Authored By: Sarah
11 Jul 2024

 Household Robots Market Size to grow by USD 13.26 billion between 2024-2028

According to a research report “ Household Robots Market” by Type (Domestic, Entertainment, leisure robots) Distribution Channel (Online, Offline) Geography (North America, Europe, APAC, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 13.26 billion, at a CAGR of  18.01% during the forecast period. The Household Robots Market is experiencing significant growth due to increasing consumer demand for automation and convenience. Key players in this market are investing heavily in research and development to introduce advanced technologies and features. Smart home integration, voice recognition, and energy efficiency are among the primary focus areas for manufacturers. The market is expected to reach new heights in the coming years, driven by increasing disposable income and urbanization.

Browse market data tables, figures, and in-depth TOC on “Household Robots Market” by Type (Domestic, Entertainment, leisure robots) Distribution Channel (Online, Offline) Geography (North America, Europe, APAC, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample

 

By Type, the Domestic segment is projected to dominate the market size in 2024

The online segment of the global household robots market is projected to lead the market growth with a robust double-digit CAGR throughout the forecast period. This trend can be attributed to the expanding penetration of the Internet and smartphones, particularly in emerging economies such as India. The burgeoning e-commerce industry globally is significantly contributing to the expansion of the online segment in the household robots market. Major market players, including Dyson, Samsung, and others, have adopted e-commerce platforms as a primary distribution channel to cater to the increasing consumer preference for online shopping.

By Distribution Channel, Online  segment is expected to hold the largest market size for the year 2024

The domestic segment of the global household robotics market is witnessing significant expansion due to the increasing consumer preference for robotic solutions that automate everyday household tasks. The demand for convenience and time-saving devices is driving the growth of domestic household robots. Robotic vacuum cleaners, automated mops, and smart home assistants are among the popular products addressing consumers' desire for more efficient ways to manage their homes. Advancements in artificial intelligence (AI) and sensor technologies are enhancing the capabilities of domestic robots, enabling them to navigate and perform tasks more intelligently. These advancements include features such as obstacle avoidance, adaptive cleaning patterns, and learning from user behavior. The integration of AI and sensor technologies empowers domestic robots to provide more personalized and effective assistance, thereby fueling their adoption.

North America is forecasted to hold the largest market size by region in 2024

The North American household robots market is experiencing significant growth, driven primarily by the United States and Canada. This expansion can be attributed to the increasing popularity and sales of robotic lawnmowers and vacuums, as well as the IoT boom and the widespread adoption of autonomous technologies in the region. The market for consumer robotics is thriving in North America, with the use of remote-controlled household robots becoming increasingly common. This trend is expected to continue, contributing substantially to the global household robots market's growth during the forecast period.

The Household Robots Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AIRROBO
  • Alfred Karcher SE and Co KG
  • Beijing Roborock Technology Co. Ltd.
  • BLUE FROG ROBOTICS SAS
  • Bobsweep Inc.
  • Dyson Group Co.
  • Ecovacs Robotics Co. Ltd.
  • Hayward Holdings Inc.
  • Husqvarna AB
  • ILIFE INNOVATION Ltd.
  • iRobot Corp.
  • LG Electronics Inc.
  • Maytronics Ltd.
  • Miele and Cie. KG
  • Panasonic Holdings Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Stanley Black and Decker Inc.
  • Vorwerk Deutschland Stiftung and Co. KG
  • Xiaomi Communications Co. Ltd.
.

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Research Analysis Overview

The Household Robots Market is experiencing significant growth as more and more households integrate intelligent automation into their daily routines. Companies like Intuition Robotics are leading the charge with innovative robots designed for various applications, such as elderly care and entertainment. These robots often incorporate machine vision cameras for improved performance and accuracy. Two popular household robot applications are floor cleaning and smart home concept. Vacuum cleaner robots offer speed, productivity, consistency, and reliability, reducing the need for human labor force and maintenance. For elderly care, robots can provide companionship, alleviate boredom, and offer usability and convenience. IoT devices and Artificial Intelligence technologies are key drivers in the household robot market. Robots can be programmed to learn and adapt, increasing their focus on specific tasks. Machine vision cameras and charging capabilities ensure endurance capability, while entertainment features add an extra layer of interest. As the market continues to evolve, households will increasingly rely on these robots for labor services, convenience, and usability. The integration of AI and IoT devices will further enhance their capabilities, making household robots an essential part of modern living.

Market Research Overview

The Household Robots Market is experiencing significant growth with the integration of IoT-Enabled Robots into various applications such as vacuum cleaning, elderly care, entertainment, home security, and industrial usage. Companies like Intuition Robotics are leading the way with innovative technology like machine vision cameras and AI assistants. Vacuum cleaners have evolved from conventional models to smart vacuums with Wi-Fi connectivity, navigation features, and voice commands. The smart home concept is driving demand for cleaning robots, especially among working women and the elderly population. Robots are being used for monitoring, lawn mowing, and even companionship. Emerging trends include autonomous driving robots, order-picking systems, and digital transformation in industries. The market for household robots is expanding rapidly, with new players entering the scene. Robotic vacuums, hobby systems, robot toys, and handicap assistance robots are gaining interest from consumers. However, factors like maintenance and repair, in-person assistance, and customer support are crucial for market growth. The market is driven by the need for productivity, consistency, and reliability, as well as the motivation to reduce overhead expenses and labor service costs. The global population's aging and the increasing adoption rate of smart devices are major factors fueling the market's revenue potential. However, regulatory issues, cost-efficiency, and protection of personal information are challenges that need to be addressed. Major market players include Amazon Astro, iRobot, and LG, among others. The market is expected to grow significantly in developed countries with a better healthcare system and a rapidly increasing aging population. The availability of affordable robots, accessibility to smart appliances, and the convenience they offer are key factors driving the market's growth.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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