cecotec, Yujin Robot, Matsutek, Proscenic, Samsung, iLife, Dyson, Miele, LG, Vorwerk, Infinuvo（Metapo）, Fmart, DJI, Parrot, Google etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
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