Consumer Service Robotics - Morocco

Revenue in the Consumer Service Robotics market is projected to reach US$11.89m in 2024.
Domestic service robotics dominates the market with a projected market volume of US$10.37m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 22.16%, resulting in a market volume of US$32.34m 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 in Morocco is experiencing a minimal decline in growth rate, influenced by factors such as increasing adoption of digital technologies, growing health awareness among consumers, and the convenience of online health services. This trend is seen in both the Domestic Service Robotics and Entertainment Service Robotics sub-markets, indicating a shift towards more advanced and convenient services in the overall Service Robotics Market in Morocco.

Customer preferences: In Morocco, there is a growing demand for consumer service robotics in the hospitality industry, as businesses look to improve efficiency and reduce human contact amid the COVID-19 pandemic. Additionally, the country's aging population is fueling the need for healthcare robots that can assist with tasks such as medication reminders and mobility support. This trend is also influenced by cultural norms that value respect and care for elders, making service robots an attractive solution.

Trends in the market: In Morocco, the Consumer service robotics Market of the Service robotics Market within the Robotics Market is seeing a surge in demand for autonomous delivery robots in the retail and food service industries. This trend is driven by the need for contactless delivery solutions due to the COVID-19 pandemic. Additionally, there is a growing trend of using service robots in healthcare facilities to assist with patient care and disinfection. These trends have significant implications for industry stakeholders, as they present opportunities for increased efficiency and cost savings. However, there may also be challenges in terms of regulation and acceptance of these technologies in the market.

Local special circumstances: In Morocco, the Consumer service robotics Market within the Service robotics Market is influenced by the country's growing tech industry and government support for innovation. With a strong focus on tourism, the market also caters to the hospitality sector with robotic concierge and cleaning services. Additionally, cultural factors such as the preference for personalized customer service and the acceptance of new technologies play a significant role in shaping the market. Regulatory policies promoting automation and the adoption of robotics in various industries further drive the growth of the market in Morocco.

Underlying macroeconomic factors: The growth of the Consumer service robotics market is heavily influenced by macroeconomic factors such as technological advancements, consumer spending patterns, and government policies. In countries with strong economic growth and increased consumer demand for convenience and efficiency, the market for service robotics is expected to experience significant growth. Additionally, government initiatives to promote automation and increase productivity, coupled with the rising trend of e-commerce and online shopping, are expected to further drive the demand for consumer service robotics in the global market.

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.