Global Consumer Robotics Market 2024-2030

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    CONSUMER ROBOTICS MARKET

     

    KEY FINDINGS

    1. The implementation of artificial intelligence and machine learning in robots can boost up  opportunities for the “Global consumer robotics market”.
    2. The frequent price reduction in robots will help to implement plus continuous development of  products by manufacturers around the world. And other major factors include such as enhanced precision, efficiency, reliability in specific operations of the work.
    3. The household robots are also playing a major role in the “Global consumer robotics market”.It captured the maximum market in 2019 and is anticipated to lead the market throughout the forecast period.
    4. The major advantage of household robots is to automate routine tasks and simultaneously improve working efficiency, which leads to reduction of customers’ stress and time.

     

    INTRODUCTION TO CONSUMER ROBOTICS MARKET

    Consumer robotics technology is the next generation of autonomous technology and it has capability to operate the various operations at homes, offices and in various industries.

     

    The major adoption of consumer robots such as household robots, cleaning robots, vacuum robots and industrial robots is a key factor for the rapid development of the “Global consumer robotics market”.

     

    The major challenges restricting the growth of “Global consumer robotics market” was launching the consumer robots in the global market at a reasonable price.

     

    The smart home solutions will create great demand for consumer robots and it may lead to XX million units shipments across all homes around the world by next five years.

     

    infographic: global consumer robotics market, consumer robotics market, Consumer Robotics Market, Consumer Robotics Market Size, Consumer Robotics Market Trends, Consumer Robotics Market Forecast, Consumer Robotics Market Risks, Consumer Robotics Market Report, Consumer Robotics Market Share

     

    The current pandemic outbreak has improved the growth of educational robots in the “Global consumer robotics market”. The major operations executed by the educational robots is to entertain children and educate students.

     

    The global leader in mobile robotics “Boston Dynamics” had launched spot robot, which can climb stairs and transverse rough terrain with ease.

     

    From Jan 2020 onwards The Boston company has made availability of spot robot via GitHub. And from june 2020, The boston company has made availability to public with a price tag of  $74,500.

     

    i robot, the leading manufacturer of consumer robots, has launched the vacuum robot called “Roomba”. It is the latest version of the disc shaped household helper which has arms to execute tasks such as dishwashing, food serving and laundry.

     

    POPULAR CONSUMER ROBOTICS MARKET IN GLOBAL

     

    Company Type Technology
    Toyota Entertainment Robots

     

    Operations:

    Deliver snacks to clearing fields to high-five fans.

    Model Name:

    T-HR3,T-TR1

     

    Itcan stream video and sounds from the games in real-time.

    Lovot (A robot companion from GrooveX) Entertain Robots

     

    Operations:

    The robots can dance and respond to the user’s mood.

    Ten or more CPU cores,20 or more MCU’s and 50 or more sensors,

     

    It can create behaviour that is very much like a living being.

    Roybi Edu Robot

     

    Operations:

    The smart robot offers more than 500 lessons in language and STEM

    AI powered tutoring bot
    Samsung HouseHold Robot

     

    Operations:

    The robot can roam around the house and keep everything in check.

     

    It also has a camera, allowing it to send you pictures and videos while you’re away.

    Model Name:

    Ballie

     

    Ballie was compatible to connect with home appliances and electronics.

    UBTECH Humanoid Service Robot

     

    Operations:

    The robot has capabilities to move carts,write,draw and pour drinks.

    1.Robot Servo Motor

    2.Computer Vision for AI learning for object detection,facial recognition,target tracking and human pose estimation

    3.Motion Control

    4.Slam Technology for real time memorization,route planning,obstacle avoidance

    iRobot Vacuuming Robot

     

    Operationsons:

    Automatically empties the robot compartment while contacting the clean base.The bag holds upto 30 cleaning life cycles with the compartment full.

    1.Smart Mapping Technology

    2.vSLAM Technology

    3.Direct Detect Technology

    4.Intelligent Sensors

     

    Artie Edu Robot

     

    Operations:

    Artie 3000 helps to learn the code for kids.

    Kids can learn code easily by dragging and dropping the command blocks from the artie 3000 User Interface.

    1.Builtin wifi server

    2.Built In Coding Apps

    3.Remote controllable

    4.Lowers & Lifts pen

    Canvas Technology Industrial Robot

     

    Operations:

    1.The robot was equipped with stereo cameras that have full 3D view from floor to ceiling

    2.The robot sensors work as virtual bumpers and bright LED lights that alerts people to its presence

    3.The robot was capable of collecting and sending real time data about route time,bottlenecks to ensure workplace safety and efficiency

    1.Canvas Technology uses 23 technology products and services including HTML5,Google Analytics and jQuery

    2.Canvas Technology was compatible with mobile phones,viewport meta and SPF

    Diligent Robotics Healthcare Robot

     

    Operations:

    1.The robot can be left alone to perform time consuming tasks in hospitals such as setting up patient rooms and restocking supply rooms

    AI powered assistant

     

     

    CONSUMER ROBOTICS MARKET DYNAMICS

     

    SI No Timeline Company Developments
    1 September 2021 UBTECH Robotics  Manassas City Public Schools have partnered with UBTECH in order to protect students and staff with ADIBOT Sanitizing Robots.
    2 June 2021 Boston Dynamics Boston Dynamics controlling interest has been acquired by Hyundai Motor Group from Softbank.
    3 April 2021 GreyOrange GreyOrange and Logistex have partnered in order to provide a leading Edge Robotics Solutions in the UK.
    4 March 2021 Softbank Robotics Softbank Robotics has partnered with Avalon Steritech in order to launch a 2-in-1 AI-powered cleaning and disinfection robotics solutions for smart cleaning.
    5 February 2021 Boston Dynamics Boston Dynamics, the global leader in the mobile robotics has expanded its product line for mobile robot spot 

     

    Intuition Robotics, a provider of digital companionTM technologies, has raised $36 million in Series B funding led by SPARX Group and OurCrowd, bringing the total amount raised to $58 million.

     

     Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point, and Bloomberg Beta are among the other investors in the round.

     

    The new money will be used to further Intuition Robotics’ aim of fostering long-term relationships between humans and machines using digital companion agents that impact users’ actions and emotions, with a focus on enhancing the lives of senior citizens.

     

     The business wants to spend in improving its technology, cognitive AI skills, and tools, as well as expanding the use of its digital companion beyond longevity and automobiles.

     

    CONSUMER ROBOTICS MARKET SEGMENTATION

     

    Consumer Robotics Market Segmented By Type

    1.Task Robots

    2.Security & Surveillance Robots

    3.Entertainment Robots

    4.Educational Robots & HouseHold

     

    Consumer Robotics Market Segmented By Component

    1.Processors

    2.Communication Technologies

    3.Software

    4.MicroControllers

    5.Displays

    6.Cameras

    7.Actuators

     

    Consumer Robotics Market Segmented By Application

    1.Educational

    2.HealthCare

    3.Domestic

    4.Industrial

     

    Consumer Robotics Market Segmented By Region

    1.North America

    2.Europe

    3.Asia Pacific

    4.South America

    5.Middle East & Africa

     

     

    MAJOR GROWTH DRIVERS OF CONSUMER ROBOTICS MARKET

     

    infographic: global consumer robotics market, Consumer Robotics Market, Consumer Robotics Market Size, Consumer Robotics Market Trends, Consumer Robotics Market Forecast, Consumer Robotics Market Risks, Consumer Robotics Market Report, Consumer Robotics Market Share

     

    1.The strong demand for both autonomous and semi-autonomous robotic technology

    2.Increased in usage of handheld computing devices

    3.The growing penetration of the internet worldwide are the key factors contributing for the growth of the “Global consumer robotics market”

     

     

    CONSUMER ROBOTICS MARKET RECENT DEVELOPMENTS

     

    SI No Timeline Company Developments
    1 December 2021 Movia Robotics Movia Robotics has launched its Therapal robots for autism spectrum disorder and other developmental disabilities.
    2 November 2021 Gaussian Robots Gaussian Robots has launched the first food delivery robots in order to develop autonomous food delivery solutions.
    3 October 2021 UBTECH Robotics UBTECH’s ADIBOT UV-C Sanitizing Robots has protected more than 130,000 students and 22,000 staff in the George County Public School.
    4 September 2021 Amazon Amazon has revealed the Astro which is an Alexa device on wheels with a weight of 20 lb and the top speed of 3.3 feet per second.
    5 April 2021 Home Robot LLC Home Robot LLC has released the HOBOT-338 which is a window cleaning robot and the wheels rotate at up to 70 rpm which removes dirt and dust.
    6 March 2021 Boston Dynamics Boston Dynamics has revealed the new robot which can be used for warehouse automation.
    7 February 2021 ABB ABB launches the next generation cobots in order to unlock automation for the usage in many sectors.

     

    CONSUMER ROBOTICS MARKET COMPETITIVE LANDSCAPE

     

    SI No Timeline Company Updates
    1 Q3-2021 Desktop Metal The revenue of Desktop metal at the end of the third quarter was $25.4 million and in the previous quarter the revenue was $19 million.
    2 Q3-2021 Thermo Fisher At the end of the third quarter the revenue was $9.3 billion and in 2020 the revenue was $8.52 billion.
    3 November 2021 Desktop Metal Desktop Metal has completed the acquisition of ExOne in order to provide mass production.
    4 April 2021 Robin Autopilot Robin Autopilot has completed the acquisition of Mowbot and expanded their partnership with Husqvarna Group.

     

    The iRobot corporation has launched two powerful robots which can clean the home in a better way. The two powerful robots were named as “Roomba S9+” & “Braava Jet M6”.And these robots are capable to work together by using imprint link technology for executing the automated tasks such as automatic vacuuming & moping , without any efforts from the user.

     

    The new Terra robot mover based on imprint technology having a unique wireless beacon system. And it is a highly advanced lamower which eliminates the need for costly and labor-intensive boundary wires.

     

    The Black + Decker had made a strategic partnership with pillo heath a new robot assistant to help in home adherence to medication.

     

    Yaskawa motoman has launched the HC20XP robot and its features include hand guided teaching for  implementation of  a robot system. The 20Kg payload HC20XpP robot was suitable to work with humans on factory floors for ensuring safety productions. And the robot had IP67 protection, So that it can continuously work in damp environments.

     

    DENSO Robotics has showcased the robots to target  entry level manufacturing applications. The highly precisioned Denso robots are suitable to work on light duty manufacturing applications and it also executes transportation, warehousing and industrial applications.

     

    infographic: global consumer robotics market, Consumer Robotics Market, Consumer Robotics Market Size, Consumer Robotics Market Trends, Consumer Robotics Market Forecast, Consumer Robotics Market Risks, Consumer Robotics Market Report, Consumer Robotics Market Share

     

    NORTH AMERICAN CONSUMER ROBOTICS MARKET COMPONENTS SUPPLIERS

    Company City State/Province Year Founded
    ATI Industrial Automation Apex NC 1989
    Bishop-Wisecarver Corporation Pittsburg CA 1950
    FairChid Automated Parts,Inc Winsted CT 1944
    Xentric Mold & Engineering,Inc Clinton Township MI 1996
    Aerotech,Inc Pittsburg PA 1970
    Roberson Machine Company Bland MO 2002
    MagneLink,Inc HillsBoro OR 1990

     

     

    EUROPEAN CONSUMER ROBOTICS MARKET COMPONENTS SUPPLIERS

    Company Type of Equipments State/Province
    IPR GMBH Gripper Devices for Robots, Automation Robotics Germany-Neustadt
    Innoki Rossetti Franco Robot control TV cameras, Automated Warehousing, Industrial Robotics Italy-Manerba Del Garda
    Fabrica Machinale S.R.L Electronic Automation and Industrial Robotics Italy-Cascina
    Aubo Robotics GMBH Automation controls for special machinery, Electronic automation and Industrial Robots Germany-Munchen
    Awen Technologies Equipment for robotics,Outsourcing product development & Reverse Engineering Spain-A Côruna
    Effecto Group Gripper devices for robots Italy-San Maurizio D’opaglio
    Macco Robotics Equipment for robotics Spain-Sevilla
    Belotti Nordest S.R.L Robotics & Industrial Machinery, Repairs-Industrial Equipment Italy-Vigonovo Di Fontanafredda
    A.M.T S.R.L Industrial robotics, Engineering Consultants Italy-Moncalieri

     

     

    INDIAN CONSUMER ROBOTICS MARKET COMPONENTS SUPPLIERS

    Company Type of Equipments State/Province
    Star Automations Industrial Robots, Replacing Industrial damaged parts Aruthra Nagar ,Chennai, Tamil Nadu
    Meera Laser Solutions Robot machine part tending, Robot pallet changing,Robotic machine tool changing,Tool monitoring & Adaptive control Ambattur Industrial Estate, Chennai, Tamil Nadu
    Technorobotics Automation & Solutions Industrial robotics Bhiwadi, Alwar, Rajasthan
    Nextgen Robotic Automation Private Limited Industrial Robots (6-Axis Articulated Robots) Haryana, Gurgaon
    Robo Sapiens Robot servo amplifier,Robot teach pendent,Robot power supply units,Robot CPU unit Pune, Maharashtra
    Altech Automations Industrial Robotics Kanchipuram, Tamil Nadu
    OlatusSystem Private Limited Robotics Guwahati, Assam
    Adaptics Automation Technologies Private Limited Industrial Robotics Pune, Maharashtra
    Euro Process Automatik Industrial Robotics North Phase, Chennai

     

    KEY PLAYERS IN ROBOTIC COMPONENTS MARKET

     

     

    KEY PLAYERS IN INDUSTRIAL ROBOTS MANUFACTURING

     

    CONSUMERS ROBOTICS MARKET KEY PLAYERS

     

    THIS CONSUMERS ROBOTICS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. Consumer Robotics Market size and Forecast, by region, by application
    2. Average B-2-B price for Consumer Robotics Market, by region, per user
    3. Technology trends and related opportunity for new Consumer Robotics Market tech suppliers
    4. Consumer Robotics Market share of leading vendors, by region,
    5. Coronavirus impact on Consumer Robotics Market earnings
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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