Global Household Robots Market – Industry Trends and Forecast to 2031

Global Household Robots Market, By Application (Robotic Vacuum & Mopping, Lawn Mowing, Pool Cleaning, Companionship, Others), Offering (Products, Services), Type (Domestic, Entertainment & Leisure) - Industry Trends and Forecast to 2031.

Household Robots Market Analysis and Size

Household robots refer to robotic devices designed and programmed to perform various tasks within a household or domestic setting. These robots are typically equipped with sensors, actuators, and artificial intelligence to navigate and interact with their environment. Their primary purpose is to assist and automate routine tasks, making daily life more convenient for individuals or families. Household robots can vary in terms of functionality and can be designed for tasks such as cleaning, security, entertainment, or even companionship.

Data Bridge Market Research analyzes that the global household robots market was valued at USD 10.3 billion in 2023 and is expected to reach USD 24.5 billion by 2031, registering a CAGR of 18.8% during the forecast period of 2024-2031. Application segments account for the highest market share due to the increasing usage of equipment among the consumer. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

The household robots refers to robotic devices specifically designed for use within households. These robots are designed to assist and perform various tasks to enhance convenience, efficiency, and overall quality of life for individuals and families. Household robots are equipped with advanced technologies, sensors, and artificial intelligence to autonomously or semi-autonomously carry out specific functions.

Global Household Robots Market Dynamics

Drivers

• Technological Technological Advancements

Ongoing advancements in artificial intelligence (AI) and machine learning contribute to the development of sophisticated household robots, enhancing their capabilities for tasks such as cleaning, security, and companionship.

• Rising Aging Population

The global increase in the elderly population fuels demand for robots that can assist with daily activities, providing support for tasks like cleaning, medication reminders, and monitoring health, thereby addressing the needs of an aging demographic.

Opportunities

• Increased Focus on Home Automation

Growing interest in smart homes and automation drives the adoption of household robots that integrate with other smart devices, offering convenience and efficiency in managing various aspects of home life.

• Rising Disposable Income

Improving economic conditions and rising disposable income levels globally lead to increased consumer spending on innovative and premium household robots, expanding the market for advanced and feature-rich products.

Restraints/ Challenges

• Multiple Technological Complexity

The rapid advancement of technology poses a challenge as household robots need sophisticated features, such as AI and machine learning, making development and maintenance complex.

• High Initial Cost

The upfront expense for purchasing household robots remains a deterrent for widespread adoption, hindering market growth despite long-term cost-saving benefits.

This household robots market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global household robots market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Global Household Robots Market Scope

The household robots market is segmented on the basis of application, offering and type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

• Robotic Vacuum & Mopping
• Lawn Mowing
• Pool Cleaning
• Companionship
• Others

Offering

• Products
• Services

Type

• Domestic
• Entertainment & Leisure

Global Household Robots Market Region Analysis/Insights

The household robots market is analyzed and market size insights and trends are provided by country, application, offering and type as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina and rest of South America. 

Asia-Pacific is expected to be dominate & fastest growing region in the market due to its burgeoning population, rapid urbanization, and increasing adoption of smart technologies. The region's robust manufacturing capabilities and growing tech industry contribute to the dominance in producing and consuming household robots. Furthermore, rising disposable incomes and changing lifestyles drive the demand for automated solutions in homes, boosting market growth in the Asia Pacific region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Semiconductor Infrastructure growth Installed base and New Technology Penetration

The Global household robots market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the Global household robots market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the Global household robots market. The data is available for the historic period 2010-2020.

Competitive Landscape and Global Household Robots MarketShare Analysis

The Global household robots market is analyzed, and market size information is provided by country, product type & application. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the Global household robots market.

Some of the major players operating in the Global household robots market are:

• iRobot Corporation (US)
• Ecovacs Robotics Co., Ltd. (China)
• Xiaomi Corporation (China)
• Maytronics, Ltd (Israel)
• Samsung Electronics Co., Ltd. (South Korea)
• Neato robotics, Inc. (US)
• Dyson Limited (Singapore)
• LG Electronics Inc. (South Korea)
• LEGO A/S (Denmark)
• Hayward Holdings, Inc. (US)
• UBTECH Robotics (China)
• Husqvarna Group (Sweden)
• Miele (Germany)
• Robomow (Isreal)
• Cecotec Innovaciones S.L. (Spain)
• Monoprice, Inc. (US)
• temi (US)
• Deere & Company (US)
• BObsweep (Canada)
• ILIFE Innovation (China)
• Sharp Corporation (Japan)
• SharkNinja Operating LLC (US)
• Bissell Inc. (US)
• Blue Frog Robotics (France)
• Beijing Roborock Technology Co. Ltd. (China)