Press release
consumer robotics market is to grow at a higher CAGR of 29.2% in the global market the forecasted period to account for a higher market share value of approximately USD 43.71 billion by the end of the review 2020-2030.
Get free sample report @ https://www.marketresearchfuture.com/sample_request/5068
Competitive Outlook
Hasbro, Inc., Dà-Jiāng Innovations Science and Technology Co., Ltd, MAKO Surgical Corporation, Samsung Electronics Co., Ltd., Google Inc., Intuitive Surgical Inc., Parrot SA, Honda Motors Company Ltd., iRobot Corporation, 3D Robotics, WowWee Group Limited, LG Electronics Inc., Jibo, Inc., Neato Robotics, and Blue Frog Robotics are key players of the global consumer robotics market.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/consumer-robotics-market-5068
Market Scope
The global consumer robotics market is expected to grow to USD 17 billion by 2023. It can expand at a CAGR of 19% during the forecast period. Adoption of mobile devices is predicted to drive the market demand exponentially. Technological advances such as artificial intelligence, machine learning, machine vision, human and robot interaction, and tactile sensors can spur the demand in the coming years.
The huge demand for cleaning robots and increasing automation in households can bode well for the market. Compact size of these robots and saved costs for cleaning can drive the procurement of these robots. Assimilation of robots in most janitorial jobs in the coming years can outline the vast demand of the market.
But high costs of these robots can limit the market growth.
Segmentation
By type, it is segmented into personal robots, task robots, surveillance robots, educational robots, entertainment robots, security robots, and others.
By component, it is segmented into processors, communications technologies, power supplies, software, microcontrollers, displays, cameras, actuators, sensors, legs, hopping, ball, walking, manipulators, mobile robots, mobile platforms, wheels, and others.
By vertical, it is sub-segmented into industrial robotics, telepresence robots, educational robotics kits, UAVs, healthcare robotics, and others.
Regional Analysis
North America is one of the leading regions of the world in terms of market share. The market of consumer robotics in this region has a huge demand due to the technological advancements in robotics, which is propelling the market growth to a large extent.
The market in Europe for consumer robotics is expected to witness rapid growth in the forthcoming period due to huge demand for sensors in this region. Moreover, fundraising rounds by venture capitalists for accelerating the research and testing phase of domestic robots can bode well for the global consumer robotics market.
Whereas, Asia Pacific countries such as China, Japan and India is an emerging consumer robotics sector, which is expected to grow at the highest CAGR in the coming years. China is a major hub for electronics devices, which is boosting the market growth of market to the large extent. Innovation in robots and support to aged and mobility-impaired populace can drive the demand for consumer robots.
Latest Reports @
https://www.marketwatch.com/press-release/afis-automated-fingerprint-identification-system-market-rising-share-and-driving-factor-for-overall-development-2022-09-15?mod=search_headline
https://www.marketwatch.com/press-release/electronic-waste-recycling-market-structure-with-top-industry-players-region-wise-analysis-and-complete-forecast-till-2030-2022-09-15?mod=search_headline
https://www.marketwatch.com/press-release/smart-city-market-is-estimated-to-grow-at-a-cagr-of-155-during-the-estimated-time-frame-from-
Contact:
Market Research Future
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Sales: +1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
About Us:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR's approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.
Our fast growing industry research firm is backed by a proficient team of research analysts that offers valuable analytics and data with respect to technological and economical advancements. Our deemed analysts perform industrial visits and procure the relevant information from prominent market players. Our key objective is to keep our clients abridged of the potential opportunities and challenges in different markets. We provide step-by-step assistance to our respected clients, via strategic and consulting services to reach a managerial and actionable decision.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release consumer robotics market is to grow at a higher CAGR of 29.2% in the global market the forecasted period to account for a higher market share value of approximately USD 43.71 billion by the end of the review 2020-2030. here
News-ID: 2764482 • Views: …
More Releases from Market Reasearch Future
Recycled Concrete Aggregates Market Overview 2025-2034
The recycled concrete aggregates market is driven by growing environmental awareness, cost advantages, and supportive government policies. Rising infrastructure development, especially in emerging economies, continues to boost demand. However, challenges such as inconsistent quality, lack of standardization, and processing costs restrain wider adoption. Technological advancements and circular economy trends present significant opportunities for future growth.
Recycled Concrete Aggregates Market Size was estimated at 2.67 (USD Billion) in 2024. The Recycled…
Analysis of the Heavy-Duty Telehandler Machines Market in 2024-2032
The heavy-duty telehandler market is driven by growing construction, agriculture, and mining sectors, alongside advancements in machine technology. However, high initial costs and maintenance expenses pose restraints. Opportunities lie in electrification, automation, and emerging market demand. Challenges include regulatory complexities, supply chain disruptions, and intense competition among manufacturers.
The Heavy-Duty Telehandler Machines Market Size was estimated at 6.26 (USD Billion) in 2022. The Heavy-Duty Telehandler Machines Industry is expected to grow…
Soft Covering Flooring Market Outlook(2024-2032)
The soft covering flooring market in twenty twenty-five is shaped by growing demand for comfortable, stylish, and insulated flooring in homes and commercial spaces. Key drivers include rising home renovation trends and the popularity of carpets in hospitality for their acoustic benefits. However, the market faces restraints such as maintenance issues and strong competition from hard flooring options. Opportunities lie in eco-friendly materials and expanding urban markets, while challenges include…
Steel Sandwich Panels Market 2024-2032
The Steel Sandwich Panels market, highlighting the key growth drivers such as rising demand for energy-efficient construction, technological innovations, and green building trends. It also examines critical restraints like high upfront costs and raw material price volatility, explores emerging opportunities in modular construction and smart buildings, and outlines major challenges including supply chain disruptions and environmental concerns.
Steel Sandwich Panels Market Size was valued at USD 2.40 billion in 2023.…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
