Domestic Service Robotics - United States

Revenue in the Domestic Service Robotics market is projected to reach US$2.32bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 13.40%, resulting in a market volume of US$4.35bn by 2029.
In global comparison, most revenue will be generated China (US$4.00bn 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 Consumer Service Robotics Market in the United States is experiencing minimal growth, influenced by factors such as low consumer awareness, limited adoption of robotics technology, and lack of government support. Despite this, the Service Robotics Market in the US remains a lucrative industry with potential for future growth.

Customer preferences: The demand for domestic service robotics in the consumer market has increased due to the growing preference for smart home solutions and automation. With an aging population and a busy lifestyle, consumers are looking for robots that can assist with household chores and provide companionship. This trend is also influenced by the increasing adoption of smart home technology and the desire for convenience and efficiency in daily tasks. Furthermore, the COVID-19 pandemic has accelerated the adoption of domestic service robotics as consumers seek contactless and hygienic solutions for their homes.

Trends in the market: In the United States, 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 household cleaning robots. This trend is driven by the increasing need for efficient and time-saving solutions, especially among working professionals. As more households become familiar with and adopt this technology, the market is expected to witness significant growth in the coming years. This presents a lucrative opportunity for industry players to expand their product portfolio and cater to the growing demand for domestic service robots. Additionally, the rise in smart home technology and the integration of artificial intelligence in consumer robots are expected to further drive the growth of this market segment.

Local special circumstances: In the United States, the Consumer service robotics Market within the Service robotics Market is driven by a high demand for domestic robots that can assist with household tasks and caregiving. This is due to the aging population and the increasing trend of dual-income households. Additionally, the strict regulations in the healthcare industry have led to the development of service robots for tasks such as medication management and patient monitoring. These factors have resulted in a unique market landscape for domestic service robotics in the United States, with a strong focus on convenience and efficiency.

Underlying macroeconomic factors: The Domestic Service Robotics Market in the Consumer service robotics Market of the Service robotics Market within the Robotics Market is greatly affected by macroeconomic factors such as technological advancements, changing consumer preferences, and economic policies. Countries with strong economic growth and high consumer spending are experiencing a higher adoption rate of domestic service robotics. On the other hand, regions with economic instability and limited access to advanced technologies are witnessing slower market growth. Additionally, the increasing trend of dual-income households and the growing aging population in developed countries are driving the demand for domestic service robotics to assist with household chores and caregiving responsibilities.

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.