Definition:
The Consumer Service Robotics market covers the market size of service robotics for consumer use, e.g., household and entertainment robots. Consumer robots are usually not big and relatively easy to use. Consumer robots include vacuum cleaners, robotic toys, and drones.
A robot is defined as a powered machine that is programmable on two or more axes and has some degree of autonomy; it moves within its environment to perform its programmed tasks.
Additional information:
The market comprises revenues, volume, average price per new installed robot. The market displays both B2B and B2C revenues, and the revenue is based on the country’s demand for robots. It is shown in manufacturer prices. Software revenues are included as service robots are mostly delivered with software solutions that have been implemented by the manufacturer.
Key players in the market include iRobot, Samsung, and Xiaomi.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Mar 2024
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Company Insights
Most recent update: Aug 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
The Consumer service robotics market in Africa is facing a negligible decline in growth rate due to factors such as limited adoption of digital technologies, low health awareness among consumers, and inadequate convenience of online health services. However, with the potential of the sub-markets of Domestic Service Robotics and Entertainment Service Robotics, the overall market has the opportunity to experience significant growth in the future.
Customer preferences: The rise of e-commerce and online shopping in Africa has led to a growing demand for last-mile delivery solutions, driving the adoption of autonomous delivery robots. With a large and diverse consumer base, companies are also investing in language and cultural customization of service robots to cater to the unique preferences and needs of African consumers. Additionally, the increasing number of tech-savvy and urban consumers in the region is expected to further boost the uptake of consumer service robotics in various industries.
Trends in the market: In Africa, the Consumer service robotics Market within the Service robotics Market is experiencing a surge in demand for automated cleaning and maintenance solutions in industries such as hospitality and healthcare. This trend is driven by the need for cost-effective and efficient solutions to address labor shortages and rising labor costs. Additionally, the rise of e-commerce and online shopping in Africa is creating opportunities for last-mile delivery robots. These trends are expected to continue and potentially expand to other industries, presenting growth opportunities for service robotics companies in the region.
Local special circumstances: In Africa, the Consumer service robotics Market is still in its early stages due to various factors such as limited infrastructure and lack of awareness. However, the market is expected to see significant growth in the coming years, driven by increasing urbanization and a rise in disposable income. Additionally, cultural factors such as the importance placed on hospitality and customer service could influence the development of service robotics tailored to the local market. Regulatory policies, such as the availability of government funding for robotics research and development, will also play a crucial role in shaping the future of the Consumer service robotics Market in Africa.
Underlying macroeconomic factors: The growth of the Consumer service robotics market in Africa is greatly impacted by macroeconomic factors such as economic stability, government support, and investment in technology. Countries with a stable economy and favorable regulatory environment are experiencing a higher adoption rate of service robotics, as businesses and consumers have more confidence and resources to invest in these technologies. Additionally, the increasing demand for automation and efficiency in service industries, coupled with the rising trend of urbanization in Africa, is fueling the growth of the Consumer service robotics market. Moreover, the growing middle class and increasing disposable income in many African countries are also contributing to the market's growth, as consumers are willing to spend on innovative and convenient service solutions.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
Data coverage:
The data encompasses B2B and B2C revenues. Figures are based on the country’s demand for robotics in manufacturer prices.Modeling approach / Market size:
Market sizes are determined through a regional bottom-up approach, and further detailed by a top-down rationale for each market segment. As a basis for evaluating markets, we use trade data of the respective economic sector. Furthermore, we use relevant key market indicators such as level of automation and digitization or the economy composition to estimate each country's specialization in demand and supply. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques but primarly exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market.Additional notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights