Business Opportunities and Investment Strategies for Global Household Robots Market 2023-2033

February 2024 | 187 pages | ID: B76B3CC29E6EEN
GMD Research

Abstracts

Opportunity and Strategy Analysis

This report focuses on identifying opportunities and strategies for investing in the global household robots market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.

Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the household robots market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global household robots industry.

Market Coverage & Overview

The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global household robots market is expected to reach $55.51 billion by 2033, growing by 19.1% annually over the coming years. The total sales volume will approach 1.11 billion units in 2033.

Segmentation Analysis

Highlighted with 102 tables and 86 figures, this 187-page report represents a 360-degree view on the global market with extensively detailed segmentations by Offering, Robot Type, Application, Distribution Channel and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.

By Offering

• Robotic Products
• Services

By Robot Type

• Domestic Robots
• Entertainment & Leisure Robots

By Application

• Robotic Vacuum and Mopping
• Lawn Mowing
• Pool Cleaning
• Companionship
• Elderly Assistance and Handicap Systems
• Robot Toys and Hobby Systems
• Home Security and Surveillance
• Education and Research
• Other Applications

By Distribution Channel

• Offline
• Online

By Region

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, Australia, India, South Korea, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)

The breakdown of all regional markets by country and the breakdown of each national market by Offering, Application, and Robot Type over the forecast years are also included.

Key Companies

The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:

• Blue Frog Robotics Inc.
• bObsweep Inc.
• Deere & Company
• Dyson Limited
• Ecovacs Robotics Inc.
• Husqvarna Group
• ILIFE Innovation Ltd.
• iRobot Corporation (Amazon.com, Inc.)
• Lego System A/S
• LG Electronics Inc.
• Maytronics Ltd.
• Neato Robotics Inc. (Vorwerk)
• Panasonic Corporation
• Roborock Technology Co., Ltd.
• Samsung Electronics Co., Ltd.
• SharkNinja Operating LLC
• Xiaomi Corporation

Reasons to Purchase

• Gain a most comprehensive view on global market with lighting on market outlook, segmentations, dynamics and trends, growth opportunities, risk assessment, critical success factors (CSFs), increasingly attractive segments (IAS), and Porter’s Fiver Forces analysis.
• Access identified business opportunities and benchmarked investment strategies.
• Obtain up-to-date data and valuable insights to create regional and national strategies.
• Take wise actions to mitigate potential risk based on the matrix of systematic risk evaluation.
• Outperform competitors using the latest market data and research discoveries.
• Support internal and external presentations with reliable data and profound analysis.
• Backed up by premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
• Supported by free customer services before and after sales.

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
  2.1.3 Impact of Russia-Ukraine Conflict
  2.1.4 Impact of Israel-Palestine War
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF GLOBAL MARKET BY OFFERING

3.1 Market Overview by Offering
3.2 Robotic Products
3.3 Services

4 SEGMENTATION OF GLOBAL MARKET BY ROBOT TYPE

4.1 Market Overview by Robot Type
4.2 Domestic Robots
4.3 Entertainment & Leisure Robots

5 SEGMENTATION OF GLOBAL MARKET BY APPLICATION

5.1 Market Overview by Application
5.2 Robotic Vacuum and Mopping
5.3 Lawn Mowing
5.4 Pool Cleaning
5.5 Companionship
5.6 Elderly Assistance and Handicap Systems
5.7 Robot Toys and Hobby Systems
5.8 Home Security and Surveillance
5.9 Education and Research
5.10 Other Applications

6 SEGMENTATION OF GLOBAL MARKET BY DISTRIBUTION CHANNEL

6.1 Market Overview by Distribution Channel
6.2 Offline
6.3 Online

7 SEGMENTATION OF GLOBAL MARKET BY REGION

7.1 Geographic Market Overview 2023-2033
7.2 North America Market 2023-2033 by Country
  7.2.1 Overview of North America Market
  7.2.2 U.S.
  7.2.3 Canada
  7.2.4 Mexico
7.3 European Market 2023-2033 by Country
  7.3.1 Overview of European Market
  7.3.2 Germany
  7.3.3 U.K.
  7.3.4 France
  7.3.5 Spain
  7.3.6 Italy
  7.3.7 Russia
  7.3.8 Rest of European Market
7.4 Asia-Pacific Market 2023-2033 by Country
  7.4.1 Overview of Asia-Pacific Market
  7.4.2 Japan
  7.4.3 China
  7.4.4 Australia
  7.4.5 India
  7.4.6 South Korea
  7.4.7 Rest of APAC Region
7.5 South America Market 2023-2033 by Country
  7.5.1 Argentina
  7.5.2 Brazil
  7.5.3 Chile
  7.5.4 Rest of South America Market
7.6 MEA Market 2023-2033 by Country
  7.6.1 UAE
  7.6.2 Saudi Arabia
  7.6.3 South Africa
  7.6.4 Other National Markets

8 COMPETITIVE LANDSCAPE

8.1 Overview of Key Vendors
8.2 New Product Launch, Partnership, Investment, and M&A
8.3 Company Profiles
Blue Frog Robotics Inc.
bObsweep Inc.
Deere & Company
Dyson Limited
Ecovacs Robotics Inc.
Husqvarna Group
ILIFE Innovation Ltd.
iRobot Corporation (Amazon.com, Inc.)
Lego System A/S
LG Electronics Inc.
Maytronics Ltd.
Neato Robotics Inc. (Vorwerk)
Panasonic Corporation
Roborock Technology Co., Ltd.
Samsung Electronics Co., Ltd.
SharkNinja Operating LLC
Xiaomi Corporation

9 INVESTING IN HOUSEHOLD ROBOTS INDUSTRY: RISK ASSESSMENT AND MANAGEMENT

9.1 Risk Evaluation of Global Market
9.2 Critical Success Factors (CSFs)
RELATED REPORTS

List Of Tables

LIST OF TABLES

Table 1. Snapshot of Global Household Robots Market in Balanced Perspective, 2023-2033
Table 2. World Economic Outlook, 2024-2036
Table 3. World Economic Outlook, 2022-2024
Table 4. Scenarios for Economic Impact of Ukraine Crisis
Table 5. Scenarios for Economic Impact of Israel-Palestine War
Table 6. World Health Spending by Region, $ bn, 2013-2020
Table 7. Main Product Trends and Market Opportunities in Global Household Robots Market
Table 8. Global Household Robots Market by Offering, 2023-2033, $ mn
Table 9. Global Household Robots Market by Robot Type, 2023-2033, $ mn
Table 10. Global Household Robots Market by Robot Type, 2023-2033, million units
Table 11. Global Household Robots Market by Robot Type: Domestic Robots, 2023-2033, $ mn and million units
Table 12. Global Household Robots Market by Robot Type: Entertainment & Leisure Robots, 2023-2033, $ mn and million units
Table 13. Global Household Robots Market by Application, 2023-2033, $ mn
Table 14. Global Household Robots Market by Application, 2023-2033, million units
Table 15. Global Household Robots Market by Application: Robotic Vacuum and Mopping, 2023-2033, $ mn and million units
Table 16. Global Household Robots Market by Application: Lawn Mowing, 2023-2033, $ mn and million units
Table 17. Global Household Robots Market by Application: Pool Cleaning, 2023-2033, $ mn and million units
Table 18. Global Household Robots Market by Application: Companionship, 2023-2033, $ mn and million units
Table 19. Global Household Robots Market by Application: Elderly Assistance and Handicap Systems, 2023-2033, $ mn and million units
Table 20. Global Household Robots Market by Application: Robot Toys and Hobby Systems, 2023-2033, $ mn and million units
Table 21. Global Household Robots Market by Application: Home Security and Surveillance, 2023-2033, $ mn and million units
Table 22. Global Household Robots Market by Application: Education and Research, 2023-2033, $ mn and million units
Table 23. Global Household Robots Market by Application: Other Applications, 2023-2033, $ mn and million units
Table 24. Global Household Robots Market by Distribution Channel, 2023-2033, $ mn
Table 25. Global Household Robots Market by Region, 2023-2033, $ mn
Table 26. Global Household Robots Market by Region, 2023-2033, million units
Table 27. Leading National Household Robots Market, 2023 and 2033, $ mn
Table 28. North America Household Robots Market by Country, 2023-2033, $ mn
Table 29. U.S. Household Robots Market by Offering, 2023-2033, $ mn
Table 30. U.S. Household Robots Market by Application, 2023-2033, $ mn
Table 31. U.S. Household Robots Market by Robot Type, 2023-2033, $ mn
Table 32. Canada Household Robots Market by Offering, 2023-2033, $ mn
Table 33. Canada Household Robots Market by Application, 2023-2033, $ mn
Table 34. Canada Household Robots Market by Robot Type, 2023-2033, $ mn
Table 35. Mexico Household Robots Market by Offering, 2023-2033, $ mn
Table 36. Mexico Household Robots Market by Application, 2023-2033, $ mn
Table 37. Mexico Household Robots Market by Robot Type, 2023-2033, $ mn
Table 38. Europe Household Robots Market by Country, 2023-2033, $ mn
Table 39. Germany Household Robots Market by Offering, 2023-2033, $ mn
Table 40. Germany Household Robots Market by Application, 2023-2033, $ mn
Table 41. Germany Household Robots Market by Robot Type, 2023-2033, $ mn
Table 42. U.K. Household Robots Market by Offering, 2023-2033, $ mn
Table 43. U.K. Household Robots Market by Application, 2023-2033, $ mn
Table 44. U.K. Household Robots Market by Robot Type, 2023-2033, $ mn
Table 45. France Household Robots Market by Offering, 2023-2033, $ mn
Table 46. France Household Robots Market by Application, 2023-2033, $ mn
Table 47. France Household Robots Market by Robot Type, 2023-2033, $ mn
Table 48. Spain Household Robots Market by Offering, 2023-2033, $ mn
Table 49. Spain Household Robots Market by Application, 2023-2033, $ mn
Table 50. Spain Household Robots Market by Robot Type, 2023-2033, $ mn
Table 51. Italy Household Robots Market by Offering, 2023-2033, $ mn
Table 52. Italy Household Robots Market by Application, 2023-2033, $ mn
Table 53. Italy Household Robots Market by Robot Type, 2023-2033, $ mn
Table 54. Russia Household Robots Market by Offering, 2023-2033, $ mn
Table 55. Russia Household Robots Market by Application, 2023-2033, $ mn
Table 56. Russia Household Robots Market by Robot Type, 2023-2033, $ mn
Table 57. Household Robots Market in Rest of Europe by Country, 2023-2033, $ mn
Table 58. APAC Household Robots Market by Country, 2023-2033, $ mn
Table 59. Japan Household Robots Market by Offering, 2023-2033, $ mn
Table 60. Japan Household Robots Market by Application, 2023-2033, $ mn
Table 61. Japan Household Robots Market by Robot Type, 2023-2033, $ mn
Table 62. China Household Robots Market by Offering, 2023-2033, $ mn
Table 63. China Household Robots Market by Application, 2023-2033, $ mn
Table 64. China Household Robots Market by Robot Type, 2023-2033, $ mn
Table 65. Australia Household Robots Market by Offering, 2023-2033, $ mn
Table 66. Australia Household Robots Market by Application, 2023-2033, $ mn
Table 67. Australia Household Robots Market by Robot Type, 2023-2033, $ mn
Table 68. India Household Robots Market by Offering, 2023-2033, $ mn
Table 69. India Household Robots Market by Application, 2023-2033, $ mn
Table 70. India Household Robots Market by Robot Type, 2023-2033, $ mn
Table 71. South Korea Household Robots Market by Offering, 2023-2033, $ mn
Table 72. South Korea Household Robots Market by Application, 2023-2033, $ mn
Table 73. South Korea Household Robots Market by Robot Type, 2023-2033, $ mn
Table 74. Household Robots Market in Rest of APAC by Country/Region, 2023-2033, $ mn
Table 75. South America Household Robots Market by Country, 2023-2033, $ mn
Table 76. Argentina Household Robots Market by Offering, 2023-2033, $ mn
Table 77. Argentina Household Robots Market by Application, 2023-2033, $ mn
Table 78. Argentina Household Robots Market by Robot Type, 2023-2033, $ mn
Table 79. Brazil Household Robots Market by Offering, 2023-2033, $ mn
Table 80. Brazil Household Robots Market by Application, 2023-2033, $ mn
Table 81. Brazil Household Robots Market by Robot Type, 2023-2033, $ mn
Table 82. Chile Household Robots Market by Offering, 2023-2033, $ mn
Table 83. Chile Household Robots Market by Application, 2023-2033, $ mn
Table 84. Chile Household Robots Market by Robot Type, 2023-2033, $ mn
Table 85. MEA Household Robots Market by Country, 2023-2033, $ mn
Table 86. UAE Household Robots Market by Offering, 2023-2033, $ mn
Table 87. UAE Household Robots Market by Application, 2023-2033, $ mn
Table 88. UAE Household Robots Market by Robot Type, 2023-2033, $ mn
Table 89. Saudi Arabia Household Robots Market by Offering, 2023-2033, $ mn
Table 90. Saudi Arabia Household Robots Market by Application, 2023-2033, $ mn
Table 91. Saudi Arabia Household Robots Market by Robot Type, 2023-2033, $ mn
Table 92. South Africa Household Robots Market by Offering, 2023-2033, $ mn
Table 93. South Africa Household Robots Market by Application, 2023-2033, $ mn
Table 94. South Africa Household Robots Market by Robot Type, 2023-2033, $ mn
Table 95. Main Household Robot Products of Leading Suppliers
Table 96. Blue Frog Robotics Inc.: Company Snapshot
Table 97. Blue Frog Robotics Inc.: Business Segmentation
Table 98. Blue Frog Robotics Inc.: Product Portfolio
Table 99. List of Risk Factors and Weight Percentages/Theoretical Maximum
Table 100. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL)
Table 101. Risk Evaluation for Investing in Global Market, 2023-2033
Table 102. Critical Success Factors and Key Takeaways

List Of Figures

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033
Figure 4. Industry Value Chain Analysis
Figure 5. Global Household Robots Market, 2023-2033, $ mn
Figure 6. Global Household Robots Market, 2023-2033, million units
Figure 7. Impact of COVID-19 on Business
Figure 8. Primary Drivers and Impact Factors of Global Household Robots Market
Figure 9. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million
Figure 10. World Population 65 and Over, % of Total Population, 1950-2060
Figure 11. Primary Restraints and Impact Factors of Global Household Robots Market
Figure 12. Porter’s Fiver Forces Analysis of Global Household Robots Market
Figure 13. Growth Opportunity Analysis by Offering
Figure 14. Breakdown of Global Household Robots Market by Offering, 2023-2033, % of Revenue
Figure 15. Global Addressable Market Cap in 2024-2033 by Offering, Value ($ mn) and Share (%)
Figure 16. Global Household Robots Market by Offering: Robotic Products, 2023-2033, $ mn
Figure 17. Global Household Robots Market by Offering: Services, 2023-2033, $ mn
Figure 18. Growth Opportunity Analysis by Robot Type
Figure 19. Breakdown of Global Household Robots Market by Robot Type, 2023-2033, % of Sales Revenue
Figure 20. Global Addressable Market Cap in 2024-2033 by Robot Type, Value ($ mn) and Share (%)
Figure 21. Breakdown of Global Household Robots Market by Robot Type, 2023-2033, % of Sales Volume
Figure 22. Global Addressable Market Cap in 2024-2033 by Robot Type, Volume (million units) and Share (%)
Figure 23. Growth Opportunity Analysis by Application
Figure 24. Breakdown of Global Household Robots Market by Application, 2023-2033, % of Sales Revenue
Figure 25. Global Addressable Market Cap in 2024-2033 by Application, Value ($ mn) and Share (%)
Figure 26. Breakdown of Global Household Robots Market by Application, 2023-2033, % of Sales Volume
Figure 27. Global Addressable Market Cap in 2024-2033 by Application, Volume (million units) and Share (%)
Figure 28. Growth Opportunity Analysis by Distribution Channel
Figure 29. Breakdown of Global Household Robots Market by Distribution Channel, 2023-2033, % of Revenue
Figure 30. Global Addressable Market Cap in 2024-2033 by Distribution Channel, Value ($ mn) and Share (%)
Figure 31. Global Household Robots Market by Distribution Channel: Offline, 2023-2033, $ mn
Figure 32. Global Household Robots Market by Distribution Channel: Online, 2023-2033, $ mn
Figure 33. Global Market Snapshot by Region
Figure 34. Growth Opportunity Analysis of Global Market by Region
Figure 35. Geographic Spread of Worldwide Household Robots Market, 2023-2033, % of Sales Revenue
Figure 36. Global Addressable Market Cap in 2024-2033 by Region, Value ($ mn) and Share (%)
Figure 37. Geographic Spread of Worldwide Household Robots Market, 2023-2033, % of Sales Volume
Figure 38. Global Addressable Market Cap in 2024-2033 by Region, Volume (million units) and Share (%)
Figure 39. North American Household Robots Market, 2023-2033, $ mn
Figure 40. Growth Opportunity Analysis of North America Market by Country
Figure 41. Breakdown of North America Household Robots Market by Country, 2023 and 2033, % of Revenue
Figure 42. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 43. U.S. Household Robots Market, 2023-2033, $ mn
Figure 44. Canada Household Robots Market, 2023-2033, $ mn
Figure 45. Household Robots Market in Mexico, 2023-2033, $ mn
Figure 46. European Household Robots Market, 2023-2033, $ mn
Figure 47. Growth Opportunity Analysis of Europe Market by Country
Figure 48. Breakdown of European Household Robots Market by Country, 2023 and 2033, % of Revenue
Figure 49. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 50. Household Robots Market in Germany, 2023-2033, $ mn
Figure 51. Household Robots Market in U.K., 2023-2033, $ mn
Figure 52. Household Robots Market in France, 2023-2033, $ mn
Figure 53. Household Robots Market in Spain, 2023-2033, $ mn
Figure 54. Household Robots Market in Italy, 2023-2033, $ mn
Figure 55. Household Robots Market in Russia, 2023-2033, $ mn
Figure 56. Household Robots Market in Rest of Europe, 2023-2033, $ mn
Figure 57. Asia-Pacific Household Robots Market, 2023-2033, $ mn
Figure 58. Growth Opportunity Analysis of Asia-Pacific Market by Country
Figure 59. Breakdown of APAC Household Robots Market by Country, 2023 and 2033, % of Revenue
Figure 60. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 61. Household Robots Market in Japan, 2023-2033, $ mn
Figure 62. Household Robots Market in China, 2023-2033, $ mn
Figure 63. Household Robots Market in Australia, 2023-2033, $ mn
Figure 64. Household Robots Market in India, 2023-2033, $ mn
Figure 65. Household Robots Market in South Korea, 2023-2033, $ mn
Figure 66. Household Robots Market in Rest of APAC, 2023-2033, $ mn
Figure 67. South America Household Robots Market, 2023-2033, $ mn
Figure 68. Growth Opportunity Analysis of South America Market by Country
Figure 69. Breakdown of South America Household Robots Market by Country, 2023 and 2033, % of Revenue
Figure 70. Contribution to South America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 71. Household Robots Market in Argentina, 2023-2033, $ mn
Figure 72. Household Robots Market in Brazil, 2023-2033, $ mn
Figure 73. Household Robots Market in Chile, 2023-2033, $ mn
Figure 74. Household Robots Market in Rest of South America, 2023-2033, $ mn
Figure 75. Household Robots Market in Middle East and Africa (MEA), 2023-2033, $ mn
Figure 76. Growth Opportunity Analysis of MEA Market by Country
Figure 77. Breakdown of MEA Household Robots Market by Country, 2023 and 2033, % of Revenue
Figure 78. Contribution to MEA 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 79. Household Robots Market in UAE, 2023-2033, $ mn
Figure 80. Household Robots Market in Saudi Arabia, 2023-2033, $ mn
Figure 81. Household Robots Market in South Africa, 2023-2033, $ mn
Figure 82. Household Robots Market in the Rest of MEA, 2023-2033, $ mn
Figure 83. Growth Stage of Global Household Robots Industry over the Forecast Period
Figure 84. Comparison of Risk Factors by GMD RIN in 2023
Figure 85. GMD Relative RIN of Internal Risk Factors in 2023 on Radar Chart
Figure 86. GMD Relative RIN of External Risk Factors in 2023 on Radar Chart