Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 6.04 Billion

Market Size (2029)

USD 29.05 Billion

CAGR (2024-2029)

29.73%

Fastest Growing Segment

Social Robots

Largest Market

North America


Market Overview

Global Consumer Robotics Market was valued at USD 6.04 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 29.73% through 2029. The consumer robotics market encompasses a wide range of robotic products and solutions designed for personal and home use. These include robotic vacuum cleaners, lawn mowers, personal assistants, entertainment robots, and smart home devices that leverage advancements in artificial intelligence (AI) and machine learning. These technologies enable robots to perform complex tasks, interact with users, and adapt to their environments, enhancing their functionality and user experience.

Key Market Drivers:

Technological Advancements Driving Innovation:

The consumer robotics market is propelled by rapid technological advancements that continue to drive innovation and expand the capabilities of robotic devices. Over the years, advancements in areas such as artificial intelligence (AI), machine learning, computer vision, and sensor technology have enabled the development of more intelligent, autonomous, and versatile robots. These technological innovations have unlocked new possibilities for consumer robotics applications, ranging from household chores and entertainment to healthcare and education.

AI-powered robots can now perform complex tasks such as navigation, object recognition, and decision-making with greater accuracy and efficiency. Advanced sensors enable robots to perceive and interact with their environment, while machine learning algorithms allow them to adapt and learn from experience. Moreover, the miniaturization of components and the proliferation of low-cost manufacturing techniques have made consumer robots more affordable and accessible to a broader audience.

As technology continues to evolve, consumer robotics companies are poised to introduce innovative products and services that address evolving consumer needs and preferences. From personal assistants and companion robots to robotic vacuum cleaners and smart toys, the consumer robotics market is expected to witness sustained growth driven by ongoing technological advancements.

Rising Demand for Automation and Convenience:

The increasing demand for automation and convenience is a significant driver of growth in the consumer robotics market. As consumers seek ways to simplify their daily tasks and streamline their lifestyles, robotics solutions offer a compelling value proposition. Robotic devices can automate repetitive and mundane tasks, freeing up time and energy for more meaningful activities. Whether it's vacuuming floors, mowing lawns, or preparing meals, robotic appliances offer convenience and efficiency that resonate with busy consumers.

The growing emphasis on smart homes and connected devices is driving demand for robotic solutions that integrate seamlessly with existing home automation systems. Consumers are increasingly looking for robots that can be controlled remotely via smartphone apps or voice commands, allowing them to monitor and manage their homes from anywhere. Additionally, the proliferation of e-commerce and home delivery services has created opportunities for robots to assist with tasks such as package delivery and logistics, further fueling demand for consumer robotics solutions.

As automation becomes more prevalent in households worldwide, the consumer robotics market is poised for significant growth. Companies that can deliver innovative, user-friendly, and cost-effective robotic solutions that address consumer needs for automation and convenience are well-positioned to capitalize on this trend and capture market share.

Aging Population and Healthcare Needs:

The aging population demographic represents a significant market driver for the consumer robotics industry, particularly in the healthcare sector. As populations age and life expectancy increases, there is a growing demand for robotic solutions that can assist with eldercare and healthcare management. Robots equipped with sensors, monitors, and communication capabilities can provide valuable support to elderly individuals and caregivers, helping to monitor vital signs, dispense medication, and provide companionship.

Robots designed for healthcare applications, such as robotic exoskeletons for rehabilitation or robotic surgical assistants, are gaining traction in the consumer market. These robotic solutions offer the potential to improve patient outcomes, reduce healthcare costs, and enhance the quality of life for individuals with mobility impairments or chronic conditions.

The increasing focus on aging-in-place initiatives and remote healthcare monitoring further drives demand for consumer robotics solutions that enable seniors to maintain independence and receive timely medical assistance. As healthcare systems worldwide face challenges related to an aging population and rising healthcare costs, consumer robotics companies have an opportunity to develop innovative solutions that address these pressing needs.


                                                        

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Key Market Challenges

High Initial Costs and Return on Investment

One of the primary challenges facing the Consumer Robotics Market is the high initial costs associated with developing and purchasing robotic products. From research and development to manufacturing and distribution, the expenses involved in bringing consumer robots to market can be substantial. These costs are driven by factors such as advanced technology requirements, complex engineering processes, and the need for specialized components and materials.

Consumers may perceive robotic products as expensive investments, especially if they do not immediately see a clear return on investment. While some robots offer tangible benefits such as time savings, convenience, or improved productivity, others may be perceived as novelty items or luxury purchases. Convincing consumers to invest in robotics requires demonstrating clear value propositions and addressing concerns about cost-effectiveness and long-term benefits.

The consumer robotics market faces competition from traditional products and alternative solutions that may offer similar functionalities at lower price points. For example, consumers may opt for manual labor or conventional household appliances instead of investing in robotic cleaning devices or smart home assistants. Overcoming price barriers and effectively communicating the value proposition of consumer robotics products is essential for market growth and adoption.

Limited Consumer Awareness and Education

Another significant challenge for the Consumer Robotics Market is the limited awareness and understanding of robotic technologies among consumers. While robotics has made significant advancements in recent years, many consumers may still perceive robots as futuristic or inaccessible technologies reserved for specialized industries or research labs. As a result, there is a lack of awareness about the practical applications and benefits of consumer robotics in everyday life.

Consumer education about robotics may be hindered by technical complexity and jargon, making it difficult for manufacturers to effectively communicate the capabilities and functionalities of their products. Clear and accessible information about how robots work, what they can do, and how they can enhance daily activities is essential for building consumer confidence and driving adoption.

Misconceptions and concerns about robotics, such as fears of job displacement, privacy issues, or safety risks, may deter consumers from embracing robotic technologies. Addressing these concerns requires transparent communication, proactive risk mitigation strategies, and efforts to build trust and credibility with consumers.

Key Market Trends

Adoption of Robotics for Household Chores

One significant trend shaping the Consumer Robotics market is the increasing adoption of robots for household chores. As technology advances and becomes more affordable, consumers are embracing robotic solutions to automate mundane and repetitive tasks, such as vacuuming, mopping, lawn mowing, and window cleaning. These robots offer convenience, efficiency, and time savings, allowing users to delegate chores while focusing on other activities or enjoying leisure time.

This trend is driven by several factors. First, the growing demand for smart home devices and connected appliances has paved the way for robotic assistants that seamlessly integrate with existing home automation systems. Consumers can control and monitor robotic devices remotely via smartphone apps or voice assistants, enhancing convenience and accessibility. Additionally, advancements in robotics technology, including improved sensors, navigation algorithms, and AI-driven software, have enhanced the capabilities and performance of consumer robots, making them more reliable and user-friendly.

Changing demographics and lifestyle preferences contribute to the adoption of robotic solutions for household chores. With an aging population and increasing urbanization, there is a growing need for assistance with daily tasks, particularly among seniors and busy urban professionals. Robotic devices offer an ideal solution for maintaining cleanliness and orderliness in homes without the need for manual labor or physical exertion.

Personal and Companion Robots for Social Interaction

Another notable trend in the Consumer Robotics market is the emergence of personal and companion robots designed to provide social interaction and emotional support to users. These robots serve as companions, caregivers, and entertainment devices, offering companionship, conversation, and entertainment to individuals seeking social interaction and emotional engagement.

This trend is fueled by several factors. First, changing societal norms and demographic shifts, including aging populations and increasing loneliness, contribute to the demand for social robots that can provide companionship and emotional support. As people become more isolated or live alone, particularly in urban environments, there is a growing need for technologies that can alleviate loneliness and foster social connections.

Advancements in robotics technology, artificial intelligence, and natural language processing enable personal and companion robots to interact with users in more natural and engaging ways. These robots can recognize faces, understand speech, and respond to commands, creating lifelike interactions that mimic human companionship. Furthermore, the integration of expressive features such as facial expressions, gestures, and vocal intonations enhances the emotional appeal and believability of these robots, fostering deeper bonds with users.

Segmental Insights

Application Insights

The Household Robots held largest market share in 2023. The household robots segment of the consumer robotics market is experiencing significant growth, driven by a variety of factors that reflect changing consumer lifestyles, technological advancements, and evolving economic conditions. As households become more tech-savvy and the demand for convenience and automation increases, the adoption of household robots—ranging from robotic vacuum cleaners to smart home assistants—has accelerated. Several key drivers underpin this growth.

The rising consumer demand for convenience and efficiency in household chores is a major driver. Busy lifestyles, especially in urban areas where dual-income households are common, leave little time for mundane tasks such as cleaning, lawn mowing, and other household maintenance. Household robots offer an attractive solution by automating these tasks, freeing up time for more productive or enjoyable activities. The popularity of robotic vacuum cleaners, such as those made by iRobot and Dyson, exemplifies how these devices have become mainstream by offering time-saving and reliable performance.

Technological advancements are another crucial driver. Improvements in artificial intelligence (AI), machine learning, and sensor technologies have significantly enhanced the capabilities of household robots. Modern robots are equipped with advanced navigation systems, obstacle detection, and the ability to learn and adapt to the layout of a home. AI-driven features enable these robots to perform tasks more efficiently and autonomously, reducing the need for human intervention. For example, AI-powered lawn mowers can now navigate complex garden layouts, avoid obstacles, and even return to their charging stations independently.

The increasing integration of household robots with smart home ecosystems is propelling market growth. As smart home technology becomes more widespread, consumers are looking for seamless integration of various devices. Household robots that can be controlled via smartphone apps or voice commands through virtual assistants like Amazon Alexa or Google Assistant are highly desirable. This integration allows for greater control and customization, enhancing the user experience and making household robots an integral part of the smart home ecosystem.



                                                           

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 Regional Insights

North America region held largest market share in 2023. In the North American region, the Consumer Robotics Market is driven by a multitude of factors reflecting the region's technological advancement, evolving consumer preferences, regulatory environment, and socioeconomic dynamics. The pervasive integration of robotics into everyday life, propelled by innovations in artificial intelligence, machine learning, and robotics technology, is reshaping the consumer landscape and driving demand for robotic solutions across various sectors.

One of the primary drivers of the Consumer Robotics Market in North America is the increasing adoption of automation and robotics in households, driven by the desire for convenience, efficiency, and improved quality of life. Consumers are embracing robotic solutions that automate routine tasks such as vacuuming, lawn mowing, and home security, freeing up time for leisure activities and personal pursuits. The growing trend towards smart homes and connected devices further accelerates the adoption of consumer robotics, as homeowners seek to integrate robotic assistants into their digital ecosystems for seamless control and monitoring.

Technological advancements play a pivotal role in driving the Consumer Robotics Market in North America. Innovations in robotics hardware, software, and sensor technology have significantly enhanced the capabilities and affordability of consumer-grade robots, making them more accessible to a broader range of consumers. Advanced features such as object recognition, natural language processing, and autonomous navigation enable robots to perform complex tasks with greater precision and efficiency, expanding their potential applications in households.

The COVID-19 pandemic has catalyzed the adoption of consumer robotics in North America, as consumers seek contactless and hygienic solutions to minimize the risk of virus transmission. Robotic devices such as disinfection robots, delivery drones, and telepresence robots have emerged as valuable tools for maintaining cleanliness, facilitating remote communication, and ensuring social distancing in both residential and commercial settings. This shift towards contactless solutions is expected to persist beyond the pandemic, driving sustained demand for consumer robotics in North America.

Recent Developments

  • In October 2024, Epson Robots unveiled the GX-B Series, a new class of high-power-density SCARA robots, powered by the RC700E controller with integrated SafeSense technology. Representing the second generation of robots equipped with advanced GYROPLUS vibration reduction technology, the GX-B Series offers exceptional production speeds, smooth motion control, and rapid settling times.  The series comprises four models: GX4B, GX8B, GX10B, and GX20B. Notably, the GX10B made its debut in the Americas at The Assembly Show in Rosemont, Illinois.

Key Market Players

  • iRobot Corporation
  • Samsung Electronics Co., Ltd.
  • Ecovacs Robotics Co., Ltd.
  • Hasbro Inc.
  • SoftBank Robotics Group Corp.
  • Neato Robotics, Inc.
  • LG Electronics Inc.
  • SharkNinja Operating LLC

By Application

By Connectivity

By Type

By Region

  • Household Robots
  • Social Robots
  • Wi-Fi
  • Bluetooth
  • Autonomous
  • Semi-Autonomous
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Consumer Robotics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Consumer Robotics Market, By Application:

o   Household Robots

o   Social Robots

  • Consumer Robotics Market, By Connectivity:

o   Wi-Fi

o   Bluetooth

  • Consumer Robotics Market, By Type:

o   Autonomous

o   Semi-Autonomous

  • Consumer Robotics Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

§  Belgium

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

§  Indonesia

§  Vietnam

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Chile

§  Peru

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Israel

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Consumer Robotics Market.

Available Customizations:

Global Consumer Robotics market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Consumer Robotics Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]



Table of content

1.     Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.     Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.     Executive Summary

4.     Voice of Customer

5.     Global Consumer Robotics Market Overview

6.     Global Consumer Robotics Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Application (Household Robots, Social Robots)

6.2.2.    By Connectivity (Wi-Fi, Bluetooth)

6.2.3.    By Type (Autonomous and Semi-Autonomous)

6.2.4.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

6.3.  By Company (2023)

6.4.  Market Map

7.     North America Consumer Robotics Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Application

7.2.2.    By Connectivity

7.2.3.    By Type

7.2.4.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Consumer Robotics Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.             By Application

7.3.1.2.2.             By Connectivity

7.3.1.2.3.             By Type

7.3.2.    Canada Consumer Robotics Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.             By Application

7.3.2.2.2.             By Connectivity

7.3.2.2.3.             By Type

7.3.3.    Mexico Consumer Robotics Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.             By Application

7.3.3.2.2.             By Connectivity

7.3.3.2.3.             By Type

8.     Europe Consumer Robotics Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Application

8.2.2.    By Connectivity

8.2.3.    By Type

8.2.4.    By Country

8.3.  Europe: Country Analysis

8.3.1.    Germany Consumer Robotics Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.             By Application

8.3.1.2.2.             By Connectivity

8.3.1.2.3.             By Type

8.3.2.    France Consumer Robotics Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.             By Application

8.3.2.2.2.             By Connectivity

8.3.2.2.3.             By Type

8.3.3.    United Kingdom Consumer Robotics Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.             By Application

8.3.3.2.2.             By Connectivity

8.3.3.2.3.             By Type

8.3.4.    Italy Consumer Robotics Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.             By Application

8.3.4.2.2.             By Connectivity

8.3.4.2.3.             By Type

8.3.5.    Spain Consumer Robotics Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.             By Application

8.3.5.2.2.             By Connectivity

8.3.5.2.3.             By Type

8.3.6.    Belgium Consumer Robotics Market Outlook

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.             By Value

8.3.6.2.        Market Share & Forecast

8.3.6.2.1.             By Application

8.3.6.2.2.             By Connectivity

8.3.6.2.3.             By Type

9.     South America Consumer Robotics Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Application

9.2.2.    By Connectivity

9.2.3.    By Type

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Consumer Robotics Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.             By Application

9.3.1.2.2.             By Connectivity

9.3.1.2.3.             By Type

9.3.2.    Colombia Consumer Robotics Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.             By Application

9.3.2.2.2.             By Connectivity

9.3.2.2.3.             By Type

9.3.3.    Argentina Consumer Robotics Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.             By Application

9.3.3.2.2.             By Connectivity

9.3.3.2.3.             By Type

9.3.4.    Chile Consumer Robotics Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.             By Application

9.3.4.2.2.             By Connectivity

9.3.4.2.3.             By Type

9.3.5.    Peru Consumer Robotics Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.             By Application

9.3.5.2.2.             By Connectivity

9.3.5.2.3.             By Type

10.  Middle East & Africa Consumer Robotics Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Application

10.2.2. By Connectivity

10.2.3. By Type

10.2.4. By Country

10.3.             Middle East & Africa: Country Analysis

10.3.1. Saudi Arabia Consumer Robotics Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.          By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.          By Application

10.3.1.2.2.          By Connectivity

10.3.1.2.3.          By Type

10.3.2. UAE Consumer Robotics Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.          By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.          By Application

10.3.2.2.2.          By Connectivity

10.3.2.2.3.          By Type

10.3.3. South Africa Consumer Robotics Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.          By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.          By Application

10.3.3.2.2.          By Connectivity

10.3.3.2.3.          By Type

10.3.4. Turkey Consumer Robotics Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.          By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.          By Application

10.3.4.2.2.          By Connectivity

10.3.4.2.3.          By Type

10.3.5. Israel Consumer Robotics Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.          By Value

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.          By Application

10.3.5.2.2.          By Connectivity

10.3.5.2.3.          By Type

11.  Asia Pacific Consumer Robotics Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value

11.2.             Market Share & Forecast

11.2.1. By Application

11.2.2. By Connectivity

11.2.3. By Type

11.2.4. By Country

11.3.             Asia-Pacific: Country Analysis

11.3.1. China Consumer Robotics Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.          By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.          By Application

11.3.1.2.2.          By Connectivity

11.3.1.2.3.          By Type

11.3.2. India Consumer Robotics Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.          By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.          By Application

11.3.2.2.2.          By Connectivity

11.3.2.2.3.          By Type

11.3.3. Japan Consumer Robotics Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.          By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.          By Application

11.3.3.2.2.          By Connectivity

11.3.3.2.3.          By Type

11.3.4. South Korea Consumer Robotics Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.          By Value

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.          By Application

11.3.4.2.2.          By Connectivity

11.3.4.2.3.          By Type

11.3.5. Australia Consumer Robotics Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.          By Value

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.          By Application

11.3.5.2.2.          By Connectivity

11.3.5.2.3.          By Type

11.3.6. Indonesia Consumer Robotics Market Outlook

11.3.6.1.     Market Size & Forecast

11.3.6.1.1.          By Value

11.3.6.2.     Market Share & Forecast

11.3.6.2.1.          By Application

11.3.6.2.2.          By Connectivity

11.3.6.2.3.          By Type

11.3.7. Vietnam Consumer Robotics Market Outlook

11.3.7.1.     Market Size & Forecast

11.3.7.1.1.          By Value

11.3.7.2.     Market Share & Forecast

11.3.7.2.1.          By Application

11.3.7.2.2.          By Connectivity

11.3.7.2.3.          By Type

12.  Market Dynamics

12.1.             Drivers

12.2.             Challenges

13.  Market Trends and Developments

14.  Company Profiles

14.1.             iRobot Corporation

14.1.1. Business Overview

14.1.2. Key Revenue and Financials  

14.1.3. Recent Developments

14.1.4. Key Personnel/Key Contact Person

14.1.5. Key Product/Services Offered

14.2.             Samsung Electronics Co., Ltd.

14.2.1. Business Overview

14.2.2. Key Revenue and Financials  

14.2.3. Recent Developments

14.2.4. Key Personnel/Key Contact Person

14.2.5. Key Product/Services Offered

14.3.              Ecovacs Robotics Co., Ltd.

14.3.1. Business Overview

14.3.2. Key Revenue and Financials  

14.3.3. Recent Developments

14.3.4. Key Personnel/Key Contact Person

14.3.5. Key Product/Services Offered

14.4.             Hasbro Inc.

14.4.1. Business Overview

14.4.2. Key Revenue and Financials  

14.4.3. Recent Developments

14.4.4. Key Personnel/Key Contact Person

14.4.5. Key Product/Services Offered

14.5.             SoftBank Robotics Group Corp.

14.5.1. Business Overview

14.5.2. Key Revenue and Financials  

14.5.3. Recent Developments

14.5.4. Key Personnel/Key Contact Person

14.5.5. Key Product/Services Offered

14.6.             Neato Robotics, Inc.

14.6.1. Business Overview

14.6.2. Key Revenue and Financials  

14.6.3. Recent Developments

14.6.4. Key Personnel/Key Contact Person

14.6.5. Key Product/Services Offered

14.7.             LG Electronics Inc.

14.7.1. Business Overview

14.7.2. Key Revenue and Financials  

14.7.3. Recent Developments

14.7.4. Key Personnel/Key Contact Person

14.7.5. Key Product/Services Offered

14.8.             SharkNinja Operating LLC

14.8.1. Business Overview

14.8.2. Key Revenue and Financials  

14.8.3. Recent Developments

14.8.4. Key Personnel/Key Contact Person

14.8.5. Key Product/Services Offered

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Consumer Robotics Market was USD 6.04 Billion in 2023.

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In 2023, the Household Robots segment dominated the market share. This segment's growth within the consumer robotics market is fueled by advancements in AI and machine learning, rising consumer demand for convenience and automation, and an increasing emphasis on smart home integration.

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In 2023, North America dominated the consumer robotics market, holding the largest share. This leadership is fueled by advancements in AI and machine learning, growing consumer demand for smart home devices, and increased disposable incomes.

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The global consumer robotics market is primarily driven by advancements in AI and machine learning, escalating consumer demand for smart home automation, and increasing disposable incomes.

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Sakshi Bajaal

Business Consultant
Press Release

Consumer Robotics Market to Grow with a CAGR of 29.73% through 2029

Jun, 2024

Aging Population and Healthcare Needs, and Growing adoption of robots for personal assistance is expected to drive the market during forecast period.