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Report Overview

The global household robots market attained a value of nearly USD 5.45 billion in 2023. The market is further expected to grow at a CAGR of 22% during the forecast period of 2024-2032 to reach a value of USD 32.60 billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Household Robots Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 5.45
Market Size 2032 USD Billion 32.60
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 22.0%
CAGR 2024-2032 - Market by Region Asia Pacific 28.5%
CAGR 2024-2032 - Market by Country India 35.3%
CAGR 2024-2032 - Market by Country China 27.3%
CAGR 2024-2032 - Market by Offering Product 24.2%
CAGR 2024-2032 - Market by End Use Companionship 25.1%
Market Share by Country 2023 France 2.7%

Global Household Robots Market

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Household Robots Market Trends

One of the major factors driving the growth of the household robots market 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.

Recent Developments

As per the household robots market dynamics and trends, Apple is exploring new opportunities in the development of home robots. The hardware engineers and the AI and ML provider group of the company are working together for the development of this new product.

Household Robots Market Growth

The global household robots demand 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 are expected to generate lucrative growth opportunities for the global industry over the forecast period. However, one of the major factors that may hamper the growth of the industry is the high initial investments and high maintenance cost of the product.

Industry Outlook

According to the household robots industry analysis, as per the industry experts in 2023 around 39% of the household tasks can be performed by AI and robots in the coming decade. As per a survey conducted on AI experts in the UK and Japan, domestic tasks such as grocery shopping are most likely to be automated in the coming years, whereas tasks such as taking care of elders are least likely to be automated.

As per the data from the International Federation of Robotics, the number of domestic household robots was expected to rise to 31 million between 2016 and 2019. The vacuum and cleaning robots were expected to be the most popular, accounting for around 96% of the total domestic robots, which was expected to aid the growth of the domestic household robots industry.

As per the industry reports in March 2024, MIT engineers are developing household robots that will have some common sense. These engineers are developing a method that can connect the robot motion data with the “common sense knowledge” of large language models. This method will allow the robots to focus on a task and adjust to any disruptions that may interfere with it. It will allow the robots to carry out complicated domestic tasks without much room for error. This capability can aid the household robots demand and consequently the household robots industry revenue.

Increasing Demand for Automated Solutions and Technological Advancements Drive the Success of the Global Market

  • Increasing demand for automated solutions for household chores due to busy lifestyles.
  • Technological advancements in AI, machine learning, and sensor technology can aid household robots demand growth.
  • Rising disposable income.
  • Increased demand from elderly individuals.

Challenges Impacting the Global Market Include High Costs, Maintenance Issues, and Data Privacy Concerns

  • High initial cost for purchasing advanced household robots.
  • Maintenance and reliability issues.
  • Data privacy and security concerns can negatively impact household robots demand forecast. 
  • Integrating robots with existing smart home ecosystems.

Key Trends Shaping the Global Market Focus on Multi-Functionality, Control Technologies, and Subscription Models

  • Multi-functionality of robots.
  • Voice and gesture control technologies for easy operation.
  • Focus on designing compact and aesthetic designs can increase household robots market opportunities.
  • Subscription-based models for regular maintenance and software updates.

Threats and Challenges in the Global Market Arise from Economic Downturns, Technological Changes, and Market Competition

  • Economic downturns affecting consumer spending on non-essential products.
  • Rapid technological changes.
  • Intense market competition.
  • Navigating diverse regulations and standards across regions aids demand of household robots market.

Key Players in the Global Market and Their Strategic Initiatives

Neato Robotics

  • Innovative Product Development: Invests heavily in R&D to develop advanced household robots with superior cleaning capabilities, enhanced navigation, and smart home integration, which can boost household robots market value.
  • Customer-Centric Solutions: Prioritizes customer satisfaction by offering customizable solutions and robust after-sales support, engaging with consumers through digital marketing and social media to build strong brand loyalty.

Samsung Electronics Co., Ltd

  • Sustainability and Eco-friendly Practices: Focuses on sustainable practices by using eco-friendly materials and promoting energy-efficient designs, attracting eco-conscious consumers.
  • Advanced Manufacturing Techniques: Leveraging advanced manufacturing techniques such as automation and 3D printing to improve production efficiency and reduce costs, ensuring high quality and reliability is a crucial trend in household robots market.

Ecovacs Robotics Co., Ltd

  • Strategic Partnerships and Acquisitions: Expands market presence through strategic partnerships and acquisitions, enhancing product portfolios, entering new geographic markets and increasing household robots market value.

LG Corporation

  • Integration of AI and IoT: Incorporates AI and IoT technologies into household robots, creating smarter and more connected home ecosystems, enhancing product functionality and user experience.

iRobot Corporation

  • Global Expansion and Localization: Pursues global expansion by establishing new manufacturing and R&D facilities in key regions, tailoring products to meet regional preferences and regulatory requirements.

Global Household Robots Market by Offering

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Household Robots Industry Segmentations

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.

The global household robots industry 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 markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

CAGR 2024-2032 - Market by Country
India 35.3%
China 27.3%
Brazil 24.0%
Australia 19.4%
Japan 17.0%
USA XX%
Canada XX%
UK XX%
Germany 16.2%
Saudi Arabia XX%
Mexico XX%
France 15.4%
Italy 13.8%

Competitive Landscape

The report presents a detailed analysis of the following key players in the global household robots industry, 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 industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

Global Household Robots Market by Region

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Household Robots Market Regional Analysis

The Asia Pacific accounts for a major household robots industry share owing to the rise in disposable income as well as the growing technological innovations in China and Japan. The rising development of cleaning robots in China is also fuelling the market growth.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Puresight Systems Private Limited
  • Neato Robotics, Inc.
  • Samsung Electronics Co., Ltd.
  • Ecovacs Robotics, Inc.
  • Alfred Kärcher SE & Co. KG
  • Dyson Limited
  • LG Electronics Inc.
  • 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.

Household Robots Market Report Snapshots

Household Robots Market Size

Household Robots Market Growth

Household Robots Market Trends

Household Robots Companies

Household Robots Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global household robots market attained a value of nearly USD 5.45 billion.

The market is projected to grow at a CAGR of 22% between 2024 and 2032.

The major drivers of the market include autonomous robots, increased awareness regarding robotics applications, rising concerns for safety, and the rapid advancements in technology.

The improved accessibility of household robots and rising consumer demand for autonomous robotic technology are expected to be key trends guiding the growth of the market.

The two types of household robots available in the market are domestic, and entertainment and leisure.

The different applications of household robots include vacuuming, lawn mowing, pool cleaning, companionship, elderly assistance and handicap systems, and robot toys and hobby systems, amongst others.

The primary offerings in the market are products and services.

The leading players in this market are Puresight Systems Private Limited, Neato Robotics, Inc., Samsung Electronics Co., Ltd., Ecovacs Robotics, Alfred Kärcher SE & Co. KG, Dyson Limited, and LG Electronics Inc., among others.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 32.60 billion by 2032.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124