Consumer Robotics Market size to grow by USD 4.70 billion | Alphabet Inc., Amazon.com Inc., and Ecovacs Robotics Inc. emerge as dominant players | Technavio

Vendor Insights 

The global consumer robotics market is fragmented due to the presence of many regional and international players. Vendors are deploying various organic and inorganic growth strategies to compete in the market. 

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Alphabet Inc.
• Amazon.com Inc.
• Ecovacs Robotics Inc.
• Gaussian Robotics Pte Ltd.
• Honda Motor Co. Ltd.
• Irobot Corp.
• Neato Robotics Inc.
• Parrot Drone SAS
• Ubtech Robotics Inc.
• WowWee Group Ltd. 

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report. 

Geographical Market Analysis 

APAC will provide maximum growth opportunities in the consumer robotics market during the forecast period. According to our research report, the region will contribute to 49% of the global market growth and is expected to dominate the market through 2026. The rise in the aging population will be driving the growth of the consumer robotics market in APAC.

China, Japan, and South Korea (Republic of Korea) are the key markets for the consumer robotics market in APAC. Market growth in this region will be faster than the growth of the market in other regions. Countries such as the US and Germany are also expected to emerge as major markets for consumer robotics during the forecast period. 

Know more about this market's geographical distribution along with the detailed analysis of the top regions. www.technavio.com/report/consumer-robotics-market-industry-analysis 

Key Segment Analysis

By application, the consumer robotics market share growth by the domestic tasks segment will be significant during the forecast period. The increasing applications for consumer robotics in domesticated tasks such as pool cleaning, lawn mowing, house cleaning, and other such activities have been driving the growth of the segment.

View FREE Sample: to know additional highlights and key points on various market segments and their impact in coming years.

Key Market Drivers & Challenges: 

The consumer robotics market is primarily driven by the growing demand for robotic automation processes. Robotic process automation technology uses intelligent software to complete high-volume, repetitive processes in a shorter duration, thereby saving significant amounts of time. Hence, it is increasingly becoming popular across a variety of business verticals such as contact center outsourcing, banking, financial services, insurance, business process outsourcing, procurement outsourcing, and human resource outsourcing. With the increasing adoption of robotics in diverse applications, the market growth is expected to accelerate during the forecast period.

However, the high cost associated with robotic systems might challenge the growth of the market players. Many consumers in the developing regions are reluctant to buy highly-priced service robots. Besides, continuous investments in R&D to integrate advanced technologies by vendors have further increased the cost of consumer robots, which is limiting the adoption among consumers. These factors will hamper the growth of the market.

Download free sample for highlights on market Drivers & Challenges affecting the consumer robotics market.

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Table of Contents:

1. Executive Summary 

  1.1 Market Overview

  Exhibit 01:  Key Finding 1

  Exhibit 02:  Key Finding 2

  Exhibit 03:  Key Finding 3

  Exhibit 04:  Key Finding 5

  Exhibit 05:  Key Finding 6

  Exhibit 06:  Key Finding 7

  Exhibit 07:  Key Finding 8

2. Market Landscape 

  2.1 Market ecosystem 

  Exhibit 08:  Parent market

  Exhibit 09:  Market characteristics

  2.2 Value chain analysis 

  Exhibit 10:  Value chain analysis: Industrial machinery

  2.2.1 Inputs

  2.2.2 Inbound logistics

  2.2.3 Operations

  2.2.4 Outbound logistics

  2.2.5 Marketing and sales

  2.2.6 Aftermarket and service

3. Market Sizing 

  3.1 Market definition

  Exhibit 11:  Offerings of vendors included in the market definition

  3.2 Market segment analysis 

  Exhibit 12:  Market segments

  3.3 Market size 2021 

  3.4 Market outlook: Forecast for 2021 - 2026 

  3.4.1 Estimating growth rates for emerging and high-growth markets

  3.4.2 Estimating growth rates for mature markets

  Exhibit 13:  Global - Market size and forecast 2021 - 2026 ($ million)

  Exhibit 14:  Global market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis 

  4.1 Five Forces Summary 

  Exhibit 15:  Five forces analysis 2021 & 2026

  4.2 Bargaining power of buyers 

  Exhibit 16:  Bargaining power of buyers

  4.3 Bargaining power of suppliers 

  Exhibit 17: Bargaining power of suppliers

  4.4 Threat of new entrants 

  Exhibit 18:  Threat of new entrants

  4.5 Threat of substitutes 

  Exhibit 19: Threat of substitutes

  4.6 Threat of rivalry 

  Exhibit 20: Threat of rivalry

  4.7 Market condition

  Exhibit 21:  Market condition - Five forces 2021

5. Market Segmentation by Application 

  5.1 Market segments

  The segments covered in this chapter are:

• Domestic tasks
• Education
• Security and surveillance
• Others

  Exhibit 22:  Application - Market share 2021-2026 (%)

  5.2 Comparison by Application 

  Exhibit 23:  Comparison by Application

  5.3 Domestic tasks - Market size and forecast 2021-2026 

  Exhibit 24:  Domestic tasks - Market size and forecast 2021-2026 ($ million)

  Exhibit 25:  Domestic tasks - Year-over-year growth 2021-2026 (%)

  5.4 Education - Market size and forecast 2021-2026 

  Exhibit 26:  Education - Market size and forecast 2021-2026 ($ million)

  Exhibit 27:  Education - Year-over-year growth 2021-2026 (%)

  5.5 Security and surveillance - Market size and forecast 2021-2026 

  Exhibit 28:  Security and surveillance - Market size and forecast 2021-2026 ($ million)

  Exhibit 29:  Security and surveillance - Year-over-year growth 2021-2026 (%)

  5.6 Others - Market size and forecast 2021-2026 

  Exhibit 30:  Others - Market size and forecast 2021-2026 ($ million)

  Exhibit 31:  Others - Year-over-year growth 2021-2026 (%)

  5.7 Market opportunity by Application 

  Exhibit 32:  Market opportunity by Application

6. Customer landscape 

  Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

  6.1 Overview

  Exhibit 33:  Customer landscape

7. Geographic Landscape 

  7.1 Geographic segmentation

  The regions covered in the report are:

• APAC
• Europe
• North America
• South America
• MEA

  Exhibit 34:  Market share by geography 2021-2026 (%)

  7.2 Geographic comparison 

  Exhibit 35:  Geographic comparison

  7.3 APAC - Market size and forecast 2021-2026 

  Exhibit 36:  APAC - Market size and forecast 2021-2026 ($ million)

  Exhibit 37:  APAC - Year-over-year growth 2021-2026 (%)

  7.4 Europe - Market size and forecast 2021-2026 

  Exhibit 38:  Europe - Market size and forecast 2021-2026 ($ million)

  Exhibit 39:  Europe - Year-over-year growth 2021-2026 (%)

  7.5 North America - Market size and forecast 2021-2026 

  Exhibit 40:  North America - Market size and forecast 2021-2026 ($ million)

  Exhibit 41:  North America - Year-over-year growth 2021-2026 (%)

  7.6 South America - Market size and forecast 2021-2026 

  Exhibit 42:  South America - Market size and forecast 2021-2026 ($ million)

  Exhibit 43:  South America - Year-over-year growth 2021-2026 (%)

  7.7 MEA - Market size and forecast 2021-2026 

  Exhibit 44:  MEA - Market size and forecast 2021-2026 ($ million)

  Exhibit 45:  MEA - Year-over-year growth 2021-2026 (%)

  7.8 Key leading countries 

  Exhibit 46:  Key leading countries

  7.9 Market opportunity by geography

  Exhibit 47:  Market opportunity by geography ($ million)

8. Drivers, Challenges, and Trends 

  8.1 Market drivers 

  8.1.1 Growing demand for robotic automation processes

  8.1.2 Increasing adoption of robotics in diverse application fields

  8.1.3 Increasing use of IoT in robots for cost-effective predictive maintenance

  8.2 Market challenges 

  8.2.1 High cost associated with robotic systems

  8.2.2 Lack of skilled technicians

  8.2.3 Stringent regulations and safety concerns related to robotics

  Exhibit 48:  Impact of drivers and challenges

  8.3 Market trends 

  8.3.1 Government support for robotics

  8.3.2 Strategic collaboration, partnership, and merger and acquisition

  8.3.3 Expansion of new plants, offices, and locations

9. Vendor Landscape 

  9.1 Overview

  Exhibit 49:  Vendor landscape

  9.2 Landscape disruption 

  Exhibit 50:  Landscape disruption

  Exhibit 51:  Industry risks

10. Vendor Analysis 

  10.1 Vendors covered 

  Exhibit 52:  Vendors covered

  10.2 Market positioning of vendors 

  Exhibit 53: Market positioning of vendors

  10.3 Alphabet Inc. 

  Exhibit 54:  Alphabet Inc. - Overview

  Exhibit 55:  Alphabet Inc. - Business segments

  Exhibit 56:  Alphabet Inc. - Key offerings

  Exhibit 57:  Alphabet Inc. - Segment focus

  10.4 Amazon.com Inc.

  Exhibit 58:  Amazon.com Inc. - Overview

  Exhibit 59:  Amazon.com Inc. - Business segments

  Exhibit 60:  Amazon.com Inc. - Key news

  Exhibit 61:  Amazon.com Inc. - Key offerings

  Exhibit 62:  Amazon.com Inc. - Segment focus

  10.5 Ecovacs Robotics Inc. 

  Exhibit 63:  Ecovacs Robotics Inc. - Overview

  Exhibit 64:  Ecovacs Robotics Inc. - Product and service

  Exhibit 65:  Ecovacs Robotics Inc. - Key offerings

  10.6 Gaussian Robotics Pte Ltd. 

  Exhibit 66:  Gaussian Robotics Pte Ltd. - Overview

  Exhibit 67:  Gaussian Robotics Pte Ltd. - Product and service

  Exhibit 68:  Gaussian Robotics Pte Ltd. - Key news

  Exhibit 69:  Gaussian Robotics Pte Ltd. - Key offerings

  10.7 Honda Motor Co. Ltd.  

  Exhibit 70:  Honda Motor Co. Ltd.  - Overview

  Exhibit 71:  Honda Motor Co. Ltd.  - Business segments

  Exhibit 72:  Honda Motor Co. Ltd.  - Key offerings

  Exhibit 73:  Honda Motor Co. Ltd.  - Segment focus

  10.8 Irobot Corp. 

  Exhibit 74:  Irobot Corp. - Overview

  Exhibit 75:  Irobot Corp. - Product and service

  Exhibit 76:  Irobot Corp. - Key offerings

  10.9 Neato Robotics Inc.  

  Exhibit 77:  Neato Robotics Inc.  - Overview

  Exhibit 78:  Neato Robotics Inc.  - Product and service

  Exhibit 79:  Neato Robotics Inc.  - Key offerings

  10.10 Parrot Drone SAS 

  Exhibit 80:  Parrot Drone SAS - Overview

  Exhibit 81:  Parrot Drone SAS - Business segments

  Exhibit 82:  Parrot Drone SAS - Key offerings

  10.11 Ubtech Robotics Inc. 

  Exhibit 83:  Ubtech Robotics Inc. - Overview

  Exhibit 84:  Ubtech Robotics Inc. - Product and service

  Exhibit 85:  Ubtech Robotics Inc. - Key offerings

  10.12 WowWee Group Ltd. 

  Exhibit 86:  WowWee Group Ltd. - Overview

  Exhibit 87:  WowWee Group Ltd. - Product and service

  Exhibit 88:  WowWee Group Ltd. - Key offerings

11. Appendix 

  11.1 Scope of the report 

  11.1.1 Market definition

  11.1.2 Objectives

  11.1.3 Notes and caveats

  11.2 Currency conversion rates for US$ 

  Exhibit 89:  Currency conversion rates for US$

  11.3 Research Methodology 

  Exhibit 90:  Research Methodology

  Exhibit 91:  Validation techniques employed for market sizing

  Exhibit 92:  Information sources

  11.4 List of abbreviations 

  Exhibit 93:  List of abbreviations

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