Consumer Robotics Market Highlights

• Global consumer robotics market revenue is poised to garner USD 76.5 billion by 2032 with a CAGR of 28.6% from 2023 to 2032
• North America consumer robotics market value occupied around USD 2.8 billion in 2022
• Asia-Pacific consumer robotics market growth will record a CAGR of more than 30% from 2023 to 2032
• Among type, the autonomous sub-segment generated over US$ 4.4 billion revenue in 2022
• Based on connectivity, the Wi-Fi sub-segment generated around 58% share in 2022
• Expansion into emerging markets with untapped consumer robotics potential is a popular consumer robotics market trend that fuels the industry demand

Consumer robotics refers to professional service robots designed to interact with customers. These robots utilize both humanoid and non-humanoid technologies with robust automation capabilities, enabling them to perform various basic tasks for a customer base. Like other robots, their value is derived from labor savings, efficiency improvements, and increased uptime. The true value of consumer robots depends on their ability to interact with customers more efficiently than humans and their capability to collect customer data during face-to-face interactions. This data collection can be a prominent factor in creating brand identity in the global market, making them competitive. Consumer robots hold significant potential for developing interactive marketing and rebranding strategies. Their advanced technical capabilities also assist in tracking and implementing analytics to understand customer behavior. The consumer robotics market is expected to take a leading position in the global market in the coming years.

Global Consumer Robotics Market Dynamics

Market Drivers

• Increasing demand for automation and efficiency in customer service
• Advancements in artificial intelligence and machine learning technologies
• Growing adoption of consumer robots in healthcare and elderly care
• Expansion of the e-commerce industry, driving the need for robotic fulfillment solutions

Market Restraints

• High initial costs and ongoing maintenance expenses
• Concerns about data privacy and security in customer interactions
• Limited adaptability and customization for diverse customer needs

Market Opportunities

• Enhanced customization and personalization of consumer robot interactions
• Integration of virtual reality and augmented reality for immersive experiences
• Partnerships with retail and hospitality industries to provide innovative customer solutions

Consumer Robotics Market Report Coverage

Consumer Robotics Market Insights

The consumer robotics market is expected to see significant growth in the near future. According to the International Federation of Robotics (IFR), it is projected that sales of robots for commercial, personal, and domestic use could surpass 22.1 million units, valued at $4.6 billion, in the near term. Further projections from the organization suggest that consumer robots, especially in the vacuum and cleaning robotics segment, will become a common presence in households. IFR anticipates a substantial increase in unit sales, with a daily average growth rate of 46%, resulting in over 55 million units sold in the coming years.

Service robots designed for personal and domestic use are primarily aimed at the mass market, with a focus on household applications. These include vacuuming robots, floor cleaning robots, lawn-mowing robots, and entertainment robots. According to an updated report by the IFR, the total number of service robots for personal and domestic use saw a 34% increase, with sales of over 23.2 million units. Their total value increased by 20% to reach US$5.7 billion. Currently, basic vacuum robots are available for less than US$100. Furthermore, 75% of the sample of domestic robots, which includes lawn mowers, vacuum and floor cleaners, and others, were produced by American manufacturers.

The growing consumer robotics market includes assistance robots designed for elderly or handicapped individuals. The estimated sales value has increased by 17%, reaching US$91 million. Numerous national research projects in various countries are focusing on consumer robotics, recognizing its significant potential in the future.

Since 2014, the National Science Foundation (NSF) has invested in projects ranging from $700,000 to $1 million that heavily involve smart service systems. One such project is the Partnerships for Innovation: Building Innovation Capacity (PFI: BIC) with NSF. These programs aim to advance, adopt, and integrate technologies such as robots into human-centered smart service systems. National programs like these provide opportunities for scientists to collaborate with industries, allowing them to test their laboratory-developed technologies and introduce new products to the market.

Consumer Robotics Market Segmentation

The worldwide market for consumer robotics is split based on type, component, connectivity, application, industry verticals, and geography.

Consumer Robotics Type

• Autonomous
• Semi-autonomous

According to the consumer robotics industry analysis, the autonomous sector holds the highest share in 2022. This is mainly due to the fact that autonomous robots provide a greater level of independence and self-sufficiency in carrying out tasks, which lessens the requirement for ongoing human intervention. Their ability to traverse and adjust to shifting surroundings increases their adaptability and user-friendliness. Their enhanced independence renders them especially appealing for use in smart home, healthcare, and other service sectors, where convenience and effectiveness are critical factors. Because it can meet customers expectations in a sophisticated and seamless manner, the autonomous segment has grown in popularity.

Consumer Robotics Component

• Software
• Microcontrollers
• Displays
• Cameras
• Actuators
• Communications Technologies
• sensor
• Processors
• Others

The sensor segment dominates the consumer robotics market in terms of components. Technological advancements and sensor improvements have secured a prominent position in the global market. This includes tactile and vision systems that expand the range of applications for robots and simplify their implementation. Readily available industrial connections, easier integration of end effectors, system I/O, and communication facilitate the seamless integration of robotics into existing platforms. Additionally, manufacturers should prioritize interactive and interconnected interfaces to establish a strong presence in the commercial robotics market.

Consumer Robotics Connectivity

• Wi-Fi
• Bluetooth
• Others

The Wi-Fi segment of the consumer robots business is the largest due to its superior connectivity. Wi-Fi is ideal for heavy applications since it provides greater coverage, a better data transfer rate, and a longer range than Bluetooth. Robots can access and share data with other devices using Wi-Fi, which makes it easier for them to integrate into smart homes and gives them remote control and monitoring capabilities. Furthermore, because Wi-Fi ensures compatibility with a wide range of devices and services, it is the ideal option for IoT (Internet of Things) ecosystems. Because of its increased versatility and improved connectivity, the Wi-Fi sector leads the market and can satisfy the growing demand for connected consumer robots.

Consumer Robotics Application

• Entertainment
• Security & Surveillance
• Education
• Others

The market desire for robots that offer entertainment and leisure is what propels the entertainment section is expected to the top. Robots for consumers that provide entertainment functions such as dancing, storytelling, or gaming have become rather popular. Both kids and adults find these robots appealing since they improve the user experience. Furthermore, the entertainment industry thrives on innovation, embracing cutting-edge technologies to create dynamic and captivating experiences that propel it to the forefront of the consumer robotics market.

Consumer Robotics Industry Verticals

• Telepresence Robots
• UAVs
• Healthcare Robots
• Industrial Robots

As per the consumer robotics market forecast, the healthcare robots is expected to attain maximum market share from 2023 to 2032. The reasons for this supremacy are numerous and important. Automation and robots are desperately needed in the healthcare industry to improve telemedicine, surgery, and patient care. Healthcare robots provide round-the-clock care, increase efficiency, and lower human error. The need for healthcare services is also rising in many areas due to an ageing population, which is propelling the use of healthcare robots. The healthcare robots area of the consumer robotics market is the largest and most important due to the vast range of applications that these robots offer, including patient monitoring, surgery, and rehabilitation.

Consumer Robotics Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)

Consumer Robotics Market Regional Analysis

The consumer robotics market is dominated by North America for a number of important reasons. First off, it has the advantage of being part of a mature tech sector with significant robotics companies that have fueled innovation and market penetration. Demand for consumer robots has increased due to increased consumer awareness and disposable income, particularly in fields like entertainment, healthcare, and home automation. Furthermore, a robust regulatory structure guarantees quality and safety, increasing consumer confidence.

Conversely, the consumer robotics industry in the Asia-Pacific region is expanding at the quickest rate. The region's growing middle class, increased disposable incomes, and cultural propensity for technology adoption are the main causes of this fast expansion. In order to meet the issues posed by an ageing population, governments in nations such as China and Japan actively support and invest in robotics. These investments are focused on healthcare and eldercare applications. The demand for industrial and service robots is rising due to the growth of the manufacturing and automation sectors in Asia-Pacific. In addition, the area has a thriving startup ecosystem that stimulates competition and innovation. The Asia-Pacific area is poised to become the fastest-growing centre for consumer robotics in the near future due to a combination of these variables and increased awareness of the advantages of consumer robots.

Consumer Robotics Market Players

Some of the top consumer robotics companies offered in our report includes Hubei Teweite Power Type Company, Mat Holdings, Atlas Copco, Kaeser Kompressoren, Doosan, Sullair, Ingersoll-Rand, Ciasons Industrial, Gardner Denver, Elgi, Rolair Systems, Quincy, Sullivan-Palatek, Vanair Healthcare Robots, and Belaire.