Domestic Service Robotics - Australia

Revenue in the Domestic Service Robotics market is projected to reach AU$67.36m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.68%, resulting in a market volume of AU$164.10m by 2029.
In global comparison, most revenue will be generated China (AU$6.15bn in 2024).

Definition:

The Domestic Service Robotics market covers the use of robots that autonomously perform household tasks. One of the most common use cases is cleaning robots, such as robotic vacuum cleaners. However, these robots can also range from security to pet feeding.

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, and the 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, Hanson Robotics, and Sony Corporation.

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Robot vacuum cleaners
Robot lawn mowers

Robot pet feeder
Robot home security devices

The Domestic Service Robotics Market in the Consumer Service Robotics Market of the Service Robotics Market in Australia has seen a decrease in growth rate due to factors such as low consumer awareness and limited adoption of digital technologies. However, convenience offered by online services may help drive future growth.

Customer preferences: With the rise of dual-income households and an aging population, the demand for domestic service robotics is on the rise in Australia. Consumers are looking for ways to ease their daily household chores, leading to an increase in sales of robotic vacuum cleaners, lawn mowers, and window cleaners. Additionally, there is a growing interest in smart home solutions that allow for remote control and monitoring of household tasks, catering to the busy lifestyles of Australians. This trend is also driven by the increasing adoption of smart home technology and the desire for convenience and efficiency in home management.

Trends in the market: In Australia, the Domestic Service Robotics Market in the Consumer service robotics Market of the Service robotics Market within the Robotics Market is experiencing a surge in demand for home cleaning and maintenance robots. This trend is driven by the increasing adoption of smart home technology and the need for more efficient and convenient household tasks. The trajectory of this trend is expected to continue, with potential implications for industry stakeholders such as increased competition and the need for innovative, user-friendly products. Additionally, as the aging population in Australia grows, there is potential for the use of service robots in elderly care, providing assistance and companionship for seniors.

Local special circumstances: In Australia, the Domestic Service Robotics Market is driven by the high demand for smart home solutions and the increasing aging population. The country's strict regulations on immigration have resulted in a shortage of domestic workers, leading to a growing market for robotic cleaners and assistants. Additionally, Australia's vast geography and remote areas have created a need for autonomous drones for delivery and surveillance purposes, further fueling the growth of the Consumer service robotics Market.

Underlying macroeconomic factors: The growth of the Domestic Service Robotics market in Australia is also influenced by macroeconomic factors such as technological advancements, consumer spending patterns, and government policies. With a strong economy and high disposable income, the country has a favorable market for consumer service robotics. Additionally, government initiatives to support the adoption of automation and robotics in various industries further contribute to the growth of the market. The aging population and a growing demand for personalized home services also drive the demand for service robotics in the domestic sector.

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.