September 13th, 2022
The Global Consumer Robotics Market Size Was Valued at USD 6.99 Billion in 2021, and is Projected to Reach USD 42.72 Billion By 2028, Growing at A CAGR of 29.5 % From 2022 to 2028.
Consumer robots and robotic gadgets are designed for everyday use, usually in a household or personal setting. Household robots, vacuum robots, lawn mowing robots, pool cleaning robots, and other robotic devices are among them. In 2016, robot vacuum cleaners accounted for 20% of all vacuum cleaners sold. They've risen to 23% in 2017 and are continuing to rise. Even though most people identify domestic robots with vacuum cleaners and Roombas, most traditional household product businesses have entered the robotics market. Robots used to be science fiction fantasies, but that is no longer the case. With worldwide spending on robots, the robotics market is taking off and will continue to rise. Consumer demand for autonomous and semi-autonomous robotic technology, as well as the expanding use of hand-held computer devices and internet penetration around the world, are all contributing to the global consumer robotics market's rise. Simultaneously, these robots provide humans with a better working environment, allowing them to complete tasks faster and more accurately. The incorporation of artificial intelligence and machine learning in robots has offered endless potential opportunities for the consumer robotics industry in this era of modernization.
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Important insights revealed in this Consumer Robotics Market report will enhance the financial progression of the global market through which generating huge revenues is possible for business players. Along with covering regional analysis, it also attempts to shed light on competitive assessment for the forecast time span 2022-2028. Moreover, it flashes light on some efficient sources to apply in the business for accomplishing effective results and huge revenues. This Consumer Robotics Market research report equally focuses on some of the most vital ways to deal with risks involved in the business. It further captures market challenges, market dynamics including drivers and restraints and pricing structure. By knowing this information, it becomes easy for market players to ease the business processes and lead business towards successful path.
Key Players of the Consumer Robotics Market:
Blue Frog Robotics (France),MAKO Surgical Corporation (US),Parrot SA (France),Honda Motors Company Ltd. (Japan),Neato Robotics (US),LG Electronics Inc. (South Korea),WowWee Group Limited (Hong Kong),Jibo Inc. (US),Hasbro Inc. (US),Samsung Electronics Co. Ltd. (South Korea),3D Robotics (US),Intuitive Surgical Inc. (US),Google Inc. (US),iRobot Corporation (US) and other major players.
Segmentation of Consumer Robotics Market:
In market segmentation by Type, Consumer Robotics Market report covers:
In market segmentation by End Users, the Consumer Robotics Market report covers:
Education,Healthcare,Household,Social Robots,Entertainment Robots
Major geographies analyzed under this Consumer Robotics Market report are:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain rest of region.)
· Asia-Pacific (China, India, Japan, Southeast Asia rest of region.)
· South America (Brazil, Argentina rest of region.)
· Middle East & Africa (Saudi Arabia, South Africa rest of region)
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Consumer Robotics is a thin long natural thread or a strand with flexible texture. This material is widely used in the textile industry, due to its natural and ecologically friendly properties. Textile-based products are generally manufactured using an extensive range of chemical agents, including scouring agents, wetting agents, soaping, and dyeing agents. The excessive use of these agents, has raised several concerns regarding environmental pollution, contributing to global warming. This in turn, is increasing the demand for eco fibers in the textile industry, thus boosting growth of the market.
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