Market Analysis
Market Research Future (MRFR) estimates the global Household Robot Market Size to surpass USD 8.5 billion at a CAGR of 15.5% from 2018 to 2025 (forecast period).
A Household Robot Market Demand is a type of service robot that aids humans by performing an activity or a job. These robots are autonomous and are operated by an in-built control system. It can easily connect to WI-FI networks and performs activities with a high degree of autonomy. It is used for a variety of applications, including education, therapy, and entertainment. The global household robot market is predicted to expand dramatically in the future years.
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Market Segmentation
The worldwide Robots for Home Market has been segmented into components, types, and applications.
By component, the worldwide Robots for Home Market has been segmented into products and services.
By type, the worldwide household robot market has been segmented into domestic and entertainment.
By application, the worldwide household robot market has been segmented into house cleaning, lawn mowing, companionship, toys & hobby systems, elderly assistance, others.
Regional Analysis
Region-wise, the worldwide Robots for Home Market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.
North America is a massive market with tremendous development potential for housecleaning robots. The domestic robotics market in North America is backed by a thriving robotics sector and widespread acceptance of robotic technology.
Europe is currently in second place. A growing senior population is driving demand for elderly assistance robots, while younger people want companionship robots and robotic toys.
Key Players
Samsung Electronics Co. Ltd (South Korea), iRobot (US), Neato (US), LG Electronics Inc (South Korea), Ecovacs (China), Dyson (UK), Alfred Kärcher (Germany), Lego (Denmark), John Deere (US), iLife Innovation (China), BSH Hausgeräte (Germany), Miele (Germany), Robomow (Israel), Blue Frog Robotics (France), Husqvarna (Sweden).
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