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Global Household Robots Market: By Offering: Products, Services; By Type: Domestic, Entertainment and Leisure; By Application: Vacuuming, Lawn Mowing, Pool Cleaning, Companionship, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Household Robots Market Outlook

The global household robots market stood at a value of nearly USD 3 billion in 2020. The industry is further expected to grow at a CAGR of 22% over the forecast period of 2021-2026.

 

One of the major factors driving the industry is the rising consumer demand for autonomous robotic technology. The need to minimise human intervention and enhance efficiency is leading to the increased adoption of household robots globally.

 

Global Household Robots Market

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Properties and Applications

The household robot is a service robot that performs an activity or a job to help people. Such robots are autonomous and controlled by an integrated in-control system. It conducts tasks with a high degree of autonomy and can easily connect to wi-fi networks and is used for different purposes, such as training, counselling, and entertainment.

 

Global Household Robots Market by Offering

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The global household robots market can be broadly categorised based on segments like offerings, types, applications, and regions.

  • Offering:
    • Products 
    • Services
  • Type:
    • Domestics
    • Entertainment and Leisure
  • Application:
    • Vacuuming
    • Lawn Mowing
    • Pool Cleaning
    • Companionship
    • Elderly Assistance and Handicap systems
    • Robots Toys and Hobby Systems
    • Others

The EMR report looks into the regional household robots markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Household Robots Market by Region

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Market Analysis

The global household robots industry is being driven by the growing demand for autonomous robots, the increased awareness regarding robotics applications, the increased concern for safety, and the rapid advancement in technology. The growing R&D investments with a focus on improving robots' endurance capability is expected to generate lucrative growth opportunities for the global household robotics industry over the forecast period. However, one of the major factors that may hamper the growth of the industry is high initial investments and high maintenance cost of the product.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global household robots market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • iRobot Corporation (NASDAQ: IRBT)
  • Neato Robotics, Inc.
  • Samsung Electronics Co., Ltd. 
  • Ecovacs Robotics
  • Alfred Kärcher SE & Co. KG
  • Dyson Ltd
  • LG Electronics, Inc.
  • Intuitive Surgical Inc. 
  • Others

The EMR report gives an in-depth insight into the household robots market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Offering, Type, Application, Region
Breakup by Offering Products, Services
Breakup by Type Domestic, Entertainment and Leisure
Breakup by Application Vacuuming, Lawn Mowing, Pool Cleaning, Companionship, Elderly Assistance and Handicap Systems, Robot Toys and Hobby Systems, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered iRobot Corporation (NASDAQ: IRBT), Neato Robotics, Inc., Samsung Electronics Co., Ltd. (KRX: 005930), Ecovacs Robotics, Alfred Kärcher SE & Co. KG, Dyson Ltd, LG Electronics, Inc., Intuitive Surgical Inc. (NASDAQ: ISRG), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Household Robots Market Analysis
    6.1    Global Household Robots Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Household Robots Market Breakup by Offering
        6.2.1    Products 
        6.2.2    Services
    6.3    Global Household Robots Market Breakup by Offering: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Products 
        6.3.2    Services
    6.4    Global Household Robots Market Breakup by Type
        6.4.1    Domestic 
        6.4.2    Entertainment and Leisure 
    6.5    Global Household Robots Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Domestic 
        6.5.2    Entertainment and Leisure 
    6.6    Global Household Robots Market Breakup by Application
        6.6.1    Vacuuming 
        6.6.2    Lawn Mowing 
        6.6.3    Pool Cleaning 
        6.6.4    Companionship 
        6.6.5    Elderly Assistance and Handicap Systems 
        6.6.6    Robot Toys and Hobby Systems 
        6.6.7    Others
    6.7     Global Household Robots Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Vacuuming 
        6.7.2    Lawn Mowing 
        6.7.3    Pool Cleaning 
        6.7.4    Companionship 
        6.7.5    Elderly Assistance and Handicap Systems 
        6.7.6    Robot Toys and Hobby Systems 
        6.7.7    Others
    6.8    Global Household Robots Market by Region
        6.8.1    North America
            6.8.1.1    United States of America
            6.8.1.2    Canada
        6.8.2    Europe
            6.8.2.1    Germany
            6.8.2.2    United Kingdom
            6.8.2.3    France
            6.8.2.4    Italy
            6.8.2.5    Others
        6.8.3    Asia Pacific
            6.8.3.1    China
            6.8.3.2    Japan
            6.8.3.3    India
            6.8.3.4    ASEAN
            6.8.3.5    Others
        6.8.4    Latin America
            6.8.4.1    Brazil
            6.8.4.2    Argentina
            6.8.4.3    Mexico
            6.8.4.4    Others
        6.8.5    Middle East & Africa
            6.8.5.1    Saudi Arabia
            6.8.5.2    United Arab Emirates
            6.8.5.3    Nigeria
            6.8.5.4    South Africa
            6.8.5.5    Others
    6.9    Global Household Robots Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    North America
            6.9.1.1    United States of America
            6.9.1.2    Canada
        6.9.2    Europe
            6.9.2.1    Germany
            6.9.2.2    United Kingdom
            6.9.2.3    France
            6.9.2.4    Italy
            6.9.2.5    Others
        6.9.3    Asia Pacific
            6.9.3.1    China
            6.9.3.2    Japan
            6.9.3.3    India
            6.9.3.4    ASEAN
            6.9.3.5    Others
        6.9.4    Latin America
            6.9.4.1    Brazil
            6.9.4.2    Argentina
            6.9.4.3    Mexico
            6.9.4.4    Others
        6.9.5    Middle East & Africa
            6.9.5.1    Saudi Arabia
            6.9.5.2    United Arab Emirates
            6.9.5.3    Nigeria
            6.9.5.4    South Africa
            6.9.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1    iRobot Corporation (NASDAQ: IRBT)
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Neato Robotics, Inc.
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    Samsung Electronics Co., Ltd. (KRX: 005930)
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Ecovacs Robotics
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Alfred Kärcher SE & Co. KG
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    Dyson Ltd
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    LG Electronics, Inc.
        9.7.1    Company Overview
        9.7.2    Financial Analysis
    9.8    Intuitive Surgical Inc. (NASDAQ: ISRG)
        9.8.1    Company Overview
        9.8.2    Financial Analysis
    9.9    Others
10    Industry Events and Developments

Key Questions Answered in the Report

In 2020, the global household robots market attained a value of nearly USD 3 billion.

The market is projected to grow at a CAGR of 22% between 2021 and 2026.

The major drivers of the industry include autonomous robots, the increased awareness regarding robotics applications, the increased concern for safety, and the rapid advancement in technology.

The rising consumer demand for autonomous robotic technology is expected to be a key trend guiding the growth of the industry.

The two types of household robots available are domestics and entertainment and leisure.

Household robots finds applications as vacuuming, lawn mowing, pool cleaning, companionship, elderly assistance and handicap systems, and robots toys and hobby systems, amongst others.

Household robots may be offering products and services.

The leading players in this market are iRobot Corporation (NASDAQ: IRBT), Neato Robotics, Inc., Samsung Electronics Co., Ltd., Ecovacs Robotics, Alfred Kärcher SE & Co. KG, Dyson Ltd, LG Electronics, Inc., and Intuitive Surgical Inc., amongst others.

Analyst Review

The global household robots market attained a value of USD 3 billion in 2020, driven by the autonomous robots, the increased awareness regarding robotics applications, the increased concern for safety, and the rapid advancement in technology. Aided by rising consumer demand for autonomous robotic technology, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 22%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the type, the household robots’ market can be segmented into domestics, and entertainment and leisure. By application, the industry can be divided into vacuuming, lawn mowing, pool cleaning, companionship, elderly assistance and handicap systems, and robots toys and hobby systems, amongst others. Household robots may be offering products and services. The leading players in this market are iRobot Corporation (NASDAQ: IRBT), Neato Robotics, Inc., Samsung Electronics Co., Ltd., Ecovacs Robotics, Alfred Kärcher SE & Co. KG, Dyson Ltd, LG Electronics, Inc., and Intuitive Surgical Inc., amongst others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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