
Global Household Robots
Description
Global Household Robots
According to Tanalyze, the global household robots market is expected to experience a compound annual growth rate (CAGR) of 15.8% in terms of value over the forecast period, reaching an estimated value of USD 21.22 billion by 2029.
The market for household robots on a global scale is segmented by product type into domestic robots, entertainment robots, and leisure robots. In 2023, the domestic robot segment emerged as the market leader. It is projected that the valuation of the domestic robot segment will escalate to USD 12.91 billion by 2029, with an anticipated highest CAGR of 16.8% during the forecast period spanning from 2024 to 2029.
The household robots market can be further categorized into robot vacuum and mop, lawn mowing, pool cleaning, and other segments. The robot vacuum and mop segment are forecasted to achieve a value of USD 15.57 billion by 2029, demonstrating a CAGR of 15.4% from 2024 to 2029. Additionally, the revenue from the lawn mowing segment is expected to experience a CAGR of 19.2% leading up to 2029.
Geographically, Europe emerged as the dominant force in the household robots market in 2023, closely followed by North America and Asia-Pacific. North America is projected to reach a valuation of USD 7.25 billion by 2029, positioning itself as a significant market for housecleaning robots due to a robust robotics sector and widespread acceptance of robotic technology. The home robotics market in North America is set for rapid growth driven by key manufacturers and increasing consumer demand. Conversely, the Asia-Pacific region is forecasted to exhibit a higher CAGR of 17.7% from 2024 to 2029.
Key players shaping the competitive landscape in the market include iRobot Corporation, Ecovacs Robotics Co., Ltd., Xiaomi Corporation, Samsung Electronics Co., Ltd., Maytronics, Ltd., Husqvarna AB, LG Corporation, Neato Robotics Inc., Panasonic Corporation, Beijing Roborock Technology Co., Ltd., SharkNinja, Inc., among others.
This study aims to analyze the global market for various segments of household robots, including:
Product Type: Domestic Robot, Entertainment Robot, and Leisure Robot.
End-User: Robot Vacuum and Mop, Lawn Mowing, Pool Cleaning, and Others.
Region: North America, Europe, Asia-Pacific, and Rest of World (RoW).
Table of Contents
45 Pages
- FIGURES AND TABLES
- Part 1. Key Findings
- Part 2. Scope and Methodology
- Report Scope
- Product Type
- End-User
- Region
- Research Methodology
- Part 3. Household Robots Market Overview
- Summary
- Introduction
- Part 4. Global Household Robots Market by Product Type
- Part 5. Global Household Robots Market by End-User
- Robot Vacuum and Mop
- Lawn Mowing
- Pool Cleaning
- Others
- Part 6. Global Household Robots Market by Region
- North America
- Europe
- Asia Pacific
- RoW
- Part 7. Competitive Analysis
- Competition Overview
- iRobot Corporation
- Business Overview
- Contact Information
- Ecovacs Robotics Co., Ltd.
- Business Overview
- Contact Information
- Maytronics, Ltd.
- Business Overview
- Contact Information
- Husqvarna AB
- Business Overview
- Contact Information
- Other Leading Competitors
- Disclaimer
- FIGURES AND TABLES
- Global Household Robots Market, Net Growth, 2020-2029 (USD Billion)
- Global Household Robots Market by Product Type, 2020-2029 (USD Billion)
- Global Household Robots Market by Product Type, CAGR Historic and Forecast, 2020-2029
- Global Household Robots Market by End-User, 2020-2029 (USD Billion)
- Global Household Robots Market by End-User, CAGR Historic and Forecast, 2020-2029
- Global Household Robots Market Share by Region, 2023
- Global Household Robots Market by Region, 2020-2029 (USD Billion)
- Global Household Robots Market by Region, CAGR Historic and Forecast, 2020-2029
- North America Household Robots Market, Net Growth, 2020-2029 (USD Billion)
- Europe Household Robots Market, Net Growth, 2020-2029 (USD Billion)
- Asia Pacific Household Robots Market, Net Growth, 2020-2029 (USD Billion)
- RoW Household Robots Market, Net Growth, 2020-2029 (USD Billion)
- iRobot Corporation Financial Overview (USD Million)
- iRobot Corporation Revenue, by Segment, 2023
- iRobot Corporation Revenue, by Region, 2023
- Ecovacs Robotics Co., Ltd. Financial Overview (CNY Million)
- Ecovacs Robotics Co., Ltd. Revenue, by Segment, 2022
- Ecovacs Robotics Co., Ltd. Revenue, by Region, 2022
- Ecovacs Robotics Co., Ltd. Revenue, by Distribution Channel, 2022
- Maytronics, Ltd. Financial Overview (ILS Million)
- Maytronics, Ltd. Revenue, by Segment, 2022
- Maytronics, Ltd. Revenue, by Region, 2022
- Husqvarna AB Financial Overview (SEK Million)
- Husqvarna AB Revenue, by Segment, 2022
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