Home Robots Market by Supply, Type, Distribution Channel, Application, and Geography - Global Forecast to 2027 - ResearchAndMarkets.com

Home Robots Market by Supply, Type, Distribution Channel, Application, and Geography – Global Forecast to 2027 – ResearchAndMarkets.com

Dublin – (work wire)–The Global Home Robots Market By Presentation (Products, Services), Type (Home, Entertainment, Entertainment), Distribution Channel (Online, Offline), Application (Vacuuming, Lawn Mowing, Swimming Pool Cleaning) and Geography – Forecast until 2027″ Report added to ResearchAndMarkets.com Show.

The global home robotics market is expected to grow from US$ 9.2 billion in 2022 to US$ 19.3 billion by 2027, at a compound annual growth rate of 16.0% during the forecast period from 2022 to 2027.

Increasing demand for robots in the domestic sector, increasing use of IoT in robotics for cost-effective predictive maintenance, increasing government initiatives to develop robotic technologies, and growing demand for autonomous robots are among the major driving factors for the home robots market.

The online distribution channel has seen growth amid the global pandemic

The COVID-19 pandemic has positively affected the home robotics market, most notably because of the hygiene factor. The demand for online channels has increased even more during the pandemic. Companies offer product setup and installation services that help users to purchase products online without hesitation.

The third-party delivery provider has begun using additional precautions to encourage consumers to buy without reservations about infection.

China accounts for the largest share of the home robotics market in the Asia-Pacific region during the forecast period

China has the largest market share in the home robotics market and is expected to hold its position during the forecast period. China is the fastest developing country in the Asia Pacific region. Product innovation, as seen in robotic vacuum cleaners, has boosted the growth and acceptance of these products among consumers in China.

China’s growing middle-class demand for household cleaning, home security and surveillance is driving the market. Advanced connectivity features and the availability of a variety of robotic vacuums are major reasons for the increased adoption of robotic vacuums over the years.

market dynamics

drivers

  • The growing demand for robots in the domestic sector

  • Growing demand for autonomous robots

  • Increased use of IoT in robotics for cost-effective predictive maintenance

  • Increase government initiatives to develop robotic technologies

limitations

  • Legal safety and data protection regulations

chances

  • Increasing focus on improving the endurance of robots

  • Various upgrades for home robots in elderly assistance applications

Challenges

  • Programming robots to work safely with humans

  • Making home robots affordable and globally available

mentioned companies

  • Beijing Roborock Technology Co., Ltd. Ltd.

  • Bissell, Inc.

  • Blue Frog Robots

  • Popsweep

  • Cecotec Innovaciones SL

  • Derry & Co

  • Dyson Limited

  • Ecovacs Robotics Co., Ltd.

  • Hayward Holdings, Inc.

  • Husqvarna Group

  • Ilife Innovation Limited

  • irobot company

  • LEGO A/S

  • LG Electronics, Inc.

  • Maytronics Co., Ltd.

  • Milli

  • Monoprice, Inc.

  • Neato Robotics, Inc.

  • Robomo

  • Samsung Electronics Co., Ltd.

  • Sharkninja Run LLC

  • Sharp Company

  • Timmy

  • Ubtech Robotics, Inc.

  • Xiaomi company

For more information about this report visit https://www.researchandmarkets.com/r/fgpide

#Home #Robots #Market #Supply #Type #Distribution #Channel #Application #Geography #Global #Forecast #ResearchAndMarketscom

Leave a Comment

Your email address will not be published. Required fields are marked *