Household Robots market is anticipated to grow at a CAGR of 19.3% during the forecast period (2024-2031). Household Robots can perform duties like cleaning the floor, pool, windows, lawn and can connect to wi-fi networks efficiently used for various purposes, including training, counseling, and entertainment.
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An important turning point in the development of home robots is the continuous growth of Artificial Intelligence (Al) technologies. Businesses are working towards creating new robot models with sophisticated features and capabilities. The market is witnessing a transition from single-task robots (like vacuum cleaners) to multi-tasking robots like the Samsung Jet Bot Al+, which has features like item detection and self-emptying. Furthermore, niche robots catering to certain requirements like pet sitting, senior citizen support, and amusement are developing. For instance, in October 2021, AIRROBO, the smart home appliance brand with a focus on AI-enabled technologies, supported by world-leading AI and humanoid robotic company, UBTECH Robotics, AIRROBO launched its two new products — the AIRROBO Robot Vacuum T10+ and the AIRROBO Robot Vacuum T9. It provides users with a 45-day hands-free cleaning experience and an allergy-friendly environment when it comes to cleaning.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Household Robots Market Report Segment
By Type
- Domestic
- Entertainment
- Leisure
By Component
- Hardware
- Software
- Service
By Application
- Vacuuming & Mopping
- Lawn Mowing
- Pool Cleaning
- Companionship
By Distribution Channel
- Online
- Offline
Global Household Robots Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global household robots market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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