Market Overview:
The global consumer grade robotics market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for robots across different applications, and the growing adoption of robots for domestic purposes. The cleaning robot segment is expected to hold the largest share of the global consumer grade robotics market in 2018, followed by smart speakers and drones. The increasing demand for autonomous cleaning solutions is driving the growth of this segment. In terms of application, online sales are expected to account for a larger share of the global consumer grade robotics market than offline sales in 2018.
Product Definition:
A type of robotics meant for use by consumers in their everyday lives, as opposed to industrial or research grade robotics. Consumer grade robotics can include anything from drones and home assistants to autonomous vehicles. They are typically less expensive and more accessible than other types of robots, making them popular among consumers. The importance of consumer grade robotics lies in their ability to make technology more accessible and useful for people in their everyday lives.
Cleaning Robots:
Cleaning robots are autonomous mobile machines that are designed to perform household tasks. They can navigate around and clean the house without any human intervention. The global market for cleaning robots is expected to witness significant growth over the forecast period owing to factors such as increasing disposable income, rising standard of living, and growing population in emerging economies across Asia Pacific and Latin America regions.
The major factor driving demand for these products is their ability to save time spent on daily chores by performing them efficiently.
Smart Speakers:
Smart speakers are electronic devices that use voice recognition technology to understand the content being said. They can identify the name of a person, place or any other object and respond accordingly. The device uses Artificial Intelligence (AI) to process speech and carry out commands using online sources such as Google Expressions, Alexa & Siri or Baidu Speech Platform.
The global smart speaker shipments were estimated at over 15 million units in 2018.
Application Insights:
The offline sales segment dominated the global consumer grade robotics market, accounting for more than 50.0% share of the total revenue in 2017. The growth can be attributed to a rise in demand for products such as vacuum cleaners and lawn mowers from consumers at home who prefer to buy these appliances directly from manufacturers or authorized dealers. This trend is expected to drive the adoption of robots over the coming years, thereby benefitting application segments such as online and offline sales.
The online sales segment is anticipated to witness considerable growth over the forecast period owing to an increase in e-commerce activities across various countries worldwide including China, Japan, Germany and India among others where consumers are preferring purchasing goods through websites due to convenience coupled with ease of payment options offered by these websites compared with traditional brick-and-mortar retail stores or malls where consumer grade robotics are used extensively for delivering orders on a daily basis which has further accelerated adoption rate globally among retailers driving demand globally for consumer grade robotics applications.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing investments by companies for deploying advanced technologies and growing adoption of automation across various sectors, such as retail, warehousing, and logistics. Moreover, rising demand for consumer electronics with enhanced features has led to increased sales of robots across this region.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due primarily on-demand labor availability along with advancements in industrial infrastructure coupled with rapid urbanization that has resulted into increased spending power among consumers resulting into high demand for consumer products including smart devices and appliances among other things which will drive growth of robot applications over this region during the forecast period.
Growth Factors:
- Increasing demand for automation in manufacturing and logistics industry
- Rising labor costs in developed countries
- Growing demand from small and medium-sized businesses (SMBs)
- Increasing focus on safety and efficiency in industrial robotics applications
- Proliferation of low-cost, easy-to-use robots for personal use
Scope Of The Report
Report Attributes
Report Details
Report Title
Consumer Grade Robotics Market Research Report
By Type
Cleaning Robots, Smart Speakers, Consumer Drones, Service Robots
By Application
Online Sales, Offline Sales
By Companies
iRobot, Ecovacs, Xiaomi, Shark, Neato Robotics, Cecotec, Yujin Robot, Matsutek, Proscenic, Samsung, iLife, Dyson, Miele, LG, Vorwerk, Infinuvo(Metapo), Fmart, DJI, Parrot, Google, Amazon, Alibaba, Baidu, Ubtech, Iflytek, CANBOT, Gowild
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Consumer Grade Robotics Market Report Segments:
The global Consumer Grade Robotics market is segmented on the basis of:
Types
Cleaning Robots, Smart Speakers, Consumer Drones, Service Robots
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sales, Offline Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- iRobot
- Ecovacs
- Xiaomi
- Shark
- Neato Robotics
- Cecotec
- Yujin Robot
- Matsutek
- Proscenic
- Samsung
- iLife
- Dyson
- Miele
- LG
- Vorwerk
- Infinuvo(Metapo)
- Fmart
- DJI
- Parrot
- Amazon
- Alibaba
- Baidu
- Ubtech
- Iflytek
- CANBOT
- Gowild
Highlights of The Consumer Grade Robotics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cleaning Robots
- Smart Speakers
- Consumer Drones
- Service Robots
- By Application:
- Online Sales
- Offline Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Consumer Grade Robotics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Consumer grade robotics is a term used to describe robots that are designed for use by consumers, such as hobbyists and small businesses. These robots typically have lower price tags and are not intended for industrial or commercial use.
Some of the major companies in the consumer grade robotics market are iRobot, Ecovacs, Xiaomi, Shark, Neato Robotics, Cecotec, Yujin Robot, Matsutek, Proscenic, Samsung, iLife, Dyson, Miele, LG, Vorwerk, Infinuvo(Metapo), Fmart, DJI, Parrot, Google, Amazon, Alibaba, Baidu, Ubtech, Iflytek, CANBOT, Gowild.
The consumer grade robotics market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Consumer Grade Robotics Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Consumer Grade Robotics Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Consumer Grade Robotics Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Consumer Grade Robotics Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Consumer Grade Robotics Market Size & Forecast, 2018-2028 4.5.1 Consumer Grade Robotics Market Size and Y-o-Y Growth 4.5.2 Consumer Grade Robotics Market Absolute $ Opportunity
Chapter 5 Global Consumer Grade Robotics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Consumer Grade Robotics Market Size Forecast by Type
5.2.1 Cleaning Robots
5.2.2 Smart Speakers
5.2.3 Consumer Drones
5.2.4 Service Robots
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Consumer Grade Robotics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Consumer Grade Robotics Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Consumer Grade Robotics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Consumer Grade Robotics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Consumer Grade Robotics Analysis and Forecast
9.1 Introduction
9.2 North America Consumer Grade Robotics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Consumer Grade Robotics Market Size Forecast by Type
9.6.1 Cleaning Robots
9.6.2 Smart Speakers
9.6.3 Consumer Drones
9.6.4 Service Robots
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Consumer Grade Robotics Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Consumer Grade Robotics Analysis and Forecast
10.1 Introduction
10.2 Europe Consumer Grade Robotics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Consumer Grade Robotics Market Size Forecast by Type
10.6.1 Cleaning Robots
10.6.2 Smart Speakers
10.6.3 Consumer Drones
10.6.4 Service Robots
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Consumer Grade Robotics Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Consumer Grade Robotics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Consumer Grade Robotics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Consumer Grade Robotics Market Size Forecast by Type
11.6.1 Cleaning Robots
11.6.2 Smart Speakers
11.6.3 Consumer Drones
11.6.4 Service Robots
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Consumer Grade Robotics Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Consumer Grade Robotics Analysis and Forecast
12.1 Introduction
12.2 Latin America Consumer Grade Robotics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Consumer Grade Robotics Market Size Forecast by Type
12.6.1 Cleaning Robots
12.6.2 Smart Speakers
12.6.3 Consumer Drones
12.6.4 Service Robots
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Consumer Grade Robotics Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Consumer Grade Robotics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Consumer Grade Robotics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Consumer Grade Robotics Market Size Forecast by Type
13.6.1 Cleaning Robots
13.6.2 Smart Speakers
13.6.3 Consumer Drones
13.6.4 Service Robots
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Consumer Grade Robotics Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Consumer Grade Robotics Market: Competitive Dashboard
14.2 Global Consumer Grade Robotics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 iRobot
14.3.2 Ecovacs
14.3.3 Xiaomi
14.3.4 Shark
14.3.5 Neato Robotics
14.3.6 Cecotec
14.3.7 Yujin Robot
14.3.8 Matsutek
14.3.9 Proscenic
14.3.10 Samsung
14.3.11 iLife
14.3.12 Dyson
14.3.13 Miele
14.3.14 LG
14.3.15 Vorwerk
14.3.16 Infinuvo(Metapo)
14.3.17 Fmart
14.3.18 DJI
14.3.19 Parrot
14.3.20 Google
14.3.21 Amazon
14.3.22 Alibaba
14.3.23 Baidu
14.3.24 Ubtech
14.3.25 Iflytek
14.3.26 CANBOT
14.3.27 Gowild