Household Robot Market Overview
“The Household Robot Market is estimated to increase at a CAGR of 18.35% from $ 11.23 billion in 2023 to $ 92 Billion by 2030.”
A household robot is an autonomous service robot primarily used for housework, teaching, entertainment, or treatment. Some are connected to Wi-Fi networks or smart surroundings, making them highly independent and capable of performing various tasks.
Domestic robots can significantly enhance human life quality by performing household tasks, providing personal care, and performing household upkeep. It's crucial to prioritize intersectional elements in robot design, involving collaboration between roboticists and users.
The rising cost of manual labor services, minimal maintenance requirements for maintenance robots, and the widespread adoption of IoT devices are driving a surge in demand for domestic robots, which are increasingly replacing human laborers due to their speed, productivity, and consistency.
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Growth Driving Factors
The market for self-driving robots is expanding due to rising demand for voice and remote chat assistance in both developed and emerging countries. Government efforts worldwide are driving this growth. However, repetitive labor can lead to weariness and a lack of interest in robots. The rapid urbanization and proliferation of smart homes with gadgets are resulting in advancements in AI and cognitive learning, which are expected to boost the growth of the household robotics business.
Domestic robots offer convenience and automation in tasks like lawn mowing, cleaning, and cooking. They are valued for their ability to reduce effort and time. As the older population grows, robots are increasingly needed for healthcare and elder care duties, including monitoring and companionship, due to their growing need for automation.
The demand for household robots is driven by various main aspects.
The market for autonomous technology is expected to grow due to the increasing demand for remote and voice-assisted robots in both developed and developing economies. Traditional vacuums are being replaced by autonomous robots that can self-charge and provide voice instructions. Many homes now have AI and navigational functions, enabling them to navigate obstacles and assist in nighttime operations. This trend is expected to stimulate market prospects.
Household Robot Market Segment Analysis
In 2022, the Household robots’ product segment held the largest market share due to a surge in customer demand for robotic technology with minimal human involvement. The rise in working women in industrialized nations has accelerated the adoption of autonomous and intelligent devices. The market growth is also fueled by the launch of new product lines, such as Google's AI assistant for voice-controlled robot operations.
Domestic robots are expected to dominate the domestic robotics industry, particularly in smart vacuums, which can clean various types of floors like carpet and hardwood. These robots can also perform home activities like mowing and cleaning windows and floors, making them a valuable addition to the market.
Domestic robot demand is increasing due to their integration into home security networks. These intelligent robots can move on various floors and perform common domestic tasks like mowing, mopping, and cleaning windows and floors. The changing lifestyles, particularly in urban areas, are expected to increase demand for these robots. Robotic assistants can monitor their activities and remind clients to take their medications, making them a valuable service for elderly and young clients.
The online channel is predicted to grow at a faster rate than other distribution channels due to reduced operational costs and improved market accessibility. The pandemic's temporary closure of retail establishments and shopping malls has also led to a surge in online sales of domestic robots.
Competitive Landscape of the Household Robot Market Analysis
- Alfred Karcher
- BSH Hausgerate
- Blur Frog Robotics
- Deere & Company
- Bobsweep
- Dyson
- Husqvarna Group
- Ecovacs Robotics
- Samsung
- Neato Robotics
- Miele
- LG
- Lego Group
- Irobot
- Ilife Innovations
New Developments
January 2023 - Roborock Technology Co. Ltd introduced its S8 Series of flagship robot vacuums, including the Roborock S8 Pro Ultra, Roborock S8+, and the Roborock S8. These robots come with the intelligence to easily move around the home, offering hands-off deep cleaning capabilities better than ever before.
October 2022 - Husqvarna Group announced the launch of its first virtual boundary robotic lawn mower for private gardens. Husqvarna Automower NERA can operate with a 2-3 cm precision and take on rough terrain and slopes with up to 50% inclination. The company aims to make gardening and lawn management easy for customers through this launch.
Amazon, in August 2022, merged with iRobot Corporation for the acquisition of iRobot. The company is also aiming to create some innovative cleaning products to offer convenience to customers. Regional Analysis.
Regional Analysis
“The United States is a highly attractive market for suppliers of household robots due to its diverse and diverse product offerings.”
The US autonomous robot demand is expected to reach $2.45 billion by 2022, driven by the widespread adoption of robots and the growing robotics industry, creating profitable opportunities for suppliers in the US.
“The question focuses on which countries in the Asia Pacific region are considered profitable in this area.”
The article discusses government investments in robotics education in China, India, Japan, and South Korea.
household robot sales are expected to grow due to China and Japan's advancements in cutting-edge technologies, advanced cleaning robot production in China, and government spending on educational system restructuring in emerging economies like India, China, Japan, and South Korea.
Segments Covered in the Household Robot Market Report
By Type:
- Domestic
- Entertainment & Leisure
By Component:
By Application:
- Vacuuming
- Lawn Mowing
- Pool Cleaning
- Companionship
- Robot Toys & Hobby Systems
- Elderly Assistance & Handicap Assistance
By Distribution Channel:
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Frequently Asked Questions
What is the expected growth rate of the Household Robot market over the next 7 years?
Household Robot Market is estimated to increase at a CAGR of 18.35% from $ 11.23 billion in 2023 to $ 92 Billion by 2030 | Report 2023 by published by Market Report Service
Who are the major players in the Household Robot market and what is their market share?
Alfred Karcher, BSH Hausgerate, Blur Frog Robotics, Deere & Company, Bobsweep, Dyson, Husqvarna Group, Ecovacs Robotics, Samsung, Neato Robotics, Miele, LG, Lego Group, Irobot, Ilife Innovations, are prominent players operating and dominating in the market.
Who are the top 3 Household Robot Market Key Vendors?
Alfred Karcher, BSH Hausgerate, Blur Frog Robotics, Deere & Company, Bobsweep, are key players in the Household Robot market.
Which geographical areas dominate the worldwide market for Household Robot?
North America region are emerging as the top regional markets for Household Robot solutions.
1.SUMMARY
1.1. Household Robot Market Overview
1.2. Key Insights
1.3. Report Scope
1.4. Research Methodology
1.5. Frequently Asked Questions
1.6. Chapter Outlines
- DECISION-MAKING SUMMARY
- INTRODUCTION
3.1. Overview of Household Robot
3.2. Key Historical Events
3.3. Structure
3.4. Biochemical Interaction
3.5. Target Indications
3.6. Advantages of Household Robot
3.7 Challenges associated with Household Robot
3.8. Future Perspectives.
- MARKET LANDSCAPE
4.1. Methodology
4.2 Household Robot: Developer Landscape
4.2.1. Analysis by Year of Establishment
4.2.2. Analysis by Company Size
4.2.3. Analysis by Location of Headquarters (Region-wise)
4.2.4. Analysis by Location of Headquarters (Country-wise)
4.2.5. Analysis by Year of Establishment, Company Size and Location of Headquarters (Region-wise)
4.2.6. Most Active Players
- COMPANY
5.1. Company Overview
5.1.2 Management Team
5.1.3. Product Portfolio
5.1.4. Recent Developments and Future Outlook
- PARTNERSHIPS AND COLLABORATIONS
6.1. Partnership Models
6.2. Household Robot: Partnerships and Collaborations
6.2.1. Analysis by Year of Partnership
6.2.2. Analysis by Type of Partnership
6.2.3. Analysis by Year and Type of Partnership
6.2.4. Analysis by Type of Partner
6.2.5. Analysis by Year of Partnership and Type of Partner
6.2.6. Analysis by Type of Partnership and Type of Partner
6.2.7. Analysis by Type of Partner and Parent Company Size
- ACADEMIC GRANTS ANALYSIS
7.1. Methodology and Key Parameters
7.2. Household Robot: Academic Grants Analysis
7.2.1. Analysis by Year of Grant Award
7.2.2. Analysis by Amount Awarded
7.2.3. Analysis by Funding Institute Center
7.2.4. Analysis by Support Period
7.2.5. Analysis by Funding Institute Center and Support Period
7.2.6. Analysis by Type of Grant Application
7.2.7. Analysis by Purpose of Grant
- PUBLICATION ANALYSIS
8.1. Analysis Methodology and Key Parameters
8.2. Household Robot: Publication Analysis
8.2.1. Analysis by Year of Publication
8.2.2. Analysis by Type of Publication
8.2.3. Analysis by Type of Conjugate
8.2.4. Analysis by Target Indication
8.2.5. Analysis by Copyright Holder
8.2.6. Word Cloud: Emerging Focus Area
8.2.7. Most Active Publishers: Analysis by Number of Publications
- SUCCESS PROTOCOL ANALYSIS
9.1. Methodology and Key Parameters
9.2. Key Assumptions and Scoring Criteria
9.3. Success Protocol Analysis
9.4. Assessment of Approved Household Robot
- Appendix 1: Tabulated Data
- Appendix 2: List of Companies
- ABB Ltd (Switzerland)
- Siemens AG (Germany)
- Cognex Corporation (U.S.)
- Schneider Electric SE (France)
- Honeywell International Inc. (U.S.)
- Emerson Electric Co. (U.S.)
- Rockwell Automation, Inc. (U.S.)
- General Electric Company (U.S.)
- Robert Bosch GmbH (Germany)
- Cisco Systems Inc. (U.S.)
