Global Personal Domestic Service Market 2015-2019
About personal/domestic service robotics
Robots perform complex tasks with high speed, precision, and accuracy. They are broadly classified into two types:industrial and service robots. The service robots are further classified into two types:professional service robots and personal service robots. Personal service robots are used majorly in household applications such as cleaning and mowing. The use of robots as pets and for personal assistance is an upcoming trend in the market.
Technavio's analysts forecast the global personal/domestic service robotics market to grow at a CAGR of 22.65% over the period 2015-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global personal/domestic service robotics market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of the following types of personal robots:
Technavio Announces the Publication of its Research Report – Global Personal Domestic Service Robotics Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Personal Domestic Service Robotics Market: iRobot, LG Electronics, Samsung Electronics and Yujin Robot
Other Prominent Vendors in the market are: Bosch und Siemens Hausgeräte, ECOVACS, Future Robot, GeckoSystems, Hanool Robotics, Hayward Industries, Hoover, Intel, Jibo, Mamirobot, Matsutek, Maytronics, Miele, Neato Robotics Inc., Pentair, Robopolis, Softbank, Sony, Toshiba, Wany Robot, WowWee and Zodiac
Commenting on the report, an analyst from Technavio’s team said: “The increased R&D in robotics has resulted in a focus on the creation of robots with more artificial intelligence. Robotic manufacturers are trying to develop more humanoid robots that have advanced technologies and can emotionally connect with humans and act as good companions. They are attempting to incorporate more artificial intelligence into robots for better human understanding capability. Many robotic companies are trying to develop and commercialize robots with high artificial intelligence.”
According to the report, the development of the robotics field has led to a widening of the scope of robotic applications. Previously, household use of robotic vacuum cleaning was a major area of application for domestic/personal service robots. Demand for robots in personal assistance, especially for consumers with disabilities, transportation purposes, and surveillance and security purposes have increased over the years. The aging population globally is considered to be one of the major driving factors for personal assistance robots.
Further, the report states that the need for high initial investments toward the design and development of robotic components by vendors especially in the personal service segment is affecting the market.
ABB, Fanuc, KUKA, Yasakawa, Adept Technology, Apex Automation and Robotics, Axium, Denso Robotics, Epson Robotics, Nachi Fujikoshi, Pari Robotics, Staubli Robotics, TM Robotics, Yamaha Robotics, iRobot, LG Electronics, Samsung Electronics, Yujin Robot, Bosch und Siemens Hausgeräte, ECOVACS, Future Robot, GeckoSystems, Hanool Robotics, Hayward Industries, Hoover, Intel, Jibo, Mamirobot, Matsutek, Maytronics, Miele, Neato Robotics Inc., Pentair, Robopolis, Softbank, Sony, Toshiba, Wany Robot, WowWee, Zodiac