Consumer Robotics Market by Application, Distribution Channel and Geography - Forecast and Analysis 2023-2027

Consumer Robotics Market Forecast 2023-2027

The consumer robotics market size is forecast to increase by USD 23.44 billion, at a CAGR of 26.89% between 2022 and 2027. Market growth hinges on several factors, notably the rising demand for robotic automation processes, social trends fueling the acceptance of robot vacuum cleaners in urban locales, and the expanding integration of IoT in robots to enable cost-effective predictive maintenance strategies. These elements collectively contribute to a dynamic landscape where technological advancements meet consumer needs and industry demands. The surge in interest and investment in robotic technology is not only reshaping industrial workflows but also revolutionizing household chores and maintenance tasks. As society embraces automation and connectivity, the market for robotic technology continues to evolve, offering innovative solutions that enhance efficiency, convenience, and sustainability across various sectors.

What will be the Size of the Market During the Forecast Period?

Market Forecast 2023-2027

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Market Segmentation

This report extensively covers market segmentation by Application (domestic task, education, healthcare, and others), Distribution Channel (offline and online), and Geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Market Dynamics

The market is driven by advancements in technology and engineering, particularly in industrial automation and smart home solutions. The increasing demand for cost savings and regulatory compliance fuels adoption. Trends include personalization in robotics, integration with Internet of Things (IoT), and partnerships like those seen with Dyson. Challenges include compatibility issues with existing systems, ensuring regulatory compliance, and addressing customer concerns about privacy and security in connected devices. Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. 

 Key Market Driver - Increasing use of IoT in robots for cost-effective predictive maintenance

The IoT's rapid growth is driven by the connected environment's increasing importance. IoT devices collect data through sensors, transmit it in real-time, and empower users to make informed decisions. In the market, OEMs are enhancing products with digital control, wireless communication, and IoT-enabling technologies, improving efficiency and performance.

Moreover, machine builders and manufacturers will lead IoT adoption, focusing on areas like big data analytics and smart energy monitoring. companies are shifting towards online customer service options, using IoT for interactions and issue resolution. They provide predictive and proactive services through remote platforms, enabling real-time monitoring of robotics devices and efficient maintenance planning. Companies are modifying business models to ensure interoperability, connectivity, and real-time data collection. This allows consumer robotic technology service providers to prioritize preventive maintenance and drive market growth.

Significant Market Trends - E-commerce as a platform for product sales

E-commerce is an extensively used distribution channel for consumer robotics, while retail shops were the only platform to sell products in the past. The concerned market companies have started selling their products on e-commerce platforms due to the increasing popularity. This has not only helped companies reach out to more customers but has also reduced the cost of infrastructure development and marketing. Showcasing products on online platforms reduces the associated costs for companies by more than 25%. Therefore, companies are reducing the per-unit cost of consumer robotics, leading to increased sales.

Moreover, many companies also offer discounts and special offers to customers. Along with increasing sales, e-commerce platforms help companies gain feedback from customers about their products for further improvements. After the outbreak of COVID-19 in 2020, companies are increasingly adopting e-commerce channels to increase their sales. Thus, the growing popularity of e-commerce channels due to the convenience of in-home shopping will increase the sales of consumer robotics, which, in turn, will boost the growth of the global market during the forecast period.

Major Market Challenge - Stringent regulations and safety concerns related to robotics

Human errors, control errors, unauthorized access, mechanical failures, environmental sources, power systems, and poor installation are the seven risks associated with human involvement in robots and machines, including consumer robotics. Studies show an initial increase in occupational injuries when robots are introduced, but this trend becomes negligible or even negative within the first two years. The American National Standards Institute (ANSI) sets safety standards for robots and their integration into workplaces. Safety certification is also required for domestic robots. Robot designers must prioritize human safety regardless of potential failures or misuse.

Furthermore, AI-powered humanoid robots pose risks to people and property, as their behavior can vary based on different inputs. Analyzing consumer data raises privacy concerns if the system is breached or data is sold to third parties. This information can be exploited for business gain or invasive monitoring of users' activities. These factors may lead to reduced adoption of consumer robotics, impacting the market's growth during the forecast period.

Market Segmentation by Application, Distribution Channel, Geography

The market is at the forefront of technology and engineering innovations, particularly in industrial automation and household chores. It encompasses a diverse range of robotics applications, including industrial robots for manufacturing processes, service robots for customer interaction, mobile robots for logistics, and autonomous drones for aerial tasks. One of the driving forces behind the growth of this market is regulatory compliance and cost savings achieved through robotic solutions. Technological advancements have enabled niche applications such as smart homes and Internet of Things (IoT) integration, leading to increased personalization and automation in daily life activities like cleaning, cooking, and gardening. Companies like Dyson are leading the way with innovative products in home automation and smart home gadgets, catering to customer needs and preferences. Additionally, partnerships and collaborations are fostering strategic alliances to enhance the capabilities of semi-autonomous and fully autonomous robots for both household and industrial use.

Application Analysis

The market share by the domestic task segment is the largest during the forecast period. Consumer robotics, including vacuum cleaners, are being increasingly used for domestic tasks like pool cleaning, lawn mowing, and house cleaning. In 2021, robots replaced around 25% of vacuum cleaners. These robots are now being integrated with smart home features, leveraging IoT technology for remote control and monitoring. For example, ROOBO's Domgy robot can manage household systems and interact with humans. The demand for robotics in domestic applications is projected to grow.

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The domestic task segment was valued at USD 3.04 billion in 2017 and continued to grow until 2021. Automation technologies like app integration and intelligent navigation are reducing user intervention and improving the user experience. Navigation algorithms have become more effective, enabling better performance in various conditions. Integration with AI services like Amazon Alexa and Google Assistant offers features such as self-recharging and auto-cleaning. Improved robotic lawnmowers and pool cleaners provide advanced capabilities like rain detection and cleaning on different surfaces. The integration of AI in consumer robotics enhances their performance and popularity for household chores. These factors will drive the growth of the global market in the domestic task segment.

Distribution Channel Analysis

The offline store is the largest segment of the global market and will continue to remain the largest segment during the forecast period. The growth in the segment is primarily attributed to the rise in the number of specialty stores selling electronic appliances, which has increased the amount of shelf space available for marketing consumer robotics. Moreover, the growing demand for technologically advanced consumer electronics, such as consumer robotics, will boost the growth of the offline segment during the forecast period.

The online segment of the global market is expected to witness a double-digit growth rate during the forecast period owing to rising penetration of the Internet and smartphone, particularly in emerging economies like India. The growing e-commerce industry worldwide is boosting the growth of the online segment of the market in focus. 

Regional Analysis

APAC is estimated to contribute 42% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  

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APAC countries like Japan, China, Singapore, and South Korea are major producers of consumer robotics. The adoption of service robotics is driven by the growing elderly populations in Singapore and Japan, where the number of people aged 65 and above has significantly increased. In China, the accessibility of affordable consumer robotics and the rising number of high-net-worth individuals (HNWIs) fuel the adoption of consumer robots. Moreover, consumer robotics is required to carry out domestic tasks. For example, the robotic vacuum cleaner market is projected to grow at a CAGR of 13% in Asia, driven by countries like Japan, China, and South Korea adopting robots for cleaning and dishwashing purposes.

Moreover, the forecast period will see an increase in demand for long-term care due to the growing elderly population, leading to higher government spending. However, the lack of qualified workers poses challenges for long-term care providers, driving the use of consumer robotics in elderly care. This high demand for consumer robots is expected to attract new players to the market.  For example, Softbank's consumer robots, Pepper and Nao, are utilized for instruction in numerous preschools in Singapore. This adoption of consumer robots in education will contribute to the growth of the APAC market.

Who are the Major Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Irobot Corp.- The company offers e-scooters such as Activa electric.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including Alphabet Inc.. Amazon.com Inc., Beijing TimeRiver Technology Co Ltd, BLUE FROG ROBOTICS SAS, Cecotec, Dyson Ltd., Gaussian Robotics Pte Ltd., Honda Motor Co. Ltd, JS Global Lifestyle Co. Ltd., LG Electronics Inc., Neato Robotics Inc., Nippon Telegraph and Telephone Corp., Parrot Drones SAS, Proscenic, Samsung Electronics Co. Ltd., Ubtech Robotics Inc, WowWee Group Ltd., Xiaomi Inc., Ecovacs Robotics Co. Ltd.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis of the latest trends and growth opportunities from 2017 to 2027. 

• Distribution Channel Outlook 
  • Offline
  • Online
• Application Outlook 
  • Domestic task
  • Education
  • Healthcare
  • Others
• Region Outlook
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • South America
    • Chile
    • Brazil
    • Argentina

Market Analyst Overview

The market is experiencing significant growth driven by advancements in technology and engineering, particularly in industrial automation. This growth extends to various sectors, including service robots, mobile robots, and autonomous drones. Regulatory compliance and cost savings play pivotal roles, fostering a climate of innovation and expansion. Technological advancements have led to niche applications like smart homes and Internet of Things (IoT) integration, supported by strategic partnerships and the emergence of semi-autonomous and fully autonomous robots. These developments have revolutionized household tasks such as cooking, gardening, and cleaning, especially relevant for an aging population and those managing chronic diseases.

Moreover, companies like Intuitive Surgical, Omron Healthcare, and ReWalk Robotics are driving progress in medical devices and robotic surgical systems, leveraging microcontrollers and AI. However, challenges persist, including compatibility issues with home automation systems and connectivity protocols. Yet, the market witnesses wide adoption due to the appeal of social robots providing companionship, emotional support, and entertainment. Notable examples include Buddy, an emotional support robot, and robotic vacuum cleaners, floor mopping robots, and UV sterilizing robots, ensuring hygiene and sanitation by tackling dust, dirt, allergens, and harmful pathogens in floors and air.

Market Scope
Report Coverage	Details
Page number	170
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 26.89%
Market growth 2023-2027	USD  23.43 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	25.69
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 42%
Key countries	US, China, Japan, South Korea, and Germany
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	Alphabet Inc., Amazon.com Inc., Beijing TimeRiver Technology Co Ltd, BLUE FROG ROBOTICS SAS, Cecotec, Dyson Ltd., Gaussian Robotics Pte Ltd., Honda Motor Co. Ltd, Irobot Corp., JS Global Lifestyle Co. Ltd., LG Electronics Inc., Neato Robotics Inc., Nippon Telegraph and Telephone Corp., Parrot Drones SAS, Proscenic, Samsung Electronics Co. Ltd., Ubtech Robotics Inc, WowWee Group Ltd., Xiaomi Inc., and Ecovacs Robotics Co. Ltd
Market dynamics	Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2023 and 2027
• Precise estimation of the size of the market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough market research and growth analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive market growth and forecasting analysis of factors that will challenge the growth of market companies

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