Consumer robotics has emerged as a promising market in recent years, with a projected growth rate of 27.54% between 2023 and 2030. According to a recent report by 360 Research Reports, the global consumer robotics market is expected to reach USD 39,701.16 million by 2028, indicating a steady rise in adoption and market expansion.
The report provides a comprehensive analysis of the consumer robotics market, covering the period from 2018 to 2028. It offers insights into the current market status, trends, and competitive landscape, as well as a detailed exploration of segment markets by type, application, and region.
One of the key drivers of the consumer robotics market is the growing demand for robotics in both household and commercial applications. Cleaning robots, lawn-mowing robots, and companion robots are among the types of consumer robotics that are in high demand globally. These robots offer convenience, efficiency, and even emotional support in various settings.
Leading regions in the consumer robotics market include North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. These regions are witnessing significant growth due to technological advancements, increasing consumer awareness, and the presence of key market players.
The COVID-19 pandemic has also had a notable impact on the consumer robotics market. The report analyzes the effects of the pandemic globally and regionally, including market size, trends, and growth. The pandemic has accelerated the adoption of consumer robotics in various industries, as it has highlighted the need for automation, contactless services, and remote operations.
In conclusion, the consumer robotics market is experiencing steady growth, driven by the demand for robotics in household and commercial applications. The market is expected to continue expanding, with a projected market value of USD 39,701.16 million by 2028. The COVID-19 pandemic has further emphasized the importance of automation and robotics, driving the market’s growth even further.
Sources:
– 360 Research Reports
– “Consumer Robotics Market” report