Global Robotics Market in Personal and Homecare Sector 2021-2025

Global Robotics Market in Personal And Homecare Sector 2021-2025

The publisher has been monitoring the robotics market in personal and homecare sector and it is poised to grow by $ 4.99 bn during 2021-2025, progressing at a CAGR of 87% during the forecast period. The report on robotics market in personal and homecare sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the emergence of low-price robotic solutions, development of smart cities, and aging of the population. In addition, the emergence of low-price robotic solutions is anticipated to boost the growth of the market as well.

The robotics market in personal and homecare sector market analysis includes product segment and geographical landscapes.

The robotics market in personal and homecare sector is segmented as below:

By Product

• Companion robots
• Emotional therapy robots

By Geographical Landscapes

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the advances in robots as one of the prime reasons driving the robotics market in personal and homecare sector growth during the next few years. Also, crowdfunding and government initiatives for robotics and growing use of artificial intelligence will lead to sizable demand in the market.

The report on robotics market in personal and homecare sector covers the following areas:

• Robotics market in personal and homecare sector sizing
• Robotics market in personal and homecare sector forecast
• Robotics market in personal and homecare sector industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading robotics market in personal and homecare sector vendors that include BLUE FROG ROBOTICS SAS, F&P Robotics AG, GeckoSystems Intl. Corp., LG Electronics Inc., NTT Disruption Europe SL, PARO Robots US Inc., Robert Bosch GmbH, SoftBank Robotics Group Corp., Sony Corp., and Ubtech Robotics Inc. Also, the robotics market in personal and homecare sector analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.