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Household Robot Market Size by Manufacturers, Countries, Type and Application, Forecast to 2025 (SARS-CoV-2, Covid-19 Analysis)

Household Robot Market Size

The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Household Robot Market Size. The growth sectors of the Household Robot Market Size are identified with precision for a better growth perspective.

The global household robot market is expected to cross USD 8.5 Billion by 2025 at a CAGR of 15.5%.

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Market Synopsis

Advances in the robotics industry have ensured cost effective robots engineered for specific domestic and household tasks.

According to the International Federation of Robotics, household and entertainment robots sold approximately 42 million units between 2016 and 2019. This number is expected to keep cumulatively increasing over the forecast period.

Growth of allied markets, such as robotics, AI, microprocessors, electronics and telecommunications are directly fueling the growth of the household robotics market by making the manufacture of robots cost efficient and enhancing the computational capabilities of the robots.

Market USP

Cost effective manufacturing and an increase in specialized robots who can manage multiple household chores, entertainment and companionship.

Market Drivers

  • Ability to perform an increasing number of household chores.
  • Increasing affordability.
  • Better efficiency in managing assigned tasks when compared to humans.
  • Growing understanding of AI and robotics.
  • Increasing Entertainment and companionship demand which are fulfilled by specialized robots.
  • Viable alternative in regions where manpower costs are high.

Market Constraints

  • Unit costs are still high in developing countries.
  • Reduced demand in regions with cheap labor.

Segmentation

By Component

  1. Product: The larger segment by size as well as growth, products encapsulates all versions of domestic robots.
  2. Services: This segment, though not commanding the large share of the products segment, is critical as it oversees the installation, maintenance and reprogramming of robots.

By Type

  1. Domestic: A dominating market segment, domestic robots find increasing utility for performing menial chores such as vacuuming, lawn-mowing, window cleaning, pool cleaning. Mass production and lowering costs for domestic robots will fuel this segment.
  2. Entertainment: A growing segment which includes robotic pets, robotic companions and even educational robots geared for children. Advances in AI and voice recognition technology are directly fueling the growth of this segment. Robots are increasing their heuristic learning abilities and try to tailor-make their experience for the users.

By Application

  1. Housecleaning: Housecleaning robots sell the maximum number of units, with this segment dominated by vacuuming robots followed by window cleaning robots. Their low cost and enhanced efficiency are primary reasons for this segment to grow.
  2. Lawn mowing: Increasing sophisticated models with reduced noise emission, lawn-mowing robots are prized for their efficiency. According to The Telegraph, a fully charged Husqvarna Automower can maintain 5000 square meters of lawn.
  3. Companionship: A growing segment of individuals in the US, Europe and Japan are opting for companionship robots due to an increase in lonely individuals. Robot companions have highly developed AI’s and a very high heuristic learning curve enabling them to understand the behavior and the temperament of their users.
  4. Toys & hobby systems: Robotic pets and educational robots currently dominate this market segment.
  5. Elderly assistance: With growing geriatric populations in Japan and most of Western Europe, there is a demand for elderly assistance robots due to a paucity of caregivers. These robots combine physical assistance, personal servitude and act as carriers for their elderly users. This market is limited by the high cost of a unit.
  6. Laundry robots: According to The Robot Report, The US alone spends 800,000 man-hours a day folding over 120 million items. FoldiMate, a laundry robot, can fold items twice as fast as humans thereby saving time.
  7. Others: Robot Butlers, kitchen robots are covered in this segment.

By Region

  1. North America: A very large market with a very high growth forecast for housecleaning robots, the North American domestic robotics market is supported by a robust robotics industry and acceptance for robotic technology.
  2. Europe: A growing geriatric population is fueling the demand for elderly assistance robots while the younger populace has a demand for companionship robots and robotic toys.
  3. Asia-Pacific: The region with maximum growth potential for this market, Japan is a world leader in robotics manufacture and innovation with an increasing demand for state-of-the-art elderly assistance and companionship robots. China and South Korea have established chip manufacturing and machining industries, which are required to create robots, further aiding in the growth of this market by cutting production costs.
  4. Rest of the World: A small market, primarily interested in domestic robots, this market is limited by its small size and the paucity of supporting infrastructure for the manufacture of robots.

Key Players

  1. Samsung Electronics Co. Ltd (South Korea): A leading innovator and manufacturer of household robots, Samsung is concentrating on affordability for household robots such as its Samsung POWERbot R9350. It is researching into newer areas such as its Samsung Bot Chef, a kitchen assistant.
  2. iRobot (US): Concentrating on vacuuming and floor cleaning robots, iRobot is highly popular in the US due to its cost-effective models such as the Roomba i7+.
  3. Neato (US): Neato is a relatively small enterprise who design their products in the US and manufacture them in China. They are solely focused on their successful vacuuming robots such as its Neato Botvac series.
  4. LG Electronics Inc (South Korea): A market leader for electronics, LG provides a wide variety of household domestic appliances with emphasis on nuancing their robots for niche applications. The LG SIGNATURE smart wi-fi enabled Air Purifier is one such product.
  5. Ecovacs (China): catering to the Chinese demand for domestic robots, Ecovacs is particularly well known for its window cleaning WINBOT series. They are also driving innovation and won the 2015 CES innovation award for their solar panel cleaning robot.
  6. Dyson (UK): A British company specializing in robotic vacuum cleaners, they are researching into other types of domestic robots as well.
  7. Alfred Kärcher (Germany): Driving innovation and emphgasising robot quality, this company is prized for its cutting edge household robots such as the smart RC 3 house cleaner.
  8. Lego (Denmark): Catering to the robot toy market, Lego’s Mindstorm kits are packages of disassembled robots which children can assemble, program and reprogram.
  9. John Deere (US): Specializing in lawn maintenance robots, John Deere uses its tech expertise in manufacturing industrial robots an applies it to its growing household robot inventory.
  10. iLife Innovation (China): Using Smart Cleaning robots, iLife caters to cleaning needs such as floor washing and pet hair removal from floors.
  11. BSH Hausgeräte (Germany): The largest home appliance manifacturer in Europe, BSH is including robotic appliances in its repertoire.
  12. Miele (Germany): Retaining excellent artistic sensibilities, Miele produces domestic robots that have high gunctionality and are aesthetically appealing like the Miele Scout RX2.
  13. Robomow (Israel): Producing robotic lawnmowers with an emphasis on reducing production costs and making robust models suited for warm-Mediterranean and semi-arid climates.
  14. Blue Frog Robotics (France): Pioneering the innovation of companion robots, such as the advanced Buddy Companion robot with the ability to mimic human emotions.

Husqvarna (Sweden): Primarily into Industrial robotics, Husqvarna has started entering the domestic robot market, especially with its Automower which is completely independent, with the ability to charge itself when low on power, analyze the lawn, etc.

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