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Global Household Robots Market Size and Share Analysis 2023-2028
The Household Robots Market is projected to reach USD 7.98 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 18.81% during the forecast period (2023-2028), reaching USD 18.90 billion.
Household robots are autonomous devices designed to perform various tasks, such as floor cleaning, pool maintenance, window cleaning, and lawn mowing, without human intervention. They are primarily used in residential properties. These robots, also known as domestic robots, are a subset of autonomous service robotics that handle mundane household chores and can also serve purposes like entertainment, education, and assistance for the elderly.
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USD 7.2 billion in 2021
Application and Geography
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The increasing adoption of the smart home concept is expected to drive the demand for robotics in the overall smart home ecosystem. The convenience offered by robotic vacuum cleaners in reducing household chores is a key factor fueling market growth. As modern households become more technologically advanced, robotic vacuum cleaners provide convenience and save time. However, traditional vacuum cleaners can be noisy and bulky for everyday use.
The growing automation in household appliances, rising labor costs in developed countries, and increasing concerns about health and safety are driving the global demand for household robots. Technological advancements in artificial intelligence (AI), robotics, and machine vision cameras further contribute to market growth by enabling robots to effectively navigate and recognize obstacles, such as stairs, cables, dustbins, thresholds, and rugs.
Nevertheless, the higher costs associated with procuring and maintaining these robots pose a significant challenge to market growth. Efficient operation of these robots requires a certain level of technological expertise, which can hinder market development, particularly in developing regions.
The outbreak of COVID-19 has had a notable impact on the growth of the household robots market. The widespread lockdowns imposed during the pandemic resulted in a significant portion of the global population spending more time at home. This led to increased spending on household entertainment and convenience products, creating a favorable environment for market growth. These behavioral shifts are expected to have a lasting impact on consumer consumption patterns, supporting market growth throughout the forecast period.
The market is segmented based on various factors, including application and geography.
Segmentation by Application
Robotic Vacuum and Mopping
Companionship and Other Applications
Segmentation by Geography
Rest of the World
The rapid urbanization occurring worldwide presents significant challenges in various aspects of urban life, including congestion, pollution, food and water security, energy access, waste management, and infrastructure maintenance. As projected by the World Health Organization (WHO), it is expected that 68% of the global population will reside in urban areas by 2050. Cities, at the forefront of technological advancements driven by the fourth industrial revolution, are embracing robotics and other technologies to tackle these urban challenges. One pressing need is for automated support to accommodate the aging population. WHO estimates suggest that the number of people over the age of 60 will exceed 1 billion and rise to 1.4 billion by 2030, necessitating an additional 6 million nurses.
According to the World Population Data Sheet 2022 published by the Population Reference Bureau, North America stands as the most urbanized continent globally, with 83% of its population residing in cities. Latin America and the Caribbean follow closely behind with an urbanization rate of 81%. It is projected that the global urban population share will increase from 56% in 2020 to 70% in 2050.
While urbanization is occurring worldwide, the Asia-Pacific region is experiencing the fastest growth. Tokyo-Yokohama, Japan, is currently the largest urban area globally, with a population of 39.2 million. This presents a significant market opportunity for vendors to invest in new products.
Industrialization is a key driver of urbanization in Asia-Pacific, particularly in countries like China and India. According to the State Council of the People’s Republic of China, the country’s urbanization rate reached 64.72% in the previous year, surpassing 65% as targeted in the 14th Five-Year Plan.
Asia-Pacific is expected to witness substantial growth in the household robots market, driven by the adoption of household robots in countries such as China, Japan, and India. The region’s demand for cleaning robots is likely to increase due to the rapid development of robotic systems by Chinese and Japanese companies. The Asia-Pacific region is one of the fastest-growing markets for cleaning robots, fueled by technology adoption and domestic production. Regional vendors also contribute significantly to innovation and development in the cleaning robot sector. For example, Haier, a leading consumer electronics brand, launched its first-ever smart vacuum cleaner in India in May 2022. This 2-in-1 dry and wet mop robot vacuum cleaner features 2.4 GHz Wi-Fi, Google Home Assistant compatibility, and smart management through the Haier smart app, voice control, and remote control.
The growing urbanization rate and evolving lifestyles across various countries in the region are key factors driving the demand for household robots. For instance, both China and India are projected to witness an increase of over 340 million in their urban populations by 2030, as reported by the Population Reference Bureau. Even smaller countries like Laos are expected to add approximately 3.2 million people to their urban populations, reaching a level of 43% urbanization by 2030.
Government initiatives aimed at promoting the robotics industry are creating a favorable environment for market growth. These initiatives foster collaboration between organizations, leading to the development of innovative technologies. The Chinese government, for instance, has identified the robotics industry as a crucial component of its economic strategy in its 14th Five-Year Plan. China aims to become a global source of robotics innovation by 2025.
Overall, the increasing demand for cleaning robots, as well as the need for humanoid robots for entertainment and companionship, are expected to contribute positively to the growth of the household robots market during the forecast period.
The household robots market is characterized by fragmentation, with the presence of prominent players such as iRobot Corporation, Neato Robotics Inc., Samsung Electronics Co. Ltd, Ecovacs Robotics Inc., and Panasonic Corporation. These market players are implementing various strategies, including partnerships, innovations, mergers, and acquisitions, to enhance their product offerings and achieve a sustainable competitive advantage.
In October 2022, Ecovacs made an announcement regarding the introduction of two new smart robotics products. The first is the GOAT G1, a groundbreaking robotic lawn mower, and the second is the DEEBOT PRO K1 and M1, a networked commercial floor cleaning robot.
In September 2022, iRobot Inc. unveiled the Roomba Combo j7+, accompanied by intelligent iRobot OS 5.0 enhancements. The Roomba Combo j7+ is a versatile 2-in-1 robot that can both mop and vacuum across various surfaces such as carpets, rugs, and hard floors. Distinguishing itself from other 2-in-1 robots, it performs both tasks in a single cleaning session, saving time and maintaining pristine, hygienic floors.
Key companies profiled in this report include iRobot Corporation, Neato Robotics Inc., Samsung Electronics Co. Ltd, Ecovacs Robotics Inc., Panasonic Corporation, LG Electronics Inc., Blue Frog Robotics Inc., Roborock Technology Co. Ltd, Husqvarna Group, ILIFE Innovation Ltd, bObsweep Inc., SharkNinja Operating LLC, Maytronics Ltd.
Recent Industry Developments
In January 2023, Roborock Technology Co. Ltd unveiled its flagship robot vacuums, the S8 Series, which includes the Roborock S8 Pro Ultra, Roborock S8+, and the Roborock S8. These advanced robots possess intelligent navigation capabilities, allowing them to effortlessly navigate and provide superior deep cleaning functionality within the household.
In October 2022, Husqvarna Group made an announcement regarding the release of its inaugural virtual boundary robotic lawn mower designed for private gardens. Known as the Husqvarna Automower NERA, this innovative device operates with remarkable precision, maintaining a 2-3 cm accuracy, and is capable of tackling challenging terrains and slopes with inclinations of up to 50%. Through this introduction, the company aims to simplify gardening and lawn management for its customers.
Key Questions Answered
What is the anticipated size of the Household Robots Market?
The projected size of the Household Robots Market is expected to reach USD 7.98 billion in 2023 and grow at a compound annual growth rate (CAGR) of 18.81% to reach USD 18.90 billion by 2028.
What is the current size of the Household Robots Market?
As of 2023, the Household Robots Market is expected to reach USD 7.98 billion.
Who are the major players in the Household Robots Market?
The major companies operating in the Household Robots Market include iRobot Corporation, Neato Robotics Inc., Samsung Electronics Co. Ltd, Ecovacs Robotics Inc., and Panasonic Corporation.
Which region is experiencing the fastest growth in the Household Robots Market?
The Asia Pacific region is estimated to have the highest CAGR over the forecast period (2023-2028) in the Household Robots Market.
Which region holds the largest market share in the Household Robots Market?
As of 2023, Europe holds the largest market share in the Household Robots Market.