Entertainment Robots Market Analysis Europe,APAC,North America,Middle East and Africa,South America - US,China,Japan,Germany,UK - Size and Forecast 2023-2027

Published: Oct 2023

Pages: 166

SKU: IRTNTR70859

Snapshot

Entertainment Robots Market Forecast 2023-2027

The entertainment robots market size is estimated to grow by USD 47,514.74 million at a CAGR of 25% between 2022 and 2027. The growth of the market depends on several factors such as the increasing demand for entertainment robots for leisure purposes, the adoption of entertainment robots in STEM teaching, and the adoption of AI in educational robots.

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

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Market Dynamics

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

Increasing demand for entertainment robots for leisure purposes is one of the key drivers for the growth of the market. Entertainment robots are a new type of entertainment and they promote animation. Entertainment robots are designed to bring joy to humans, especially children and the elderly. Unemployed elderly people can easily get bored at home or in healthcare facilities. In such cases, entertainment robots can be used as therapy so that the elderly do not feel lonely, which will improve their quality of life.

For children, entertainment robots can be used as a great learning tool, because children from an early age are fascinated with technology and AI and want to do activities with robots, for example dancing and doing small tasks. Robot toys are designed with children in mind so they can be a source of comfort and advanced technology that can help them to learn. This has a positive impact on the growth of the global entertainment robot market.

Key Trends

Investments by venture capitalists is one of the primary trends shaping the growth of the market. Investing in the robotics industry greatly benefits suppliers as they require a lot of capital to manufacture and develop robots and maintain them. In 2021, companies building robots and drones received about USD 14.9 billion in funding. Venture capitalists invest in commercial entertainment robots because they believe that robots are efficient and increase productivity.

Moreover, as electronic toys influence and encourage children to develop their skills, the market for electronic toys is also anticipated to grow. These toys are battery operated or controlled by a smartphone. These toys are AI-powered and can be used by both adults and children; therefore, investors are motivated to invest in such products. Hence, these factors will drive the growth of the market trends during the forecast period.

Key Challenge

Lack of skilled labor is a challenge that affects the growth of the market. Nowadays, the use of artificial intelligence has made robots look more like humans and perform many tasks. While robots typically operate on predefined commands, they can perform a variety of tasks on their own, such as retrieving an object or analyzing their surroundings through the integration of AI and ML. They are unattended and can perform any task when programmed properly. Humanoid robots know their environment well.

Furthermore, most companies are engaged in AI but lack qualified personnel. The shortage of workers' AI skills is acting as a barrier to technology adoption. Since the lack of skilled AI workers is hampering business, most companies are upskilling and retraining their employees or hiring skilled people with AI expertise. Lack of skilled labor leads to the production of counterfeit goods, which may impede the growth of the market during the forecast period.

Customer Landscape

The market research and growth report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market growth and forecasting report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Entertainment Robots Market Companies?

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.

WowWee Group Ltd.: The company offers entertainment robots such as MINTID DOG E, MIP ARCADE, ROBOSAPIEN X, and CHIPPIES.

The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

The robotics toys segment is estimated to witness significant growth during the forecast period. Both adults and children are fascinated by robot toys and their functions. There are many types of toy robots, such as animal robots and remote control vehicle robots, that are both entertainment and children's companions. Some robotic toys imitate humans and repeat after them and perform activities such as dancing and singing. They perform tasks using programmed commands, remote controls, and sensor signals.

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The robotics toys segment was the largest segment and was valued at USD 7,042.52 million in 2017. The robot toy market is highly competitive as suppliers strive to improve the technology and functionality of the toys to survive in the market. In 2021, Hasbro released the Transformers Optimus Prime toy, a programmable transforming robot. This toy can be connected to a mobile app and controlled, and can also obey voice commands. The growing demand for adult robot toys and the advent of humanoid commercial entertainment robots are estimated to drive the growth of robot toys in the market during the forecast period.

Regional Analysis

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Europe is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The UK, France, Spain, and Germany are the main markets in this region. Some factors, such as the increasing disposable income of the working class, children as well as adults' adoption of digital technology and use of advanced technologies, have contributed to the growth of the market in the region.

Moreover, the market for electronic toys in Europe is growing due to the increase in children's entertainment spending. These toys provide early learning and help children to develop imagination and skills. The wide presence of offline distribution channels, such as retail stores and online distribution channels, is contributing to the growth of the regional market. Hence, such factors are expected to drive market growth in this region during the forecast period.

Market Analyst Overview

The Entertainment Robots Market experiences growth propelled by advances in artificial intelligence technology, expanding applications beyond children's toys to include animatronics and educational tools. Insights into market segments and geographical coverage offer valuable market scenario analyses, driving in-depth expert assessments and import/export, pricing, and production and consumption analyses. With a growing population of elderly and children, robots serve as companions, educational aids, and therapeutic tools, fostering critical thinking and problem-solving skills. Despite challenges like high initial costs and technical complexity, robot companion pets provide therapeutic benefits for senior citizens, alleviating loneliness and enhancing well-being. As trade regulations evolve and domestic players emerge, strategic market growth analyses and product launches capitalize on emerging revenue pockets, paving the way for geographic expansions and technological innovations in the dynamic entertainment robots market.

Segment Overview

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

Product Outlook (USD Million, 2017 - 2027)
- Robotic toys
- Educational robots
- Robotic companion pets

End-user Outlook (USD Million, 2017 - 2027)
- Media
- Education
- Retail

Region Outlook (USD Million, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Brazil
  - Argentina
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Market Scope
Market Report Coverage	Details
Page number	166
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 25%
Market growth 2023-2027	USD 47,514.74 million
Market structure	Fragmented
YoY growth 2022-2023(%)	24.55
Regional analysis	Europe, APAC, North America, Middle East and Africa, and South America
Performing market contribution	Europe at 33%
Key countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	BLUE FROG ROBOTICS SAS, fischerwerke GmbH and Co. KG, HANSON ROBOTICS Ltd., Hasbro Inc., Intuitive Robots, KUKA AG, LEGO System AS, Mattel Inc., Modular Robotics Inc., Neobotix GmbH, PAL Robotics, RN Chidakashi Technologies Inc., ROBOTIS Co. Ltd, RobotShop Inc., Sarcos Technology and Robotics Corp., SoftBank Robotics Group Corp., Sony Group Corp., Sphero Inc., UBTECH Robotics Inc., and WowWee Group Ltd.
Market dynamics	Parent market analysis, 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 market forecasting 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 market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across Europe, APAC, North America, Middle East and Africa, and South America
Thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global entertainment robots market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global entertainment robots market 2017 - 2021 ($ million)

4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product

6.3 Robotic toys - Market size and forecast 2022-2027
- Exhibit 34: Chart on Robotic toys - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Robotic toys - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Robotic toys - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Robotic toys - Year-over-year growth 2022-2027 (%)

6.4 Educational robots - Market size and forecast 2022-2027
- Exhibit 38: Chart on Educational robots - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Educational robots - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Educational robots - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Educational robots - Year-over-year growth 2022-2027 (%)

6.5 Robotic companion pets - Market size and forecast 2022-2027
- Exhibit 42: Chart on Robotic companion pets - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Robotic companion pets - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Robotic companion pets - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Robotic companion pets - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Product
- Exhibit 46: Market opportunity by Product ($ million)
- Exhibit 47: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)

7.2 Comparison by End-user
- Exhibit 50: Chart on Comparison by End-user
- Exhibit 51: Data Table on Comparison by End-user

7.3 Media - Market size and forecast 2022-2027
- Exhibit 52: Chart on Media - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Media - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Media - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Media - Year-over-year growth 2022-2027 (%)

7.4 Education - Market size and forecast 2022-2027
- Exhibit 56: Chart on Education - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Education - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Education - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Education - Year-over-year growth 2022-2027 (%)

7.5 Retail - Market size and forecast 2022-2027
- Exhibit 60: Chart on Retail - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Retail - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Retail - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by End-user
- Exhibit 64: Market opportunity by End-user ($ million)
- Exhibit 65: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.4 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.5 North America - Market size and forecast 2022-2027
- Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.7 South America - Market size and forecast 2022-2027
- Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.10 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027
- Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 Japan - Market size and forecast 2022-2027
- Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

11.4 Industry risks
- Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 117: Vendors covered

12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

12.3 BLUE FROG ROBOTICS SAS
- Exhibit 119: BLUE FROG ROBOTICS SAS - Overview
- Exhibit 120: BLUE FROG ROBOTICS SAS - Product / Service
- Exhibit 121: BLUE FROG ROBOTICS SAS - Key offerings

12.4 HANSON ROBOTICS Ltd.
- Exhibit 122: HANSON ROBOTICS Ltd. - Overview
- Exhibit 123: HANSON ROBOTICS Ltd. - Product / Service
- Exhibit 124: HANSON ROBOTICS Ltd. - Key offerings

12.5 Hasbro Inc.
- Exhibit 125: Hasbro Inc. - Overview
- Exhibit 126: Hasbro Inc. - Business segments
- Exhibit 127: Hasbro Inc. - Key news
- Exhibit 128: Hasbro Inc. - Key offerings
- Exhibit 129: Hasbro Inc. - Segment focus

12.6 KUKA AG
- Exhibit 130: KUKA AG - Overview
- Exhibit 131: KUKA AG - Business segments
- Exhibit 132: KUKA AG - Key offerings
- Exhibit 133: KUKA AG - Segment focus

12.7 LEGO System AS
- Exhibit 134: LEGO System AS - Overview
- Exhibit 135: LEGO System AS - Product / Service
- Exhibit 136: LEGO System AS - Key news
- Exhibit 137: LEGO System AS - Key offerings

12.8 Mattel Inc.
- Exhibit 138: Mattel Inc. - Overview
- Exhibit 139: Mattel Inc. - Business segments
- Exhibit 140: Mattel Inc. - Key news
- Exhibit 141: Mattel Inc. - Key offerings
- Exhibit 142: Mattel Inc. - Segment focus

12.9 Neobotix GmbH
- Exhibit 143: Neobotix GmbH - Overview
- Exhibit 144: Neobotix GmbH - Product / Service
- Exhibit 145: Neobotix GmbH - Key offerings

12.10 PAL Robotics
- Exhibit 146: PAL Robotics - Overview
- Exhibit 147: PAL Robotics - Product / Service
- Exhibit 148: PAL Robotics - Key offerings

12.11 RN Chidakashi Technologies Inc.
- Exhibit 149: RN Chidakashi Technologies Inc. - Overview
- Exhibit 150: RN Chidakashi Technologies Inc. - Product / Service
- Exhibit 151: RN Chidakashi Technologies Inc. - Key offerings

12.12 ROBOTIS Co. Ltd
- Exhibit 152: ROBOTIS Co. Ltd - Overview
- Exhibit 153: ROBOTIS Co. Ltd - Product / Service
- Exhibit 154: ROBOTIS Co. Ltd - Key news
- Exhibit 155: ROBOTIS Co. Ltd - Key offerings

12.13 SoftBank Robotics Group Corp.
- Exhibit 156: SoftBank Robotics Group Corp. - Overview
- Exhibit 157: SoftBank Robotics Group Corp. - Product / Service
- Exhibit 158: SoftBank Robotics Group Corp. - Key offerings

12.14 Sony Group Corp.
- Exhibit 159: Sony Group Corp. - Overview
- Exhibit 160: Sony Group Corp. - Business segments
- Exhibit 161: Sony Group Corp. - Key news
- Exhibit 162: Sony Group Corp. - Key offerings
- Exhibit 163: Sony Group Corp. - Segment focus

12.15 Sphero Inc.
- Exhibit 164: Sphero Inc. - Overview
- Exhibit 165: Sphero Inc. - Product / Service
- Exhibit 166: Sphero Inc. - Key offerings

12.16 UBTECH Robotics Inc.
- Exhibit 167: UBTECH Robotics Inc. - Overview
- Exhibit 168: UBTECH Robotics Inc. - Product / Service
- Exhibit 169: UBTECH Robotics Inc. - Key offerings

12.17 WowWee Group Ltd.
- Exhibit 170: WowWee Group Ltd. - Overview
- Exhibit 171: WowWee Group Ltd. - Product / Service
- Exhibit 172: WowWee Group Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 173: Inclusions checklist
- Exhibit 174: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 175: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 176: Research methodology
- Exhibit 177: Validation techniques employed for market sizing
- Exhibit 178: Information sources

13.5 List of abbreviations
- Exhibit 179: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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