Global Personal Domestic Service Market 2015-2019 - Market to grow at a CAGR of 22.65% with iRobot, LG Electronics, Samsung Electronics & Yujin Robot Dominating

Nov 26, 2015, 10:10 ET from Research and Markets

DUBLIN, Nov. 26, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/rbpz2r/global_personal) has announced the addition of the "Global Personal Domestic Service Market 2015-2019" report to their offering.

The global personal/domestic service robotics market to grow at a CAGR of 22.65% over the period 2015-2019.

The report presents the vendor landscape and a corresponding detailed analysis of the key market vendors. Also, the report discusses the major drivers that influence the growth of the market and the challenges faced by vendors and the market at large. The report also outlines the key trends that are emerging in the market, which are expected to contribute to the growth of the market during the forecast period.

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.

To calculate the market size, the report considers revenue generated from the sales of the following types of personal robots:

  • Household robots (home cleaning, pool cleaning, lawn mowing, and personal assistance)
  • Entertainment robots (robot pets, education, and multimedia)

Key vendors

  • iRobot
  • LG Electronics
  • Samsung Electronics
  • Yujin Robot

Other prominent vendors

  • 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

Key Topics Covered:

Part 1: Executive summary

Part 2: Scope of the report

Part 3: Market research methodology

Part 4: Introduction

Part 5: Market landscape

Part 6: Market segmentation by application

Part 7: Geographical segmentation

Part 8: Market drivers

Part 9: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Appendix

For more information visit http://www.researchandmarkets.com/research/rbpz2r/global_personal

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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