Consumer robots facilitates human in a way that makes humans capable of creating and controlling machines that are faster, smarter and more resilient than humans. These robots use sensors, actuators, and other interfaces to communicate with the physical surroundings. They are programmable machines and are available in autonomous or semi-autonomous forms. Factors such increasing usage of hand-held computing devices and rising penetration of internet worldwide are creating profitable opportunities for the consumer robots market in the forecast period.
MARKET DYNAMICS
The implementation of artificial intelligence and machine learning in robots, and consumer demand for autonomous and semi-autonomous robotic technology are driving the growth of the consumer robots market. Safety concerns regarding inaccuracies in the operation of robots may restrain the growth of the consumer robots market. Furthermore, outstanding qualities of these robots, such as greater precision, efficiency, and reliability in completing specified tasks are anticipated to create market opportunities for the consumer robots market during the forecast period.
MARKET SCOPE
The "Global Consumer Robots Market Analysis to 2028" is a specialized and in-depth study of the consumer robots market with a special focus on the global market trend analysis. The report aims to provide an overview of consumer robots market with detailed market segmentation by component, type, end user, connectivity, and geography. The global consumer robots market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading consumer robots market players and offers key trends and opportunities in the consumer robots market.
MARKET SEGMENTATION
The global consumer robots market is segmented on the basis of component, type, and end user. On the basis of component the market is segmented into hardware, software, and services. Based on type the market is segmented into autonomous and semi-autonomous. Based on application the market is segmented into healthcare, education, BFSI, IT, retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global consumer robots market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The consumer robots market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting consumer robots market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the consumer robots market in these regions.
MARKET PLAYERS
The reports cover key developments in the consumer robots market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from consumer robots market are anticipated to lucrative growth opportunities in the future with the rising demand for consumer robots market. Below mentioned is the list of few companies engaged in the consumer robots market.
The report also includes the profiles of key consumer robots market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- 3D Robotics, Inc.
- Blue Frog Robotics
- Bossa Nova Robotics
- Ecovacs Robotics
- Honda Motor Co., Ltd
- iRobot Corporation
- Jibo, Inc.
- Neato Robotics Inc.
- RoboDynamics
- SoftBank Robotics