Consumer Service Robotics - D-A-CH

Revenue in the Consumer Service Robotics market is projected to reach US$1.42bn in 2024.
Domestic service robotics dominates the market with a projected market volume of US$1.24bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.35%, resulting in a market volume of US$3.60bn by 2029.
In global comparison, most revenue will be generated China (US$5.53bn in 2024).

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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Domestic Service Robotics
Entertainment Service Robotics

Commercial Service Robotics

The Consumer Service Robotics market within the Robotics Market in D-A-CH is facing a negligible decline in growth rate, influenced by factors such as the slow adoption of digital technologies, limited consumer awareness of health benefits, and the lack of convenience offered by online services. However, the Entertainment Service Robotics sub-market is expected to drive growth with its increasing popularity and advancements in technology.

Customer preferences: Consumers in D-A-CH are showing a growing interest in home service robots for tasks such as cleaning and lawn mowing, driven by the desire for convenience and time-saving solutions. This trend is also seen in the wider consumer service robotics market, as individuals prioritize efficiency and automation in their daily lives. Additionally, the aging population in the region is contributing to the demand for service robots that can assist with tasks and improve quality of life for older individuals.

Trends in the market: In D-A-CH, the Consumer service robotics Market of the Service robotics Market within the Robotics Market is seeing a surge in the use of automated food delivery robots, particularly in the restaurant and hospitality industries. This trend is driven by the increasing demand for contactless delivery options and the need for businesses to reduce human-to-human contact during the ongoing pandemic. Furthermore, the deployment of service robots in retail stores for tasks such as inventory management and customer assistance is also on the rise. These developments are expected to have a significant impact on the market, as they offer cost-effective and efficient solutions for businesses, while also providing a safer and more convenient experience for consumers.

Local special circumstances: In D-A-CH, the Consumer service robotics Market of the Service robotics Market within the Robotics Market is driven by the high demand for automation in the manufacturing sector, along with strict regulations on labor and safety. In addition, the region's advanced technology and strong economy make it a hub for innovation in service robotics. However, cultural preferences for human interaction and concerns over data privacy may hinder the adoption of service robots in certain industries.

Underlying macroeconomic factors: The Consumer service robotics Market in D-A-CH is heavily influenced by macroeconomic factors such as technological advancements, government support, and investment in research and development. Countries with favorable business environments and strong investment in service robotics technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing demand for automation and the need for efficient and cost-effective services are driving the adoption of service robotics solutions in the D-A-CH region.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Despite the frightening, almost Terminator-esque, way the phrase “there are robots everywhere” might sound, the increased use of robotics has been a boon to both consumers and enterprises worldwide. The industrial robot market has seen steady growth across the globe and is expected to continue growing as automation becomes ever more vital to businesses. This stems largely from mechanical automation, reducing production costs and improving efficiency. This increased demand due to greater automation, especially in the United States and Europe, is likely to mean that the price increase per robot unit will remain modest.