USD 12.10 billion
Report ID:
SQMIG45I2221 |
Region:
Global |
Published Date: December, 2024
Pages:
199
|Tables:
0
|Figures:
0
Household Robots Market size was valued at USD 12.18 Billion in 2023 and is poised to grow from USD 14.53 Billion in 2024 to USD 50.05 Billion by 2032, growing at a CAGR of 19.32% during the forecast period (2025-2032).
A household robot is an automated machine that performs the functions of cleaning the floor, the pool, the windows, the lawn, etc. with minimal or zero human involvement. As the term indicates, household robots are used not in the industrial but residential setting. Household robot, such as robot vacuum cleaner, is a service robot that assists or serves people by performing a task or a job. The robots have an in-control system that commands the general actions, are mostly autonomous, or semi-autonomous, meaning that it controls the execution of the duty with a high level of self-governance. Additionally, the robots are proficient at connecting to a wi-fi network and utilize houseware for numerous reasons such as education, counselling, and entertainment. Considering the rapid technological advances in cognition, interaction, and manipulation of the robots, the household robots seem more and more appealing. The contribution of technology and other parts suppliers have been instrumental in the progression of the robotics ecosystem. Robots for the home are becoming more and more relevant and practical with every passing day thanks to innovative technologies. The benefits of having a robot in a home are its multitasking abilities. At present, companies are working on a robot that will be able to complete many tasks faster, with more attention to detail, and with minimal noise. As of now, robots can do jobs that will help disabled or elderly people move around. These automated robots also offer personal security, boosting its demand among people.
Global Market Size
USD 12.10 billion
Largest Segment
Robotic vacuum and moping
Fastest Growth
Pool cleaning
Growth Rate
18.8% CAGR
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Global Household Robots Market is segmented by type, component, application, distribution channel and region. Based on type, the market is segmented into domestic (robotic vacuum and mopping, lawn mowing, pool cleaning, window cleaning) and entertainment and leisure (companion robots, robotic toys, educational robots). Based on component, the market is segmented into hardware (sensors, actuators, power supply, control systems), software (AI and machine learning, navigation and mapping, user interface) and service (maintenance and repair, customer support, software updates). Based on application, the market is segmented into vacuuming and mopping, lawn mowing, pool cleaning, companionship, entertainment and education. Based on distribution channel, the market is segmented into online and offline. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Application
Based on application, the robotic vacuum and moping segment is dominating the household robots market with the largest revenue. Most households need professional-grade domestic cleaning products. Nonetheless, home cleaning robot business is seeing an advantageous development opportunity as it provides the advantages of contactless and smart cleaning, when compared to manual services. As a result of the increased demand, companies that design robot vacuums have transformed their distinctive features in brand development and market entry. They are now emphasizing on personalization in their automated cleaning devices. Household robots consist of smart vacuums, social and companion robots, security robots, robot window cleaners, and educational robots.
Based on application, pool cleaning segments are witnessing the fastest growth in household robots market. A small pool cleaning robot is typically propelled by the electric motor. These robots are used for cleaning and vacuuming the bottom while moving. The firm rubber wheels or a specific type of rails are utilized to run around the pool, depending on the brand and model. The rotating or scrubbing brushes are used to eliminate any debris or algae on the water’s surface while the automatic pool cleaning moves through it. One of the significant factors leading the growth of the pool cleaning robot market is the people’s progressively changing urban lifestyle. Furthermore, growth in safety and reliability is also reducing the concerns of the users about relying on such services provided by the robots.
Analysis by Type
Based on type, the domestic robot segment is dominating the household robots market with substantial market share. A domestic robot is the type of a service robot that is mostly used for various housework tasks, but it may also have educational, entertainment, or even therapy purposes. These robots are also known as Homebot. The household robots were used in the cleaning of floors and pools, gardening, security and surveillance, companionship, health care, and even education, among others. Domestic robots are designed to enhance daily living. It can be implemented in everything from self-driving lawnmowers and automatic pool cleaners to pet care robopets and smart house gadgets.
Based on type, the entertainment & leisure robots segment is witnessing the fastest growth in the household robots market. An entertainment robot is a robot designed for the exclusive subjective pleasure of humans, not for utilitarian use in production or domestic services. Robots technologies are deepening their presence in many segments of culture and entertainment. Robots are revolutionizing the way social robots and companion robots interact and entertain. The leisure robots is going to receive more boost due to these benefits. These can engage in conversations, play various games, and even tell jokes. These entertainment & leisure robots are also useful because they can help in everyday activities.
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North America is dominating the household robots market with the largest market share. North America is anticipated to dominate the household robots market growth during the forecast period. The growth is attributed to the increasing need of people to become more comfortable using robots. Robotic services for standard chores, security, and elder care, among others, are being used by smart home automation. In addition, the increasing awareness of environmental concerns is compelling producers to fabricate energy-conserving products. High technology literacy levels and the availability of disposable incomes from the United States, and Canada, among others, are also fostering the installation of robotic applications. As a result, the pressures for innovation are escalating as companies seek to defend themselves and vie for a larger share of this expanding worldwide industry.
Asia Pacific is likely to be witnessing the fastest growth in the household robots market during the forecast period. The uptake of household robots in emerging countries, particularly China, Japan, and India, is a significant factor driving the growing demand and consumption of cleaning robots. Robotic systems have also been rapidly developed by companies in China and Japan, helping in boosting the growth of the cleaning robots market in the region. Moreover, with high levels of domestic production and adoption of technology, the region is expected to be one of the fastest-growing cleaning robots markets. Regional vendors have also been at the forefront of innovation and development in cleaning robots.
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Household Robots Market Drivers
Growing Integration of Smart Home Systems
Increasing Aging Population to Rise Demand for Robots
Household Robots Market Restraints
Increasing Maintenance Expenses
Growing Concern of Using Robots
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The competitive dynamics of the Household Robots market is characterized by a combination of established market leaders and innovative newcomers. Large companies benefit from strong resources and capitalize on their market presence to advance technology and expand the scope of offered products. In their turn, small firms concentrate on narrow market segments and potentially disruptive technologies. Overall, such a variation in market players’ size promotes healthy competition that furthers product improvement and innovation. Increasing emphasis is being placed on numerous partnerships and alliances within the market. Overall, the Household Robots market may be described as a somewhat fragmented sector that is characterized by high innovativeness and rapid adoption. As the market continues developing, for companies to succeed they need to have a thorough understanding of emerging consumer preferences and industry trends.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global household robotics market is profiting from AI and SLAM algorithm improvements, which favor the user-friendliness and durability of the products in question. The devices under consideration are currently used for floor cleaning, education, and elderly care, thereby supporting the Smart Home Concept. The devices under consideration are promoted by such companies as Intuition Robotics, which offered a robot with a machine vision camera and a charging mode that could be applied both indoors and outdoors. From the maintenance and reliability points of view, the robots under analysis can be viewed as exceedingly beneficial as they allow for the incorporation of automation in everyday life and contribute to daily activities’ regularity and productivity. The revenue opportunities in the target market are remarkable as they will be supported by the increasing demand for cost-effective solutions, especially in view of the growing number of people in need of better healthcare provisions.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 12.18 Billion |
Market size value in 2032 | USD 50.05 Billion |
Growth Rate | 19.32% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
Recent Developments
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Household Robots Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Household Robots Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Household Robots Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Household Robots Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG45I2221
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