The consumer robotics market forecast 2020-2027 report provides comprehensive coverage of the market through market segments, in-depth regional level analysis, and identifies the key drivers, restraints, growth opportunities, and competitive scenarios in the market. The consumer robotics market report offers extensive insight and analysis of the market over the next six years (2020-2027) and evaluates the impact of the COVID-19 outbreak on the industry.
Consumer Robotics Market Overview
The accelerating consumer demand for both autonomous and semi-autonomous robotic technology, the rising usage of hand-held computing devices, and the increasing penetration of the internet worldwide are the key factors contributing to the growth of the consumer robotics market size over the coming years. The consumer robots provide an enhanced working environment to humans, thus giving them additional speed and accuracy in performing any task. In this era of modernization, the increasing implementation of artificial intelligence and machine learning in robots is bringing numerous growth opportunities in the consumer robotics market.
The decline in the prices of these robots owing to the continuous technological development by the manufacturers around the world will further surge the demand for these robots. The other major factors accelerating the growth of the consumer robotics market include the remarkable advantages offered by these robots, such as improved precision, efficiency, and reliability in performing specific work. All these factors are further propelling the demand of the market.
Consumer Robotics Market Competitive Rivalry
The consumer robotics market report includes an analysis of the competitive landscape present in the consumer robotics market. It includes an assessment of the existing and upcoming trends that players can invest in. The leading players in the consumer robotics market are Neato Robotics Inc., Pillo Health Inc., UBTECH Robotics, iRobot Corporation, Sphero, WowWee Group Limited, Pai Technology, Gaussian Robotics, Mira Robotics Inc., Blue Frog Robotics, and Ecovacs Robotics, among others.
Consumer Robotics Market Segmentation
On the basis of type, the consumer robotics market report represents the market share, revenue, and growth rate of each type, which is further divided into
• Autonomous
• Semi-Autonomous
On the basis of application, the consumer robotics market report studies the market share, revenue, and growth rate of each application, which is further divided into
• Household Robots
• Social Robots
• Entertainment Robots
• Educational Robots
• Others
On the basis of connectivity, the consumer robotics market report focuses on the market share, revenue, and growth of each connectivity, which is further divided into
• Wifi
• Bluetooth
• Others
Geographic Segmentation
The consumer robotics market report splits the market into North America, Europe, Asia Pacific, and the Rest of the World, with revenue, market share, and growth rate of all of these regions, from 2020-2027:
• North America
o United States of America
o Canada
• Asia Pacific
o China
o Japan
o India
o Rest of APAC
• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
• RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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