PUBLISHER: TechNavio | PRODUCT CODE: 1915334
PUBLISHER: TechNavio | PRODUCT CODE: 1915334
The global robotics market in personal and homecare sector is forecasted to grow by USD 7346.0 mn during 2024-2029, accelerating at a CAGR of 11.5% during the forecast period. The report on the global robotics market in personal and homecare sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand driven by global aging population, accelerated innovation through advancements in artificial intelligence and sensor technologies, shifting consumer perceptions and rising disposable income fueling market adoption.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 10.1% |
| CAGR | 11.5% |
| Incremental Value | $7346.0 mn |
Technavio's global robotics market in personal and homecare sector is segmented as below:
By Product
By Technology
By Distribution Channel
Geography
This study identifies the ascendance of artificial intelligence and machine learning for hyper-personalization as one of the prime reasons driving the global robotics market in personal and homecare sector growth during the next few years. Also, expansion into elderly care and assisted living solutions and convergence with internet of things and smart home ecosystems will lead to sizable demand in the market.
The report on the global robotics market in personal and homecare sector covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global robotics market in personal and homecare sector vendors that include Beijing Roborock Technology Co. Ltd., BISSELL Inc., BLUE FROG ROBOTICS SAS, Dyson Group Co., Ecovacs Robotics Co. Ltd., F and P Robotics AG, GeckoSystems Intl. Corp., Husqvarna AB, ILIFE, Irobot Corp., LG Electronics Inc., Maytronics Ltd., Miele and Cie. KG, Panasonic Holdings Corp., PARO Robots US Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., SharkNinja Operating LLC, Sony Group Corp., Xiaomi Inc.. Also, the global robotics market in personal and homecare sector analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.