+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Personal Robots Market Research Report: By Offering, Type - Global Industry Analysis and Growth Forecast to 2030

  • ID: 5201172
  • Report
  • September 2020
  • Region: Global
  • 150 pages
  • Prescient & Strategic Intelligence Private Limited

FEATURED COMPANIES

  • Ecovacs Robotics Inc.
  • F&P Robotics AG
  • Honda Motor Co. Ltd.
  • iRobot Corporation
  • Neato Robotics Inc.
  • Segway Inc.
At the present time, the world has become largely dependent on technology, and novel devices are being developed continuously for making the loves of human easier. It is due to this that the demand for personal robots is projected to increase in the coming years. The robotics market has been witnessing significant growth, particularly in the service and private sectors, since the past few years. This can be majorly attributed to the technological advancements.

Owing to these factors, the global personal robots market is projected to grow considerably in the years to come. A major reason leading to the high demand for these robots is their declining prices. Reduced prices of these devices are encouraging more and more people to buy them. The industry has been witnessing 2-9% yearly decline in price. This will further increase the affordability of these robots in emerging economies. Manufacturers are further trying to produce cheaper models for penetrating low-income countries.

These days, manufacturers have further started working on developing personal robots equipped with AI. The technology has enabled personal robots to sense, navigate, and calculate their response on the input received accordingly. The robots learn to perform their tasks from human beings from these responses, via machine learning. Manufacturers are further investing in new technologies for dealing with the rising competition in the domain, which is expected to result in the growth of the market.

The personal robots market is projected to generate a revenue of $51.5 billion in 2030, increasing from $21.5 billion in 2019, progressing at a 7.8% CAGR during the forecast period (2020-2030). On the basis of type, the market is categorized into security robots, personal transportation robots, companion robots, cleaning robots, handicap assistance robots, educational robots, and entertainment & toy robots, out of which, the cleaning robots category held the largest share of the market during the historical period (2014-2019).

These robots are used commonly in households, since they assist in daily chores and make the lives of their owners easier. The acceptance for these robots is further increasing rapidly in emerging countries, owing to their decreasing prices. The companion robots category is predicted to witness the highest CAGR during the forecast period, as they are widely becoming the missing companion in the solitary lives of people. It has been observed that one in every five citizens remains a bachelor in their lives, which is why, the demand for companion robots is predicted to increase in the coming years.

Geographically, the European region held the major share of the personal robots market during the historical period, as per a report by the publisher. The region has already been holding a prominent position in the overall robotics industry, which is why, the demand for personal robots is also high in the region. The Asia-Pacific region is expected to witness the fastest growth during the forecast period.

Hence, the market is growing due to the reducing prices of these robots and integration of AI in the devices.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ecovacs Robotics Inc.
  • F&P Robotics AG
  • Honda Motor Co. Ltd.
  • iRobot Corporation
  • Neato Robotics Inc.
  • Segway Inc.
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Offering
1.3.2 Market Segmentation by Type
1.3.3 Market Segmentation by Geography
1.3.4 Analysis Period
1.3.5 Market Data Reporting Unit
1.3.5.1 Volume
1.3.5.2 Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.1.1 Paid
2.1.2 Unpaid
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Currency Conversion Rates
2.6 Assumptions for the Study

Chapter 3. Executive Summary
3.1 Voice of Industry Experts/KOLs

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Offering
4.1.1.1 Hardware
4.1.1.2 Software
4.1.2 By Type
4.1.2.1 Cleaning robots
4.1.2.2 Entertainment & toy robots
4.1.2.3 Educational robots
4.1.2.4 Handicap assistance robots
4.1.2.5 Companion robots
4.1.2.6 Personal transportation robots
4.1.2.7 Security robots
4.1.2.8 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Open software platform for personal robotics
4.3.1.2 Emergence of personal robots with AI
4.3.1.3 Entry of new companies in personal robots market
4.3.2 Drivers
4.3.2.1 Declining price of personal robots
4.3.2.2 Aging population in developed countries
4.3.2.3 Increasing demand for mobile robots
4.3.2.4 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 Technical complexity coupled with security concerns in personal robots
4.3.3.2 Lack of skilled professionals
4.3.3.3 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Growing demand for low-cost cleaning robots in developing countries
4.3.4.2 Growing demand for “care-bot” and other robots from Japan
4.4 Impact of COVID-19 on Personal Robots Market
4.4.1 Current scenario
4.4.2 COVID-19 scenario
4.4.3 Future scenario
4.5 Porter’s Five Forces Analysis
4.5.1 Bargaining Power of Buyers
4.5.2 Bargaining Power of Suppliers
4.5.3 Intensity of Rivalry
4.5.4 Threat of New Entrants
4.5.5 Threat of Substitutes

Chapter 5. Global Market Size and Forecast
5.1 By Offering
5.2 By Type
5.3 By Region

Chapter 6. North America Market Size and Forecast
6.1 By Offering
6.2 By Type
6.3 By Country

Chapter 7. Europe Market Size and Forecast
7.1 By Offering
7.2 By Type
7.3 By Country

Chapter 8. APAC Market Size and Forecast
8.1 By Offering
8.2 By Type
8.3 By Country

Chapter 9. LATAM Market Size and Forecast
9.1 By Offering
9.2 By Type
9.3 By Country

Chapter 10. MEA Market Size and Forecast
10.1 By Offering
10.2 By Type
10.3 By Country

Chapter 11. Major Markets for Personal Robots
11.1 U.S. Personal Robots Market
11.1.1 By Type
11.2 Germany Personal Robots Market
11.2.1 By Type
11.3 China Personal Robots Market
11.3.1 By Type

Chapter 12. Competitive Landscape
12.1 List of Players and Their Offerings
12.2 Ranking of Key Players
12.2.1 Global Personal Robots Market Key Players Analysis
12.3 Strategic Developments of Market Players
12.3.1 Mergers & Acquisitions
12.3.2 Product Launches
12.3.3 Partnerships
12.3.4 Geographic Expansion

Chapter 13. Company Profiles
13.1 F&P Robotics AG
13.1.1 Business Overview
13.1.2 Product and Service Offerings
13.2 Segway Inc.
13.2.1 Business Overview
13.2.2 Product and Service Offerings
13.3 Neato Robotics Inc.
13.3.1 Business Overview
13.3.2 Product and Service Offerings
13.4 ZMP Inc.
13.4.1 Business Overview
13.4.2 Product and Service Offerings
13.5 iRobot Corporation
13.5.1 Business Overview
13.5.2 Product and Service Offerings
13.5.3 Key Financial Summary
13.6 Ecovacs Robotics Inc.
13.6.1 Business Overview
13.6.2 Product and Service Offerings
13.7 Sony Corporation
13.7.1 Business Overview
13.7.2 Product and Service Offerings
13.7.3 Key Financial Summary
13.8 Honda Motor Co. Ltd.
13.8.1 Business Overview
13.8.2 Product and Service Offerings
13.8.3 Key Financial Summary
13.9 Samsung Electronics Co. Ltd.
13.9.1 Business Overview
13.9.2 Product and Service Offerings
13.9.3 Key Financial Summary
13.10 temi USA Inc.
13.10.1 Business Overview
13.10.2 Product and Service Offerings

Chapter 14. Appendix
14.1 Abbreviations
14.2 Sources and References
14.3 Related Reports

List of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
TABLE 4 COVID-19 IMPACT ANALYSIS ON DIFFERENT SECTORS
TABLE 5 GLOBAL PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2019)
TABLE 6 GLOBAL PERSONAL ROBOTS MARKET, BY OFFERING, $M (2020-2030)
TABLE 7 GLOBAL PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2019)
TABLE 8 GLOBAL PERSONAL ROBOTS MARKET, BY TYPE, $M (2020-2030)
TABLE 9 GLOBAL PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2014-2019)
TABLE 10 GLOBAL PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2020-2030)
TABLE 11 GLOBAL PERSONAL ROBOTS MARKET, BY REGION, $M (2014-2019)
TABLE 12 GLOBAL PERSONAL ROBOTS MARKET, BY REGION, $M (2020-2030)
TABLE 13 NORTH AMERICA PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2019)
TABLE 14 NORTH AMERICA PERSONAL ROBOTS MARKET, BY OFFERING, $M (2020-2030)
TABLE 15 NORTH AMERICA PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2019)
TABLE 16 NORTH AMERICA PERSONAL ROBOTS MARKET, BY TYPE, $M (2020-2030)
TABLE 17 NORTH AMERICA PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2014-2019)
TABLE 18 NORTH AMERICA PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2020-2030)
TABLE 19 NORTH AMERICA PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2019)
TABLE 20 NORTH AMERICA PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2020-2030)
TABLE 21 EUROPE PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2019)
TABLE 22 EUROPE PERSONAL ROBOTS MARKET, BY OFFERING, $M (2020-2030)
TABLE 23 EUROPE PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2019)
TABLE 24 EUROPE PERSONAL ROBOTS MARKET, BY TYPE, $M (2020-2030)
TABLE 25 EUROPE PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2014-2019)
TABLE 26 EUROPE PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2020-2030)
TABLE 27 EUROPE PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2019)
TABLE 28 EUROPE PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2020-2030)
TABLE 29 APAC PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2019)
TABLE 30 APAC PERSONAL ROBOTS MARKET, BY OFFERING, $M (2020-2030)
TABLE 31 APAC PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2019)
TABLE 32 APAC PERSONAL ROBOTS MARKET, BY TYPE, $M (2020-2030)
TABLE 33 APAC PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2014-2019)
TABLE 34 APAC PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2020-2030)
TABLE 35 APAC PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2019)
TABLE 36 APAC PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2020-2030)
TABLE 37 LATAM PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2019)
TABLE 38 LATAM PERSONAL ROBOTS MARKET, BY OFFERING, $M (2020-2030)
TABLE 39 LATAM PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2019)
TABLE 40 LATAM PERSONAL ROBOTS MARKET, BY TYPE, $M (2020-2030)
TABLE 41 LATAM PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2014-2019)
TABLE 42 LATAM PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2020-2030)
TABLE 43 LATAM PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2019)
TABLE 44 LATAM PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2020-2030)
TABLE 45 MEA PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2019)
TABLE 46 MEA PERSONAL ROBOTS MARKET, BY OFFERING, $M (2020-2030)
TABLE 47 MEA PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2019)
TABLE 48 MEA PERSONAL ROBOTS MARKET, BY TYPE, $M (2020-2030)
TABLE 49 MEA PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2014-2019)
TABLE 50 MEA PERSONAL ROBOTS MARKET, BY TYPE, THOUSAND UNITS (2020-2030)
TABLE 51 MEA PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2019)
TABLE 52 MEA PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2020-2030)
TABLE 53 U.S. PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2019)
TABLE 54 U.S. PERSONAL ROBOTS MARKET, BY TYPE, $M (2020-2030)
TABLE 55 GERMANY PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2019)
TABLE 56 GERMANY PERSONAL ROBOTS MARKET, BY TYPE, $M (2020-2030)
TABLE 57 CHINA PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2019)
TABLE 58 CHINA PERSONAL ROBOTS MARKET, BY TYPE, $M (2020-2030)
TABLE 59 LIST OF PLAYERS AND THEIR OFFERINGS
TABLE 60 F&P ROBOTICS AG - AT A GLANCE
TABLE 61 SEGWAY INC. - AT A GLANCE
TABLE 62 NEATO ROBOTICS INC. - AT A GLANCE
TABLE 63 ZMP INC. - AT A GLANCE
TABLE 64 IROBOT CORPORATION - AT A GLANCE
TABLE 65 IROBOT CORPORATION - KEY FINANCIAL SUMMARY
TABLE 66 ECOVACS ROBOTICS INC. - AT A GLANCE
TABLE 67 SONY CORPORATION - AT A GLANCE
TABLE 68 SONY CORPORATION - KEY FINANCIAL SUMMARY
TABLE 69 HONDA MOTOR CO. LTD. - AT A GLANCE
TABLE 70 HONDA MOTOR CO. LTD. - KEY FINANCIAL SUMMARY
TABLE 71 SAMSUNG ELECTRONICS CO. LTD. - AT A GLANCE
TABLE 72 SAMSUNG ELECTRONICS CO. LTD. - KEY FINANCIAL SUMMARY
TABLE 73 TEMI USA INC. - AT A GLANCE

List of Figures
FIG 1 RESEARCH SCOPE
FIG 2 RESEARCH METHODOLOGY
FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY REGION
FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
FIG 6 DATA TRIANGULATION APPROACH
FIG 7 CURRENCY CONVERSION RATES FOR USD (2019)
FIG 8 GLOBAL PERSONAL ROBOTS MARKET SUMMARY
FIG 9 OPINIONS OF INDUSTRY EXPERTS/KOLS
FIG 10 VALUE CHAIN ANALYSIS OF PERSONAL ROBOTS MARKET
FIG 11 BARGAINING POWER OF BUYERS
FIG 12 BARGAINING POWER OF SUPPLIERS
FIG 13 INTENSITY OF RIVALRY
FIG 14 THREAT OF NEW ENTRANTS
FIG 15 THREAT OF SUBSTITUTES
FIG 16 GLOBAL PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2030)
FIG 17 GLOBAL PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2030)
FIG 18 WORLDWIDE MAJOR MARKETS FOR PERSONAL ROBOTS
FIG 19 NORTH AMERICA PERSONAL ROBOTS MARKET SNAPSHOT
FIG 20 NORTH AMERICA PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2030)
FIG 21 NORTH AMERICA PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2030)
FIG 22 NORTH AMERICA PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2030)
FIG 23 EUROPE PERSONAL ROBOTS MARKET SNAPSHOT
FIG 24 EUROPE PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2030)
FIG 25 EUROPE PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2030)
FIG 26 EUROPE PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2030)
FIG 27 APAC PERSONAL ROBOTS MARKET SNAPSHOT
FIG 28 APAC PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2030)
FIG 29 APAC PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2030)
FIG 30 APAC PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2030)
FIG 31 LATAM PERSONAL ROBOTS MARKET SNAPSHOT
FIG 32 LATAM PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2030)
FIG 33 LATAM PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2030)
FIG 34 LATAM PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2030)
FIG 35 MEA PERSONAL ROBOTS MARKET SNAPSHOT
FIG 36 MEA PERSONAL ROBOTS MARKET, BY OFFERING, $M (2014-2030)
FIG 37 MEA PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2030)
FIG 38 MEA PERSONAL ROBOTS MARKET, BY COUNTRY, $M (2014-2030)
FIG 39 U.S. PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2030)
FIG 40 GERMANY PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2030)
FIG 41 CHINA PERSONAL ROBOTS MARKET, BY TYPE, $M (2014-2030)
FIG 42 GLOBAL PERSONAL ROBOTS MARKET RANKING OF KEY PLAYERS (2019)
FIG 43 IROBOT CORPORATION - REVENUE SPLIT BY GEOGRAPHY (2019)
FIG 44 SONY CORPORATION - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
FIG 45 HONDA MOTOR CO. LTD. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
Note: Product cover images may vary from those shown
  • F&P Robotics AG
  • Segway Inc.
  • Neato Robotics Inc.
  • ZMP Inc.
  • iRobot Corporation
  • Ecovacs Robotics Inc.
  • Sony Corporation
  • Honda Motor Co. Ltd.
  • Samsung Electronics Co. Ltd.
  • temi USA Inc.
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll