Personal Service Robotics Market size is expected to reach nearly US$ 318.40 Bn by 2029 with the CAGR of 37.20% during the forecast period.Personal Service Robotics Market Overview:
Robotics in professional applications have substantial impact in areas like agriculture, surgery, & logistics. There is increasing demand to monitor everyday surroundings, which results in increased data flows. To fulfil this demand, robots will play an important role in the maintenance and security.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.To know about the Research Methodology :- Request Free Sample Report Robotics in personal & domestic applications has experienced huge growth with a limited number of mass market products: floor cleaning robots and edutainment robots. Future product visions point to domestic robots of high complexity & capability. With many applications in medical, agriculture, defense & logistics, demand for service robots were increased by 27% in 2017. Along with professional service, personal service robotics industry is also growing across the world. The demand for personal & domestic service robots were increased by 16% in 2015. In 2017, around 4 Mn units of personal service robots were sold, which includes vacuum cleaners, window cleaners & lawn mowers. Personal service robotics segment is a new market and is giving rise to different startups. Rising number of startups for this business is expected to contribute in the personal service robotics market growth. Service robots for personal and domestic use are manufactured for a mass market with totally different pricing & marketing channels than professional service robots. The total number of service robots for personal and domestic use increased by 59% to about 16.3 Mn units in 2022. The value was up 15% to USD 3.66 Bn. This includes more than 12.2 Mn robots for domestic tasks. More than 11.6 million robot vacuum and floor cleaners were sold in 2022. Today, this kind of service robots are available in almost every convenience store, making it easily accessible for everyone. Many American, Asian, & European suppliers cater to this market. Much like robot vacuums, lawn-mowing robots are nowadays available in most hardware & gardening stores. However, the market potential of this type of robot is currently limited because they still cannot operate on every ground & their range is bound by their battery capacity. Sales of both, professional and personal service robots will continue to increase strongly.
Personal Service Robotics Market Regional Insights:
Geographically, the Service Robotics Market is segmented by Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. Among all the regions Europe held the dominant market share of xx% in 2022 and is expected to reach US$ Bn by the end of 2029, with a CAGR of xx%. Thanks to the existence of leading countries like U.K and Germany. Technological advancement, higher adoption of Service Robotics in the region driving the market towards north. During the forecast period Asia-Pacific region is expected to bring ample of opportunities for personal service robotics market due to rising number local players for personal service robots in countries like China & Japan. The objective of the report is to present a comprehensive analysis of the Global Personal Service Robotics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Personal Service Robotics Market dynamics, structure by analyzing the market segments and project the Global Personal Service Robotics Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Personal Service Robotics Market make the report investor’s guide.Personal Service Robotics Market Scope: Inquire before buying
Global Personal Service Robotics Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 34.79 Bn. Forecast Period 2023 to 2029 CAGR: 37.20% Market Size in 2029: US $ 318.40 Bn. Segments Covered: by Type • Household/Domestic Robots • Entertainment or Leisure Robots Personal Service Robotics Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Personal Service Robotics Market Key Players:
• Irobot • KUKA AG • Adept Technology • Intuitive Surgical • Nachi-Fujikoshi • Yaskawa Electric Corporation • General Electric • Amazon Robotics • Samsung Electronics Co. Ltd. • Hasbro Inc. • Ecovacs Robotics Inc • ZMP Inc • Hansol Robotics Corp. • Neato Robotics Inc • F&P Robotics AG • Segway Inc. • Honda Motor Co Ltd. Frequently Asked Questions: 1. Which region has the largest share in Global Personal Service Robotics Market? Ans: Europe region held the highest share in 2022. 2. What is the growth rate of Global Personal Service Robotics Market? Ans: The Global Personal Service Robotics Market is expected to grow at a CAGR of 37.70% during forecast period 2023-2029. 3. What is scope of the Global Personal Service Robotics market report? Ans: Global Personal Service Robotics Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Personal Service Robotics market? Ans: The important key players in the Global Personal Service Robotics Market are – Irobot, KUKA AG, Adept Technology, Intuitive Surgical, Nachi-Fujikoshi, Yaskawa Electric Corporation, General Electric, Amazon Robotics, Samsung Electronics Co. Ltd., Hasbro Inc., Ecovacs Robotics Inc, ZMP Inc, Hansol Robotics Corp., Neato Robotics Inc, F&P Robotics AG, Segway Inc., and Honda Motor Co Ltd.
Global Personal Service Robotics Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Personal Service Robotics Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Personal Service Robotics Market Analysis and Forecast 6.1. Global Personal Service Robotics Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Personal Service Robotics Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Personal Service Robotics Market Value Share Analysis, by Type 7.4. Global Personal Service Robotics Market Size (US$ Mn) Forecast, by Type 7.5. Global Personal Service Robotics Market Analysis, by Type 7.6. Global Personal Service Robotics Market Attractiveness Analysis, by Type 8. Global Personal Service Robotics Market Analysis, by Region 8.1. Global Personal Service Robotics Market Value Share Analysis, by Region 8.2. Global Personal Service Robotics Market Size (US$ Mn) Forecast, by Region 8.3. Global Personal Service Robotics Market Attractiveness Analysis, by Region 9. North America Personal Service Robotics Market Analysis 9.1. Key Findings 9.2. North America Personal Service Robotics Market Overview 9.3. North America Personal Service Robotics Market Value Share Analysis, by Type 9.4. North America Personal Service Robotics Market Forecast, by Type 9.5. Household/Domestic Robots 9.6. Entertainment or Leisure Robots 9.7. North America Personal Service Robotics Market Value Share Analysis, by Country 9.8. North America Personal Service Robotics Market Forecast, by Country 9.8.1. U.S. 9.8.2. Canada 9.9. North America Personal Service Robotics Market Analysis, by Country 9.10. U.S. Personal Service Robotics Market Forecast, by Type 9.10.1. Household/Domestic Robots 9.10.2. Entertainment or Leisure Robots 9.11. Canada Personal Service Robotics Market Forecast, by Type 9.11.1. Household/Domestic Robots 9.11.2. Entertainment or Leisure Robots 9.12. North America Personal Service Robotics Market Attractiveness Analysis 9.12.1. By Type 9.13. PEST Analysis 9.14. Key Trends 9.15. Key Developments 10. Europe Personal Service Robotics Market Analysis 10.1. Key Findings 10.2. Europe Personal Service Robotics Market Overview 10.3. Europe Personal Service Robotics Market Value Share Analysis, by Type 10.4. Europe Personal Service Robotics Market Forecast, by Type 10.4.1. Household/Domestic Robots 10.4.2. Entertainment or Leisure Robots 10.5. Europe Personal Service Robotics Market Value Share Analysis, by Country 10.6. Europe Personal Service Robotics Market Forecast, by Country 10.6.1. Germany 10.6.2. U.K. 10.6.3. France 10.6.4. Italy 10.6.5. Spain 10.6.6. Rest of Europe 10.7. Europe Personal Service Robotics Market Analysis, by Country 10.8. Germany Personal Service Robotics Market Forecast, by Type 10.8.1. Household/Domestic Robots 10.8.2. Entertainment or Leisure Robots 10.9. U.K. Personal Service Robotics Market Forecast, by Type 10.9.1. Household/Domestic Robots 10.9.2. Entertainment or Leisure Robots 10.10. France Personal Service Robotics Market Forecast, by Type 10.10.1. Household/Domestic Robots 10.10.2. Entertainment or Leisure Robots 10.11. Italy Personal Service Robotics Market Forecast, by Type 10.11.1. Household/Domestic Robots 10.11.2. Entertainment or Leisure Robots 10.12. Spain Personal Service Robotics Market Forecast, by Type 10.12.1. Household/Domestic Robots 10.12.2. Entertainment or Leisure Robots 10.13. Rest of Europe Personal Service Robotics Market Forecast, by Type 10.13.1. Household/Domestic Robots 10.13.2. Entertainment or Leisure Robots 10.14. Europe Personal Service Robotics Market Attractiveness Analysis 10.14.1. By Type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Asia Pacific Personal Service Robotics Market Analysis 11.1. Key Findings 11.2. Asia Pacific Personal Service Robotics Market Overview 11.3. Asia Pacific Personal Service Robotics Market Value Share Analysis, by Type 11.4. Asia-Pacific Personal Service Robotics Market Forecast, by Type 11.4.1. Household/Domestic Robots 11.4.2. Entertainment or Leisure Robots 11.5. Asia Pacific Personal Service Robotics Market Value Share Analysis, by Country 11.6. Asia Pacific Personal Service Robotics Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. ASEAN 11.6.5. Rest of Asia Pacific 11.7. Asia Pacific Personal Service Robotics Market Analysis, by Country 11.8. China Personal Service Robotics Market Forecast, by Type 11.8.1. Household/Domestic Robots 11.8.2. Entertainment or Leisure Robots 11.9. India Personal Service Robotics Market Forecast, by Type 11.9.1. Household/Domestic Robots 11.9.2. Entertainment or Leisure Robots 11.10. Japan Personal Service Robotics Market Forecast, by Type 11.10.1. Household/Domestic Robots 11.10.2. Entertainment or Leisure Robots 11.11. ASEAN Personal Service Robotics Market Forecast, by Type 11.11.1. Household/Domestic Robots 11.11.2. Entertainment or Leisure Robots 11.12. Rest of Asia-Pacific Personal Service Robotics Market Forecast, by Type 11.12.1. Household/Domestic Robots 11.12.2. Entertainment or Leisure Robots 11.13. Asia Pacific Personal Service Robotics Market Attractiveness Analysis 11.13.1. By Type 11.14. PEST Analysis 11.15. Key Trends 11.16. Key Developments 12. Middle East & Africa Personal Service Robotics Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Personal Service Robotics Market Overview 12.3. Middle East & Africa Personal Service Robotics Market Value Share Analysis, by Type 12.4. Middle East & Africa Personal Service Robotics Market Forecast, by Type 12.4.1. Household/Domestic Robots 12.4.2. Entertainment or Leisure Robots 12.5. Middle East & Africa Personal Service Robotics Market Value Share Analysis, by Country 12.6. Middle East & Africa Personal Service Robotics Market Forecast, by Country 12.6.1. GCC 12.6.2. South Africa 12.6.3. Rest of Middle East & Africa 12.7. Middle East & Africa Personal Service Robotics Market Analysis, by Country 12.8. GCC Personal Service Robotics Market Forecast, by Type 12.8.1. Household/Domestic Robots 12.8.2. Entertainment or Leisure Robots 12.9. South Africa Personal Service Robotics Market Forecast, by Type 12.9.1. Household/Domestic Robots 12.9.2. Entertainment or Leisure Robots 12.10. Rest of Middle East and Africa Personal Service Robotics Market Forecast, by Type 12.10.1. Household/Domestic Robots 12.10.2. Entertainment or Leisure Robots 12.11. Middle East & Africa Personal Service Robotics Market Attractiveness Analysis 12.11.1. By Type 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Developments 13. South America Personal Service Robotics Market Analysis 13.1. Key Findings 13.2. South America Personal Service Robotics Market Overview 13.3. South America Personal Service Robotics Market Value Share Analysis, by Type 13.4. South America Personal Service Robotics Market Forecast, by Type 13.4.1. Household/Domestic Robots 13.4.2. Entertainment or Leisure Robots 13.5. South America Personal Service Robotics Market Value Share Analysis, by Country 13.6. South America Personal Service Robotics Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Rest of South America 13.7. South America Personal Service Robotics Market Analysis, by Country 13.8. Brazil Personal Service Robotics Market Value Share Analysis, by Type 13.9. Brazil Personal Service Robotics Market Forecast, by Type 13.9.1. Household/Domestic Robots 13.9.2. Entertainment or Leisure Robots 13.10. Mexico Personal Service Robotics Market Forecast, by Type 13.10.1. Household/Domestic Robots 13.10.2. Entertainment or Leisure Robots 13.11. Rest of South America Personal Service Robotics Market Forecast, by Type 13.11.1. Household/Domestic Robots 13.11.2. Entertainment or Leisure Robots 13.12. South America Personal Service Robotics Market Attractiveness Analysis 13.12.1. By Type 13.13. PEST Analysis 13.14. Key Trends 13.15. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.2.1. Competitive Benchmarking of key players by price, presence, market share, Deployment Types and R&D investment 14.2.2. New Product Launches and Product Enhancements 14.2.3. Market Consolidation 14.2.3.1. M&A by Regions, Investment and Deployment Types 14.2.3.2. M&A Key Players, Forward Integration and Backward Integration 14.3. Company Profiles: Key Players 14.3.1.1. Irobot 14.3.1.2. Company Overview 14.3.1.3. Financial Overview 14.3.1.4. Product Portfolio 14.3.1.5. Business Strategy 14.3.1.6. Recent Developments 14.3.1.7. Company Footprint 14.3.2. KUKA AG 14.3.3. Adept Technology 14.3.4. Intuitive Surgical 14.3.5. Nachi-Fujikoshi 14.3.6. Yaskawa Electric Corporation 14.3.7. General Electric 14.3.8. Amazon Robotics 14.3.9. Samsung Electronics Co. Ltd. 14.3.10. Hasbro Inc. 14.3.11. Ecovacs Robotics Inc 14.3.12. ZMP Inc 14.3.13. Hansol Robotics Corp. 14.3.14. Neato Robotics Inc 14.3.15. F&P Robotics AG 14.3.16. Segway Inc. 14.3.17. Honda Motor Co Ltd. 15. Primary Key Insights