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Domestic Service Robotics - Worldwide

Worldwide
  • Revenue in the Domestic Service Robotics market is projected to reach US$13.07bn in 2025.
  • Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 15.80%, resulting in a market volume of US$23.51bn by 2029.
  • In global comparison, most revenue will be generated China (US$4.28bn in 2025).

Revenue

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

Volume

Most recent update: Aug 2024

Source: Statista Market Insights

Price

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Aug 2024

Source: Statista Market Insights

Analyst Opinion

The Consumer Service Robotics market in the Service Robotics market within the Robotics market worldwide is experiencing negligible growth, influenced by factors such as increasing adoption of robotics, rising demand for domestic services, and the convenience of using service robots.

Customer preferences:
With the rise of smart home technology and the growing trend of remote work, consumers are increasingly turning to domestic service robotics to assist with household tasks and errands. This is particularly prevalent among busy urban populations, where time is a valuable commodity. Additionally, the integration of artificial intelligence and voice recognition technology has made these robots more user-friendly and efficient, catering to the evolving lifestyle needs of consumers.

Trends in the market:
In the Domestic Service Robotics Market of the Consumer service robotics Market, there is a growing demand for robots that can assist with household chores and tasks, such as cleaning, cooking, and gardening. This trend is driven by an aging population and the increasing need for convenience and efficiency in daily life. As a result, there is a significant increase in the development of advanced robotic technologies, such as artificial intelligence and machine learning, to improve the capabilities of these robots. This has significant implications for industry stakeholders, as it opens up new opportunities for partnerships and collaborations with technology companies and increases the competitiveness of the consumer service robotics market. Additionally, there is a growing focus on integrating these robots with smart home systems, further expanding their potential applications and market reach.

Local special circumstances:
In the Domestic Service Robotics Market of the Consumer service robotics Market within the Service robotics Market, the market is heavily influenced by cultural factors. In Japan, where the aging population is increasing, there is a high demand for robotic solutions to assist with daily tasks and provide companionship. In the United States, the market is driven by the desire for convenience and time-saving solutions, leading to the popularity of home cleaning and lawn mowing robots. Additionally, regulatory differences in countries like China and the European Union can impact the adoption and development of service robotics.

Underlying macroeconomic factors:
The growth of the Domestic Service Robotics Market in the Consumer service robotics Market of the Service robotics Market within the Robotics Market is also influenced by macroeconomic factors such as technological advancements, consumer spending, and government policies. Countries with strong consumer purchasing power and supportive government policies are experiencing higher demand for domestic service robotics, driving market growth. Additionally, the increasing trend of smart homes and increasing urbanization are expected to further boost the demand for domestic service robotics in the coming years.

Global Comparison

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Aug 2024

Source: Statista Market Insights

Methodology

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.

Technology

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Industrial robots worldwide - statistics & facts

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.
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