Household Robot Market Report: Trends, Forecast and Competitive Analysis

May 2024 | 150 pages | ID: H0300008DE6FEN
Lucintel

Abstracts

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The future of the household robot market looks promising with opportunities in various applications, such as vacuuming, lawn mowing, pool cleaning, companionship, elderly assistance and handicap assistance, and robot toys and hobby systems. The global household robot market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 21% to 23% from 2020 to 2025. The major drivers for this market are increasing adoption of robotic technology due to technological advancement and its widespread applications.

A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of household robot market report download the report brochure.

The study includes trends and forecasts for the global household robot market by type, offering, application, and region as follows:

By Type [$M shipment analysis for 2014 – 2025]:

• Domestic
• Entertainment and Leisure

By Offering [$M shipment analysis for 2014 – 2025]:

• Products
• Services

By Application [$M shipment analysis for 2014 – 2025]:

• Vacuuming
• Lawn Mowing
• Pool Cleaning
• Companionship
• Elderly Assistance and Handicap Assistance
• Robot Toys and Hobby Systems
• Others (Window Cleaning, Robotic Kitchen, and Laundry Robot)

By Region [$M shipment analysis for 2014 – 2025]:

• North America
• United States
• Canada
• Mexico
• Europe
• Germany
• United Kingdom
• France
• Italy
• Asia Pacific
• China
• Japan
• India
• South Korea
• The Rest of the World

Some of the household robot companies profiled in this report include iRobot, Neato, Samsung, LG, Ecovacs, Dyson, Alfred K?rcher, LEGO, John Deere, iLife Innovation, bObsweep, Miele, BSH Hausger?te, Maytronics, Hayward Industries, temi, Monoprice, Husqvarna, and Robomow.

Domestic robots will remain the largest type segment over the forecast period due to their increasing demand in vacuuming, lawn mowing, and pool cleaning. Vacuuming will remain the largest application segment during the forecast period due to availability of advanced technology and IoT based products.

Asia Pacific will remain the largest region during the forecast period due to rise in investments towards household robots mainly in countries, such as China, Japan, and South Korea.

Features of Household Robot Market

• Market Size Estimates: Household robot market size estimation in terms of value ($M)
• Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments and regions.
• Segmentation Analysis: Market size by type, offering, and application
• Regional Analysis: Household robot market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different type, offering, application, and regions for household robot market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the household robot market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global household robot market by type (domestic and entertainment and leisures), offering (products and services), application (vacuuming, lawn mowing, pool cleaning, companionship, elderly assistance and handicap assistance, robot toys and hobby systems, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the household robot market?
Q.5 What are the business risks and threats to the household robot market?
Q.6 What are emerging trends in this household robot market and the reasons behind them?
Q.7 What are some changing demands of customers in the household robot market?
Q.8 What are the new developments in the household robot market? Which companies are leading these developments?
Q.9 Who are the major players in the household robot market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the household robot market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the household robot market?

Contents

1. EXECUTIVE SUMMARY

2. MARKET BACKGROUND AND CLASSIFICATIONS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2014 T  2025

3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Global Household Robot Market Trends (2014-2019) and Forecast (2020-2025)
3.3: Global Household Robot Market by Application
  3.3.1: Vacuuming
  3.3.2: Lawn Mowing
  3.3.3: Pool Cleaning
  3.3.4: Companionship
  3.3.5: Elderly Assistance and Handicap Assistance
  3.3.6: Robot Toys and Hobby Systems
  3.3.7: Others
3.4: Global Household Robot Market by Type
  3.4.1: Domestic
  3.4.2: Entertainment and Leisure
3.5: Global Household Robot Market by Offering
  3.5.1: Products
  3.5.2: Services

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2014 T  2025

4.1: Global Household Robot Market by Region
4.2: North American Household Robot Market
  4.2.1: Market by Application
  4.2.2: Market by Type
  4.2.3: Market by Offering
  4.2.4: The US Household Robot Market
  4.2.5: The Canadian Household Robot Market
  4.2.6: The Mexican Household Robot Market
4.3: European Household Robot Market
  4.3.1: Market by Application
  4.3.2: Market by Type
  4.3.3: Market by Offering
  4.3.4: German Household Robot Market
  4.3.5: United Kingdom Household Robot Market
  4.3.6: French Household Robot Market
  4.3.7: Italian Household Robot Market
4.4: APAC Household Robot Market
  4.4.1: Market by Application
  4.4.2: Market by Type
  4.4.3: Market by Offering
  4.4.4: Chinese Household Robot Market
  4.4.5: Japanese Household Robot Market
  4.4.6: Indian Household Robot Market
  4.4.7: South Korean Household Robot Market
4.5: ROW Household Robot Market
  4.5.1: Market by Application
  4.5.2: Market by Type
  4.5.3: Market by Offering

5. COMPETITOR ANALYSIS

5.1: Product Portfoli  Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global Household Robot Market by Application
  6.1.2: Growth Opportunities for the Global Household Robot Market by Type
  6.1.3: Growth Opportunities for the Global Household Robot Market by Offering
  6.1.4: Growth Opportunities for the Global Household Robot Market by Region
6.2: Emerging Trends in the Global Household Robot Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Capacity Expansion of the Global Household Robot Market
  6.3.3: Technology Development
  6.3.4: Mergers and Acquisitions in the Global Household Robot Industry

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: iRobot
7.2: Neato
7.3: Samsung
7.4: LG
7.5: Ecovacs
7.6: Dyson
7.7: Alfred K?rcher
7.8: LEGO
7.9: John Deere
7.10: iLife Innovation
7.11: bObsweep
7.12: Miele
7.13: BSH Hausger?te
7.14: Maytronics
7.15: Hayward Industries
7.16: Temi
7.17: Monoprice
7.18: Husqvarna
7.19: Robomow