Global Opportunities and challenges on Consumer and Business Robots market, Expansion at +22% CAGR with innovation in technology, various aspects of the industry – players, regions, types, and applications during the forecast period
Consumer robotics market can be segmented based on end-use, components, industry verticals and geography. Based on end-use, the market can be segmented into task robots, entertainment robots, security and surveillance robots, personal robots and education
(EMAILWIRE.COM, July 18, 2018 ) “Global Consumer and Business Robots Market Research Report 2018” and accelerates a wide-ranging and focused look into this market. The declining price of personal robot owing to rapidly growing competition in market drives the adoption of consumer robot while augmenting its market growth. In addition, the growing demand for home care owing to rapidly aging population and rising prevalence of diseases further propel the consumer robot market growth. Consumer task robots mimic human actions to perform tasks in the same way a human performs. The use of robotics in consumer tasks helps in achieving time, cost and comfort related benefits. Moreover, reduction in efforts and increased peace of mind are among other consumer benefits that this technology offers.
Consumer robot market is projected to witness a CAGR of +22% during the forecast period to reach a total market size of US$14.911 billion by 2023, increasing from US$5.438 billion in 2018.
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Growing spending power of consumers and increasing need for convenience, especially in developed countries, is another major factor contributing to the growing consumer robot market. Other drivers include growing the rise in security threat, high speed innovation and growing number of players. However, the performance issue might hold back the market growth. High speed innovation is expected to augment the consumer robot market growth over the projected period.
The major players discussed in the report include iRobot Corporation, Jibo, Inc., 3D Robotics, Inc., Honda Motor Co., Ltd., Bossa Nova Robotics, DJI, and SoftBank Group. The players are focusing on delivering low-cost product in order to enhance their market.
Consumer robotics market can be segmented based on end-use, components, industry verticals and geography. Based on end-use, the market can be segmented into task robots, entertainment robots, security and surveillance robots, personal robots and educational robots. Based on components, the market can be segments into processors, software, microcontrollers, sensors, displays, cameras, actuators, power supplies, manipulators, communications technologies, mobile platforms, mobile robots, wheels, legs, ball, hopping, walking and other mobility options, outdoor water locomotion, outdoor land locomotion, locomotion for flying through the air. Based on industry verticals, the market can be segmented into consumer robotics segment, Telepresence robots, educational robotics kits, UAVs, healthcare robotics and industrial robotics.
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Table of Content
Consumer and Business Robots Market Research Report 2018-2023
Chapter 1: Consumer and Business Robots Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Consumer and Business Robots Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Consumer and Business Robots Market Effect Factors Analysis
Chapter 12: Consumer and Business Robots Market Forecast
To get more information and Enquiry: http://qyreports.com/enquiry-before-buying?report-id=74824
Consumer robot market is projected to witness a CAGR of +22% during the forecast period to reach a total market size of US$14.911 billion by 2023, increasing from US$5.438 billion in 2018.
To Get Sample Copy: http://qyreports.com/request-sample?report-id=74824
Growing spending power of consumers and increasing need for convenience, especially in developed countries, is another major factor contributing to the growing consumer robot market. Other drivers include growing the rise in security threat, high speed innovation and growing number of players. However, the performance issue might hold back the market growth. High speed innovation is expected to augment the consumer robot market growth over the projected period.
The major players discussed in the report include iRobot Corporation, Jibo, Inc., 3D Robotics, Inc., Honda Motor Co., Ltd., Bossa Nova Robotics, DJI, and SoftBank Group. The players are focusing on delivering low-cost product in order to enhance their market.
Consumer robotics market can be segmented based on end-use, components, industry verticals and geography. Based on end-use, the market can be segmented into task robots, entertainment robots, security and surveillance robots, personal robots and educational robots. Based on components, the market can be segments into processors, software, microcontrollers, sensors, displays, cameras, actuators, power supplies, manipulators, communications technologies, mobile platforms, mobile robots, wheels, legs, ball, hopping, walking and other mobility options, outdoor water locomotion, outdoor land locomotion, locomotion for flying through the air. Based on industry verticals, the market can be segmented into consumer robotics segment, Telepresence robots, educational robotics kits, UAVs, healthcare robotics and industrial robotics.
To Get Effective Discount: http://qyreports.com/ask-for-discount?report-id=74824
Table of Content
Consumer and Business Robots Market Research Report 2018-2023
Chapter 1: Consumer and Business Robots Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Consumer and Business Robots Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Consumer and Business Robots Market Effect Factors Analysis
Chapter 12: Consumer and Business Robots Market Forecast
To get more information and Enquiry: http://qyreports.com/enquiry-before-buying?report-id=74824
Contact Information:
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Tel: +91-9764607607
Email us
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QYReports
Jones John
Tel: +91-9764607607
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results