Market Highlights
The global consumer robotics market is spanned across Americas, Europe, Asia Pacific, and Rest of world. North America dominates the consumer robotics market. With the technological advancement of in robotics, which is integrated with voice and speech recognition, gesture control and others are propelling market growth to the large extent. With the huge requirement of high speed internet connectivity, which is propelling market growth of the Consumer Robotics Market to the large extent. With the advancement in technologies, such as artificial intelligence and machine learning which is integrated with consumer robotics are widely used among users.
The North American region is experiencing a higher demand due to advancements in navigation systems and artificial intelligence, which is driving the Consumer Robotics Market growth. The prominent companies such iRobot Corporation (U.S), 3D Robotics (U.S.), Jibo, Inc. (U.S.), Intuitive Surgical Inc. (U.S), Hasbro, Inc. (U.S), are providing consumer robotics solutions in the market. These major players are investing in manufacturing of consumer robotics and providing solution across the world.
The global consumer robotics market is expected to reach USD ~ 17 billion at a CAGR of over 19% by the end of the forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Consumer Robotics Market Research Report -Forecast to 2023”.
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Segmentation of Consumer Robotics Market:
The global consumer robotics market is segmented into types, components, verticals, and region. The type is segmented into task robots, surveillance robots, entertainment robots, security robots, educational robots, personal robots, and others. The components are segmented into processors, communications technologies, software, microcontrollers, displays, cameras, actuators, power supplies, sensors, manipulators, mobile robots, mobile platforms, wheels, legs, hopping, ball, walking, and others. The verticals segment is sub-segmented into telepresence robots, educational robotics kits, UAVs, healthcare robotics and industrial robotics and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.
Key Players
Some of the prominent players in the global consumer robotics market iRobot Corporation (U.S), Samsung Electronics Co., Ltd. (South Korea), LG Electronics Inc. (South Korea), Hasbro, Inc. (U.S), WowWee Group Limited (Hong Kong), Parrot SA (France), Google Inc. (U.S), Honda Motors Company Ltd. (Japan), Intuitive Surgical Inc. (U.S), MAKO Surgical Corporation (Florida), Neato Robotics (U.S), Dà-Jiāng Innovations Science and Technology Co., Ltd (China), 3D Robotics (U.S.), Jibo, Inc. (U.S.), Blue Frog Robotics (France), among others.
Regional Analysis
The regional analysis of Consumer Robotics Market is studied for regions such as Asia Pacific (China, Japan, and India), North America (the U.S., Mexico, and Canada), Europe (the U.K, Germany) and Rest of the World. North America is one of the leading regions of the world in terms of market share. The consumer robotics market in this region has a huge demand due to the technological advancements in robotics, which is propelling the market growth to a large extent. The consumer robotics market in Europe is expected to witness rapid growth in the forthcoming period due to huge demand for sensors in this region. Whereas, Asia Pacific countries such as China, Japan, and India is an emerging consumer robotics market, which is expected to grow at the highest CAGR in the coming years. China is a major hub for electronics devices, which is boosting the market growth of consumer robotics market to the large extent.
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Intended Audience
- Consumer robotics companies
- Consumer robotics providers
- Technical universities
- System integrators
- Managed Security Service Providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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