Household Robot Market

Household Robot Market Outlook (2023 to 2033)

The global household robot market, as reported by Fact.MR, reached a value of US$ 12.1 billion in 2022. Worldwide sales of household robots are projected to swell at a CAGR of 20.6% and reach US$ 95.1 billion by 2033-end.

Rapidly rising demand for different types of household robots is predicted to be led by the growing cost of manual labor services, low maintenance of robots, and penetration of IoT (Internet of Things) devices. The speed, productivity, and consistency of household robots are contributing to their increased use as a replacement for the human labor force.

Key Market Growth Drivers

• Convenience and automation offered by household robots are helpful with several chores and tasks, including mowing the lawn, cleaning, or sometimes even cooking. People are giving importance to these robots due to their features to save effort and time.
• The rising aging population is boosting requirements for robots to assist with multiple tasks for healthcare and elderly care, which includes monitoring and companionship.

The household robot market is a rapidly evolving and dynamic segment of the robotics market, which focuses on developing, producing, and sales of robots that are specifically designed to help in tasks within residential environments. Household automation devices are developed to enhance the efficiency, quality, and convenience of homeowners while streamlining domestic chores.

Smart home robots can take many forms, from compact and small robotic vacuum cleaners and robot lawnmowers to intelligent and more advanced robots that are capable of offering multiple responsibilities. Some of these include companionship with geriatric people, managing smart home systems, ensuring home security, pet care, cooking, etc. A diverse array of technologies and products cater to various requirements and preferences of global consumers.

• Based on component, worldwide demand for house robotic products is forecasted to increase at 22.7% CAGR and reach a market value of US$ 41.5 billion by 2033-end.
• The household robot market in China is projected to expand at a CAGR of 19.4% and reach US$ 8.81 billion by 2033.

Report Attributes	Details
Household Robot Market Size (2022A)	US$ 12.1 Billion
Estimated Market Value (2023E)	US$ 14.6 Billion
Forecasted Market Value (2033F)	US$ 95.1 Billion
Global Market Growth Rate (2023 to 2033)	20.6% CAGR
United States Market Value (2022)	US$ 3.61 Billion
Product Segment Value (2033)	US$ 41.5 Billion
Japan Market Growth Rate (2023 to 2033)	18.2% CAGR
Germany Market Growth Rate (2023 to 2033)	13.5% CAGR
Key Companies Profiled	Alfred Karcher BSH Hausgerate Blur Frog Robotics Deere & Company Bobsweep Dyson Husqvarna Group Ecovacs Robotics Samsung Neato Robotics Miele LG Lego Group Irobot Ilife Innovations

Which Main Aspects are Driving Demand for Household Robots?

“Rising Adoption of Autonomous Technology to Reduce Human Intervention”

Increasing adoption of autonomous technology to help reduce human intervention is predicted to contribute to market growth. The growing demand for autonomous robots with remote and voice assistance across developed and developing economies is projected to spur market opportunities.

Autonomous robot vacuums are used as replacements for conventional vacuums that need manual switching and charging. These traditional robots are now assisted with voice commands and converted to self-charge. There are a lot of households that are equipped with efficient navigation features and AI. These robots can deal with obstacles and help in working in the dark.

Advanced robots can be connected to smart devices, including Google Assistance and Alexa, and Wi-Fi to ensure two-way communication. These advanced robots help in the identification of clingers, including doors, walls, and mirrors to avoid any sort of obstacles while completing tasks.

For instance:

• Amazon, in 2021, launched a robot, named Amazon Astro. This newly launched robot can be connected to smartphones and assist in monitoring and receiving real-time alerts, even remotely.

“Ease of Operation of Household Robots a Key Factor”

Household robots are used for multiple activities around the house. They generally find applications in the vacuum cleaning industry. The majority of robots comprise a system for vacuum floor cleaning. This system helps the machine sweep the areas and floors independently without any requirement for human supervision or intervention.

It is comparatively easier to operate robot vacuum cleaners than conventional ones due to their independence and small size. Furthermore, household robots require less upkeep and are more reliable compared to conventional household appliances. Rising cost of labor services, increasing technological advancements, and rising integration of robots for domestic use are some pivotal growth-driving factors in the market.

What’s Expected to Restrict the Demand Growth for Household Robots to Some Extent?

“High Cost of Production and Pricing Associated with Household Robots”

One of the prominent obstacles that is creating limitations in the progress of the global market is its expensive initial expenditures. Players need to spend a handsome amount to develop household robots that match the requirements of consumers and match standards implemented for safety by respective governing bodies.

Which Key Market Trend are Start-ups Expected to Cash in On?

“Focus on Improving Much-needed Endurance of Household Robots”

Start-ups are estimated to invest in the improvement of the endurance capabilities of robots that are predicted to allow for serviceability and large area coverage. Presently, some robots operate for a shorter period of 1 to 2 hours if charged fully and then return to their respective charging station.

Transitions in the automotive industry, including a shift to electric vehicles and the development of battery technology at a rapid pace, are leading to the development of advanced technology to improve multiple parameters of batteries. These innovations are forecasted to decrease the downtime of batteries and boost the operational run time of robots.

Country-wise Insights

Owing to the flourishing robotics sector, the North American market is predicted to hold a leading position in 2033. In addition, increased adoption of robotics in the region is also contributing to market expansion.

Europe is forecasted to become the second-largest producer of household robots globally, according to Fact.MR, a market research and competitive intelligence provider. The requirement to offer support to seniors is increasing with the expanding geriatric population. On the other hand, various younger people are also longing for companionship robots.

Why is the United States an Attractive Market for Suppliers of Household Robots?

“Extensive Adoption of Robotics and Well-established Robotics Industry”

Autonomous robot demand in the United States reached US$ 3.61 billion in 2022, as per a study published by Fact.MR. The increasing adoption of robotics and the well-established and growing robotics industry in the United States are projected to open up lucrative opportunities for suppliers.

Which Countries in Asia Pacific are Considered Profitable in This Space?

“Government Investments in Robotics Education in China, India, Japan, and South Korea”

Sales of personal robot helpers in China are projected to advance at a CAGR of 19.4% and reach a valuation of US$ 8.81 billion by 2033. Moreover, demand for smart home robots in Japan is forecasted to accelerate at a CAGR of 18.2% from 2023 to 2033. According to Fact.MR, China is a prominent market with a contribution of about 50% of the revenue share based on the use of robots, followed by Japan and South Korea.

Growing adoption of innovative technologies in China and Japan is anticipated to support sales of household robots. Further, rise in the production of various advanced cleaning robots in China is contributing to market growth. Governments in developing markets such as India, China, Japan, and South Korea are investing in revamping their education system and supporting robotic and human workforces.

Category-wise Insights

Based on component, worldwide demand for household robots as a product is projected to advance at a CAGR of 22.7% and reach US$ 41.5 billion by 2033-end. Moreover, based on type, sales of domestic robots are increasing because of their wide application range in regular household chores.

Why is Preference for Domestic Robots Increasing Significantly?

“Domestic Robot Demand Driven by Their Seamless Integration into Home Security Networks”

Based on type, domestic robots are adopted extensively across the globe. These smart home robots can operate easily on different sorts of floors. In addition, they are also utilized in home security networks.

Changing lifestyles of people, especially in urban areas, are predicted to scale up the demand for domestic robots. These personal robots have extensive applications in routine household chores, including washing windows and floors, mowing, etc. Moreover, as a company for geriatric people and kids, robotic assistants monitor their activities and remind them of their medications.

For What Purpose are Household Robots Most Used Extensively?

“Rising Adoption of Household Robots for Vacuuming Due to Their Floor Cleaning Efficiency”

Based on application, use of household robots for vacuuming accounted for a 56% share of the global market revenue in 2022. Adoption of robotic vacuum cleaners sometimes overweighs other chores of the household as robotic vacuum cleaners are deployed in various households, irrespective of floor type. The increasing number of nuclear families is anticipated to boost demand for vacuum robots. Moreover, the growing aging population in some countries, including India and China is predicted to propel demand for robotic assistants to help with chores and companionship.

Market Competition

Providers of household robots are incorporating several strategies to achieve their goals, including ensuring quality control of products, new developments, and management of supply chain systems. Prominent market players are focusing on mergers, acquisitions, and product launches to gain a competitive edge.

For instance:

• Amazon, in August 2022, merged with iRobot Corporation for the acquisition of iRobot. The company is also aiming to create some innovative cleaning products to offer convenience to customers.
• AIRROBO, in October 2021, launched the Robot Vacuum T10+. It has the feature of a self-emptying dustbin and offers hands-free cleaning services for 45 days.

Top companies in the household robot market are Alfred Karcher, BSH Hausgerate, Blur Frog Robotics, Deere & Company, Bobsweep, Dyson, Husqvarna Group, Ecovacs Robotics, Samsung, Neato Robotics, Miele, LG, Lego Group, Irobot, and Ilife Innovations.

Segmentation of Household Robot Market Research

• By Type :

  • Domestic
  • Entertainment & Leisure

• By Component :

  • Products
  • Services

• By Application :

  • Vacuuming
  • Lawn Mowing
  • Pool Cleaning
  • Companionship
  • Robot Toys & Hobby Systems
  • Elderly Assistance & Handicap Assistance

• By Distribution Channel :

  • Online
  • Offline

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa